Mozambique has unveiled the countries energy transition roadmap at the just concluded COP28 climate conference in the UAE, forecasting about US$80 billion projects investment plan that will expand up to 2050. The world leaders have converged in United Arab Emirate to reiterate an existing pledge of member countries in cutting down global emissions and setting […]

PGS said that the company has commenced a Depth reprocessing of the ANG Block 16 MC3D GeoStreamer dataset in the Lower Congo Basin with focus on deeper exploration targets. Final deliverables will be available in Q3 2024. Following a review of the Lower Congo Basin, which high-graded an area of high exploration potential in its […]

The government of Zanzibar has disclosed their intention to launch a new international bidding round to promote oil and gas opportunities. The first licensing round is expected to take place in Q4 2023, and SLB is collaborating with Zanzibar Ministry and Zanzibar Petroleum (UPSTREAM) Regulatory Authority (ZPRA) to uncover the basin’s potential. SLB has completed […]

PGS has increased regional coverage of its Congo Vision dataset by targeting deepwater open acreage and facilitating an improved understanding of the prospectivity. The latest phase expands Congo Vision to the south, along strike from significant Angolan fields in the core of the Congo Fan depocenter. PGS in partnership with SNPC have completed a fourth […]

ARA Petroleum Tanzania (APT) has set out a path to first gas at Tanzania’s Ruvuma production-sharing agreement (PSA). APT was established in 2018 to accelerate the development of the Ntorya area. A farm-in agreement for a 50% working interest was agreed with the operator AMINEX Plc. Once the farm-in was completed in 2020 APT became […]

Invictus Energy has  reported a progressive and positive update of drilling the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Progress and current operations Since the last update, the drill bit, LWD tools and mud motor were changed out and drilling of the 8½” hole section has reached the current […]

Invictus Energy Limited  is pleased to provide an update of drilling the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.  Comments from Managing Director Scott Macmillan: “We have encouraging signs in our Upper Angwa primary target, which has shown elevated gas readings including heavier hydrocarbons and elevated LWD resistivity across […]

Irene Bateebe, Permanent Secretary of the Ministry of Energy and Mineral Development (MEMD), Uganda, has announced in a media briefing that Uganda will launch its energy transition plan at the upcoming COP28 being held in the UAE in November, with a key role envisaged for the oil and gas sector in generating financing for the […]

Uganda National Oil Company (UNOC) is in advanced talks with Chinese export credit agency SINOSURE to provide credit for its crude oil pipeline after pressure from environmentalists forced some Western banks to recoil from the project, a top official said on Monday; Reuters has reported. The projects for the development of the oil and gas […]

Scirocco Energy has announced that the divestment of its 25% interest in the Ruvuma asset has been approved by the Tanzanian Minister of Energy. With this approval now received, all conditions precedent to the transaction are satisfied and Scirocco and its counterparty, ARA Petroleum Tanzania, can now proceed to complete the transaction in the coming […]