The Office of the National Security Adviser has unveiled a new operational framework to coordinate security agencies, private surveillance contractors and other stakeholders in Nigeria’s oil and gas industry, following the recovery of more than 2.4 million barrels of stolen crude oil. The framework, known as the Standard Operating Procedure for the Nigerian Oil and […]
Afentra plc has revised its offshore Angola drilling schedule, moving the Borr Grid rig directly to the Impala-2 development well in Block 3/05 ahead of the planned Pacassa SW sidetrack. Both wells are expected to begin production in the first quarter of 2027. Impala-2 is scheduled to spud in mid-October, with drilling and completion operations […]
Malaysian energy services company Yinson Production and Italian oil major Eni plan to invest in expanding gas export capacity at Ghana’s Sankofa field, in a project valued at approximately $810 million aimed at sustaining supplies as reservoir pressure declines. The expansion will increase the gas export capacity of the John Agyekum Kufuor floating production, storage […]
Egypt and Saudi Arabia signed a memorandum of understanding (MoU) to strengthen bilateral cooperation in oil, natural gas and petrochemicals, opening new avenues for energy-sector integration, investment and trade between the two countries. The agreement was signed by Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, and Saudi Arabia’s Minister of Energy, Prince Abdulaziz […]
Petrovietnam plans to invest roughly US$14.23 billion in oil and gas exploration and production during 2026–2030, about 2.3 times the investment made in the previous five-year period, as it seeks to support double-digit growth and maintain domestic energy supplies. The group will prioritise its core exploration and production (E&P) activities, including reserve replacement, production from […]
China’s largest desert oil field has produced more than 26 million tonnes of oil and gas from reservoirs more than 6,000 meters underground, according to China National Petroleum Corporation (CNPC). The output was recorded at the Hade-Fuman oil field, located on the northern edge of the Taklimakan Desert in northwest China’s Xinjiang Uygur Autonomous Region. […]
SLB has commissioned a new liquid mud plant in Pemba, Mozambique, expanding its capacity to prepare, store and deliver drilling and completion fluids for offshore oil and gas operations. The facility has an initial storage capacity of 21,000 bbl and is designed to support multiple customers as offshore activity increases in Mozambique. The plant will […]
Jubilee and ENI partners have announced investments totalling $3.5 billion in Ghana’s oil sector, Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie has said. Speaking on Joy News’ PM Express Business Edition on Thursday, he highlighted the commitments as evidence of activity in the sector. He also pointed to interest from other international oil […]
Shell and Chevron have signed a memorandum of understanding to explore opportunities in Ghana’s Eastern Keta Basin, Ghana Investment Promotion Authority (GIPA) CEO Simon Madjie has said. Brazil’s Petrobras has also expressed interest in the country’s oil acreage and blocks, adding to activity in the petroleum sector. Speaking on Joy News’ PM Express Business Edition […]
Sahara Group, through its subsidiary Asharami Ghana, has commissioned a 6,000 metric-tonne liquefied petroleum gas storage facility at the Tema Oil Jetty in Ghana. The Chief Executive of the National Petroleum Authority, Godwin Tameklo, said the facility had expanded Ghana’s LPG storage capacity by approximately 10 per cent and would improve supply reliability as the […]