News
December 21, 2022
The revised initial exploration period will now expire in January 2024. Three additional periods totaling six years are available after the current period, with further possible extensions thereafter.
News
December 15, 2022
The Minister argued that fossil fuels have an important role in the global energy transition and stand to bring reliable energy to the hundreds of millions of Africans who lack access to energy. He spoke about how the exploitation of the continent’s natural resources will establish an independent path toward an inclusive energy transition.
News
December 14, 2022
The most recent South Sudan acquisition is set to usher in new opportunities for energy security and affordability in Africa on the back of new exploration and production drives by independents.
News
December 12, 2022
Nigeria’s oil production increased by almost 15% during November following the restoration of operations at Shell Plc’s Forcados terminal.
News
December 12, 2022
ADC Energy will provide operational assurance and acceptance services for rig equipment, dynamic positioning, marine and well control, and ROV activity.
News
December 09, 2022
VAALCO Energy, Inc. provided an operational update including clean-up information on the North Tchibala 2H-ST well and more on Dec. 9.
News
December 07, 2022
A subsidiary of MRS Holdings Ltd provided the Nigerian National Petroleum Co. $300 million to buy two shallow-water licenses divested by Chevron, according to the state-owned company’s most recent financial statements.
News
December 02, 2022
TotalEnergies SE has applied for environmental authorization toward developing its gas discoveries offshore South Africa. Development of the block could potentially revive state-owned PetroSA’s 45,000-barrel-a-day Mossel Bay gas-to-liquids plant, which has run out of feedstock.
News
November 29, 2022
Angola’s Ministry of Mineral Resources, Petroleum and Gas and Namibia’s Ministry of Mines and Energy signed a memorandum of understanding to enhance bilateral cooperation in the petroleum and natural gas sector and improve the mutual social, economic and environmental interests between the two countries.
News
November 29, 2022
Perenco has discovered oil with an exploratory well offshore Congo-Brazzaville, raising the prospect of a new geological play, the company said on Monday.
News
November 29, 2022
Exxon Mobil’s recent discovery in Block 15 off Angola in the Bavuca South prospect adds further credence to the notion that Africa is a significant contender in future energy markets, according to the African Energy Chamber.
News
November 28, 2022
Sercel announced on Monday the sale of its 80,000-channel 508XT acquisition system and 24 Nomad 65 Neo broadband vibrators for deployment on a 3D mega-crew seismic survey in North Africa in late 2023.
News
November 22, 2022
Namibia has updated rules for applicants searching for minerals in the southern African nation — where TotalEnergies SE and Shell Plc both discovered oil this year — to deter companies from selling licenses for a profit rather than exploring the blocks, a government official said.
News
November 20, 2022
The area of interest in the deep-water Orange Basin is located offshore between Port Nolloth and Hondeklip Bay, about 188 km (117 miles) from the coast at its closest point, in water depths of as much as 3,000 meters.
News
November 17, 2022
The Democratic Republic of Congo must be compensated if it’s to halt plans for oil and gas drilling in the world’s biggest tropical peatlands, which store three years of annual global carbon emissions, the country’s vice prime minister for environment said.
News
November 07, 2022
The well encountered 30 m (98 ft) of high-quality, hydrocarbon-bearing sandstone. It is located approximately 365 km northwest off the coast of Luanda and was drilled in 1,100 m (3,608 ft) of water by the Valaris DS-9 rig.
News
November 07, 2022
Tanzania will sign key agreements with oil majors including Equinor ASA and Shell Plc next month to pave the way for a planned $40 billion liquefied natural gas export project, according to the nation’s Energy Minister January Makamba.
News
November 01, 2022
OPEC’s crude production held steady last month after the group pledged a symbolic cutback to stabilize market sentiment, with output up 30,000 bpd to 29.98 million barrels ahead of deeper cuts this month.
News
October 21, 2022
Coastline Exploration Limited confirmed it has received final authorization for it to proceed with its exploration program from the competent authorities within the Federal Government of Somalia
News
October 21, 2022
Exports from Shell Plc’s Forcados oil terminal in Nigeria resumed after a 10-week interruption, offering a boost to the government amid tumbling crude production this year.
News
October 11, 2022
Nigeria’s oil output continued to fall in September as some onshore production ground almost to a halt, according to government data.
