NIGERIA: Shell Completes sale of SPDC to focus its portfolio on Deepwater & Integrated Gas Positions

Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16 January 2024 The divestment of SPDC aligns with Shell’s intent to simplify … Read More

Nigeria: Ogale and Bille Residents take Shell to UK High court following 10-year fight for Justice

Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The … Read More

NAMIBIA: Sintana Energy Completes Acquisition of Interest in Giraffe Energy

Sintana Energy has announced that it has closed its previously announced acquisition of an initial 49% interest in Giraffe Energy Investments (Pty) Ltd., pursuant to a definitive agreement dated effective … Read More

Africa and Latin America set to lead high-impact well drilling in 2024, eyeing rebound after poor 2023

The upstream industry hopes 2024 can be a bounce-back year for high-impact oil and gas drilling after a lackluster 2023, with Africa and Latin America likely to spearhead activities. Rystad … Read More

NAMIBIA; Pancontinenta Provides PEL 87 Update

HIGHLIGHTS Pancontinental Energy has provided the following project update regarding the Company’s PEL 87 exploration permit, offshore Namibia. PEL 87 3D Seismic Survey The 6,872 km 2 PEL 87 3D survey is being acquired by Petroleum Geo-Services’ Ramform Titan survey vessel, providing extremely high efficiency data acquisition … Read More

NAMIBIA: Shell Makes Oil Discovery in the Jonker-1X Deep-water Exploration Well

QatarEnergy announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia. The Jonker-1X well was drilled to a total depth of … Read More

EGYPT: Stena Drilling Signs New Contract with Shell in the Mediterranean

Stena Drilling has signed a new contract with BG Delta and BG International subsidiaries of Shell for the Mobile Offshore Drilling Unit (MODU) Stena Forth. The operations for Stena Forth in Egypt are due to commence in 2023 upon completion of … Read More

TANZANIA: Increased Upstream Activity Expected Onshore in 2023

Tanzania is expected to see increased upstream activity in 2023 in all aspects including seismic, exploration drilling, development and production buoyed by improved oil prices and goodwill from the country’s … Read More