bp acquires interest in three Namibian exploration blocks
bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas as part of bp’s strategy to grow its upstream … Read More
Tag: Eco Atlantic
SOUTH AFRICA: Eco Atlantic Completes Farm Down in Block 3B/4B to TotalEnergies & QatarEnergy
Eco (Atlantic) Oil & Gas has announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of South Africa and Transfer of Operatorship of the Block … Read More
SOUTH AFRICA/ NAMIBIA: Eco Atlantic Reports Transaction with Africa Oil Corp
Eco (Atlantic) Oil & Gas has announced it has signed an Assignment and Share Cancellation Agreement with Azinam Limited, Eco’s wholly owned subsidiary, Africa Oil Corp. pursuant to which Azinam has agreed to … Read More
SOUTH AFRICA: Eco Atlantic Awards EIA Contract Ahead of Proposed Offshore Exploration in Block 3B/4B Orange Basin
Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa . The Joint Venture (JV) … Read More
SOUTH AFRICA: Eco Atlantic Receives Government Approval & Closing of the Acquisition of Additional Interest in Block 3B/4B
Eco Atlantic announces an update, further to its announcement of 27 June 2022, in relation to the acquisition by its wholly owned subsidiary Azinam Limited (“Azinam“) of an additional 6.25% Participating Interest in Block 3B/4B, offshore South … Read More
SOUTH AFRICA: Offshore Gazania-1 Well Disappoints
Eco Atlantic has announced that the Gazania-1 well on Block 2B, offshore South Africa, which spudded on October 10, 2022, reached target depth of 2,360m but did not show evidence … Read More
SOUTH AFRICA: Eco Atlantic announces Commencement of Operations on the Gazania-1 well
Eco Atlantic has announced the arrival of the Island Innovator Semi-Submersible Drilling Rig on Block 2B and the commencement of operations of the Gazania-1 Exploration Well. Eco holds a 50% … Read More
SOUTH AFRICA: Eco Atlantic Commences Rig Mobilisation for Gazania-1
Eco (Atlantic) Oil & Gas has confirmed that the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilised on Friday 12th August 2022. The rig is … Read More
SOUTH AFRICA: Eco Atlantic Acquires Additional Interest in Block 3B/4B
Eco (Atlantic) Oil & Gas has signed a farm-out agreement pursuant to which its wholly-owned subsidiary, Azinam Limited, will acquire an additional 6.25% Participating Interest in Block 3B/4B, offshore South Africa … Read More
SOUTH AFRICA: Eco Atlantic to spud the Gazania-1 well this September
Eco (Atlantic) Oil & Gas through its wholly owned subsidiary Azinam South Africa Limited plans to spud the Gazania-1 well, 25km offshore the Northern Cape in South Africa in September 2022. The … Read More