Sudan: Govt dissolves state-owned oil corporation

Sudan: Govt dissolves state-owned oil corporation

Sudan’s Prime Minister Mohamed Tahir Ayala dissolved the state-owned Sudanese Petroleum Corporation and dismissed its secretary general, Azhari Ibrahim Bassbar, state news agency SUNA said on Wednesday. Advertisements

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Gabon: Country’s oil licensing round in limbo

Gabon: Country’s oil licensing round in limbo

Bidders are awaiting clarification on implementation of a new hydrocarbons code. Gabon has postponed the closing date for its current offshore licensing round twice since its launch, as uncertainty surrounds the introduction of a proposed new hydrocarbons code-and the health of the country’s president, who has been recuperating abroad from a stroke.

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Nigeria: “Over 41bn barrels crude, 319tcf gas untapped” – NNPC boss

Nigeria: “Over 41bn barrels crude, 319tcf gas untapped” – NNPC boss

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and 319trillion cubic feet of gas are yet to be discovered in Sub-Saharan Africa.

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