NAMIBIA: Sintana Energy Provides Indirect Interest in PEL 37 in the Walvis Basin

Sintana Energy has announce that it has entered into a Letter of Intent providing for a period of exclusivity in relation to an investment providing for an indirect interest in … Read More

NAMIBIA: Chevron Farms Into PEL 82 Signaling Growing IOCs Interest in African Energy

Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed … Read More

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