Africa Energy has announced that the joint venture partners on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased development of the Paddavissie Fairway. “We are very encouraged by the contemplation of an early production system on Block 11B/12B to provide first gas and condensate production […]

Panoro Energy has announced the completion of the acquisition of an additional 10% working interest in Dussafu Marin permit, offshore Gabon, by its subsidiary Pan-Petroleum Gabon B.V. from a subsidiary of Tullow Oil plc. Following the completion, Panoro-Gabon holds a 17.4997% non-operated working interest in Dussafu Marin permit.  “We are extremely pleased to have completed […]

Small and medium-sized enterprises (SMEs) in Egypt will benefit from a US$ 100 million loan by the European Bank for Reconstruction and Development (EBRD) to the National Bank of Egypt (NBE) to support energy efficiency, climate change mitigation and the introduction of adaptation technologies. NBE will on-lend the funds to SMEs in industry, commerce, and agriculture […]

The Department of Petroleum Resources (DPR) has concluded the 2020 marginal oilfield bid round, the first successful bid since 2003 when 24 assets were put on offer. The process, which culminated in the presentation of letters to the bid winners in Abuja by the industry regulator, started in June last year, with 57 marginal fields […]

National Oil, Gas and Biofuels Agency (ANPG) has launched a public tender for the acquisition of a consulting service to ensure real view of production data. The submission of the fresh launched tender, ends on 11 June at 03:30 pm.  The three-year contract also foresees the accounting and control of the volumes of exported hydrocarbons […]

Victoria Oil & Gas Plc subsidiary, Gaz du Cameroun S.A. (GDC), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has announced that GDC has received US$5.1 million gross funds from Eneo in line with the final settlement agreement of 16 April 2021. The company said it Has reached the […]

Reconnaissance Energy Africa has announced that the Company has set intermediate casing and geologic results in the first section of the second well (6-1), which again confirms a working petroleum system in the Kavango Sedimentary Basin. The Company has also in its reports stated that it is strengthening its Environment, Social & Governance (ESG) standard […]

United Oil & Gas plc’s (UOG) an exploration and production company with operations in Egypt has been granted approval for a development lease to cover the ASD-1X discovery, part of the Abu Sennan Licence, which allows production operations to get underway. Production starts from the ASD-1X well at an initial gross rate of 1,295 bopd, […]

Valaris has recently announced that it has been awarded a one-well contract with Total E&P Côte d’Ivoire B.V. offshore Ivory Coast for drillship, VALARIS DS-12. The contract is expected to commence in the third quarter of 2021. Valaris DS-12 is a: Drillship Design:DSME 12000 Double-Hull DP  with Ultra-Deepwater: of 7,500′ operating in the region: of Middle […]

Savannah Energy, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, announces that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon.  The Proposed Acquisition would include a […]