Africa's Oil, Gas and Energy News.
HIGHLIGHTS Pancontinental Energy has provided the following project update regarding the Company’s PEL 87 exploration permit, offshore Namibia. PEL 87 3D Seismic Survey The 6,872 km 2 PEL 87 3D survey is being acquired by Petroleum Geo-Services’ Ramform Titan survey vessel, providing extremely high efficiency data acquisition … Read More
Panoro Energy has announced that it has entered into a definitive agreement with Beender Tunisia Petroleum Limited to acquire its 40 percent shareholding in Sfax Petroleum Corporation AS for a … Read More
Aker Capital AS, 100 percent owned by Aker ASA, and The Resource Group TRG AS (TRG) have agreed to sell their shares in Aker Energy to AFC Equity Investment, a company owned by Africa Finance Corporation (AFC). … Read More
Tlou Energy has announced that work has begun on the next phase of drilling at the Company’s Lesedi Gas-to-Power project. The Lesedi 6 gas production pod spudded on 10 April 2023 and is at a depth of approx. 59m. The pod will comprise one … Read More
Q1 2023 Unaudited Financial Highlights Cameroon UpdateSavannah acquired an effective 41.06% indirect equity interest in the Cameroon Oil TransportationCompany (COTCo) from ExxonMobil on 9 December 2022. COTCo owns and operates … Read More
PetroNor E&P has announced a net average production of 5,206 bopd1 in the first quarter of 2023, representing an 11 per cent increase compared with 4,688 bopd in the previous … Read More
BW Energy is pleased to announce that first oil from the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon has been safely achieved. Production performance from … Read More
The FPSO Firenze will allow production start-up of the Baleine field, which is the largest hydrocarbon discovery in Côte d’Ivoire. Eni, in partnership with PetroCi, celebrated the sail away of the FPSO … Read More
Invictus Energy has announced a private Placement to raise $10.0m, at $0.12 per share, following the Company’s decision to advance preparations for an appraisal and exploration campaign in Zimbabwe’s Cabora … Read More
The Industrial Development Corporation of South Africa (IDC) a wholly owned subsidiary of the South African government mandated to promote economic growth and industrial development in South Africa has advanced … Read More
