Africa's Oil, Gas and Energy News.
VAALCO Energy has announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber There’s a promising future for African renewables as the continent strives to balance its current reliance on fossil fuels. That’s the prediction … Read More
bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its … Read More
Bluewater, the specialist energy private equity firm, has today signed a purchase agreement to sell Apex International Energy, a leading independent player in oil & gas exploration and production in … Read More
High impact exploration in 2025 is expected to remain stable, with QatarEnergy being the most active explorer and all eyes remaining on the Orange Basin Westwood forecasts high impact exploration … Read More
Rockhopper Exploration with key interests in the North Falkland Basin has announced it has entered into an agreement with United Oil and Gas to settle an outstanding balance related to … Read More
Operational Highlights Strong safety record with no LTIso Egypt 1,440 bopd Egypt:o El Fayum: successful drilling of second exploration commitment well in September, encountering oil-bearing reservoirsin Abu Roach G … Read More
Excitement is brewing in the energy sector as early, unofficial reports by Welligence energy analytics suggesting that ExxonMobil’s Nefertari-1 exploration well has struck gas offshore Egypt. While neither ExxonMobil nor … Read More
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
Scatec ASA’s Egypt Green Hydrogen project has today signed an agreement with the PtX Development Fund for a grant of EUR 30 million for partial financing of the project which … Read More
