Genel Energy has signed a farm-out agreement with OPIC Somaliland Corporation (OSC) relating to the SL10B13 block, Somaliland, with all its share of future capital investment coming from CPC Corporation, Taiwan, the state-owned enterprise of Taiwan
Exploration
IEA: economic recovery accelerating global coal power generation
The International Energy Agency (IEA) has released their Coal 2021 report which indicates that economic recovery is driving global coal power generation to a record this year and overall coal demand to a potential all-time high as soon as 2022
Eni signs agreement with Sonatrach in Algeria
Eni has signed an agreement with Sonatrach to relaunch production in the Berkine basin and to accelerate decarbonisation initiatives, a move that is set to strengthen Enis presence in Algeria
Chariot commences drilling operations on Anchois gas development project
AIM-listed Chariot, the Africa-focused transitional energy company, has announced that the Stena Don drilling rig has now arrived on location in the Lixus licence, offshore Morocco, to carry out drilling operations on the Anchois gas development project
QatarEnergy acquires interests in Egypt offshore blocks
QatarEnergy has entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea