Africa's Oil, Gas and Energy News.
Eco (Atlantic) Oil & Gas has announced it has signed an Assignment and Share Cancellation Agreement with Azinam Limited, Eco’s wholly owned subsidiary, Africa Oil Corp. pursuant to which Azinam has agreed to … Read More
Global Petroleum has raised £253,000 in aggregate before costs through a Placing of 421,666,666 Ordinary Shares. Daniel Page, Executive Chairman of Global Petroleum commented:“The primary purpose of the Fundraise is … Read More
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
Global is pleased to announce that it has agreed with Searcher Geodata UK Ltd , to sponsor an Environmental Impact Assessment (EIA) to be managed by Searcher, ahead of a … Read More
Pancontinental Energy’s 66.67% subsidiary, Pancontinental Namibia, has decided to withdraw from the process of seeking an extension to the original PEL 37 Licence offshore Namibia. Pancontinental has held the licence since 28th March 2011. Since the withdrawal of farminee … Read More
On 25 April 2022 the Company announced that that the Namibian authorities had granted a one year extension to the Initial Exploration Period of PEL 94 until September 2023, also … Read More
The National Petroleum Corporation of Namibia (NAMCOR), the Namibian state-owned oil company, and its partners, Shell Namibia Upstream B.V and Qatar Energy, are pleased to announce that the Graff-1 deep-water … Read More
Eco Atlantic has completed drafting the four new Joint Operating Agreements (‘JOA’s’) for its new Petroleum Licenses offshore Namibia. We have received all paying partner approvals on the JOA’s and … Read More
· The Company’s successful negotiation of the reissuance of its four licences in the Walvis Basin, Offshore Namibia, lead to the expansion of its acreage position. As announced on 30 November 2020, the … Read More
Eco Atlantic Oil and Gas has announced the Company has successfully negotiated the reissuance of its four licenses in Namibia’s Walvis Basin for 10 years, which received final Government confirmation on … Read More
