Namibian president hails ReconAfrica find
Namibian President Hage Geingob has acknowledged Reconnaissance Energy Africa’s find in the Kavango Basin.
E&P
Maersk Drilling wins $24m deal for ultra-deepwater exploration well off Gabon
Petronas has handed Maersk Drilling a $24 million contract to drill one well off Gabon using a deepwater drillship.
ReconAfrica makes onshore Namibia find
Reconnaissance Energy Africa has found oil and gas indicators and shows over three intervals at its first well onshore Namibia.
PIB fails to regain investor enthusiasm
Nigeria’s plans to overhaul its exploration and production sector through the Petroleum Industry Bill (PIB) fall short, according to Mariah Lucciano-Gabriel.
Kosmos reshuffles exploration team
Kosmos Energy has appointed two former Cobalt International Energy executives to run its exploration business.
Maxwell lined up for top slot at Vaalco
George Maxwell has been named as Vaalco Energy’s new CEO, replacing Cary Bounds.
ION wins Kenya seismic ahead of licence round
ION Geophysical has won 3D work offshore Kenya, ahead of a licence round expected in the near term.
ANPG seeks IOR advice under new tender
Angola has invited companies to study secondary recovery methods in a bid to maintain production.
Nigeria takes Addax licences, hands them to Offor
Nigeria has revoked four licences held by Addax Petroleum and handed them to the operator's former contractor.
Cairn signs up for ex-Tullow block in Mauritania
Cairn Energy signed an agreement in Mauritania to operate the C7 block, the company has announced.
Eni scores light oil find offshore Angola
Eni has made a new light oil discovery in Block 15/06, offshore Angola, close to its existing infrastructure.
Shell brings in QP to Orange Basin
Qatar Petroleum (QP) has struck a deal to work with Shell at two blocks offshore Namibia.
Tullow begins Ghana drill programme
Tullow Oil has launched its drilling programme in Ghana, spudding a first well on the Jubilee field on April 5.
PetroNor returns to arbitration in Senegal dispute
PetroNor’s bid to avoid arbitration over a licence dispute with Senegal has failed.
Angola plans delayed roadshow
Angola will hold a roadshow session for its 2020 bid round on April 12, pushed back from April 6.
Total notes African delays, drilling plans
Total expects to start up its Ikike field, offshore Nigeria, by the end of 2021 and will drill a number of exploration wells across its African portfolio.
Lukoil drops FAR offer, Woodside in pole position
Lukoil has pulled its non-binding bid for FAR, clearing the way for Woodside Energy to increase its stake in the Sangomar project.
Pharos cuts breakeven at El Fayum
Pharos Energy has secured improved fiscal terms on its El Fayum concession, in Egypt’s Western Desert.
Etinde FID delayed once more
A final investment decision for the Etinde project in Cameroon has slipped once more, with Bowleven now tipping 2022.
Eni to relaunch Berkine work in Algeria deal
Eni has signed a number of agreements, including on relaunching exploration and development, with Algeria’s Sonatrach.
Eni settles Congo charges
An Italian judge has approved a settlement with Eni over alleged corruption in Congo Brazzaville.
Invictus raises cash for Zimbabwe seismic, drilling
Australia’s Invictus Energy has completed a capital raise of A$8 million ($6.1mn), which it will use to progress work on its Zimbabwean hopes.
Chariot expands into green power for mines
Chariot Oil and Gas is diversifying into renewable energy for mines, under a deal to acquire Africa Energy Management Platform (AEMP).
ADM lines up Barracuda buy
ADM Energy has set out a plan to acquire a stake in the Barracuda field, in Nigeria’s OML 141.
iMbokodo to rock South Africa’s upstream
iMbokodo Exploration and Production is a South African company with a difference, it is led by women and has the cash to back up its aspirations.