Industry

Genel Energy signs farm-out agreement with OPIC Somaliland Corporation

somaliland story 20 DecGenel Energy has signed a farm-out agreement with OPIC Somaliland Corporation (OSC) relating to the SL10B13 block, Somaliland, with all its share of future capital investment coming from CPC Corporation, Taiwan, the state-owned enterprise of Taiwan

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IEA: economic recovery accelerating global coal power generation

AdobeStock 297017266The International Energy Agency (IEA) has released their Coal 2021 report which indicates that economic recovery is driving global coal power generation to a record this year and overall coal demand to a potential all-time high as soon as 2022

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Eni signs agreement with Sonatrach in Algeria

Eni Sonatrach 16 DecEni has signed an agreement with Sonatrach to relaunch production in the Berkine basin and to accelerate decarbonisation initiatives, a move that is set to strengthen Eni's presence in Algeria

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Chariot commences drilling operations on Anchois gas development project

Morocco 15 DecAIM-listed Chariot, the Africa-focused transitional energy company, has announced that the Stena Don drilling rig has now arrived on location in the Lixus licence, offshore Morocco, to carry out drilling operations on the Anchois gas development project

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Savannah Energy signs SPA with ExxonMobil and PETRONAS for Chad and Cameroon

Savannah EnergySavannah Energy has signed a share purchase agreement (SPA) with ExxonMobil Corporation, ExxonMobil International Holdings and Esso Exploration Holdings and has separately signed an SPA with PETRONAS (E&P) Overseas Ventures for the purchase of each of their entire upstream and midstream asset portfolios in Chad and Cameroon

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