Member Countries Asssured of the Protection of their Interest in the Africa Energy Bank – APPO

APPO’s Secretary General (SG), H.E. Dr Omar Farouk Ibrahim, has assured Member Countries of the protection of their interest in the Africa Energy Bank. Delivering a goodwill message at the … Read More

MOROCCO: Sound Energy Announces its Audited Final Results for the year ended 31 December 2022.

HIGHLIGHTS Development of the Moroccan Tendrara Production Concession ·      Phase 1 Micro LNG project o  Signing of the Notice to Proceed in February 2022 o  Drawdown of the Loan Note subscription with Afriquia … Read More

EGYPT: Subsea Integration Alliance Awarded Raven Infills Project Contract

Subsea 7 S.A. has announced the award of a substantial contract to Subsea Integration Alliance by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt.    … Read More

TUNISIA: Serinus Energy Reports Commencement of Workover Operations at Sabria N-2 Well

Serinus Energy plc has announced that the CTF-004 rig has completed rig-up and commencedworkover operations on the Sabria N-2 well in Tunisia. This operation will recomplete the N-2 well andremove … Read More

EGYPT: SDX Energy Provides Operating Results for the 12 months ended 31 December 2022

Full year 2022 key results: ·      Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. ·      EBITDAX of US$24.6 million and operating cash flow (before … Read More

TUNISIA: Beender Acquires Minority Share in Panoro’s Business

Panoro Energy has announced that it has entered into a definitive agreement with Beender Tunisia Petroleum Limited to acquire its 40 percent shareholding in Sfax Petroleum Corporation AS for a … Read More