BENIN: Lime Petroleum Announces First Oil from the AK-2H well Warns it May be Unable to Meet its Financial Obligations

Lime Petroleum Holding announced the successful achievement of first oil from the AK-2H well, located in the Sèmè Field Block 1 in Benin. Production from the well is expected to … Read More

EQUATORIAL GUINEA: Chevron Sign Aseng Agreement, Strengthening GEPetrol Participation

The Ministry of Hydrocarbons and Mining Development of the Republic of Equatorial Guinea, in partnership with energy major Chevron, has officially signed the Heads of Agreement (HoA) for the financing … Read More

High-impact Wells: Africa Will Continue to Drive Global Drilling Activity in 2026

The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for … Read More

NIGERIA: Chevron Successfully Completes the Awodi-07 Appraisal and Exploration Well

Chevron Nigeria Limited (CNL) has recorded a significant hydrocarbon discovery following the successful drilling and evaluation of the Awodi-07 appraisal and exploration well in the shallow offshore western Niger Delta. … Read More

BENIN: Sèmè Field in Block 1 expected to Commence Production Next Week

Rex International Holding Limited together with its subsidiaries wish to announce that Rex’s indirect subsidiary Akrake Petroleum Benin S.A. is finishing drilling operations on the AK-2H production well in the … Read More

NIGERIA: TGS Commences Onshore MegaSurvey to Support Regional Exploration

TGS, announces the commencement of the Nigeria Onshore MegaSurvey, a new regional-scale seismic project covering 28,000 square kilometers across the Onshore Niger Delta.   The project is supported by industry funding and is in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Petrodata Management … Read More