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ReconAfrica to accelerate drilling plan for Namibia exploration well

Oil & Gas 360º

Drilling at the Prospect I location has been significantly derisked by the results of our first Damara Fold Belt well, Naingopo, which encountered reservoir in the Otavi carbonates, hydrocarbon shows and oil to surface.

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bp discovers oil at Far South prospect, deepwater U.S. Gulf

Oil & Gas 360º

bp drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles off the coast of Louisiana in 4,092 feet of water. The well was drilled to a total depth of 23,830 feet. million barrels of oil equivalent in 2030, with the capacity to increase production out to 2035.

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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360º

Meanwhile, Enis offshore drilling campaign in Libyas Sirte Basin is set to be one of the most closely watched exploration programs in 2025, with four exploration wells in the pipeline. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

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. Algerias Sonatrach will increase hydrocarbon production by 2.5%

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