The Tema Oil Refinery (TOR) has received 950,000 barrels of Sankofa-Gye Nyame light sweet crude from Ghana National Petroleum Corporation (GNPC), marking the first time a Ghanaian refinery has received crude from the field for refining.The cargo, sourced from the Offshore Cape Three Points (OCTP) block at Sanzule in WesternRegion, was delivered aboard the Sonangol […]
Tullow Oil’s 2025-26 drilling campaign at its fields offshore Ghana has concluded. The last of the seven new completed wells – a water injector on the Jubilee field – came onstream earlier this month. All the previous six wells were Jubilee producers. Tullow added that 4D seismic data interpretation had paid off in terms of […]
Tullow Oil confirmed production was on track to hit the upper end of its guidance range on Monday, following a strong first half. The independent exploration and production firm said working interest oil and gas production in the six months to 30 June was 43,700 barrels of oil equivalent per day (boepd), while a surge […]
Vingroup has decided to contribute capital to establish Vin Oil&Gas Global JSC (VOG), a company operating in the investment and trading of petroleum and oil and gas products. According to the disclosed information, VOG has a charter capital of VNĐ1 trillion (US$38.5 million), with Vingroup holding a 51 per cent stake, equivalent to a capital […]
Kalpataru Projects International Ltd. on Monday, September 28, said it has won a “major’ engineering, procurement and construction (EPC) order in its oil and gas business. The stock, opened higher, but has given up those gains to trade with losses. The company informed the exchanges that it has received a letter of award (LoA) for […]
1947 Oil & Gas PLC (AIM:1947) begins trading on AIM today, with shares marked at a premium price and ambitions to lift production from its newly acquired US Gulf of America assets by around 50% over the next two years. In its London IPO, the junior oil and gas raised roughly £30 million at 10p a […]
Navitas Petroleum has assumed operatorship of Block 1 CBK offshore South Africa following regulatory approval and completion of Eco (Atlantic) Oil & Gas’ farm-down of a 37.5% working interest in the license. The 19,929-km² block lies in South Africa’s portion of the Orange basin, adjacent to Namibia, where a series of oil discoveries in […]
A high-powered delegation from the Republic of Congo, has visited Nigeria, to study the Nigerian Content Development and Monitoring Board (NCDMB’s) institutional structure and strategies for developing indigenous capacity in the oil and gas industry. The delegation, comprising officials from the Ministry of Hydrocarbons and other senior government officials from Republic of Congo, which visited […]
ExxonMobil has agreed to pump oil and natural gas from Azerbaijan’s shale fields as the Texas energy giant takes its fracing expertise overseas. ExxonMobil has entered a joint venture with Azerbaijan’s state oil company SOCAR that will allow it to explore and develop “unconventional hydrocarbon resources” in the Middle Kura basin, the companies said in […]
TotalEnergies and partners SOCAR and XRG have taken final investment decision (FID) on the full-field development of the Absheron gas and condensate field offshore Azerbaijan, targeting startup in 2029. The development will increase overall Absheron production capacity to 6 billion cubic meters per annum (Bcma) of gas and 47,000 bpd of condensate. Gas production will […]