Continental News

Gabon Hibiscus Production Well To Stream First Oil In April

BW Energy has completed the drilling and completion operations on DHIBM-3H, the first production well of the Hibiscus / Ruche Phase 1 development campaign in the Dussafu licence offshore Gabon. Responsibility for the DHIBM-3H well has been handed over to the production team which will finalise preparations for production start-up. First oil from the well […]

Oilfield Africa - Monday April 3, 2023
San Leon Announces Proposed Transactions, Refinancing Update And ELI Operational Update In Nigeria

San Leon has announced a further update in relation to the proposed transactions with Midwestern Oil & Gas Company Limited and the Company’s further conditional investments in ELI (together the Proposed Transactions),  its current refinancing discussions; and an Energy Link Infrastructure (Malta) Limited (ELI) operational update. Details of the Proposed Transactions were announced by the […]

Oilfield Africa - Monday April 3, 2023
Mauritania Welcomes QatarEnergy Investment Interest In Offshore Exploration

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 […]

Oilfield Africa - Monday April 3, 2023
ANPG Is Ready For Next Bid Round In The Lower Congo And Kwanza Basins Onshore Angola

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 […]

Oilfield Africa - Monday April 3, 2023
TotalEnergies’ Financial Year Ended 2022 Profit Soars In Gabon

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 […]

Oilfield Africa - Thursday March 30, 2023
US Shows Further Investment Commitment In Hydrocarbon Business In Gabon

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 […]

Oilfield Africa - Thursday March 30, 2023
Nigeria Kicks Off Spudding Of Oil In Middle Benue Trough After Kolmani, Gongola Basin

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 […]

Oilfield Africa - Thursday March 30, 2023
Kinetiko Energy Is Committed To Gas Discoveries In South Africa

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 […]

Oilfield Africa - Monday March 27, 2023
San Leon In Talks To Sale Off Its Non-Core Investments In Decklar Petroleum, Nigeria

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 […]

Oilfield Africa - Monday March 27, 2023
NDEF Exported 395.00kbbls Crude Oil In 2022 Attributes Decline To Heavy Losses On The TNP

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 […]

Oilfield Africa - Monday March 27, 2023