The Dussafu Marin license offshore Gabon has added a major breakthrough in course of exploration activities in this prolific oilfield. As part of the Tortue Phase 2 field development, hook-up of the final two production wells DTM-6H and DTM-7H has been completed and handover to production operations made according to BW Energy. The Company has in its recent operations […]

Invictus Energy has provided an update on the activities of its 80% owned and operated CaboraBassa Project in Zimbabwe. Seismic Campaign Update The CaboraBassa 2021 seismic survey (“CB21 Survey”) has completed 467km of data acquisition and remediation of the completed lines has commenced. The HSE performance throughout the program has been exceptional, and the project […]

The Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licences in Guinea-Bissau have been extended for 3 years and are valid until 2 October 2023 during which time there is an obligation on the Joint Venture to drill a exploration well. FAR is working with the operator, PetroNor, to finalise the 2022 work program […]

On 19 January 2021 the FAR group executed a Sale and Purchase Agreement with Woodside in relation to FAR’s Senegal RSSD asset. Formal completion of the sale took place on 6 July in Senegal and monies were received by FAR in Australia on 7 July. As consideration for the sale Woodside has paid FAR US$45 […]

Operational and logistics planning for the drilling of the Bambo-1 well in offshore Block A2 are well advanced and the IceMax drillship is scheduled to be in Las Palmas in late October to complete preparations and loading before mobilising to The Gambia. FAR has been advised that the spud date for the Bambo-1 well is […]

Kosmos Energy has announced that it has acquired an additional 18.0% interest in the Jubilee field and an additional 11.0% interest in the TEN fields in Ghana from Occidental Petroleum (“OXY”) for a purchase price of $550 million with an effective date of April 1, 2021. Consideration due to OXY at completion was approximately $460 million after taking into account closing adjustments. […]

TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022.  The work on Ondjaba-1 commenced in October 2021, after which […]

Papua New Guinea Prime Minister James Marape has told Santos Ltd the country wants an extra stake in the $19 billion dollar PNG LNG project if Santos’ proposed takeover of Oil Search goes ahead, the Australian newspaper reported on Friday. Marape met with Santos CEO Kevin Gallagher and Oil Search CEO Peter Fredericson in Port Moresby […]

Invictus Energy has  provided an update on the activities of its 80% owned and operated CaboraBassa Project in Zimbabwe. Seismic Campaign Update The CaboraBassa 2021 seismic survey (“CB21 Survey”) campaign is progressing well with 220km of data recording and 240km of layout completed to date. The data quality and density being acquired from the CB21 […]

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company announces that its 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year. Dana Gas, which owns a 35% […]