NAMIBIA: Grand Gulf Energy Executes Option Agreement for a 70% working interest in Block 2312

Grand Gulf Energy Limited (Grand Gulf or the Company) has announce that it has entered into a binding Option Agreement (Agreement), providing Grand Gulf with an exclusive option to acquire … Read More

NAMIBIA: Woodside Elects not to Exercise its Farm-in Option in PEL 87

Pancontinental Energy has received notification from Woodside Energy that Woodside has elected not to exercise its option to farm-in to the PEL 87 project. This notice has been received in … Read More

NAMIBIA: Reconnaissance Energy Africa Provides Drilling update on Prospect I

Reconnaissance Energy Africa Ltd announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (PEL73) and is the Company’s largest prospect to be drilled … Read More

Angola: SPIE Awarded General Maintenance Contract with Sonangol Exploração & Produção for the Block 3/05 Oil Complex

SPIE Global Services Energy, a subsidiary of SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has announced the signing of a five-year contract with Sonangol Exploração … Read More

NAMIBIA: Rhino Resources Completes the Sagittarius-1x well in the Orange Basin, PEL85

Rhino Resources has announced that it has completed the Sagittarius-1x well in the Orange Basin, PEL85 offshore Namibia. Commenting on the initial well results, Rhino’s CEO Travis Smithard said:“We are … Read More

ZIMBABWE: Invictus Energy Recieves Pilot gas production ESIA Approval for Cabora Bassa

Invictus Energy announceS that the Zimbabwe Environmental Management Agency (EMA) has approved the Environmental Social Impact Assessment (ESIA) for pilot production activities at the Cabora Bassa Project.Pilot production activities include … Read More

NAMIBIA: Chevron Farms Into PEL 82 Signaling Growing IOCs Interest in African Energy

Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed … Read More