Shelf Drilling said that it has secured contracts for the Adriatic I and the Shelf Drilling Mentor jack-up rigs foroperations offshore Nigeria for firm durations of 16 months and 8 months, respectively. The combined estimated contract value for the two rigs is approximately USD 93 million, excluding revenues for mobilization and demobilization. Both rigs completed […]
PetroNor E&P has increased its investment portfolio in Nigeria oil and gas sector by new venture into a binding agreement with New Age (African Global Energy) to acquire New Age’s interests in OML 113 in Nigeria which contains the Aje Field. This acquisition not only strengthens the company’s position in OML 113 but also opens […]
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 […]
