Panoro Energy has announced that the C-45 infill well has successfully been put onstream by the Block G operator, Trident Energy, at an initial gross rate over 5,000 bopd on a restricted choke, in line with expectations. The well is the first of two planned infill wells at the producing Ceiba Field and Okume Complex […]

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has renewed Petroleum Mining Lease 52 (PML 52), containing the Agbami field, for a period of 20 years effective from November 24, 2024. The disclosure was made by Africa Oil as following its recent press release. The Nigerian Upstream Petroleum Regulatory Commission has also given clearance for the amalgamation […]

CNOOC Petroleum Brasil Ltda, has entered into 4 Concession Contracts for exploration blocks offshore Brazil with the Brazilian National Agency for Petroleum and the partners in the Pelotas Basin. The contracts were signed for a total of 4 blocks, S-M-1813 in the Santos Basin, P-M-1737/39/97 in the Pelotas Basin, acquired from the 4th Permanent Concession Offer […]

The latest volume, covering 2023, illustrates the evolution of the energy sector and provides an increasingly integrated perspective on this complex industry.  Eni has published the 23rd edition of the World Energy Review 2024 (WER), its global energy statistical review. This year’s edition covers not only macro trends (oil, gas, renewables and critical minerals) but […]

A global quest for cleaner energy source has recently gained major momentum amid fizzling out of fossil fuel pursuit in the global energy space and massive development of modern innovative renewable technologies across the globe in course of cushioning greenhouse emission. Despite this global renewable energy pursuit, the demand for LNG as alternative for of […]

Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR, announce the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (“PEL 73”), onshore northeast Namibia.  The Company spud the Naingopo exploration well in the Damara Fold Belt onshore PEL 73 in northeast Namibia on July 7, 2024. The well will be drilled […]

…. As Noble Venturer Drillship Arrives Oslo, 3 July 2024 – Panoro Energy ASA (“Panoro” or the “Company”) notes the announcement by Trident Energy, the operator of Block G offshore Equatorial Guinea, confirming the arrival of the Noble Venturer drill ship at Luba port, Bioko Island. The drilling campaign, which is expected to recommence shortly, will […]

TGS, a global leader in energy data and intelligence, has signed an agreement with Tanzania’s Petroleum Upstream Regulatory Authority (PURA) to manage and license the country’s extensive offshore subsurface data. This collection includes 2D and 3D seismic data covering an area of over 132,000 square kilometers. Tanzania boasts strong play diversity, proven through exploration success […]

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 […]