Africa's Oil, Gas and Energy News.
VAALCO Energy has announced that it has commenced its 2021/2022 drilling campaign offshore Gabon with the Etame 8H-ST well. Under a drilling contract announced by VAALCO in early summer, a … Read More
QatarEnergy entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea. Under the terms of the agreements, which … Read More
Shell has spud the Graff-1 well in Block 2913 Petroleum Exploration License (PEL) 39 State-owned Namcor reported, The well is being drilled at a depth of around 2000 meters using … Read More
Invictus Energy has confirmed that it has executed a MOU with EXALO Drilling SA to drill the Muzarabani-1 exploration well and an option for an additional exploration well for the … Read More
After receiving the approval of Gabonese authorities, TotalEnergies announces the closing of its agreement to divest to Perenco Oil and Gas Gabon the Cap Lopez Terminal and non-operated assets of … Read More
Debt financing of the US$652.3 million project is being provided by IFC, together with its “B” loan participants FMO and Emerging Africa Infrastructure Fund (together US$253.5 million), US International Development … Read More
Wentworth Resources has announced it has entered into a Memorandum of Understanding with Vitol SA regarding the supply of carbon credits to partially offset the impacts of its emissions footprint … Read More
Invictus Energy has announced that it has executed a farm-in option agreement with Cluff Energy Africa Limited (CEA) for a 2 well exploration drilling campaign in the Cabora Bassa Project. … Read More
As the voice for the African energy sector, the African Energy Chamber (AEC) condemns the recent attack on Africa’s energy and economic progress made by the environmental organization Friends of the … Read More
Source: PAU Website The Passing of East Africa Crude Oil Pipeline (EACOP) (Special Provisions) Bill 2021, the enabling legislation to operationalise the agreements is a requirement for the International Oil … Read More
