In line with his commitment to significantly leverage gas to grow the economy, President Bola Tinubu will commission three critical gas infrastructure projects being undertaken by the Nigerian National Petroleum Company Limited (NNPCL) and partners. The projects support the federal government’s effort to grow value from the nation’s gas assets while eliminating gas flaring. The […]

 Chariot Limited the Africa focused transitional energy group,  has announced the of commenced of drilling operations at the Loukos Onshore licence onshore Morocco (Chariot, Operator 75%, ONHYM, 25%) with the spud of the RZK-1 well on the Gaufrette prospect. • Gaufrette Main target has Best Estimate recoverable prospective resources of 10 Bcf • Option to […]

Amplus VGE, a joint venture between UK-headquartered Amplus Energy and Nigeria-based Versatile Group (VG Energy), along with support from Norway’s Carbon Circle, is bringing together innovative solutions to unlock lucrative marginal fields in West Africa. Combining the international companies’ expertise in oil field development and production, the Amplus VGE partnership is working together to unlock […]

Panoro Energy ASA is pleased to provide an update on operations at the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per cent participating interest. Gross production averaged approximately 24,840 bopd in Q1 2024 and in Q2 to date has averaged approximately 29,800 bopd, the uplift in output being attributable to start […]

BW Energy, as the operator of the Dussafu Marine licence in Gabon and the Golfinho cluster offshore Brazil, provides an update on its operations and development. The Company will publish financial figures for the first quarter of 2024 on Friday, 24 May 2024. Net production to BW Energy from the operated assets was 2.48 million […]

…. Firm declares N4.5bn Dividend for 2023 The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out of theN1.5bn declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment represents NCDMB’s 30% share in the company for the year ended 2023. […]

Sintana Energy Inc. has announce that Chevron Namibia Exploration Limited (CNEL), an affiliate of Chevron Corp. (“CVX”) has executed an agreement effective April 28th that provides for their entry into Petroleum Exploration License 82 (PEL 82) with the assumption of an 80% working interest and operatorship.  NAMCOR, the National Petroleum Corporation of Namibia, and Custos […]

Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, Has announced its unaudited results for the three months ended 31 March 2024. Operational highlights Production averaged 49,258 boepd, down 4.8% on prior period (3M 2023: 51,720 boepd), but 5.7% above Q4 2023 production, and […]

Afentra plc the upstream oil and gas company focused on acquiring production and development assets in Africa, provides the following update regarding the previously announced Angolan acquisition. Government Approval of Azule Acquisition Afentra is pleased to announce that it has received approval from the Government of Angola for the previously announced acquisition of a 12% […]

Sintana Energy Inc  has  announced that it has entered into a definitive agreement dated effective April 24th, 2024 with Crown Energy (Pty) Ltd.,  a private Namibian company providing for the acquisition by the Company from Crown of up to 67% of the issued and outstanding shares of Giraffe Energy Investments (Pty) Ltd. Giraffe is the […]