Panoro Energy has provided an operations update in advance of its third quarter 2025 results. Production and Operations Update Average W.I. production – bopd Q3 2025 9M 2025 Gabon 4,760 … Read More
Category: North Africa
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.
LIBYA: OMV Austria Makea a New Oil Discovery in the Sirte Basin.
The National Oil Corporation (NOC) has announced a new oil discovery by OMV Austria Ltd. – Libya Branch in the Sirte Basin, specifically at well B1 in Block 106/4. Production … 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
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
Valaris Announces Contract Award for Drillship VALARIS DS-12
Valaris Limited has announced today that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract is expected to commence … Read More
LIBYA: Eni Restarts Exploratory Drilling in the Offshore Area Northwest of Contract Area D (MN 41)
Eni North Africa, has resumed its exploration activities in the offshore area northwest of Libya, specifically in Block 16/4, after a hiatus of more than five years. This comeback includes … Read More
EGYPT: Pharos Energy Receives Approval from EGPC for a new consolidated Concession Agreement
Pharos Energy has announced that it has received approval from the Executive Board of the Egyptian General Petroleum Corporation (EGPC) for the consolidation of the El Fayum and North Beni … Read More
EGYPT: ARGAS pioneers first node-based onshore seismic survey with STRYDE
In a ground-breaking move for the Egyptian oil and gas sector, leading exploration services company ARGAS has purchased 30,000 Range+ STRYDE nodes and STRYDE’s Nimble Seismic System, marking the first-ever deployment of … Read More