Pharos Energy plc, an independent oil and gas exploration and production company has entered into conditional agreements for the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El Fayum and North Beni Suef Concessions to IPR Lake Qarun Petroleum Co. (IPR Lake Qarun), a wholly owned subsidiary of […]

Africa Oil Corp. has made a recent provisional update on its operations in Kenya oilfield development project incorporating Blocks 10BB and 13T. Over the past year, Africa Oil and its JV Partners (Tullow Oil and Total Energies) have completed the redesign of the Project Oil Kenya to ensure it is technically, commercially and environmentally robust. A higher oil […]

When Anthony Stimler left Glencore Plc   in August 2019, he had two big secrets: For a dozen years, he’d paid millions in bribes to African officials and intermediaries. And he was now helping a U.S. Justice Department investigation into the company and numerous former colleagues. According to recent report by Bloomberg, Corruption isn’t exactly unheard of […]

Chariot, the Africa focused transitional energy company, has signed a contract with Stena Drilling, one of the world’s foremost independent drilling contractors, to use its Stena Don drilling rig for the planned Anchois gas appraisal well within the Lixus licence, offshore Morocco. The Drilling operations is anticipated to commence in December 2021 and are expected […]

Petrofac has secured a contract valued at over US$100 million with Zallaf Libya Oil & Gas Exploration and Production Company, to deliver their Erawin Field Development Project Phase 1 Early Production Facilities. The Engineering, Procurement, Construction and Commissioning (EPCC) scope of work encompasses surface equipment, including well pads and flowlines at the Erawin oil field, […]

The Nigeria National Petroleum Corporation (NNPC) is now set to take full control of a prolific oil well OML 11 after a long legal battle with her partner Royal Dutch Shell company. The recent Appeal Court judgment affirming NNPC the legal owner of the Oil Mining License 11 (OML 11) has been described by corporation […]

ReconAfrica and its joint venture partner the state oil company of Namibia NAMCOR have provided preliminary analysis of the first well drilled (the 6-2 well) in the Kavango basin by Core Laboratories  and Netherland Sewell & Associates Inc. Log and Core Analysis The NSAI petrophysical study, the first in the Kavango basin, has identified five […]

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 […]