This is another case that will cause huge financial damage to Algeria as it goes through one of its worst financial crises. This is the Petroceltic affair where the Algerian propagandist media concealed the truth from Algerians about a real mess that has just been caused by the CEO of Sonatrach, Toufik Hakkar. Explanations.  On April 15, […]

Algeria has commissioned the Kasdir-Beni-Saf gas pipeline extension project. The event was performed by the country’s Petroleum minister Mohamed Arkab who stated that the pipeline is likely to strengthen Algeria’s place in the field of marketing and increase natural gas exports to Europe. The expansion is carried out by expanding the compression station in Beni […]

Petroleum and Mining CS John Munyes has announced that the land acquisition process for Kenya’s Lokichar-Lamu 824-km pipeline project is expected to be completed in December. Six counties have been identified for this process. These are: Lamu, Meru, Isiolo, Garissa, Samburu and Turkana, John Munyes has said through the Lapsset and the National Land Commission, […]

Reconnaissance Energy Africa has announced spudding the second well (6-1) in the Kavango Basin in the Kalahari Desert of North East Namibia. Operations With the first string of casing set and cemented in the 6-1 well, the Company owned and operated 1000 HP rig (Jarvie-1) is drilling ahead to a target depth of 3,800 meters […]

APA Corporation (APACHE) has announced it has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources (MOP) and the Egyptian General Petroleum Corporation (EGPC) in support of the MOP’s efforts to modernize the country’s petroleum sector. The new Production Sharing Contract (PSC) will consolidate the majority of the concessions in the Western Desert of Egypt operated by APA Corporation subsidiary Apache Egypt (“Apache”) […]

Highlight Reported production of 382,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax barrels, was 326,000 BOE per day;  Generated net cash from operating activities of $671 million, adjusted EBITDAX of $1.14 billion, and free cash flow of more than $500 million; Delivered upstream capital investment and […]

United Oil & Gas PLC the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, has announced the following update on the testing of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 development well. United holds a 22% non-operating interest in Abu Sennan, which is […]

The National Agency of Petroleum, Gas and Biofuels (ANPG), as an National Concessionaire, announces, under the terms of Articles 6 and 7 of Presidential Decree No. 86/18, of 2 April, the opening of the Public Tender for the bidding of new oil blocks. The above announcement is within the scope of the General Strategy for […]

BW Energy has announced an update on Hibiscus extension appraisal well (DHIBM-2) in the Dussafu Marin license in Gabon. The primary objective of the well was to test the northern extension of the Gamba Sandstone reservoir of the Hibiscus field, discovered in 2019. Initial findings indicate that the Gamba is water-bearing, instead of containing hydrocarbons. The Borr Norve Jack-up continues drilling operations to intersect the secondary targets for the appraisal well […]

Nigeria gas flaring is still going unabated despite unalloyed effort and commitment by the present government in creating enabling environment for oil and gas companies to invest in the recent gas code master plan unveiled by the Mohammadu Buhari led administration. According to the data made available by National Oil Spill Detection and Response Agency […]