NAMIBIA: Galp Energia Secures Contract for Semi-Submersible Rig Hercules

SFL Corporation has signed a contract with a subsidiary of Galp Energia for the harsh environment semi-submersible rig Hercules with an estimated contract value of approximately $50 million. The contract is for … 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: Africa Oil Announces New CPR for Prospective Resources in Block 3B/4B, Orange Basin

Highlights Africa Oil Chief Executive Officer, Keith Hill, commented on the statement of reserves: “Africa Oil is at the forefront of the exciting appraisal and exploration activities in the Orange Basin, … Read More

NAMIBIA: Shell Makes Oil Discovery in the Jonker-1X Deep-water Exploration Well

QatarEnergy announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia. The Jonker-1X well was drilled to a total depth of … Read More

Africa Oil Provides its Full-year 2022 Production Results

Full-year 2022 production rates are in line with the mid-point of 2022 Management Guidance range. Prime recorded an average daily working interest production of approximately 23,500 barrels of oil equivalent … Read More

NAMIBIA: Trago Energy, Sintana, Completes Transaction in Respect to Its Interests in PEL 90

Sintana Energy has announced that Trago Energy a Namibian affiliate of the Company, has completed a transaction with Chevron Namibia Exploration Limited, a wholly-owned subsidiary of Chevron, in respect of … 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 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