The National Hydrocarbons Company of Gabon (SNHG) has launched maintenance campaign on oil Wells in the Mboumba oil field. In view of this transaction, the company has published on August 31, 2021, a notice of expression of interest. This notice of event precedes the opening of a call for tenders for the “rental of a Coiled […]

VAALCO Energy has announced that the Etame co-venturers approved the Bareboat Contract and Operating Agreement with World Carrier Offshore Services Corp and the Agreements are now effective. As previously announced on August 25, 2021, the new Agreements to replace the existing Floating Production, Storage and Offloading unit (“FPSO”) with a Floating Storage and Offloading unit […]

Ivory Coast said it has made massive discovery” of oil and natural gas offshore after deepwater exploration by Italian firm Eni. AFP reports Energy minister Thomas Camara said the find was estimated at between 1.5 and 2 billion barrels of oil and around 1.8-2.4 trillion cubic feet (51 million cubic metres) of gas. The firm […]

BW Energy has now concluded the drilling and the logging of the exploration well, Hibiscus North (DHBNM-1). The well is located in a separate structure, approximately 6 km north-northeast of the Hibiscus discovery in 115 metres of water depth.  The well was drilled to a total depth of 3336 metres. During the drilling operations at Hibiscus North, oil-bearing reservoir was encountered in the Upper Gamba sandstone and in the deeper Dentale formation. Wireline logging operations and fluid samplings showed lower […]

Aminex has declared that the Ruvuma joint venture has received an extension to its licence under the Ruvuma PSA from the Ministry of Energy of Tanzania. The operator, ARA Petroleum Tanzania Limited (“APT”)secured the extension, which is valid for two years from 15 August 2021, and allows for the completion of the following:    – […]

Zenith Energy said that it finalised all the necessary preparations for the commencement of operational activities in the Robbana concession in onshore Tunisia. Workover of Robbana-1 well (“ROB-1”) Having carried out an extensive technical review, the Company’s operational team in Tunisia has made the decision to perform a workover of ROB-1, which is currently producing […]

BW Energy Limited has said that the company has discovered huge oil deposit in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon. The well is located approximately 6 km north-northeast of the Hibiscus discovery well DHIBM-1 in approximately 115 metres of water depth. The well will be drilled to a planned total depth of approximately 3500m. It is […]

Decklar Petroleum and San Leon in an option agreement have announced an update to operations at the Oza-1 well re-entry at the Oza Oil Field in Nigeria, being performed by the Company’s wholly owned Nigeria-based subsidiary, Decklar Petroleum Limited. Progress at Oza-1 in Final Preparation for Well Testing Operations Re-entry operations at the Oza-1 well […]

The Ghana energy minister Matthew Prempeh recently in a 10-page power-point presentation and a rambling thesis on ‘global energy transition’ presented to the country’s parliament seeks for parliamentary approval to borrow  the sum of $1.6bn to buy back stakes in two offshore oil licences not yet in development. The minister expressed his initiative for Ghana […]

Africa commitment to key in with prevailing wave in global energy transition has  being entrenched in Egypt  developmental  economy. The European Bank for Reconstruction and Development (EBRD) is now plan to boost small businesses and green investments in Egypt  with a US$ 50 million loan to ONB ALAHLI,  one of Egypt’s largest commercial banks. The loan, […]