EQUATORIAL GUINEA: Panoro Energy to Recommence Drilling Program With the Arrival of Noble Venturer Drill Ship

Panoro Energy says it has taken note the announcement by Trident Energy, the operator of Block G offshore Equatorial Guinea, confirming the arrival of the Noble Venturer drill ship at … Read More

EQUATORIAL GUINEA: Panoro Energy Secures Rig to Recommence Drilling Offshore Block G

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 … Read More

EQUATORIAL GUINEA: Panoro Energy Provides an Update on the Drilling campaign on Block G in January

Panoro Energy provides an update on the drilling campaign offshore Equatorial Guinea that commenced on Block G in January.   Upon recommendation of the Operator, Trident Energy, the joint venture … Read More

EQUATORIAL GUINEA: Panoro Energy Confirms Ratification of Block EG-01 Award and Approval of Block S Farm-in

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.  Panoro has been … Read More

EQUATORIAL GUINEA: Marathon Oil Reaches Agreement to Further Develop Gas Mega Hub

Marathon Oil Corporation, through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.) and Noble Energy E.G. Ltd, a … Read More

EQUATORIAL GUINEA: Africa Oil, Panoro Energy Awarded Offshore Blocks

Africa Oil has announced that it has signed two production sharing contracts (PSCs) with the Republic of Equatorial Guinea for offshore Blocks EG-18 and EG-31. These PSCs are subject to ratification by … Read More

Glencore fined $314M for ‘Highly Corrosive’ and ‘Endemic’ Corruption in 5 African Oil States

Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More

VAALCO Energy Announced the Closing of the Strategic Combination with TransGlobe Energy Corporation

The combined Company is a leading African-focused operator with a strong production and reserve base, a diverse portfolio of assets in Gabon, Egypt, Equatorial Guinea and Canada, and significant future growth potential. KEY HIGHLIGHTS … Read More