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Continental News

Reconafrica Resumes Drilling Second Well Campaign in Kavango Basin Offshore Namibia

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 […]

Oilfield Africa - Friday May 7, 2021
APA Corporation Reaches Agreement with EGPC for new PSC in Western Desert of Egypt

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”) […]

Oilfield Africa - Friday May 7, 2021
Apache Announces 1Q 2021 Financial and Operational Update offshore Egypt

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 […]

Oilfield Africa - Friday May 7, 2021
UOG tests ASD-1X well, spuds AJ-8 Development well offshore Egypt

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 […]

Oilfield Africa - Thursday May 6, 2021
Angola Opens Bidding of Petroleum Blocks Onshore Lower Congo & Kwanza Basin

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 […]

Oilfield Africa - Thursday May 6, 2021
BW Energy Announces update on Hibiscus Extension appraisal well, encounters water in Gambia reservoir offshore Gabon

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 […]

Oilfield Africa - Thursday May 6, 2021
Gas flaring in Nigeria hits $1.24bn in 2021, amid gas-to-power shortage

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 […]

Oilfield Africa - Thursday May 6, 2021
Petronor to increase interest in Sinapa-Esperanca Licences in Guinea-Bissau

PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa has announced that on the 20 November 2021 that it will assume 78.57% interest and Operatorship of the Sinapa (Block 2) and Esperança (Blocks 4A and 5A) licences in Guinea-Bissau, which have been extended for 3 years and are […]

Oilfield Africa - Saturday May 1, 2021
FAR reactivates Drilling campaign on Blocks A2/A5 Offshore Gambia

FAR Gambia has said that Subsurface studies has continued through the first quarter of 2021 in support of the upcoming drilling of the Bambo-1 well, and more regional work aimed at quantifying resource potential and reducing risk on the additional prospects identified within the A2 and A5 blocks.  Processing of the seismic data acquired in […]

Oilfield Africa - Saturday May 1, 2021
Senegal: Sangomar Field development remains on track for first oil in 2023

FAR has announced it had executed a sale and purchase agreement with ONGC Videsh Vankorneft Pte Ltd for FAR’s entire interest in the Rufisque, Sangomar and Sangomar Deep project. RSSD operator Woodside subsequently exercised its right to pre-empt the sale on the same terms and conditions, and in January 2021 Woodside and FAR executed a […]

Oilfield Africa - Saturday May 1, 2021

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