Africa's Oil, Gas and Energy News.
French major TotalEnergies has commenced drilling its ultra-deep Venus-1 well in the Orange Basin offshore Namibia On-trend, Pancontinental has mapped the very large Saturn turbidite complex in PEL 87. Saturn is geologically similar to Total’s Venus Prospect Venus and Saturn overlie the same high-quality mature Oil Source Rock, and both lie immediately … Read More
Block 2913B JV partner Impact Oil & Gas Limited has announced the spud of the Venus-1X offshore exploration well in Namibia Block 2913B (PEL 56). The well is being drilled … Read More
Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 … Read More
Reconnaissance Energy Africa has provided initial results from the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia. As reported on October 21, 2021, 450 linear … Read More
Eco Atlantic has completed drafting the four new Joint Operating Agreements (‘JOA’s’) for its new Petroleum Licenses offshore Namibia. We have received all paying partner approvals on the JOA’s and … Read More
BW Energy is progressing a revised development plan for the Kudu gas field offshore Namibia. The new development plan for the gas to power project will use a repurposed semisubmersible … Read More
Reconnaissance Energy Africa and its joint venture partner NAMCOR have announced the completion of the first seismic acquisition program ever conducted in the Kavango Basin, in northeast Namibia. The seismic … Read More
Global Resources has announced that the updated PEL0094 Prospective Resources (best estimate) has increased threefold increase compared with the previous estimate, and confirmed the Company’s view that the acreage is … Read More
Reconnaissance Energy (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia) have announced the Ministry of Mines and Energy has granted approval of a one year … Read More
Reconnaissance Energy Africa says it has received and reviewed a report issued by Viceroy Research which it terms as a stock-market short-seller, about the Company’s exploratory drilling program in Namibia. … Read More
