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Continental News

Zenith Energy to Invest in Nigeria Oil & Gas, targets 2020 Marginal Field Bid Round

Zenith Energy Ltd, the listed international oil & gas production company, is pleased to announce that it has successfully pre-qualified in the 2020 Marginal Field Bid Round organised by the Nigerian Department of Petroleum Resources. As announced on June 16, 2020, the Company is participating in the 2020 Bid Round in the capacity of technical and financial partner to […]

Oilfield Africa - Monday September 14, 2020
Total, optimistic on Nigeria Petroleum Industrial Bill

Total E&P Nigeria Limited (TEPNG) has commended the forthcoming approval of Nigeria’s Petroleum Industry Bill (PIB) with high optimism that it will open the door for new investments into the country’s oil and gas industry. “[Total] is keen to continue to invest in Nigeria and to contribute constructively to the ongoing debate about the Petroleum […]

Oilfield Africa - Thursday September 3, 2020
NIGERIA TO START EXPORTATION OF PETROLEUM PRODUCTS BY 2022

The Nation’s Department of Petroleum Resources (DPR) says with five built refinery plants across the country and seven in the making, Nigeria will be a net exporter of petroleum products in the next two years. The Director and Chief Executive Officer of DPR, Sarki Auwalu disclosed this in Lagos when the Minister of Information and Culture, […]

Oilfield Africa - Wednesday September 2, 2020
Nigeria’s RusselSmith in Partnership with Kongsberg Ferrotech unveils Super Subsea Tech.

Nigerian integrated oilfield services provider, RusselSmith, has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company, to introduce a range of autonomous subsea robotic technologies to the Nigerian market. The robotic solutions are designed to perform inspection, repair and maintenance tasks on subsea pipelines, with the distinct advantage of being able to assess and […]

Oilfield Africa - Wednesday September 2, 2020
ReconAfrica set to drill first well in the Kavango Basin off Namibia

ReconAfrica has reported that it is now funded to initiate and complete a three well drilling program in the most opportune parts of Kavango Basin, with the initial goal of establishing an active Permian aged petroleum system. ReconAfrica is scheduling the spud of the first well (6-2) early December, 2020 but is aware additional logistical […]

Oilfield Africa - Wednesday September 2, 2020
FAR shows interest on Senegal’s Sangomar oilfield Sale, not to Pre-empt Transaction

FAR has advised Cairn that FAR does not intend to pre-empt the transaction or object to the proposed transfer of Cairn’s working interest in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore RSSD Contract Area to Lukoil. FAR says it was offered a preemptive right over the sale of the 40% working interest held […]

Oilfield Africa - Wednesday September 2, 2020
Panoro Energy gives updates for H1 2020 off Gabon, Tunisia

Production and lifting operations maintained and largely unaffected through crisis. Health and Safety systems and protocols proved resilient In Gabon, quarterly production at record high of 15,991 bopd gross on average, with current production in excess of 18,000 bopd At Dussafu, seismic reprocessing completed, potential for material increase in hydrocarbon volumes at HibiscusTunisian quarterly production […]

Oilfield Africa - Wednesday September 2, 2020
Mozambique Government Signs Agreement with Total to secure LNG Project

Total E&P Mozambique Area 1, operator of the Mozambique LNG project, has announced that it has signed a new Memorandum of Understanding with the Government of Mozambique regarding the security of Mozambique LNG project activities. The MoU provides that a Joint Task Force shall ensure the security of Mozambique LNG project activities in Afungi site […]

Oilfield Africa - Wednesday September 2, 2020
Total awards 3D Acquisition contract to Shearwater off Mauritania

Geoservices Company Shearwater GeoServices Holding AS has announced it has received an award for a large towed streamer 3D acquisition and Fast Track processing project by Total E&P Mauritania. The exploration survey covers 6,000 sq. km in the C15 and C31 Blocks using an ultra-wide tow Flexisource configuration, the largest triple source spread to date, […]

Oilfield Africa - Wednesday September 2, 2020
Lekoil gives updates on 2019 Operational Year, Released Audited Results

LEKOIL an Africa focused oil and gas exploration and production company with interests in Nigeria and Namibia has termed the company’s operation in 2019 as a pivotal year. Operational Highlights Otakikpo *Production levels averaged approximately gross 5,305 bopd (2,122 bopd net to LEKOIL Nigeria) *Updated Competent Person’s Reports announcing a significant upgrade to 2P oil reserves […]

Oilfield Africa - Wednesday September 2, 2020

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