Geofizyka Torun starts Mozambique seismic for Sasol
Geofizyka Torun has begun shooting 3D seismic onshore in Mozambique for Sasol.
Geofizyka Torun has begun shooting 3D seismic onshore in Mozambique for Sasol.
South Sudan has largely squandered its oil revenues, with International Crisis Group (ICG) suggesting the state be paid to not produce.
Eni CEO Claudio Descalzi has held talks with Cote d’Ivoire President Alassane Ouattara on plans to fast track the development of the Baleine 1-X discovery.
As one of the few companies carrying out exploration in sub-Saharan Africa, Reconnaissance Energy Africa (TSXV:RECO; OTC:RECAF; FRA:0XD) is keenly aware of justifying its presence.
It is the “greatest time to be in the industry”, United Oil & Gas CEO Brian Larkin told Energy Voice, following the announcement of the company’s interim results.
Angola has announced the contractor groups for its onshore bid round, as it moves towards new awards.
Cairn Energy and Cheiron Petroleum have completed their acquisition of assets in Egypt’s Western Desert from Shell.
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
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.