With a wobbling Gross Domestic Product of $1.8 trillion, countries in Sub-Saharan Africa are on the cusp of economic transformation, with the imminent coming on-stream of the $12 billion Dangote refinery and petrochemicals complex. The region is expected to be the direct beneficiaries of the
Anglo African Oil & Gas PLC told investors it will go ahead with talks to secure new funds from current co-investor Riverfort Global Capital. In a statement, AAOG said that its board unanimously chose Riverfort following a competitive process in which three potential investors provided their best
French energy major Total has agreed to sell a pool of North Sea oil assets — acquired as part of its 2017 deal for Maersk Oil — for $635m, the company announced on Wednesday. The assets in the Eastern North Sea, off the coast of
The continents premier platform for energy investment and policy, Africa Oil & Power (AOP) conference and exhibition will take place from 9 – 11 October at CTICC 1 in Cape Town. AOP’s theme #MakeEnergyWork will showcase the energy sector as a key driver of economic
Big Data in Oil and Gas industry report studies the worldwide market size of Big Data in Oil and Gas in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East, focuses on the consumption of Big Data in Oil
Azinam Limited, the Seacrest Capital-backed oil & gas exploration company, has entered in an agreement under which Africa Oil will acquire a 20% participating interest in Block 3B/4B Orange Basin, offshore South Africa. Azinam said on Wednesday that the acquisition is subject to customary regulatory
Nigeria today accounts for $48.04 billion (over 24.8%) out of about $194 billion surge in the Capital Expenditure coming into upcoming oil and gas development on the African continent from 2018 to 2025, Group Managing Director of Nigeria National Petroleum Corporation (NNPC) Dr. Maikanti Baru,
The Executive General Manager, Egina Close Out/Preowei Project, Total E&P Limited, Engr. Kayode Akioye, on Monday accused insurance firms in the country of not doing enough to grow the oil and gas sector. He urged the players in the sector to contribute their quota to
Kenya has signed a Head of Terms agreement with joint venture partners, Africa Oil, Tullow Oil plc and TOTAL S.A for the first ever development of an oil processing facility and a crude oil export pipeline. The agreement signed by the Ministry of Petroleum and
The Dangote Oil Refining Company, United States Trade and Development Agency (USTDA) and UOP, a division of Honeywell International, Inc., have commenced a training programme for the development of critical human talents necessary to operate and maintain a petroleum refinery of the magnitude of Dangote