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Panoro Energy – Heads of Terms Agreed for Block EG-23 Offshore Equatorial Guinea   Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has reached an agreement with the Government of Equatorial Guinea on the key terms and conditions for the award of offshore Block EG-23. 🔽 Find more info in comments below 🔽 #PanoroEnergy #OffshoreEquatorialGuinea #OffshoreOilandGas #OffshoreDrilling #OilandGasNews ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

Mosman Oil and Gas gets approval for Amadeus project   Mosman Oil and Gas Ltd (AIM:MSMN) has received final government approval for its EP 145 farm-in deal, effectively greenlighting its helium and hydrogen project in Australia’s northern territory. 🔽 Find more info in comments below 🔽 ChatGPT#MosmanOilandGas #AIM #MSMN #GovernmentApproval #EP145 #FarmInDeal #HeliumProject #CleanEnergy #OilandGasNews ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

#GasMonetization to spur #OilAndGasExploration, production in #RepublicOfCongo https://buff.ly/3uDIcDa #EntraConsulting #oil #gas #energy #shale #renewableenergy #petroleo #energia #electricidad #energiasrenovables

Equinor, Troll Partners Plan $1.1 Billion Natural Gas Production Expansion to Meet European Demand https://ift.tt/XMfduRA Equinor ASA and its partners in Norway’s Troll field plan to invest more than $1.1 billion in the western part of the production area to sustain high levels of natural gas exports to Europe beyond 2030. Norway’s largest oil and gas producer plans to present to Norway’s Ministry of Energy a plan from the Troll partnership that could boost annual peak production from the prolific offshore field to 7 billion cubic meters (Bcm), or roughly 247 Bcf/y. “We have been working alongside our partners, Gassco and the Norwegian authorities to maximize energy deliveries from the Norwegian Continental Shelf since 2022,” Equinor’s Kjetil Hove, executive vice president of Norwegian Exploration and Production, said. “This project will allow Troll and Kollsnes to continue their substantial contributions to the role of the (shelf) in guaranteeing European energy security in challenging times.” [Want to visualize Henry Hub, Houston Ship Channel and Chicago Citygate prices? Check out NGI’s daily natural gas price snapshot now.] Output from Troll currently meets around 10% of Europe’s annual gas demand, according to Norway’s Ministry of Energy. The Troll partners plan to accelerate production to extract around 55 Bcm of natural gas from the production area over the life of the project as a part of the second stage of the Troll Phase 3 project. The project could include eight new wells from two new templates connected to existing infrastructure, as well as modifications to the Troll A platform. The first wells are scheduled to come online by the end of 2026. Troll, operated by Equinor (30.58%), is Norway’s largest gas producing field. Equinor’s partners in the field include a Scandinavian unit of ConocoPhillips (1.62%), Norway’s state-owned Petoro AS (56%), a unit of Shell plc (8.10%) and a unit of TotalEnergies SE (3.69%). Equinor made several new discoveries of oil and natural gas resources in the Troll/Fram area last year, including in mature parts of the field. The first stage of Troll Phase 3 was initiated in 2021 and also included eight wells, as well as a new pipeline to the Troll A platform. Stage 1 was intended to sustain production levels for the next 5-7 years, while Stage 2 is planned to add on another four years of high-level output. Equinor estimated that both stages would help stave off production decline through 2036. The Troll projects, as well as Equinor’s other plans in existing production areas across the Norwegian Continental Shelf, could help Norway meet its commitments to provide a stable alternative for a portion of the Russian gas absence that has been a feature of the regional market since 2022. Norway currently supplies about 20-25% of gas demand in the European Union (EU) and the UK, according to EU data, with Equinor-operated assets making up a large chunk of that supply. Norway expo...

