TransGlobe Energy Corporation has reached an agreement with the Egyptian General Petroleum Corporation (EGPC) to merge the three existing Eastern Desert concessions (West Gharib, West Bakr and North West Gharib concessions) into a new modernised concession agreement

Chariot Oil & Gas, the Africa-focused energy company, is has negotiated the key terms of a new licence, Rissana Offshore in Morocco

MODEC Senegal S.A.S.U. (MOSEN) has signed a contract with Woodside Energy for the operations and maintenance of a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar Field Development Phase 1 project offshore Senegal

The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand has resulted in a decline in oil and gas prices