Invictus confirms it has executed a binding drilling rig contract with Exalo Drilling to drill the Muzarabani-1 exploration well and an option for an additional exploration well for the basin opening drilling campaign, scheduled to commence in June 2022. The contract comes after Invictus entered an MOU with the company last December and involves the […]

The 21st edition of Nigeria’s foremost energy event, NOG Conference and Exhibition is set to hold in person at theInternational Conference Centre, Abuja from 4 – 7 July 2022. dmg Nigeria events, the organisers of the event stated, NOG 2022 will host key stakeholders from across the global energy value chain to discuss the strategies […]

Zenith Energy, the listed international energy production and Development Company, has disclosed that a workover rig will shortly be mobilised to the Robbana concession, onshore Tunisia, to commence operations in well Robanna-1 (“ROB-1”). The workover rig will re-enter ROB-1 and pull the tubing string out of hole. A specialised Schlumberger wireline unit will subsequently perform […]

SDX Energy has announced successful spuddingoperations of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease. SD-5X spudded on 4 March 2022 and is expected to reach TD in approx. three weeks. The primary target, which has already been encountered in the IbnYunus and Sobhi field reservoirs, is the basal […]

Africa Oil and TotalEnergies {operator}have announced major light oil discovery in Block 2913B, offshore Namibia. Africa Oil has an indirect interest in this block through a 30.9% shareholding in its investee company Impact Oil & Gas Limited with a 20% working interest in the block. “TotalEnergies has made a significant discovery of light oil with associated gas […]

The 8th Edition Of The Africa Petroleum Congress And Exhibition Luanda, Angola Feb 23, 2022  –  The  African Petroleum Producers Organisation (APPO)  will hold the eighth edition of the Africa  Petroleum Congress and Exhibition (CAPE VIII) from 16-19 May 2022 in Luanda, Angola. The congress is organised by APPO, the government of the Republic of […]

The European Bank for Reconstruction and Development (EBRD), with support from the Green Climate Fund (GCF), and the European Union, is providing a financial package of up to €25 million to Crédit du Maroc to boost Morocco’s green transition. The financing, of which the equivalent of €18.75 million in local currency (MAD) will be provided by the EBRD and […]

LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa has announced that Savannah Energy Investments, has entered into a convertible facility agreement (the ‘CFA’) and option agreement with the Company in order to support the Company’s restructuring.  Savannah Investments is a wholly owned investment vehicle of Savannah […]

Invictus Energy has provided an update on the activities of its 80 per cent owned and operated CaboraBassa project in Zimbabwe. Data processing of the 2021 CaboraBassa 2D Seismic Survey (“CB21 survey”) and concurrent reprocessing of a legacy Mobil dataset has largely been completed by onshore high resolution data specialists Earth Signal Processing in Calgary, […]

BW ENERGY EBITDA for the fourth quarter of 2021 was USD 58.8 million, up from USD 8.3 million in the third quarter of 2021, due to two liftings to the Company in the quarter compared to zero liftings in the third quarter. One lifting to BW Energy is scheduled in the first quarter of 2022. “The combination of increased production from the final two Tortue Phase 2 wells and rising energy prices led to a strong fourth quarter and provides a positive backdrop going into 2022. This will be an active year for BW Energy with the Hibiscus / Ruche development on track for first oil late in […]