🔥 Exciting times ahead for Colombia's oil and gas sector! 🛢️ As offshore exploration surges, we're seeing a promising rebound in rig activities. 🚀 👀 Discover how upcoming projects and a favorable market forecast are setting the stage for a significant increase in exploration investments. Are we on the brink of an energy boom? 📊 Dive into the details with our latest report on how Colombia is navigating these dynamic changes in the energy landscape. 🔗 Link to the full article in the comments! #EnergySector #OilAndGas #OffshoreDrilling #Colombia #MarketTrends #InvestmentOpportunities #Ecopetrol

Azule Energy, Angola's top oil and gas company, is set to boost production by 14% to 250,000 barrels per day by 2026. This supports Angola's oil industry revival. The venture plans to drill 16 exploration wells and invest $7 billion in exploration and production until 2027. The New Gas Consortium (NGC) aims to increase Angola LNG's production significantly by connecting to the Angola LNG terminal.   Swarupa Deshpande Anibor Kragha Edgar de Oliveira Chiquito Jose Anibal Morguier Braga Josemar Lima NETO Dakim Dung Ikechukwu Promise Obialor Petlong Dakhling Follow The African Energy Council for more energy news #azuleenergy #oilandgas #aecouncil #lng #angola #oilindustry #oilexploration #oilproduction

Azule Energy, Angola's top oil and gas company, is set to boost production by 14% to 250,000 barrels per day by 2026. This supports Angola's oil industry revival. The venture plans to drill 16 exploration wells and invest $7 billion in exploration and production until 2027. The New Gas Consortium (NGC) aims to increase Angola LNG's production significantly by connecting to the Angola LNG terminal. Swarupa Deshpande Anibor Kragha Edgar de Oliveira Chiquito Jose Anibal Morguier Braga Josemar Lima NETO Dakim Dung Ikechukwu Promise Obialor Petlong Dakhling Follow The African Energy Council for more energy news #azuleenergy #oilandgas #aecouncil #lng #angola #oilindustry #oilexploration #oilproduction

Sierra Leone’s Petroleum Directorate Partners with AEW: Invest in African Energy Sierra Leone’s Petroleum Directorate (PDSL) has confirmed its official partnership with African Energy Week (AEW): Invest in African Energy – scheduled for November 4–8, 2024. This collaboration signifies a pivotal moment in Sierra Leone’s energy sector, underscoring its commitment to forging global partnerships and showcasing its vast potential in the oil and gas industry. https://lnkd.in/d25au6UJ

In a groundbreaking development, Shell, in partnership with Stena Drilling, has discovered a promising natural gas reservoir in the northeast El-Amriya block of the Mediterranean Sea, offshore Egypt. Drilling operations, conducted at a depth of approximately 250 meters below sea level, have yielded compelling evidence suggesting the presence of a substantial natural gas resource. While further evaluation is required to determine the exact size and recoverable potential of this discovery, Shell Egypt remains optimistic about the significance of this breakthrough. This finding underscores Egypt's emerging position as a key player in the global energy landscape. Read more: https://lnkd.in/e4hFR3zZ #Gas #NaturalGas #NaturalGasDiscovery #EgyptEnergy #Egypt #Energy

New Year, New Energy!⚡️ Important developments took place in the energy industry over the holiday season! Here's a quick roundup: 🛠 Seplat completed the installation of the ANOH gas plant, boosting domestic and regional supply. 🌍 Petrobras expanded to Africa, securing stakes in Sao Tome and Principe for upcoming exploration activities. 🔥 Eni's Congo LNG project is on track to become the country's first LNG producer by 2024, marking a significant milestone. 💡 Rex International Holding secured a stake in offshore Benin's Seme Field, aiming to revitalise and increase oil recovery. ⛽️ Corcel's drilling results in Angola revealed promising oil prospects, signaling potential production reactivation. 🌟 Invictus Energy raised A$15m for more exploratory ventures in Zimbabwe's Cabora Bassa project, following last year's gas discoveries. Read the full article for more details: https://lnkd.in/dDxuwqw5 #EnergyIndustry #NewYearUpdates #AOW2024 #investinginafricanenergy