Browsing Tag
BW Energy
5 posts
Borr Drilling rig sinks off Gabon, killing Indian worker as four remain missing
Borr Drilling's Prospector 5 jack-up rig has sunk off Gabon after an apparent seabed stability failure, killing an Indian worker and leaving four people missing. Production at the nearby Dussafu project has been halted.
October 25, 2026
ReconAfrica (TSXV: RECO) secures C$15m bought deal after KW1X shares rally 12%
ReconAfrica has secured a C$15 million bought-deal financing to fund the next horizontal production test at its Kavango West discovery in Namibia. The placement arrives after RECO rallied 12.3% on September 1 and prices the new units at C$0.73, approximately 11% below the pre-financing close.
September 2, 2026
ReconAfrica’s Naingopo well signals major oil discovery in Namibia’s Damara Fold Belt
Reconnaissance Energy Africa Ltd. (ReconAfrica) has reported a significant milestone in Namibia’s oil exploration sector with the results…
February 2, 2025
ReconAfrica finalises sale of 20% Namibia oil licence stake to BW Energy in $141m deal
Reconnaissance Energy Africa (ReconAfrica) has officially completed the sale of a 20% working interest in Petroleum Exploration Licence…
January 31, 2025
Tortue field phase 2 : BW Energy wraps up drilling of second production well
Tortue Phase 2 development : BW Energy, a subsidiary of Norwegian FPSO operator BW Offshore, has completed drilling…
January 22, 2020