Eni has announced the discovery of new oil resources in the Western Desert of Egypt with a new exploration well in the South West Meleiha Concession. Production in the Concession started just one year ago and is now in excess of 12,000 bopd. According to Eni, it was successful drilling of the SWM-A-6X well, in the […]

Total, bp and Eni (as the Operator) have made a gas discovery with the Bashrush well on the North El Hammad license, located eleven kilometers off the Egyptian coast. The well encountered 102 meters net gas pay in high quality sandstones of the Abu Madi formation. A production test was conducted with flow rates of […]

The Nigerian National Petroleum Corporation (NNPC) has signed a $1.5 billion prepayment deal led by Standard Chartered (STAN.L) and backed by oil traders Vitol Group and Matrix Energy, two sources close to the matter said, the first such agreement since the coronavirus pandemic. The deal provides OPEC-member Nigeria with much-needed cash after its finances were […]

Global Petroleum Limited an exploration and production company with focus in African region has announced that  in connection with its licence PEL0094 (Block 2011A), offshore Namibia, the Ministry of Mines and Energy in Namibia has agreed to extend the licence sub-period from September 2020 to September 2021 and also to modify the work commitments. Global […]

Reconnaissance Energy Africa Ltd.( ReconAfrica)  exploration and production company with operations in southern African region has said that it has received from the Namibia Ministry of Mines and Energy (MME) a letter which declares the planned drilling operations in the kavango basin to be undertaken in Q4 2020 by the company.  The Company will now […]

ION Geophysical Corporation has announced the first 3D multi-client program in Mauritania in partnership with the Ministry of Petroleum, Mines and Energy (MPME).  ION will seamlessly integrate and reimage ~24,000 sq km of MPME-held 3D data and can expand the scope to include ~15,000 km of 2D data pending industry support.  Leveraging the Company’s latest […]

Mozambique LNG is one of several projects being developed in the country’s northernmost province of Cabo Delgado after one of the biggest gas finds in a decade off its coast. Together, the projects are worth some $60 billion. The lucrative nature and the important of this project cannot be over emphasized owning to its prevailing […]

BW Offshore a Norwegian global leading provider of floating production services to the oil and gas industry has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa. Operating on the Etame field offshore Gabon for VAALCO Energy. The firm period has been extended the operations of FPO Petroleo Nautipa […]

According to information available to Reuters, the Italian prosecutor has asked for Eni and Shell to be fined and some of their former and current executives, including Eni CEO Claudio Descalzi, to be jailed in a long-running trial over an alleged corruption scheme related to licence OPL 245 in Nigeria. The prosecutors alleged that Eni and […]

Oil and Gas Industrial Watchers are still keen towards the long awaited Final Investment Decision (FID) on the prolific Preowei field expected in early 2019. French oil gaint Total is considering Preowei discovery tie-back to the Egina FPSO design and the competitive bidding process to select a subsea contractor for its deep-water project which is […]