EGYPT: Total Led Consortium Enters the North Ras Kanayis Offshore Block

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement … Read More

EGYPT: Eni Makes New Oil Discovery & New Production in the Western Desert

Eni announces a new oil discovery, in Meleiha Concession, in the Western Desert of Egypt. The discovery was achieved through the Arcadia 9 well, drilled on the Arcadia South structure, … Read More

Nigeria to Spearhead Africa Refinery Capacity Additions by 2024

Nigeria is expected to drive the refinery capacity growth in Africa by 2024, contributing around 71% of the region’s total growth. Nigeria is likely to add 1.5 million barrels per … Read More

EGYPT: Eni, Partners Agree for the restart LNG Plant in Damietta & Settlement of Union Fenosa Gas Disputes

Eni signed today a series of agreements with the Arab Republic of Egypt (ARE), the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding Company (EGAS) and the Spanish … Read More

EGYPT/ MOROCCO: SDX Energy Provides Operational Update

Nine months to 30 September 2020 Operations Highlights  ·      Average entitlement production of 6,646 boe/d, an increase of 90% from the nine months to 30 September 2019 (3,501 boe/d) and 64% higher than average production … Read More

The Libyan Oil Industry’s Story of Recovery – And What it Means for the Rest of Africa

By NJ Ayuk, Executive Chairman, African Energy Chamber If I called 2020 a terrible year for the oil industry, no one would take exception. Demand collapsed in the spring, during … 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