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23 Jan 20 |
Nigeria: ADM Energy to increase its investment portfolio cross Nigeria and West Africa AIM-listed ADM Energy, a company which currently holds an interest in OML 113, offshore Nigeria, which contains the Aje field, has oulined a strategy to build a larger investment portfolio of projects across Nigeria and West Africa in 2020 and beyond. |
22 Jan 20 |
Gabon: VAALCO announces operational update including successfully restoring production at Etame 10H and Etame 4H wells VAALCO Energy has provided an operational update on its 2019/2020 drilling program offshore Gabon. The Company has successfully completed a planned workover on the Etame platform for the Etame 10H well and restored 600 gross BOPD. Stabilized production rates of 1,000 gross BOPD have been achieved from the Etame 4H well brought online in December 2019. |
22 Jan 20 |
Egypt: United Oil & Gas provides update on Abu Sennan ASH-2 well and Rockhopper acquisition timetable AIM-listed United Oil & Gas has provided an update on the proposed acquisition of Rockhopper Egypt from Rockhopper Exploration, including further detail regarding the ASH-2 well which was recently drilled at Abu Sennan. |
22 Jan 20 |
Gabon: Panoro Energy announces completion of the second Tortue phase 2 development well, offshore Gabon Panoro Energy has announced the successful completion of the DTM-5H well, the second of the phase 2 Tortue development wells on Dussafu permit, offshore Gabon. |
22 Jan 20 |
Senegal: FAR signs MoU with Glencore to market Sangomar field oil FAR Limited has signed a binding Memorandum of Understanding ('MoU') with Glencore Energy (UK) for the full allocation of the Company’s share of crude oil from the Sangomar field. |
21 Jan 20 |
Saudi Arabia: Valaris provides update on ARO Drilling joint venture Valaris has announced that ARO Drilling, its 50/50 joint venture with Saudi Aramco, has ordered two newbuild jackup rigs from International Maritime Industries. Upon delivery, each rig is expected to commence an eight-year contract with Saudi Aramco and operate at a day rate determined by a six-year EBITDA payback. |
21 Jan 20 |
Saudi Arabia: Wood cements position as strategic partner to Saudi Aramco Wood has secured a two-year extension to its in-Kingdom and out-of Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company (AOC) for its unconventional gas programme, extending awards originally secured in 2014. |
21 Jan 20 |
Iraq: Gulf Keystone announces operational and corporate update Gulf Keystone Petroleum has provided an operational and corporate update in advance of the Company's full year 2019 results. With the continued development of the Shaikan field, the Company expects to increase average production in 2020 by more than 30 percent year-on-year to 43,000-48,000 bopd. |
