Metatek-Group Limited, a worldwide airborne geophysical survey specialist based in the United Kingdom, is currently conducting an eFTG survey over an area of nearly 2,200 square kilometers (540,000 acres) in ReconAfrica’s 25,000 square kilometers (6.3 million acres) PEL073 exploration license in north-eastern Namibia. The airborne component of the survey is expected to be completed by […]

Panoro Energy ASA has confirmed the award of Block EG-01as announced by the Company on 20 February 2023 and the award has been ratified by the Government of Equatorial Guinea.  Panoro has been awarded a 56 percent operated interest in Block EG-01 alongside partners Kosmos Energy (24 percent) and GEPetrol (20 percent). In the vein, […]

The fourth edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023 will explore emerging opportunities in the oil and gas industry, linkage sectors as well as the entire African continent, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. SimbiKesiye Wabote announced on Wednesday. He spoke in Abuja in […]

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa  has disclosed that Savannah Midstream Investment Limited (SMIL), has signed a Share Purchase Agreement (SPA) with the national oil company of Cameroon, Société Nationale Des Hydrocarbures (SNH), relating to the sale by SMIL and purchase by SNH […]

Panoro Energy ASA is pleased to announce that it has entered into a definitive agreement with Beender Tunisia Petroleum Limited to acquire its 40 percent shareholding in Sfax Petroleum Corporation AS (SPC) for a total consideration of approximately USD 18.2 million in a mix of cash and shares. SPC through its subsidiaries, indirectly owns a 49 percent […]

Afentra has disclosed that having received the necessary approvals from the regulator and contractor group members to the formal transfer documentation ahead of the 17 April 2023 long stop date, Afentra have agreed with INA to proceed to completion whilst they await receipt of outstanding signatures to this documentation. The company look forward to updating […]

The caveat imposed by the Nigeria Federal Government on acquisition of ExxonMobil shallow oil wells by Seplat Energy is still a source of concerns to stakeholders. But Exxon Mobil and Seplat are still optimistic to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, […]

QatarEnergy has signed a Memorandum of Understanding (MoU) with the Ministry of Mines and Energy of the Republic of Namibia to strengthen cooperation in the energy sector. The agreement was signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and His Excellency Mr. […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) and the Contractor Group of Block 15, operated by ExxonMobil Angola, announce the achievement of the milestone of 2.5 billion barrels of cumulative oil production in Block 15, since the First Production from FPSO Xikomba, 20 years ago. Block 15 is located approximately 145 kilometers west of the […]

Energy woes are synonymous with South Africa right now. Having a conversation with Gugu Mfuphi on her Kaya FM show, reminded me on the necessity of an energy mix and natural gas and making markets work for South Africa. As the country’s fleet of mostly coal-powered plants struggles to keep up with electricity demand, South […]