Africa's Oil, Gas and Energy News.
Southern Africa, southernmost region of the African continent, comprising the countries of Angola, Botswana,Lesotho,Madagascar, Malawi, Mozambique, Namibia,South Africa, Swaziland, Zambia, and Zimbabwe.
African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.The strategic financing will support … Read More
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 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
Pancontinental Energy has provided an update in relation to its PEL 87 project, offshore Namibia following the submission an application to the Namibian Ministry of Industry, Mines and Energy (MIME) … Read More
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
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
Sintana Energy has announce that it has entered into a Letter of Intent providing for a period of exclusivity in relation to an investment providing for an indirect interest in … Read More
Afentra has announced the completion of an independent audit by Sproule ERCE of its contingent resource base across Blocks 3/05 and 3/05A discoveries and the completion of the Company’s initial … Read More
Chevron’s South N’dola Platform in Angola delivered first oil in December. The milestone came just over two years after construction on the platform began. The South N’dola Platform is in … Read More
Brian Reinsborough, President & CEO, commented: “We have had an active and productive 2025 in which we advanced the Company on multiple strategic fronts. We completed drilling our second well in … Read More
