ANGOLA: Corcel Receives Permit for Seismic Acquisition and Exploration Drilling at KON-16 

Corcel has confirmed that, further to the announcement made on 30th April 2025, it has now received final ministerial approval of the Environmental Impact Assessment (EIA), granting the full Environmental Licence … Read More

EQUATORIAL GUINEA: Searcher Commences Major Seismic Reprocessing Initiative Covering 8,500 km of Offshore Data 

Searcher, a leading provider of global geoscience data solutions, has announced the launch of a major seismic reprocessing initiative covering 8,500 km of offshore data in Equatorial Guinea. The project aims … Read More

EGYPT: TAG Oil Awarded Petroleum Services Agreement for Development in Southeast Ras Qattara Concession

TAG Oil Ltd has announced that it has received approval to enter into a petroleum services agreement by the Egyptian National Petroleum for Exploration and Development Company (ENPEDCO) for the … Read More

EGYPT: Capricorn Receives $50m from the Egyptian General Petroleum Corporation

Capricorn has announced that it has received $50m from the Egyptian General Petroleum Corporation (EGPC). Since 30 June 2025, the Company has received a total of $102m, and its accounts receivable is approximately … Read More

ALGERIA: Petrojet Receives Provisional Award for the Hassi Bir Rekaiz Field Phase II Development Project

Petrojet has announced receiving a provisional award for the Phase II Development Project of the Hassi Bir Rekaiz Field in Algeria. The project will be executed by a consortium led … Read More

ANGOLA: McDermott Delivers First Subsea Project for TotalEnergies’ Block 17/06

McDermott has announced the safe and successful completion of engineering, procurement, construction, installation, pre-commissioning and commissioning activities for TotalEnergies’ Begonia field development. Located in Block 17/06, approximately 150 kilometers off … Read More

New IEA report lays out pathway to finance universal electricity access in Africa

First-of-its-kind tracking shows investment is rising but remains well below levels needed to close the access gap Insufficient capital is a key obstacle to expanding electricity access for the roughly … Read More