Kinetiko Energy, an Australian gas explorer and developer focused on advanced shallow conventional gas and coal bed methane (CBM) in South Africa, has received firm funding commitments from a private South African institution to raise A$2.95m (before costs) through the exercise of an option. Strategic Investment Phefo Power (Pty) Ltd (Phefo) is a South African […]

Empresa Nacional de Hidrocarbonetos (ENH) a Mozambique’s state-owned energy exploration and production company and Petrofac, a leading provider of services to the global energy industry have formed a Joint Venture (JV) for the provision of training services in the country. The partnership will create path as a veritable way to designed and support nationalisation goals […]

The Nigerian Content Development and Monitoring Board (NCDMB) has charged media stakeholders specially those in energy media to deploy their expertise and tools to boost the nation’s drive towards a gas economy. This clarion call is in reiteration of the Board’s commitment to broader domestic gas utilisation and in deepening of Nigerian content implementation in […]

TAG Oil has provided the company’s latest operational update as it initiates Phase 1 of strategic development program of the unconventional Abu Roash “F” (“ARF”) reservoir in the Badr Oil Field (“BED-1”) over the first half of 2023, These strategic initiatives  comprise the following as heighted below. First Well Re-Completion TAG Oil has chosen the […]

Savannah has announced that it had entered into a Share Purchase Agreement (SPA) with PETRONAS (E&P) Overseas Ventures to acquire PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon. Completion of the proposed acquisition remained subject to satisfaction of certain conditions precedent which has not yet been satisfied, and Savannah and PETRONAS have, therefore, […]

Serinus an international upstream oil and gas exploration and production with operational focus in Tunisia has given update that the CTF-04 rig has completed rig-up and is preparing to commence operations. This operation will install the first submersible pump into the Sabria W-1 well as part of the Company’s Artificial Lift programme for the Sabria […]

Sirius, an African focused oil & gas production and development company, announced that approvals previously secured from NNPC regarding commencement of Phase 1 of the OML65 Approved Work Programme (AWP), has been fulfilled by the company including all conditions precedent to drawing funds under the senior loan facility of up to US$200m which was previously executed […]

Scirocco Energy has Comfirmed Company’s intent to divest its interest in the Ruvuma asset, where Scirocco has entered into an agreement to sell its 25% interest to ARA Petroleum Tanzania (APT). The Tanzanian Fair Competition Commission (FCC) has now granted its unconditional approval for the transaction and issued the Company with the Merger Clearance Certificate. The issuance of […]

Yinson Production (YP) is the offshore production business unit of Yinson Holdings Berhad, a global energy infrastructure and technology company headquartered in Malaysia. The Group has businesses in offshore production, renewables, green technologies and offshore marine, and a presence in 18 countries, has recently sealed an Agreement for Preliminary Activities (APA) with Azule Energy), through […]

Wentworth Resources and Maurel & Prom S.A. have reached agreement on the terms of a recommended acquisition of the entire issued and to be issued share capital of Wentworth by M&P. The Acquisition will be subject to the Conditions and certain further terms set out in the Scheme Document and each Wentworth Shareholders will be […]