Exploration
News
January 14, 2025
Indonesia Energy Corporation (IEC) announced that IEC senior management will hold an investor update conference call on Tuesday, Jan. 21 to provide an update on future drilling and development plans, including a new planned reserve report.
News
January 14, 2025
The Republic of Congo will officially launch its licensing round for open oil and gas blocks at the upcoming Congo Energy and Investment Forum (CEIF), scheduled to take place on March 25-26 in Brazzaville.
News
January 13, 2025
Libya’s top international operators and the National Oil Corporation (NOC) will take center stage at the Libya Energy & Economic Summit in Tripoli next week for the panel Unlocking Libya: The Next Frontier for Exploration and Investment.
News
January 13, 2025
Eco (Atlantic) Oil & Gas Ltd. announced completion of its transaction with Africa Oil Corp. and Africa Oil SA Corp (AOSAC) for the sale of a 1% Participating Interest in Block 3B/4B, and replacement of a member of the board.
News
January 09, 2025
(Bloomberg) – Norway’s oil and gas companies delivered record levels of natural gas in 2024 and will drill a similar number of exploration wells this coming year, in a push to offset production declines later in the decade.
News
January 07, 2025
Petro-Victory Energy has announced a strategic partnership with Blue Oak Investments aimed at acquiring Exploration and Production (E&P) assets and companies in Brazil and Latin America.
News
January 07, 2025
Laredo Oil, Inc., an oil E&P company with over 30,000 net acres of mineral rights in the West Fork field in Montana, today announced that it has initiated preparations to drill the first of three planned exploratory wells in the field.
News
January 04, 2025
Egypt President Abdel Fattah El-Sisi has emphasized the importance of developing newly discovered wells and including them in the nation's production plan, as well as intensifying exploration activities in Egypt's onshore and offshore areas.
News
January 02, 2025
Activity in the oil and gas sector increased slightly, and production was mixed in fourth quarter 2024, according to executives at exploration and production (E&P) firms responding to the Dallas Fed Energy Survey.
News
December 13, 2024
(Bloomberg) – Kosmos Energy Ltd. and Tullow Oil Plc both acknowledged early merger talks on Thursday, following media speculation. Together, the companies would create an Africa-focused explorer with production exceeding 120,000 boed.
News
December 09, 2024
The 2024 China-Africa Think Tank Energy Forum recently convened in Chad's capital, N'Djamena, where over 70 delegates discussed China-Africa collaboration in oil and gas, the energy transition and partnership opportunities.
News
December 08, 2024
(Bloomberg) – Chappal Energies has completed the acquisition of Equinor Nigeria Energy Company, a unit of Norway-based Equinor ASA, in a deal that brings immediate production and cashflow benefits, Chappal says.
News
December 06, 2024
(Bloomberg) – Colombia’s biggest offshore natural gas discovery by Petrobras and Ecopetrol SA could triple the country’s reserves if the deposit is commercially viable, potentially easing the nation’s shortfall.
News
December 01, 2024
(Bloomberg) – TotalEnergies may greenlight a $750 million gas project in Nigeria next year, potentially signaling that the African nation’s efforts to revive investment in its hydrocarbon production are making progress.
News
November 26, 2024
(Bloomberg) – A harsh winter would push Asian and European consumers into competition for the same gas as supplies of the fuel are stretched, according to Equinor ASA. Plans for oil production from the Norwegian continental shelf remain unchanged, says Equinor.
News
November 21, 2024
MOL Group and Kazakhstani national oil company KazMunayGas (KMG) have signed today a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemical sector.
News
November 18, 2024
(Bloomberg) – Petrobras plans to boost spending on new oil drilling and other projects by almost 9% to $111 billion in the next five-year plan. Petrobras' eight-person executive office proposed that amount for the 2025-2029 period, according to a filing Monday.
News
November 16, 2024
Halliburton announced it will open new facilities in Namibia highlighting the importance of the country’s growing oil and gas industry. The facilities, which will support the company’s in-country operations, are located in Windhoek, Walvis Bay, Swakopmund and Lüderitz.
News
November 15, 2024
On the back of a series of policy reforms and regulatory changes, Ghana has positioned itself as a globally competitive oil and gas market, with ambitious energy targets and goals to boost oil production while stimulating development across the natural gas value chain.
News
November 13, 2024
The Republic of Congo (RoC) is preparing to launch a Gas Master Plan and new Gas Code, all while enticing investment in crude exploration and production. These policies will aim to drive oil and gas projects forward while spearheading sustainable growth.
