News
May 20, 2024
Halliburton is inviting eligible local companies to submit an Expression of Interest for the supply of goods and services across the oil and gas industry to assess local interests and capabilities, connecting players to projects. Following submissions, a competitive bidding process will lead to the selection of preferred and alternative suppliers.
News
May 19, 2024
Africa is home to five of the top 30 oil-producing countries and its proven oil reserves amounted to around 120 Bbbl at the end of 2022. This will be crucial to meet the growing global demand for oil, which is expected to rise to 116 MMbpd by 2045.
News
May 19, 2024
Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 60 km of rigid pipelines and of the subsea facilities at a depth of around 1,100 m, and the transportation and installation of flexible flowlines, jumpers and 17 km of umbilicals.
News
May 15, 2024
The offshore discovery was made in the Kizomba B development area in Block 15. Drilling took place between February and April 2024, in water depths of 1,200 m. The well encountered reservoirs of Miocene age, and reached a final depth of 3,013 m.
News
May 14, 2024
Production, which began on May 6, 2024, with 6,000 bpd, is expected to be ramped up to 40,000 bpd by May 27th, 2024.
News
May 12, 2024
Existing production infrastructure supports the development of new concessions in Angola, as the country seeks large-scale upstream investments to boost oil production.
News
May 10, 2024
Preliminary evaluation indicates gross recoverable reserves of 5 - 6 MMbbl of oil and approximately 14 MMbbl of oil in place.
News
May 09, 2024
Nigeria's approach aligns with global energy sustainability goals, considering environmental, social, and governance factors. The initiative aims to boost oil and gas reserves, production, gas utilization, employment opportunities, technology transfer, and investment attraction.
News
May 07, 2024
The plan is to drill two high-impact exploration wells as part of a work program in the area, with the first well expected to spud by the end of 2024. The agreement also provides Azule Energy with an option to become the operator of PEL85.
News
May 07, 2024
Mauritania is pushing to fast-track BirAllah offshore field, which holds about 80 Tcf of natural gas. Development of the discovery would include liquefied natural gas and providing domestic supplies, with the goal of reaching first gas by 2030.
News
May 02, 2024
The company, serving as operator with a 75% stake alongside ONHYM at 25%, has initiated drilling at the Gaufrette prospect with the spudding of the RZK-1 well.
News
April 30, 2024
Filipe Silva, CEO of Galp, said, “We have encountered significant light oil columns in high quality reservoir conditions, placing Mopane as a potential major commercial discovery. This should support the growth profile of Galp for the next decades to come, as we gradually lower the carbon intensity of our downstream businesses."
News
April 30, 2024
The proceeds will be used to finance BW Energy’s growth strategy, including the continuing development projects in Gabon.
News
April 30, 2024
Chevron will take an 80% operating working interest in an offshore block in Namibia’s Walvis basin, a promising new frontier that could yield massive amounts of undiscovered resources.
News
April 26, 2024
In the past two years, TotalEnergies, Shell Plc and Galp Energia SGPS SA have made finds off the southwest coast of Africa that turned sparsely populated Namibia into a hotspot for exploration. While no field has yet been given the green light for development, hopes are high in the country that an economic boom similar to that seen in Guyana could be on the cards.
News
April 25, 2024
This month, Nigerian National Petroleum Co. Ltd. (NNPC) restarted production from Nigeria’s Awoba field and began production from the country’s Madu field, adding 32,000 bpd to the country's production.
News
Sintana Energy expands exploration efforts offshore Namibia following recent oil and gas discoveries
April 25, 2024
PEL 79 presents a unique opportunity to expand Sintana’s exposure to Namibia’s Orange basin, as it’s one of the last remaining licenses not operated by a private operator.
News
April 24, 2024
Upon completion of the transactions, Trident Energy will hold an 85% working interest in the Nkossa and Nsoko II fields, a 15.75% working interest in the Lianzi field, and will take over the operation of these fields. Trident Energy will also retain a 21.5% working interest in the Moho–Bilondo field.
News
April 24, 2024
Rhino Resources holds operatorship of Block 2914A (PEL 85). This block in the Orange basin boasts significant potential. It is strategically located less than 20km from the nearest discovery and amidst multiple Namibian discoveries made over the last two years. The block’s proximity to other international operators further underscores its strategic relevance.
News
April 24, 2024
TotalEnergies SE, Shell Plc and Galp Energia SGPS SA have made multiple finds offshore Namibia in the past two years. The government has said it would consider joining the group if the discoveries turn out to be significant.
News
April 22, 2024
Since being awarded the contract on May 10, 2023, Techouse engineered, constructed and delivered the SRU in less than 12 months. Sulfate removal is a technology used by the oil and gas industry to produce low sulfate water for injection in offshore wells.
