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Dana Gas Terminates Agreement for Sale of Egyptian Assets

Dana Gas has announced the termination of its agreement for the sale of its Egyptian assets as several conditions necessary for the completion of the transaction were not satisfied by...
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Indian Oil Imports from OPEC Member Countries Drops to Two-Decade Low

The Organisation of Petroleum Exporting Countries's share of the world's third-biggest oil importer’s import fell to the lowest in at least two decades in the year-to-end of March as the...
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Lenders Withdrawing from Total’s Hoima – Tanga Crude Oil Pipeline (EACOP)

Several lenders are reportedly walking away from financing the Total SE-sponsored  EACOP project, barely three weeks after the official launch. Last week, it was reported in French Newspaper, Les Echos,...
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SDX Provides Update on its Drilling Operations in Morocco

SDX Energy has announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year. The...
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Woodside Energy Contracts Zenith Energy a Drilling Contract Offshore Senegal

Project and well management firm, Zenith Energy, has been awarded a multi-year contract by Woodside Energy (Senegal) B.V. for drilling and completion engineering and ad-hoc support services for the Sangomar...
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PetroNor Receives Approvals to Proceed with SPE Guinea Bissau AB Purchase

Independent oil and gas exploration and production company with a focus on sub-Saharan Africa, PetroNor, has released an update on its purchase of SPE Guinea Bissau AB. The purchase was...
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NOC Libya Lifts Force Majeure on Marsa el-Hariga Terminal

In a statement on Monday, 26th April 2021, the National Oil Corporation of Libya (NOC) stated that crude loadings out of the 250,000 b/d Marsa el-Hariga terminals were set to...
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ADM Energy Completes Barracuda Field Acquisition Offshore Nigeria

ADM Energy has announced the completion of its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda field in OML 141, offshore...
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Algerian Natural Gas Exports Increased in Q1 2021 – Sonatrach

In a statement released last week, the national oil company of Algeria, Sonatrach, announced that Algerian gas exports recorded an increase in the first quarter of 2020, due to an...
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BP Announces Gas Production from the Third Stage of West Nile Delta Development in Egypt

BP has announced gas production from the Raven field, off the Mediterranean coast in Egypt. This is the third stage of its major West Nile Delta (WND). The WND development...
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