Libya’s national oil corporation (NOC) has disclosed that Italian energy company Eni and British oil giant BP have resumed exploration in Libya after onshore drilling was halted in 2014, According to the National Oil Corporation (NOC), Repsol, the Spanish oil company, is equally preparing to restart drilling in the Murzuq Basin, while Austria’s OMV plans […]
Sound Energy, the transition energy company, announces that further to the announcement of 14 June 2024 regarding the entry into a conditional binding Sale and Purchase Agreement, (SPA) for the partial divestment by Sound Energy (AIM: SOU), of its Moroccan assets by way of the disposal by the Company of the entire issued share capital […]
Further to the announcement of 14 June 2024 regarding the entry into a conditional binding Sale and Purchase agreement for the partial divestment by Sound Energy of its Moroccan assets (the “SPA”) by way of the disposal by the Company of the entire issued share capital of the Company’s wholly owned subsidiary Sound Energy Morocco […]
Chariot Limited has presented its interim results outlining the workstreams and progress across its business pillars through June and post-period to date. Within each of these verticals, the company is looking to develop domestic energy resources that can provide accessible, sustainable solutions and help alleviate power poverty across the African continent. This is the ethos […]
Italy’s Eni considers Libya a key country for upstream activities and plans to start exploration in the Ghadames basin next year, the energy group’s head of North Africa and Levant said on Monday. “We have never stopped looking at Libya as a crucial region for oil and gas production,” Martina Opizzi said during a panel […]
Chariot Limited, the Africa focused transitional energy group, has announced preliminary results from the Anchois-3 well drilling campaign at the Anchois gas project in the Lixus Offshore licence, offshore Morocco (Energean 45%, Operator, Chariot 30%, ONHYM 25%). The Anchois-3 Main Hole (“Anchois-3ST”), has been safely and efficiently drilled to a total measured depth of 3,045m by the Stena Forth drillship in 349m of […]
Wildcat Petroleum has entered into a Memorandum of Understanding (MOU) with Nile Petroleum Corporation (Nilepet), the National Oil and Gas Corporation of South Sudan, to collaborate together for acquiring the assets held by Petronas Carigali Nile Limited (PCNL), a subsidiary of Petronas Nasional Berhad (PETRONAS), in the Republic of South Sudan. On 7 August 2024, […]
The Ministry of Petroleum and Mineral Resources announced that the Egyptian Natural Gas Holding Company (EGAS) has launched a new international 2024 bid round for the exploration and exploitation of natural gas and crude oil in 12 blocks in the Mediterranean and the Nile Delta. This includes 10 offshore blocks and two onshore blocks, through […]
The Egyptian Government of Prime Minister Mostafa Madbouly has recently uploaded country’s major investment drive to hydrocarbon exploration by approval of temporal five petroleum exploration and production commitment agreements during. The Egyptian President took this bold investment on Tuesday being his inaugural meeting since his assumption to office. These agreements, expected to generate roughly $200m […]
Sound Energy, the transition energy company, has demobilised Star Valley Rig 101 having conducted planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy S.r.l. The works were completed safely with no recordable incidents. […]
