News
December 01, 2023
Angola, Africa’s second-largest crude producer, will produce 1.18 MMbpd from January, above the 1.11 MMbpd quota set out in the OPEC agreement on Thursday.
News
November 29, 2023
Since production started in 2008, the Agbami field has produced more than 1 Bbbl of oil, creating value for the partners and the Nigerian society.
News
November 28, 2023
The stalemate may not be resolved before the scheduled OPEC meeting on Nov. 30, potentially requiring a further delay, one delegate said.
News
November 27, 2023
The Mopane exploration well, which has been spud, is the first of two wells which are scheduled to be drilled by the semi-submersible rig Hercules under a contract that provides for two wells and optional testing.
News
November 26, 2023
While bp sought to export the gas from the Yakaar-Teranga natural gas field, Senegal wanted it for domestic use to fire power plants, Minister of Oil and Energy Antoine Félix Diome said in parliament on Saturday.
News
November 23, 2023
Oil production from Baleine stands at 20,000 bpd, far exceeding the initial anticipated 12,000 bpd. The project is set to reach its plateau of 50,000 bopd by the end of 2024.
News
November 23, 2023
The spat involving African members dredges up a disagreement from June, when Angola, Congo and Nigeria were pushed by Saudi Energy Minister Prince Abdulaziz bin Salman to accept reduced output targets for 2024 that reflected their diminished capabilities.
News
November 22, 2023
Egypt is set to resume exports of liquefied natural gas (LNG) following a months-long hiatus after supplies of the fuel from Israel increased.
News
November 20, 2023
(WO) — Invictus Energy Ltd. has reported significant progress in the drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe.
News
November 16, 2023
Nigeria is withdrawing civil claims totaling $1.1 billion against energy giant Eni SpA, ending a long battle in Italian courts over allegations of corruption in an oil-field deal.
News
November 13, 2023
The West African nation’s junta has sought bids from companies to identify potential areas and produce basic data that’d help attract investors, according to a tender published by state oil company Societe Nationale des Petrole.
News
November 09, 2023
The future expert dialogue will focus on the role of natural gas for Algeria and beyond, as well as on topics around energy transition such as the use of hydrogen and CCS.
News
November 09, 2023
Yakaar-Teranga is one of the world’s largest natural gas discoveries in recent years and holds around 25 Tcf of advantaged gas in place, with negligible carbon dioxide content and minimal impurities, reducing the need for processing ahead of transportation/liquefaction.
News
November 09, 2023
PGS was awarded a 4D acquisition contract offshore West Africa. Mobilization is scheduled for Q4 and the contract has a total duration of approximately 60 days.
News
November 06, 2023
Preliminary estimates of recoverable volumes at Hibiscus South are 6-7 MMboe and in line with pre-drill expectations of approximately 16 MMboe in place / 7 MMboe recoverable.
News
November 05, 2023
The African Energy Chamber, therefore, strongly calls for an end to the demonization of oil and gas, encouraging African and Caribbean nations to collaborate towards a common and fair energy agenda.
News
November 01, 2023
Submissions for the blocks are now due between April and May, the ministry said on Wednesday. The deadlines were previously October, November and December.
News
October 31, 2023
Chevron and the Angola Government plan to evaluate various projects related to nature-based and technological carbon offsets, lower-carbon intensity biofuels and products such as hydrogen, carbon capture and storage, and the creation of a regional center of excellence to incentivize and attract lower carbon investments.
News
October 31, 2023
The EIA integrates recommendations from the National Environmental Committee, is valid for five years and covers all aspects of the natural gas development, including future wells and offshore infrastructure, the onshore Central Process Facility and link to the GME pipeline.
News
Oil industry pushes South Africa to finalize new hydrocarbon law to increase exploration, production
October 27, 2023
The legislation will ensure the orderly and sustainable development of petroleum resources, the increased participation of Black South Africans in the industry and integrated production and exploration rights, according to its preamble.
News
October 27, 2023
EACOP will have the capacity to pump up to 230,000 bopd down a specially designed 1,443 km-long `smart’ pipe from western Uganda to the Indian Ocean coastline of Tanzania.
