The European Bank for Reconstruction and Development (EBRD) is supporting the manufacturing industry inEgyptwith a US$ 50 million loan toUnited Metals Company (UMC), a copper rod manufacturer. Copper is a key material and contributes to the green energy transition in Egypt and Africa.
ARA Petroleum Tanzania (APT) has set out a path to first gas at Tanzania’s Ruvuma production-sharing agreement (PSA).
APT was established in 2018 to accelerate the development of the Ntorya area. A farm-in agreement for a 50% working interest was agreed with the operator AMINEX...
Sequel to BW Energy previous update that the MaBoMo production facility has received first hydrocarbons from the Hibiscus field in early April which was followed by the declaration of the well performance being in line with company’s expectation and the Dussafu combined production temporarily...
Invictus Energy said that the company has Completed mudgas analysis program reaffirming presence of light oil, wet gas and condensate and helium in Mukuyu-1 at its 80% owned and operated Cabora Bassa Project in Zimbabwe.
Sidewall core analysis also indicates light oil and gas condensate...
The National Agency of Petroleum, Gas and Biofuels (ANPG) and Azule Energy, in partnership with Equinor, today signed a Production Sharing Agreement (PSA) for Block 31/21. The agreement, which results from the 2021/2022 Limited Offshore Licensing Round, is a significant stride towards advancing exploration...
Orrön Energy AB has disclosed that the Prosecutor’s claim for forfeiture of economic benefits has been increased and now amounts to SEK2,381,300,000.The Company, whichstronglydisputesboththe methodology used by the Prosecutor and theamount of the claimedforfeiture,does not see any circumstances in which the claim for forfeiture...
EL SEWEDY Cables Qatar, a 73.4% subsidiary owned by Senyar Industries Qatar Holding W.L.L., one of Qatar’s leading industrial groups in which Elsewedy Electric is a 50% shareholder, received provisional Letter of Award of a project with a value exceeding USD 328 million.
The crude oil production from Cote d’ivoire has increased owing to kick off of production from Eni Baleine Field. Eni has disclosed its operations in field located in the waters offshoreCôte d’Ivoire has started production of oil and gas. According to the via its...
Namibia a South African country with a population of about 2.6 million people is abundant hydrocarbon reserves with an estimated value of about 11 billion barrels of oil as recently discovered offshore fields, with TotalEnergies’ Venus-1X find making up almost half of the total,...
Scirocco and ARA Petroleum Tanzania (APT) have executed amendments to extend the longstop date of the proposed Ruvuma transaction from 31 August 2023 to 30 September 2023. The reason for the extension of the amendments is owing to the significant progress made so far...
Sequel to the successful completion of its CB23 2D seismic acquisition program at its 80% owned and operated Cabora Bassa Project in Zimbabwe, Invictus Energy Limited has disclosed the commencement of the Exalo Rig 202 mobilisation to Mukuyu-2 wellsite at its 80% owned and...
TWMA a drilling waste management specialist has been awarded a contract worth up to $15 million to support a large-scale oil and gas project for bp in Egypt. The company will employ its award-winning RotoMill drill cuttings processing technology to process all drilling waste...
Reconnaissance Energy Africa Ltd (ReconAfrica) a Canadian oil and gas company engaged in the exploration and development of oil and gas in Northeast Namibia and Northwest Botswana announced that it has received its Environmental Clearance Certificate (ECC) from the Office of the Environmental Commissioner,...
Africa Oil has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and on trend with the Venus, Graff, La Rona and Jonker oil discoveries, for an additional 6.25% interest.
Kinetiko Energy, an Australian gas explorer and developer focused on advanced shallow conventional gas and coal bed methane in South Africa, has disclosed the following update on its onshore gas exploration and production development activities.
Core well 272-01C and 272-02C spudded in early May and...
Predator Oil & Gas Holdings the Jersey based Oil and Gas Company with near-term gas operations focused on Morocco has announced an interim drilling update for the MOU-3 well appraising the Moulouya Fan primary reservoir target for which contingent gas resources have been previously...
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