Pancontinental Energy has announced that its wholly owned subsidiary Pancontinental Orange Pty Ltd has received a fully signed document extending the current Initial Exploration Period of offshore Namibian Petroleum Exploration Licence 87 (PEL 87) by one year, until 23 January 2023. Following the Initial Exploration Period, there are provisions in the PEL 87 Petroleum Agreement […]

TransGlobe Energy has announced an operations update of crude oil Production averaged 12.1 MBoepd in Q2, 2022 to 11 June. Full Canadian production restored in May following completion of planned maintenance at a major processing plant owned by a third party. Canadian June production has averaged 2,727 boed for the month to 11 June following […]

Chariot has signed a Front-End Engineering and Design (FEED) agreement with Schlumberger and Subsea 7, as part of a consortium, for the Anchois gas development project in Morocco. Chariot, Schlumberger, and Subsea 7 will continue to adopt a “one-team” integrated and collaborative approach to safely fast-track first gas to maximise the return on investment. The scope […]

Trident Energy Equatorial Guinea, has launched and commissioned a major project to convert 15 gas lift wells to electrical submersible pumps (ESPs) by the end of 2022, This is aimed at unlocking the geological capacity of our Okume complex. The Okume complex fields are a series of stratigraphically trapped deep water channel-levee complexes confined within […]

Eni, as Upstream Delegated Operator of Area 4 on behalf of its partners ExxonMobil, CNPC, GALP, KOGAS and ENH, announces that the Coral South Project has safely achieved the introduction of hydrocarbons to the Coral Sul Floating Liquefied Natural Gas (FLNG) plant from the Coral South reservoir offshore Mozambique. Following the introduction of gas in […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has rejuvenated the fate of winners of the 2020 marginal field bid exercise as awardees are expected to commence production before the end of this June. Gbenga Komolafe, chief executive officer (CEO) of NUPRC, had recently disclosed that the agency is targeting June for marginal field awardees to […]

The federal government is targeting to add 800,000 barrels to Nigeria’s daily oil production from some important upstream projects being executed by Shell, TotalEnergies, and other oil companies, which had stalled due to funding and other reasons. Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, disclosed this in Abuja at the 2022 […]

SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-24 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX WI: 50%). MSD-24 encountered the primary top Asl Formation reservoir at 4,089ft MD (3,276ft TVDSS) and reached a TD of 4,625 feet MD on 5 June […]

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 […]