National Hydrocarbons Gabon Oil Company (GOC has decided to recapitalize its share capital, which until now was 1 billion FCFA, but has now stood at 11 billion FCFA. This was sanctioned at the Council of Ministers held on June 29, 2022, According to the government, this recapitalization falls within the framework of the modification of […]

Thank you for your interest in the Mozambique Gas & Energy Summit & Exhibition 2022.  Please find the latest brochure here: Mozambique Gas & Energy Summit & Exhibition Event Brochure 2022 and the updated programme attached. This year’s 7th edition of the Summit will be hosted at the Joaquim Chissano International Convention Centre, Maputo from 14 – 15 September […]

Sequel to the Company’s previous announcement made on 3 May 2022, San Leon, the independent oil and gas Production, Development and Exploration Company focused on Nigeria, has provided operational update on the Oza oil field in Nigeria. This latest disclosure is in respect of its potential follow-on investment in producing oilfield.  On 3 May 2022, […]

NAMCOR, the state oil company of Namibia and its joint venture partner Reconnaissance Energy Africa a Canadian oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin, in the Kalahari Desert of northeastern Namibia and northwestern Botswana have disclosed the spudding of the 1819/8-2 (“8-2”) well on June 25, […]

Savannah Energy  has said that Accugas, the Company’s 80% indirectly owned subsidiary, has commenced gas sales to Central Horizon Gas Company Limited (CHGC), a subsidiary of Axxela, and a major gas distribution company situated in the South-South region of Nigeria. In February 2022, Savannah signed an interruptible gas sales agreement (GSA) with CHGC to supply […]

H.E. Chief Timipre Sylva, Minister of State for Petroleum Resources of Nigeria, provided insights into the latest across the country’s oil and gas sector during an exclusive roundtable interview organized and hosted by the African Energy Chamber on June 24, 2022. Oil production in Nigeria has been on the decline recently. What are the main constraints […]

ION Geophysical Corporation has announced  that it has completed the reprocessing and reimaging of approximately 19,100 km² of 3D seismic data offshore West Africa for its Mauritania 3D reprocessing program. The multi-client program was undertaken through an exclusive agreement with the Ministry of Petroleum, Energy and Mines in Mauritania. It is comprised of 11 vintage seismic […]

The Czech Republic wants to invest in Gabon in the oil and gas sectors. This is what emerges from the exchanges between the Czech Secretary of State, Miloslav Stasek and the Gabonese Minister of Oil and Gas, Vincent De Paul Massassa, on June 22, 2022 in Libreville. “  The Czech Republic is present in Gabon in particular […]

Namibia On 25 April 2022 the Company announced that that the Namibian authorities had granted a one year extension to the Initial Exploration Period of PEL 94 until September 2023, also making the observation that the Venus and Graff discoveries heralded a major new petroleum province in Namibia. Global now notes the confirmation by TotalEnergies […]

Wentworth, the independent, Tanzania-focused natural gas production company, has announced an operational update. Following record production achieved in 2021, Wentworth and its joint venture partners continued to realize strong production rates throughout 2022,recording an average production rate of 92 MMscf/d year to date. The five producing wells in the Mnazi Bay field and the associated […]