NAMIBIA: Naingopo Exploration Well Proceeding as per Plan – ReconAfrica

HIGHLIGHTS Brian Reinsborough, President and CEO of the Company stated: “Over the past few months we have improved the Company’s balance sheet which enables us to execute our planned multi-well … Read More

United States & Ghana Nuclear Firms Sign Landmark Commercial Agreement for Small Modular Reactor Project

At the U.S.-Africa Nuclear Energy Summit in Nairobi, Under Secretary of State for Arms Control and International Security Bonnie Jenkins, joined by U.S. Department of Energy Deputy Assistant Secretary Aleshia … Read More

SOUTH AFRICA: Eco Atlantic Completes Farm Down in Block 3B/4B to TotalEnergies & QatarEnergy

Eco (Atlantic) Oil & Gas has announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of South Africa and Transfer of Operatorship of the Block … Read More

EGYPT: Egyptian Natural Gas Holding Company Launches New Bid Round For Natural Gas Exploration at 12 Blocks in the Mediterranean & Nile Delta

The Ministry of Petroleum and Mineral Resources announced that the Egyptian Natural Gas Holding Company (EGAS) has launched a new international 2024 bid round for the exploration and exploitation of … Read More

African Energy Chamber (AEC) Endorses Oando’s $783M Acquisition of Nigerian Agip Oil Company

Nigerian energy company Oando PLC has successfully completed its acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from Italian multinational Eni. As the voice … Read More

NIGERIA: Africa Finance Corporation (AFC) Supports Africa’s Largest Methanol Plant, Transforming Flared Gas into Valuable Resource

Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas … Read More