Continental News

Nigeria OML 11: The Litigation and Acquisition of the prolific oil well

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 […]

Oilfield Africa - Saturday September 25, 2021
Reconnaissance Energy Secures a Year Extension on the First Renewal Period For (PEL) 73, Namibia

Reconnaissance Energy Africa Ltd. (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia) has being granted approval of a one year extension on the First Renewal by the Ministry of Mines and Energy (MME)  the Period of 29 January 2022 to 29 January 2023 ,this is relating to the approximate 6.3 […]

Oilfield Africa - Saturday September 25, 2021
REQUEST FOR EXPRESSION OF INTEREST (“EOI”) AS A FINANCIAL AND TECHNICAL SERVICE PARTNER FOR THE INTEGRATED DEVELOPMENT OF OPLs 809 and 810 ASSETS

NIGERIAN PETROLEUM DEVELOPMENT COMPANY (NPDC on behalf of the OPLs 809 & 810 NNPC/NNDC Production Sharing Contract) NPDC Head Office, Ogba Road Benin City, Edo State. REQUEST FOR EXPRESSION OF INTEREST (“EOI”) AS A FINANCIAL AND TECHNICAL SERVICE PARTNER FOR THE INTEGRATED DEVELOPMENT OF OPLs 809 and 810  ASSETS 1.0     INTRODUCTION NPDC  hereby  invites  qualified […]

Oilfield Africa - Thursday September 23, 2021
Angola Announces 2020 Bid Round, Happy with the entire process

Finally, Natacha Massano, Executive Administrator of Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) announced the concessionaire´s satisfaction with the bid round results at AOG 2021 that took place in Luanda on September 9-10; ANPG will award the concessions on September 23, 2021, to bid round winners; The announcement was made at AOG 2021, organized […]

Oilfield Africa - Thursday September 23, 2021
ANGOLA OIL BIDDING 2020: ANPG proposes adoption of the regime of permanent offers of oil blocks

Promoting new concession attribution processes that do not depend on the terms and modalities contained in the General Concession Attribution Strategy in force, approved by Presidential Decree 52/19, of 18 February, is the main objective of the Permanent Offer Regime. Given the need to replace reserves and increase the exploitation of oil resources in Angola, […]

Oilfield Africa - Thursday September 23, 2021
Pharos Energy in Farm-Out agreements of Egyptian Assets

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 […]

Oilfield Africa - Thursday September 16, 2021
Kenya Oilfield Project: Africa Oil forecasts Higher Plateau Production Rate on Blocks 10BB and 13T

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 […]

Oilfield Africa - Thursday September 16, 2021
More revelations trail Nigeria shady deals on crude Oil Trading, exposed

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 […]

Oilfield Africa - Wednesday September 15, 2021
STENA DRILLING RESUMES CHARIOT MOROCCO DRILLING RIG CONTRACT

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 […]

Oilfield Africa - Friday September 10, 2021
Petrofac secures Libya EPCC contract

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, […]

Oilfield Africa - Friday September 10, 2021