BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the second quarter and first half of 2022 on Thursday, 25 August. Gross production from the Tortue field averaged approximately 10,700 barrels of oil per day in the second quarter of 2022, amounting to a total gross production of approximately 975,000 barrels of oil for the period and in line with expectations. As previously guided, there were no BW Energy liftings in the quarter. Production cost (excluding royalties) was approximately USD 35 per […]

Nigerian National Petroleum Corporation NNPC has won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc. The recent judgment was upheld by the presiding judge in the capital, Abuja, granting  the Nigerian National Petroleum Co. an “order of interim injunction” on July 6 barring Exxon “from completing any divestment” in a […]

The Traditional Authorities of Kavango East and Kavango West have confirmed their support for the oil-and-gas exploration program in Namibia by Reconnaissance Energy Africa Ltd.. At a meeting last week in Namibia, the leaders of the five key Traditional Authorities of Kavango East and Kavango West expressed confidence that ReconAfrica’s ongoing exploration program, which has to […]

VAALCO Energy Inc. has said that the South Tchibala 1HB-ST well of the Avouma platform in the Etame field has been successfully drilled and completed, offshore Gabon, The company has also provided an additional operational information regarding its activities in Gabon. The South Tchibala 1HB-ST well was successfully completed after performing a frac pack on […]

The issue of incessant Crude oil pipelines vandalizing in Nigeria took a center stage at the just concluded Nigeria Oil & Gas Conference and Exhibition 2022.This ugly trend has posed huge economic loss to the African largest crude oil producer. One of the country’s major exploration and production companies Shell via its country head Mr Oagie […]

The Ghana National Petroleum Corporation (GNPC) has in a letter urged Aker Energy to maintain the current schedule to ensure submission of the Plan of Development (PoD) for the Pecan field by 30 June 2022. The latest move by GNPC follows a series of failures on the part of the international oil company to meet […]

Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Mukuyu-1 prospective resource upgraded to 20 Tcf + 845 million barrels of conventional gas condensate (gross mean unrisked basis) Invictus has received an updated Independent Report from ERCE estimating substantial resource potential at its Cabora […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce its audited final results for the year ended 31 December 2021.  The full annual report for the year to 31 December 2021 is available on the Company’s website (www.sanleonenergy.com) and will be posted to shareholders in […]

The French company Qair is inaugurating a floating solar power plant in the Tunis lake, in the presence of the Tunisian authorities. The installation will inject 265 MWh of clean energy into the network of the Tunisian Electricity and Gas Company (STEG) every year. A floating solar power plant goes into operation in Tunisia. The […]

Tower Resources, the AIM-listed oil and gas company with a focus on Africa, has  provided an update on activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon. Cameroon Financing Tower Resources Cameroon SA (TRCSA), has executed a term sheet with BGFI Bank Group, the largest […]