Africa

Business

Nigeria Incorporates State Oil Firm NNPC with $485 Million Capitalization

Nigeria's president said NNPC had reached “a significant milestone” after receiving the certificate of incorporation at his office, adding that the firm would have to compete with global peers.

October 8, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Oct. 1, 2021)

Two Bone Spring wells completed by Devon Energy in a new field in the Permian Basin in New Mexico’s Lea County plus Southwestern Energy Marcellus Shale wells and a gas discovery reported in Jordan top this week’s oil and gas drilling activity highlights from around the world.

October 1, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 24, 2021)

Spraberry Field producers in the Midland Basin announced by Headington Energy plus Chesapeake Marcellus Shale completions in Pennsylvania’s Wyoming County and another Exxon Mobil Guyana discovery top this week’s oil and gas drilling activity highlights from around the world.

September 24, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (Sept. 2, 2021)

Spraberry Field-Wolfcamp A discoveries by Pioneer Natural Resources in the Permian Basin plus Marcellus and Utica well completions in Pennsylvania’s Greene and Washington counties top this week’s oil and gas drilling activity highlights from around the world.

September 2, 2021

Discoveries

Eni Makes Giant Oil Discovery Offshore Ivory Coast

Eni is one of Africa’s biggest foreign oil and gas producers with prize assets in Libya, Nigeria and Angola. It is developing two bumper gas discoveries in Mozambique and Egypt.

September 1, 2021

Highlights , Shale Plays

Best of This Week’s Drilling Activity Highlights (July 30, 2021)

A new Walker Ridge discovery in the U.S. Gulf by Chevron plus two more Wolfcamp Shale producers from CrownQuest’s Avogadro prospect in the Permian Basin top this week’s oil and gas drilling activity highlights from around the world.

July 30, 2021

Field Development

Eyeing Energy Transition, Ghana Plans to Speed Up Oil Exploration

State-owned Ghana National Petroleum Corp. (GNPC) is looking to acquire oil assets in order to accelerate exploration before a transition from fossil fuels reshapes the market, Finance Minister Ken Ofori-Atta said on July 29.

July 30, 2021

Deepwater , Completions

Wireline-deployed Milling Services Enlarge a Tubing Hanger in Deepwater Congo

A case study details how a company enlarged a hardened tubing hanger while also preserving its mechanical integrity. 

July 29, 2021

Exploration & Production , Legislation , International

Nigeria Revamps Oil Sector Law in Pursuit of Dwindling Investment

The overhaul, in the works for 20 years, is the first sweeping update to the laws that govern everything from oil drilling to fuel sales in Nigeria—Africa's largest oil exporter in decades.

July 16, 2021

Field Development , Subsea

Tullow Awards TechnipFMC Work Offshore Ghana

TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract on July 6 for the Jubilee South East development, located offshore Ghana.

July 7, 2021