EGYPT: QatarEnergy signs MoU for gas cooperation in the Eastern Mediterranean

QatarEnergy signed a Memorandum of Understanding (MoU) with the Government of the Arab Republic of Egypt and ExxonMobil to study enabling the potential development and commercialization of gas discoveries in … Read More

EGYPT: Capricorn Announces Ministerial Signing of Merged Concession Agreement

Capricorn announces that the Minister of Petroleum and Mineral Resources has signed the consolidated and amended concession agreement covering eight of the Company’s existing Egyptian Western Desert concession agreements in … Read More

EGYPT: TotalEnergies and EGAS sign a Cooperation Agreement on offshore exploration

TotalEnergies and the Egyptian Natural Gas Holding Company (EGAS) signed today a Memorandum of Understanding (MoU) on exploration activities. The MoU covers a large area located in the north-western offshore … Read More

Panoro Energy Provides Annual statement of reserves

BLOCK G: Offshore Equatorial Guinea The Block G licence covers an area containing the Ceiba field and the Okume complex. The Okume complex consists of five separate oil fields. Production … Read More

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