Search results

General

Type

Sector

Regions

Sort options

3,946 results found for your search

Issue 224 - 02 February 2012

CAMAC takes offshore blocks

Subscriber

Kase Lawal’s CAMAC Energy has joined Frank Timis’ African Petroleum in licensing exploration acreage offshore The Gambia. CAMAC has agreed to take 85% in blocks A2 and A5, inshore from African Petroleum’s A1 and A4. Gambia National Petroleum Company will be carried at 15% through to first oil.

Gambia
Subscriber

Mozambique has approved Shell’s bid for Cove Energy, and President Guebuza says the government is already talking to its new partner about developing a liquefied natural gas project

Mozambique
Issue 377 - 28 September 2018

South Africa: MPRDA to be withdrawn

Subscriber

A cabinet meeting on 19 September approved asking parliament to withdraw a long-delayed bill amending the Mineral & Petroleum Resources Development Act (MPRDA), which has been under discussion since December 2012. Withdrawal of the amendment bill, which had been heavily criticised by the oil industry, will allow for oil and gas to be separated from mining and given their own law, a solution that will be widely welcomed by upstream petroleum companies.

South Africa
Subscriber

The promise of generous social and economic assistance from the Tunisian government to the local community on Kerkennah Island in the Gulf of Gabès may not be enough to dissuade Petrofac from withdrawing from its gas production concession there. The UK-based company threatened to leave in September following eight months of protests and blockades which have severely interrupted its operations. Its threat prompted the government to offer a package of investments, which was accepted by local unions but not, it seems, by Petrofac.

Tunisia
Issue 147 - 05 October 2008

Ethiopia: Aero survey plans

Free

Epsilon Energy International Ltd has hired New Resolution Geophysics from South Africa to conduct a 27,500km2 aero-gravity and aeromagnetic survey over a portion of its Northwest Study Area. The survey is expected to start in October. The US company, which also has acreage in Yemen, signed a one-year study agreement for the 154,872km2 area in the north-west of the country in June.

Ethiopia
Issue 342 - 16 March 2017

Africa Oil: Relinquishments

Subscriber

Africa Oil Corporation and its partners have opted to withdraw from Ethiopia’s South Omo licence. Africa Oil is also pulling out of Kenya Block 12A, where in Q1 2016 the Tullow-operated Cheptuket well, the first well to test the Kerio Valley Basin, found oil shows. Africa Oil said it wanted to focus on developing the South Lokichar blocks 10BB and 13T. Delonex Energy is pulling out of Kenya Block 9, and its 50% stake will revert to Africa Oil.

Issue 271 - 17 February 2014

Morocco: Onhym information upgrade tender

Free

The Office National des Hydrocarbures et des Mines is inviting expressions of interest from consulting firms to provide technical advisory services to upgrade the Hydrocarbon Exploration Information System. The work includes upgrading the seismic processing and interpretation centres, updating the geoscience software, and studying and reviewing the electronic data management arrangements. Applications are due by 21 February.

Morocco
Subscriber

African Petroleum said on 25 June that it has lodged Request for Arbitration documents with the International Centre for the Settlement of Investment Disputes (ICSID) over the Senegal Offshore Sud Profond and Rufisque Offshore Profond production-sharing contracts (PSCs). The government says the licences expired in 2016 and it has re-licensed ROP to Total, which has acquired seismic and plans a well next year. The company lodged formal notices of dispute with the government in January 2018 for the two blocks.

Gambia | Senegal
Issue 292 - 15 January 2015

Seplat makes bid approach to Afren

Subscriber

London-listed Seplat has confirmed that it has made a preliminary approach to beleaguered Afren. The company has until 19 January to make a firm bid. Afren has been a potential bid target since July, when it suspended chief executive Osman Shahenshah and chief operating officer Shahid Ullah after uncovering evidence that they had received unauthorised payments. The share price crashed, but many commentators noted that the company’s asset portfolio in West and East Africa and Iraqi Kurdistan remained highly attractive.

Issue 329 - 05 August 2016

Uganda: Four firms to negotiate PSAs

Subscriber

The Ministry of Energy and Mineral Development has invited Australia’s Armour Energy and Nigeria’s WalterSmith Petroman Oil, Oranto Petroleum International and Niger Delta Petroleum Resources for negotiations on five production-sharing agreements (PSAs) following Uganda’s first licensing round last year. Armour Energy Limited of Australia will negotiate for the Kanywataba Block, WalterSmith will negotiate for the shallow and deep plays in the Turaco area, and Oranto and Niger Delta will negotiate for the shallow and deep plays in the Ngassa area.

Uganda
Subscriber

ANGOLA: New find on Block 15/06; EGYPT: Mitsui buys in; GABON: Perenco workover raises output; MOROCCO: Exploration progress; NIGERIA/SAO TOME: Total Takes Chevron’s Block 1 stake; NIGERIA: Drilling success for Sinopec; TUNISIA: AfDB funds for Etap; UGANDA: Butiaba appraisal success

Egypt | Angola | São Tomé & Príncipe | Nigeria | Uganda | Gabon | Morocco | Tunisia
Issue 376 - 14 September 2018

Gambia: New awards planned by year-end

Subscriber

As Australia’s Far prepares to drill a well on the Samo prospect later this year, Gambia has drawn up a shortlist of applicants for its open blocks and hopes to make awards by year-end. Petroleum commissioner Jerreh Barrow told African Energy blocks A1 and A4 had received the most interest and the government planned to award the block, even though it is still the subject of arbitration by African Petroleum (AP).

Gambia
Subscriber

The Libyan authorities are doing their best to lift blockades of export terminals and to restart production and exports, but, despite a breakthrough in the west, the main politically motivated stoppages in the Sirte Basin are proving intractable. If eastern production remains blocked, National Oil Corporation (NOC) will struggle to lift production above 700,000-800,000 b/d, approximately half of the post-revolution peak. On 23 September, output had risen to 620,000 b/d from 240,000 b/d on 17 September. Fields supplying the Marsa Al-Brega terminal were contributing 160,000 b/d, and the western offshore fields exporting from the Bouri and Al-Jurf floating terminals were producing approximately 80,000 b/d.

Libya
Subscriber

Operator Cairn Energy began drilling the first of two firm wells in its 2017 programme on 21 January. Partner FAR said SNE-5 and then SNE-6 would be drilled by the Stena Drillmax drillship in the southern area of the SNE oil field to help improve the joint venture’s understanding of the upper SNE reservoir units and ensure potential development wells are placed to optimise oil recovery (AE 336/14). SNE-5 is located approximately 2km south-east of SNE-3. SNE-6 is to be drilled immediately after the completion of SNE-5, and two optional wells may follow

Senegal
Subscriber

Viewed from the 4th Congo International Oil & Gas Conference & Exhibition (CIEHC4) in the Turkish-built Kintélé conference centre outside Brazzaville, there should be little of major concern to Republic of Congo’s oil industry. France’s Total and Italy’s Eni have numerous projects under way and newcomers like Russian billionaire Vagit Alekperov’s Lukoil, US independent Kosmos Energy and trader Mercuria’s upstream arm are bedding in, while local firms led by Africa Oil and Gas Corporation (AOGC) and Petro Congo (Petco) are taking up ever more acreage.

Congo Brazzaville