BOTSWANA: Tlou Energy Provides Update on Funding for Development of the Lesedi power project

Key points ·    Funding discussions have progressed with a key funding partner ·    10MW tender consultations have commenced  Tlou Energy has been working with a number of parties to secure funding for the … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

NAMIBIA: ReconAfrica Commences Drilling Operations in the Kavango Sedimentary Basin

ReconAfrica has commenced drilling operations on the first well (6-2), of an initial three well program to evaluate potential hydrocarbon systems in one of five major sub-basins of the larger, … Read More

UGANDA/ TANZANIA: East African Crude Oil Pipeline Construction to Commence in 3 Weeks

Construction of the World’s longest heated crude oil pipeline the East African Crude Oil Pipeline (EACOP) is set to begin in the second week of March according to Uganda’s Foreign … Read More

MOZAMBIQUE: Total Updates Business Opportunities for Local Companies

The Total-led Mozambique LNG project held last week an online seminar to update local companies on business opportunities for the year and share other information relevant to companies seeking to do business … Read More

3D at Depth Launches Worldwide Offshore Geophysical Survey Services Business

  3D at Depth Inc., the world’s expert in commercial Subsea LiDAR (SL) laser technology, and leading provider of underwater survey services and 3D data solutions, today announces the launch … Read More

NAMIBIA: Eco Atlantic Reissued With Four Licenses in Walvis Basin for 10 years

Eco Atlantic Oil and Gas has announced the Company has successfully negotiated the reissuance of its four licenses in Namibia’s Walvis Basin for 10 years, which received final Government confirmation on … Read More

Panoro Energy Provides 2020 Y/E Operational Update

Operational Highlights Annual group production net to Panoro of 0.81 MMbbls with average daily rate of approximately 2,200 bopd. Average production of approximately 2,350 bopd for Q4 2020 due to … Read More