Namibia, QatarEnergy Agree to Support & Develop a Sustainable Upstream Oil and Gas Sector

NAMCOR Exploration and Production (NAMCOR E&P), a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR) has signed a Cooperation Agreement with QatarEnergy. The agreement provides the framework for cooperation … Read More

SOUTH AFRICA: Eco Atlantic Signs Rig Contract for Block 2B

Eco (Atlantic) Oil & Gas has announced that the Joint Venture partnership of Block 2B, offshore South Africa, has entered into a drilling contract for the Island Innovator semi-submersible rig with … Read More

Mozambique, Eni Sign Agreement on Joint Initiatives to Produce Agro-feedstock for Biofuels

Eni and the Ministry of Agriculture and Rural Development of the Republic of Mozambique (MADER) signed today an agreement for the cooperation and development of agricultural projects in Mozambique, aimed … Read More

ANGOLA: Eni achieves start-up from Ndungu EP development project in the Western area of Block 15/06

Eni started production from Ndungu Early Production (EP) development project, in Block 15/06 of the Angolan deep offshore, via the Ngoma Floating Production Storage and Offloading (FPSO) vessel. The start-up … Read More

NAMIBIA: TotalEnergies Makes a Significant Discovery at the Venus Prospect

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More

Angola´s Oil and Gas Sector is Ripe for New Investments

By Verner Ayukegba, Senior Vice-President of the African Energy Chamber Angola is sub-Saharan Africa´s second-largest oil and gas producer with a current production capacity of about 1.1 million barrels of … Read More

SOUTH AFRICA: Redstone Concentrated Solar Power (CSP) Achieves First Debt Draw Down

Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger and Coordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR … Read More