Longboat Energy an emerging full-cycle E&P energy firm, has disclosed the company’s update on the status of the PL 939 licence which contains the Egyptian Vulture oil discovery. In October 2021, Longboat announced the Egyptian Vulture light oil discovery (Longboat 15%) close to infrastructure on the Halten Terrace in the Norwegian Sea. The discovery is […]
QatarEnergy and partners have announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia. The Jonker-1X well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine […]
TotalEnergies a French energy giant has escaped another legal hurdle after censure of its East African crude oil pipeline in a French court was stepped down over a series of technicalities, Climate Change News reported. A group of French and Ugandan campaigners argued in court that TotalEnergies did not do enough to stop environmental and […]
Eni has announced the closing deal for the acquisition of BP business in Algeria, regarding the two gas-producing concessions “In Amenas” and “In Salah”, which are jointly operated with Sonatrach and Equinor. The transaction has been approved by the competent national and antitrust authorities. Eni has been present in Algeria since 1981. Following this operation […]
Baker Hughes an energy technology company, has been awarded a major contract to provide subsea equipment and services by Azule Energy for work in the Agogo oilfield, offshore Angola. This award represents the first major new greenfield project awarded in offshore Angola in more than five years. The scope of work includes 23 standard subsea trees, 11 Aptara manifolds, SemStar5 fiber optic controls and […]
United Oil & Gas the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets,has presented a positive operational activity on the drilling of the ASH-8 development well (ASH-8) in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated […]
Panoro Energy has announced record full-year financial performance in 2022 with revenue up 58 percent year-on-year at USD 188.6 million and EBITDA up 78 percent year-on-year to USD 126.6 million. The Company has maintained a conservative leverage profile with net debt of USD 46.8 million at year end representing a net debt to EBITDA ratio […]
Impact Oil & Gas, a privately-owned, Africa-focused, exploration company today announced the imminent commencement of a multi-well drilling programme in Namibia, following the Venus light oil discovery in Block 2913B (PEL 56). Highlights Multi-well programme in Namibia due to commence before the end of February, targeting up to four wells (including the re-entry of the […]
bp and partners have confirmed the development concept for the second phase of the bp-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project that they will take forward to the next stage of evaluation. The partnership – composed of bp, PETROSEN, Société Mauritanienne des Hydrocarbures (SMH) and Kosmos Energy – will evaluate a gravity-based […]
The drilling of maiden exploration well in Zimbabwe’s Cabora Bassa basin and subsequent results have the potential to be transformative for Invictus Energy. The Mukuyu-1 well, and subsequent sidetrack, proved a working petroleum system, has validated the geological and geophysical modelling and substantially has de-risked the future exploration in the basin. Mukuyu-1 ST1 has identified […]
