SOUTH AFRICA: BG New Operator at Transkei & Algoa after Farm-out Completion

Impact Oil & Gas has announced the completion of the previously announced farm-out transaction between its wholly-owned subsidiary, Impact Africa Limited, and BG International Limited, a wholly owned subsidiary of … Read More

SASOL, IDC Formalize Partnership to Co-develop South Africa’s Hydrogen Economy

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

SOUTH AFRICA: Qatar Petroleum Enters into 3 Offshore Exploration Blocks with TotalEnergies

Qatar Petroleum entered into agreements with TotalEnergies to acquire working interests in three offshore exploration blocks in South Africa. Under the terms of the agreements, which are subject to customary … Read More

iGAS, CMG Exercise Pre-Emptive Rights to Acquire 30% of SASOL Shares in the ROMPCO Pipeline

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

Africa Oil Provides the Receipt of Prime Dividend & Provides Positive Egina Operational Update

Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA as well as provided an update the markets on a significant … Read More

SOUTH AFRICA: Total Assessing the Feasibility of an Early Production System in Block 11B/12B

Africa Energy has reported that the joint venture partners with Total as operator on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased … Read More

Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

Magnora ASA Accelerates Growth with a Project Portfolio Pipeline of net 1 GW Potential Solar PV & Onshore Wind

Renewable energy development company Magnora ASA has entered into agreements to acquire 100 percent of the shares in a South African company with a 775 MW greenfield renewable development portfolio. … Read More

ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power

ACTING’s inaugural report offers most comprehensive resource on Sub-Saharan Africa’s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and … Read More