SOUTH AFRICA: Eco Atlantics Acquires Block 1’s substantial volume of 3D and 2D legacy data from PASA

Data Acquisition and Subsurface Intelligence Eco has now completed the acquisition of Block 1’s substantial volume of 3D and 2D legacy data from the Petroleum Agency South Africa (PASA) This … Read More

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) … Read More

NAMIBIA: Rhino Resources Strikes Oil at the Offshore Capricornus 1-X well

Rhino Resources on behalf of PEL85 JV reports it has been ‘successful’ in its operated drilling campaign on Block 2914, offshore Orange Basin, Namibia where it was drilling its second … Read More