Weekly News Round-Up

A round-up of some of the top industry stories from across Africa this week…

This week, AOW sponsor TGS announced that it has completed its flagship Jaan 3D seismic survey covering the MSGBC Basin in NW Africa. Comprising over 28,000 square kilometres, this vast survey spanned Senegal, The Gambia, AGC and Guinea-Bissau. Read more.

Upstream reported that London-listed Chariot Oil & Gas is opening the door for prospective partners ahead of a possible development at the Anchois gas discovery offshore Morocco. Read more.

In South Africa, the Cabinet approved the merger of the three subsidiaries of the Central Energy Fund (CEF) into one National Petroleum Company. Read coverage from Energy Voice.  

In Nigeria, over 300 companies have applied to be prequalified for the Nigerian Marginal Field Bid Round in the three weeks since the round was launched. Read coverage from Africa Oil + Gas Report.

Toronto listed junior oil and gas company ReconAfrica announced that they’ve been granted a new petroleum license covering the eastern extension of the deep Kavango Basin in north-west Botswana. Read the news release.

Not technically breaking news, but this piece from AOW partner Critical Resource features Gay Huey Evans OBE (Chair of the London Metal Exchange, Non-Executive Director of ConocoPhillips). Gay discusses the threats COVID-19 poses to resource companies, including the heightened risks of financial crime, and what changing investor and consumer demands will mean for the accelerating ESG agenda. Read more.

We want to hear from you! If your company has an #oilgas or #energy story to share, email info.africa@hyve.group!

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