CHAD: Savannah Energy Heads to ICC after Presidential Decree Nationalizes Assets

British independent energy company Savannah Energy says it intends to pursue its legal rights followingthe Decree issued by the President of the Republic of Chad dated 23 March 2023, nationalising Savannah Chad Inc’s (‘SCI’) (formerly Esso … Read More

DR CONGO: EQX Biome Bids to Implement a $6bn Economically Successful Protected Area at Virunga to Halt Oil Exploration

EQX Biome is looking to halt oil drilling on 28m hectares in the Virunga Park of pristine rainforests & other ecosystems by instead implementing a $6bn Economically Successful Protected Area (ESPA) … Read More

Zenith Energy Disappointed as Olive Energy E&P Awarded a Licence to Operate the Tilapia oilfield

Zenith Energy says it has now become aware that a company named Olive Energy E&P has been awarded a licence to operate the Tilapia oilfield adding it is disappointed by … Read More

EQUATORIAL GUINEA: Africa Oil, Panoro Energy Awarded Offshore Blocks

Africa Oil has announced that it has signed two production sharing contracts (PSCs) with the Republic of Equatorial Guinea for offshore Blocks EG-18 and EG-31. These PSCs are subject to ratification by … Read More

GABON/EGYPT: VAALCO Energy Provides Operational Update

Reported fourth quarter 2022 production of approximately 18,175 working interest (“WI”) barrels of oil equivalent (“BOEPD”) or about 14,200 net revenue interest (“NRI”) BOEPD; Production was within VAALCO’s fourth quarter … Read More

OPINION:New Wave European Climate Litigation Aimed at Stopping African Energy Projects

By African Energy Chamber More than 600 million Africans lacked access to electricity before the pandemic, and it appears that this figure is growing. According to the International Energy Agency, … Read More

GABON: Development Drilling Commences on Schedule at Dussafu Marin

Production drilling at the Hibiscus Ruche Phase I development commenced in early January with first oil expected during March 2023, in line with previously communicated guidance. At the Tortue field … Read More