Argentina aims to hit its highest oil production in nearly three decades, driven by massive investments…
Tag: Oil sector
Nigeria’s Oil Sector Faces Ongoing Governance Challenges Despite PIA Reforms
Despite enacting the Petroleum Industry Act (PIA) in 2021, Nigeria’s oil sector struggles with governance issues…
Libya Restarts Mabruk Oil Field, Aims for Economic Revival
Libya restarted oil production at the Mabruk field after a ten-year halt caused by conflict. The…
BW Energy Uncovers Major 30M-Barrel Oil Field in Gabon
BW Energy has discovered a new oil field in the Bourdon prospect, located within the offshore…
Tower Resources Ramps Up NJOM-3 Drilling Prep, Awaits Cameroon’s Green Light
British oil company Tower Resources prepares for the NJOM-3 well in Cameroon’s Thali block. The company…
Angola Boosts Offshore Search to Reverse Oil Decline
Angola has launched new studies to address its declining oil production. The country, which produced 1.8…
PetroNor Nets $64M from Record Crude Sale in Congo
PetroNor, a Norwegian oil exploration company, sold 881,192 barrels of crude oil from the Pointe Noire…
Cameroon Secures $15M Deal for NJOM-3 Offshore Oil Development
Cameroon finalised a $15 million partnership to develop the NJOM-3 well, a key project in the…
Savannah Energy Renews Push for South Sudan Oil Deal
After halting them earlier, Savannah Energy has resumed talks to acquire Petronas’ oil assets in South…
Woodside Energy Set to Boost Namibia’s Oil Boom
Namibia’s oil sector has gained global attention with significant discoveries off its coast since 2022. Woodside…