SDX Energy provides update on Egypt operations

Jan 14, 2019

SDX Energy, the North Africa focused oil and gas company, has provided an update on operational developments in Egypt. A full operations update will be announced in late January 2019. The SRM-3 well at South Ramadan (SDX 12.75% working interest and non-operator), reached a target depth of 15,635 feet and the operator has reported encountering…

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South Sudan revives Unity wells

Jan 14, 2019

South Sudan is in the midst of reviving its oil production and has restarted production in the Unity region. According to a Bloomberg News report, 16 wells have been restarted. The 16 wells had been shut in since 2013. These wells were brought back online thanks to the joint efforts by the two Sudan’s efforts…

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Waha Oil adds Faregh field to Libyan totals

Jan 14, 2019

Waha Oil Company, a NOC subsidiary, completed preparations on another horizontal well in the Faregh field ahead of the planned start of second-phase experimental gas production. Waha is expected to start the second-phase of experimental gas production at the end of Q1 but was able to move the date forward by almost two months. According…

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Ghana prepares to transport Sankofa gas onshore for processing

Jan 13, 2019

Ghana aims to complete work on the infrastructure needed to transport natural gas from the offshore Sankofa field for processing onshore. Speaking to the press, Nana Kofi Damoah, head of communications at the Ghana Ministry of Energy said that work will be complete next August. The Sankofa field is located on the Offshore Cape Three…

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Wentworth Resources announces update on operations in Tanzania and Mozambique

Jan 13, 2019

Wentworth Resources, the Oslo Stock Exchange and AIM listed independent, East Africa-focused oil & gas company, has provided an update to shareholders. Tanzania Operations Gas demand for the Company’s producing reserves continued to grow in the final quarter of 2018, resulting from combined demand from the Kinyerezi-1, Kinyerezi-2 and Ubungo II power stations, and the…

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Liberian oil firms Srimex, Eco Fuel in dispute

Jan 11, 2019

One of Liberia’s leading importers of petroleum products, SRIMEX Oil & Gas Company has rubbished claims that its operations of the oil terminal in Monrovia is illegal and that its operation also poses safety risk. In a statement issued on Thursday, January 3, 2019 and signed by Board Chairman, Musa Hassan Bility and CEO Wadei…

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Foreign debt, oil prices hit East Africa markets

Jan 11, 2019

East African stock markets faced a difficult year and the situation is unlikely to change in 2019, with analysts citing the region’s increased exposure to foreign debt as a risk. Global research firm Focus Economics has warned that emerging and frontier markets are at the risk of heightened volatility in their financial and equity markets…

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Trendsetter Engineering secures West Africa contract

Jan 11, 2019

Trendsetter Engineering, Inc. is poised to deliver three Template Slot Adapters (TSA) and associated TCS connectors for a major operator in West Africa. Following a contract award in early 3Q 2018, the equipment will be delivered in 1Q 2019 from Trendsetter’s Houston facility. By utilizing the TSA, the operator will be able to reconfigure the…

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Sierra Leonean govt reduces pump price of fuel

Jan 11, 2019

Sierra Leone’s Government has announced a slight reduction in the pump prices of petroleum products with immediate effect, but the Executive Director of Native Consortium and Research Centre, Edmond Abu, expressed grave concern regarding the new price of diesel, which he said was not in agreement with the petrol. In a press release signed by…

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Aker Energy cheers Pecan well success off Ghana

Jan 11, 2019

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, is about to complete a successful drilling operation of the Pecan-4A appraisal well offshore Ghana. Aker Energy signed a contract with Maersk Drilling for Maersk Viking drillship to drill the Pecan-4A appraisal well in September 2018. Also in September, Aker Energy…

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