Continental News

Perenco Acquires New Age’s Participating Interests In The Etinde Permit Offshore Cameroon

Bowleven, the Africa focused oil and gas Exploration and Production Company with key interests in Cameroon, has announced the expiry of the 30 day right of pre-emption period pertaining to New Age (African Global Energy)’s definitive conditional agreement with a subsidiary of Perenco, to transfer all of New Age’s participating interests in the Etinde permit […]

Oilfield Africa - Wednesday July 13, 2022
BW Declares Delay In First Oil From The Hibiscus/Ruche As Production From Tortue Soars Offshore Gabon

BW Energy today provides an update on the operations and development of the Dussafu Marin license in Gabon. The Company will publish financial figures for the second quarter and first half of 2022 on Thursday, 25 August. Gross production from the Tortue field averaged approximately 10,700 barrels of oil per day in the second quarter of 2022, amounting to a total gross production of approximately 975,000 barrels of oil for the period and in line with expectations. As previously guided, there were no BW Energy liftings in the quarter. Production cost (excluding royalties) was approximately USD 35 per […]

Oilfield Africa - Wednesday July 13, 2022
Nigeria Court Blocks Exxonmobil – Seplat Onshore Blocks Divestment Deal

Nigerian National Petroleum Corporation NNPC has won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc. The recent judgment was upheld by the presiding judge in the capital, Abuja, granting  the Nigerian National Petroleum Co. an “order of interim injunction” on July 6 barring Exxon “from completing any divestment” in a […]

Oilfield Africa - Wednesday July 13, 2022
ReconAfrica Receives Unalloyed Support From Traditional Authorities In Namibia

The Traditional Authorities of Kavango East and Kavango West have confirmed their support for the oil-and-gas exploration program in Namibia by Reconnaissance Energy Africa Ltd.. At a meeting last week in Namibia, the leaders of the five key Traditional Authorities of Kavango East and Kavango West expressed confidence that ReconAfrica’s ongoing exploration program, which has to […]

Oilfield Africa - Monday July 11, 2022
VAALCO Energy Completes Successful Drilling Program Of South Tchibala 1HB-ST Well, Offshore Gabon

VAALCO Energy Inc. has said that the South Tchibala 1HB-ST well of the Avouma platform in the Etame field has been successfully drilled and completed, offshore Gabon, The company has also provided an additional operational information regarding its activities in Gabon. The South Tchibala 1HB-ST well was successfully completed after performing a frac pack on […]

Oilfield Africa - Monday July 11, 2022
NOG 2022: Major E&P Companies Weigh In On Crude Oil Theft In Nigeria

The issue of incessant Crude oil pipelines vandalizing in Nigeria took a center stage at the just concluded Nigeria Oil & Gas Conference and Exhibition 2022.This ugly trend has posed huge economic loss to the African largest crude oil producer. One of the country’s major exploration and production companies Shell via its country head Mr Oagie […]

Oilfield Africa - Monday July 11, 2022
Aker Energy Tasks To Be Committed To Pecan Fields Development Plan Deadline Submission

The Ghana National Petroleum Corporation (GNPC) has in a letter urged Aker Energy to maintain the current schedule to ensure submission of the Plan of Development (PoD) for the Pecan field by 30 June 2022. The latest move by GNPC follows a series of failures on the part of the international oil company to meet […]

Oilfield Africa - Monday July 11, 2022
Invictus Energy Gives Update On Cabora BASSA Project In Zimbabwe

Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Mukuyu-1 prospective resource upgraded to 20 Tcf + 845 million barrels of conventional gas condensate (gross mean unrisked basis) Invictus has received an updated Independent Report from ERCE estimating substantial resource potential at its Cabora […]

Oilfield Africa - Friday July 8, 2022
San Leon Declares Up-To-Date Of Company’s Activities In 2022

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce its audited final results for the year ended 31 December 2021.  The full annual report for the year to 31 December 2021 is available on the Company’s website (www.sanleonenergy.com) and will be posted to shareholders in […]

Oilfield Africa - Friday July 8, 2022
Africa Celebrates The First Floating Solar Power Plant In Tunisia

The French company Qair is inaugurating a floating solar power plant in the Tunis lake, in the presence of the Tunisian authorities. The installation will inject 265 MWh of clean energy into the network of the Tunisian Electricity and Gas Company (STEG) every year. A floating solar power plant goes into operation in Tunisia. The […]

Oilfield Africa - Tuesday July 5, 2022