PetroGulf Smashes 40-Year Production Record With 56% Output Surge in Gulf of Suez

PetroGulf Smashes 40-Year Production Record With 56% Output Surge in Gulf of Suez   PetroGulf, a subsidiary of Ganoub El Wadi Petroleum Holding Company (Ganope), has raised oil production from its Gulf of Suez fields to the highest level since the company’s founding in 1982, delivering a striking turnaround that underscores Egypt’s drive to maximise […]

Egypt Turns to Early Production Facilities to Squeeze More Oil From Ageing Fields

Egypt Turns to Early Production Facilities to Squeeze More Oil From Ageing Fields   Egypt’s Petroleum and Mineral Resources Minister Karim Badawi has directed state-owned service company Tanmia Petroleum to step up its deployment of Early Production Facilities (EPFs), with the goal of accelerating well additions to the national production map and revitalising mature oil […]

Chevron Doubles Down on Namibia With Second Orange Basin Drill Slated for Late 2026

Chevron Doubles Down on Namibia With Second Orange Basin Drill Slated for Late 2026   Chevron has confirmed it will drill a second exploration well on Namibia’s Orange Basin acreage, signalling renewed confidence in one of Africa’s most watched frontier basins — and delivering a significant boost to Namibia’s ambitions as an emerging deepwater oil […]

Gabon Strikes Black Gold Again: Assala Achieves First Oil at Grand N’Gongui Field

Gabon Strikes Black Gold Again: Assala Achieves First Oil at Grand N’Gongui Field   Assala Gabon has achieved first oil at the Grand N’Gongui (GNG) field, delivering a major milestone for Gabon’s onshore energy sector after a multi-year appraisal campaign completed in 2025. The field, which targets reservoirs within the Gamba Formation, holds an estimated […]

Saudi Drilling Giant Lands $729 Million Nigeria Deal in Biggest West Africa Offshore Push Yet

Saudi Drilling Giant Lands $729 Million Nigeria Deal in Biggest West Africa Offshore Push Yet   ADES International Holding has secured a landmark multi-rig contract worth approximately SAR 2.73 billion (around $729 million) to provide jack-up drilling services offshore Nigeria, in one of the most significant offshore drilling awards the country has seen in years. […]