Corcel has provided an update on the drilling results of the Tobias-14 (“TO-14”) well in the onshore Block KON-11, in Angola where it has a 20% working interest (18% net). The Operator is Sonangol, one of the largest national hydrocarbon producers in Angola. Tobias-14 Initial Results The TO-14 well penetrated the entire Binga reservoir section […]

The National Agency for Oil, Gas and Biofuels and Azule Energy has signed the Risk Service Contracts (RSCs) for offshore Blocks 46 and 47 in partnership with Equinor and Sonangol Pesquisa e Produção, S.A. (Sonangol P&P), and for Block 18/15 in partnership with Sonangol P&P.  The RSCs, resulting from direct negotiations, represent another positive development […]

Sintana Energy  has given drilling  update regarding Petroleum Exploration Licenses 83 (‘PEL 83’) and 90 (‘PEL 90’) located in the heart of Namibia’s Orange Basin which is emerging as one of the world’s most prospective oil and gas regions. PEL 83 Sintana refers to a press release published by Custos Energy (Pty) Ltd. (together with […]

88 Energy the execution of a three stage farm-in agreement with a wholly-owned subsidiary of Monitor Exploration Limited (Monitor) to earn up to a 45% non-operated working interest in onshore Petroleum Exploration Licence 93 (PEL 93), located in the Owambo Basin, Republic of Namibia. Farm-In Agreement detail The Farm-In Agreement is between Eighty Eight Energy […]

Afentra has received approval from the Government of Angola for the acquisition from Sonangol Pesquisa e Producao S.A. (‘Sonangol’) of a 14% non-operating interest in Block 3/05 and a 40% non-operating interest in Block 23, offshore Angola (the ‘Sonangol Acquisition’) pursuant to a sale and purchase agreement between Sonangol and Afentra’s wholly-owned subsidiary, Afentra (Angola) […]

Corcel  has witness successful progress on the drilling results of the Tobias-13 (“TO-13”) well in onshore Block KON-11, in Angola, where the Company has a 20% working interest (18% net). The operator is Sonangol, the largest hydrocarbon producer in Angola. Antoine Karam, Executive Chairman of Corcel, commented: “The initial results of the TO-13 well are an […]

Africa Oil has noted Impact Oil and Gas disclosure on positive drill stem test (“DST”) results for the Venus-1X well, the major light oil discovery on Block 2913B. The Company also has further provided update on exploration and appraisal activities on Block 2913B and 2912, both located in the Orange Basin, offshore Namibia. Block 2913B […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) have disclosed the agency preparedness in launching the country next onshore licensing bid round  this month end. The agency in its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola, has recently […]

Afentra plc an upstream oil and gas company listed on AIM and focused on acquiring production and development assets in Africa, has stated that, further to the announcement made on 19 July 2023 regarding the proposed acquisition of interests in Block 3/05 and Block 3/05A from Azule Energy Angola Production B.V.  and the amendment to […]

Oceaneering International has disclosed that its Offshore Projects Group (OPG) segment has been awarded two international contracts, with combined total value in excess of $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project. The scope of work includes air and saturation diving services, […]