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.
Zenith Energy has made a binding offer to wholly acquire a company holding a 100% interest in two hydrocarbons production and development concessions in Tunisia which has now been accepted. … Read More
Highlights: · Independent reserves and resources report, relevant to end 2020, by Gaffney Cline & Associates indicates material increase in reserves at Abu Sennan: o 24% increase in Abu Sennan Gross 2P … Read More
Zenith Energy Ltd. has announced that its wholly owned subsidiary Zenith Energy Netherlands B.V. has signed an extension agreement in respect of the conditional sale and purchase agreement (SPA) it signed … Read More
Highlights: · Preliminary results suggest the ASD-1X exploration well encountered a total of at least 22m net oil pay interpreted across a number of reservoirs, including the Abu Roash C (AR-C), … Read More
Pharos is pleased to announce that it has received provisional approval from the Egyptian General Petroleum Corporation’s (EGPC) Main Board to an amendment of the fiscal terms of its El … Read More
PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt. The survey will be acquired using an Extended Long Offset (ELO) configuration with Ramform Tethys towing a wide … Read More
Zenith Energy has announced that it has now completed the acquisition of a 100 percent interest in the fully owned subsidiary of Candax Energy Limited in Barbados, Ecumed Petroleum Zarzis Ltd, which … Read More
Shelf Drilling has secured a two-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel), a subsidiary company of … Read More
Western Desert – South Ghazalat (100% WI) The recompletion of SGZ-6X well to the deeper, more prospective lower Bahariya reservoir has been concluded. The well commenced production on March 21, … Read More
Sercel is pleased to announce that its high-performance equipment is currently being deployed on another 3D mega- crew survey, this time by a major North African geophysical company. The crew … Read More
