Africa Oil Corp has taken note of the press release by TotalEnergies announcing the renewal of Oil Mining License (OML) 130 for a period of 20 years
Exploration
Offshore drilling riser market most lucrative in Middle East and Africa
The global offshore drilling riser market was estimated to reach a valuation of US$3.8bn in 2022
Successful PPPs like Gabon Power Company-Perenco driving Gabon's economy
With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans are moving ahead at full speed
Corcel signs acquisition deal with APEX
AIM-listed Corcel, the extractive industries exploration and development company, with interests across battery metals and oil and gas, has signed its first oil and gas acquisition with the purchase of a 90% interest in Atlas Petroleum Exploration Worldwide (APEX), that has working interests in several historically producing oil assets in the Kwanza Basin, onshore Angola
Panoro gives trading and financial updates for Q1 2023
Panoro Energy ASA announced strong financial performance with revenue of US$60.7mn and EBITDA of US$35.6mn for the first three months