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 […]

Trident Energy has disclosed that it has signed an agreement with Chevron Corporation (NYSE: CVX) to acquire the entire issued share capital of Chevron Overseas (Congo) Limited which holds a 31.5% non-operated working interest in the Moho-Bilondo, Nkossa, Nsoko II fields and a 15.75% operated interest in the Lianzi field. In addition, Trident Energy has […]

TotalEnergies announced that its 85%-owned affiliate, TotalEnergies EP Congo, has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses. Moho is a deep-offshore field located 80 […]

East African Crude Oil Pipeline (EACOP) Ltd. has signed a MoU with Ministry of Water and Environment (MWE) to cooperate on various conservation initiatives in the 10 Districts traversed by the Pipeline. As part of this cooperation, EACOP is also joining the Running Out of Trees (ROOTS) campaign. In joining this campaign, EACOP will work […]

Tullow Oil has made a recent provisional update on its operations in Kenya oilfield development project incorporating Blocks 10BB and 13T. Before the exit and divestment of interest, Africa Oil and its JV Partners ( Tullow Oil and Total Energies) have completed the redesign of the Project Oil Kenya to ensure it is technically, commercially and environmentally robust. […]

EACOP has again  reached another key milestone on the construction stage of the East African Crude Oil Pipeline Project (EACOP Project) this is following the flagged off of Thermal Insulation Plant (TIS Plant) constructed and operated by one of EACOP Ltd Level One Contractors, WASCO ISOAF on 26th March 2024 which is a joint venture […]

Following the two gas discoveries from the Upper and Lower Angwa reservoirs in the recently completed Mukuyu-2 / ST1 drilling campaign and the compositional analysis from fast-tracked downhole reservoir fluid samples (refer ASX announcement 04 March 2024), the analysis of additional downhole fluid samples has confirmed a rich gas-condensate discovery in Mukuyu and presence of […]

Big strides towards boosting local participation in Uganda’s Oil and Gas Sector have been achieved. The Petroleum Authority of Uganda PAU made this disclosure recently in its X handle formerly twitter.  PAU has stated that since 2021, the Nation’s oil company has given a green light to contracts with total valued of about USD 7.16 […]

Invictus Energy has provided an update on its 80% owned and operated Cabora Bassa project in Zimbabwe. Managing Director, Mr Scott Macmillan, commented:“We’d like to thank our shareholders that participated in the rights issue which has now been concluded and provided the Company with additional capital to advance our appraisal activity.  “The Invictus Board has […]

On 1st March 2024, the French daily newspaper Le Monde published an article on the Mozambique LNG project. The questions posed by the journalists were answered in detail. However, given the limited use of our responses in the article and in the interest of transparency, the Company has decided to publish its exhaustive answers. On February 7th in London, during the […]