EGYPT: Wintershall Dea Divests its interest in the Gulf of Suez Concession

As of 1st January 2022, after 38 years of economic and efficient production from the Gulf of Suez, Wintershall Dea is closing this chapter of its long oil production history … Read More

SOUTH AFRICA: Eco Atlantic Signs Definitive Share Purchase Agreement with Azinam

Further to the announcement on 10 January 2022, Eco (Atlantic) Oil & Gas Ltd. has confirmed that it has signed a definitive Share Purchase Agreement (SPA) to acquire 100% of … Read More

East Africa to Witness Increased Upstream Activity in 2022

The three countries Kenya, Uganda and Tanzania could see investments of over $13 billion in the upstream sector from ongoing exploration and entry in the development stage. This is according … Read More

NAMIBIA: Shell’s Sizeable Oil Discovery Means Huge Opportunity For Economic Growth

The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B.V. and Qatar Energy – have announced the discovery of sizeable quantities of light oil in both … Read More

Wildcat Petroleum Announces Appointment of Africa-focused Upstream Oil & Gas Consultancy

Wildcat Petroleum a company targeting investment opportunities in business and assets within the upstream sector of the petroleum industryhas announced the appointment of PETRO-TEC (PT) as petroleum consultants. PT is … Read More

NAMIBIA: Shell Strikes Oil at Graff-1 Deepwater Wildcat

The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company, and its partners, Shell Namibia Upstream B.V and Qatar Energy, are pleased to announce that the Graff-1 deep-water … Read More