Chariot reaches initial gas deal on Anchois plan
Chariot has reached a framework agreement on gas sales from its Anchois project with Office National de l'Electricité et de l'Eau Potable (ONEE).
E&P
Rig arrives in Namibia for Shell appraisal
Northern Ocean has delivered a semisubmersible drilling rig to Shell Upstream Namibia.
Savannah completes Exxon deal, inks South Sudan purchase
Savannah Energy (LON:SAVE) has completed its acquisition of ExxonMobil’s (XOM) assets in Chad and Cameroon, while launching a new deal this morning to acquire Petronas’ (KLSE:PETGAS) interests in South Sudan.
Vaalco struggles to reach goals at Gabon well
Vaalco Energy has seen some disappointing results from a recent well offshore Gabon, but is looking for solutions.
ReconAfrica looks to Wisdom for share price salvation
Reconnaissance Energy Africa has rethought its drill plans as it attempts to recapture some of the momentum it has lost.
Liberia drops deadline for offshore offerings
Liberia has dropped its deadline for direct negotiations on acreage offshore, opting to allow these to continue indefinitely.
Nigeria sees bolt on progress, amid delays for big-ticket deals
Nigeria expects IOCs working in the deepwater to launch new projects, although the big ticket items face continued delays.
Pirates see better risk-reward in Nigeria’s oil theft industry
Oil bunkering in Nigeria is a more attractive industry than piracy, for now, but this may change in late 2023.
NewMed signs up with Morocco for controversial exploration
NewMed Energy has signed up with Morocco to explore an area in the disputed Western Sahara.
Report: Chevron strikes gas off Egypt
Chevron has found gas off Egypt at its Nargis block, according to Welligence Energy Analytics.
Yinson steps up for Azule FPSO off Angola
Yinson Production has agreed to work on the Agogo FPSO for Azule Energy, in Angola’s Block 15/06.
Maurel makes all-cash offer to acquire Wentworth
Maurel et Prom has made an offer to acquire Wentworth Resources, its partner at a Tanzanian gas project.
Shell allowed to appeal $1.8bn Nigerian court order
Nigeria’s Supreme Court said a Shell subsidiary can appeal a judgment directing the company to pay compensation over alleged pollution in a legal dispute that is holding up the oil giant’s efforts to sell assets in the West African country.
SDX CEO exits, as Bhattacherjee goes executive
SDX Energy has appointed Jay Bhattacherjee as interim executive chairman, while CEO Mark Reid is leaving immediately.
Equatorial Guinea, Congo team up on refinery plan
Equatorial Guinea and Congo Kinshasa have signed an agreement to work together, including in the construction of a joint-owned refinery and a controversial licence round.
Exxon to decommission Zafiro, eyeing licence expiry
ExxonMobil is “working towards” decommissioning its Zafiro Producer unit, offshore Equatorial Guinea.
Ponticelli begins maintenance work at Total’s Alima
Workers from Ponticelli Frères are going to work on TotalEnergies’ Alima FPU, in Congo Brazzaville, for a planned 16 days of maintenance.
Perenco opens new pre-salt Congolese play
Perenco has reported drilling success at its PNGF Sud licence, in Congo Brazzaville, potentially opening a new play.
Woodside celebrates next Sangomar step
Companies building the Sangomar FPSO have completed their work, keeping the Senegalese field on schedule for start in late 2023.
BP wins two more blocks off Egypt
Egypt has awarded two exploration blocks in the Mediterranean Sea to BP, close to its existing assets.
Eni plunges into Thuraya work, picking up from Dana Gas
Eni has begun drilling the Thuraya prospect, offshore Egypt, hoping to replicate the success of its major Zohr find.
Tanzania tweaks terms for Ruvuma PSA ahead of production
The Tanzanian government has signed an update to the production-sharing agreement (PSA) for the Ruvuma licence, pledging support for expansion plans.
Invictus shareholders take against employee shares as Lake leaves
Despite positive drilling results in Zimbabwe, Invictus Energy ran into headwinds at its AGM, with shareholders opposing a number of resolutions and chairman Stuart Lake opting to leave.
Gas over coal for South Africa, TotalEnergies boss argues
TotalEnergies can develop gas offshore South Africa responsibly, the CEO has argued, and help the country reduce emissions.
Europa walks away from Moroccan frontier
Europa Oil & Gas is relinquishing it Moroccan licence, which it acquired in 2019, after failing to find a partner.