Namibia’s offshore oil and gas industry is set for significant growth in 2025, driven by new licensing opportunities and an uptick in drilling activities, Petroleum Commissioner Maggy Shino announced during a webinar hosted by the African Energy Chamber, Wood Mackenzie and Namibia’s Ministry of Mines and Energy. The move is set to attract fresh investment […]

Reconnaissance Energy Africa Ltd. announces the acceleration of drilling into Q2 2025 and a corporate update. ReconAfrica  has continued to pursue activities relating to the drilling of Prospect I.  To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set to be undertaken in the coming weeks. As a result of the […]

….. South African electricity trading business now fully funded Chariot Limited has announced that Etana Energy (Pty) Limited, the South African electricity trading platform, has secured a US$55million (R1billion) guarantee finance facility alongside an equity investment of up to US$20million (R372million) from Standard Bank and Norfund. Standard Bank is the largest bank in Africa and […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, notes the recent press speculation in African Intelligence and confirms that Afentra, and another of its joint venture partners, is in discussions to acquire the interests in Blocks 3/05 (10%) and 3/05A (13.5%) held by Etu Energias. There can […]

Sintana has said that Pancontinental has received notification from Woodside Energy (GOM) Inc. that Woodside has elected not to exercise its option to farm-in to the PEL 87 project. This notice has been received in advance of the long stop date of May 18th, 2025, after which Woodside’s option was due to expire and a […]

Angola is experiencing a resurgence in interest in its oil and gas sector as global players seek to tap into the country’s vast and lucrative energy potential. With the increasing global demand for energy, Angola is positioning itself as a key player in the market, according to Alcides Andrade, Executive Administrator of the National Agency […]

Scatec ASA, a leading renewable energy provider, has started commercial operation of the first 60 MW of the 120 MW Mmadinare Solar Cluster in Botswana. The power plant is Scatec’s first in Botswana and will generate predictable revenues from a 25-year power purchase agreement (PPA) with Botswana Power Corporation, the national utility. The remaining 60 […]

Energy and marine consultancy ABL has launched a new entity in Namibia, expanding its growing operations in-country to support the local oil & gas market, whilst also developing its offering to support Namibia’s energy transition.   Namibia is a significant player in African energy, with a focus on traditional oil & gas development, alongside plans to […]

Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored and logged the Mopane-3X well (Well #5) in PEL83, offshore Namibia, which was spudded on January 2nd. Mopane-3X, located at an 18 km distance from the first Mopane-1X well, targeted two stacked prospects, AVO-10 & AVO-13, and a deeper […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, has disclosed  that the KON-15 onshore license has been formally approved and awarded by Presidential Decree on 24 February 2025. This follows the Company’s announcement on 22 January 2024, confirming Afentra’s selection as the non-operating preferred bidder for both […]