The Egyptian Government of Prime Minister Mostafa Madbouly has recently uploaded country’s major investment drive to hydrocarbon exploration by approval of temporal five petroleum exploration and production commitment agreements during. The Egyptian President took this bold investment on Tuesday being his inaugural meeting since his assumption to office. These agreements, expected to generate roughly $200m […]

In a bold bid to unveil Namibia’s onshore resource treasures, 88 Energy has launched a major new 2D seismic acquisition program for its petroleum exploration licence 93 (“PEL 93”) within the Owambo Basin’s uncharted Damara system. The ambitious initiative that covers 18,500 square kilometres of largely-unexplored territory – some 2.2 per cent of the entire […]

As part of efforts to boost the participation of indigenous firms in the gas sector, Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo today paid a visit to LEE Engineering and Construction Company Ltd ultra modern state-of-the-art fabrication yard in Warri, Delta State. Rt. Hon. Ekperikpe Ekpo made this disclosure through his official […]

Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR, announce the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (“PEL 73”), onshore northeast Namibia.  The Company spud the Naingopo exploration well in the Damara Fold Belt onshore PEL 73 in northeast Namibia on July 7, 2024. The well will be drilled […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is strengthening its partnership with USAID Power Africa to advance energy transition and environmental decarbonization efforts. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe, welcomed a delegation from USAID Power Africa to the NUPRC headquarters in Jabi, Abuja. During the high-level meeting, Engr. […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a strategic partnership with an Argentinian Tech Company, Galileo towards reduction of Gas flaring within the Nigerian Oil and Gas Industry. The collaboration aims to leverage on innovative modular technology to support the Nigerian Gas Flare Commercialization Program (NGFCP). Accompanied by the Argentinian Charge’ d’ Affairs […]

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday constituted a Joint Working Team (JWT) with the Gas Aggregator Company Nigeria (GACN) Limited on gas utilization and commercialization. Speaking at the inauguration at the Board’s liaison office in Abuja, the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe, acknowledged the correlation between the mandates of […]

FrazEnergy Limited a subsidiary of Oilserv Limited a pipeline infrastructural development company has announced its partnership with Galileo Technologies of Argentina to build a gas processing plant in Kwale Delta State Nigeria. With this unprecedented investment stride, FrazEnergy is expected to unlock about 5mmscf natural gas into the Nigeria market through their plan This massive […]

…. As Noble Venturer Drillship Arrives Oslo, 3 July 2024 – Panoro Energy ASA (“Panoro” or the “Company”) notes the announcement by Trident Energy, the operator of Block G offshore Equatorial Guinea, confirming the arrival of the Noble Venturer drill ship at Luba port, Bioko Island. The drilling campaign, which is expected to recommence shortly, will […]

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Monday in Abuja hailed the Presidential Directive on Local Content Compliance Requirements as crucial for enhanced competitiveness and mitigation of risks in regard to unqualified contractors, just as he unveiled five focal areas for implementation of the policy initiative. The […]