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British major BP has been granted a five-year extension of its contract on the Greater Plutonio field (block 18), which had been due to expire in in 2027. [...]
The British oil major is looking to drastically reduce its investment in field development and exploration in Africa. Here are our revelations. [...]
Norway can count on DOF Subsea and Equinor to help the country build and then strengthen its ties with its largest economic partner in Africa, Angola. [...]
NNPC's local content arm is trying to keep the oil sector profitable by imposing severe cuts in international companies' expenditure, to the detriment of their Nigerian partners. [...]
BP's African production from its assets in Angola, Egypt and Algeria, took a 20% cut in 2019 compared to its [...]
Total has no intention of losing its seat as one of the largest oil players on the continent and has been busy working to keep ahead of Chevron in the race for Anadarko's African assets. [...]
After watching ExxonMobil and Total make various upstream and distribution investments in Angola over the past months (AEI 825), American [...]
Norwegian billionaire Kjell Inge Rokke has managed to secure a prime position for his firm Aker Solutions on Africa's oil services market in the space of a few years. [...]
With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners, [...]
Working alongside Sonangol and the Angolan government, majors BP, Chevron, ENI, Total, Statoil and Exxon have 30 days to define the new financial and fiscal strategy for the country's oil sector. [...]
Flying in the face of low crude prices, over the past few months ExxonMobil has been on a spending spree across Africa picking up a string of new acquisitions. New boss Darren Woods' arrival in January doesn't seem to have [. [...]
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