Africa-focused traditional energy company Chariot has been formally awarded the Rissana offshore licence in Morocco
Chariot signs Rissana offshore licence in North Africa
Exploration
SDX Energy completes MSD-25 well drilling in Egypt
AIM-listed SDX Energy, the MENA-focused energy company, has completed the drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt, where SDX has 50% working interest
Eni starts production from Ndungu EP development project, offshore Angola
Eni has started production from Ndungu Early Production (EP) development project, in Block 15/06 of the Angolan deep offshore, via the Ngoma floating production storage and offloading (FPSO) vessel
Oil prices surge following Russia's invasion of Ukraine
Crude oil and gas prices have surged following Russia’s invasion of Ukraine, reaching their highest levels since 2014
Europe can look to Africa as preferred gas supplier
With recent sanctions on Russia by western nations threatening the critical supply of Russian gas to European markets, an opportunity has emerged for African gas producers to step up, enhancing hydrocarbon production and exports to meet international supply gaps
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