The company is offering a price of US$0.728 per Impact share. (Image source: Adobe Stock)
Africa Oil will be acquiring up to 8.0% of the issued shares in Impact OIl & Gas from minority shareholders
Africa Oil to acquire Impact Oil & Gas shares
Exploration
Savannah Energy signs share purchase agreements in Nigeria
The company has published an updated competent persons report (CPR) compiled by CGG Services (UK), covering its assets in Nigeria. (Image source: Adobe Stock)
British independent energy company Savannah Energy has signed separate share purchase agreements (SPA) with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC)
TAG Oil expecting robust production from Badr field onshore Egypt
Preparations to commence fracture stimulation are underway. (Image source: TAG Oil)
Noting a smooth exploration and development process in the Badr Oil Field (BED-1), TAG Oil has announced that it has successfully completed the drilling phase for the BED4-T100 horizontal well in the Abu Roash 'F' limestone formation (ARF)
Agogo FPSO one of the high value contracts to maintain O&G resilience in 2023
The survey reveals that the total disclosed contract value stood at US$187.48bn in 2023. (Image source: GlobalData)
Data and analytics company, GlobalData, has found a significant decline of 22% in disclosed oil and gas contract volume from 7,550 contracts in 2022 to 5,915 in 2023
Liberty Petroleum signs production sharing agreements with Somalia
The East African region has rose to prominence with the abundance of its reserves. (Image source: Adobe Stock)
Liberty Petroleum Corporation has signed three production sharing agreements (PSAs) between the Federal Government of Somalia and Liberty’s affiliated company, Petro Quest Africa Corporation
More Articles …
