NAMIBIA: BW Energy Signs Agreement for the Acquisition of Semi-submersible Drilling rig for the Kudu Development

BW Energy is progressing a revised development plan for the Kudu gas field offshore Namibia. The new development plan for the gas to power project will use a repurposed semisubmersible … Read More

NAMIBIA: PEL0094 Prospective Resources Increase threefold in New Assessment

Global Resources has announced that the updated PEL0094 Prospective Resources (best estimate) has increased threefold increase compared with the previous estimate, and confirmed the Company’s view that the acreage is … Read More

EGYPT: Kuwait Energy Commences Production at ASX-1X Discovery in the Abu Sennan licence

Highlights ·      Commercial discovery declared at the ASX-1X exploration well ·      Approval granted from the Minister of Petroleum of the award of a development lease covering this new discovery on 12 October 2021 … Read More