Galp and its partners have spudded another well in the Orange Basin, off Namibia, following the discovery of light oil and gas condensate in an appraisal well announced earlier in December.After the discovery at the Mopane-1A well, Galp and its PEL83 offshore block partners, NAMCOR and Custos, have decided to retain Saipem’s Santorini drillship to continue the ongoing exploration and appraisal campaign to avoid mobilization and de-mobilization costs…
Offshore drilling contractor Borr Drilling has secured a contract for its Norve jack-up rig for drilling operations in West Africa.The work, with a repeat customer whose name was not disclosed, is in direct continuation of the Marathon Oil contract and is estimated to begin in third quarter of 2025…
Equinor has closed transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2 billion.After more than 30 years as a business partner in Azerbaijan and Nigeria, transactions leading…
Libya's National Oil Corporation (NOC) will announce a bidding round for oil and gas exploration concessions before year-end, NOC's chairman said on Tuesday.It would be the first bidding round by the OPEC member country since the 2011 NATO-backed uprising that toppled leader Muammar Gaddafi…
Offshore drilling contractor Shelf Drilling has secured work for its Main Pass IV jack-up rig offshore Nigeria.The firm term of the contract is approximately two years, and is scheduled to begin in December 2024, according to Shelf Drilling…
Kosmos Energy and its partners have concluded the drilling of Akeng Deep exploration well at Block S offshore Equatorial Guinea, which failed to deliver a commercial discovery.The well was drilled to a total vertical depth of approximately 4…
Portuguese oil and gas company Galp has found light oil and gas-condensate in an appraisal well drilled in Orange Basin block, offshore Namibia.The appraisal well, Mopane-1A, was spud on October 23 with Saipem’s Santorini drillship, at PEL83 offshore block…
Eni and the Ministry of Mines, Oil and Energy of Côte d’Ivoire have signed the contracts for the acquisition of four new offshore exploration blocks.The blocks CI-504, CI-526, CI-706 and CI-708 cover a total area of about 5,720 square kilometers with a water depth ranging between 1…
TotalEnergies is seeking environmental authorisation to drill up to seven exploration wells in the southern part of its Deep Water Orange Basin (DWOB) block off the west coast of South Africa, documents from environmental consultants SLR showed on Tuesday…
Canadian oil and gas exploration company Africa Energy has formally become the operator of Block 11B/12B offshore South Africa, following the withdrawal of three partners from the development.Africa Energy assumed operatorship of the block through its investment in Main Street 1549…
Bourbon Logistics has secured a new fully integrated logistics contract by an unnamed oil and gas major to support its exploration campaign and the drilling of its first well in the waters of southern Namibia.The campaign, estimated to last about six months…
Oslo-listed oil and gas company Panoro Energy has signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23.Panoro now holds an 80% participating interest and operatorship of Block EG-23, and…
QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea, offshore Egypt.According to the agreement, QatarEnergy will acquire a 23% interest…
Angola intends to replicate its maiden multi-year licensing round for oil and gas acreage from 2026, a senior government energy official said on Thursday, as the country looks to boost production and investment.The first multi-year auction for 50 onshore and offshore blocks was for 2019-2025…
Exxon Mobil is expecting the first liquefied natural gas (LNG) output from its project in Mozambique in 2030, a company executive said on Thursday.Exxon along with partners including Eni and China's CNPC are developing an LNG project in northern Mozambique…
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