Friday, August 18, 2017

PRESS RELEASE SBM Offshore wins OTC ‘Spotlight on New Technology’ award for the innovative FPSO Turritella Turret Mooring System (TMS) SBM Offshore is honored to announce...

African Petroleum saw the Ayamé-1X exploration well, offshore Côte d’Ivoire, spud on April 29 using the Seadrill West Saturn drillship. The well, operated by...

Africa Energy Corp. has terminated its farm-out agreement which would have given it a stake offshore Namibia. The terminated agreement was with Pancontinental Oil...

Impact Oil & Gas’ subsidiary, Impact Oil & Gas AGC, reached an agreement with CNOOC UK Ltd. to farm out a 65% participating interest...

Sterling Energy and Petrosoma have agreed to revise the terms of the farm-out agreement between Sterling Energy (East Africa) Ltd. (SEEAL) and Petrosoma from...

FAR Ltd. has concluded negotiations for the revision of terms for the Sinapa and Esperanca License with Guinea-Bissau’s state-run oil and gas firm Petroguin....

Lekoil entered into a commercial offtake agreement with Shell Western Supply and Trading, a subsidiary of Royal Dutch Shell. The offtake agreement is for...

The South African government has given approval for shale gas development in its Karoo basin. The news was revealed by Mineral Resources Minister Mosebenzi...

Cdn$32.8 billion spent in Canada in March 2017 in Upstream M&A After a lacklustre start to the year, the Canadian upstream M&A market burst into life...

According to the International Centre for Agriculture, the country has exported over a million metric tonne of beans to several countries, making it the...
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