Continental Focus, International Reach

ENI Approves Investment in Coral Development

ENI authorized the investment for the first phase of development for one of its projects off the coast of Mozambique. The company’s board of directors approved the funding for the development of the Coral discovery on Mozambique’s Offshore Area 4. The project involves the construction of six subsea wells connected to a FLNG vessel. The […]

November 21, 2016 Read More

First Lifting for Panoro on Aje Field

Panoro Energy reported that it saw its first lifting and sale of crude during Q3 from Nigeria’s Aje field. The company also said that the remediation work on the Aje-5 well on Nigeria’s Aje field will commence in December. The field’s production guidance remains unchanged at a range of 7,000 to 9,000 bpd, pending the […]

November 20, 2016 Read More

UK Supports Growth and Development of East African O&G Sector

Release Speech by British High Commissioner, Nic Hailey, at 4th East Africa oil and gas summit The discovery of oil and gas can be a defining moment for nations. Managed well, it can have a transformative impact; boosting economies and fuelling inclusive growth across the board. But without the right systems in place, a sudden […]

November 20, 2016 Read More