Invictus Energy commits to more gas exploration onshore Zimbabwe
Geo Associates increases exploration licence sevenfold and commits to second well.
The Mzarabani Prospect alone is estimated to contain 8.2 Tcf of gas and 250 million barrels of conventional gas / condensate (gross mean unrisked) across 5 horizons.Read More
In yet another deal within the Orange Basin, Eco (Atlantic) Oil & Gas has announced its acquisition of another 6.25% in South African block 3B/4B. The company already entered the block earlier this year when it acquired Azinam, who holds a 20% non-operated interest in the license.
The US is contemplating increasing debt provided to South Africa’s leading gas, LNG, and helium project
The United States’ International Development Finance Corporation (DFC) is evaluating an increase of its loan to Renergen’s Virginia Gas Project in South Africa by up to $500m. Tullow Oil and Capricorn Energy agree on all-stock merger deal
The national oil company’s divestment process launched in June 2021 resulted in the signing of several Sale and Purchase Agreements (SPAs) with existing and new independents seeking to farm into exploration and producing blocks.
Italian major Eni has announced the successful completions of negotiations to start up the New Gas Consortium (NGC) in Angola.
The International Finance Corporation (IFC) has signed a collaboration agreement with Mozambique on the implementation of the 1.5 GW Mphanda Nkuwa Hydropower Project.
The fund will be financed by Sasol and managed by BNI and open to any individuals or SMEs seeking to convert to gas across Mozambique.
The project is the third startup on Block 15/06 in only seven months. It has an expected production rate of 20,000 barrels of oil per day (bopd) and will help sustain the plateau of the N’Goma FPSO.
Impact Oil & Gas has announced that the Venus find in the Orange Basin contains light oil and associated gas and constitutes a world-class discovery that exceeded pre-drill expectations.
Extensive laboratory analyses to be conducted to understand reservoir quality and potential flow rates achievable, according to state-owned company NAMCOR.
TotalEren and Chariot have announced today the signing of a new Memorandum of Understanding (MoU) with South African platfinum group metals and chrome producer Tharisa Plc.
Cleanergy Namibia, the joint-venture set up by both companies, aims to produce green hydrogen from solar power and for distribution to heavy-duty applications like trucks, locomotives, mining equipment and ships.
Eni has upgraded its field estimate at Ndungu on Block 15/06 offshore Angola at 800 million to 1 billion barrels of oil equivalent in place following the successful drilling of the Ndungu-2 appraisal well.
Azule Energy, a bp and Eni Company, combines both majors’ businesses in Angola with over 200,000 barrels of oil equivalent per day (boepd) of net production and 2 billion barrels equivalent of net resources.
The Government of Namibia has issued a notice of award to HYPHEN Hydrogen Energy, the joint-venture of Nicholas Holdings Limited and ENERTRAG South Africa, for the development of a $9.4bn hydrogen project.
The facility will be Madagascar's biggest hydroelectric station upon completion and will generate hundreds of millions of dollars of savings on fuel costs by displacing expensive thermal power generation.
While Tlou Energy continues to progress on its gas-to-power project north of Botswana’s capital Gaborone, it is now expecting to produce hydrogen and solid carbon products even before electricity.
The company has executed a 19-year helium forward sale agreement for 100,000 units. The deal could help bring transparency of pricing for helium, a commodity not presently traded in the spot market.
Three state-owned companies seek to develop a midstream LNG hub in the Eastern Cape Province. LNG availability will support existing and future power plants, industrialisation and the country's energy transition.
BW Energy has just acquired Aquadrill's semisubmersible drilling rig “Leo” for the development of the Kudu gas field offshore Namibia.
South Africa’s Minister of Mineral Resources and Energy (DMRE), Mr. Gwede Mantashe, has announced the preferred bidders for the REIPPPP Bid Window 5.
This will be the company’s biggest investment to date, developed under a 30-year public-private partnership (PPP) with state-utility Electricidade de Moçambique (EDM).
African Infrastructure Investment Managers (AIIM) has announced it has successfully completed a capital increase of ZAR 5.5 bn for its IDEAS Managed Fund (IDEAS) dedicated to infrastructure financing in the SADC region.
Quilemba Solar is one of many utility-scale solar projects currently being developed in Angola, in line with the country's vision to commission up to 500 MW of renewable energy capacity between 2022 and 2025.