Sirius Petroleum has raised $2m in new capital for equipment mobilization deposits for the upcoming drilling campaign at the Ororo field, offshore Nigeria, Offshore Energy Today reported. Sirius Petroleum’s CEO, Bobo ...
The General Petroleum Company’s (GPC) Production Manager, Ahmed El Gedawy, stated to Egypt Oil&Gas that the company has set a new plan to raise its production rate during 2017. GPC is seeking to reach nearly...
Badr Petroleum Company (Bapetco) increased production from Al Abyad natural gas field in the Western Desert to 140,000boe/d, according to a press release sent to Egypt Oil&Gas. Natural gas production thus increa...
French oil major Total plans to make a final investment decision (FID) on a $2b gas project in Iran by the summer, but the decision hinges on the renewal of US sanctions waivers, Reuters reported. The French firm was ...
Pura Vida Energy has reached a conditional agreement with an offshore drilling contractor which will fund a three-well drilling program in the Nkembe block, offshore Gabon, Offshore Energy Today reported. Under the te...
Cairn Energy is gearing up to start the third phase of its drilling program offshore Senegal in late January, aiming to further evaluate the SNE discovery, Offshore Energy Today reported. Cairn added the company and i...
Houston-based Vaalco Energy has reported that the South Tchibala 2-H well, offshore Gabon, is back in production after experiencing issues with the electrical submersible pump system, Offshore Energy Today reported. D...
Aminex has announced the commencement of drilling on the Ntorya-2 appraisal well in the Ruvuma Basin in Tanzania, Ecofin Agency informed. Initial results from the well are expected by early 2017. The well is being dri...
Algerian Sonatrach’s Head, Khelil Kortobi , said that the company drill 290 wells in 2017 in comparison with 265 in 2016, with 190 will be for production and 100 for exploration, Energy World reported. Furthermore, th...
Africa Oil and its UK partner Tullow have announced the recommencement of drilling on the Erut-1 well in Block 13T in Kenya, Ecofin Agency reported. Africa Oil said the drilling would be a follow up on the earlier suc...