United Oil & Gas plc said that test results have exceeded the company’s internal pre-drill expectations at the Al Jahraa-8 development well in the Abu Sennan concession, onshore Egypt. The company holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt. PRODUCTION The AJ-8 well began drilling on 2 May, targeting […]
Month: November 2024
Oriole completes half of CLP mapping-sampling
Oriole Resources plc has completed more than half of the mapping and sampling on its 3,592km2 Central Licence Package in central Cameroon. FIELD WORK The company completed the five easternmost licences, with results anticipated during Q3 2021, and has now paused activities for the rainy season. The programme will resume for the remaining three licences […]
Tertiary signs option for JV copper licences in Zambia
Tertiary Minerals plc has entered into an option agreement to acquire up to a 90% joint venture (JV) interest in five copper exploration licences covering 1,500 km2 in Zambia. PROSPECT The company’s 96% recently incorporated subsidiary Luangwa Minerals Ltd, secured the agreement with Mwashia Resources Ltd. The deal covers exploration licence 27069-HQ-LEL (Jack’s licence) and […]
Europa starts farm-out process for Inezgane
Europa Oil & Gas (Holdings) plc has formally started the farm-out for its 11,228 km2 Inezgane permit, offshore Morocco in the Agadir Basin. INEZGANE Europa was awarded the licence in 2019 and holds a 75% interest and operatorship in the licence with Morocco’s ONHYM owning the remaining 25%. The licence lies in water depths mostly below […]
Neptune Energy installs world’s longest ETH pipeline
Neptune Energy has installed and tested the world’s longest trace-heated subsea production pipeline at its operated Fenja field in the Norwegian Sea. TEMPERATURE The company said that the 37km electrically trace-heated (ETH) pipe-in-pipe solution would transport oil from the field to the Njord A platform, operated by Equinor. It will also significantly reduced the potential […]
IOG spuds Blythe development well
IOG plc announced it had spud the Blythe development well in the UK Southern North Sea and expected first gas during the fourth quarter of 2021. SCHEDULE The well is the second in the company’s Phase 1 project, following Elgood, and is expected to take under three months to drill and complete before the rig […]