The Italian oil services group Saipem, in which ENI owns 30.5%, is looking for a new future in Africa. The collapse in the oil price has cut steeply into its operations in key countries and deprived it of prospects elsewhere.
Subscribers only
Although president Muhammadu Buhari announced the amnesty process for militants from the Niger Delta would end in December he has [...]
Subscribers only
The administrator of Gabon Oil Co is pushing ahead with his plan to save the national company. The acquisition of a field worked by Total could help pull it out of crisis.
Subscribers only
The former managing director of Hyperdynamics is back in business after teaming up with a well-connected Namibian businessman.
Subscribers only
To avoid placing all gasoline import contracts in the same hands the Nigerian president has inaugurated a new kind of short-term contract.
Subscribers only
Against all expectations, a government re-shuffle by Alassane Ouattara on Jan. 12 following his re-election as president in October, saw [...]
Subscribers only
The collapse in the oil price since June, 2014 has led to a lot of horse trading between sellers and [...]
Subscribers only
After winning a 10-month respite last July, the American junior EnerGulf still hasn't started work on its contractual well on [...]
Subscribers only
Recently contracted to build an oil terminal in the port of Kribi, Canada’s Blaze Energy is going to shortly begin [...]
Subscribers only
According to our sources, Congo-K’s oil and gas minister, Aime [...]
Subscribers only
Although it announced in late January that it had found [...]
Subscribers only
While waiting to find a partner to help it develop [...]
Subscribers only
While the Ugandan government hasn’t yet announced the winners of [...]
Subscribers only
Despite a $7.5 million loss in 2014 and the difficult [...]
Subscribers only
The national oil company’s financial condition is such it can’t pay its suppliers on time. The Sahara trading company has made it plain its patience is fast running out.
Subscribers only
The firm AGM Petroleum is keeping an eagle's eye on the arbitration proceedings between Accra and Abidjan before the International [...]
Subscribers only
With its shares sinking on the stock exchange, Ophir is trying to keep its head above water while waiting for its Fortuna project to start up.
Subscribers only
The Irish explorer Petroceltic could well lose a fight it [...]
Subscribers only
Already present on the Moho Nord block in Congo-B’s ultra [...]
Subscribers only
After forging a partnership with Hexing Electrical, Msumbiji Group has teamed up with new Chinese partners to win EDM tender.
Subscribers only
By confirming the inception of its partnership with NamPower in January, South Africa’s Xaris Holdings made it plain that it [...]
Subscribers only
Interconnection work between the Ruzizi 1 and 2 dams on the Ruzizi river and Bujumbura has ground to a halt [...]
Subscribers only
Originally set for 2015, the inauguration of work on Inga [...]
Subscribers only
While waiting for their electricity projects to come on stream [...]
Subscribers only
The Nigerian explorer Midwestern Oil & Gas Co is poised [...]
Subscribers only
Anxious to attract investors to help revive exploration on South [...]
Subscribers only