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Continental News

Shell’s Net-zero target and divestment of entire Nigeria JV assets

Shell and Nigeria go back a long way – but net zero plans are leading to a clean break from Niger Delta assets Shell has been active in Nigeria since the 1930s. It’s no exaggeration to say that Nigeria helped transform the company into the supermajor IOC we know today. Now, 63 years after producing […]

Oilfield Africa - Thursday December 30, 2021
Savannah Energy Signs Spas with Exxon Mobil and Petronas

Savannah Energy has signed a Share Purchase Agreement (SPA) with Exxon Mobil Corporation, ExxonMobil International Holdings, Inc. and Esso Exploration Holdings, Inc. and has separately signed an SPA with PETRONAS (E&P) Overseas Ventures SDN. BHD,relating to the purchase of each of their entire upstream and midstream asset portfolios in Chad and Cameroon. SPAs both have […]

Oilfield Africa - Wednesday December 22, 2021
Chariot Begins Drilling Operations Offshore Morocco

Chariot has announced the arrival of Stena Don drilling rig at its location in the Lixuslicence, offshore Morocco, to carry out drilling operations on the Anchois gas development project. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbureset des Mines (ONHYM) which holds a 25% interest. Anchois-2 gas appraisal […]

Oilfield Africa - Wednesday December 22, 2021
ENI, Sonatrach Deepens Operational Alliance in Algeria

The Chief Executive Officer of Sonatrach, ToufikHakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and the Ambassador of Italy to Algiers Giovanni Pugliese, have signed  a new oil contract related to the onshore Berkine basin area, where Eni has been a […]

Oilfield Africa - Wednesday December 22, 2021
Perenco rolls out 2022 investments plan, Cap Lopez terminal as top priority,Gabon

Sequel to acquisition of Total Gabon assets of the oil terminal built in Cap Lopez, the oil company Perenco Oil & Gas Gabon has planned to set a new investment approach in 2022 in order to further development of the said assets.  “At the level of Cap Lopez, we will create fantastic synergies for the […]

Oilfield Africa - Wednesday December 22, 2021
Vaalco Spuds First Well in Etame 8H-ST well offshore Gabon

VAALCO Energy has announced that it has commenced its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well. Under a drilling contract announced by VAALCO in early summer, a jack-up rig provided by Borr West Africa Assets Inc., an affiliate of Borr Drilling Limited was recently deployed to the Etame platform and has commenced […]

Oilfield Africa - Wednesday December 22, 2021
Sirius awards drilling contract to Baker Hughes on OML 65 onshore Nigeria

Sirius, the Africa focused oil & gas production and development companyhas announced that it has signed a Memorandum of Understanding (MOU) with Baker Hughes Company Limited. The MOU appoints Baker Hughes as the approved services provider to Phase 1 of the approved work programme (AWP) of the OML 65 Licence, a large onshore block in the western […]

Oilfield Africa - Wednesday December 22, 2021
Shell spuds the Graff-1 exploration well, TotalEnergies drills Venus prospect off Namibia

Royal Dutch Shell a multinational exploration and production company as an operator in partnership with with Qatari state-owned petroleum company, QatarEnergy, and Namibia’s national oil company (NOC), Namcor have announced spudding the Graff-1 oil exploration well in Block 2913A, located in the Orange Basin, offshore Namibia. The drilling was confirmed by National Petroleum Corporation of […]

Oilfield Africa - Wednesday December 22, 2021
Panoro Energy sets new Crude Production records across Africa operations

Panoro Energy ASAhas provided an update on its December crude oil lifting schedule and working interest production.As previously disclosed, Panoro’s fourth quarter lifting schedule comprise of aggregate net volumes to the Company of approximately one million barrels in Equatorial Guinea, Gabon and Tunisia. The Company has to date in the fourth quarter completed aggregate net […]

Oilfield Africa - Wednesday December 22, 2021
Invictus divests 25%stake to Cluff Energy in Zimbabwe

Cluff Energy Africa (CEA) has snatched 25% shareholding in Invictus Energy, the firm that is exploring for oil and gas in Zimbabwe’s Muzarabani District.The transaction entails CEA bankrolling 33,33% of the drilling of Invictus’ first test well, early next year, and ultimately taking over 25% shareholding. The country’s local media reported Invictus has announced that […]

Oilfield Africa - Monday December 20, 2021

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