MOROCCO: Sound Energy Announces Phase 1 Development Loan Note Financing and LNG Sale & Purchase Agreement

Sound Energy, the energy transition company, is delighted to announce the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing … Read More

EGYPT: APA Corporation Announces Ratification of Modernized Production Sharing Contract

APA Corporation has announced the signing, by authority of Egyptian President H.E. Abdel Fattah El Sisi, of the previously announced agreement to modernize and consolidate the company’s current Production Sharing … Read More

ZIMBABWE: Invictus Raising $5.5m to Support the Development of the Cabora Bassa Project

Invictus Energy has announced a Placement of $3.5m and Share Purchase Plan (SPP) of up to $2m to raise a total aggregate amount of up to $5.5m (Capital Raising). Invictus … Read More

CAMEROON: Victoria Oil & Gas Receives One Year Extension of the Matanda Block licence

Victoria Oil & Gas has announced that its wholly owned subsidiary Gaz du Cameroun S.A. has received, as operator, approval from the Minister of Mines, Industry and Technological Development for … Read More

EGYPT: TransGlobe Announces Ratification of the Consolidated and Amended Eastern Desert PSC

TransGlobe has said it received notification that its agreement with the Egyptian General Petroleum Corporation (EGPC) to merge, amend and extend its three existing Eastern Desert concessions (West Gharib, West … Read More

LIBYA: Production Stoppage at El-Sharara, El-Feel, Al-Wafa and Hamada fields Halts 300,000bpd

The National Oil Corporation (NOC) has announced the shutting down the crude pumping from the Sharara, El Feel, Al Wafa and Hamada fields which it terms “a new chapter in … Read More