NIGERIA: Updated CPR Report Increases Savanna Energy’s 2P Reserves by 27%

An updated Competent Person’s Report CPR was compiled by CGG Services (UK) Ltd covering Savanna Energy’s assets in Nigeria has placed them at 108.6 MMboe 2P Reserves up from 85.5MMboe … Read More

UGANDA/TANZANIA: EACOP to be Constructed at Rate of 100km Monthly Consuming 5.6M Manhours

The 1443km East Africa Crude Oil Pipeline (EACOP) will be constructed at a rate of 100 kilometers monthly for a period of 16 months according to EACOP General manager Martin … Read More

Zenith Energy Acquires Canadian North Africa Oil & Gas Subsidiary in Tunisia

Zenith Energy has announced that Zenith Overseas Assets Holdings Ltd., its fully owned subsidiary, has entered into a share purchase agreement for the acquisition of a 100 percent interest in the issued, allotted, outstanding … Read More

LIBYA: TotalEnergies Signs 2 Agreements with Government of National Unity & General Electric Company

TotalEnergies signed two separate agreements with Libya’s Government of National Unity and the General Electric Company of Libya (GECOL) during the inaugural Libya Energy & Economic Summit 2021 in Tripoli … Read More

EGYPT: Pharos Energy Announces Recommencement of El Fayum Development Drilling

Pharos Energy has announced a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interim three-well development programme.  Ed Story, President and Chief Executive Officer, … Read More

South Sudan Independent Power Plant Celebrates its Second Anniversary

The Ezra Power plant celebrates its second anniversary on 21 November. The power plant, located in Kondokoro Mangalla County, produces the bulk energy supplied to the Juba Electricity Distribution Company … Read More

SOUTH AFRICA: ENGIE Completes the Acquisition of Xina Solar One a 100MW Concentrated Solar Power plant

ENGIE has completed the acquisition of Abengoa’s indirect stake in Xina Solar One (Pty) Ltd. Following completion of the transaction, ENGIE will now hold a 40% equity stake in the … Read More