Addax Petroleum Corp. said Thursday that it has entered into an underwriting agreement and filed and obtained a receipt for a final short form prospectus relating to the distribution of 13,000,000 ...

Sinopec’s Addax Petroleum Development (Nigeria) Limited yesterday handed over its four major oil mining blocks in the country, announcing its departure from the country in the process. This follows ...

The company hopes to be recognised as a local indie working closely with NNPC subsidiary Nigerian Petroleum Development Corporation to exploit marginal prospects. The new venture, which will focus on ...

LONDON, Sept 13 (Reuters) - Addax Petroleum, owned by top Chinese refiner Sinopec , has lost a ruling at an international tribunal as part of a $1 billion legal battle over an oilfield in Gabon, a ...

Addax Petroleum has acquired a 50% interest and operatorship in the Gryphon Marin license area subject to final Government of Gabon approval. Addax Petroleum Corporation has acquired a 50% interest in ...

Nigeria's Department of Petroleum Resources (DPR) has revoked four oil mining licences (OML) belonging to Addax Petroleum because the Chinese-owned player has failed to push ahead with developing ...

LAGOS, Nov 1 (Reuters) - Nigeria's NNPC Ltd said on Tuesday Sinopec's Addax Petroleum Development (Nigeria) Ltd had exited from its four major oil mining blocks in Nigeria and transferred them to the ...

fter fulfilling closing obligations, NNPC Limited (NNPCL) and Addax Petroleum Development (Nigeria) Limited have amicably terminated their 24-Year Production Sharing Contract Relationship. Chief ...

HONG KONG, Feb 13 (Reuters) - Africa and Middle East-focused oil and gas firm Addax Petroleum has attracted buyout interest from major Chinese, Japanese, and Indian energy firms, according to three ...

Sinopec (NYSE:SNP) agrees to buy Swiss explorer Addax Petroleum (OTC:ADXTF) for $7.3B in cash, gaining access to oil reserves in Iraq's Kurdish region and Africa. Recommended For You ...

HOUSTON, July 20-- Addax Petroleum Corp., Calgary, agreed to pay $1.6 billion (Can.) for the two main subsidiaries of Pan-Ocean Energy Corp. Ltd. of St. Helier, Jersey. The units, PanAfrican Energy ...

HOUSTON, Dec. 9 – Addax Petroleum Corp., Calgary, has spud the Oki East exploratory well in Block 4 of the Nigeria-Sao Tome & Principe Joint Development Zone in the Gulf of Guinea. Drilling is ...