MOROCCO: Sound Energy Announces Audited final results for the year ended 31 December 2023
Oilnewskenya
by kamau
12h ago
HIGHLIGHTS Substantial 2023 Project execution undertaken – positioned for significant operational and financial progress through development of pivotal Moroccan Tendrara Production Concession, with rig activities from June 2024 and plant commissioning … Read More ..read more
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NAMIBIA: 88 Energy Raises Funds Towards Exploration Activities at PEL 93
Oilnewskenya
by kamau
12h ago
88 Energy Limitedhas advised that it has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.23 million) before costs. Placement proceeds … Read More ..read more
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EQUATORIAL GUINEA: Panoro Energy Secures Rig to Recommence Drilling Offshore Block G
Oilnewskenya
by kamau
12h ago
Panoro Energy has announced that following an evaluation of available options the operator of Block G offshore Equatorial Guinea, Trident Energy, has on behalf of the joint venture awarded a … Read More ..read more
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NAMIBIA: Updates on Successful Completion of Well Testing Operations at Mopane-1X PEL 83
Oilnewskenya
by kamau
12h ago
Further to previous updates provided during Q1 2024, Galp (the license operator with an 80% interest) together with its partners NAMCOR and Custos, has successfully completed the first phase of the Mopane exploration … Read More ..read more
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COTE D’IVOIRE: Italian President Mattarella Visits Eni’s Projects
Oilnewskenya
by kamau
2w ago
Eni welcomed the President of the Italian Republic Sergio Mattarella at its facilities in Abidjan. The meeting comes as part of President Mattarella’s first State visit to Côte d’Ivoire. The … Read More ..read more
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ANGOLA: Corcel Plc Provides Update on the Testing of the TO-14 well in the Onshore Block KON-11
Oilnewskenya
by kamau
3w ago
Testing of the TO-14 well continues following significant weather and equipment related delays earlier in the year. Reactivation of the fractured carbonate reservoir has been challenging, however there is continued … Read More ..read more
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NAMIBIA: Galp Registers Success at the Mopane-2X well
Oilnewskenya
by kamau
1M ago
Galp together with its partners NAMCOR and Custos, has successfully drilled the Mopane-2X well to its designed depth, in block PEL83. Drilling encountered a significant column with light oil in reservoirs of high quality. The AVO-3 exploration … Read More ..read more
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NAMIBIA: Reconafrica Announces an Updated Independent Third-Party Resource Report For The Damara Fold Belt
Oilnewskenya
by kamau
1M ago
REPORT HIGHLIGHTS(1) Brian Reinsborough, President and CEO commented: “Since assuming the role of CEO in Augustof last year, I have assembled a team of experienced explorationists, led by Chris Sembritzky,Senior … Read More ..read more
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KENYA: Tullow Oil Faces $2.03B Suit For ‘Environmental Violence’ in the South Lokichar Basin
Oilnewskenya
by kamau
1M ago
The Environmental and Lands Court in Lodwar, Turkana County, Northern Kenya, where British explorer Tullow Oil has conducted oil exploration since 2010, is poised for a significant environmental lawsuit. On … Read More ..read more
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GABON: BW Energy Starts Production from Hibiscus South Field
Oilnewskenya
by kamau
1M ago
BW Energy has announced that production has safely started from the DHBSM-1H well in the Hibiscus South field on the Dussafu Licence offshore Gabon five months after the initial discovery … Read More ..read more
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