The Government of Mozambique approved, at the 9th Ordinary Session of the Council of Ministers, held on March 26, 2024, the terms and conditions of the Concession Contracts for Research and Production of Hydrocarbons in Areas A6-E, A6-G, A6-D, S6-A and S6-B, awarded to the multinational China National Oil Corporation Hong Kong Holding Ltd (CNOOC) […]

Further to the announcement of 12 February 2024, Corcel Plc (London AIM: CRCL) provides an update on the testing of the TO-14 well in the onshore Block KON-11, in Angola, where it has a 20% working interest (18% net). The Operator is Sonangol, one of the largest hydrocarbon producers in Angola. Operations Update: Testing of the […]

The Nigerian National Petroleum Company Retail Limited a petroleum distribution and retailing downstream arm of NNPCL Group has signed a strategic partnership agreement with Azikel Petroleum Limited in the area Petroleum Products Sales and Purchase Agreement. The ground breaking ceremony is an healthy development for the downstream sector of the Nigerian oil and gas industry […]

Yinson Production has appointed TMC Compressors to supply a large marine compressed air system to its Agogo FPSO. TMC will provide a large-capacity marine compressed air system including compressors for control and service air on board the Agogo FPSO. “We are delighted to maintain our position as the global market leader for supply of marine […]

The resilient pursuit by the Nigerian Security and Civil Defence Corps in safeguarding the critical infrastructures of the Nigerian state especial the oil and gas infrastructures has continued to yield major milestones. According to the disclosure made by the Corp’s Commandant General’s Special Intelligence Squad in Rivers State, Superintendent Olufemi Ayodele, the NSCDC has exposed […]

Dolphin Drilling AS has announced an agreement with General Hydrocarbons Limited (GHL) regarding past due payment amounts and remaining work under the drilling contract. Reference is made to the fourth quarter 2023 financial report which reported an outstanding balance with GHL. Dolphin Drilling has in 2024 received two installments, as announced 9 January 2024 and […]

Following the two gas discoveries from the Upper and Lower Angwa reservoirs in the recently completed Mukuyu-2 / ST1 drilling campaign and the compositional analysis from fast-tracked downhole reservoir fluid samples (refer ASX announcement 04 March 2024), the analysis of additional downhole fluid samples has confirmed a rich gas-condensate discovery in Mukuyu and presence of […]

The Nordex Group has obtained an order to supply and install 57 N163/5.X turbines from the Delta4000 series in South Africa. The order also includes a Service contract for maintenance of the turbines. The order is for a cluster of three wind farms with 112.1 MW each. The wind farms are located in the Eastern […]

IFC has announced a $1.25 billion financing package alongside partners to Indorama Eleme Fertilizer and Chemicals Limited in Nigeria. The investment will allow Indorama to ramp up its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while fostering job creation in Nigeria. The […]

VAALCO Energy has announced that all partners have signed the final documents and the Government of Equatorial Guinea has approved the Joint Operating agreement (“JOA”) related to the previously approved Venus-Block P Plan of Development (POD). The Block P Production Sharing Contract (PSC) provides for a development and production period of 25 years from the […]