FAR Limited has previously advised that Woodside Energy (Senegal) B.V. exercised its pre-emptive right to acquire FAR’s interest in the Senegal RSSD Project. On 19 January 2021 the FAR group executed a Sale and Purchase Agreement with Woodside in relation to the sale. The agreement with Woodside is on the same terms and conditions as […]

Tariq Al-Mulla, Egyptian Minister of Petroleum and Mineral Resources, has signed the concession agreement with Mubadala Petroleum for oil and gas exploration activities in the Red Sea Block 4 (“Block 4”), with an area estimated at 3084 km2, owned by the South Valley Egyptian Petroleum Holding Company (Ganope). The block was awarded by the Government […]

Apex International Energy has announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The discovery was achieved at the SEMZ-11X well located 10 kilometers west of Zarif field, the nearest producing field. The well was drilled to a total depth of 5,700 feet and encountered 65 feet […]

Leading domestic gas distribution company, Shell Nigeria Gas (SNG), has signed a 20-year agreement for the domestic distribution of gas to industrial customers and manufacturing plants in Lagos and Ogun States. In the new deal with the Nigerian Gas Marketing Corporation (NGMC), SNG will also extend its distribution network to Badagry to serve a new […]

BW Energy has announced an update on the operation and development of the Dussafu Marin license in Gabon. The Gross production from the Tortue field averaged approximately 13,500 barrels of oil per day in the fourth quarter of 2020, amounting to a total gross production of 1.24 million barrels of oil for the period. BW Adolo had scheduled downtime […]

Survivex has started working on a contract with BP to develop and deliver a bespoke four-week training programme for the operational personnel on the Greater Tortue Ahmeyim development project. The contract will see Survivex, which is part of the 3t Energy Group, train BP personnel in safety-critical operating procedures and processes for its floating production storage […]

Reconnaissance Energy Africa has announced that it has commenced the permitting process for the acquisition of 450 kilometers of 2D seismic data in the deep Kavango Basin in the Kalahari Desert of North East Namibia. To execute the program, the Company has contracted Polaris Natural Resources Inc,based in Calgary, Alberta, Canada. As a result of a […]

No less than 96 contractors have shown interest in undertaking the rehabilitation and maintenance of the Nigerian National Petroleum Corporation’s (NNPC) ageing downstream infrastructure.  Ranging from critical pipelines to depots and terminals through the Build, Operate and Transfer (BOT) financing model. This was disclosed at a virtual public bid opening exercise which held at the […]

The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company of Heirs Holdings Limited and Transnational Corporation of Nigeria Plc (Transcorp), for a consideration of $533m. A […]

BW Kudu Limited, a wholly owned subsidiary of BW Energy Limited and the National Petroleum Corporation of Namibia (NAMCOR) has signed a Farm-In and Carry Agreement. The agreement increases BW Kudu’s working interest in the Kudu license offshore Namibia from 56% to 95% in line with previously disclosed intentions. NAMCOR will retain the remaining 5% […]