Minister of Petroleum and Mineral Resources Karim Badawi received Francesco Gaspari, President of ENI’s subsidiary in Egypt, in the presence of Moataz Atef, Undersecretary of the Minister’s Office, Technical Office and Spokesperson, and Mahmoud Abou El-Yazid, Vice President of the company in Egypt, where they discussed the company’s activities in its concession areas in Egypt, […]

Repsol has started exploration operations in the Murzuq Basin, after a long period of pause of activity in northern African regions for more than ten years since 2014. On 31 December 2024, the company started drilling operations in the exploratory well (A1=2/130) (Muammal Nesr). The formation of the Momaniyyat will also be tested in it, […]

Tullow has noted that the International Chamber of Commerce (ICC) has delivered the Tribunal’s award with regard to the application of Branch Profit Remittance tax (BPRT) to its operations under the Deepwater Tano and West Cape Three Points Petroleum Agreements, offshore Ghana, which include the Jubilee and TEN fields. The Tribunal determined that BPRT is […]

Côte d’Ivoire has joined the European Bank for Reconstruction and Development (EBRD), becoming its 76th shareholder. In August 2023 Côte d’Ivoire submitted a request to join the EBRD, and the Board of Governors approved its membership in October of that year. At the Bank’s 2023 Annual Meeting in Samarkand, the Board of Governors approved an amendment to […]

bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project to its floating production storage and offloading (FPSO) vessel for the next commissioning stage.    GTA, offshore Mauritania and Senegal, is one of the deepest offshore developments in Africa, with gas resources in water depths of up to 2,850 […]

Sintana Energy has announced that the PEL 83 Joint Venture partners have successfully drilled and logged the Mopane-2A well (Well #4) on PEL 83 which was spud on December 2nd. This is a follow-up to further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin. Mopane-2A successfully encountered hydrocarbons […]

The National Agency for Oil, Gas and Biofuels and Azule Energy signed the Risk Service Contracts (RSCs) for offshore Blocks 46 and 47 in partnership with Equinor and Sonangol and for Block 18/15 in partnership with Sonangol P&P. The RSCs, resulting from direct negotiations, represent another positive development for exploration activities in Angola’s Lower Congo […]

With plans currently underway to restart construction of the delayed $20 billion Mozambique LNG project, which has the potential to produce 13.1 million tons of LNG for domestic use per year, there has never been a more important time to prioritize peace and stability in Mozambique. Following the outcome of the country’s 2024 general election, […]

Eni has successfully resumed production of Phase 2 from the Baleine field, marking a crucial step in the development of the Côte d’Ivoire’s offshore. This came after the country celebrated production start-up from the Baleine field which is situated off the eastern coast of Côte d’Ivoire. Eni and its partner Petroci initiated production from Baleine […]

Cabinda Gulf Oil Company Limited (CABGOC), Chevron’s Angola subsidiary and Block 0 partners, have successfully achieved the first gas on the Sanha Lean Gas Connection (SLGC) project. CABGOC operations export 300 Million Standard Cubic Feet (MMSCF) daily to ALNG through the Congo River Crossing Pipeline (CRX). The first stage of SLGC will deliver an additional […]