Shell Ventures into Two Existing Blocks in South Africa
Impact Oil and Gas has entered into an agreement with BG International Limited, a wholly owned subsidiary of Royal Dutch Shell plc for the farm-out of a 50% working interest … Read More
ANGOLA: PGS expands MegaSurvey in Lower Congo Basin
PGS and ANPG recently expanded the Angola MegaSurvey to include Block 16 PSTM GeoStreamer data, increasing 3D seismic data coverage over the prolific Lower Congo Basin. Block 16 and multiple … Read More
OPINION: Should countries fire sell their oil & gas assets?
By Dr. Victoria R. Nalule and Dr. Xiaoyi (Shawn) Mu of the CEPMLP, University of Dundee address the misconceptions surrounding the continued role of fossil fuels in the energy transition … Read More
NAMIBIA: Global Petroleum Provides Financing Update for PEL 0094
Corporate The Company has continued to focus on reducing its cost base to conserve cash resources. Together with the acquisition and interpretation of the historic 3D seismic data in PEL … Read More
MOROCCO: Chariot Oil & Gas Receives EOI from Africa Finance Corporation for Debt Finance for the Anchois Gas Discovery
Chariot Oil & Gas Limited has received a non-binding Expression of Interest Letter (EOI) from Africa Finance Corporation (“AFC”), a pan-African Multilateral Development Financial Institution, for the provision of development … Read More
BOTSWANA: Tlou Energy Provides Funding for Development of the Lesedi Power Project Update
Project Finance The Company is currently seeking funding for development of the Lesedi power project proposed to be developed in two phases. Phase one involves transmission line construction, transformers, grid … Read More
SOUTH AFRICA: Impact Acquires 100% Interest in Transkei & Algoa & Tugela South Exploration Rights
Impact Oil & Gas has announced that its wholly-owned subsidiary, Impact Africa Ltd, has received approval from the Government of South Africa to take forward the Transkei & Algoa Exploration … Read More
SOUTH AFRICA: Total Makes Gas Discovery on the Luiperd Prospect
Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. This … Read More
Africa Oil Receives Fifth Dividend From Its Nigerian Asset
Africa Oil has announced that it has received its fifth dividend from Prime Oil and Gas B.V. , a company that holds interests in deepwater Nigeria production and development assets. … Read More
EGYPT: BP Starts Gas Production from Qattameya field
BP has announced the start of gas production from its latest development offshore Egypt – the Qattameya gas field in the North Damietta offshore concession. Through bp’s joint venture, Pharaonic … Read More