Category: Countries
NIGER: 3rd ECOWAS Mining & Petroleum Forum Set for Niamey in December
The Republic of Niger, Niamey, is the ECOWAS member state hosting the 3rd ECOWAS Mining & Petroleum Forum (ECOMOF 2021), is now taking place on 1 – 3 December 2021, at the Radisson … Read More
EGYPT: Kuwait Energy Egypt Spuds ASX-1X exploration well
United Oil & Gas has announced the spudding of the ASX-1X exploration well in the Abu Sennan Licence Egypt on 14 August. United holds a 22% working interest in the … Read More
ANGOLA: Eni Starts Production of the Cuica field in the Eastern Area of Block 15/06
Eni started production of the Cuica Field, in Block 15/06 of the Angolan deep offshore, via the Armada Olombendo Floating Production Storage and Offloading (FPSO) vessel on 30th July 2021, … Read More
Africa Oil Announces Q2 2021 Financial Results
Highlights Net income of $38.4 million (first half 2021 total of $77.3 million) and end of quarter cash balance of $35.1 million. Received a dividend for $37.5 million from Prime during the quarter and a further $37.5 … Read More
GAMBIA: BP Exits A1 Block
BP has exited Gambia’s A1 block as a result of its corporate strategy towards clean energy and after failing to achieve the work requirements in the acreage according to the … Read More
Oil & Gas companies are Failing to Capitalize on MSGBC Basin’s Huge Gas Discoveries – GlobalData
Two major gas discoveries have been made in the MSGBC Basin; however, oil and gas companies so far have failed to capitalize on these significant resources, and it could be … Read More
EGYPT: Fugro Installs Subsea Structures for GUPCO with QuickVision® technology
Used for the first time in Egypt, the contactless positioning solution replaced the conventional survey sensors typically attached to subsea structures during installation. Under a contract with Dragon Oil (GUPCO), … Read More
NAMIBIA: Global Petroleum Raises £1 million to Fund PEL94 Licence Commitments
Global Petroleum has announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. … Read More