GNPC: Ghana Receives Fair Interest at TEN Field

In light with the commencement of oil production at Ghana's offshore Tweneboa-Enyenra-Ntomme (TEN) field - that was initially discovered in March 2009 - The Ghana National Petroleum Corporation (GNPC) has been having ...

South Africa’s PetroSA Plans to Lay Off 40% of Workers

South Africa's state oil company PetroSA plans to reduce its workforce by up to 40% because of declining revenues and slow progress on its oil refinery project, Business Day newspaper reported on Monday.

Eni and PetroSA sign Memorandum of Understanding for co-operation in South Africa and abroad

Eni signed with South Africa's State-owned oil company PetroSA (Petroleum Oil and Gas Corporation of South Africa) a Memorandum of Understanding establishing mutual co-operation between the companies in the country a ...

PetroSA withdraws from the Egyptian sector

South Africa's PetroSA is selling its stake in the concession area in the Gulf of Suez, as the company decided to withdraw its investments from Egypt, top official told Egypt Oil & Gas.

PetroSA eyes joint venture with Egypt firm

South Africa's PetroSA is seeking a joint venture with an Egyptian company, its chairman said, as it wants to continue working in the country although its own oil exploration efforts in Egypt have not been successful.

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