News
March 31, 2023
The expanded development secures future fuel gas volumes for E.G.'s power generation needs, provides longer-term employment opportunities for Equatoguineans, and will positively impact the local communities' economy.
News
March 30, 2023
South Africa has taken a proactive approach to developing its renewable energy sector and attracting investors.
News
March 29, 2023
"I believe South Africa should also continue to build upon intra-African collaboration, using African resources to generate and deliver energy domestically rather than exporting it abroad, said NJ Ayuk, Executive Chairman of the African Energy Chamber.
News
March 28, 2023
In an exclusive interview with the African Energy Chamber, Foday B. L. Mansaray, Director General of Sierra Leone’s Petroleum Directorate, spoke on the country’s exploration agenda to develop its hydrocarbon-rich, ultra-deep basins
News
March 27, 2023
French-based engineering and technology company Technip Energies has emerged as the partner of choice for African oil and gas producers, with the company deploying its state-of-the-art technology and developing a series of large-scale projects across the African continent.
News
March 23, 2023
Seismic surveys use sound waves to help oil and gas companies build an image of hydrocarbon deposits buried deep underground. They are considered a fast and efficient way to map out new reserves, which is essential given that the world’s oil and gas supplies are dwindling even as energy demand is soaring, and renewables aren’t ready to do the heavy lifting of keeping the lights on around the globe.
News
March 23, 2023
Decom deployed its C1-24 chop saw in water depths of up to 1,050 meters as part of a decommissioning operation to recover a jumper connector on behalf of Total Energies in the Gulf of Guinea, offshore the Democratic Republic of Congo.
News
March 21, 2023
The joint venturers expect to spud the first development well in early 2024, acquire, convert, and install oil production infrastructure over the next 3 years, and spud an additional development and a water injection well in 2025-26.
News
March 21, 2023
Currently, the South African energy situation represents an economically challenging one, with the report identifying that the year 2022 witnessed new electricity outage records, with an over 300% increase in outage hours compared to 2021.
News
March 21, 2023
Eco Atlantic Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, and its partners are applying for Environmental Authorization to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa.
News
March 14, 2023
ANPG, Exxon and state-owned Sonangol signed an addendum to blocks 30, 44, and 45 in the Namibe Basin to make exploration in the area more competitive. Exxon will pursue a potential exploration well in 2024 as a result of improved fiscal terms.
News
March 13, 2023
The Washington-based lender in 2019 stopped financing oil and gas extraction projects, aside from “exceptional circumstances” where projects in the poorest countries help connect more people to energy.
News
March 09, 2023
RISC’s analysis of the license identifies total Unrisked Gross P50 Prospective Resources of approximately 4 Bboe. Exploration risk for the identified prospects and leads were assessed by RISC to range from 15% to 39%.
News
March 08, 2023
The Anchois gas field is located within the Lixus Offshore license area, in which Chariot holds a 75% interest and operatorship, alongside ONHYM which holds a 25% interest.
News
March 06, 2023
QatarEnergy made a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia.
News
March 03, 2023
Ramform Titan is mobilizing for the survey and acquisition is expected to complete in late May 2023.
News
March 02, 2023
Sintana Energy and Woodside Energy have entered into an agreement for Woodside to acquire a 56% participating interest in Petroleum Exploration License 87 if the company pays the full cost for a 3D-seismic survey covering an area of at least 5,000 square km within the license area for roughly $35 million.
News
March 02, 2023
The Organization of Petroleum Exporting Countries boosted supplies by 120,000 bpd to 29.24 MMbpd, with the West African nation accounting for two-thirds of the increase as its output reached a one-year high.
News
March 02, 2023
The LNG project, once touted as Africa’s biggest private investment, stalled in 2021 following terror attacks by Islamic State-linked rebels in Mozambique’s northeast. Progress in containing the violence has led to speculation that work may resume in the coming months, but TotalEnergies has yet to make a decision.
News
March 01, 2023
Following this operation, Eni's equity production in Algeria will rise to approximately 130,000 boed in 2023, further confirming the company's position as the main international energy company operating in the country.
News
March 01, 2023
The contract includes the seventh-generation drillship named Deep Value Driller, one of the most modern in the world.
