Energy and marine consultancy ABL has launched a new entity in Namibia, expanding its growing operations in-country to support the local oil & gas market, whilst also developing its offering to support Namibia’s energy transition. Namibia is a significant player in African energy, with a focus on traditional oil & gas development, alongside plans to […]
The Ministry of Petroleum and Mineral Resources (MoPMR) has launched a new round of investment opportunities, offering seven undeveloped fields in the Mediterranean Sea and six exploration areas in the Gulf of Suez and the Western Desert. This initiative is part of the ministry’s ongoing strategy to boost crude oil and gas production, leveraging the […]
NNPC Limited has thrown more light in view to clarify the establishment position on recent reports circulating on social media regarding the alleged unilateral termination of the crude oil sales agreement in Naira between NNPC Ltd. and Dangote Refinery. According to NNPC Limited in its recent press release, the contract for the sale of crude […]
The leadership of Heritage Energy & Oil Services Limited and its joint venture partners recently visited the Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, and received assurances of support for their operations on oil mining lease (OML) 30. The meeting held at NCDMB’s Lagos liaison office, and the […]
The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai Field, located in OML 85 in the shallow offshore region of Bayelsa. The well was spudded on November 18, 2024, as part of efforts to […]
The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday achieved a much-needed consensus among critical oil and gas industry stakeholders and manufacturers to ramp up in-country production and utilisation of line pipes in oil and gas operations, as part of the strategy deepen local content, and conserve foreign exchange and create jobs. The Oil […]
Egypt’s latest licensing round and increased production efforts position the country as a key energy player in Africa, with African Energy Week: Invest in African Energies 2025 serving as a pivotal platform for global investors to explore new opportunities Egypt’s energy sector is experiencing a new wave of optimism as the country steps up efforts […]
bp has announced the successful completion of drilling operations at the El Fayoum-5 gas discovery well in the North Alexandria Offshore Concession, marking the final well in its four-slot drilling campaign in the West Nile Delta. Drilled using the Valaris DS-12 rig, El Fayoum-5 was spudded on February 14, 2025, and encountered four prospective Messinian […]
The Nigeria Special Adviser to the President on Energy Olu Arowolo Verheijen has expressed the need for global energy stakeholders to form a holistic synergy towards a sustainable and acceptable path towards global energy future landscape Verheijen made this thought-provoking assertion during her detailed remarks at the final day of the just-concluded International Energy Week […]
Panoro Energy ASA and BW Energy have announced a significant new oil discovery with good reservoir quality at the Bourdon prospect, located on the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per cent participating interest. The well was drilled to a total depth of 4,135 metres with the Borr Norve jack-up […]
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