UGANDA & TANZANIA: TotalEnergies Entrusts Lionel Zinsou with a Mission to Assess the Land Acquisition

Patrick Pouyanné, Chairman and CEO of TotalEnergies, has entrusted Lionel Zinsou, a recognized expert in African economic development, with a mission to assess the land acquisition program carried out in … Read More

NAMIBIA: Sintana Energy Receives Petroleum Exploration License 87 Extension Approval

Sintana Energy has provided the following update on several matters including a recently approved extension to Petroleum Exploration License 87 (PEL 87), a year-end review and 2023 outlook. “2022 was … Read More

NAMIBIA: Why PanContinental’s Hopes Linger on Venus -1, Graff-1 Drilling Results

French major TotalEnergies has commenced drilling its ultra-deep Venus-1 well in the Orange Basin offshore Namibia On-trend, Pancontinental has mapped the very large Saturn turbidite complex in PEL 87. Saturn is geologically similar to Total’s Venus Prospect Venus and Saturn overlie the same high-quality mature Oil Source Rock, and both lie immediately … Read More

KENYA: KJV Seek Higher Crude Oil Production for Faster Capital Returns

The Kenya Joint Venture comprising of Tullow Oil, Total and Africa Oil seeks to increase the amount of oil produced per day in a “newly redesigned and optimized” plan in … Read More

NAMIBIA: Global Petroleum Raises £1 million to Fund PEL94 Licence Commitments

Global Petroleum has announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. … Read More

NAMIBIA: Opportunities and Risks of Becoming an International Oil and Gas Player

Historically overlooked by independent oil companies (IOCs) and considered something of an oil and gas frontier state, Namibia is establishing itself more prominently on the international oil and gas map. … Read More