Earlier this month, global energy major ExxonMobil – under its affiliate, Esso Exploration Angola – announced a discovery in the Bavuza South-1 well in Block 15 offshore Angola, an accomplishment which is set to reawaken new investment in Angola’s upstream oil and gas market
Exploration
Oil production in Nigeria recovers in October after a four-decade low
Oil production in Nigeria recovered from its four-decade low in September 2022 and peered above the 1mn bopd mark in October
TotalEnergies raises stake in the Waha field in Libya
TotalEnergies has completed the joint acquisition with ConocoPhillips of the 8.16% interest held by Hess in the Waha concessions, in Libya
Saipem bags several offshore drilling contracts in the Middle East and West Africa
Saipem has been awarded new offshore drilling contracts, three in the Middle East and two in West Africa for a total amount of approximately US$800mn
ReconAfrica announces operation status of wells and seismic programmes in Namibia
Reconnaissance Energy Africa has announced results of the Makandina 8-2 well, spudding of the Wisdom 5-1 well, results of the Phase 2 seismic programme and a new Environmental Compliance Certificate for up to an additional 1500 kms of seismic in Namibia