Africa's Oil, Gas and Energy News.
Namibia has made significant progress through project announcements, the signing of deals and adjusted policies to kickstart a green hydrogen boom both domestically and across the southern African region. Rich … Read More
Eco (Atlantic) Oil & Gas has confirmed that it and Azinam Holdings Limited have now received final approval from the TSX Venture Exchange for Eco’s acquisition (through a wholly-owned subsidiary) of Azinam … Read More
Eco (Atlantic) Oil & Gas has announced the publication of an updated NI 51-101 compliant Competent Person’s Report on its assets Offshore Namibia and Offshore South Africa. The CPR was … Read More
Eco (Atlantic) Oil & Gas Ltd. has confirmed that it and Azinam Group Holdings (Azinam) have completed all conditions required to be completed in order to close Eco’s acquisition of … Read More
NAMCOR Exploration and Production (NAMCOR E&P), a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR) has signed a Cooperation Agreement with QatarEnergy. The agreement provides the framework for cooperation … Read More
Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More
TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More
Reconnaissance Energy Africa has announced it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia (NAMCOR) to acquire half of NAMCOR’s 10% carried … Read More
The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B.V. and Qatar Energy – have announced the discovery of sizeable quantities of light oil in both … Read More
2022 Outlook Group working interest oil production guidance is 55 to 61 kboepd. This forecast is based on Tullow’s existing equity interests in TEN (47.175%) and Jubilee (35.48%) and will … Read More
