Africa's Oil, Gas and Energy News.
Panoro Energy has announced that it has received governmental approval and closed the previously announced farmout agreement on Block 2B offshore South Africa. John Hamilton, CEO Panoro, said: “Following our recently … Read More
Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More
Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second … Read More
Africa Oil has announced drill stem test results for the Luiperd-1X well, the second major discovery on Block 11B/12B offshore South Africa. The Company holds an indirect interest in the … Read More
Africa Oil Corp. has provided an update on Prime Oil & Gas B.V. Reserve Base Lending facility (RBL). Africa Oil has a 50% shareholding in Prime, a company with deepwater … Read More
Block 11B/12B JV partner Africa Energy has announced spud of the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa following the Brulpadda discovery in February 2019. Jan Maier, Africa Energy’s VP … Read More
Africa Energy has announced the signing of definitive agreements to increase its effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%. “Block 11B/12B offshore South Africa contains one of the most exciting oil … Read More
Mineral Resources and Energy Minister Gwede Mantashe has welcomed the arrival of the oil and gas drill rig – DeepSea Stavanger in Cape Town. The rig has been commissioned by … Read More
Odfjell drilling has reported that from 19 May 2020, the Deepsea Stavanger started its mobilization to South Africa for the Luiperd prospect under the Total contract in offshore Block 11B/12B … Read More
As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum, which will take place on 24th and 25th May in London, brings … Read More
