Scirocco Energy has announced that the divestment of its 25% interest in the Ruvuma asset has been approved by the Tanzanian Minister of Energy. With this approval now received, all conditions precedent to the transaction are satisfied and Scirocco and its counterparty, ARA Petroleum Tanzania, can now proceed to complete the transaction in the coming […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi KesiyeWabote, has commended Abia State Governor Dr. Alex Otti for the decision of his Administration to establish the Abia Industrial Innovation Park (AIIP), Owaza, in Ukwa West Local Government Area of the State.     In a Goodwill Message at the groundbreaking ceremony […]

Invictus Energy provides an update of the drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Progress  Since the last update, the Exalo Rig 202 has drilled the 17 ½” surface hole section down to a depth of approximately 496m Measured Depth (“MD”).  The 13 ⅜ inch casing […]

The Maurel & Prom Group (M&P) has confirmed  discussions were held last week between the management of M&P Gabon and the representatives of local communities around the Ezanga permits following their demands in terms of employment and economic benefits. These discussions took place with the support of the Gabonese authorities and quickly resulted in an […]

Africa Oil has noted Impact Oil and Gas disclosure on positive drill stem test (“DST”) results for the Venus-1X well, the major light oil discovery on Block 2913B. The Company also has further provided update on exploration and appraisal activities on Block 2913B and 2912, both located in the Orange Basin, offshore Namibia. Block 2913B […]

TAG Oil Ltd has commenced drilling the horizontal portion of the BED4-T100 (“T100”) well in the Badr Oil Field (“BED-1”) in the Western Desert of Egypt. TAG Oil successfully drilled the vertical pilot hole to a depth of 3,290 meters.  The Company recently performed open-hole logging, formation imaging, and pressure measurement, followed by cement plug-back […]

Egypt, Abu Sennan (22% non-operated working interest, operated by Kuwait Energy Egypt) Oil production from the Abu Sennan Licence in H1 2023 averaged 1,051 bopd (net to United’s 22% working interest) with an additional 93 boepd net gas. The exit rate from the first half was 1,011 bopd net, plus 111 boepd net gas with […]

With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) have disclosed the agency preparedness in launching the country next onshore licensing bid round  this month end. The agency in its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola, has recently […]

Barely one month after Kuwait Foreign Petroleum Exploration Company, K.S.C.C. (KUFPEC) and its wholly owned subsidiary, KUFPEC Egypt Limited (KUFPEC Egypt), made a disclosure of a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez, Egypt, BG International Limited, subsidiary of Shell plc., said it has signed Farm Out […]