BW Energy is at the concluding phase of achieving a revised development plan for the Kudu gas field offshore Namibia. The new development plan for the gas-to-power project will use a repurposed semisubmersible drilling rig as a Floating Production Unit. The Company has signed an agreement to acquire the semisubmersible drilling rig, from Aquadrill LLC for a total consideration of USD 14 million. Repurposing will enable an optimisation of the project timeline and significantly reduce capital investments compared to previous development concepts. “The revised development concept offers tangible financial, schedule and environmental benefits. The re-use of existing facilities also supports a substantial reduction in field development related greenhouse gas emissions compared to a new-build . “We have consequently decided to take advantage […]

TotalEnergies E&P Angola has exercised an option for the 7th generation drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days, which means that Maersk Voyager is now contracted until February 2022.  The work on Ondjaba-1 commenced in October 2021, after which […]

In the occasion of the recent meeting held between the President of the Republic of Angola JoãoGonçalvesLourenço and the CEO of Eni Claudio Descalzi, Eni Angola, ANPG and Sonangol, a Memorandum of Understanding (MoU) for the joint development of the agro-biofuel sector in the country has been signed. Under the MoU, Eni, ANPG and Sonangol […]

The Angola’s Agency for Petroleum, Gas and Biofuels (ANPG), has finally announced the winners of onshore lower congo and kwanza basin oil block, acting as a National Concessionaire, in accordance with Decree No. 86/18, of 2nd April, which establishes the Rules and Procedures for Tenders for the Acquisition of the Status of the Associate of […]

The National Agency for Petroleum, Gas and Biofuels (ANPG), the National Concessionaire, and the Italian operator Eni confirm the entry into production of the Cabaça Norte development project , in Block 15/06, located in Angolan deep waters, through the Armada Olombendo floating production, storage and transfer unit (“FPSO”) . The development of Cabaça Norte, with an expected production peak of around […]

Reconnaissance Energy Africa Ltd. (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia) has being granted approval of a one year extension on the First Renewal by the Ministry of Mines and Energy (MME)  the Period of 29 January 2022 to 29 January 2023 ,this is relating to the approximate 6.3 […]

Finally, Natacha Massano, Executive Administrator of Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) announced the concessionaire´s satisfaction with the bid round results at AOG 2021 that took place in Luanda on September 9-10; ANPG will award the concessions on September 23, 2021, to bid round winners; The announcement was made at AOG 2021, organized […]

Promoting new concession attribution processes that do not depend on the terms and modalities contained in the General Concession Attribution Strategy in force, approved by Presidential Decree 52/19, of 18 February, is the main objective of the Permanent Offer Regime. Given the need to replace reserves and increase the exploitation of oil resources in Angola, […]

ReconAfrica and its joint venture partner the state oil company of Namibia NAMCOR have provided preliminary analysis of the first well drilled (the 6-2 well) in the Kavango basin by Core Laboratories  and Netherland Sewell & Associates Inc. Log and Core Analysis The NSAI petrophysical study, the first in the Kavango basin, has identified five […]

Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR (the state oil company of Namibia)  have announced successful completion of drilling operations of the second stratigraphic test well (6-1) in the Kavango basin of NE Namibia. The 6-1 well is now being prepared for wireline logging. Multiple logging runs will be made and up […]