Middle East / Africa

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Country summary: Congo (Brazzaville)

energy-pedia opportunities - Congo (Brazzaville):
Current deals: 5
Licensing articles: 7
Completed deals: 11

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Congo (Brazzaville) - recent news

27 Dec 19
Congo (Brazzaville): Zenith Energy acquires interest in AAOG's Tilapia oil field in the Republic of the Congo
Zenith Energy has signed a conditional share purchase agreement with Anglo African Oil & Gas for the acquisition of an 80 percent interest in AAOG's fully owned subsidiary in the Republic of the Congo. AAOG Congo has a 56 percent majority interest in, and is operator of, the Tilapia oilfield in the Republic of the Congo.
15 Dec 19
Congo Brazaville: PGS data supports ongoing Congo Basin licensing
PGS data from the offshore Congo coastal basin supports the Republic of Congo ‘open door’ policy for exploration and production opportunities. The Republic of Congo has started an ongoing promotion of all open blocks, including five blocks in the interior Cuvette basin and ten blocks in the Congo coastal basin.
12 Nov 19
Congo (Brazzaville): Anglo African Oil & Gas signs rig option agreement for Tilapia 103C-ST
Anglo African Oil & Gas has entered into a rig option agreement with Societe de Forage Petroliers for the provision of a rig to carry out drilling operations on well TLP-103C-ST at the Tilapia field in Congo (Brazzaville).
23 Oct 19
Congo (Brazzaville): Anglo African Oil & Gas signs term sheet for Tilapia field offtake and prepayment agreement
Anglo African Oil & Gas has entered into a non-binding indicative term sheet with an international oil marketing and trading company for an agreement which, if it were to complete and on bringing well TLP-103C-ST into production, would provide up to USD25 million in offtake and prepayment financing for development of the Tilapia field.
11 Sep 19
Congo (Brazzaville): Anglo African Oil & Gas commences well re-entry operations on TLP-103CST at the Tilapia field
Anglo African Oil & Gas has announced that well re-entry operations have now commenced at the Tilapia field in Pointe Noire in preparation for drilling the TLP-103C side track, nominated TLP-103CST.

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