MOZAMBIQUE: Aiteo Eastern E&P, PETROMOC, Enter MoU to Build a new Refinery

Nigerian energy firm Aiteo Eastern E&P Company Limited has entered into a partnership with Mozambique’s national oil company, PETROMOC, to build a new refinery. According to local media reports, the … Read More

SOUTH AFRICA: Eco Atlantics Acquires Block 1’s substantial volume of 3D and 2D legacy data from PASA

Data Acquisition and Subsurface Intelligence Eco has now completed the acquisition of Block 1’s substantial volume of 3D and 2D legacy data from the Petroleum Agency South Africa (PASA) This … Read More

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) … Read More

ANPG, ReconAfrica Join Forces to Assess the Hydrocarbon Potential of the Etosha-Okavango Basin

The National Agency for Petroleum, Gas and Biofuels (ANPG), the Angolan National Concessionaire for the oil sector in the Upstream segment, signed today, Thursday, 17, a Memorandum of Understanding with … Read More

ZIMBABWE: Invictus Energy Selects Musuma-1 High-impact Well Location Set to Spud in H2 2025

Invictus Energy has provided an update on the Musuma-1 well location following a highly productive in-country visit by the Invictus Energy Board of Directors. Musuma-1 has been confirmed as the … Read More

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