EGYPT: ASH-3 Development Well Successful
The ASH-3 development well, which spudded on the 4th January, reached TD of 4,087m MD (3,918m TVDSS) on 8th February, 5 days ahead of schedule and under budget. The well, which has … Read More
Category: Countries
Energy Chamber’s Energy Transition Committee Advocates for a Unique Energy Mix for African Countries
The African Energy Chamber’s Energy Transition Committee held its first meeting of the year, to discuss the pressing issues surrounding the global trend towards energy transition, from the viewpoint of African … Read More
Angola’s Oil & Gas Industry Can Thrive Alongside its Rich Biodiversity
By Verner Ayukegba, Senior Vice-President at the African Energy Chamber Last month, reports that Angola was drafting legislation to permit oil, gas and mining activities in 14 national conservation areas, … Read More
African Development Bank, Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for Global Syndicated Finance
The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the print … Read More
New Tanzania Outlook Foresees Continued Activity Both Onshore & Offshore in 2021
The Tanzania Upstream Sector Activity Outlook 2021-2022 provides an insight into the expected activities in the upstream sector over the next 12 months based on company presentations, press releases, filings, emails as … Read More
TANZANIA: Orca Energy Group Provides Operating Results for 2020
Average sales volumes for the year ended December 31, 2020 decreased 8.6% to 57.7 million standard cubic feet per day (MMcfd) compared to 63.1 MMcfd for the year ended December … Read More
ANGOLA: Magseis Fairfield awarded OBN deep-water survey
Magseis Fairfield has been awarded a contract for a deep-water Ocean Bottom Node baseline survey (3D) offshore Angola for a major international energy company. The project is expected to start … Read More
CONGO: Zenith Energy Announces Successful Completion of IPU
Zenith Energy has announced that it has now received formal confirmation regarding the successful completion of the Inquiry of Public Utility (IPU), following an in-depth technical and financial review, performed by … Read More
West Africa: Tullow Agrees US$180 million Sale of Assets to Panoro
Transaction Structure Tullow has signed two separate sale and purchase agreements with Panoro, pursuant to which Tullow has agreed to the sale to Panoro of its entire interest in Equatorial … Read More
$100M XPRIZE for Carbon Removal Funded by Elon Musk to Fight Climate Change
XPRIZE, the world’s leader in designing and launching incentive competitions to solve humanity’s grand challenges, today announced the $100M XPRIZE Carbon Removal sponsored by Elon Musk and the Musk Foundation. … Read More
