LIBYA: TGS Signs Letter of Intent with Subsidiary of National Oil Corporation

TGS has announced the signing of a Letter of Intent (LOI) with North Africa Geophysical Company, (NAGECO),a subsidiary of the Libya National Oil Corporation (NOC), marking an important step toward … Read More

High-impact Wells: Africa Will Continue to Drive Global Drilling Activity in 2026

The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for … Read More

MOROCCO: Sound Energy Provides Tendrara Development, Anoual Exploration Permits Operational Update

Sound Energy has announced the following operational update on the Tendrara Phase I Production Concession and Anoual Exploration Permits. Tendrara Gas Gathering System Commissioning Further to our announcement of 8 December 2025 … Read More

LIBYA: TotalEnergies Signs the Extension of the Waha Concessions until 2050

On January 24th, during the Libya Energy & Economy Summit in Tripoli, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies signed an agreement extending the Waha Concessions up to … Read More

EGYPT: Viridien & SLB announce agreement with EGAS for large multi-client OBN program over Eastern Mediterranean Offshore

Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging program in Egypt’s … Read More

EGYPT: Rashid Petroleum Plans to Double Gas Production by 2029/2030

Rashid Petroleum Company held an expanded meeting to present the five-year plan (2025–2030) for the company and its affiliated companies, which include Burullus Gas Company and West Mena Gas Company, … Read More