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October 6, 2024

Libya Tops Italy’s List of Largest Crude Oil Suppliers in Early 2024

Libya has emerged as Italy's largest crude oil supplier during the first seven months of 2024. From January to July, Italy imported an impressive 7.39 million tons of Libyan crude oil, which accounted for 22.3% of the country's total oil imports during this period.
October 6, 2024

UN Acting Envoy Stephanie Khoury Reaffirms Support for NOC's Independence During Meeting with NOC Chairman Farhat Bengdara

In a significant meeting held today at the National Oil Corporation (NOC) headquarters in Tripoli, NOC Chairman Farhat Bengdara welcomed Stephanie Khoury, the Acting UN Envoy to Libya. The discussions focused on the resumption of oil production, sustainability challenges, and the importance of preserving the NOC’s independence.
September 19, 2024
4

ONHYM Hosts Turkish Delegation to Discuss Hydrocarbon and Mining Cooperation Opportunities

The National Office of Hydrocarbons and Mines (ONHYM) recently welcomed a prominent Turkish delegation to explore new avenues for collaboration in the hydrocarbon and mining sectors. The delegation, led by Mr. Nail Yildrim, Director of the International Society for Mineral Research and Exploration, included key Turkish officials such as Mr. Bahdari Kalpakci, Director of Strategy and Business Development at MTA International Company - Exploration and Mining, and Mr. Mustafa Uludag, First Secretary of the Turkish Embassy in Morocco. The meeting also saw participation from senior officials across both public and private sectors.
September 15, 2024

NOC Chairman Farhat Bengdara Meets with Senior U.S. Officials to Discuss Strengthening NOC’s Independence

The Chairman of the National Oil Corporation (NOC), Mr. Farhat Bengdara, held a series of high-level meetings with senior U.S. officials in Washington, D.C., to discuss bolstering the NOC's independence. These crucial discussions included a meeting at the White House with U.S. President's Special Envoy, Mr. Amos Hochstein, and at the U.S. State Department with Deputy Assistant Secretary of State, Mr. Joshua Harris. Additionally, he met with Ms. Cybele Siegel, Acting Deputy Assistant Administrator of the USAID Middle East Bureau, and senior officials at the U.S. Treasury, including Mr. Anthony Marcus from the International Affairs Office.
September 14, 2024

Chariot Limited Confirms Promising Gas Discoveries at Morocco's Offshore Anchois Project

Chariot Limited, a British energy company, has made significant progress in its Anchois-3 well, part of the Lixus Offshore gas project off Morocco’s coast. In a recent update, the company confirmed the discovery of gas reservoirs in the B sands, one of the primary appraisal targets of the ongoing drilling campaign. This development marks a crucial step in Chariot’s exploration activities and could have a substantial impact on Morocco’s growing energy sector.
October 7, 2024
3 min

ONHYM Hosts Gambian Delegation for Strategic Talks on Hydrocarbons and Mining Cooperation

The National Office of Hydrocarbons and Mines (ONHYM) welcomed a high-level delegation from the Republic of The Gambia, led by Ambassador Habib T. B. Jarra, Secretary General of the Office of the President of The Gambia. The delegation also included Mr. Ousainou Senghore, Director General of the Gambia Investment and Export Promotion Agency (GIEPA), Ms. Sarata Conateh, Director General of the Gambia Chamber of Commerce and Industry, as well as other senior officials from both public and private sectors.
September 11, 2024

ONHYM Welcomes South Korean Delegation from LX International for Strategic Partnership Discussions

The Office National des Hydrocarbures et des Mines (ONHYM) hosted a high-level delegation from the South Korean company LX INTERNATIONAL, led by Mr. Gyu Hwa Han, Chairman and CEO of LX INTERNATIONAL EUROPE. The meeting, held at ONHYM's headquarters, focused on exploring partnership and cooperation opportunities in the field of strategic substances required for the energy transition.
September 10, 2024

South Sudan Considers New Pipeline Route to Boost Oil Exports

South Sudan and China's state-owned China National Petroleum Corporation (CNPC) are currently in advanced discussions to establish a new oil pipeline that could significantly reshape the region's energy landscape. This proposed strategic pipeline would stretch through Djibouti and Ethiopia, offering a new and more direct route for oil exports from South Sudan's Blocks 3 and 7. If realized, the project would mark a major milestone in South Sudan's efforts to diversify its export routes and reduce dependency on the existing pipeline that runs through Sudan, a route often hindered by political instability and logistical challenges.
October 7, 2024
3 min

