As part of its growth strategy, Etu Energias, SA has concluded its agreement with GALP for the indirect acquisition of a 5% stake in Block 32 and 9% in Block 14, 4.5% in Block 14K in offshore Angola.The conclusion of this deal represents the materialization of the purchase and sale agreement between the subsidiaries of […]

IPR has announced the discovery of exploration well West AY-1X and the successful testing and production from a new formation (Kharita) in Alamein-44, adding an incremental 2,850 BOPD to the Yidma-Alamein Western Desert Development Lease. West AY-1X was drilled to a depth of 13,166 ft, utilizing a 1500 HP drilling rig. This deep multi-target exploration […]

Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project. The Sangomar Field Development Phase 1 is a deepwater project including a stand-alone floating production storage and offloading (FPSO) facility with a nameplate capacity of 100,000 barrels/day, and subsea infrastructure that is designed […]

State-run China National Offshore Oil Co said  that it had signed oil exploration and production concession contracts with Mozambique’s energy ministry and national energy company ENH.The contract is for five offshore blocks in waters off the African nation and covers a total area of about 29,000 sq km (11,200 sq miles) with water depths from […]

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards bolstering upstream operations. The agreement was signed at the NNPC Ltd.’s Corporate Headquarters in Abuja on Thursday, with senior […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is bringing to the public notice the NUPRC hosting of Nigeria 2024 Licensing Round Pre-Bid Conference. This is seen as a follow up to the commission’s recently organized successful Miami International Roadshow for the 2024 licensing round which was done in partnership with the Petroleum Technology Association of Nigeria […]

Perenco subsidiary MIOC undertakes active drilling campaign offshore DRC First exploration success offshore DRC for three decades Muanda International Oil Company (MIOC), Perenco’s offshore DRC subsidiary, announces that it has drilled two exploration wells to date in 2024, making the first exploration discovery offshore DRC in almost thirty years. Using the Dixstone owned “Nuada” Self-Elevated […]

Exxon Mobil Corp. and Shell Plc are among energy giants evaluating bids for a stake in Galp Energia SGPS SA’s major oil field offshore Namibia, according to people familiar with the matter. TotalEnergies SE and Equinor ASA are also among those considering acquiring the 40% stake Galp is seeking to sell in the MOPANE discovery, said the […]

PGS, a leading provider of seismic and reservoir data for energy exploration and development, has data over 10 offshore blocks on offer in the Nigeria 2024 Bid Round announced this week. May 2, 2024 On Monday 29 April 2024, the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) announced the opening of the Nigeria 2024 Bid Round. […]

 Chariot Limited the Africa focused transitional energy group,  has announced the of commenced of drilling operations at the Loukos Onshore licence onshore Morocco (Chariot, Operator 75%, ONHYM, 25%) with the spud of the RZK-1 well on the Gaufrette prospect. • Gaufrette Main target has Best Estimate recoverable prospective resources of 10 Bcf • Option to […]