MOZAMBIQUE: Globeleq, EDM and Sasol, Announces Financial Close of the Central Termica de Temane Power Project

Debt financing of the US$652.3 million project is being provided by IFC, together with its “B” loan participants FMO and Emerging Africa Infrastructure Fund (together US$253.5 million), US International Development … Read More

ZIMBABWE: Cluff Energy Acquires 25% Interest in Cabora Bassa Project

Invictus Energy has announced that it has executed a farm-in option agreement with Cluff Energy Africa Limited (CEA) for a 2 well exploration drilling campaign in the Cabora Bassa Project. … Read More

ANGOLA: Eni Announces FID on SOLENOVA’s Caraculo Photovoltaic Project

SOLENOVA, an Eni-Sonangol JV aimed at developing renewable energy projects, has reached the Final Investment Decision (FID) and the signing of the Engineering, Procurement and Construction (EPC) contract for the … Read More

ANGOLA: Chevron Secures Renewal of Block 0 Concession through to 2050

Chevron’s affiliate in Angola, Cabinda Gulf Oil Company Limited (CABGOC) announced today the successful extension of the Block 0 concession, off the coast of Cabinda province, in Angola. The agreement … Read More

SOUTH AFRICA: DNG Energy Ushers in a New Era for Energy Sector with the Commercial Launch of LNG Products

100% black-owned energy infrastructure company, DNG Energy has announced that it is commencing the delivery of liquefied natural gas (LNG) to commercial customers in the industrial, transport, marine and power … Read More

SOUTH AFRICA: Energy Lobby African Supports Shell’s Court Case Victory to Conduct Offshore Seismic Surveys

The African Energy Chamber has lauded the South African High Court’s decision to allow multinational oil and gas company Shell to conduct seismic surveys offshore South Africa. Following an 11th … Read More

NAMIBIA: Why PanContinental’s Hopes Linger on Venus -1, Graff-1 Drilling Results

French major TotalEnergies has commenced drilling its ultra-deep Venus-1 well in the Orange Basin offshore Namibia On-trend, Pancontinental has mapped the very large Saturn turbidite complex in PEL 87. Saturn is geologically similar to Total’s Venus Prospect Venus and Saturn overlie the same high-quality mature Oil Source Rock, and both lie immediately … Read More