Canada-based subsurface engineering firm VZFOX is entering India through the Team Canada Trade Mission to support mature oilfield redevelopment, enhanced recovery and reservoir optimisation, as the country seeks to strengthen domestic hydrocarbon production and reduce import dependence. The company plans to establish an office in Bengaluru with an initial team of five members by the […]
Kistos, an independent energy company focused on unlocking value within its existing portfolio and through value-accretive M&A, announces that it has signed a Sales and Purchase Agreement with Vår Energi ASA (Vår Energi) to acquire a 10% working interest in the production licenses PL 169E, PL 956 and PL 956B on the Norwegian Continental Shelf. […]
Oilfield services corporation SLB has signed an agreement with BP to process seismic data as part of the development of the Karabakh field in the Caspian Sea, Report informs citing SLB. This contract is a logical continuation of two previously concluded agreements for other offshore oil and gas projects in the Caspian, where BP acts […]
PetroTal’s Bretana 25H development well in Peru has reached a depth of 3,362 m, on schedule and in line with its pre-drill prognosis, the company said in its third-quarter update. The well was spudded on Sept. 21. It’s the first oil well in a renewed development drilling program meant to bring Bretana field production back […]
From now until 2050, the Organization of the Petroleum Exporting Countries (OPEC) forecasts an increase in global primary energy demand from the current 312 million-barrels-of-oil-equivalent-per-day (mboe/d) to nearly 383 mboe/d in 2050 – an increase of around 23% over the 25-year period, with growth almost entirely coming from developing countries, including Africa. In its 20th […]
Equatorial Guinea is seeking partners to redevelop the mature Zafiro oil field, targeting production above 30,000 barrels per day (bpd) in an initial phase and potentially more than 50,000 bpd through a broader redevelopment, Antonio Oburu Ondo, the country’s Minister of State for Hydrocarbons, Mines and Electricity, said at African Energy Week 2026 in Cape […]
According to the Energy Institute’s report, Statistical Review of World Energy, gas makes up 25% of the world’s primary energy supply, but only 17% of primary energy use in Sub-Saharan Africa (SSA), excluding North Africa. After several years of sporadic progress SSA gas is on the verge of a material break-out. This advent and the […]
Liberia Opens 15 Offshore Blocks for Oil and Gas Exploration Liberia has launched an offshore licensing round offering 15 blocks across the Liberia and Harper basins as it seeks to attract investment in oil and gas exploration.Marilyn T. Logan, Director General of the Liberia Petroleum Regulatory Authority (LPRA), announced the 2026 Offshore Direct Negotiation Licensing […]
Ghana National Gas Company is considering using drones to monitor its gas pipelines amid concerns about encroachment by illegal miners, its chief executive Judith Adjobah-Blay said on Thursday. “We are looking at using drones to monitor our pipelines,” she told parliament’s Public Accounts Committee, appearing alongside company officials. Adjobah-Blay said the company had also begun […]
The Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has called for a balanced approach to Africa’s natural gas development, urging countries to strengthen domestic utilisation while pursuing export opportunities to enhance energy security and economic growth. He said linking natural gas production to power generation, industrial competitiveness and regional energy integration was […]