Exploration
News
January 22, 2025
In an exclusive interview with Energy Capital & Power, Pedro Ribeiro shared TotalEnergies strategic plans to enhance field performance, increase production at Waha and Sharara and advance exploration efforts in the Murzuq Basin.
News
January 21, 2025
Nigeria ranks as Africa’s top destination for upstream oil and gas investment in 2024, research from Wood Mackenzie shows. The African Energy Chamber commends Nigeria for its dedication to simplifying policies and facilitating market growth in the energy sector.
News
January 19, 2025
In an exclusive interview with Energy Capital & Power, Josu Jon Imaz, CEO of Repsol, shares insights on the company’s production growth strategy, a nine-well exploration drilling campaign and its involvement in Libya’s upcoming bid round.
News
January 19, 2025
Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit.
News
January 14, 2025
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report.
News
January 14, 2025
The Republic of Congo will officially launch its licensing round for open oil and gas blocks at the upcoming Congo Energy and Investment Forum (CEIF), scheduled to take place on March 25-26 in Brazzaville.
News
January 13, 2025
Libya’s top international operators and the National Oil Corporation (NOC) will take center stage at the Libya Energy & Economic Summit in Tripoli next week for the panel Unlocking Libya: The Next Frontier for Exploration and Investment.
News
January 13, 2025
Eco (Atlantic) Oil & Gas Ltd. announced completion of its transaction with Africa Oil Corp. and Africa Oil SA Corp (AOSAC) for the sale of a 1% Participating Interest in Block 3B/4B, and replacement of a member of the board.
News
January 09, 2025
(Bloomberg) – Norway’s oil and gas companies delivered record levels of natural gas in 2024 and will drill a similar number of exploration wells this coming year, in a push to offset production declines later in the decade.
News
January 07, 2025
Petro-Victory Energy has announced a strategic partnership with Blue Oak Investments aimed at acquiring Exploration and Production (E&P) assets and companies in Brazil and Latin America.
News
January 07, 2025
Laredo Oil, Inc., an oil E&P company with over 30,000 net acres of mineral rights in the West Fork field in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field.
News
January 04, 2025
Egypt President Abdel Fattah El-Sisi has emphasized the importance of developing newly discovered wells and including them in the nation's production plan, as well as intensifying exploration activities in Egypt's onshore and offshore areas.
News
January 02, 2025
Activity in the oil and gas sector increased slightly, and production was mixed in fourth quarter 2024, according to executives at exploration and production (E&P) firms responding to the Dallas Fed Energy Survey.
News
December 13, 2024
(Bloomberg) – Kosmos Energy Ltd. and Tullow Oil Plc both acknowledged early merger talks on Thursday, following media speculation. Together, the companies would create an Africa-focused explorer with production exceeding 120,000 boed.
News
December 09, 2024
The 2024 China-Africa Think Tank Energy Forum recently convened in Chad's capital, N'Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities.
News
December 08, 2024
(Bloomberg) – Chappal Energies has completed the acquisition of Equinor Nigeria Energy Company, a unit of Norway-based Equinor ASA, in a deal that brings immediate production and cashflow benefits, Chappal says.
News
December 06, 2024
(Bloomberg) – Colombia’s biggest offshore natural gas discovery by Petrobras and Ecopetrol SA could triple the country’s reserves if the deposit is commercially viable, potentially easing the nation’s shortfall.
News
December 01, 2024
(Bloomberg) – TotalEnergies may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment in its hydrocarbon production are making progress.
News
November 26, 2024
(Bloomberg) – A harsh winter would push Asian and European consumers into competition for the same gas as supplies of the fuel are stretched, according to Equinor ASA. Plans for oil production from the Norwegian continental shelf remain unchanged, says Equinor.
News
November 21, 2024
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector.
