{"id":15756,"date":"2026-05-07T12:35:56","date_gmt":"2026-05-07T12:35:56","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=15756"},"modified":"2026-05-07T12:35:56","modified_gmt":"2026-05-07T12:35:56","slug":"panoro-energy-provides-an-operational-update","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/panoro-energy-provides-an-operational-update\/","title":{"rendered":"Panoro Energy Provides an Operational Update"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Equatorial Guinea<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>As previously communicated, production at Block G offshore Equatorial Guinea (Panoro 14.25 percent) has been impacted by unplanned facilities related downtime at the Ceiba field<\/li>\n\n\n\n<li>Progress is being made with partial restoration of production at Ceiba achieved. Work will continue in 2026 to regain full potential and ensure reliability<\/li>\n\n\n\n<li>Numerous ongoing productive and asset integrity projects will continue throughout 2026 and contribute to field life extension<\/li>\n\n\n\n<li>The Joint Venture is evaluating the potential for future infill drilling campaigns in the Okume Complex, using a conventional jack-up rig in shallow water, and subsea infill wells at the Ceiba field<\/li>\n\n\n\n<li>At Block EG-23 offshore Equatorial Guinea (Panoro 80 percent, operator) seismic reprocessing and subsurface studies are ongoing with particular focus on existing discoveries (some of which have been tested) and surrounding prospectivity in shallow water depths of ~60 metres\n<ul class=\"wp-block-list\">\n<li>Estrella discovery has been high-graded as a potential fast-track development candidate within tie-back distance to existing infrastructure (early concepts being evaluated)<\/li>\n\n\n\n<li>Estrella-1 well discovered 60 metres net hydrocarbon pay in 2001 and was tested at 6,780 bopd (48 &#8211; 50\u00b0 API) and 48.7 MMscfd<\/li>\n\n\n\n<li>Six further oil, gas and gas\/condensate discoveries have been made on the block<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Gabon<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Field delivery remains strong and steady at the Dussafu Marin Permit offshore Gabon (Panoro 17.5 percent)<\/li>\n\n\n\n<li>The joint venture partners received government approval in April for an amendment to the Dussafu Marin Production Sharing Contract offshore Gabon which provides for a material time extension of the PSC up to the year 2053 (inclusive of three five-year option periods from 2038 onwards)\u00a0<\/li>\n\n\n\n<li>Final Investment Decision (FID) was taken in H2 2025 for the MaBoMo Phase 2 drilling programme (previously Hibiscus Ruche Phase 2), comprising four planned development wells. First oil targeted in H2 2026<\/li>\n\n\n\n<li>Bourdon discovery being matured towards FID with an expected initial three wells and a development cluster concept based on the MaBoMo blueprint\u00a0<\/li>\n\n\n\n<li>Additional drilling targets have been identified in the Hibiscus area and vicinity of the Bourdon discovery which may add further upside<\/li>\n\n\n\n<li>3D seismic acquisition across the Niosi, Guduma (Panoro 25 percent) and Dussafu licenses has completed<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Tunisia \u2013 TPS Assets<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Production has remained stable at the TPS Assets in Tunisia (Panoro 49 percent) where ongoing workovers and upcoming optimisation campaigns are expected to positively impact production<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Equatorial Guinea Gabon Tunisia \u2013 TPS Assets<\/p>\n","protected":false},"author":2,"featured_media":15549,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[9081,12200,11198,9015,789,944,11340,12476],"class_list":["post-15756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-block-g","tag-bourdon-discovery","tag-ceiba-field","tag-dussafu-marin-permit","tag-equatorial-guinea","tag-gabon","tag-mabomo","tag-tps-assets","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-468","jetpack-related-posts":[{"id":14280,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-secures-rig-to-recommence-drilling-offshore-block-g\/","url_meta":{"origin":15756,"position":0},"title":"EQUATORIAL GUINEA: Panoro Energy Secures Rig to Recommence Drilling Offshore Block G","author":"","date":"April 24, 2024","format":false,"excerpt":"Panoro Energy has announced that following an evaluation of available options the operator of Block G offshore Equatorial Guinea, Trident Energy, has on behalf of the joint venture awarded a contract for the