NAMIBIA: Independent 3rd Party Natural Gas Resource Report for the Damara Fold Belt, Kavango Basin Indicates Significant Upgrade in Prospective Resources to 22.4TCF

Reconnaissance Energy Africa has announced an updated prospective resource estimate supported by a Prospective Resource Report (dated June 22, 2023 with an effective date of March 31, 2023) focused solely on the new Damara … Read More

ANGOLA: Eni, Sonangol Expand Cooperation in Decarbonization & Sustainable Energy Transition Areas

The CEO of Eni Claudio Descalzi and Chairman of the Board of Directors of Sonangol Sebastião Pai Querido Gaspar Martins have signed today in Rome a Memorandum of Understanding (MOU) … Read More

NAMIBIA: Galp Energia Secures Contract for Semi-Submersible Rig Hercules

SFL Corporation has signed a contract with a subsidiary of Galp Energia for the harsh environment semi-submersible rig Hercules with an estimated contract value of approximately $50 million. The contract is for … Read More

ZIMBABWE: Presence of light Oil, Gas-Condensate & Helium Confirmed from Mukuyu-1

“Success at Mukuyu-2 and confirmation of a significant discovery will further unlock the value ofour material portfolio and basin master position in the Cabora Bassa Basin.” Result SummaryCompositional analysis has … Read More

Member Countries Asssured of the Protection of their Interest in the Africa Energy Bank – APPO

APPO’s Secretary General (SG), H.E. Dr Omar Farouk Ibrahim, has assured Member Countries of the protection of their interest in the Africa Energy Bank. Delivering a goodwill message at the … Read More