The Ministry of Petroleum and Energy, The Gambia, has announced that it will be launching a mini-licensing round for Block A1 at Africa Oil Week on 8 November 2021. This follows the success of the licensing round for drill sites in 2018. Granted initially to BP in 2019, Block A1 became available in August this […]

Pharos Energyan independent oil and gas exploration and production companyhas announced that the Egyptian Cabinet approval of the Third Amendment of its El Fayum Concession Agreement. The approved terms, already announced on 30 March 2021, include both an increase of the cost recovery petroleum percentage and an extension of the exploration term of three and […]

INPEX has sold all its shares in Teikoku Oil (D.R. Congo) Co., Ltd., a subsidiary, to Perenco Energies International Limited, thereby divesting all its interests in the Offshore D. R. Congo Block. Through Teikoku Oil (D.R. Congo) Co., Ltd., INPEX had previously held a 32.28-percent participating interest in the Block where it had been engaged […]

The Traditional Authorities of Kavango East and Kavango West have confirmed their support for the oil-and-gas exploration program in Namibia by Reconnaissance Energy Africa Ltd.At a meeting last week in Namibia, the leaders of the five key Traditional Authorities of Kavango East and Kavango West expressed confidence that ReconAfrica’s ongoing exploration program, which has to […]

VAALCO Energy has  announced  completion of  the two previously-announced workovers at the Etame field offshore Gabon and added a total of approximately 1,050 gross barrels of crude oil per day (“BOPD”), (540 net BOPD to VAALCO). The company is Utilized VAALCO’s mobile hydraulic workover unit, which was purchased in early 2021, to rapidly mobilize and […]

Lamprell has disclosed that its oil & gas business unit has been awarded a major rigconversion contract from BW Energy (BWE). This medium-sized* project will commence immediately and is scheduled for completion in2022. The scope of work involves the conversion of BWE’s Hibiscus Alpha jack-up rig into anoffshore production facility. Commenting on the award, Chief […]

Zenith Energy has announced that the workover of the Robbana–1 well, located within the Robbanaconcession in Tunisia has been successfully completed.  This is sequel to the announcement made on October 12, 2021, prior to the commencement ofworkover operations by Zenith. ROB-1 had not undergone any form of work since 2012, at which time an unsuccessful well intervention had […]

Longboat Energy, the emerging full-cycle North Sea E&P company with a portfolio of significant, near term, low-risk exploration assets, has disclosed the company’s optimism in discovering oil at the Egyptian Vulture exploration well PL939 (Company 15%), the second well in its fully-funded, seven well exploration programme. The exploration well 6407/1-9 in the Norwegian Sea encountered […]

BW Energy is at the concluding phase of achieving a revised development plan for the Kudu gas field offshore Namibia. The new development plan for the gas-to-power project will use a repurposed semisubmersible drilling rig as a Floating Production Unit. The Company has signed an agreement to acquire the semisubmersible drilling rig, from Aquadrill LLC for a total consideration of USD 14 million. Repurposing will enable an optimisation of the project timeline and significantly reduce capital investments compared to previous development concepts. “The revised development concept offers tangible financial, schedule and environmental benefits. The re-use of existing facilities also supports a substantial reduction in field development related greenhouse gas emissions compared to a new-build . “We have consequently decided to take advantage […]

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 […]