NIGERIA: Seplat Energy Receives Ministerial Consent for the Acquisition of Mobil (MNPU) Assets

Seplat Energy is delighted to announce that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that consent has been granted by the Honourable Minister of Petroleum Resources in Nigeria, … Read More

EGYPT: TAG Oil Provides Operations Updates & Strategic New Acquisition to Expand Unconventional & Conventional Acreage Position

CURRENT OPERATIONS – Badr Oil Field (BED-1 Concession) Production from the BED4-T100 (T100) horizontal well is averaging 200 barrels of fluid per day and 35 percent water. Operation of the … Read More

EQUATORIAL GUINEA: Petrofac Signs Master Service Agreement with Marathon Oil

Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea.   Under the agreement Petrofac will provide technical authority and discipline … Read More

SOUTH AFRICA: Petrobras Acquires stake in the Deep Western Orange Basin block

Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through … Read More