The company increased its ownership in WestOil Limited to 48.5%, giving it a 33.95% indirect working interest in Block 2712A, a 5,484 km² license in the basin’s core. The block sits adjacent to acreage held by Chevron and Pan Continental, strategically positioning Oregen within a high-potential exploration corridor.
In a milestone for Egypt’s upstream sector, ARGAS has purchased 30,000 STRYDE Range+ nodes and the company’s Nimble seismic system, marking the first deployment of nodal technology for onshore seismic acquisition in the country.
He highlighted the contributions of leading industry partners including ExxonMobil, Chevron, ENI, Seplat, FIRST E&P, Oando, TGS, and many others who have demonstrated unwavering commitment to Africa’s upstream story.
Ghana’s President, H.E. John Dramani Mahama, on Tuesday officially opened the Africa Oil Week (AOW) 2025 in Accra, pledging the government’s full support to make the event grow even bigger.
The CEO of Ghana National Petroleum Corporation (GNPC), Kwame Ntow Amoah, has been appointed Chairman of the African Petroleum Producers’ Organisation (APPO), marking a significant milestone for Ghana’s leadership in the continent’s energy sector. The appointment was formalised during a handover ceremony at the 7th APPO National Oil Companies CEOs Meeting in Accra today, where […]
The world needs to develop new oil and gas resources just to keep output flat amid faster declining rates at existing fields, the International Energy Agency (IEA) said on Tuesday in a major shift in its narrative from 2021 that ‘no new investment’ is needed in a net-zero by 2050 scenario.
AOW:Energy Ghana Day Program
Despite very strong refinery runs in August, China had 1 million barrels per day (bpd) of more crude available than processed at refineries, suggesting that the world’s top crude importer continues to buy more oil than it needs, with most of the surplus likely going to storage.
“The world will not consume one less barrel of oil simply because Canada chooses not to provide it. That barrel will come from somewhere else,” Suncor chief executive Rich Kruger said at the hearing. Imperial Oil’s CEO noted the presence of other “vehicles and requirements” put in place to curb emissions of carbon dioxide in the country.
“So far, there has been no discussion of tariffs, either on India or on China,” one of the unnamed sources told Reuters, adding that Brussels was just wrapping up a trade deal with India and did not want to jeopardize that.