News
March 07, 2024
President Bola Tinubu on Wednesday signed executive orders introducing tax credits for some onshore and shallow-water locations and streamlining contract approvals, the government said in a statement on X. The measures also include some local-content requirements.
News
March 06, 2024
Located within the prolific Orange basin, 200 km off the western coast of South Africa, Block 3B/4B covers an area of 17,581 km2. Block 3B/4B is adjacent to the DWOB license operated by TotalEnergies (50%) alongside QatarEnergy (30%) and Sezigyn (20%).
News
March 04, 2024
Following the two gas discoveries from the Upper and Lower Angwa reservoirs in recently completed Mukuyu-2 / ST1 drilling campaign, preliminary compositional analysis from fast-tracked downhole reservoir fluid samples has confirmed a rich gas-condensate discovery in Mukuyu.
News
March 01, 2024
Optimism that President Bola Tinubu’s arrival in office in May would expedite deals in Africa’s biggest oil producer is starting to dissipate.
News
February 29, 2024
Aminex announced that interpretation of recently-acquired 338 km2 3D seismic dataset over the Ruvuma PSA has improved the in-place volumetrics for the Ntorya natural gas discovery and revealed a significantly higher resource potential in the wider license area than previously identified on the existing sparse 2D database.
News
February 29, 2024
Svenska’s primary asset is a 27.39% non-operated working interest in the deepwater producing Baobab field in Block CI-40, offshore Cote d’Ivoire in West Africa. The gross consideration for the acquisition is $66.5 million.
News
February 29, 2024
Perenco and its services subsidiary, Dixstone, have successfully designed and built a shallow water barge specifically for the campaign. The barge will complement Dixstone’s LUG platform, which over the past five years has delivered in excess of 16 MMboe in Cameroon.
News
February 27, 2024
The well completion operation was performed utilizing a Remotely Operated Controls System (ROCS) that has been supplied by Norwegian technology company Optime Subsea.
News
February 26, 2024
Helix will provide the Q4000, a DP3 riser-based semi-submersible well intervention vessel, a 10k Intervention Riser System (IRS), remotely operated vehicles, project management, and engineering services to cover fully integrated well intervention services from production enhancement to plug and abandonment.
News
February 25, 2024
To date, all surveying activity has been completed, with demining activities complete on the Damara Fold Belt Prospect L, which is expected to be the company’s first drilling location with an expected spud date in June 2024.
News
February 21, 2024
The Hylia South West field is now producing 6,000 bopd from the HYSM-01 well, a material increase since the start of production in October 2023, less than one year after the discovery.
News
February 20, 2024
Sitting on an estimated 203 Tcfg, Nigeria is on a mission to monetize its natural gas resources and become a leading LNG exporter to global markets. Yet to accelerate exports, the country requires substantial investment in deepwater natural gas projects and infrastructure development.
News
February 18, 2024
Set to deliver first LNG cargo this quarter, the Republic of Congo is transforming its industry through gas-focused investments and new E&P programs.
News
February 18, 2024
The acquisition reflects Gabon’s broader oil and gas sector revitalization strategy, which will be explored at the upcoming Invest in African Energy (IAE) forum in Paris this May.
News
February 15, 2024
GTA Phase 1 is set to produce around 2.3 million tonnes of LNG per year. The innovative project is expected to produce LNG for more than 20 years, enabling Mauritania and Senegal to become a global LNG hub.
News
February 13, 2024
The Sangomar Field Development Phase 1 includes a stand-alone FPSO with subsea infrastructure and an expected production capacity of approximately 100,000 bpd.
News
February 12, 2024
Petrobras acquired a 45% stake in interest in blocks 10 and 13 and a 25% interest in block 11, located in São Tomé and Príncipe, Africa.
News
February 09, 2024
Exxon’s key asset is the Zafiro field, which produced more than 1 Bbbl over more than 20 years. In 2022, Exxon announced plans to retire the field’s platform after it was shut down due to a safety incident.
News
February 08, 2024
President Geingob's life was characterized by a deep devotion to public service, marked by his years of service to Namibia, including his tenure as Prime Minister and as President.
News
February 07, 2024
Located 135 km offshore, Akpo West is tied back to the existing Akpo Floating Production Storage and Offloading (FPSO) facility, which started-up in 2009 and produced 124,000 boed in 2023. By mid-2024, Akpo West will add 14,000 bbl of condensate production per day, to be followed by up to 4 MMcmg by 2028.
News
February 04, 2024
President Samia Suluhu Hassan is pushing for Tanzania to boost production of natural gas and build pipelines to export it to neighboring countries including Uganda, Zambia, Kenya and the Democratic Republic of the Congo in a bid to accelerate economic growth.
