Reconnaissance Energy Africa (ReconAfrica) has announced that the Company has completed a comprehensive subsurface evaluation delineating large scale, prospective conventional hydrocarbon bearing structures, throughout the entire Kavango Basin. The primary objective of ReconAfrica’s initial three well drilling program, scheduled for Q4 of 2020, is to confirm a thick, active, petroleum system throughout the deep Kavango […]

Sasol an international integrated chemicals and energy company with presence in 31 countries has given up its exploration license in Blocks 16 & 19 offshore Mozambique. This was sequel to an evaluation of the exploration potential of the blocks and an assessment of the report of the pre-feasibility phase of the Environmental Impact Assessment (EIA). […]

In a recent Malabu oil scandal court proceedings  in Italy, an Italian prosecutor has proclaimed that the Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would eventually end up in the hands of  corrupt  politicians and officials,. “They were kickbacks. […]

Eni have successfully drilled the first exploration well in the North El Hammad license, in the conventional Egyptian waters of the Nile Delta, on the prospect called Bashrush. The discovery further extends to the west the gas potential of the Abu Madi formation reservoirs discovered and produced from the so-called “Great Nooros Area”. The new […]

Nigeria President Muhammadu Buhari  has flagged off the construction of $2.8 billion Ajaokuta-Kaduna-Kano (AKK) pipeline, this has invaluably set the pace for total economic gas revolution in the country. A consortium of indigenous and international engineering firms are slated to construct the 614-kilometer gas pipeline which will be a future energy link to north African […]

Second Licensing Round has been announced by the Uganda Ministry of Energy and Mineral Resources since last year. The deadline for submitting the application for qualification on the five blocks on offer in the Albertine Graben is September 30th, 2020. The acreages on offer have become even more attractive since Tullow Oil announced the sale […]

Cheiron announces that the GNN-4 well, which was drilled to appraise the recent GNN oil discovery, has been completed and successfully tested at initial rates of over 2,000 bopd.  The well was drilled as a high angle wellbore from the existing Geisum D platform and has been placed on long term production using the existing […]

 Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on sub-Sahara Africa has announced that it has entered into agreements for a £700,000 common share placing with three investors at 0.3 Pence per common share .The Company has entered into a non-brokered subscription agreement with an Investor for £500,000 […]

Pancontinental Oil & Gas and its subsidiary Afrex in response to default notices received from FAR Limited has reached an agreement to settle this long standing matter with FAR. The amount which was the subject of the 2020 Default Notices totals US $567,145.80 Pancontinental will make a payment of US $150,000 into a nominated account of Operator Flow […]

Mozambique’s national petroleum institute INP said that the country’s natural gas and liquefaction projects remain in line with the schedule agreed between the government and investing companies. INP’s chairman Carlos Zacarias recently in a press conference said that despite the suspension of activities in Afungi due to the Covi-19 pandemic, implementation activities for the Eni’s […]