Yinson Production has announced the successful closing of the limited recourse term loan facility of up to USD 1.3 billion for the pre- and post-delivery financing of the Agogo FPSO. The financing is provided by a consortium of 13 lenders, including international banks and institutional investors, and will be utilised over the course of the construction […]

Afentra plc the upstream oil and gas company focused on acquiring production and development assets in Africa, provides the following update regarding the previously announced Angolan acquisition. Government Approval of Azule Acquisition Afentra is pleased to announce that it has received approval from the Government of Angola for the previously announced acquisition of a 12% […]

Further to the announcement of 12 February 2024, Corcel Plc (London AIM: CRCL) provides an update on the testing of the TO-14 well in the onshore Block KON-11, in Angola, where it has a 20% working interest (18% net). The Operator is Sonangol, one of the largest hydrocarbon producers in Angola. Operations Update: Testing of the […]

Yinson Production has appointed TMC Compressors to supply a large marine compressed air system to its Agogo FPSO. TMC will provide a large-capacity marine compressed air system including compressors for control and service air on board the Agogo FPSO. “We are delighted to maintain our position as the global market leader for supply of marine […]

Yinson Production has appointed TMC Compressors to supply a large marine compressed air system to its Agogo FPSO. TMC will provide a large-capacity marine compressed air system including compressors for control and service air on board the Agogo FPSO. “We are delighted to maintain our position as the global market leader for supply of marine […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) have finally disclosed the selected preferred bidders of the country 2023 onshore licensing bid round. The agency in its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola and acting as National […]

Serinus Energy has been chosen as a preferred bidder on the KON-13 block in the onshore Kwanza basin in the Republic of Angola. Formal notification of this preferred bidder status is expected to be received from the Agência Nacional De Petróleo, Gás E Biocombustíveis (“ANPG”) in the coming days. In November 2023, the Company submitted […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, submitted an application for two blocks in Angola’s 2023 onshore bid round and has been informed that it has been selected as preferred bidder for both blocks. infrastructure allowing rapid commercialisation. Afentra have been chosen as a non-operated preferred […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, submitted an application for two blocks in Angola’s 2023 onshore bid round and has been informed that it has been selected as preferred bidder for both blocks. As part of the 2023 Public Tender process launched by ANPG, Afentra […]

PGS has added over 4 200 sq. km of 3D data to its regional MegaSurvey dataset over Block 33 in the deepwater Lower Congo Basin. The additional 4 238 sq. km of 3D data released by PGS in partnership with ANPG covers open acreage that is available for direct award from ANPG through its Permanent […]