VAALCO Energy Inc. has provided an update on the Etame field reconfiguration in conjunction with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage and Offloading vessel (FSO) offshore Gabon. VAALCO anticipates that all of the associated engineering, long-lead equipment and significant contracts are proceeding in-line with the […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced that it has provided a further loan of US$2.0 million to Energy Link Infrastructure (Malta) Limited (ELI), the company which owns the Alternative Crude Oil Evacuation System (ACOES) project. As previously announced, the ACOES is being constructed to […]

The Nigerian Content Development and Monitoring Board (NCDMB) have secured approval to launch a US$50 million fund for NOGAPS Manufacturing Product Line. This fund would be dedicated to companies that would operate in the Nigerian Oil and Gas Parks and engage in the manufacturing of equipment components used in the oil and gas industry and […]

The Ministry of Petroleum and Energy has announced the launch of the 2022 Licensing Round for Block A1.Prospective bidders are invited to download the Request for Proposal (RFP) which has been published on the Ministry’s website.https://www.mope.gm/downloads. This is set out in Annex 2 of the RFP and published on the Ministry’s website to GambiaLR@aglaw.com, and the Director […]

VAALCO Energy has announced the successful completion of the Etame 8H-ST development well that was drilled from the Etame platform in the Etame field, offshore Gabon. This sidetrack well targeted existing Gamba hydrocarbons in the field that have not previously been produced by prior wells and is the first well of VAALCO’s 2021/2022 drilling campaign. […]

WintershallDea is closing the chapter of its long oil production history in Egypt.after 38 years of economic and efficient production from the Gulf of Suez, and this is effective as of 1st January 2022.  “The Gulf of Suez concession will always be a proud part of our history in Egypt. It was the foundation upon […]

Global Petroleum has acknowledged the announcement made recently by National Petroleum Corporation of Namibia (NAMCOR), Shell Namibia Upstream B.V. and Qatar Energy. The NAMCOR Announcement states that the Graff-1 deep-water exploration well in the Orange Basin offshore Namibia has made a discovery of light oil in both primary and secondary targets (Graff-1 discovery), and that […]

East African Crude Oil Pipeline (EACOP) has witness another setback after years of delay of its take off since France’s Total and China’s CNOOC Ltd signed the Final Investment Decision (FID) which was heralded by the oil and gas stakeholders as a major breakthrough in the continent. Oilfield Africa has learnt that the project is […]

The African Development Fund (ADF), the concessional lending arm of the African Development Bank (AfDB) Group, is providing a $27.39 million grant to Ghana. The funding will support rural electrification through green mini-grids and stand-alone solar systems. With an electricity access rate of 73% in rural areas according to Power Africa, the government of Ghana […]

Afentra confirms that negotiations with Sonangol E.P (‘Sonang to purchase interests in Block 3/05 and Block 23 in Angola have continued into the new year. This follows the announcement on 8 October 2021 that the Company had submitted a non-binding Expression of Interest for the two blocks and the subsequent suspension of its shares.  Since […]