Sound buys out Schlumberger in Morocco deal
Sound Energy is buying out partner Schlumberger from its position in shared eastern Moroccan acreage.
E&P
ReconAfrica signs JOA with Namcor on Kavango exploration
Reconnaissance Energy Africa has signed a joint operating agreement (JOA) with Namcor.
McDermott, Sinopec take $2bn Tilenga job
TotalEnergies has chosen McDermott and Sinopec International Petroleum Service Corp. to carry out work Uganda’s Tilenga project.
Trident to begin Elon drilling this month
Trident Energy will begin drilling in Equatorial Guinea’s Block G on June 22, following the arrival of the Sapphire Driller rig.
Lekoil sacks CEO amid loan fall out
Lekoil has sacked its CEO Olalekan Akinyanmi with immediate effect, the company has said.
Sasol signs gas, LPG agreements to launch PSA project
Sasol has signed agreements to supply gas and LPG, allowing work to begin on the up-, mid- and downstream to begin in Mozambique.
ReconAfrica scores with second Namibia well
Canada’s Reconnaissance Energy Africa has found further evidence of a working petroleum system in the Kavango Basin, in the first section of its second well.
Savannah in talks to buy Exxon’s Chad, Cameroon assets
Savannah Energy is in talks to buy ExxonMobil’s entire up- and midstream portfolio in Chad and Cameroon.
Tullow’s non-exec chair Thompson steps down
Tullow Oil’s non-executive chair Dorothy Thompson will step down from the board, triggering a search for a replacement.
Abu Sennan fast tracks discovery into production
The joint venture working at Abu Sennan has started production from a well only two months after the discovery, United Oil & Gas has said.
ReconAfrica warns against short sellers
Reconnaissance Energy Africa continues to come under fire from various sources, including short sellers, but it has received public affirmation for its plans from local government in Namibia.
Valaris wins TotalEnergies well in Cote d’Ivoire
Valaris has won a one-well contract from TotalEnergies for work in Cote d’Ivoire, as operations begin to resume in the West African state.
DPR dishes out marginal field awards
Nigeria’s Department of Petroleum Resources (DPR) has completed the distribution of marginal fields to indigenous companies.
BP, Eni talk potential deals in Algeria – report
BP is considering the transfer of its assets in Algeria to Eni, according to a report from Reuters.
Nigeria expects marginal field production in 2022
Nigeria’s government expects new marginal fields to begin producing in 2022, as signature bonuses flow in and work is near getting under way.
Uganda arrests NGO worker after Total’s Tilenga investigation
Ugandan police have arrested an NGO member and an Italian journalist, in a move seemingly linked to an investigation of Total’s Tilenga project.
Gazprom plans Libya production boost following restart
Gazprom EP International has restarted production in Libya, where it works with Wintershall Dea.
Shell moves closer to new Bonga plan with NNPC deal
Nigerian National Petroleum Corp. (NNPC) has signed an agreement with its partners on OML 118, home of the Bonga field.
Eni under fire in Ghana on Springfield unitisation
A lack of co-operation between Eni and Springfield E&P in Ghana risks losing the state $6.34 billion, the Institute for Energy Studies (IES) has warned.
Somalia dismisses revenue split with Kenya
Somalia has denied reports that the resumption of diplomatic relations with Kenya stems from an oil-sharing agreement on the offshore.
South Africa hits Karoo gas
South African Minister of Mineral Resources and Energy Gwede Mantashe has raised the prospect of gas discoveries in the Karoo.
Equinor signs up with Sonatrach
Equinor is the latest company to sign a memorandum of understanding (MoU) with Algeria’s Sonatrach.
ADM sheds light on mystery Middle Eastern investor
ADM Energy has provided a clarification on a potential investor, following a number of questions.
Vaalco sets out opportunities and appetites
Vaalco Energy has a new CEO and a strategy that aims to place the company among its West Africa-focused peers on the London market.
Africa Energy seeks rig for third quarter
Africa Energy is seeking a rig to drill the Gazania-1 well, offshore South Africa in the third quarter of the year.