TANZANIA: Ruvuma PSA JV Signs an Addendum to the PSA
On 25 November 2022, at the Tanzania Petroleum Development Corporation (TPDC) headquarters in Dar es Salaam, the parties to the Ruvuma PSA signed an addendum to the PSA. The Ruvuma … Read More
Category: Top News
MOZAMBIQUE: President Filipe Nyusi Inaugurates Coral-Sul FLNG Installation
The President of Mozambique, Filipe Jacinto Nyusi, visited and inaugurated today the Coral-Sul FLNG installation, located in the ultra-deep waters of the Rovuma basin. The inauguration was attended by the … Read More
ZIMBABWE: Mukuyu-1 to be Sidetracked as Borehole Conditions Deteriorate
• Mukuyu-1 successfully deepened to 3,923 metres Measured Depth (“mMD”), encountering additional elevated gas shows and fluorescence through to total depth • Results prove up potential of the Upper Angwa … Read More
EGYPT: VALARIS DS-12 Awarded a four-well Contract with BP
Valaris has announced that drillship VALARIS DS-12 has been awarded a four-well contract with BP offshore Egypt. The contract is expected to commence late in the third quarter or early … Read More
Reach Subsea Awarded Significant Contract in West Africa
Reach Subsea has signed a conditional LOA for a significant project in West Africa (WAF), through which Reach Subsea will be a sub-contractor to a major tier-one contractor. The assignment … Read More
GABON: Panoro Energy Provides Hibiscus/Ruche Phase I development
Hibiscus/Ruche Phase I development offshore Gabon is progressing to plan. The BW MaBoMo production facility has been installed on site and 20 kilometres of the subsea flowline installed. Preparations are … Read More
ANGOLA: Shelf Drilling Gets Contract Extension on the Shelf Drilling Tenacious
Shelf Drilling has secured an extension on the Shelf Drilling Tenacious jack–up rig in direct continuation of its current contract for drilling operations offshore Angola until November 2023. The contract includes an additional one–year option.
CAMEROON: Tower Resources Receives $7M Towards Drilling the NJOM-3 Well
Tower has announced that its subsidiary, Tower Resources Cameroon S.A (TRCSA), has been notified by BGFI Bank Group, the largest bank group in Central Africa, that the medium-term loan of … Read More
ALGERIA: Eni and Sonatrach inaugurate Solar Lab, lay first stone of PV facility in BRN
The CEO of Eni Claudio Descalzi and the CEO of Sonatrach Toufik Hakkar have inaugurated the Solar Lab and laid the first stone of a 10MW photovoltaic plant in the … Read More
SDX Energy Provides Financial & Operating Results for the 3 & 9 Months Ended 30 September 2022
YTD 9 months 2022 key highlights: · Production of 512 bbls/d and 19.3mmscf/d (3,729 boe/d), 3% higher than mid-point full year guidance of 3,480 – 3,795 boe/d. · EBITDAX of US$21.6 million and operating cash flow … Read More
