SUDAN: Wildcat Petroleum Signs MoU with Oil Ministry to Increase Production by 100,000bopd

Wildcat Petroleum has signed an MOU to work in collaboration with the Sudanese Oil Ministry to advance the development and commercial exploitation of hydrocarbon assets in Sudan. The MOU is … Read More

EGYPT: Dana Gas Sells its Egyptian Assets to IPR Wastani Petroleum Ltd

Dana Gas PJSC has announced that it has entered into a binding agreement with IPR Wastani Petroleum Ltd, a member of the IPR Energy Group for the sale of its onshore … Read More

Higher Oil Production Levels Just Around the Corner in South Sudan

South Sudan is pushing ahead with plans to increase oil production after the Covid-19 pandemic saw levels temporarily drop. The global pandemic and resultant lockdowns with restricted international travel meant … Read More

Oranto Launches $500-Million Oil Exploration Campaign in South Sudan

Oranto Petroleum will invest $500 million to develop South Sudan’s Block B3, launching a comprehensive exploration campaign starting immediately following the signing of the exploration and production sharing agreement with … Read More

Rhino Resources Acquires two offshore blocks in East Africa

Rhino Resources has announced it has expanded its African footprint with the recent acquisition of two offshore blocks in East Africa in the Comoros territorial waters. The two offshore blocks … Read More

Tanzania Mzia well test supports potential hub development – BG Group

[twitter-follow screen_name=’oilnewskenya’] BG Group plc  has announced that results from a recently completed second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, provided further support … Read More