ReconAfrica Raises Funds to Advance Multi-Zone Production Testing, Appraisal Drilling in Namibia & Advance Activities at Ngulu Block

ReconAfrica is now funded in its plans to expedite activity across its portfolio following the completion its previously announced underwritten, listed issuer financing exemption offering. The offering which raised aggregate … Read More

EUATORIAL GUINEA: Pre-Funding Now Open: Offshore Regional 2D Reprocessing Project

Geoex MCG, in partnership with the Ministry of Hydrocarbons and Mining Development (MHMD), Perceptum, and DUG, have launched a major reprocessing initiative to revitalise legacy offshore Equatorial Guinea regional 2D seismic dataset. … Read More

Côte d’Ivoire: Murphy Oil Disappointed at the Civette-1X well

Murphy Oil Corporation has announced results from the Civette exploration well in Block CI-502 offshore Côte d’Ivoire. The Civette-1X well reached a total depth of 13,950 feet (4,252 meters) and encountered … Read More

SAO TOME & PRRINCPLE: Falcao-1X probe Fails to Find Commercial Hydrocarbons

São Tomé and Príncipe’s offshore hydrocarbon ambitions have faced a setback following an announcement by Shell confirming that the Falcão-1X exploration well did not encounter commercially viable hydrocarbons. The well, … Read More

LIBERIA: Totalenergies Partners with Bluenergies In Its Offshore Harper Basin Fan Play

BluEnergies has successfully entered into an industry standard joint study and application agreement (JSAA) with the Liberian upstream subsidiary of TotalEnergies SE (TTE) in order to further explore the prospectivity … Read More

NIGERIA: TotalEnergies Sign SPA with Vaaris to Divest its Oil Interest in Renaissance JV

TotalEnergies has announced that its subsidiary TotalEnergies EP Nigeria has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10% non-operated interest in the Renaissance … Read More

NIGERIA: Aradel Holdings Plc Completes Acquisition of 40% Equity Interest in ND Western Limited

Aradel Energy Limited, has successfully completed the acquisition of an additional equity interest in ND Western Limited (NDW), following the fulfilment of all regulatory and contractual conditions precedent. The transaction, … Read More

GHANA/ MAURITANIA: Kosmos Energy Signals Strong 2026 Outlook as Oil Output Rises and GTA LNG Ramps Up

Kosmos Energy has outlined a strong operational and production outlook for 2026, underpinned by rising oil output in Ghana’s Jubilee field, long-term license security for its offshore assets, and accelerating … Read More

NIGERIA: Shearwater Initiates Multi-client Survey across the Western Niger Delta Basin,

Shearwater Geoservices announces the upcoming start of a new multi-client seismic project offshore Nigeria. The 3D survey is backed by significant industry funding and will be executed in partnership with … Read More