Tullow production to fall in 2021
Tullow Oil expects production to continue declining in 2021 as its Ghanaian assets continue to slide.
E&P
Domestic demand in Morocco sets stage for micro LNG
Appealing fiscal terms and a desire to tackle emissions has made Morocco an attractive destination for investment.
GlobalData questions South Africa’s gas development
Discoveries offshore South Africa have “no clear route to commercialisation”, according to GlobalData.
Tunisia offers opportunities, frustrations
Tunisia holds opportunities for investors, but government processes and local unrest have slowed developments.
Belltree wins Angolan field analysis work
Edinburgh-based Belltree has won work to assist Angola’s oil industry regulator in assessing field performance.
Maurel appoints John Anis as chairman
Maurel et Prom has appointed John Anis as the chairman of the board, to replace Aussie Gautama.
Apex scores second Western Desert find
Privately backed Apex International Energy has announced a second oil find in Egypt’s Western Desert, with another well still to go.
Waha Oil cuts production on pipeline work
Waha Oil Co. has cut production in order to carry out maintenance on the 32-inch pipeline connecting fields to the Es Sider terminal.
Shell sells OML 17 stake for $533mn
Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.
Frontier launches North Africa and Mediterranean event
Frontier Energy will hold its North Africa and Mediterranean E&P Summit online on January 28, showcasing the region’s future energy potential.
Osinbajo hails expected cost cuts under PIB
A number of Nigerian voices have come out in support of the Petroleum Industry Bill (PIB) this week.
Pharos cuts better deal in Egypt, seeks farm out
Pharos Energy intends to farm out its Egyptian assets, with the company hiring Jefferies to handle the process.
ReconAfrica spuds first Namibia well
Reconnaissance Energy Africa has begun drilling its first well in Namibia’s Kavango Basin.
COVID-19, hydropower drive down Orca revenues
Orca Energy sold less gas in 2020, down 8.6% year on year, as a result of COVID-19 and strong hydropower generation in Tanzania.
Senegal sees 2023 start for BP-backed LNG project
The Grand Tortue Ahmeyim gas field development, straddling the offshore waters of Mauritania and Senegal, is expected to produce its first gas in 2023 following delays related to the coronavirus pandemic, according to Senegal’s Oil Minister Sophie Gladima.
Victory for Metallon in Lekoil vote
Lekoil shareholders have backed Metallon Corp.’s proposed board, despite some concerns flagged by the Nigerian government.
Metallon’s move on Lekoil risks local content penalty
Zimbabwean miner Metallon Corp. faces a new challenge in its pursuit of Lekoil with possible difficulties emerging over local content in Nigeria.
Drilling restarts on Coral Sul FLNG
The Area 4 partners in Mozambique have resumed drilling on the Coral Sul project, according to regulator Instituto Nacional de Petróleo (INP).
ReconAfrica acknowledges Tsodilo Hills loss
Reconnaissance Energy Africa has confirmed that its Botswana licence no longer includes the Tsodilo Hills.
SDX starts up Sobhi flow
SDX Energy has begun producing at its Sobhi well in Egypt’s South Disouq licence, six weeks ahead of schedule.
Abu Sennan drilling programme kicks off
Kuwait Energy Egypt has begun drilling the ASH-3 well, in Egypt’s Abu Sennan licence, with work expected to take around 60 days.
Total to explore Herodotus Basin
A group led by Total has signed up to explore an offshore block in Egypt’s Herodotus Basin, in the Mediterranean Sea.
Zenith lands Tilapia, eyes SNPC collection
Zenith Energy has successfully bid for the Tilapia II licence, as the company closes out its Azerbaijani interests.
Tensions mount around ReconAfrica’s Namibia work
Unesco’s World Heritage Centre has said it is “vigilant” over plans for exploration in Namibia and Botswana.
CPC celebrates first delivery of Chadian crude
Taiwan’s CPC Corp. has celebrated the arrival of Chadian crude in its home market.