Africa's latest Oil and Gas News. Also focused on hydrocarbon exploration, geothermal, drilling, discoveries, pipeline, wind and solar energy news.
Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More
PGS has 3 400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round. This much-anticipated round extends exploration opportunities in one … Read More
In Egypt, the Company sold 171.9 thousand barrels of entitlement crude oil to EGPC during the quarter, and had 455.7 Mbbls of entitlement crude oil inventory at March 31, 2021. … Read More
United Oil & Gas has provide the following update on the testing of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 … Read More
Dana Gas PJSC hasannounced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020. A number of conditions precedent to the transaction could … Read More
BP today announced gas production from Raven field, the third stage of its major West Nile Delta (WND) development off the Mediterranean coast in Egypt. The approximately $9 billion WND … Read More
Highlights: · Independent reserves and resources report, relevant to end 2020, by Gaffney Cline & Associates indicates material increase in reserves at Abu Sennan: o 24% increase in Abu Sennan Gross 2P … Read More
Shelf Drilling has secured a two-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel), a subsidiary company of … Read More
Western Desert – South Ghazalat (100% WI) The recompletion of SGZ-6X well to the deeper, more prospective lower Bahariya reservoir has been concluded. The well commenced production on March 21, … Read More
Mark Reid, CEO of SDX, commented: “After what has been a very disruptive period for both businesses and people, I am extremely pleased to announce a set of results featuring … Read More
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