Africa's Oil, Gas and Energy News.
HIGHLIGHTS Substantial 2023 Project execution undertaken – positioned for significant operational and financial progress through development of pivotal Moroccan Tendrara Production Concession, with rig activities from June 2024 and plant commissioning … Read More
HIGHLIGHTS Development of the Moroccan Tendrara Production Concession · Phase 1 Micro LNG project o Signing of the Notice to Proceed in February 2022 o Drawdown of the Loan Note subscription with Afriquia … Read More
Sound Energy, the transition energy company, is pleased to provide a financing update, including in relation to the Company’s Tendrara Production Concession, onshore Morocco. The Company announced on 23 June … Read More
Partner and possible Farm-Out Update The Company announced on 9 August 2022 that it had initiated a formal farm-out process to identify a partner for the Tendrara Production Concession and the … Read More
Phase 2 Development Financing and Farm-Out Update As announced on 23 June 2022, the Company mandated Attijariwafa bank, a Moroccan multinational bank and one of the leading banks in Morocco, … Read More
Sound Energy reports that it has entered into an Arrangement and Mandate letter with Attijariwafa bank of Morocco under which the Company has mandated the Arranger in relation to the … Read More
Sound Energy has announced an extension to the date by which the conditions to its binding gas sale and purchase agreement (the “GSA”) in respect of the Phase 2 development … Read More
Sound Energy, the energy transition company, is delighted to announce the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing … Read More
Sound Energy has entered into a sale and purchase agreement with Schlumberger Holdings II Limited to acquire the entire issued share capital of Schlumberger Silk Route Services Limited. Acquisition Highlights: … Read More
Statement from the Executive Chairman Despite the challenging business environment brought on by the Covid-19 global pandemic and exacerbated in the oil and gas sector by a dispute between Russia … Read More
