Chad | Egypt Oil & Gas

PETRONAS Exits from PCCEPI in Chad

PETRONAS (E&P) Overseas Venture Sdn Bhd has signed a Share Sale and Purchase Agreement (SPA) with Savannah Energy Chad Limited to sell its entire shareholding in PETRONAS Carigali Chad Exploration & Production Inc ...

Savannah Energy in Talks to Acquire ExxonMobil’s Chad, Cameroon Assets

Savannah Energy PLC, the African-focused British independent energy company is in advanced exclusive talks with ExxonMobil to acquire its upstream and midstream asset portfolio in Chad and Cameroon.

Nigeria to Import Crude from Niger, Chad

Nigeria is considering importing crude oil from Chad and Niger Republic to supply the Kaduna refinery in attempt to resolve Nigeria's chronic petrol shortage crisis.

Nigeria to Explore Oil in Bauchi, Gombe

The Nigerian National Petroleum Corporation has concluded plans to move heavy equipment to Bauchi and Gombe States preparatory to oil exploration in an effort to move back to the Lake Chad Basin.

Chad Fined Exxon with $74b

The High Court in Chad has fined Exxon Mobile with $74b for allegedly underpaying royalties for 15 years. The two other companies named in the case are Chevron Corp. and Malaysia’s state-owned Petroliam Nasional Bhd.

Nigeria Ponders Crude Import from Chad, Niger

The Nigerian National Petroleum Corporation (NNPC) plans to import crude oil from Chad and Niger to nourish its Kaduna refinery since it has been facing shortages as a result of constant militancy in the Niger Delta.

CNPC Oil Deal Offsets Price Drop in Chad

Chad will receive a larger share of royalties in a new deal with China National Petroleum Corp., helping offset revenue losses from lower oil prices, Petroleum Minister Djerassem Le Bemadjiel said.

Chevron’s Gas Reserves Slip After Chad Asset Sale

Chevron Corp, the second-largest U.S.-based oil producer, said on Friday its oil and natural gas reserves fell 1 percent last year largely due to the sale of its stake in a Chad oil field.

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