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 NJ Ayuk, Executive Chairman, African Energy Chamber Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and 2.2 trillion … Read More
Saipem has been awarded three new contracts by TotalEnergies EP Angola Block 20, a subsidiary of TotalEnergies, for the Kaminho project relating to the development of Cameia and Golfinho oil … Read More
88 Energy has announced the awarding of the 2D seismic data acquisition program for PEL 93 to Polaris. This program is set to acquire a minimum of ~200-line km of low-impact 2D seismic. 88 … Read More
Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement. The agreement will grant Azule a 42.5% interest in Block 2914A located in the offshore Namibian Orange … Read More
Yinson Production has announced the successful closing of the limited recourse term loan facility of up to USD 1.3 billion for the pre- and post-delivery financing of the Agogo FPSO. … Read More
88 Energy Limitedhas advised that it has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.23 million) before costs. Placement proceeds … Read More
Further to previous updates provided during Q1 2024, Galp (the license operator with an 80% interest) together with its partners NAMCOR and Custos, has successfully completed the first phase of the Mopane exploration … Read More
Testing of the TO-14 well continues following significant weather and equipment related delays earlier in the year. Reactivation of the fractured carbonate reservoir has been challenging, however there is continued … Read More
Galp together with its partners NAMCOR and Custos, has successfully drilled the Mopane-2X well to its designed depth, in block PEL83. Drilling encountered a significant column with light oil in reservoirs of high quality. The AVO-3 exploration … Read More
REPORT HIGHLIGHTS(1) Brian Reinsborough, President and CEO commented: “Since assuming the role of CEO in Augustof last year, I have assembled a team of experienced explorationists, led by Chris Sembritzky,Senior … Read More
