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Daily Archives: Jul 7, 2016

Ghanaian Companies Grab $1Billion Worth of Contracts

Available data from Ghana’s Petroleum Commission, the regulatory agency, shows that the oil and gas sector had provided direct high quality jobs for more...

Egypt Shines Through the Dark, Low Price Era

Egypt is the flavour of the month for investment in upstream hydrocarbon development. With less volume of hydrocarbon in place than Nigeria, Angola or Algeria,...

Vallourec Sees South Africa As Regional Hub For Oil and Gas

South Africa, with an infinitesimal amount of oil and gas to its name, is the choice of Vallourec as the hub for the Subsaharan...

Otakikpo Capex Remains Within $82MM

To achieve its target of having  the first cargoes lifted by the third quarter of 2016, Lekoil has refinanced its existing $10Million Notes Issuance...

Seplat Pays Close to $700MM to the Nigerian Government

Seplat has reported it paid a total of six hundred and eighty six million, five hundred and forty thousand and eight hundred and ten...

Seplat Claws Back $150M “Cash Call” From NPDC

Seplat has, in the space of nine months, received about 150Million, amounting to a third of the money owed it by NPDC, its government-owned...

Gaz du Cameroun Pushes Ahead with Drilling Campaign

The Train Rig contracted to drill two wells into the onshore Cameroon’s Logbaba Field, has arrived the port of Douala, the country’s main port....

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