Africa's Oil, Gas and Energy News.
ABL is partnering with Egypt’s Petroleum Marine Services to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC). This milestone initiative supports Egypt’s … Read More
Valaris Limited has announced today that it has been awarded a five-well contract with Bp Exploration Delta Limited for drillship VALARIS DS-12 in Egypt. The contract is expected to commence … Read More
In a ground-breaking move for the Egyptian oil and gas sector, leading exploration services company ARGAS has purchased 30,000 Range+ STRYDE nodes and STRYDE’s Nimble Seismic System, marking the first-ever deployment of … Read More
bp has announced the signing of a Memorandum of Understanding (MoU) to evaluate opportunities for a five-well programme at water depth ranging from 300 to 1,500 meters in the Mediterranean … Read More
ADES Holding Company announces that on the evening of Tuesday, 1-7-2025, a towing incident occurred involving Barge Unit Admarine 12, owned by its subsidiary and operating within Egyptian territorial waters. … Read More
As part of the Ministry of Petroleum and Mineral Resources – Egypt ’ plan and strategy to attract new exploration investments, and to support current efforts to increase production, the … Read More
Capricorn has announced that it has been informed by the Egyptian General Petroleum Corporation (EGPC) that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, … Read More
A memorandum of understanding has been signed between the Egyptian natural gas company “EGAS” and ExxonMobil Egypt Upstream Limited to lay the necessary foundations for the development of the system … Read More
Energean has provided an update on the proposed sale of its portfolio in Egypt to an entity controlled by Carlyle International Energy Partners. Energean says it has not been able … Read More
VAALCO Energy has announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led … Read More
