Kenya has indicated plan to construct the country’s first geothermal plant that will be situated in Menengai axis of the country. The power contract was awarded to Globeleq, the leading independent power company in Africa along with its project partner, Geothermal Development Company (GDC). The company has recently Hosted His Excellency Hon. Rigathi Gachagua, Deputy […]

Panoro Energy ASA  said that the DHIBM-4H production well at the Hibiscus Ruche Phase I development offshore Gabon has successfully been drilled, completed and handed over to production operations without incident. The well encountered good quality oil saturated reservoir sands in the regionally prolific Gamba formation and has been put onstream at a stabilised rate […]

The positive effect of passage of the Petroleum Industrial Act (PIA) has started manifesting in the Nigeria Oil and Gas sector especially in the helm of the affairs of the country’s energy company Nigerian National Petroleum Company (NNPCL). The eventual approval by the Nigeria past administration to reposition the nation’s oil firm into a profit […]

The Board of SDX Energy are aware of rumours concerning its Egyptian business and confirms that the Company has received multiple offers in regard to the sale of its Egyptian assets, which the Board are evaluating. Any proposed transaction would be subject to the usual conditions associated with a transaction of this nature, including but […]

Tullow Oil’s capital allocation strategy is to focus on its highest return producing assets and to maximise cash flow. In line with this strategy, Tullow is considering all options with respect to its interest in the Espoir field in Côte d’Ivoire. No formal commitments have been made. In the event this process develops, Tullow will […]

Predator Oil & Gas Holdings the Jersey based Oil and Gas Company with near-term gas operations focused on Morocco has announced an interim drilling update for the MOU-3 well appraising the Moulouya Fan primary reservoir target for which contingent gas resources have been previously announced. Operations update Prior to setting 95/8″ casing an inflow of […]

Kinetiko Energy, an Australian gas explorer and developer focused on advanced shallow conventional gas and coal bed methane in South Africa, has disclosed the following update on its onshore gas exploration and production development activities. Core well 272-01C and 272-02C spudded in early May and in close proximity to both Sasol’s Secunda refinery (potential gas […]

Invictus Energy Limited has disclosed that Institutional Placement has raised $12.75m at an issue price of $0.12 per share to support the Company’s upcoming Phase 2 exploration and appraisal campaign in Zimbabwe’s Cabora Bassa Basin.  “Invictus has been overwhelmed by the support of investors in recent months as we prepare to embark on the next […]

SDX Energy has, together with the Office National des Hydrocarbures et des Mines (ONHYM), renegotiated a gas sales agreement with one of its key customers in Morocco aligned with the regional development strategy and consequently will receive a higher gas price for production with effect from 1 May 2023. This price increase will enable the […]

Tunisia based exploration and production firm Serinus Energy has announced that the workover operations on the Sabria N-2 well in Tunisia have been completed. Having successfully removed wellbore restrictions and recompleted the well, the Company has mobilised surface testing equipment to the well site to evaluate well production. Upon completion of the testing program the […]