Sonangol farm-out plans disappoint
Results from Sonangol’s farm-out plans have been a “disappointment”, Welligence Energy Analytics has reported.
E&P
Shino backs ReconAfrica in committee talks
Namibian Petroleum Commissioner Maggy Shino has defended Reconnaissance Energy Africa’s conduct in the Kavango region.
BW Energy takes two blocks in Gabon’s delayed round
BW Energy has signed up to two new exploration blocks offshore Gabon as part of the country’s often delayed 12th offshore licensing round.
ReconAfrica nears completion of seismic amid complaints
Reconnaissance Energy Africa has come under fire for alleged damage during its 2D seismic campaign, with calls for the Namibian government to withdraw approval.
Geofizyka Torun starts Mozambique seismic for Sasol
Geofizyka Torun has begun shooting 3D seismic onshore in Mozambique for Sasol.
Pay South Sudan to leave the oil in the ground, ICG suggests
South Sudan has largely squandered its oil revenues, with International Crisis Group (ICG) suggesting the state be paid to not produce.
Eni, Cote d’Ivoire talk Baleine development
Eni CEO Claudio Descalzi has held talks with Cote d’Ivoire President Alassane Ouattara on plans to fast track the development of the Baleine 1-X discovery.
ReconAfrica’s Evans talks up Namibian plans
As one of the few companies carrying out exploration in sub-Saharan Africa, Reconnaissance Energy Africa (TSXV:RECO; OTC:RECAF; FRA:0XD) is keenly aware of justifying its presence.
United sees “so much opportunity” with drilling on the rise
It is the “greatest time to be in the industry”, United Oil & Gas CEO Brian Larkin told Energy Voice, following the announcement of the company’s interim results.
Angola sets out contractor winning groups for onshore awards
Angola has announced the contractor groups for its onshore bid round, as it moves towards new awards.
Cairn, Cheiron complete Shell deal in Western Desert
Cairn Energy and Cheiron Petroleum have completed their acquisition of assets in Egypt’s Western Desert from Shell.
Flurry of African exploration incoming
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
ReconAfrica sheds light on geology amid partnering plans
Reconnaissance Energy Africa is disclosing more information on its efforts, even while short sellers maintain criticism of its plans.
Pharos farms out Egyptian assets to IPR
Pharos Energy has struck a farm-out and sale agreement for a stake in its Egyptian assets with a subsidiary of IPR Energy.
Tullow Oil hits goals, rethinks Kenya plan
Tullow has hit financial goals and is looking to farm down its Kenyan operations, as it focuses further on its Ghanaian operations.
IUCN votes against ReconAfrica exploration
The International Union for Conservation of Nature (IUCN) has called on Botswana and Namibia to increase scrutiny of oil and gas plans in the Okavango Delta.
Petrofac signs $100m EPCC contract in Libya
Petrofac has signed an engineering, procurement, construction and commissioning contract worth more than $100 million in Libya.
With seismic under way, ReconAfrica reports net pay
Reconnaissance Energy Africa has found five potential reservoir zones in the 6-2 well and made progress on seismic.
Eni breaks open new play offshore Cote d’Ivoire
Eni has made a major discovery offshore Cote d’Ivoire at its Baleine-1x well.
Metallon calls it quits in Lekoil dispute
Miner Metallon has sold off its stake in Lekoil, sparking a near 30% rise in the Nigerian oil company’s share price.
Shell, Impact win more time off South Africa
Shell has completed a deal to enter the Transkei & Algoa exploration right, offshore South Africa, with Impact Oil & Gas.
Invictus preps for Muzarabani seismic
Zimbabwe-focused Invictus Energy expects to begin acquiring seismic in the first week of September.
Crunch time looms for Libya’s Agoco
Arabian Gulf Oil Co. (Agoco) is on the verge of halting operations, complaining of a shortage of cash to sustain its budgets.
Somoil launches drilling programme onshore Angola
Angola’s Somaoil has contracted the Falcon 1000HP rig to carry out drilling onshore, with the aim of ramping up production by 30% by 2024.
BW Energy strikes oil at Dussafu exploration
BW Energy has found oil at the Hibiscus North exploration well (DHBNM-1) at the Dussafu Block, offshore Gabon.