The Nigeria National Petroleum Corporation Limited (NNPCL) Group Chief Executive Officer (GCEO) Mallam Kyari Mele Kolo in his keynote address has called on the winners of Nigeria 2012 Licensing Bid Round to embrace all encompassing expertise in achieving successful crude oil production from their acquired marginal oilfields. The NNPCL GCEO stated this at the recently […]
Egypt is consolidating her power investment portfolio in energy transition through new wind power project. This time round, the oil rich-country and ACWA Power, a Saudi-listed company has signed a fresh memorandum of understanding (MoU) with the New and Renewable Energy Authority (NREA) to allocate land for a 10 GW wind project in Egypt. The […]
Sequel to a recent signing of pacts by the continental stakeholders to consolidate the smooth takeoff of the Nigeria-Morocco Pipeline Project, RPS has been awarded a new contract to support the Nigeria Morocco Gas Pipeline Project for our client, Office National des Hydrocarbures et des Mines and Nigerian National Petroleum Company Ltd. The company will […]
Tullow is delighted on production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, offshore Ghana. Gross production from the field has surpassed 100,000 bopd, after a second JSE production well was brought onstream. Both of the JSE wells are performing in line with expectations and have increased production rates […]
Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national oil company (NOC) have made Namibia one of the world’s most enticing hydrocarbon plays in 2023. Eager to capitalize on this growing interest, the government has put in place an ambitious growth agenda […]
Reconnaissance Energy Africa Ltd (ReconAfrica) a Canadian oil and gas company engaged in the exploration and development of oil and gas in Northeast Namibia and Northwest Botswana announced that it has received its Environmental Clearance Certificate (ECC) from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism, covering PEL 73 licence, which […]
Africa Oil has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and on trend with the Venus, Graff, La Rona and Jonker oil discoveries, for an additional 6.25% interest. An independent review of the prospective resources and probability of geological success of […]
The utmost commitment by the Nigerian Content Development and Monitoring Board (NCDMB) in seeing that indigenous companies in the Nigerian energy sector are fully participated in the technological development of the sector through in-country fabrication of process control equipment has been recently emphasized by the board. The board has stated that it will soon issue […]
The Governments of Nigeria and the Republic of Equatorial Guinea have opened discussions regarding new partnership opportunities such as the establishment of a joint logistics base, deployment of indigenous capacities across countries, and lowering the costs of major oil and gas operations. These possibilities were discussed on the sideline of the just concluded NOG Energy […]
Nigeria’s total average crude oil production currently stands at 1.18 million barrels per day, which slightly above Angola the current second place African crude oil producer with production stands at 1.12 million barrels per day. Penultimate to the Nigeria recent position as the leading African Hydrocarbon producer, the country has for long suffered declined in […]
