Shell has initiated a process to divest all of its operated joint venture licences held by the Shell Petroleum Development Company (SPDC) in Nigeria, including a 30% interest in 19 oil mining leases (OMLs)
Industry
Tower Resources to farm out Thali Block stakes in Cameroon
Tower Resources has executed a binding heads of agreement (HoA) in respect of a farm-out to Beluga Energy of a 49% non-operating working interest in its Thali Production Sharing Contract (PSC) in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon S.A (TRCSA)
T.D. Williamson completes first pipeline inspection in Kenya
T.D. Williamson (TDW), the global pipeline solutions provider, has announced the completion of its first in-line inspection (ILI) in Kenya using TDW multiple dataset (MDS) technology
Sonangol extends deadline for bidders in farm-out drive
Angola’s state oil and gas company Sonangol has announced the extension of deadline for farm down bid process to 20 August 2021
Uganda’s oil and gas a key focus at African Energy Week
Uganda’s sizeable reserves, enabling regulation and proactive national oil company is positioning the country as a regional hydrocarbon leader, and African Energy Week in Cape Town is set to promote it from 9-12 November 2021