Invictus Energy Limited said that the drilling at the Mukuyu-1 exploration well in SG 4571 has commenced on Friday 24 September local time. This was stated in an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe.  Drilling will commence from the installed conductor at 67m to a planned […]

The Nairobi County Government has announced that it will issue a $1.2 billion green bond. The proceeds will be used to finance environmentally friendly infrastructure. With a population of 4.9 million, the city of Nairobi is not spared from the drought that is undermining people’s livelihoods in Kenya. Against this backdrop, the county government is […]

Invictus Energy  has announced a private placement to raise $25m at $0.23 per share following the Company’s decision to sole fund the initial drilling campaign of two high impact exploration wells aimed at unlocking the resource potential of the Cabora Bassa Basin in Zimbabwe. Following the assessment of a range of options, including farm-in bids […]

FAR Ltd and the wholly owned subsidiary FAR Gambia Ltd said it has acquired an additional 50% interest in Blocks A2 and A5 offshore The Republic of The Gambia, giving FAR a 100% working interest. The interest was acquired from PC Gambia Ltd a subsidiary of Petroliam Nasional Berhad (“PETRONAS”). FAR has acquired a further […]

Invictus Energy Limited has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Assignment of exploration rights to EPO 1848 and EPO 1849 by Sovereign Wealth Fund of Zimbabwe Invictus’ 80% owned subsidiary Geo Associates (Pvt) Ltd (Geo Associates) and the Sovereign Wealth Fund of Zimbabwe (SWFZ) […]

Masdar, one of the world’s leading renewable energy companies, announced that it has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) related to the development of renewable energy projects with a total capacity of up to 2 gigawatts (GW). Abdulla Zayed, Head of Business Development & Investment at Masdar and Maharage Chande, Managing […]

The Company has entered a 30-year contract (the “Contract”) with the Forestry Commission of Zimbabwe (FCZ) for the development of the Ngamo-Gwayi-Sikumi (NGS) REDD+ project, which is renewable for a further 30 years, as part of the company’s sustainable plan to manage emissions. The NGS REDD+ project will enable the Company to fully offset all […]

Sequel to upcoming Oil and Gas Summit in the country, GeoPartners have signed an exclusive agreement with the Instituto Nacional De Petroleo (INP), on behalf of the Government of Mozambique, to conduct a major new Multi-Client 3D Geophysical Survey in the offshore Angoche Basin.  The project will comprise the acquisition of a minimum 12,000 sq. […]

Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Mukuyu-1 prospective resource upgraded to 20 Tcf + 845 million barrels of conventional gas condensate (gross mean unrisked basis) Invictus has received an updated Independent Report from ERCE estimating substantial resource potential at its Cabora […]

Wentworth, the independent, Tanzania-focused natural gas production company, has announced an operational update. Following record production achieved in 2021, Wentworth and its joint venture partners continued to realize strong production rates throughout 2022,recording an average production rate of 92 MMscf/d year to date. The five producing wells in the Mnazi Bay field and the associated […]