EGYPT: TAG Oil Provides Operations Updates & Strategic New Acquisition to Expand Unconventional & Conventional Acreage Position

CURRENT OPERATIONS – Badr Oil Field (BED-1 Concession) Production from the BED4-T100 (T100) horizontal well is averaging 200 barrels of fluid per day and 35 percent water. Operation of the … Read More

EQUATORIAL GUINEA: Petrofac Signs Master Service Agreement with Marathon Oil

Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea.   Under the agreement Petrofac will provide technical authority and discipline … Read More

SOUTH AFRICA: Mainstream Renewable Power Reaches Financial Close on 50 MW solar PV plant

Mainstream Renewable Power, the pureplay global wind and solar company, has reached financial close on its 50 MW Ilikwa solar PV plant. The power from the plant will supply multiple … Read More

SOUTH AFRICA: Petrobras Acquires stake in the Deep Western Orange Basin block

Petrobras informs that its Board of Directors has approved the company’s operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through … Read More

MOZAMBIQUE: McDermott Awarded FEED Contract for the Rovuma LNG Phase 1 Project

 McDermott, through a consortium with Saipem and China Petroleum Engineering and Construction Corporation, has been awarded a front-end engineering design (FEED) contract  in Mozambique, a joint venture between ExxonMobil Development … Read More