Predator Oil & Gas, the Jersey based Oil and Gas Company with near-term gas operations focused on Morocco has disclosed progress towards the commencement of drilling of the high impact/high reward MOU-2 well in Guercif onshore northern Morocco.

Initial mobilisation of the Star Valley Rig...

Savannah has entered into a Share Purchase Agreement with PETRONAS International Corporation to acquire PETRONAS’ entire oil and gas business in South Sudan through the acquisition of Petronas Carigali Nile Limited (PCNL), for a total cash consideration of up to US$1.25 billion, subject to...

Sound Energy has release project update on its Phase 1 micro LNG development offshore Morocco and this was followed by an announced on an amendment to the project contract entered into between Italfluid Geoenergy and Sound Energy's wholly owned subsidiary, Sound Energy Morocco East...

Woodside Energy has passed another important milestone for the Sangomar Field Development Phase 1 with the completion of the construction phase for the floating production storage and offloading (FPSO) facility which will be deployed at the field offshore Senegal.

Woodside awarded the contract for supply...

Bp one of world major Exploration and Production Company has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company.

The Northwest Abu Qir Offshore Area - in which bp, the operator, holds 82.75% and Wintershall-Dea...

Invictus Energyhas provided an update on theMukuyu-1 wellthat is currently being drilled in its 80% ownedSG 4571 licencein Zimbabwe’s Cabora Bassa Basin. Cabora Bassa Basin Margin Area holds 1.2 billion barrel prospective oil resource and is operated by Invictus Energy.

Europa Oil & Gas an exploration and production company with special interest in Moroccan oil asset has announcedthattheextensiontotheInitialPeriodoftheInezganeLicenceoffshoreMoroccohasnowcometoanendandEuropahasdecidednottoprogresstotheFirstExtensionPeriod.EuropaisinthefinalstagesofcompletingallitsobligationsforInezganeandexpectstocompletethefinalrelinquishmentreportshortly. Once this final obligation has been satisfied the bank guarantee of US$315,000 will be released and repaid to Europa, following which the Company will have no...

Tower Resources,, the Africa-focused energy company has received financial assistance from a renowned bank to boost activity in respect of its Thali Production Sharing Contract (PSC), in the Rio Del Rey sedimentary basin offshore Cameroon.

Cameroon Financing:

Tower announces that its subsidiary, Tower Resources Cameroon S.A...

PetroNor and Gambia National Petroleum Corporation (GNPC) have signed a Joint Operating Agreement (JOA) for the A4 Licence offshore Gambia. GNPC, as Government licensee, has been assigned a 10 per cent participating interest in the license. The JOA defines the operational boundaries of the...

Chariot Limited, the Africa focused transitional energy company, has formed a new joint venture through a 25% interest in a new South African electricity trading company, Etana Energy (Pty) Limited (Etana) which has been granted an electricity trading licence by the National Energy Regulator...

Independent oil and gas company, Perenco, has been driving an ambitious natural gas expansion agenda in Africa, recognizing the role the resource plays in meeting growing demand, kick-starting industrialization and socioeconomic growth while accelerating the transition to a clean energy future. The company’s gas...

An Italian energy giant Eni and its counterpart Angolan Sonatrach have shown financial commitment towards global emission reduction. This commitment was demonstrated recently in Algeria as the CEO of Eni Claudio Descalzi and the CEO of Sonatrach Toufik Hakkar witnessed the inauguration of the...

Shelf Drilling, Ltd has disclosed that it has secured an extension on the Shelf Drilling Tenacious jack-up rig in direct continuation of its current contract for drilling operations offshore Angola until November 2023. The contract includes an additional one-year option.

In mid 2021, the Jack-up...

The largest wind farm in Africa will soon be built in the Gulf of Suez in Egypt. The agreement for its development was signed recently between French independent power producer (IPP) Engie, Egyptian Electricity Transmission Company (EETC) and the New & Renewable Energy Authority...

United Oil & Gas has announced an update on the testing of the ASH-4 development well in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt.

Brian Larkin, CEO commented: "We...