San Leon, the independent oil and gas production, development and exploration Company focused on Nigeria, has on behalf of Decklar Resources Inc in Canada disclosed an operation update on Oza field.  As announced by San Leon on 20 December 2022, the company is currently in advanced negotiations in respect of the proposed sale of San Leon’s non-core investments in DPL. Part of the text of […]

Century FPSO Front Puffin which is currently undergoing upgrade and refurbishment in SHI-MCI yard in Lagos Nigeria has being slated to mobilize to Kalaekule field. The FPSO Front Puffin which was previously positioned at the operating production asset in OML113 has been sold by Panoro Energy to PetroNor. According to PetroNor, there are two production […]

The Petroleum Directorate has declared that it received from Innoson Oil and Gas SL Ltd a Sierra Leonean registered company own by a Nigerian Billionaire, a preliminary report on the outcome of a recently concluded independent, third-party evaluation of its offshore concession in Sierra Leone as reported on its online platform precisely on 27th 0f […]

PTTEP  an Angolan Incorporated company (PANG), and subsidiary of PTTEP, has entered into a Sale and Purchase Agreement (SPA) to sell its entire 2.5% participation interest in Block 17/06 Project in Angola to SOMOIL BLOCO 17/06 (SU), S.A., a wholly owned subsidiary of Sociedade Petrolifera Angolana, S.A (SOMOIL). Completion of the sale is expected by […]

Egypt through her Petroleum Minister, Tariq al-Mulla, has disclosed the country discovery of a new gas field in the Mediterranean Sea. The discovery of this colossal gas field is still undergoing evaluation stages to estimate the volume. The name of the new gas field “Narges” is sequel to the discovery of Zohr gas field by Eni […]

Eni has signed a contract with Wison Heavy Industry for the construction and installation of a Floating Liquefied Natural Gas (FLNG) unit with a capacity of 2.4 MTPA (million tons per annum). The FLNG will be deployed offshore the Republic of Congo. The 380 metres long and 60 metres wide vessel will be anchored at a […]

Shelf Drilling has announced that it has secured a one-year contract for the Trident VIII jack-up rig for operations offshore Nigeria. The rig will complete a short out-of-service project prior to expected contract commencement in Q2 2023 Trident VIII rig is currently located off the coast of Ghana which is believed that the rig have […]

Note that the purple and blue areas indicate basin lows, red and white indicate basin highs Reconnaissance Energy Africa Ltd has indicated a planned acquisition of the firstEnhanced Full Tensor Gravity (“eFTG”) survey conducted in Namibia. Operational Update On June 28, 2022, ReconAfrica engaged a leading airborne geophysical survey provider to conduct an eFTG survey over an […]

Tullow Oil has announced the signing of a Production Sharing Contract (PSC) for offshore exploration licence CI-803 in Côte d’Ivoire. Tullow will operate the licence with 90% equity, the remaining 10% is held by PetroCi. CI-803 covers an area of 1,345 square kilometres and is adjacent to licence CI-524 which is also held by Tullow […]

According to the economy report from the Ministry of the Economy, oil production in Gabon increased at the end of September 2022. “  Quarter-on-quarter, oil production increased by 7.3% compared to the second quarter of 2022, in connection with the operation of new wells and the loosening of the OPEC+ quota policy, despite the closure of […]