Reconnaissance Energy Africa has announced a drilling update on Prospect I located onshore Namibia in Petroleum Exploration Licence 073 (PEL73) and the Company’s largest prospect to be drilled so far. ReconAfrica is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources, or 1.9 trillion cubic feet of unrisked […]

Eni, as the Delegated Operator of Area 4, on behalf of its Area 4 partners, celebrates the shipment of the 100thcargo of Liquified Natural Gas (LNG) produced from Coral South FLNG, located in the ultra-deep waters of the Rovuma Basin, offshore Mozambique.  This achievement underscores Eni’s dedication to creating long-term value for Mozambique, leveraging the […]

In recent years, Namibia has emerged as one of the most significant focal points for oil and gas exploration in Africa, driven by a surge in exploration activities and the increasing presence of major international oil companies (IOCs). The country’s attractiveness as a destination for exploration and production (E&P) campaigns is largely attributed to its […]

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 […]