Noble Venturer drill ship to recommence infill drilling at the Ceiba Field and Okume Complex. The Noble\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/04\/Equatorial-Guinea-Block-G.gif?fit=899%2C831&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12232,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-awards-extension-of-offshore-block-g-psc\/","url_meta":{"origin":15756,"position":1},"title":"EQUATORIAL GUINEA: Trident Energy Awarded Extension of Offshore Block G PSC","author":"","date":"May 9, 2022","format":false,"excerpt":"The Block G Production Sharing Contract in Equatorial Guinea\u00a0has been successfully extended to 31 December 2040. Alongside our Joint Venture partners, Kosmos Energy, Panoro Energy, GE Petrol and the Ministry of Mines and Hydrocarbons, we have agreed a material time extension of the PSC covering both the Ceiba field and\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/07\/kosmos-energy.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":15548,"url":"https:\/\/www.oilnewskenya.com\/index.php\/panoro-energy-provides-operations-update-for-equatorial-guinea-gabon-tunisia\/","url_meta":{"origin":15756,"position":2},"title":"Panoro Energy Provides Operations Update for Equatorial Guinea, Gabon &amp; Tunisia","author":"","date":"January 21, 2026","format":false,"excerpt":"Equatorial Guinea As previously communicated, production at Block G offshore Equatorial Guinea (Panoro 14.25 percent) has been impacted by unplanned facilities related downtime at the Ceiba field Progress is being made with partial restoration of production at Ceiba achieved. Work will continue in 2026 to regain full potential and ensure\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":15837,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-reports-completion-of-acquisition-of-block-g-offshore\/","url_meta":{"origin":15756,"position":3},"title":"EQUATORIAL GUINEA: Panoro Energy Reports Completion of Acquisition of Block G offshore","author":"Samuel Kamau Mbote","date":"June 17, 2026","format":false,"excerpt":"Panoro Energy has announced the completion of the acquisition by Panoro of the Kosmos Energy subsidiary that holds\u00a0through a wholly-owned entity, a 40.375 per cent non-operated interest in Block G offshore Equatorial Guinea (the \u201cAcquisition\u201d). This follows the receipt of customary competition clearance by the Central African Economic and Monetary\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":13592,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-confirms-ratification-of-block-eg-01-award-and-approval-of-block-s-farm-inequatorial-guinea\/","url_meta":{"origin":15756,"position":4},"title":"EQUATORIAL GUINEA: Panoro Energy Confirms Ratification of Block EG-01 Award and Approval of Block S Farm-in","author":"","date":"April 20, 2023","format":false,"excerpt":"Panoro Energy ASA confirms that the award of Block EG-01, announced by the Company on 20 February 2023, has been ratified by the Government of Equatorial Guinea.\u00a0 Panoro has been awarded a 56 percent operated interest in Block EG-01 alongside partners Kosmos Energy (24 percent) and GEPetrol (20 percent). Separately,\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Equatorial-Guinea-Ceiba-Okume.png?fit=1033%2C630&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12648,"url":"https:\/\/www.oilnewskenya.com\/index.php\/equatorial-guinea-panoro-energy-achieves-payback-for-2021-block-g-acquisition\/","url_meta":{"origin":15756,"position":5},"title":"EQUATORIAL GUINEA: Panoro Energy Achieves Payback for 2021 Block G Acquisition","author":"","date":"September 14, 2022","format":false,"excerpt":"Panoro Energy has said that following its lifting of 745,000 barrels of oil at Block G offshore Equatorial Guinea in July and receipt of its related payment in excess of USD 80 million, cumulative net cash flow generated from Panoro\u2019s production entitlement at Block G has exceeded the upfront acquisition\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2022\/09\/Panoro-EQG-Okume-Ceiba.gif?fit=450%2C275&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=15756"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15756\/revisions"}],"predecessor-version":[{"id":15757,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/15756\/revisions\/15757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/15549"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=15756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=15756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=15756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}