Egyptian Natural Gas Holding (EGAS) Launches Bid Round for 12 Oil and Gas Exploration Blocks

The Egyptian Natural Gas Holding Company (EGAS) has officially launched a new international bid round, offering exploration and exploitation rights for 12 oil and gas blocks in the Mediterranean and the Nile Delta. This bid round, which includes 10 offshore blocks and two onshore blocks, marks a significant opportunity for international investors to explore and develop Egypt's promising energy resources.
August 27, 2024
4

Chariot Begins Drilling Operations at Anchois Gas Project Offshore Morocco

Bamako - Chariot Limited, the African subsidiary of energy company Chariot, has officially begun drilling operations at its Anchois gas project in Moroccan waters. The company announced today that the Stena Forth drillship has arrived at the site to start work on the Anchois-3 well, marking a significant step in Chariot's exploration and development strategy.
August 18, 2024

Sirte Oil Boosts Production and Enhances Power Grid through Increased Gas Supply

In a significant step towards achieving the strategic objectives set by the National Oil Corporation (NOC), Sirte Oil has successfully elevated its production rates and reinforced the national power grid by increasing the supply of natural gas. These advancements come as part of Sirte Oil's ongoing commitment to enhancing its operational efficiency and supporting Libya's energy sector.
August 18, 2024

VAALCO Energy Expands Operations in the Egyptian Oil Sector

VAALCO Energy, a prominent player in the global oil and gas industry, has revealed its strategic expansion plans for Egypt's oil sector during a high-level meeting with Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi. The meeting, attended by key VAALCO executives including Chief Operating Officer Thor Pruckl, Egypt Country Manager Iman Hill, and Executive Vice President of Government Relations Tawfiq Nassif, focused on enhancing production capabilities and exploring new opportunities within Egypt's oil-rich regions.
July 10, 2024
2 min

Eni Announces Major Offshore Discovery in Mexico

Eni announces a significant offshore discovery in Block 9, Cuenca Salina, Mexico, with an estimated 300-400 million barrels of oil equivalent.
June 28, 2024
4 min

Woodside Energy's Trion Project: A Game-Changer for Mexico's Natural Gas Production and Exports

Woodside Energy project off Matamoros coast to liquefy gas and connect to offshore pipeline in the Gulf of Mexico upon platform arrival in the region
June 28, 2024
2 min

Colombia's Gas Potential Expands: Petrobras & Ecopetrol Begin Drilling Uchuva-2 Well

Colombia's energy future gets a boost as Petrobras & Ecopetrol drill key appraisal well for offshore gas discovery.
June 25, 2024
2 min

Unveiling Green Innovation: Iberdrola México Fuels Millfoods' New Guanajuato Plant with 100% Renewable Energy

Millfoods' cutting-edge corn processing plant in Guanajuato now runs on 100% renewable energy, thanks to a pioneering partnership with Iberdrola México.
June 17, 2024
2 min

Breaking Ground: Construction Starts on Mayakán Energy Expansion Gas Pipeline

CFE and ENGIE México, alongside Energía Mayakán, have initiated construction on the Mayakán Energy Expansion Gas Pipeline, aimed at securing natural gas supply in the Yucatán Peninsula and generating thousands of jobs
June 13, 2024
2 min

Colombia Sets Ambitious Target to Boost Oil Production to 1 Million Bpd

Colombia aims to boost oil production to 1 million barrels per day by revitalizing older contracts and enhancing exploration in underutilized blocks.
June 13, 2024
2 min

Doris Wins FEED Contract for Mexico's Zama Oil Field Development

French engineering firm Doris has been awarded the FEED contract for Mexico's Zama field, a major offshore oil project expected to boost the country's energy supply significantly. 2/2
April 25, 2024
2 min

Colombian Government Pursues Deal to Enable Ecopetrol to Tap into Venezuelan Oil and Gas Reserves

April 25, 2024
2 min

The US to Expand Natural Gas Shipments to Mexico with New Pipelines

April 25, 2024
3 min

Colombia's Offshore Boom: Exploring New Horizons in Rig Activity

April 18, 2024
2 min

Mexican Government Nationalizes Hydrogen Plant at Pemex Refinery

April 18, 2024
1 min

Exciting Discovery: Canacol Energy Unveils New Gas Source at Chontaduro 1 Well

Canacol Energy Ltd. has recently discovered a new natural gas well, Chontaduro 1, in Colombia, showing promising initial test results. The company is now gearing up to drill a second appraisal well, Chontaduro 2, to further assess the area's potential.
September 15, 2024

