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.
Petrofac has won its first new energies project in Egypt with an in-country subsidiary of Egypt-focused Mediterranean Energy Partners (MEP). The project is an early-stage study assessing the feasibility of … Read More
The ASD-2 development well, which was drilled to test the north-western culmination of the commercial discovery in the ASD field last year, safely reached total depth of 3,631 metres. The … Read More
Companies operating gas-producing assets in North Africa have started targeting the commodities-strapped European market as geopolitical tensions escalate as Russia continues its offensive in Ukraine. The companies hope to ride … Read More
Zenith Energy has said that a workover rig will shortly be mobilized to the Robbana concession (onshore Tunisia) to commence operations in well Robanna-1 (ROB-1). The workover rig will re-enter ROB-1 … Read More
Sound Energy has announced an extension to the date by which the conditions to its binding gas sale and purchase agreement (the “GSA”) in respect of the Phase 2 development … Read More
The Chairman of the Board of Directors of the National Oil Corporation, Eng. Mustafa Sanalla and the Chairman and CEO of the British Oil Company, Mr. Bernard Looney held a … Read More
SDX Energy has announced the spudding of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease. SD-5X spudded on 4 March 2022 and is expected … Read More
Egyptian net present value of future net revenues (2P reserves discounted at 10%, forecast pricing, after tax) increased to $289 MM, 155% higher compared to 2020, principally due to the … Read More
• 75% interest and operatorship of the Rissana licence awarded to a wholly owned subsidiary of Chariot Limited in partnership with the Office National des Hydrocarbures et des Mines (ONHYM) … Read More
SDX Energy has announced the completion of drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt. MSD-25 encountered the primary top Asl … Read More
