New Petroleum Producers Survey Policy Options In Wake Of Oil Price Slump

Posted on :Thursday , 9th July 2015

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale gas revolution’ in the United States, as well as renewable energy sources.

Ghana aims to be port of call for west Africa’s offshore oil industry

Posted on :Monday , 6th July 2015

Tullow Enjoys Strong Oil Production in West Africa

Posted on :Monday , 6th July 2015

 Independent producer Tullow Oil reported Wednesday that it had seen strong oil production from its West African operations during the first half as the company took action to "re-set" its business. During the first six months of 2015, Tullow's West Africa working-interest oil production averaged 66,500 barrels per day. The firm said that, as a result of strong performance from i. . .

Golar, Perenco Reach Agreement on Commercial Terms of Cameroon FLNG Project

Posted on :Monday , 6th July 2015

 Golar LNG Limited (Golar) announced Tuesday that, further to the announcement on Dec. 24, 2014 regarding the signing of a Heads of Agreement with Societe Nationale de Hydrocarbures (SNH) and Perenco Cameroon (Perenco) for the development of a floating liquefied natural gas (FLNG) export project in Cameroon, agreement has now been reached with the support of the Boards of both Golar and Pe. . .

17 Companies Shortlisted For Uganda’s First Licensing Round For Petroleum Exploration, Development And Production

Posted on :Thursday , 2nd July 2015

 Following the end of a deadline for the Process of receiving the Request for Qualification ended on 30th June, 2015 the Ministry has said it has registered seventeen valid applicants out of the nineteen applicants that had registered for licenses in six blocks in the Albertine Basin.