SOUTH AFRICA: Magnora Acquires Project Rights of more than 1700 MW Wind and Solar PV projects

Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV … Read More

Kibo Energy inks 10-Year Clean Energy Power Purchase Agreement on Waste to Energy Project

Kibo Energy has announced that it has entered into a 10-year take-or-pay conditional Power Purchase Agreement (`PPA’) to generate baseload electricity from a 2.7 MW plastic-to-syngas power plant. The plant … Read More

ANGOLA: Afentra confirms Negotiations with Sonangol to Purchase Interests in Block 3/05 & Block 23

Afentra has confirmed that negotiations with Sonangol E.P to purchase interests in Block 3/05 and Block 23 in Angola have continued into the new year following the announcement on 8 … 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

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

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