EGYPT: TransGlobe Energy Provides Operational Update
OVERVIEW Production averaged 12.8 MBoepd in Q4, 2021 and 12.9 MBoepd for the year ended 2021, meeting the upper end of 2021 guidance of 12-13 MBoepd. The amendment, extension and … 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.
MOROCCO: Chariot Makes Significant Gas Discovery at Anchois-2 Well
Chariot has announced a significant gas find at the Anchois-2 appraisal and exploration well on the Anchois gas project within the Lixus licence, offshore Morocco. Chariot has a 75% interest … Read More
LIBYA: Waha Oil Company Completes Maintenance Work for the Main Crude Transmission Line
The technical teams at Waha Oil Company on Wednesday completed the maintenance operations of the main 32-inch oil transmission line connecting the fields (Al-Samah – Al-Dhahra) to ESidra port at … Read More
SONATRACH to Invest $40B during the period 2022-2026
SONATRACH CEO Toufik Hakkar has said that the Group was planning to invest nearly $ 40 billion during the period 2022-2026. During an interview with the Algerian international channel “AL24”, … Read More
EGYPT: SDX Energy Commencement of Oil Production At Msd-21 Well, West Gharib Concession
SDX Energy has announced the commencement of oil production at the MSD-21 infill development well on the Meseda field in its West Gharib concession, Egypt. MSD-21, which encountered the primary … Read More
EGYPT: United Oil and Gas Announces Successful Result at Al Jahraa-13 Well
United Oil & Gas has provided an update on the drilling of the Al Jahraa-13 development well (AJ-13) in the Abu Sennan licence, onshore Egypt. Highlights · AJ-13 development well encountered … Read More
Time for an African Funded Energy Bank to Finance Exploration & Development
By NJ Ayuk, Executive Chairman, African Energy Chamber For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments … Read More
EGYPT: Dana Gas Receives Lowest Payment Since Commencing Cperations
Dana Gas has received a payment of $39 million from the Egyptian Government in December, reducing the Company’s receivables from the North African state below $30 million, to its lowest … Read More
MOROCCO: Sound Energy Announces Phase 1 Development Loan Note Financing and LNG Sale & Purchase Agreement
Sound Energy, the energy transition company, is delighted to announce the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing … Read More
EGYPT: APA Corporation Announces Ratification of Modernized Production Sharing Contract
APA Corporation has announced the signing, by authority of Egyptian President H.E. Abdel Fattah El Sisi, of the previously announced agreement to modernize and consolidate the company’s current Production Sharing … Read More
