First Independent Mena Newspaper
Libya’s National Oil Corporation (NOC) has announced a significant new oil discovery in the Sirte Basin, located in central Libya. The find was made by the Austrian energy company OMV through its Libyan branch, marking the firm’s first exploration activity in the region. According to the NOC’s statement released on Wednesday, October 29, preliminary tests […]
Kenyan lawmakers are considering changes to the Mining Act of 2016, thus following in the footsteps of Uganda that passed its Mining and Minerals Act in October 2022, aiming to reform its nascent mining industry to improve the state’s control and oversight of the critical industry. The Mining (Amendment) Bill that was tabled in the […]
Planned oil and gas exploration in the eastern Democratic Republic of Congo could expose more than one million people to pollution and disease, according to a report released by the environmental group Greenpeace Africa. The planned selling of 30 eastern land blocks that extend into a famous gorilla reserve would also threaten wildlife and food […]
The French energy giant TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right and the country’s authorities expect the company to submit a production plan within weeks to utilize a prolific offshore gas discovery that will form a key part of increasing investment in the sector. The […]
Algiers has made it intentions known to Cairo that deals involving natural gas could only be discussed in 2014, due to the need to develop production from new fields first. According to Egypt’s oil minister Osama Kamal, Algeria doesn’t have “enough quantities to be exported to Egypt.” Algeria’s decision was prompted by the fact that […]
ADX Energy is in the process of completing two farm outs in relation to its Chorbane permit. The two farm outs are found onshore. The company is seeking for the permit so that it can carry out a seismic acquisition campaign next year. It is therefore working towards getting the permit as early as possible […]
Chariot Oil & Gas Limited, an independent Africa focused oil and gas exploration company, has reinforced its petroleum partnership with Morocco through its recent acquisition two more blocks off the coast of the North African Kingdom. Under the exploration deal sealed with Morocco’s national oil company (Office National des Hydrocarbures et des Mines), Chariot gets […]