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 […]

The PGS Nigeria MultiClient data library provides excellent 2D and 3D seismic coverage over recently announced blocks in the 2020 Marginal Fields Bid Round. The Department of Petroleum Resources (DPR), on behalf of the Federal Government of Nigeria, recently launched its 2020 licensing round. A total of fifty-seven marginal fields are on offer, including a […]

A Private equity firm Carlyle Group and a consortium backed by Cairn Energy are in the running to acquire Shell’s onshore assets in Egypt, Reuter’s reports, citing two sources with knowledge of the matter. Previous reports had indicated that Cairn Energy was part of a consortium that initially included Cheiron and Pharos Energy, until Pharos withdrew from the […]

SDX Energy Plc the MENA-focused oil and gas company, has announced that it has disposed of its 50% working interest in the North West Gemsa licence, situated in the Eastern Desert of Egypt. The purchaser, Gulf Energy, a private Egyptian oil and gas company, has paid US$3.0 million in consideration for the Company’s interest, of which US$1.4 million has been […]