Search for Africa

17.04.2013 Aker Solutions Wins Umbilical Contract in West Africa

Aker Solutions has been awarded a contract from Technip to deliver umbilicals for the Girassol Resources Initiative (GirRI) phase 2 development off the coast of Angola. Contract value is undisclosed.

17.04.2013 Rig Secured for Senegal Drilling

FAR Ltd. reported that Cairn Energy, operator of the Rufisque, Sangomar, and Sangomar Deep blocks offshore Senegal, has informed that a rig has been contracted for drilling.

17.04.2013 Africa’s Gas Trove Pulling Asian States Ahead of Shell

Asian state-owned oil companies are making inroads in the contest for East Africa’s energy reserves, gaining power in export projects that Western explorers like Royal Dutch Shell Plc (RDSA) used to dominate, Bloomberg reports.

16.04.2013 Africa Oil Confirms Lower Lokhone Oil Discovery in Ngamia-1 Well and Provides Operational Update

Africa Oil Corp. (TSX VENTURE:AOI)(NASDAQ OMX:AOI) ("Africa Oil" or the "Company") is pleased to provide the following operational update on its projects in East Africa.

16.04.2013 Libya May Supply Tunisia with Crude

Libya and Tunisia are looking to move forward on agreements and MoUs that will have Libya supplying neighboring Tunisia with crude.

16.04.2013 Algeria Looks to Increase Refining Capacity

Youcef Yousfi, Algeria’s energy minister reported that the country plans to double its refining capacity over the next five years to meet growing domestic demand and expand its petrochemical industry.

11.04.2013 LNG Import Terminal Good for South Africa

The planned LNG import terminal in South Africa is expected to aid in supplying feedstock to power the country according to PetroSA’s CEO, Nozizwe Nokwe-Macamo, Petroleum Africa reports.

11.04.2013 Proven Oil Reserves in Angola Estimated at 12.6 Billion Barrels

The Angolan Oil minister, Botelho de Vasconcelos, said Tuesday in Hamburg (Germany) that proven and probable reserves of oil in the country are estimated at 12 billion and 667 million barrels, according to the recently discoveries held both in shallow waters, such as dee

11.04.2013 Africa's Oil and Gas Frontiers Top Up Supply

New producing countries are set to redraw sub-Saharan Africa's oil and gas map over the next five years, contributing to a significant net increase in output and attracting the top global companies, Reuters reports.

09.04.2013 ExxonMobil Confirms Liberia Entry

US supermajor ExxonMobil confirmed its entry into the Liberian offshore exploration scene announcing that its Liberian affiliate had acquired an 80% stake in Block LB-13.