BW Energy, operator of the Dussafu Marin licence in Gabon and the Golfinho cluster offshore Brazil, reported EBITDA for the first quarter of 2024 of USD 109.7 million, down from USD 133.4 million in the fourth quarter of 2023, mainly due to lower oil sales in the quarter. Net production from the operated assets was […]

 Chariot Limited, the Africa focused transitional energy group has announced the successful spudding of the OBA-1 well on the Dartois prospect in the Loukos Onshore licence onshore Morocco (Chariot, Operator 75%, ONHYM, 25%). Dartois target has Best Estimated to possess recoverable prospective gas resources of 12 Bcf. The Independent prospect targeting a different trapping style […]

At the Annual General Meeting on May 15th, shareholders approved the change of the parent company name from CGG to Viridien. In 2018, CGG launched a strategy to transition into a technology company. The strategy had three key pillars: First, become asset light, ensure an efficient cost base, and enable the Company to better generate […]

Chariot Limited, the Africa focused transitional energy group, has announced the results from the drilling of the RZK-1 well on the Gaufrette prospect, the first of a two well drilling campaign, in the Loukos Onshore licence onshore Morocco (Chariot, Operator 75%, ONHYM, 25%). The RZK-1 well was safely and efficiently drilled, on time and on budget, to a final […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Commission Chiel Executive Officer, Engr Gbenga Komolafe, has visited Infosys, a renowned global consulting and IT services company in Houston, Texas. This visit was a part of his ongoing engagement with stakeholders in the Oil and Gas industry and technology developers at the 2024 Offshore Technology Conference(OTC). Komolafe’s […]

NNPC Ltd Committed to Building Huge Oil, Gas Infrastructure to Make Sector Thrive The Nigerian National Petroleum Company Ltd (NNPC Ltd.) says it will continue to invest in the development of huge oil and gas infrastructure to make it easy for operators and prospective investors to carry out their business in Nigeria. The Executive Vice […]

Top leadership from NNPC-NGIC, including the EVP, MD, and representatives from the Presidency, conducted a strategic visit yesterday Saturday, May 4th 2024, to the Process Treatment Facility (PTF) site of the ANOH-NNPC Gas Pipeline Project. This visit aims to ensure timely completion by May 2024, aligning with preparations for the Presidential commissioning. President Bola Tinubu is […]

As previously disclosed, BW Group Limited (BW Group) currently owns 191,903,110 shares in BW Energy Limited (BW Energy), corresponding to 74.38% of the issued and outstanding shares and voting rights in BW Energy. As part of a corporate restructuring, BW Group is planning to separate BW Energy, as an oil & gas exploration business, from […]

Panoro Energy ASA is pleased to provide an update on operations at the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per cent participating interest. Gross production averaged approximately 24,840 bopd in Q1 2024 and in Q2 to date has averaged approximately 29,800 bopd, the uplift in output being attributable to start […]

BW Energy, as the operator of the Dussafu Marine licence in Gabon and the Golfinho cluster offshore Brazil, provides an update on its operations and development. The Company will publish financial figures for the first quarter of 2024 on Friday, 24 May 2024. Net production to BW Energy from the operated assets was 2.48 million […]