Savannah CEO Andrew Knott
Savannah Energy eyes expansion
The Africa-focused independent is looking for additional projects, says CEO Andrew Knott
AIM-listed independent Savannah Energy is the latest firm eyeing upstream expansion opportunities as the oil majors divest African assets. The company is engaged in “exclusive and advanced” negotiations to purchase all of ExxonMobil’s upstream and midstream assets in Chad and Cameroon, CEO Andrew Knott tells Petroleum Economist. The assets include a 40pc operated stake in the Doba oil project and 40pc of the Chad-Cameroon pipeline. Knott says the talks are ongoing, so he was unable to give an update, but the proposed acquisition would initially equate to roughly 35,000bl/d and his firm is seeking to “add value to assets”. Pipeline capacity and total flows are actually higher, at around 129,
Also in this section
27 February 2026
LNG would serve as a backup supply source as domestic gas declines and the country’s energy system comes under stress during periods of low hydropower output and high energy demand
27 February 2026
The assumption that oil markets will re-route and work around sanctions is being tested, and it is the physical infrastructure that is acting as the constraint
27 February 2026
The 25th WPC Energy Congress to take place in tandem as part of a coordinated week of high-level ministerial, institutional and industry engagements
27 February 2026
The deepwater sector must be brave by fast-tracking projects and making progress to seize huge offshore opportunities and not become bogged down by capacity constraints and consolidation
