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.
Project Debt Funding The Company announced on 23 June 2022 that it had entered into an Arrangement and Mandate letter with Attijariwafa bank, a Moroccan multinational bank and one of the … Read More
Predator Oil & Gas has announced the successful completion of drilling and logging operations for the MOU-3 well appraising the Moulouya Fan primary reservoir target and several secondary reservoir targets … Read More
Sercel is pleased to announce the sale and imminent delivery of a 60,000-channel 508XT land acquisition system and 25 VE464 advanced digital vibrator control sets to a major North African … Read More
Serinus Energy has announced that the workover operations on the Sabria N-2 well in Tunisia have been completed. Having successfully removed wellbore restrictions and recompleted the well, the Company has … Read More
Predator Oil & Gas has announced that the Star Valley Rig 101 will commence drilling the MOU-3 well within the next 24 hours. A further update will be given, which … Read More
APPO’s Secretary General (SG), H.E. Dr Omar Farouk Ibrahim, has assured Member Countries of the protection of their interest in the Africa Energy Bank. Delivering a goodwill message at the … Read More
HIGHLIGHTS Development of the Moroccan Tendrara Production Concession · Phase 1 Micro LNG project o Signing of the Notice to Proceed in February 2022 o Drawdown of the Loan Note subscription with Afriquia … Read More
Subsea 7 S.A. has announced the award of a substantial contract to Subsea Integration Alliance by bp and its JV partner Wintershall Dea for the Raven Infills Project, offshore Egypt. … Read More
Serinus Energy plc has announced that the CTF-004 rig has completed rig-up and commencedworkover operations on the Sabria N-2 well in Tunisia. This operation will recomplete the N-2 well andremove … Read More
Full year 2022 key results: · Net Production, 3,723 boe/d (507 bbls/d and 19.3mmscf/d), marginally ahead of mid-point full year guidance of 3,480 – 3,795 boe/d. · EBITDAX of US$24.6 million and operating cash flow (before … Read More
