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Tower Resources plcthe AIM-listed oil and gas company focused onAfrica, is pleased to provide an update on the farm-out process in respect of its Thali production-sharing contract inCameroon(the "PSC").
The Company is also announcing a placing of 4,401,851,851 ordinary shares of 0.001p each...
Sonatrachhas signed two separate memoranda of understanding (MoU) to conduct studies for the development of an integrated project for the production of green hydrogen and derivatives in Algeria, in order to supply mainly the European market.
The first MoU is with Sonelgaz (Algeria),...
Egypt’s Khalda Petroleum Company (KPC) has announced a significant new oil discovery in the West Fewebs-1 at the Kalabsha development area of Egypt’s Western Desert, according to a statement issued by the Ministry of Petroleum and Mineral Resources.
The well was tested...
Africa Oil Corp.has announced the completion of Africa Oil SA Corp.’s (AOSAC) strategic farm down agreement with TotalEnergies EP South Africa S.A.S. and QatarEnergy International E&P LLC. for the Orange Basin Block 3B/4B, offshore South Africa, announced on March 6, 2024. AOSAC is...
Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, has announced a new incentive package aimed at encouraging increased production of crude oil and natural gas, as a primary goal that the sector is working on in cooperation with partners in the fields...