The International Monetary Fund (IMF) has stated that the newly discovered oil reserves in Uganda may account for around four per cent of the country’s economy annually in next few years if managed well
The Nigerian government has approved new national oil administration policy, aiming to improving the country’s oil fortunes by boosting revenues from the commodity
Panoro Energy has announced its final investment decision (FID) on the development of the Dussafu oil fields in Gabon
Cairn Energy PLC announced that it discovered oil at the deep portion of FAN South-1 well basin in the South Fan prospect offshore Senegal, and said that further work will be undertaken to establish the potential commerciality of the deep water resources
The Nigerian National Petroleum Corporation (NNPC), FIRST Exploration and Production (First E&P) and Schlumberger signed a tripartite agreement for the development of the Anyala and Madu fields under OMLs 83 and 85, in Nigeria’s offshore Bayelsa state
