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Africa Oil Corp has announced that heads of terms agreements with the government of Kenya and joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A. have been signed for the development of oil fields in the South Lokichar Basin

London-listed drilling contractor ADES International Holding PLC (ADES) has secured a new two-year contract for its ADMARINE IV offshore jack-up rig in Egypt and has signed a one-year contract extension for its onshore rig RIG 828 in Algeria

UADH and OLA Energy have signed an agreement to establish Eurorepar Car Service workshops at OLA Energy service stations in Côte d’Ivoire and Senegal, with a further expansion envisaged throughout the operator’s pan-African network

The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, according to oil and gas intelligence firm Rystad Energy

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