Chad | Egypt Oil & Gas

PETRONAS Exits from PCCEPI in Chad

PETRONAS (E&P) Overseas Venture Sdn Bhd announced that it has signed a share sale and purchase agreement (SPA) with Savannah Energy Chad Limited for the sale of its entire shareholding in PETRONAS Carigali Chad Ex...

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, according to a pr...

Nigeria to Import Crude from Niger, Chad

Nigerian petroleum officials are considering importing crude oil from Chad and Niger Republic to supply the Kaduna refinery in attempt to resolve Nigeria’s chronic petrol shortage crisis, informed Nigerian Watch...

Nigeria to Explore Oil in Bauchi, Gombe

The Nigerian National Petroleum Corporation’s (NNPC) Managing Director,  Maikanti Baru, stated that the company has concluded plans to move heavy equipment to Bauchi and Gombe States in preparation to explore for oil ...

Chad Fined Exxon with $74b

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

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. Lawmakers in the ce...

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. The company had proved reser...

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