SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license

Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second … Read More

ZIMBABWE: Invictus to Commence Field Operations & Completion of Placement with Strategic Investor

Seismic Acquisition & Drilling Plan Advancing The Company successfully concluded its recent field operations and reconnaissance program in the Cabora Basa Basin. Detailed traversing and mapping across the area has … Read More

The UK’s Decision to Halt Funding for New Oil & Gas Projects Ill-founded and Counter productive

The United Kingdom has recently declared that it will stop support and funding to any new oil, gas and coal projects on the 5th anniversary of the Paris Agreement. While this … Read More

Kosmos Energy Completes Farm Down of Exploration Assets to Shell

Kosmos Energy has announced that it has closed the previously announced transaction with B.V. Dordtsche Petroleum Maatschappij (Shell), a wholly-owned subsidiary of Royal Dutch Shell, to farm down interests in … Read More

ANGOLA: Norco Lands a New Maintenance Contract with Total E&P Angola

An established energy storage equipment manufacturer and service provider, Norco Group will support Uninterruptible Power Supply (UPS) systems and standby battery equipment on TEP Angola’s assets in offshore Block 17. This includes the Dalia, Girassol, Pazflor … Read More

Searcher announces 2D and 3D seismic project Offshore South Africa

Searcher has announced a new multi-client 2D and 3D seismic rectification project Offshore South Africa, in collaboration with the Petroleum Agency of South Africa. The South Africa seismic data covers … Read More

Shell Ventures into Two Existing Blocks in South Africa

Impact Oil and Gas has entered into an agreement with BG International Limited, a wholly owned subsidiary of Royal Dutch Shell plc  for the farm-out of a 50% working interest … Read More