22+ min ago   (306+ words) TotalEnergies has reported a new discovery on Block 17 offshore Angola, made in June, with first oil to be achieved three months later through a fast-track development. The Acacia-5 discovery will increase Block 17 production by 6,000 barrels per day, with first oil…...

6+ day, 22+ hour ago   (285+ words) Galp has completed the deal with TotalEnergies in Namibia, exchanging participation interests in PEL 83, including transfer of operatorship, for positions in PEL 56 and PEL 91. As a result, the Portuguese firm has retained a non-operated 40% participating interest in PEL 83, where the…...

1+ week, 2+ day ago   (502+ words) Etu Energias, a privately owned Angolan energy company, has taken steps to increase its stakes in two offshore blocks from Cabinda Gulf Oil Company (CABGOC), a subsidiary of U.S.-headquartered energy giant Chevron, through a deal that will make it the…...

2+ week, 3+ day ago   (321+ words) The Norwegian Offshore Directorate has announced that Equinor (operator) and Aker BP, as its partner, discovered gas/condensate in the Linga prospect within the exploration well 25/7-13, which was drilled in production license 782 S, 16 kilometers northwest of the Balder field and…...

2+ week, 5+ day ago   (221+ words) New partner on the cards as Sintana eyes indirect stake in Namibia’s offshore basin Chevron has indicated an expectation of exploration activities including a potential inaugural exploration well in 2027. Given the geographic and technical setting of PEL 37 relative to PEL…...

2+ week, 6+ day ago   (607+ words) Norway’s oil and gas player DNO is exiting Côte d’Ivoire by divesting its business in the West African country to Panoro Energy, raking in an estimated 24% annualized return on its investment while handing its Norwegian peer a gas-weighted production base…...

3+ week, 3+ hour ago   (259+ words) ExxonMobil has, on behalf of its partners, awarded $1.1 billion in pre-investment contracts for the engineering, procurement and manufacturing of subsea production systems, large-bore production valves and offshore line pipe for a liquefied natural gas (LNG) development in Mozambique. ExxonMobil Moçambique…...

3+ week, 1+ day ago   (246+ words) Norway’s state-owned energy giant Equinor has bolstered its exploration portfolio by joining an exploration license in the Orange Basin offshore Namibia, operated by the U.S.-headquartered energy giant Chevron. Equinor has signed an agreement with Harmattan Energy, a Chevron subsidiary…...

3+ week, 2+ day ago   (461+ words) U.S.-headquartered energy giant Chevron has extended its Sub-Saharan Africa exploration streak with a new hydrocarbon discovery off the coast of Angola. Chevron has confirmed an oil and gas condensate discovery at an exploration well in Angola’s Block 0, adding to the…...

3+ week, 5+ day ago   (380+ words) Court finds Shell’s exploration right in South Africa ‘unlawful’ The majority judgment, written by Kollapen J, found that the case raised important constitutional questions concerning meaningful public consultation, environmental and community rights, administrative justice, and the requirements for a “just…...