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North Africa

United O&G Resumes Oil Production in Abu Sennan License Onshore Egypt

United Oil & Gas through its recent operations update has reviewed that the company has started production on the ASX-1X well in the Abu Sennan licence, onshore Egypt. ASX-1X Well The ASX-1X well which is located 7km to the north of the producing Al Jahraa Field has safely reached a Total Depth of 4,272m, several […]

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Dana Gas’s KRI and Egypt collections almost doubled in 9 months

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company announces that its 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year. Dana Gas, which owns a 35% […]

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Cheiron Petroleum and Cairn Energy acquire Shell Western Desert assets in Egypt

Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, PLC, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC for a base consideration of US$ 646 million and additional payments of up to US$ […]

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Pharos Energy in Farm-Out agreements of Egyptian Assets

Pharos Energy plc, an independent oil and gas exploration and production company has entered into conditional agreements for the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El Fayum and North Beni Suef Concessions to IPR Lake Qarun Petroleum Co. (IPR Lake Qarun), a wholly owned subsidiary of […]

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STENA DRILLING RESUMES CHARIOT MOROCCO DRILLING RIG CONTRACT

Chariot, the Africa focused transitional energy company, has signed a contract with Stena Drilling, one of the world’s foremost independent drilling contractors, to use its Stena Don drilling rig for the planned Anchois gas appraisal well within the Lixus licence, offshore Morocco. The Drilling operations is anticipated to commence in December 2021 and are expected […]

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Petrofac secures Libya EPCC contract

Petrofac has secured a contract valued at over US$100 million with Zallaf Libya Oil & Gas Exploration and Production Company, to deliver their Erawin Field Development Project Phase 1 Early Production Facilities. The Engineering, Procurement, Construction and Commissioning (EPCC) scope of work encompasses surface equipment, including well pads and flowlines at the Erawin oil field, […]

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ZENITH ENERGY SET TO DRILL, MOBILIZES RIG TO ROBBANA CONCESSION ONSHORE TUNISIA

Zenith Energy said that it finalised all the necessary preparations for the commencement of operational activities in the Robbana concession in onshore Tunisia. Workover of Robbana-1 well (“ROB-1”) Having carried out an extensive technical review, the Company’s operational team in Tunisia has made the decision to perform a workover of ROB-1, which is currently producing […]

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Egypt boosts green energy economy via EBRD and QNB ALAHLI partnership financing

Africa commitment to key in with prevailing wave in global energy transition has  being entrenched in Egypt  developmental  economy. The European Bank for Reconstruction and Development (EBRD) is now plan to boost small businesses and green investments in Egypt  with a US$ 50 million loan to ONB ALAHLI,  one of Egypt’s largest commercial banks. The loan, […]

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United Oil & Gas reveals latest well success in Egypt

“We are delighted to be able to announce yet another positive result from the Abu Sennan licence,” said chief executive Brian Larkin. United Oil & Gas (LON: UOG) announced the success of its latest development well, Al Jahraa-8 (AJ-8), at the Abu Sennan concession in Egypt. The well encountered more than 40 metres of net […]

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Zenith Energy extends date for Tunisia Oilfield acquisition from KUFPEC

Zenith Energy, the listed international oil & gas production company focused on pursuing African development opportunities,  has announced that its wholly owned subsidiary Zenith Energy Netherlands B.V.  has signed an extension agreement of the longstop date in respect of the conditional sale and purchase agreement it signed with KUFPEC (Tunisia) Limited, a 100% subsidiary of Kuwait Foreign Petroleum Exploration Company […]

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