Jihadis have seized a town and a convoy of fleeing civilians, including foreign workers, as fighting continued in the gas-rich region. French energy giant Total has evacuated 1,000 of its staff. Islamist militants have seized control of the town of Palma in Mozambique’s northern province of Cabo Delgado, killing several people, including a foreign worker. […]

Government is excited by the encouraging prospects of potential discovery of oil and gas in the Muzarabani area, as this will make the country energy self-sufficient, create employment, grow the economy and bring huge downstream benefits, President Mnangagwa has said. He also said Zimbabwe’s oil and gas industry represented huge, unique and competitive investment opportunities […]

The Chief Executive Officer of Eni, Claudio Descalzi, and the President General Manager of the Algerian state company SONATRACH, Toufik Hakkar, have met recently at the Eni headquarters in San Donato Milanese to take stock of common activities and sign various agreements in the exploration and production, research and development, decarbonisation and training fields. These […]

Zenith Energy, has announced that Zenith Energy Africa Limited, its fully owned subsidiary, has now completed the acquisition of a 100 percent interest in the fully owned subsidiary of Candax Energy in Barbados, Ecumed Petroleum Zarzis Ltd (‘EPZ’), which holds a 45% interest in the Tunisian onshore Ezzaouia Concession. Pursuant to the terms of the […]

Shelf Drilling, Ltd has announced that it has secured a two-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez offshore Egypt. The Trident 16 has been working with Petrobel in Belayim fields since 2015, and following […]

The Mozambique LNG Project operated by Total E&P Mozambique Area 1 (TEPMA1), and the Government of Mozambique, announce that the Project will progressively resume construction activities at the Afungi site, following the implementation of additional site security measures. After the security events that occurred in December 2020 near the Mozambique LNG project site and led […]

A UK based company Penspen has been awarded a 10 month engineering contract from national oil company Petrozim Line Ltd to deliver a next-generation engineering project for the Feruka-Harare pipeline in Zimbabwe.   Designed to enhance operational efficiency, the contract will see Penspen support to Petrozim on their mission to achieve maximal capacity to meet increasing petroleum products […]

The Nigeria’s oil and gas regulatory boby Department of Petroleum Resources (DPR), has said that it generated over N2 trillion in 2020. Director/chief executive officer of DPR, Engr Sarki Auwalu, who made the disclosure while delivering a keynote address at the 2021 Oloibiri Lecture Series and Energy Forum, organised by the Nigeria Council, Society of Petroleum […]

Shell’s recent sale of onshore assets in Egypt helps bring the European major closer to its $4 billion divestment target for the year, but it also supports the buyer. Working to achieve a net zero target by 2050, UK-based Cairn Energy acquired Shell’s stake in producing gas assets in the Western Desert, while offloading its […]

Tullow Oil plc has announced the successful result of its general meeting to approve the disposal of all of the issued share capital of its subsidiary, Tullow Equatorial Guinea Limited (“TEGL”) held by Tullow Overseas Holdings BV, another subsidiary of Tullow, to Panoro Energy Holding BV, a subsidiary of Panoro. TEGL holds a 14.25% non-operated […]