EGYPT: Kuwait Energy Spuds ASH-3 development well
United Oil & Gas has announced the spudding of the ASH-3 well in the Abu Sennan Licence, Egypt on 4 January in the Kuwait Energy Egypt operated license. ASH-3 is … Read More
Category: Countries
EGYPT: Total Led Consortium Enters the North Ras Kanayis Offshore Block
An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement … Read More
NIGERIA: BW Offshore Extends Agreement for Abo FPSO
BW Offshore has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., until end Q4 2021, with options until Q2 2023. Abo … Read More
What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?
By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More
NIGERIA: Panoro Energy Announces Extension of Long Stop Date for Sale of Aje
Panoro Energy ASA has announced that PetroNor E&P Limited (PetroNor) and Panoro have reached an agreement to extend the completion long stop date for the previously announced sale of its … Read More
NAMIBIA: ReconAfrica to Drill in the Kavango Basin this January
Reconnaissance Energy Africa Ltd. ReconAfrica has provided an operations update as the Company prepares to drill the deep Kavango Basin in the Kalahari Desert of North East Namibia and North West Botswana. … Read More
Canadian Overseas Petroleum Limited Announces £6,000,000 Placing
Canadian Overseas Petroleum Limited has announced that: • COPL has closed a non-brokered private placement of Units with institutional investors, family office, high net worth private investors, the Company’s Chief … Read More
EGYPT: Eni Makes New Oil Discovery & New Production in the Western Desert
Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, … Read More
MOROCCO: Sound Energy Enters into a Letter of Exclusivity & Extension of LNG Heads of Terms in Tendrara Phase 1 Development
Sound Energy has provided an update in relation to the proposed micro liquefied natural gas (mLNG) phase 1 development project for the TE-5 Horst (the Phase 1 Development) at the … Read More
EGYPT: United Oil and Gas Completes the ASH Gas Pipeline
United Oil & Gas has announced the completion of the ASH gas pipeline in the Abu Sennan Licence, Egypt. United hold a 22% working interest in the Licence, which is … Read More
