News Oil & Gas

Helium One to find exploration targets at Balangida

Helium One Global plc has completed analysis of data ahead of generating helium gas exploration targets over the Balangida Rift Basin in Tanzania. BALANGIDA The project is the company’s smallest and comprises one prospecting licence covering 260km2 in the north central part of the country. Balangida lies near established infrastructure and is 69km from the […]

News Oil & Gas

Scirocco expects to sell Ruvuma interest during Q1 2023

Scirocco Energy plc said it now expected to sell during the first quarter of 2023 its 25% share of the Ruvuma gas asset in Tanzania. CLEARANCE The company agreed to sell its asset to ARA Petroleum Tanzania (APT), with a view to completing the transaction during December 2022. Scirocco today said that the Tanzanian fair […]

News Oil & Gas

United spuds fifth and final 2022 well at Abu Sennan

United Oil & Gas plc’s joint venture partner has spud the fifth and final well for the companies’ 2022 drilling campaign on the Abu Sennan licence, onshore Egypt. ASW-1X EXPLORATION WELL Operator Kuwait Energy Egypt began drilling ASW-1X exploration well, targeting un-risked mean recoverable resources estimated by United at c. 8 mmbbls gross in multiple […]

Company Moves News Oil & Gas

EnQuest appoints Gareth Penny as non-executive chairman

EnQuest plc has appointed Gareth Penny as non-executive chairman, effective from today. He replaces Martin Houston whose departure was announced in June. “The board would like to thank Martin Houston for his important contribution to the company during his chairmanship,” said EnQuest in a statement. GARETH PENNY On joining the board, Mr Penny will also […]