AIM-listed Global Petroleum has announced, in relation to its licence PEL0094 (Block 2011A) offshore Namibia, that the Ministry of Mines and Energy has agreed to Globals proposal to enter into the next licence sub-period from September 2021 to September 2022
Exploration
Sonangol extends deadline for bidders in farm-out drive
Angola’s state oil and gas company Sonangol has announced the extension of deadline for farm down bid process to 20 August 2021
SDX Energy spuds HA-1X well at South Disouq, Egypt
SDX Energy, the MENA-focused energy company, has announced the spudding of the Hanut-1 exploration well (HA-1X), the second well in the Companys 2021 two-well drilling campaign in South Disouq following the successful IY-2 well announced in July
Uganda’s oil and gas a key focus at African Energy Week
Uganda’s sizeable reserves, enabling regulation and proactive national oil company is positioning the country as a regional hydrocarbon leader, and African Energy Week in Cape Town is set to promote it from 9-12 November 2021
GNPC seeks approval for US$1.65bn loan for oil exploration
The Ghana National Petroleum Corporation (GNPC) is seeking parliamentary approval for a US$1.65bn loan to buy a 70% stake in the South Deep Water Tano (SDWT) and a 37% stake in the Deep Water Tano/Cape Three Points (DWT/CTP)