Eni has embarked on a major upgrade of the resource base in the Ndungu field, located approximately 130 km off the coast and about 10 km from the Ngoma FPSO in the West Hub of block 15/06. The Ndungu 2 appraisal well was drilled 5 km away from Ndungu 1 and stroke 40 m of […]

United Oil & Gas PLC the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce an update on the ASD-2 development well in the Abu Sennanlicence, onshore Egypt. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. Highlights The ASD-2 well […]

Panoro Energy has released its 2021 Annual Statement of Reserves (ASR) of its global Operations. The company after taken into account of 2021 production of 2.8 MMbbls the total net working interest reserves for Panoro expressed in million barrels of oil (“MMbbls”) as of 31 December 2021 were stated as follows: Proved (1P) reserves of […]

The Nigeria commitment in the on-going Trans-Sahara Gas Pipeline project has recently received global relevance as Federal Government through the Nigerian National Petroleum Company Ltd-NNPC disclosed its planned massive gas investment in the country pipeline infrastructural developmentthrough gas delivery from Nigeria to Europe region. This was disclosed bythe Group Managing Director of the NNPC, Mele […]

WintershallDea and Sonatrach have expanded their Memorandum of Understanding, originally signed in August 2020. This is in continuation to explore new opportunities in Algeria in the field of gas production and low-carbon energy solutionsThe MOU now sets a basis for the company to consider new business opportunities in Algeria, not just in natural gas but […]

Sound Energy, the transition energy company, has released its audited final results for the year ended 31 December 2021. Development of the Moroccan Tendrara Production Concession Phase 1 Micro LNG project 10-year take or pay Gas Sales and Purchase agreement signed with AfriquiaGaz Execution of $18.0 million loan facility from AfriquiaGaz (with 6% annual coupon […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has noted the announcement made by Decklar Resources Inc. (Decklar) in Canada.  San Leon has a 11.5% shareholding in Decklar Petroleum Limited (DPL), the local subsidiary of Decklar operating in Nigeria, and has also made a US$5.5 million loan to DPL, […]

VAALCO Energy announced that the Company has contracted DOF Subsea to perform subsea construction and installation services to support the subsea reconfiguration associated with the replacement of the existing Floating Production, Storage and Offloading unit (FPSO) with a Floating Storage and Offloading vessel (FSO) at the Etame field, offshore Gabon. DOF Subsea will provide all […]

SDX Energy today announced a gas discovery at the SD-5X exploration well which targeted the Warda prospect in the South Disouq development lease.SD-5X (SDX:36.85% WI) was spudded on 4 March and reached TD at 7,855ft MD on 16 March which was on time and within budget. The primary basal Kafr El Sheikh target was encountered […]

Kosmos Energy has announced in November 2021 that it had received notice from Tullow Oil plc and PetroSA that they intend to exercise their pre-emption rights in relation to the sale of Occidental Petroleum’s interests in the Jubilee and TEN fields in Ghana to Kosmos, announced October 13, 2021. After execution of definitive transaction documentation and […]