Africa's Oil, Gas and Energy News.
2024 FULL YEAR RESULTS 2025 OUTLOOK and GUIDANCE Richard Miller, Interim Chief Executive Officer and Chief Financial Officer, Tullow Oil plc, commented: “In 2024 we had a number of succeses … Read More
Tullow Oil has announced that it has signed a binding heads of terms agreement with Gabon Oil Company for the sale of Tullow Oil Gabon SA, which holds 100% of … Read More
Panoro Energy announces a significant new oil discovery has been made at the Bourdon prospect, located on the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per … Read More
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
BW Energy reports net production was approximately 2.5 mmbbls of oil and the net sold volume, the basis for revenue recognition, was approximately 2.7 mmbbls including 97,500 bbls of DMO … Read More
2025 Outlook – Cost efficiency and production optimisation driving continued cash generation Operational Governance Financial 2024 Performance – Continued strong progress against business objectives Operational Financial Reserves and resources
John Hamilton, CEO of Panoro, commented: “We are pleased to have safely and successfully delivered the current production drilling campaign at Dussafu, which was expanded to eight wells in order … Read More
Panoro Energy announces that the DHBSM-2P pilot well has successfully encountered oil and confirmed a north-eastern extension of the Hibiscus South field at the Dussafu Marin Permit offshore Gabon, further … Read More
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
Operational performance In 2023, full year working interest production averaged 62.7 kboepd, including 6.9 kboepd of gas. Group working interest production is expected to increase year-on-year and our guidance range … Read More
