EGYPT/ MOROCCO: SDX Energy Provides Operational Update

Nine months to 30 September 2020 Operations Highlights  ·      Average entitlement production of 6,646 boe/d, an increase of 90% from the nine months to 30 September 2019 (3,501 boe/d) and 64% higher than average production … Read More

African Countries must develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon

The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on … Read More

EGYPT: TransGlobe Provides Operational Update Eastern & Western Desert

EASTERN DESERT West Gharib , West Bakr, and North West Gharib (100% working interest, operated) Operations and Exploration In Egypt, the Company contracted a workover rig to perform well interventions at West Bakr beginning … Read More

NIGERIA: Seplat Provides Operational Highlights & 2021 Outlook

Operational highlights  ·      Working-interest production within guidance at 50,653 boepd, despite market volatility  ·      Liquids production of 33,327 bopd, gas production of 100 MMscfd ·      Eland OML40/Ubima assets produced 9,151 bopd, 27.5% of … Read More

CrossBoundary Energy Raises $40M to Scale Financed Solar for Businesses in Africa

CrossBoundary Energy (CBE) has announced the exit of its first fund at a 15% net IRR to investors. ARCH Emerging Markets Partners’ Africa Renewable Power Fund (ARCH ARPF) is providing … Read More