Sound Energy on Wednesday announced that the second Tendrara well, TE-7, onshore Morocco, has now been drilled to the first casing point at a measured vertical depth of 462 metres. According to the company, the 13 3/8" casing has been successfully set and cemented in the Aalenian dolomite formation.This new development is coming almost a week after the European and African focused upstream...

Eni has revealed plans to increase production at its Nooros field to 1billion cubic feet per day of gas in 2017, rather than the formerly detected 700 million cubic feet daily production. The Italian company was expected to boost gas production from three wells in the Nooros field by 180mcf/d in September 2016. According to an official from Egyptian Natural Gas Holding Co (EGAS), the...

La Compagnie minière de l’Ogooué (Comilog) a récemment organisé une visite guidée des installations du Complexe métallurgique de Moanda (Cmm) au profit des populations de la gare. Des dizaines de visiteurs se sont installés dans l’une des salles de réunion où ils ont assisté à la projection d’un court métrage faisant la genèse et l’aboutissement du projet du CMM. A la...

Experts and oil industry players have predicted a decrease in exploration activities as well as in the discovery of oil this year due to the downward trend in the prices of crude oil in the global market. In 2015, explorers found only a tenth of what they have always been discovering as oil every year since 1960. In 2016, it is estimated to reduce, thereby inciting new uncertainties about the...

CGG has entered into an agreement with Ghana’s GNPC Operating Services Company Ltd (GOSCO), to set up a joint-venture company aimed at performing high-end 2D, 3D and 4D marine seismic acquisition and related services in Ghana. The main responsibility of the joint-venture company, GOSCO Geoscience Limited (GGSL), is to make seismic vessels and marine seismic acquisition technologies and...

Libya’s National Oil Corporation Chairman, Mustafa Sanalla (photo), has announced that the delays in the passing of budget from the new government is affecting oil production, making the country lose about 200,000 barrels per day at the cost of millions of dollars. According to Sanalla, NOC’s calculations have showed that the lack of budget has resulted in production losses at its AGOCO and...

The Niger Delta Avengers, a group of militants to be blamed for numerous attacks on oil and gas facilities in the southern Niger Delta region since the beginning of this year, has announced that it has agreed to a ceasefire and has stopped fighting. This is coming a week after the group said it was ready for a ceasefire and negotiations with the government. The region which produces most of the...

Ghana National Gas Company Limited has announced the shutting down of the Atuabo gas processing plant for routine maintenance which will last for 10 days. The shutdown of the plant which is expected to commence from August 31, is coming three days after workers of the Ghana National Gas Company Limited staged a protest over poor working conditions at the plant. This protest was afterwards...

According to Thinking Africa’s recent ranking of African countries that have given out (sold or allocated) most of their arable lands to foreign investors since 2000, Madagascar comes at the top with more than 3.7 million hectares of agricultural lands. The Island is followed by Ethiopia with 3.2 million hectares, the Democratic Republic of Congo with 2.8 million hectares, Tanzania with 2...

During the sixth edition of the Tokyo International Conference for Africa’s Development (TICAD VI) recently held in Nairobi, Kenya, the African Development Bank (AfDB) and the government of Japan signed a $3 billion agreement to boost growth in private sector and reduce poverty in Africa, over three years. The agreement which falls under the third phase of the Enhanced Private Sector...