Wentworth Resources has reached agreement with Scirocco Energy to acquire its 25% non-operated working interest in the Ruvuma Production Sharing Agreement, in Tanzania. The 1.9 Tscf (mean GIIP) Ntorya gas discovery located within Ruvuma, Tanzania is operated by ARA Petroleum Tanzania (50% working interest, Aminex plc 25%) and is adjacent to Wentworth’s Mnazi Bay gas producing asset. The consideration is […]
After more than 90 years in the Gabonese oil sector, the company TotalEnergies has decided to expand its investments in the forestry sector. The company has just acquired 49% of the shares of the Compagnie des bois du Gabon (CBG), it informs in a press release made public on June 15, 2022. Certified Forest Stewardship Council […]
VAALCO Energy Inc. has announced the successful drilling of the South Tchibala 1HB-ST well that was drilled from the Avouma platform in the Etame field, offshore Gabon. Highlights Discovered significant columns of multiple hydrocarbon bearing sands in the Dentale; Completing the Dentale D1 sand (18 meters net hydrocarbons) interval, which is analogous to the Deep […]
Zenith Energy has provided an update on operations in well ROB-1 of the Robbana concession, onshore Tunisia. Zenith can confirm that Schlumberger logging operations performed in ROB-1 have evidenced major corrosion in the casing and a lack of cementing in the location of previous perforations performed in 1988 being the cause of water ingress in […]
In February 2021, The unprecedented journey started with issuance of License to Establish (LTE) by Department of Petroleum Resources (DPR). The birth of a new dawn has come in history of Nigeria energy sector-The first ever Floating Liquefied Natural Gas (FLNG) production plant in Nigeria to be operated by UTM Offshore Limited, an indigenous oil […]
United Oil & Gas has announced an update on the drilling of the ASV-1X exploration well in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt. The well was drilled to a Total Depth of 3,496 metres encountering nine metres […]
The establishment of Nigerian Content Development and Monitoring Board (NCDMB) and the Act establishing it Nigerian Oil and Gas Industry Content Development (NOGICD) Act by the Former President Goodluck Ebele Jonathan is truly transforming the oil, gas and energy sector of Nigerian economy, particularly rippled developmental infrastructure it has brought to the host communities. The present […]
Temile Development Company has sealed a contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000 cubic meters Liquefied Petroleum Gas Carrier Vessel. This was followed by a separate signing agreement with NSML an integrated maritime services subsidiary of Nigeria LNG Limited for the construction supervision of the vessel. The […]
With over 620 trillion cubic of natural gas reserves, 125.3 billion barrels of oil reserves, 16.4 billion short tons of coal and some of the best potential for renewable energy globally, Africa’s energy landscape is diverse, holding the potential to transform the continent’s socioeconomic landscape. Yet over 600 million people lack access to electricity and […]
Technip Energies (PARIS:TE) and COS Petrogaz(1) have signed a Memorandum of Understanding (MoU) to collaborate in the fields of LNG, carbon-free energy solutions and decarbonization, in order to accelerate Senegal’s gas development and support a fair and equitable energy transition. A signing ceremony took place on 25 May 2022 with representatives of both organisations present. The […]
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