Oil & Gas

Pacific Drilling secures drillship extension in Mauritania

Aug 13, 2019

In its second quarter 2019 report on Monday, Pacific said that the contract for the Pacific Santa Ana drillship had been extended by Total for one well in Mauritania. Pacific Drilling CEO, Bernie Wolford, said: “We added backlog for our fleet as an option was exercised for Pacific Santa Ana. The ramp-up of Pacific Khamsin,…

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Tradex opens another service station in CAR

Aug 13, 2019

On July 26, 2019, a new Tradex station was inaugurated in Damara, Central African Republic, by the country’s minister of energy development Hubert Gontran Djono Ahaba. The 1,200 m2 station required a XAF360 million investment. It has a storage capacity of 25,000 litres of fuel and 100 gas cylinders. According to Cameroonian company Tradex, this…

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Aker Energy to announce competitive bidding for drilling, well contracts in Sept

Aug 12, 2019

Norwegian oil and gas firm Aker Energy, operator of the Deepwater Tano Cape Three Point (DWT/CTP) Block offshore of the Western Region of the Republic of Ghana is set to open tender for well drilling contracts in September 2019. “Latest by September, we will issue expression of interest and then award the contracts beginning of…

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Strata-X closing in on Serowe approvals in Botswana

Aug 12, 2019

The directors and management of Strata-X Energy Ltd. (“Strata-X” or the “Company”) (TSX-V:SXE) (ASX:SXA) are pleased to announce that following on the field-work, community consultations and development planning, the Botswana Department of Environmental Affairs has approved the form and scope of the Company’s new Environmental Impact Assessment (“EIA”) on the Company’s Serowe CBM Project. The…

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BW Energy begins drilling campaign on Dussafu Marin permit off Gabon

Aug 12, 2019

BW Energy has started drilling an exploration well at the Hibiscus Updip prospect on its Dussafu Marin permit located offshore Gabon. BW Energy is the operator of the Dussafu permit and Panoro Energy is its partner. Panoro informed on Monday that drilling had started on the Hibiscus Updip prospect, using the Borr Norve jack-up drilling…

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Mozambique’s ENH expects gas project financing in Sept

Aug 12, 2019

Mozambique’s state-run oil and gas firm, ENH, expects to sign a $2 billion financing contract in September according to the company’s chairman, Omar Mitha. Mithá spoke about the loan during an open class for undergraduate, master’s and doctoral students in the area of Natural Sciences and Mathematics at Maputo University. Last month ENH said it…

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Occidental completes Anadarko acquisition

Aug 12, 2019

Occidental Petroleum today announced the successful completion of its acquisition of Anadarko Petroleum in a transaction valued at $55 billion, including the assumption of Anadarko’s debt. “With Anadarko’s world-class asset portfolio now officially part of Occidental, we begin our work to integrate our two companies and unlock the significant value of this combination for shareholders,”…

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Zimbabwe’s ZERA to regularize LP gas retailers

Aug 9, 2019

Zimbabwe Energy Regulatory Authority (Zera) is looking to regularise the operations of unlicensed liquefied petroleum (LP) gas retailers who operate outside Harare to ensure standards and compliance. Following the massive power cuts in the country, which last up to 18 hours daily with dire economic and social ramifications, illegal LP gas retailers have been increasing…

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Libya’s Sharara oilfield back online

Aug 9, 2019

Libya’s Sharara field restarted production late Thursday after it was offline for more than a week due an unlawful valve closure, sources said Friday. Around 300,000 b/d of production at the Sharara oil field was forced offline as the valve was closed by an unidentified group near Zawiya last Tuesday. Production at Libya’s 300,000 b/d…

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Relief for Tanzanian motorists as fuel prices drop again

Aug 9, 2019

Motorists have all reasons to smile after energy regulator lowered petrol and diesel prices by 160/- and 102/-per litre respectively. The Energy and Water Utilities Regulatory Authority (EWURA), announced yesterday that retail and wholesale prices for petrol, diesel, and kerosene decreased throughout the board for between 3.0 and 8.0 per cent for consignment imported through…

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