QatarEnergy said that company has signed an agreement with Shell in acquisition of a 40% working interest in the C-10 block located offshore Mauritania. Pursuant to the terms of the agreement, and subject to customary approvals by the government of Mauritania, QatarEnergy will hold a 40% working interest in the Exploration and Production Agreement pertaining […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) has disclosed the agency preparedness in launching the country next onxhore licensing bid round in 2023. 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 brought […]

TotalEnergies EP Gabon has just published its financial results for the 2022 financial year. FCFA), against $ 33 million (20 billion FCFA) for the 2021 financial year. The Gabonese subsidiary of the French giant thus multiplied by more than 10 its profit over the period. This significant financial gain was recorded thanks in particular to […]

Amid prevalent shift in global energy mix, United State of America has indicated further investment interest in the development of hydrocarbon exploration and production business in Gabon. This was disclosed during the Minister of Petroleum, Vincent de Paul Massassa, on March 23, 2023,received an American delegation led by Syed Dilawar, special envoy of the United […]

The quest by the present Nigerian government administration leads by President Muhammadu Buhari to see that crude oil exploration in the Northern region of the country comes to fruition has recently taken positive direction. The recent virtual inauguration of the President for the first oil drilling of the Ebenyi-A Exploration Well located in the Middle Benue […]

Kinetiko Energy has continued to pursue shallow, conventional gas discoveries in energy-hungry South Africa, as outlined in its latest exploration update. The ASX-listed energy stock has spudded its core 270-05C well — the third asset on its 270 exploration right — and ER271 has just been greenlit for renewal. A second coring rig is scheduled […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a further update in relation to: i) its current refinancing discussions and ii) the proposed transactions with Midwestern Oil & Gas Company Limited (“Midwestern”) and the Company’s further conditional investments in ELI (together the “Proposed Transactions”).  Details of the […]

NDEP, Nigeria’s first integrated indigenous energy company has provided this information in recent press release of its unaudited update on trading of the Company for the year ended 31 December 2022.  According to the company’s update, in March 2022, the company has commissioned front-end studies towards the further development of the Ogbele Field. This culminated […]

United Oil & Gas PLC, the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets has announced the commencement of production from ASH-8 development well (“ASH-8”) in the Abu Sennan licence, onshore Egypt. on 16 March at an initial stabilised rate of c. 2,980 bopd and 2.64 mmscf/d gross (c. 656 […]

Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa.  The Joint Venture (JV) Partners have contracted Environmental Impact Management Services (EIMS) of South Africa to apply for a permit to drill one […]