NOC Chairman Farhat Bengdara Meets with Senior U.S. Officials to Discuss Strengthening NOC’s Independence

The Chairman of the National Oil Corporation (NOC), Mr. Farhat Bengdara, held a series of high-level meetings with senior U.S. officials in Washington, D.C., to discuss bolstering the NOC's independence. These crucial discussions included a meeting at the White House with U.S. President's Special Envoy, Mr. Amos Hochstein, and at the U.S. State Department with Deputy Assistant Secretary of State, Mr. Joshua Harris. Additionally, he met with Ms. Cybele Siegel, Acting Deputy Assistant Administrator of the USAID Middle East Bureau, and senior officials at the U.S. Treasury, including Mr. Anthony Marcus from the International Affairs Office.
September 14, 2024

Chariot Limited Confirms Promising Gas Discoveries at Morocco's Offshore Anchois Project

Chariot Limited, a British energy company, has made significant progress in its Anchois-3 well, part of the Lixus Offshore gas project off Morocco’s coast. In a recent update, the company confirmed the discovery of gas reservoirs in the B sands, one of the primary appraisal targets of the ongoing drilling campaign. This development marks a crucial step in Chariot’s exploration activities and could have a substantial impact on Morocco’s growing energy sector.
October 7, 2024
3 min

ONHYM Hosts Gambian Delegation for Strategic Talks on Hydrocarbons and Mining Cooperation

The National Office of Hydrocarbons and Mines (ONHYM) welcomed a high-level delegation from the Republic of The Gambia, led by Ambassador Habib T. B. Jarra, Secretary General of the Office of the President of The Gambia. The delegation also included Mr. Ousainou Senghore, Director General of the Gambia Investment and Export Promotion Agency (GIEPA), Ms. Sarata Conateh, Director General of the Gambia Chamber of Commerce and Industry, as well as other senior officials from both public and private sectors.
September 11, 2024

ONHYM Welcomes South Korean Delegation from LX International for Strategic Partnership Discussions

The Office National des Hydrocarbures et des Mines (ONHYM) hosted a high-level delegation from the South Korean company LX INTERNATIONAL, led by Mr. Gyu Hwa Han, Chairman and CEO of LX INTERNATIONAL EUROPE. The meeting, held at ONHYM's headquarters, focused on exploring partnership and cooperation opportunities in the field of strategic substances required for the energy transition.
September 10, 2024

South Sudan Considers New Pipeline Route to Boost Oil Exports

South Sudan and China's state-owned China National Petroleum Corporation (CNPC) are currently in advanced discussions to establish a new oil pipeline that could significantly reshape the region's energy landscape. This proposed strategic pipeline would stretch through Djibouti and Ethiopia, offering a new and more direct route for oil exports from South Sudan's Blocks 3 and 7. If realized, the project would mark a major milestone in South Sudan's efforts to diversify its export routes and reduce dependency on the existing pipeline that runs through Sudan, a route often hindered by political instability and logistical challenges.
October 7, 2024
3 min

Egyptian Natural Gas Holding (EGAS) Launches Bid Round for 12 Oil and Gas Exploration Blocks

The Egyptian Natural Gas Holding Company (EGAS) has officially launched a new international bid round, offering exploration and exploitation rights for 12 oil and gas blocks in the Mediterranean and the Nile Delta. This bid round, which includes 10 offshore blocks and two onshore blocks, marks a significant opportunity for international investors to explore and develop Egypt's promising energy resources.
August 27, 2024
4

Chariot Begins Drilling Operations at Anchois Gas Project Offshore Morocco

Bamako - Chariot Limited, the African subsidiary of energy company Chariot, has officially begun drilling operations at its Anchois gas project in Moroccan waters. The company announced today that the Stena Forth drillship has arrived at the site to start work on the Anchois-3 well, marking a significant step in Chariot's exploration and development strategy.
August 18, 2024

Sirte Oil Boosts Production and Enhances Power Grid through Increased Gas Supply

In a significant step towards achieving the strategic objectives set by the National Oil Corporation (NOC), Sirte Oil has successfully elevated its production rates and reinforced the national power grid by increasing the supply of natural gas. These advancements come as part of Sirte Oil's ongoing commitment to enhancing its operational efficiency and supporting Libya's energy sector.
August 18, 2024

