Africa's Oil, Gas and Energy News.
The Nigerian Content Development and Monitoring Board (NCDMB) has secured approval to launch a US$50 million fund for NOGAPS Manufacturing Product Line. This fund would be dedicated to companies that … Read More
Korhaan-3: The TD of the Production Section was called at 449m after encountering tight formations. Gas was detected early at around 177m but showed strongly from 265m downwards, going off the scale of … Read More
Sound Energy has announced the issue to Italfluid Geoenergy S.r.l. of notice to proceed in respect of the project contract for the Tendrara Concession mLNG Facilities Onshore, Kingdom of … Read More
Tullow Oil has announced that the Final Investment Decision for the Tilenga Project in Uganda and the East African Crude Oil Pipeline (EACOP) as reported by Total Energies Ltd on … Read More
Dubai government-owned Dragon Oil has made its first oil discovery in Egypt’s Gulf of Suez on Tuesday. The discovery is one of the largest in the area in the past … Read More
As the global population edges towards the 10 billion mark by 2050 and world GDP more than doubles, natural gas will continue to play a crucial role in alleviating energy … Read More
The explosion of the Trinity Spirit Oil vessel, owned by Shebah Exploration & Production Co and managed by Sepcol has caused the death of at least three crew members. Greenpeace … Read More
Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger and Coordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR … Read More
HIGHLIGHTS • Rig being contract finalised, mobilisation to commence in May • 2 Well Exploration Program Expected to Commence June • Muzarabani-1 well confirmed • Planning of 2nd exploration well … Read More
Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV … Read More
