Africa's Oil, Gas and Energy News.
In most cases, the term defines to the portion of the continent that is encompassed by the Red Sea to the East, the Suez Canal, and the Atlantic shores of Morocco to the West. The countries include Morocco, Algeria, Tunisia, Libya, and Egypt.
Full year 2022 key results: · Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. · EBITDAX of US$24.6 million and operating cash flow (before … Read More
Sound Energy, the transition energy company, is pleased to provide a financing update, including in relation to the Company’s Tendrara Production Concession, onshore Morocco. The Company announced on 23 June … Read More
Brian Larkin, CEO, commented: “2022 was filled with extensive corporate and operational activity across our portfolio, all completed with zero LTI’s, TRIR’s and environmental incidents. In Egypt it was a challenging year for United, … Read More
Panoro Energy has announced that it has entered into a definitive agreement with Beender Tunisia Petroleum Limited to acquire its 40 percent shareholding in Sfax Petroleum Corporation AS for a … Read More
ASD-3 Well Spud The ASD-3 development well has now commenced drilling. This well will be drilled approx. 1.2km to the north-west of the ASD-2 well which was drilled in March 2022, … Read More
Cheiron Energy has announced that the Early Production Facility (EPF) for the GNN oil field in the Gulf of Suez has been brought on stream. The GNN field is located … Read More
United Oil & Gas has announced an update on the ASH-8 development well (ASH-8) in the Abu Sennan licence, onshore Egypt. United holds a 22% working interest in the licence, which … Read More
Serinus Energy has reported that the workover to install the first submersible pump for the Artificial Lift programme has commenced at the Sabria field in Tunisia. Additionally, plans for additional … Read More
Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with near-term gas operations focussed on Morocco is pleased to announce that it has conditionally placed 15,500,000 new ordinary shares of … Read More
The NEA/NI development, located in shallow water, offshore Egypt, contains an estimated 39 mmboe[1] of 2P reserves (88% gas) with net working interest production expected to peak at 15 – 20 … Read More
