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 […]
Invictus Energy provides an update of the drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Progress Since the last update, the Exalo Rig 202 has drilled the 17 ½” surface hole section down to a depth of approximately 496m Measured Depth (“MD”). The 13 ⅜ inch casing […]
Invictus Energy has commenced drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. The company described the current operations as an exciting and long-anticipated moment for Invictus and shareholders. It further termed commencement of second drilling campaign in the Mukuyu-2 well a significant milestone for the company’s operations […]
Invictus Energy said that the company has Completed mudgas analysis program reaffirming presence of light oil, wet gas and condensate and helium in Mukuyu-1 at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Sidewall core analysis also indicates light oil and gas condensate presence, consistent with mudgas results, while Organic shales in Upper […]
Scirocco and ARA Petroleum Tanzania (APT) have executed amendments to extend the longstop date of the proposed Ruvuma transaction from 31 August 2023 to 30 September 2023. The reason for the extension of the amendments is owing to the significant progress made so far and also to allow additional time to complete the transaction. As […]
Scirocco and ARA Petroleum Tanzania (APT) have executed amendments to extend the longstop date of the proposed Ruvuma transaction from 31 August 2023 to 30 September 2023. The reason for the extension of the amendments is owing to the significant progress made so far and also to allow additional time to complete the transaction. As […]
Sequel to the successful completion of its CB23 2D seismic acquisition program at its 80% owned and operated Cabora Bassa Project in Zimbabwe, Invictus Energy Limited has disclosed the commencement of the Exalo Rig 202 mobilisation to Mukuyu-2 wellsite at its 80% owned and operated Cabora Bassa Project in Zimbabwe. The commencement of the rig […]
The work scope will include specific maintenance of crane and lifting equipment, and onshore and offshore parts supply for three offshore sectors which include Likouf and Nkossa. The agreement also includes riser pulling systems, mooring and tensioning systems. EnerMech has established a new entity, EnerMech Congo, to carry out the work and has sub-contracted a […]
Invictus Energy Limited an operator of one of the last untested large frontier rift basins in onshore Africa – the Cabora Bassa Basin – in northern Zimbabwe through a high impact exploration programme, has announced the successful completion of its CB23 2D seismic acquisition program at its 80% owned and operated Cabora Bassa Project in […]
