Petrofac, leading a consortium with Genie Civil et Batiment (GCB), has received notification of a provisional award for an engineering, procurement and construction contract with Sonatrach for the Tinrhert EPC2 Development Project in Algeria. The contract is valued at approximately US$300 million, with Petrofac’s share around US$200 million. Located in Alrar, around 1,500 kilometres southeast […]

Atlas Petroleum has noted the recent press statement made by Vaalco Energy, Inc. on the Block P Venus discovery Plan of Development (POD). Atlas Petroleum, as a legacy investor in Equatorial Guinea, has been a partner in Block P prior to Vaalco’s entrance to the block, and remains an investor with active 34.13% participating interest […]

The President of the Republic of Congo, Denis Sassou Nguesso, and Eni’s Chief Executive Officer Claudio Descalzi in Brazzaville have met in Congo to discuss the Company’s main business activities in the country, as well as other innovative initiatives, in line with the company’s commitment to energy transition. The Minister of Hydrocarbons, Bruno Jean Richard […]

Eco Atlantic as operator of Block 2B offshore South Africa (Panoro working interest 12.5%), has announced the arrival of the Island Innovator semi-submersible drilling rig on Block 2B and the commencement of operations on the Gazania-1 exploration well. The Gazania-1 exploration well is being drilled in approximately 150 metres of water and is located 25 […]

In pursuant to its pledged agreement at last climate summit, COP 26 signed in Glasgow, Scotland the Gabonese Agency for Space Studies and Observations (AGEO) has just published the announcement that, in partnership with the German agency  “Deutsches Zentrum für Luft- und Raumfahrt”  (DLR) and the UN organization  “UN Environment Programme”,  it has just led a scientific mission on […]

United Oil & Gas has shown strong operational and investment activities in Egypt via its unaudited financial and operating results for the half year ended 30 June 2022.   Egypt Active drilling programme continues with three out of five wells in the 2022 programme now drilled Successful ASD-2 development well brought onstream in March, just six […]

Invictus Energy Limited said that the drilling at the Mukuyu-1 exploration well in SG 4571 has commenced on Friday 24 September local time. This was stated in an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe.  Drilling will commence from the installed conductor at 67m to a planned […]

VAALCO Energy announced the successful drilling of the North Tchibala 2H-ST well that was drilled from the Southeast Etame North Tchibala (SEENT) platform in the Etame field, offshore Gabon. Additionally, the Company provided an operational update on the Teli Floating Storage and Offloading vessel (FSO) installation and field reconfiguration at Etame. Drilling and Completion Highlights […]

Reconnaissance Energy Africa Ltd has announced it has entered into a definitive purchase and sale agreement with its partner, Namcor Exploration and Production (Pty) Ltd. (“NAMCOR”) dated September 21, 2022, to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE […]

VAALCO Energy has announced that the Government of Equatorial Guinea has approved the Venus – Block P Plan of Development (POD). VAALCO has an 80% participation interest in the project and is the operator. Upon the execution of final documents, VAALCO will proceed directly to project execution which targets first oil in 2026 and adds […]