The National Oil Company of Senegal, PETROSEN, has announced the launch of the country’s first offshore licensing round, to be launched at the MSGBC Basin Summit & Exhibition in Senegal in January 2020. The round will be open for six months – until the end of July 2020 and will comprise 10 offshore exploration blocks. […]

Somalia petroleum Minister Hon.Abdirashid Mohamed Ahmed has boosted his country’s endowment in hydrocarbons owing to its favorable geological structure and it possess huge opportunities for investors looking to enter the East African market. Mohamed Ahmed made this known during theAfrica Oil & Power conference.“Nowhere is the contribution that the energy industry can make to civil […]

South Sudan recent oil discovery in commercial scale in Northern Upper Nile State has been projected for licensing round by first quarter of 2002. The country new oil well discovery in the Adar area of Northern Upper Nile State that contains 5.3 million barrels of recoverable crude was announced by the Petroleum Minister Awow Daniel […]

Nigeria began preliminary talks with international oil companies to settle a dispute over revenue. The government, citing a 2018 Supreme Court ruling, says it’s entitled to $62 billion from the companies after they failed to comply with a 1993 law that hands the state a greater share of income when oil exceeds $20 a barrel. […]

FAR, Australia-based exploration and production company has acquired an additional 10% interest in the Blocks A2 and A5, located offshore the Republic of The Gambia. Sequel to this acquisition, the total working interest of the company is now expected to peak 50% interest and would retain the major operators of the blocks The interest is […]

Oil and gas explorer Kosmos Energy said it had made one of the largest discoveries of natural gas in recent years in waters offshore Mauritania, where it sees the potential to extract 50 trillion cubic feet of gas. In view of the discovery at the Orca-1 well, Kosmos said it had decided to extend the […]

Dutch offshore vessel owner Smit Lamnalco has won a $200 million, 10 years contract to provide services for Coral South FLNG offshore Mozambique. Smit Lamnalco, a 50% affiliate of Boskalis, will provide integrated marine services to what will be Mozambique’s FLNG unit, operated by Eni. “This marks the first terminal services contract awardfor the Mozambique […]

At the Etame field, the Company has begun drilling the Etame 9H horizontaldevelopment well targeting the Gamba formation, as planned. If successful, the Etame 9H well is expected to result in additional production coming online in December. As previously disclosed, the Etame 9P appraisal wellbore was successfully drilled and encountered both the Gamba and Dentale […]

Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, one of Ghana’s largest indigenous energy companies, has drilled its first new wells off the Ghanaian coast. Springfield becomes the first indigenous, independent energy company in Africa’s history to drill in deep water and places Springfield amongst known exploration companies, mostly foreign owned, who […]

Shell is considering among three prospects for a deep-water wildcat off Namibia, which is set to spud late next year at the earliest. The multi National Company will soon turn its focus to the rig market as it assesses available and suitable tonnage for the exploration well, which will be on its operated PEL 39 […]