Gulfoilandgas.com Africa Newshttp://www.gulfoilandgas.com/Gulfoilandgas.com Africa NewsCopyright 2017. All rights reserved.en-us60http://www.gulfoilandgas.com/webpro1/frame/GulfOil.gifgulfoilandgas.comhttp://www.gulfoilandgas.com/Wed, 18 Oct 2017 11:11:33 GMTAlgeria Sees Energy Law Amendment by End of 2018Mon, 16 Oct 2017 00:00:00 GMTAlgeria aims to amend its energy law in 2018 as it plans to improve contract terms to attract needed foreign investment, authorities said on Monday, giving the first timeline for a much-anticipated mo...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62303&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afOcean Rig Signs Contract with Statoil to Drill in TanzaniaFri, 13 Oct 2017 00:00:00 GMTOcean Rig UDW Inc. ("Ocean Rig" or "UDW"), an international contractor of offshore deepwater drilling services, has signed a new drilling contract with Statoil, for a one-well drilling program offshor...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62251&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afPIC Interested in Chevron’s South African AssetsThu, 12 Oct 2017 00:00:00 GMTAfrica’s biggest fund manager is interested in taking part in the acquisition by Glencore Plc and a group of black South African-owned companies of Chevron Corp.’s assets in the country, according to ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62282&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afJacobs Matasis JV Wins Project Management Services ContractThu, 12 Oct 2017 00:00:00 GMTJacobs Engineering Group Inc., through its South African joint venture Jacobs Matasis (Proprietary) Limited, was awarded a two-year agreement with Sasol Group Technology for project management service...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62260&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTullow Awarded Four Licences in Côte d’IvoireThu, 12 Oct 2017 00:00:00 GMTTullow Oil plc (Tullow) has acquired 90% stakes in four onshore blocks in Côte d’Ivoire. Petroci, the national oil company of Côte d’Ivoire, holds the remaining 10%. The four blocks - CI 518, CI519, C...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62202&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSDX Found Gas Discovery at KSR-14 Development WellWed, 11 Oct 2017 00:00:00 GMTSDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-14 development well on the Sebou permit in Morocco (SDX 75% Working ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62183&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSpeedcast Wins Managed Services Contract in Equatorial GuineaTue, 10 Oct 2017 00:00:00 GMTSpeedcast International Limited, the world’s most trusted provider of highly reliable, fully managed, remote communication and IT solutions, has been selected to provide Middle Earth Orbit (MEO) Ka-ba...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62226&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTower Resources Plans to Drill Thali Block in 2018Tue, 10 Oct 2017 00:00:00 GMTTower Resources plc (Tower), the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on the status of the Thali block in Cameroon. <br><br> Following a Technical ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62144&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afONGC Videsh Expects $400m Debt Repayment from SudanMon, 09 Oct 2017 00:00:00 GMTONGC Videsh expects Sudan to clear about $400 million owed to the state-run energy company after the lifting of the U.S. sanctions, its managing director N.K. Verma said. The past dues were relating t...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62280&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSixteen Killed In Attacks on Remote Mozambique PortMon, 09 Oct 2017 00:00:00 GMTGun battles last week between police and attackers in a remote northern Mozambican port killed 16 people, including two police officers, local media reported. The attacks in the Indian Ocean port of M...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62224&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afNNPC Denies Minister's Allegation of Poor TransparencyMon, 09 Oct 2017 00:00:00 GMTNigeria’s state oil company said allegations by the oil minister that the conduct of its group managing director lacked transparency were baseless, as a public rift between the firm and the ministry w...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62201&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afRosneft Closes the Deal to Acquire a 30% Stake in Zohr Gas FieldMon, 09 Oct 2017 00:00:00 GMTRosneft closed the deal to acquire a 30% stake in the concessions agreement for the development of Zohr field, the largest gas field in the Mediterranean Sea, from Italian company Eni S.p.A. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62131&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSonangol to Slash Oil Production Costs with Board RevampMon, 09 Oct 2017 00:00:00 GMTAngola’s state oil company Sonangol is aiming to slash breakeven costs on new oil production to as low as $20-$30 per barrel and make its contracts more attractive to investors and oil and gas compani...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62127&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTotal to Study Deep & Ultra Deep Areas in Guinea ConakryMon, 09 Oct 2017 00:00:00 GMTTotal and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry, covering approx...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62107&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afDeveloping Countries Oil Supply - September 2017Mon, 09 Oct 2017 00:00:00 GMTThe total oil production of developing countries (DCs) is estimated to grow by 0.09 mb/d y-o-y to average 12 mb/d in 2017, revised down by 0.02 mb/d in September compared with the previous assessment,...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62088&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTlou Energy Commences Seismic Survey at Lesedi ProjectMon, 09 Oct 2017 00:00:00 GMTTlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane (CBM), is pleased to announce that work has ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62086&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSix Die in Accra Fuel Distribution ExplosionSun, 08 Oct 2017 00:00:00 GMTAt least six people were killed and 35 injured, mostly suffering burns, after an explosion at a fuel distribution site in Ghana’s capital, fire service spokesman Billy Anaglate said. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62140&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTanzanian President Splits Energy and Mining in Ministry Shake-UpSat, 07 Oct 2017 00:00:00 GMTTanzanian president John Magufuli split the energy and minerals ministry in two and appointed heads for the new ministries, five months after sacking the previous minister. Two presidential committees...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62150&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTotal to Map Guinea Oil Blocks with Option to Acquire ThreeFri, 06 Oct 2017 00:00:00 GMTFrench oil giant Total signed an agreement with Guinea’s national oil company ONAP to carry out seismic mapping of deep and ultra deep offshore blocks with an option to acquire three of them, a statem...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62076&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afEni Bets Big on Zohr Explorer Finding New TreasureFri, 06 Oct 2017 00:00:00 GMTItalian oil major Eni is betting billions on Luca Bertelli being able to achieve something he’s been doing since he was nine years old: spotting things others overlook. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=62074&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_af