LIBYA: BP Evaluating Resumption of Activities
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
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.
EGYPT: SDX Energy Spuds SD-5X Well At South Disouq Concession
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
EGYPT: TransGlobe Energy Reserves 155% higher in 2021
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
MOROCCO: Chariot Awarded the Rissana Offshore Licence
• 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
EGYPT: SDX Energy Completion Of Drilling At Msd-25 Well, West Gharib Oil Concession
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
AfDB Approves $379.6M Desert to Power financing facility for the G5 Sahel countries
The Board of Directors of the African Development Bank Group has approved the Desert to Power G5 Sahel Financing Facility, covering Burkina Faso, Chad, Mali, Mauritania, and Niger. The Bank envisages … Read More
MOROCCO: Sound Energy Issues of Notice to Proceed for Tendrara Concession Phase 1 Development
Sound Energy has announced the issue to Italfluid Geoenergy S.r.l. of notice to proceed in respect of the project contract for the Tendrara Concession mLNG Facilities Onshore, Kingdom of … Read More
EGYPT: Dragon Oil announces first oil find in Gulf of Suez
Dubai government-owned Dragon Oil has made its first oil discovery in Egypt’s Gulf of Suez on Tuesday. The discovery is one of the largest in the area in the past … Read More
EGYPT: Wintershall Dea Divests its interest in the Gulf of Suez Concession
As of 1st January 2022, after 38 years of economic and efficient production from the Gulf of Suez, Wintershall Dea is closing this chapter of its long oil production history … Read More
EGYPT: PGS releases new 3D GeoStreamer seismic data for Mediterranean Sea
PGS has added five 3D seismic surveys to its data library offshore Egypt, to create new broadband 3D coverage of more than 18 700 sq. km in recently awarded nearshore … Read More