Speakers participating during a finance panel at the Libya Energy & Economic Summit (LEES) shared that the country’s planned licensing rounds – for domestic companies as well as an international tender – will be launched soon, in line with national targets to more than double oil production
Exploration
Government of Uganda seeks financial support for EACOP security
Government is seeking a considerable sum to deploy the Uganda Peoples Defence Forces (UPDF) to secure the East African Crude Oil Pipeline (EACOP)
SDX Energy gives updates on Morocco and Egypt operations
SDX Energys gas prepayment agreement rolled over with CITIC Dicastal subsidiary, DIKA MOROCCO AFRICA (DMA), for a further US$2.1mn for Q1 2024 gas deliveries
Galp, along with NAMCOR and Custos explore first well in block PEL83, offshore Namibia
Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has drilled and logged the first exploration well (Mopane-1X) in block PEL83, offshore Namibia
Aminex, APT and TPDC sign gas sales agreement
Aminex, the oil and gas exploration and production company focused on Tanzania, has announced that a gas sales agreement (GSA) for the sale of gas from the Ntorya location was signed by the Companys subsidiary, Ndovu Resources, together with the operator, ARA Petroleum Tanzania (APT) and the Tanzania Petroleum Development Corporation (TPDC)