NAMIBIA: TotalEnergies expands its exploration portfolio as operator of PEL104 license

TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas. Upon completion of the … Read More

TotalEnergies, Galp Reinforce their Long-Term Commitment to Namibia in High‑Level Presidential Meeting

Patrick Pouyanné, Chairman and CEO of TotalEnergies and Paula Amorim, Chairman of Galp, held a joint meeting today with the President of the Republic of Namibia, Netumbo Nandi-Ndaitwah, to reiterate … Read More

High-impact Wells: Africa Will Continue to Drive Global Drilling Activity in 2026

The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for … Read More

Invictus Energy Terminates Subscription Agreement with Al Mansour Holdings

Invictus Energy Ltd has announced the termination of its Subscription Agreement with Al Mansour Holdings (AMH), bringing to an end discussions relating to the previously disclosed strategic investment and joint … Read More

ReconAfrica Raises Funds to Advance Multi-Zone Production Testing, Appraisal Drilling in Namibia & Advance Activities at Ngulu Block

ReconAfrica is now funded in its plans to expedite activity across its portfolio following the completion its previously announced underwritten, listed issuer financing exemption offering. The offering which raised aggregate … Read More

Panoro Energy Provides Operations Update for Equatorial Guinea, Gabon & Tunisia

Equatorial Guinea Gabon Tunisia – TPS Assets Julien Balkany, Executive Chairman of Panoro, commented: “Our average net production was 10,263 bopd for the full year, and is a new record high for … Read More