RoyalGate Energy extends license in Equatorial Guinea

6523276639 ac499930a6 zRoyalGate Energy, Houston-based independent oil and gas firm, said in a statement that it has been granted an extension on its Block Z license in Equatorial Guinea, with plans to commence drilling as the oil price stabilises and the market recovers

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APPO and African producers call for unity, cooperation and reform

32511212194 6ee69e8535 zThe African Petroleum Producers Organisation (APPO) and its member countries have called for unity, cooperation and reform amongst oil producers ahead of the Cape VII Congress and Exhibition

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Nigeria crude oil hits 2.09 mmbbl

AdobeStock 104129173Nigeria’s daily crude oil production recorded an upward swing of about 2.09 mmbbl in 2018, translating to a nine per cent increment, compared with the 2017 average daily production of 1.86 mmbbl

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Global offshore projects to yield 8.1 mmbbl per day of crude by 2025, says GlobalData

offshore oil 18Globally, the total crude and condensate production from announced and planned global offshore projects is expected to be around 8.1 mmbbl per day of crude and about 47.3 bcf per day of natural gas by 2025, according to GlobalData, a leading data and analytics company

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Petronas makes an entry into Senegal’s oil and gas industry

petronas 21Malaysian oil and gas company Petronas, through its subsidiary PC Senegal Ltd, has signed a farm-in agreement with Total E&P Senegal SAS, a subsidiary of Total, to acquire a 30 per cent participating interest in the Rufisque Offshore Profond block

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