ANGOLA: PTTEP to sell Block 17/06 Project to SOMOIL
PTTEP has entered into a Sale and Purchase Agreement (SPA) to sell its entire 2.5% participation interest in the Block 17/06 Project in Angola to SOMOIL. Completion of the sale is … Read More
Author: kamau
SOUTH AFRICA: Eco Atlantic Receives Government Approval & Closing of the Acquisition of Additional Interest in Block 3B/4B
Eco Atlantic announces an update, further to its announcement of 27 June 2022, in relation to the acquisition by its wholly owned subsidiary Azinam Limited (“Azinam“) of an additional 6.25% Participating Interest in Block 3B/4B, offshore South … Read More
SOUTH SUDAN: KLG Advises Savannah Energy on $1.25B Acquisition of Petronas Oil & Gas Business
Kirk Lovegrove & Company has advised Savannah Energy PLC on the acquisition of PETRONAS’s entire oil and gas business in South Sudan for a total cash consideration of up to … Read More
SOUTH AFRICA: AMEA Power Awarded the Doornhoek PV 120MW Solar Project
AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced today that it has been awarded a 120MW solar photovoltaic (PV) project in South Africa … Read More
EGYPT: TAG Oil to Spud First Horizontal Well in Q2 2023 at the Badr Oil Field
First Well Re-Completion: TAG Oil has chosen the BED 1-7 vertical well for its first re-completion and evaluation operations in BED-1. The well had previously tested at a peak rate … Read More
BOTSWANA: Tlou Energy Raises £1.7M Placement be Used for Drilling of Gas Production Wells
Tlou Energy Limited has announced that it has received firm commitments to raise A$3,072,864.71 (~£1.695 million, ~BWP 26.485 million) before expenses pursuant to a placing of 87,796,135 new ordinary shares … Read More
TUNISIA: Production Starts at the Tataouine Photovoltaic Plant
Eni has announced the beginning of production at the photovoltaic plant under its operation in Tataouine, southern Tunisia, following connection to the national grid. The event was celebrated today during … Read More
EGYPT: Saipem Awarded Zohr Field Contract
Saipem has been awarded a contract by Petrobel for the transportation, installation and pre-commissioning of 170 km of umbilicals for the Zohr Field, to be transported and installed between the central control … Read More
ALGERIA: Court of Appeal Pronounces Judgment in the Sonatrach 1 Criminal Proceedings against Saipem
Saipem has informs that the Court of Appeal of Algiers has pronounced a judgment in the Sonatrach 1 criminal proceedings, against Saipem Contracting Algérie ongoing since 2010, in Algeria, in … Read More
Savannah Energy Terminates SPA for PETRONAS’ Chad and Cameroon portfolio
Savannah has announced the completion of the proposed acquisition of PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon that remained subject to the satisfaction of certain conditions precedent … Read More