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SOUTH AFRICA: Total Assessing the Feasibility of an Early Production System in Block 11B/12B

Africa Energy has reported that the joint venture partners with Total as operator on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased … Read More

Africa Oil Announces 2020 Fourth Quarter Results

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

South Africa: Clarity on Petroleum Bill Needed to Drive Growth

By James Chester, Senior Director AOP A lot has changed in the past year. One thing that has remained constant is the state of stasis of South Africa’s new petroleum … Read More

SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license

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

Shell Ventures into Two Existing Blocks in South Africa

Impact Oil and Gas has entered into an agreement with BG International Limited, a wholly owned subsidiary of Royal Dutch Shell plc  for the farm-out of a 50% working interest … Read More

SOUTH AFRICA: Total Makes Gas Discovery on the Luiperd Prospect

Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. This … Read More

SOUTH AFRICA: Total Begins Drilling of Luiperd-1X Offshore Well in Block 11B/12B

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

SOUTH AFRICA: Africa Energy Increases Stake in Block 11B/12B

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

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