Africa's Oil, Gas and Energy News.
BW Energy Limited has announced an oil discovery in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block offshore Gabon. The well is located approximately 6 km north-northeast of … Read More
Tullow received a payment of $39 million from Panoro for the Dussafu asset and $5 million of contingent consideration relating to the Equatorial Guinea transaction. As previously disclosed, this transaction … Read More
Panoro Energy has announced that it has received governmental approval and closed the previously announced farmout agreement on Block 2B offshore South Africa. John Hamilton, CEO Panoro, said: “Following our recently … Read More
Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More
Operational Highlights Annual group production net to Panoro of 0.81 MMbbls with average daily rate of approximately 2,200 bopd. Average production of approximately 2,350 bopd for Q4 2020 due to … Read More
Panoro Energy ASA has announced that PetroNor E&P Limited (PetroNor) and Panoro have reached an agreement to extend the completion long stop date for the previously announced sale of its … Read More
Panoro Energy has announced that the Guebiba 10 sidetrack well located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services concession has been successfully drilled and … Read More
Operational Highlights Production and lifting operations maintained and largely unaffected through crisis Health and Safety systems and protocols proved resilient In Gabon, quarterly production at record high of 15,991 bopd … Read More
