Galp Energia announced the sale to Angolan company Somoil of its stake in oil exploration and production in Angola, an operation that should be completed in the second half of this year. Galp Energia in its recent media release disclosed an agreement for the sale to the Angolan company Somoil of its oil exploration and […]

Angola’s Agency for Petroleum, Gas and Biofuel (ANPG) and Chevron’s local subsidiary CABGOC have announced the start of production from the Lifua-A project within Block 0. Chevron intends to develop the Lifua reserves via three different phases, Lifua-A, -B, and -C. Phase A relies on a stacked template structure (STS) platform with ten wells, including […]

Africa Oil Corp.  has disclosed that an independent review of the Company’s prospective resources has been completed by RISC Advisory (UK) Limited, in accordance with Canadian National Instrument 51-101 – Standards for Oil and Gas Activities (NI 51-101), the Canadian Oil and Gas Evaluation Handbook (COGE Handbook) and the Petroleum Resources Management System 2018 (PRMS). […]

QatarEnergy and partners have announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia. The Jonker-1X well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine […]

Baker Hughes an energy technology company, has been awarded a major contract to provide subsea equipment and services by Azule Energy for work in the Agogo oilfield, offshore Angola. This award represents the first major new greenfield project awarded in offshore Angola in more than five years. The scope of work includes 23 standard subsea trees, 11 Aptara manifolds, SemStar5 fiber optic controls and […]

Impact Oil & Gas, a privately-owned, Africa-focused, exploration company today announced the imminent commencement of a multi-well drilling programme in Namibia, following the Venus light oil discovery in Block 2913B (PEL 56). Highlights Multi-well programme in Namibia due to commence before the end of February, targeting up to four wells (including the re-entry of the […]

Eni CEO, Claudio Descalzi, and the CEO of Sonatrach, Toufik Hakkar, have signed in Algiers two agreements which outline future joint projects on energy supply, energy transition and decarbonisation. The agreements were signed in the presence of the Prime Minister of Italy, Giorgia Meloni, and the President of the People’s Democratic Republic of Algeria, Abdelmadjid […]

Afentra has announced that it has received approval from the Ministry of Mineral Resources, Oil and Gas for the acquisition from INA-Industrija d.d. (INA) of a 4% interest in Block 3/05 and 4% interest1 in Block 3/05A offshore Angola (the INA Acquisition) pursuant to a sale and purchase agreement between INA and Afentra’s wholly-owned subsidiary, […]

PTTEP  an Angolan Incorporated company (PANG), and subsidiary of PTTEP, has entered into a Sale and Purchase Agreement (SPA) to sell its entire 2.5% participation interest in Block 17/06 Project in Angola to SOMOIL BLOCO 17/06 (SU), S.A., a wholly owned subsidiary of Sociedade Petrolifera Angolana, S.A (SOMOIL). Completion of the sale is expected by […]

Note that the purple and blue areas indicate basin lows, red and white indicate basin highs Reconnaissance Energy Africa Ltd has indicated a planned acquisition of the firstEnhanced Full Tensor Gravity (“eFTG”) survey conducted in Namibia. Operational Update On June 28, 2022, ReconAfrica engaged a leading airborne geophysical survey provider to conduct an eFTG survey over an […]