The National Oil, Gas and Biofuels Agency, as a national concessionaire, has announced its intention to hold an international tender for the award of new oil concessions in Angola on April 30, 2021.There are nine blocks that are going to tender: three in the Terrestrial Basin of Lower Congo and six in the Terrestrial Basin […]

Total, operator, and its partners Equinor, ExxonMobil and BP have signed an agreement with national oil, gas and biofuels agency ANPG and state-owned Sonangol of Angola, to extend their consortium’s production licenses to 2045. As part of the agreement, Sonangol will obtain a 5% interest in Block 17 on the effective date and an additional […]

ReconAfrica announced a highly anticipated operations update, confirming that it has spudded the high impact 6-2 exploration well on the Company’s Petroleum Exploration License 73 (PEL) in Namibia. The well is the first of three planned exploration wells to evaluate the presence of an active conventional system in the Kavango Basin. While geochemical work and […]

The election of Angola to the rotating presidency of the conference of ministers of OPEC has thrust Minister Diamantino Pedro Azevedo, Minister of Mineral Resources, Petroleum and Gas of Angola to the forefront of efforts to stabilize global oil markets in 2021. The assumption of the Presidency of OPEC by H.E Diamantino could not have […]

Affiliates of Exxon Mobil Corporation (ExxonMobil) and world’s leading independent tank storage company Royal Vopak (Vopak) have signed a Memorandum of Understanding (MOU) to work together on a feasibility study to assess the commercial, technical and regulatory aspects of an LNG regasification terminal in South Africa, to bring LNG into the country.  ExxonMobil and Vopak […]

After successfully being converted to a hybrid, low-emission rig, Maersk Intrepid has entered operations as the first Maersk Drilling rig to feature this set of upgrades. Maersk Intrepid is currently working for Equinor on the Martin Linge field where the ultra-harsh environment jack-up in November this year commenced its first drilling operation with the full […]

Tower Resources has said that it had entered into the second exploration period through its subsidiary Rift Petroleum, together with New Age as the operator. Tower also noted the recent announcements from Total and Africa Energy regarding the results of the Luiperd-1X well results of the Luiperd-1X well, which has reported a further significant gas condensate […]

The Luiperd-1X well was opened to flow on November 1, 2020. After several tests at different choke settings, the well reached a maximum constrained flowrate through a 58/64″ choke of 33 million cubic feet per day of natural gas (“MMcfpd”) and 4,320 barrels of condensate per day (“bcpd”), an aggregate of approximately 9,820 barrels of oil […]

Africa Oil Corp a Canadian oil and gas company with producing and development assets in deepwater Nigeria; development assets in Kenya; and an exploration/appraisal portfolio in Africa and Guyana has concluded the  drill stem test results for the Luiperd-1X well, the second major discovery on Block 11B/12B offshore South Africa. The Company holds an indirect interest in the project as a result of […]

 Global Petroleum Limited is pleased to announce the following update: Regarding its licence PEL0094 (Block 2011A), the Company recently purchased historic 2D seismic data in order to improve interpretation of its Marula prospect in the western part of Block 2011A. Separately, Global has also acquired 2D seismic data over the relatively underexplored eastern part of […]