Barely one month after Shell announced the company’s drilling campaign of the Graff-1 oil exploration well in Block 2913A, located in the Orange Basin, offshore Namibia, Shell in partnership with with Qatari state-owned petroleum company, QatarEnergy, and Namibia’s National Oil Company (NOC), NAMCOR have has made a significant oil and gas discovery at an closely-watched […]
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, today announced that its investment in the Oza oil field in Nigeria (“Oza”) is now proceeding with the following amendments. On 1 September 2020, San Leon announced that it had conditionally agreed to provide a US$7.5 million loan to Decklar […]
The Malindi solar power plant is entering commercial operation in Kenya. The facility located in Kilifi County was financed and built by independent power producer (IPP) Globeleq in partnership with Africa Energy Development Corporation (AEDC) Afrik media repors. A new solar photovoltaic plant is coming online in Kenya. The facility, which is connected to the […]
In quest to increase its oil production and develop gas activity in Gabon, the oil company Perenco has planned to invest more than 450 million dollars (260.8 billion FCFA) in 2022. “We have placed orders for equipment to build a butane gas plant in Batanga which will produce 15,000 tonnes of butane gas per year […]
BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the fourth quarter and the annual report for 2021. Gross production from the Tortue field averaged approximately 12,250 barrels of oil per day in the fourth quarter of 2021, amounting […]
Zenith Energy has revealedits next planned international crude lifting of oil production from its Tunisian portfolio. The lifting is scheduled for April 2022, following the last sale of oil announced to the market on July 8, 2021. The Company confirms that, based on current production rates from its recently enlarged portfolio, it will hold a […]
JUBILEE OILFIELD Tullow has disclosed that its Oil production from Jubilee is averaged 74.9 kbopd (net 26.6 kbopd), ahead of guidance set at the start of the year2021.Jubilee oilfield average daily production has grown from c.70 kbopd at the beginning of 2021 to exceed 90 kbopd by the end of the year, achieved through a […]
Wentworth (holding 31.94%) and its joint venture partners have achieved record quarterly production of 91.5 MMScf/d from the Mnazi Bay gas field in the fourth quarter of 2021. This supported the steadily increasing demand for natural gas in Tanzania, which remained strong throughout the second half of last year. Positive economic indicators continue to support […]
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has invited reserve bidders for the 2020 marginal fields programme completed in 2021, after some initial bid winners failed to pay up their signature bonuses within the stipulated time. A public notice signed by the Commission’s Chief Executive Officer, Mr. GbengaKomolafe, indicated that a number of the winners […]
Panoro Energy ASAis pleased to announce that all government approvals have now been received for the sale of the shares of its fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited to PetroNor E&P Limited. Pan Aje participates in the exploration for and production of hydrocarbons in Nigeria and holds a […]
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