Browsing: National Oil Corporation (NOC)

• Behind every discovery in the African energy industry, final investment decision (FID), and first oil announcement in our continent are companies of all sizes.
• Collectively, these companies are validating the long-held assertion by the Africa Energy Chamber (AEC) that the African continent represents the next frontier for energy exploration and production.
• Where international corporate divestment from Africa’s oil industry is occurring, smaller players are taking up the slack.

Behind every discovery, final investment decision (FID), and first oil announcement in our continent are companies of all sizes, advancing our energy industry and bringing Africans closer to realizing the energy security and prosperity their petroleum resources represent.

Collectively, these companies are validating the long-held assertion by the Africa Energy Chamber (AEC) that the African continent represents the next frontier for energy exploration and production.

Despite concerns over corporate divestment from the African oil and gas sector in recent years — moves …

NOCK completed a Magnetotelluric (MT) exercise on the Magadi sub-basin at the end of the previous year, intending to gather data as the company strives to improve the quality of its data on the block to assist in the identification of drill-able prospects within the block.

The exercise was designed to gather more data because the Corporation wants to help identify drill-able prospects within the block. The Corporation is currently conducting a number of further studies for the purpose of data collecting, which will assist in marketing the block to prospective farm-in partners.

As a result of the completion of the initiatives, the Corporation’s connection with the communities that live within the block has significantly improved.…