VAALCO Energy Expands Operations in the Egyptian Oil Sector

VAALCO Energy, a prominent player in the global oil and gas industry, has revealed its strategic expansion plans for Egypt's oil sector during a high-level meeting with Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi. The meeting, attended by key VAALCO executives including Chief Operating Officer Thor Pruckl, Egypt Country Manager Iman Hill, and Executive Vice President of Government Relations Tawfiq Nassif, focused on enhancing production capabilities and exploring new opportunities within Egypt's oil-rich regions.
August 3, 2024

Libya National Oil Corporation and Qatar Explore Oil Sector Collaboration

The Chairman of the National Oil Corporation (NOC) of Libya, Mr. Farhat Bengdara, recently met with the Qatari Ambassador to Libya, Mr. Khalid Mohammed bin Zabin Al-Dossari, in Tripoli to discuss enhancing cooperation in the oil services sector. The discussions aimed at strengthening bilateral ties and exploring collaboration opportunities in the energy industry.
July 28, 2024

Egypt to Launch International Tender for Petroleum and LNG Imports

Egypt is set to announce an international tender for the import of 740,000 tons of petroleum products, aiming to bolster its fuel supply amidst rising energy demands. Scheduled for August, the tender will encompass 400,000 tons of diesel, 170,000 tons of gasoline, and 170,000 tons of butane.
July 10, 2024

Al-Waha Oil has achieved a production milestone of 322,000 barrels per day (bpd).

The National Oil Corporation (NOC) announced that Al-Waha Oil Company's production has surged to 322,000 barrels per day, up from 280,000 bpd last year. This increase positions Al-Waha as the leading oil producer in Libya for 2023, with a total output of 102.2 million barrels, an 8.5 million barrel (9%) rise from 2022.
May 8, 2024
3 minutes

Amplus VGE and Carbon Circle Forge Strategic Alliance to Develop West Africa's Oil and Gas Fields

The collaboration between Amplus VGE and Carbon Circle aims to revolutionize access to West Africa's marginal oil and gas fields through innovative solutions and local engagement, offering end-to-end support from production to environmental sustainability.
May 8, 2024
2 minutes

Nigeria Opens 2024 with Major Investment Opportunities in 12 New Petroleum Blocks

The Nigerian Upstream Petroleum Regulatory Commission has launched the 2024 cycle for petroleum license allocation, aiming to stimulate growth in the country's oil industry through transparent and fair processes, offering 12 blocks for exploration, thereby ensuring a promising future for Nigeria's energy sector.
May 7, 2024
3 minutes

Azule Energy Gains 42.5% Stake in Namibia's Promising Oil Sector

Azule Energy, in partnership with BP and Eni, secures a lease for petroleum exploration in Namibia's Orange Basin, marking its expansion into offshore oil exploration beyond Angola.
May 1, 2024
3 minutes

Expansion in Namibia: Chevron Secures 80% Stake in Strategic Exploration Permit

Chevron secures an 80% stake in Namibia's oil exploration permit, signaling its commitment to supporting the country's energy sector growth amidst recent discoveries.
April 30, 2024
2 minutes

Zimbabwe's Eureka Gold Mine to be Powered by Invictus Energy's Mukuyu-2 Gas Field

Invictus Energy's discovery of a substantial natural gas reserve in Zimbabwe's Cabora Bassa project will fuel the Eureka gold mine's operations, marking a strategic move towards leveraging the region's gas potential for electricity generation and revenue generation.
March 22, 2024
3 minutes

Ivory Coast Sets Sights on OPEC Membership Amidst Oil Sector Expansion

Ivory Coast aims to join OPEC, signaling its energy sector's growth and transition towards becoming a net exporter, propelled by recent significant oil discoveries like "Calao."
March 22, 2024
3 min

Libya Surpasses Nigeria to Record Africa's Largest Monthly Oil Production Increase

In a landmark development for Africa's oil industry, Libya surpassed Nigeria with the continent's biggest monthly increase in oil production. February saw Libya's output jump to 1.167 million barrels per day, up by 144,000 barrels from January, significantly outpacing Nigeria's increase of 47,000 barrels per day. This surge, as reported by OPEC, positions Libya as a key player in the global oil market and underscores the shifting dynamics within Africa's oil production landscape.