Oil & Gas 360º

JULY 14, 2025

(Oil Price) – Azule Energy, a joint venture of international majors BP and Eni, has discovered a major natural gas reservoir offshore Angola in the first gas-targeting exploration well in the oil-producing country.

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Oil & Gas 360º

APRIL 17, 2025

(the Company or ReconAfrica) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces an agreement for a joint exploration project in Angola with the Agncia Nacional de Petrleo, Gs e Biocombustveis or National Oil, Gas and Biofuels Agency (ANPG). ANPG is Angolas national concessionaire and regulator.

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Rigzone

JUNE 11, 2025

Image by Daniel S Ragnarsson via iStock OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company expects to drill an exploration well in the second half of 2026.

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Oil & Gas 360º

MARCH 6, 2025

The Libyan government has officially launched the 2025 bid round for oil exploration, a long-anticipated move that marks a significant milestone in the countrys efforts to revitalize its energy industry. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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Oil & Gas 360º

MARCH 10, 2025

In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. UNOC is also advancing exploration in the Moroto-Kyoga basins, with preliminary studies aimed at uncovering new oil fields.

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Rigzone

JUNE 16, 2025

“Compare that to the two to three years, if that, to execute this task in other established basins,” Meanwhile, DNO said it has maintained production from its flagship Tawke at about 80,000 boepd “with minimal new investment," while its Côte d’Ivoire gas assets steadily produce over 3,000 boepd net to the company.

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Oil & Gas 360º

APRIL 10, 2025

trillion cubic feet of unrisked and 140 billion cubic feet of risked prospective natural gas resources (1) , on a 100% working interest basis, based on the most recent prospective resources report prepared by Netherland, Sewell, & Associates, Inc. (“NSAI”), an independent qualified reserves evaluator.

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