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June 22, 2020
Egypt Announces New Oil Discovery in the Gulf of Suez
The initial production rate of the new discovery is estimated at 2,000 barrels of oil per day.
May 14, 2019
Eni makes light oil discovery offshore Angola
The discovery indicates upside potential for Block 15/06.
February 4, 2019
Oil discovery would be a game changer for South Africa’s economy
Total in final stages of oil drilling exploration offshore Mossel bay.
June 8, 2018
Market Report: Savannah Petroleum makes oil discovery in Niger
Oil prices rise, Savannah Petroleum makes oil discovery in its Niger Amdigh-1 exploration well.
December 11, 2019
Springfield Group Confirms 1.5 Billion Barrels of Oil in Recent Discovery
The discovery will boost Ghana’s production from 200,000 to 250,000 barrels of oil per day.
May 25, 2020
Angola Exploration License Extensions Could Spur Oil Sector Recovery
Several IOCs received extensions on existing block licenses in Angola before the COVID-19 crisis.
May 15, 2020
Market Report: Eni SpA and Springfield E&P to Combine Oil and Gas Fields
Minister John-Peter Amewu says the fields have “identical reservoir and fluid properties”.
May 7, 2020
Investment Report Examines Angola Oil and Gas Projects
Africa Oil & Power launched its Africa Energy Series Special Report: Angola 2020 on Thursday.
May 5, 2020
No Deal on Texas Oil Production Cuts
The regulating agency voted against production cuts, but eased rules on crude oil storage.
March 11, 2020
SDX Energy Finds Oil Onshore Egypt
SDX Energy found 35 meters of net heavy oil pay in the Yusr and Bakr formations.