In a bold bid to unveil Namibia’s onshore resource treasures, 88 Energy has launched a major new 2D seismic acquisition program for its petroleum exploration licence 93 (“PEL 93”) within the Owambo Basin’s uncharted Damara system. The ambitious initiative that covers 18,500 square kilometres of largely-unexplored territory – some 2.2 per cent of the entire […]

Reconnaissance Energy Africa (ReconAfrica) and its joint venture partner NAMCOR, announce the spudding of the Naingopo exploration well on Petroleum Exploration Licence 73 (“PEL 73”), onshore northeast Namibia.  The Company spud the Naingopo exploration well in the Damara Fold Belt onshore PEL 73 in northeast Namibia on July 7, 2024. The well will be drilled […]

As part of its growth strategy, Etu Energias, SA has concluded its agreement with GALP for the indirect acquisition of a 5% stake in Block 32 and 9% in Block 14, 4.5% in Block 14K in offshore Angola.The conclusion of this deal represents the materialization of the purchase and sale agreement between the subsidiaries of […]

Since the Restructuring of the Angolan oil sector resulting in2019which led to  the creation of the National Petroleum, Gas and Biofuels Agency (ANPG), Angola oil and gas sector has witnessed rapid increment in her crude oil and gas production This economic great feat which might be attributed to successive launches of licensing bid rounds, the […]

Aker Solutions has secured a sizeable long term frame agreement with Azule Energy to provide engineering, procurement, and construction services (EPC) for brownfield projects and modifications for two FPSOs in Angola. This is a continuation of the current frame agreement Aker Solutions has with the operator Azule Energy. The operator is Angola’s largest independent equity […]

State-run China National Offshore Oil Co said  that it had signed oil exploration and production concession contracts with Mozambique’s energy ministry and national energy company ENH.The contract is for five offshore blocks in waters off the African nation and covers a total area of about 29,000 sq km (11,200 sq miles) with water depths from […]

Exxon Mobil Corp. and Shell Plc are among energy giants evaluating bids for a stake in Galp Energia SGPS SA’s major oil field offshore Namibia, according to people familiar with the matter. TotalEnergies SE and Equinor ASA are also among those considering acquiring the 40% stake Galp is seeking to sell in the MOPANE discovery, said the […]

Patrick Pouyanné, Chairman and CEO of TotalEnergies, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANPG and Gaspar Martins, Chairman and CEO of Sonangol, to announce the Final Investment Decision of the Kaminho deepwater project. […]

Saipem has been awarded a new offshore contract by Azule Energy Angola S.p.A., subsidiary of Azule Energy Holdings Limited, an incorporated joint venture between Eni and bp, for the development of the Ndungu Field as part of Agogo Integrated West Hub Project, located approximately 180 km off the coast of Angola. The value of the […]

The West Africa Energy Summit is proud to announce that Ms. Maggy Shino, Petroleum Commissioner of Namibia, will be presenting never-before-seen insights on the Luderitz Basin at this year’s event. The session will be hosted by the Petroleum Commission of Namibia and their leadership including Ms. Maggy Shino. The Petroleum Commissioners presentation will showcase the […]