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Continental News

Nigeria Round off Marginal Field Bid Round, Present Letters to Successful Winners

The Department of Petroleum Resources (DPR) has concluded the 2020 marginal oilfield bid round, the first successful bid since 2003 when 24 assets were put on offer. The process, which culminated in the presentation of letters to the bid winners in Abuja by the industry regulator, started in June last year, with 57 marginal fields […]

Oilfield Africa - Monday June 7, 2021
ANPG Seeks Transparency in Crude Production, Opts For Live Data Consulting Service

National Oil, Gas and Biofuels Agency (ANPG) has launched a public tender for the acquisition of a consulting service to ensure real view of production data. The submission of the fresh launched tender, ends on 11 June at 03:30 pm.  The three-year contract also foresees the accounting and control of the volumes of exported hydrocarbons […]

Oilfield Africa - Monday June 7, 2021
Victoria O & G releases Update on Cameroon operations

Victoria Oil & Gas Plc subsidiary, Gaz du Cameroun S.A. (GDC), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon, has announced that GDC has received US$5.1 million gross funds from Eneo in line with the final settlement agreement of 16 April 2021. The company said it Has reached the […]

Oilfield Africa - Monday June 7, 2021
ReconAfrica Namibia confirms working petroleum system in Kavango Basin, gives report on ESG

Reconnaissance Energy Africa has announced that the Company has set intermediate casing and geologic results in the first section of the second well (6-1), which again confirms a working petroleum system in the Kavango Sedimentary Basin. The Company has also in its reports stated that it is strengthening its Environment, Social & Governance (ESG) standard […]

Oilfield Africa - Friday June 4, 2021
Egypt: UOG expects increase in production as ASD-1X Oilfield resumes

United Oil & Gas plc’s (UOG) an exploration and production company with operations in Egypt has been granted approval for a development lease to cover the ASD-1X discovery, part of the Abu Sennan Licence, which allows production operations to get underway. Production starts from the ASD-1X well at an initial gross rate of 1,295 bopd, […]

Oilfield Africa - Friday June 4, 2021
Total Awards One-Well Drilling Campaign to Valaris Offshore Côte d’Ivoire

Valaris has recently announced that it has been awarded a one-well contract with Total E&P Côte d’Ivoire B.V. offshore Ivory Coast for drillship, VALARIS DS-12. The contract is expected to commence in the third quarter of 2021. Valaris DS-12 is a: Drillship Design:DSME 12000 Double-Hull DP  with Ultra-Deepwater: of 7,500′ operating in the region: of Middle […]

Oilfield Africa - Friday June 4, 2021
Savannah Energy, Exxon in acquisition agreement over Chad, Cameroon assets

Savannah Energy, the African-focused British independent energy company sustainably developing high quality, high potential energy projects in Nigeria and Niger, announces that, it is in advanced exclusive discussions with ExxonMobil Corporation with respect to the proposed acquisition of its entire upstream and midstream asset portfolio in Chad and Cameroon.  The Proposed Acquisition would include a […]

Oilfield Africa - Friday June 4, 2021
FAR gives update on sales of RSSD project offshore Senegal

FAR Limited has advised that it has satisfied the condition precedent for the sale of its interest in the RSSD project to a member of the Woodside group relating to the termination of a third-party contract. FAR also advises that it has received formal notification from the Senegalese Minister of Petroleum and Energies that it […]

Oilfield Africa - Wednesday June 2, 2021
Nigeria Indigenous Companies-Shafa, A.A. RANO, Matrix, Others Get Marginal Oil Field Licence

Nigeria Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field licence by the Department of Petroleum Resources, DPR, on Monday. The award came a year after 2020 marginal field bid round began with 591 companies applying to win 57 oil fields on offer. The […]

Oilfield Africa - Wednesday June 2, 2021
San Leon Energy gives update on investment in Oza Field, Nigeria

San Leon, the independent oil and gas production, development and Exploration Company focused on Nigeria, notes the announcement made by Decklar Resources Inc:  Decklar Resources Inc. announced an update to operations at the Oza-1 well re-entry at the Oza Oil Field in Nigeria through the Company’s wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited.  Oza-1 Re-entry Decklar continues […]

Oilfield Africa - Friday May 28, 2021

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