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.
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
Korhaan-3: The TD of the Production Section was called at 449m after encountering tight formations. Gas was detected early at around 177m but showed strongly from 265m downwards, going off the scale of … Read More
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
HIGHLIGHTS • Rig being contract finalised, mobilisation to commence in May • 2 Well Exploration Program Expected to Commence June • Muzarabani-1 well confirmed • Planning of 2nd exploration well … Read More
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 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
Invictus has announced that Baker Hughes has been awarded the integrated well services contract for drilling of the Muzabarani-1 well in the Cabora Bassa basin following the completion of the … Read More
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
Reconnaissance Energy Africa has announced it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia (NAMCOR) to acquire half of NAMCOR’s 10% carried … Read More
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
