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Offshore oil block
Oil Field
PSC Extension Secured for Totalenergies’ Angolan Deepwater Block
TotalEnergies and its partners have signed an extension to the production sharing contract (PSC) for Block 17, one of Angola’s most productive offshore oi…
Oil&Gas Drilling
FG Offers 17 New Oil Blocks for Bidding
The Federal Government, on Tuesday, announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria.Recall that some…
Oil Field
Nigeria Billionaire, Alakija's Firm Gets Six Oil Blocks in Sierra Leone
F.A Oil Limited, a company owned by Nigerian billionaire and Africa’s richest woman, Folorunso Alakija, has been awarded exploration rights in six offshor…
Crude Oil
Eni Oil Block Expected to Enter Production in Q2 2023, Ivory Coast Says
An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil …
Oil & Gas Trade
Nigeria Inks Massive Oil Deal With Supermajors
Nigeria’s National Petroleum Corporation this week signed a deal with Shell, Exxon, Total, and Eni to develop an offshore oil block that includes the deepwater…