Reconnaissance Energy Africa is disclosing more information on its efforts, even while short sellers maintain criticism of its plans.
Pharos Energy has struck a farm-out and sale agreement for a stake in its Egyptian assets with a subsidiary of IPR Energy.
Tullow has hit financial goals and is looking to farm down its Kenyan operations, as it focuses further on its Ghanaian operations.
The International Union for Conservation of Nature (IUCN) has called on Botswana and Namibia to increase scrutiny of oil and gas plans in the Okavango Delta.
Petrofac has signed an engineering, procurement, construction and commissioning contract worth more than $100 million in Libya.
Reconnaissance Energy Africa has found five potential reservoir zones in the 6-2 well and made progress on seismic.
Eni has made a major discovery offshore Cote d’Ivoire at its Baleine-1x well.
Miner Metallon has sold off its stake in Lekoil, sparking a near 30% rise in the Nigerian oil company’s share price.
Shell has completed a deal to enter the Transkei & Algoa exploration right, offshore South Africa, with Impact Oil & Gas.
Zimbabwe-focused Invictus Energy expects to begin acquiring seismic in the first week of September.
Arabian Gulf Oil Co. (Agoco) is on the verge of halting operations, complaining of a shortage of cash to sustain its budgets.
Angola’s Somaoil has contracted the Falcon 1000HP rig to carry out drilling onshore, with the aim of ramping up production by 30% by 2024.
BW Energy has found oil at the Hibiscus North exploration well (DHBNM-1) at the Dussafu Block, offshore Gabon.
Reconnaissance Energy Africa has seen its share price fall since providing further information on its drilling results.
African exploration is considering new ways forward amid discussions of the energy transition, but conventional opportunities remain.
Tanzania has extended the Ruvuma production-sharing agreement (PSA) to provide time for development of the area’s gas plans.
Valaris has agreed to provide its Valaris DS-10 rig for Shell’s upcoming exploration in Namibia and Sao Tome & Principe.
An attack in Nigeria’s Imo State has left seven Shell contractors dead, according to local reports.
BP has agreed to pay cash to The Gambia in order to avoid the drilling of an exploration well on Block A1.
Shell is making plans to exit its onshore business in Nigeria, but Wood Mackenzie has called for caution from prospective buyers.
Dana Gas has reported strong first half results, with profits and cash flow rising from Egypt and Kurdistan.
Tower Resources has struck a binding heads of agreement (HoA) to farm out its Cameroonian licence to Beluga Energy.
Ghana has set out plans to borrow up to $1.65 billion to acquire upstream stakes – but NGOs have come out fighting.
Australia-listed Armour Energy is restarting its 2D seismic programme in Uganda, two years after declaring force majeure.
The Al Jahraa-8 development well on Egypt’s Abu Sennan concession has flowed at a maximum rate of 2,819 barrels of oil equivalent per day, United Oil & Gas has reported.