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 […]
Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian LNG Limited has recently held the kick-off meeting of the Engineering, Procurement and Construction (EPC) components of The $7.6n LNG Train 7 project..The august event was held virtually and this had provided enabling environment for NCDMB key officials to clarify some technical details relating to […]
Reconnaissance Energy Africa Ltd. (ReconAfrica)) a young global exploration and production company has announced its preparation for the upcoming drilling program in the Kavango Basin and the appointment of Mr. Nick Steinsberger as Senior Vice President, Drilling and Completions. Nick Steinsberger brings 32 years’ experience in petroleum engineering, drilling and completions, production, and surface facilities […]
FAR Gambia Ltd, a wholly owned subsidiary of FAR Ltd, has signed new Joint Operating Agreements (JOA’s) in respect of the A2 and A5 Blocks in The Republic of The Gambia, with PC Gambia Ltd a subsidiary of Petroliam Nasional Berhad, (PETRONAS ). This is reformation of the terms of the existing JOA’s by evolving […]
United Oil & Gas Plc (UOG) a global oil and gas exploration, development and production company, is pleased to announce a production on the Abu Sennan concession oilfield off Egypt in which UOG holds a 22% working interest. This includes a production update covering the first half of June and the results of an Independent Reserves Report […]
FAR an Australian-listed exploration, development and production company has made known its default in payment of Production Sharing Contract and Joint Operating Agreement on Sangomar oil and gas field off Senegalese as the company is looking forward to sell its interest in the project. The Sangomar oil and gas field being developed off Senegal, is […]
The Egyptian Ministry of Petroleum has announced achieving a petroleum discovery in the offshore Geisum concession in the south of the Gulf of Suez with shallow waters. The Ministry clarified that the new discovery comes with an initial production rate of 2,000 barrels per day of crude oil, and it is estimated that there are […]
The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Learners Support Consultancy Company has called for submissions from innovators, technologists and other young science enthusiasts to the Nigerian Oil and Gas Technology (NOGTECH) programme. The NCDMB initiative is the first-ever technology hackathon in the Nigerian Oil and Gas industry and is aimed at […]
A recent expansion of Gabon MegaSurvey coverage has significantly increased access to 3D seismic over the 35 open blocks on offer. The Direction Generale des Hydrocarbures (DGH) and PGS now offer over 65 000 sq. km of 3D seismic and over 21 000 km of 2D seismic data. An extension to the tender submission deadline […]
