The ASH-4 development well has commenced drilling  and is fully funded from operational cashflow. It is targeting 2.2 mmbbls gross recoverable oil in what has been to date a highly productive area of the licence.

Chariot has signed a Pipeline Tie-In Agreement with the Office National des Hydrocarbures et des Mines (“ONHYM”) securing access to the major Maghreb Europe Gas Pipeline (“GME”) in Morocco. The GME, owned and operated by ONHYM, runs from eastern Morocco through to Tangiers in the north and subsequently across to Spain. This agreement will enable […]

Eni announced that it has agreed to acquire BP business in Algeria, including the two gas-producing concessions “In Amenas” and “In Salah” (45.89% and 33.15% working interest respectively). The “In Amenas” and “In Salah” assets, which are jointly operated with Sonatrach and Equinor, are located in the Southern Sahara and their production of gas and […]

Eni Chief Executive Officer Claudio Descalzi and The President of the Arab Republic of Egypt, Abdel Fattah El-Sisi, have met to discuss issues bothering the production of natural gas, LNG export and other areas in which Egypt has acquired a central role in the Mediterranean since Eni’s discovery of Zohr gas field. The meeting also […]

Sound Energy, the transition energy company,  has provided an update on the Phase 2 development financing of its Tendrara Production Concession, an update on the Company’s exploration and appraisal activities and the launch of a farm-out process for the Tendrara Production Concession and the surrounding Greater Tendrara and Anoual exploration permits. Phase 2 Development Financing […]

The United Oil & Gas an Africa focus exploration and production firm with interest on  Abu Sennan licence (22% working interest) offshore Egypt has announced the First half (1H) 2022 Group working interest production averaged 1,552 boepd (1,290 bopd oil and 262 boepd gas). Second quarter (Q2) 2022 production averaged 1,537 boepd (1,313 bopd oil and 224 […]

The United Oil & Gas an Africa focus exploration and production firm with interest on  Abu Sennan licence (22% working interest) offshore Egypt has announced the First half (1H) 2022 Group working interest production averaged 1,552 boepd (1,290 bopd oil and 262 boepd gas). Second quarter (Q2) 2022 production averaged 1,537 boepd (1,313 bopd oil and 224 […]

Eni and SONATRACH announce today a further discovery in Sif Fatima II concession, located in the Berkine North Basin in the Algerian desert. The Rhourde Oulad Djemaa Ouest-1 (RODW-1) exploration well, in the Sif Fatima II research perimeter, is the third well in the exploration drilling campaign. It led to a discovery of oil and […]

Chariot has announced the results of Independent Assessments on its gas resources offshore Morocco, incorporating the results of the recent successfully drilled Anchois-2 appraisal and exploration well. The Independent Assessments have been made by Netherland Sewell & Associates Inc. (‘NSAI’) on the Anchois Gas Field and further selected exploration prospects in the Lixus Offshore licence and the adjacent Rissana Offshore licence with material resource […]

Eni has signed with SONATRACH, Oxy and TotalEnergies a new PSC for blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern Algeria, an area where Eni has been present since the 80s. The contract, signed under Algeria’s new hydrocarbon law of 2019, will allow the partners […]