Invictus Energy has provided an update on the activities of its 80% owned and operated CaboraBassa Project in Zimbabwe. Seismic Campaign Update The CaboraBassa 2021 seismic survey (“CB21 Survey”) campaign is progressing well with 220km of data recording and 240km of layout completed to date. The data quality and density being acquired from the CB21 […]
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company announces that its 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year. Dana Gas, which owns a 35% […]
BW Energy said it has been provisionally awarded operatorship of two blocks in the 12th Offshore Licensing Round in Gabon. The award by the Direction Generale des Hydrocarbures (DGH) in Gabon is subject to finalising the production sharing contracts (PSC) with the DGH. The two blocks, G12-13 and H12-13, are adjacent to BW Energy`s Dussafu licence offshore Southern Gabon. The blocks cover an area of 2,989 […]
In the occasion of the recent meeting held between the President of the Republic of Angola JoãoGonçalvesLourenço and the CEO of Eni Claudio Descalzi, Eni Angola, ANPG and Sonangol, a Memorandum of Understanding (MoU) for the joint development of the agro-biofuel sector in the country has been signed. Under the MoU, Eni, ANPG and Sonangol […]
Since the discovery of large-scale oil and gas discoveries took place in the offshore waters of Senegal between 2014-2017, the country has been abuzz in terms of how this vast new hydrocarbon wealth will impact the Senegalese economy, making it more competitive and accelerating the pace of the country´s long-term economic development objectives as stipulated […]
The Government of Mauritania, through the Ministry of Petroleum, Mines & Energy and Chariot, the Africa focused transitional energy company, have signed a Memorandum of Understanding (MoU) to progress a potential green hydrogen development, denominated as “Project Nour”, of up to 10GW. Project Nour has been given exclusivity over an onshore and offshore area totalling […]
The legal battle between The Nigeria National Petroleum Corporation (NNPC) and Shell Nigeria – the later quest to regain the operator of Oil Mining Licence (OML) 11 is far yet to be over. The recent Appeal court judgment on the prolific oil well was never palatable to Nigeria exploration and production giant. But reverse is […]
The Angola’s Agency for Petroleum, Gas and Biofuels (ANPG), has finally announced the winners of onshore lower congo and kwanza basin oil block, acting as a National Concessionaire, in accordance with Decree No. 86/18, of 2nd April, which establishes the Rules and Procedures for Tenders for the Acquisition of the Status of the Associate of […]
The National Agency for Petroleum, Gas and Biofuels (ANPG), the National Concessionaire, and the Italian operator Eni confirm the entry into production of the Cabaça Norte development project , in Block 15/06, located in Angolan deep waters, through the Armada Olombendo floating production, storage and transfer unit (“FPSO”) . The development of Cabaça Norte, with an expected production peak of around […]
Shell Egypt N.V. and Shell Austria GmbH, subsidiaries of Royal Dutch Shell, PLC, have completed the sale of their upstream assets in Egypt’s Western Desert to a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC for a base consideration of US$ 646 million and additional payments of up to US$ […]
