ALGERIA/TUNISIA: Eni, Snam Launch Partnership On Gas Pipelines
Eni and Snam have entered into an agreement for the sale by Eni to Snam of a 49.9% stake (directly and indirectly owned) in certain companies operating two groups of … Read More
SOUTH AFRICA: Kinetiko Energy Spuds 3rd Well on the Korhaan Project
The third well named Korhaan-3 is estimated to reach a depth of 400m-450m to test the gassy sandstones and coal bed methane (CBM) horizons from the known coal beds that … Read More
GHANA: Swire Energy, Cox & Young Resources Partner to Supply of Offshore Containers & Supplementary Services
Global energy services provider, Swire Energy Services (SES) has entered into a strategic partnership with Cox and Young Resources (CYR). The multi-year agreement will focus on the supply of offshore … Read More
NIGERIA: Panoro, PetroNor Agree Extension of Long Stop Date for Sale of Aje
Panoro Energy and PetroNor E&P Limited have agreed to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares … Read More
MOROCCO: Chariot Commences Anchois Gas Appraisal Well Mobilization Operations Ahead of mid-December 2021 Drilling
Chariot has announced that the Stena Don drilling rig has commenced its mobilisation to Morocco. Chariot has contracted this rig to conduct drilling operations on the Anchois gas field within … Read More
NAMIBIA: TotalEnergies Spuds Venus-1X exploration well in offshore Block 2913B
Block 2913B JV partner Impact Oil & Gas Limited has announced the spud of the Venus-1X offshore exploration well in Namibia Block 2913B (PEL 56). The well is being drilled … Read More
NIGERIA: Africa Oil Announces the Receipt of Prime Dividend
Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 … Read More
NIGERIA: Eroton Exploration and Production Company Proposes Acquisition of an Additional Stake in OML 18
Eroton Exploration and Production Company Limited has signed a non-binding term sheet with Africa Import Export Bank (Afrexim) for a prospective US$750,000,000 senior secured reserve-based lending facility. The purpose of … Read More
NIGERIA: Zenith Energy, Noble Hill-Network Enter Option Agreement for OML 141 RSC
Zenith Energy has entered into an Option Agreement with Noble Hill-Network Limited, a private Nigerian oil and gas company. NHNL is the sole, 100% holder of a Risk Service Contract … Read More
SOUTH AFRICA: Energy Crisis Powers Businesses’ Desire for Self-sufficiency
By William Van Wyk The provision of stable electricity is one of the most divisive topics in South Africa, especially when businesses and citizens watch helplessly as the country is … Read More
