Africa Oil Corp. has announced that its investee company Impact Oil & Gas Limited has completed the farm down of its interests in Blocks 2912 and 2913B offshore Namibia to TotalEnergies EP Namibia B.V. Impact has also received a cash payment of approximately USD 99 million, as reimbursement for its share of costs incurred on the […]

TGS, a leading global provider of energy data and intelligence, announced the enhancement of its Fusion 3D seismic dataset offshore Sierra Leone, focusing on the Vega prospect. This reprocessing project leverages advanced seismic imaging workflows to enhance depth data, offering clearer subsurface insights for oil and gas companies exploring the area. Recent discoveries in South […]

Panoro Energy has announced that the C-45 infill well has successfully been put onstream by the Block G operator, Trident Energy, at an initial gross rate over 5,000 bopd on a restricted choke, in line with expectations. The well is the first of two planned infill wells at the producing Ceiba Field and Okume Complex […]

Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has renewed Petroleum Mining Lease 52 (PML 52), containing the Agbami field, for a period of 20 years effective from November 24, 2024. The disclosure was made by Africa Oil as following its recent press release. The Nigerian Upstream Petroleum Regulatory Commission has also given clearance for the amalgamation […]

Panoro Energy ASA and BW Energy have announced the signing of production sharing contracts (PSCs) for the exploration blocks Niosi Marin and Guduma Marin (formerly named G12-13 and H12-13) with Gabon’s Petroleum Minister and Minister of Economy. BW Energy holds 37.5% working interest and is the operator of the blocks, which significantly expands the resource […]

During the quarter Invictus announced it had completed the interpretation of CB23 Seismic Survey data and reviewed the prospectivity of the eastern Cabora Bassa basin. A total of eight key prospects were defined in the Company’s Exclusive Prospecting Orders (EPOs) 1848 and 1849, totaling 2.9 Tcf gas and 184 MMbbl condensate (gross mean unrisked basis). […]

The Nigerian Content Development and Monitoring Board (NCDMB) has retained its top ranking in business efficiency and transparency among ministries, departments, and agencies (MDAs), as captured in the latest evaluative assessment by the Presidential Enabling Business Environment Council (PEBEC). In the ‘2024 Half Year Transparency and Efficiency Compliance Report (January 2024-June 2024),’ released on Tuesday […]

The Federal Government of Nigeria through the Minister of State for Petroleum Gas has reiterated its commitment towards deepening the natural gas infrastructural development and utilization in the country. The current stride to achieve this aspirational economic goal is coming from the plan to establish 650MW gas Powered Plant in the Ibom Solutions Gas Hub, […]

Getech plc, a global leader in locating essential energy and mineral resources crucial for the energy transition, is pleased to announce entry into an Exploration Collaboration Agreement with Sound Energy, the transition-focused energy company. Pursuant to the Agreement, the parties will collaborate to seek to explore for natural hydrogen and helium in Morocco, with the […]

Sonadrill an Angolan drilling joint venture between National Oil Company Sonangol and drilling contractor Seadrill – will launch its fourth drillship in Angola in early 2025, Petra Lussana Pina, Drilling Trainee, Sonadrill told Energy Capital & Power. In an exclusive interview during Angola Oil & Gas 2024, Pina said the launch of the new drillship […]