SOUTH AFRICA: Eco Atlantic Receives Government Approval & Closing of the Acquisition of Additional Interest in Block 3B/4B

Eco Atlantic  announces an update, further to its announcement of 27 June 2022, in relation to the acquisition by its wholly owned subsidiary Azinam Limited (“Azinam“) of an additional 6.25% Participating Interest in Block 3B/4B, offshore South … Read More

SOUTH AFRICA: AMEA Power Awarded the Doornhoek PV 120MW Solar Project

AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced today that it has been awarded a 120MW solar photovoltaic (PV) project in South Africa … 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

Scatec signs Power Purchase Agreements under South Africa’s RMIPPPP

Scatec ASA has signed the power purchase agreements for the three Kenhardt projects in the Northern Cape Province of South Africa, under the Risk Mitigation Independent Power Producer Procurement Programme … Read More

Panoro Energy Provides 2022 Operations Update

Equatorial Guinea (Panoro: 14.25%) Q1 2022 working interest production averaged approximately 4,968 bopd (gross production 34,866 bopd) Operator Trident Energy is undertaking a workover programme at the Okume Complex and … Read More

SOUTH AFRICA: Eco Atlantic Deposits $20M as Capex for the Gazania-1 well on Block 2B

Africa Energy Corp. has reported that Eco (Atlantic) Oil & Gas Ltd. has deposited approximately US$20 million in escrow to support its capital expenditure requirements for the Gazania-1 well on Block 2B offshore South … Read More