Senegal: Investors Should Look Onshore
Senegal is the hotspot for energy investment in West Africa right now, owing to a string of huge offshore hydrocarbons discoveries since 2014 (as well as its compelling renewables potential). … Read More
NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI
Heirs Holdings the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% … Read More
SUDAN: Geological Research Authority Sign MoU with the Nile Valley University
The General Authority for Geological Research signed a memorandum of understanding with Nile Valley University in a number of geological fields in the presence of the Undersecretary of the Minerals … Read More
Kenya Upstream Sector Activity to Remain Dismal Unless Government Renews or Extends Expired Licenses
The Kenya upstream sector will continue to witness a depressed environment with most planned activities unlikely to continue after multiple drill ready prospects in various licenses remain unattended after expiry … Read More
Energy Institute Hosts IP Week 2021: From Crisis to Low Carbon Opportunity – A Decade of Delivery for the Oil & Gas Industry
This coming decade will be defined by three historic, global challenges: building a resilient recovery from the devastating COVID-19 pandemic; achieving the UN goal of universal access to energy for … Read More
NAMIBIA: BW Energy Limited, NAMCOR Sign a Farm-In for Kudu license
BW Kudu Limited, a wholly owned subsidiary of BW Energy Limited and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Farm-In and Carry Agreement. The agreement increases BW … Read More
EGYPT: Pharos Energy Provides Operational Update
El Fayum Production Production for 2020 from the El Fayum Concession averaged 5,270 bopd. This is in line with the Egypt 2020 production guidance given on 12 May 2020 of … Read More
EGYPT: United Oil and Gas Provides Quarterly Production Report
United Oil & Gas offers a quarterly production update for the period to the end of 2020. · United’s H2 2020 net working interest production averaged 2,340 boepd in line with … Read More
NAMIBIA: ReconAfrica Spuds the (6-2) well in the Deep Kavango Basin
Reconnaissance Energy Africa Ltd. (ReconAfrica) has commenced drilling operations on the first well (6-2), of an initial three well program, in the deep Kavango Basin in the Kalahari Desert of … Read More
Gas Year 2020 Review: Global Gas Production Exceeded Demand
2020 was a year that hurt demand for all fuels, and natural gas was no exception. As the year concluded, Rystad Energy has analyzed all of the year’s gas-related activity … Read More