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/Mon, 27 Mar 2017 19:14:59 GMTLibya's NOC Warns of New Attempt at Independent Oil SalesSun, 26 Mar 2017 00:00:00 GMTLibya's National Oil Corporation (NOC) had identified "illegal" efforts to sell crude oil without its approval and warned potential buyers not to enter into such contracts. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58228&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afBP Makes 3rd Gas Discovery in Egypt's North Damietta ConcessionSun, 26 Mar 2017 00:00:00 GMTBritish Petroleum (BP) has made a gas discovery as part of the North Damietta Offshore Concession in Egypt's Nile Delta, the third such discovery in two years in same block, the company announced. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58217&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afEni Awarded Two New Blocks Offshore Ivory CoastWed, 22 Mar 2017 00:00:00 GMTEni has obtained majority stakes in two new exploration blocks off the shore of the Ivory Coast. The two blocks are located approximately 50 km from the country’s coastline. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58163&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSolo Oil Announces Investment in Helium OneWed, 22 Mar 2017 00:00:00 GMTSolo Oil plc, the natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets has agreed to acquire a 10% interest ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58125&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSinopec Buys First Major Refinery in Africa from ChevronWed, 22 Mar 2017 00:00:00 GMTChina's Sinopec will pay almost $1 billion for a 75 percent stake in Chevron Corp's South African assets and its subsidiary in Botswana to secure its first major refinery in Africa, the companies anno...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58102&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afEgypt Aims to Raise 6b Pounds from Sale of Stakes in State FirmsTue, 21 Mar 2017 00:00:00 GMTEgypt aims to raise 6 billion pounds ($329 million) from the sale of stakes in state companies in the 2017/18 financial year, Finance Minister Amr El Garhy told Reuters, part of government efforts to ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58222&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afRosneft Signs Deal to Supply 10 LNG Cargoes to Egypt in 2017Tue, 21 Mar 2017 00:00:00 GMTA trading unit of top Russian oil producer Rosneft has signed a deal to supply 10 liquefied natural gas (LNG) cargoes to the Egyptian Natural Gas Holding Company this year. The first delivery by Rosne...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58121&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTechnipFMC Awarded an Onshore Contract in GhanaTue, 21 Mar 2017 00:00:00 GMTTechnipFMC has been awarded a contract by ENI Ghana E&P Limited (a subsidiary of ENI, Ghana National Petroleum Company (GNPC) and Vitol), for the onshore part of the Offshore Cape Three Points (OCTP) ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58083&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afAngola Ignores Odebrecht Corruption LinksMon, 20 Mar 2017 00:00:00 GMTAngola's authorities have ignored the admission by a Brazilian firm that it paid $50 million in bribes to secure contracts in the country, activists say, despite demands from watchdogs that it join in...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58171&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afAlgerian State Energy Firm Sonatrach Replaces CEOMon, 20 Mar 2017 00:00:00 GMTAlgerian state energy firm Sonatrach has replaced Chief Executive Amine Mazouzi after less than two years in the job with Abdelmoumen Ould Kadour, the energy ministry said. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58090&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afCommencement of Drilling Operations at South DisouqMon, 20 Mar 2017 00:00:00 GMTSDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce the commencement of drilling operations on the SD-1X well at its South Disouq concession in Nile Delta area of Egy...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58048&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afEgypt Received Two Cargoes of Diesel Fuel from Saudi AramcoSun, 19 Mar 2017 00:00:00 GMTEgyptian Petroleum Minister Tarek El Molla said his country had received two cargoes of diesel fuel from Saudi Arabian state-owned oil company Aramco on Friday and Saturday. Molla was speaking at an e...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58221&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afLibya's NOC Expects to Regain Es Sider, Ras Lanuf Oil PortsSun, 19 Mar 2017 00:00:00 GMTLibya's National Oil Corporation (NOC) has been coordinating with military forces from eastern Libya and has "no reason to believe" it will not regain control of the Es Sider and Ras Lanuf oil ports, ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58032&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTalks with the New Head of the EU Delegation to EgyptFri, 17 Mar 2017 00:00:00 GMTEng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Ambassador Ivan Surkos, the new Head of the EU Delegation to Egypt, where they reviewed mutual cooperation in the energy domai...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58088&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSomali Force & Pirates Aboard Hijacked Vessel Exchange FireFri, 17 Mar 2017 00:00:00 GMTSomali maritime forces have exchanged gunfire with the hijackers of an oil tanker in the semi-autonomous region of Puntland, the head of the maritime force said. The incident raised fears that hostage...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58087&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afTullow Hits Shareholders with Surprise Cash Call to Cut DebtFri, 17 Mar 2017 00:00:00 GMTAfrica-focused Tullow Oil took investors by surprise with plans for a $750 million (605.33 million pounds) rights issue to help it pay down heavy debts amassed during the oil price downturn. Tullow sh...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58084&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afNigerian Court Overturns Seizure of Oilfield from Shell & EniFri, 17 Mar 2017 00:00:00 GMTA Nigerian court on Friday overturned a request by Nigeria's financial crimes agency to seize an oilfield from Royal Dutch Shell and Eni. In January, a court had ordered the seizure of the OPL 245 oil...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58070&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afCNOOC Exercises its Pre-Emption Rights in Respect of Farm Down to TotalFri, 17 Mar 2017 00:00:00 GMTOn 9 January 2017, Tullow Oil plc (Tullow) announced that it had agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58068&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afSinopec Nears Deal to Buy Chevron's South African AssetsFri, 17 Mar 2017 00:00:00 GMTChina's Sinopec is nearing a deal to buy Chevron's South African oil assets for up to $1 billion (807.1 million pounds) to secure its first major refinery on the continent, several people familiar wit...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58057&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_afUnpaid Wages, Sackings Stir New Tension in Nigeria's Oil HubThu, 16 Mar 2017 00:00:00 GMTThe moment a group of Nigerian contractors met executives from Italian oil major ENI to discuss unpaid wages they started shouting, calling them fraudsters and liars until a police commander restored ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=58086&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_af