Africa's Oil, Gas and Energy News.
Sasol Limited (Sasol) and the Industrial Development Corporation of South Africa Limited (IDC) have concluded a memorandum of cooperation (MOC) to jointly develop and shape an enabling environment to advance … Read More
iGAS, a subsidiary of the Central Energy Fund (CEF), in partnership with Companhia Mocambiçana de Gasoduto (CMG), a subsidiary of the Empresa Nacional de Hidrocarbonetos, EP (ENH), today announced that … Read More
Sasol South Africa (SSA), a major subsidiary of Sasol, has concluded a sale and purchase agreement (SPA), to sell a 30% equity interest in the Republic of Mozambique Pipeline Company … Read More
By Charnè Hundermark As one of leading resource-rich countries in sub-Saharan Africa, Mozambique has the potential to not only significantly advance its own socioeconomic status, but also dramatically boost economic … Read More
Key Highlights Nearly doubles VAALCO’s total net production and reserves; Expected to be immediately accretive to VAALCO, with minimal additional variable costs; Anticipated to materially increase free cash flow in 2021 … Read More
Sasol has approved the final investment decision (FID) on the Production Sharing Agreement (PSA). This project will entail Mozambique incountry monetisation of gas through a 450-megawatt gas-fired power plant Central … Read More
VAALCO Energy has entered into crude oil commodity swap agreements for a total of 709,262 barrels at a Dated Brent weighted average price of $53.10 per barrel for the period … Read More
VAALCO Energy has announced that, in connection with VAALCO’s previously announced acquisition from Sasol Gabon S.A. of Sasol’s 27.8% working interest in the Etame Marin block offshore Gabon, the other … Read More
Highlights • Acquiring an additional 27.8% working interest in the Etame Marin block offshore Gabon, increasing VAALCO’s total working interest to 58.8%; • Nearly doubles VAALCO’s total net production and … Read More
Sasol is committed to reducing its overall impact on the environment and is developing and implementing on our climate change mitigation response to enable long-term resilience of the company through … Read More
