Africa's Oil, Gas and Energy News.
NAMCOR Exploration and Production (NAMCOR E&P), a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR) has signed a Cooperation Agreement with QatarEnergy. The agreement provides the framework for cooperation … Read More
Highlights Record full-year net income of $190.7 million or $0.40 per share. Cash balance at December 31, 2021 of $58.9 million. Our corporate facility has been fully repaid and $100m of the facility remains available for general corporate purposes … Read More
TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More
Reconnaissance Energy Africa has announced it has entered into a Letter of Intent with its partner, the National Petroleum Company of Namibia (NAMCOR) to acquire half of NAMCOR’s 10% carried … Read More
The National Petroleum Corporation of Namibia (NAMCOR) – alongside partners Shell Namibia Upstream B.V. and Qatar Energy – have announced the discovery of sizeable quantities of light oil in both … Read More
2022 Outlook Group working interest oil production guidance is 55 to 61 kboepd. This forecast is based on Tullow’s existing equity interests in TEN (47.175%) and Jubilee (35.48%) and will … Read More
Monitor Exploration has announced it closed 2021 by commencing the Environmental Impact Assessment (EIA) and Environmental Management Plan (EMP), engaging Risk-Based Solutions (RBS) of Dr. Sindila Mwiya and his team. Upon completion, Monitor … Read More
Oil major Shell which is currently drilling the Graff-1 well is rumored to have struck light oil in the upper level of the cratecous reservoir although it it is yet … Read More
The 4th edition of the Namibia’s International Energy Conference will be held from 20th – 22nd April 2022 in Windhoek, Namibia, organized by Rich Africa Consultancy. It is going to be the official meeting … Read More
Highlights · Acquisition of a material offshore petroleum exploration asset base in Namibia and South Africa · Consideration in the form of new common shares to Azinam Holdings Limited who will own 16.65% of the … Read More
