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South Africa

SONANGOL SELLS STAKES IN BLOCKS TO SUPPORT EXPLORATION, PRODUCTION

Angolan state oil company Sonangol said that it is selling, in part, its stakes held in eight oil blocks to reassess its investment portfolio, ensure compliance and implementation of its exploration and production strategy, from 2 to 10 percent by 2027. The stakes are those held in offshore and onshore blocks, mostly in operation, and […]

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NAMCOR and Reconafrica Seek To Unlock the Vast Resource Potential, Sign JOA Partnership in Namibia

The National Petroleum Corporation of Namibia (NAMCOR) and Reconnaissance Energy Africa Ltd. (the (ReconAfrica) have  announced the execution of a Joint Operating Agreement (“JOA”) to develop the resource potential of the Kavango Sedimentary Basin, Northeast Namibia.  Under the agreement, the two companies will jointly pursue an ongoing petroleum exploration program in the Kavango East and […]

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Total awards Yinson pre-FEED contracts for FPSO projects, Angola and Suriname

Yinson has been selected by Total to perform preliminary Front-End Engineering Design (pre-FEED) for two FPSO projects to be installed in the Block 20/21 in Angola and Block 58 in Suriname. The Angola project will be installed at around 1400m, located 160km from Luanda, while the Suriname project will be installed at around 2000m, located […]

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Africa Energy and Partners Progress on Block 11B/12B OFFSHORE South Africa

Africa Energy has announced that the joint venture partners on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased development of the Paddavissie Fairway. “We are very encouraged by the contemplation of an early production system on Block 11B/12B to provide first gas and condensate production […]

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ANPG Seeks Transparency in Crude Production, Opts For Live Data Consulting Service

National Oil, Gas and Biofuels Agency (ANPG) has launched a public tender for the acquisition of a consulting service to ensure real view of production data. The submission of the fresh launched tender, ends on 11 June at 03:30 pm.  The three-year contract also foresees the accounting and control of the volumes of exported hydrocarbons […]

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ReconAfrica Namibia confirms working petroleum system in Kavango Basin, gives report on ESG

Reconnaissance Energy Africa has announced that the Company has set intermediate casing and geologic results in the first section of the second well (6-1), which again confirms a working petroleum system in the Kavango Sedimentary Basin. The Company has also in its reports stated that it is strengthening its Environment, Social & Governance (ESG) standard […]

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TOTAL RESUMES OPERATIONS IN ZINIA PHASE 2, BLOCK 17 DEVELOPMENT OFFSHORE ANGOLA

Total, operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency,have  announced  the start of production from Zinia Phase 2 short-cycle project, connected to existing Pazflor’s FPSO (Floating Production, Storage and Offloading unit). The project includes the drilling of nine wells and is expected to reach a production of […]

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Eni and bp in a new Angolan Oil and Gas joint venture partnership

Eni and bp have announced that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their upstream portfolios in Angola, including all their oil, gas and LNG interests in the country. The companies believe that combining their efforts in a new joint venture company would bring significant opportunities […]

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Africa Energy Resumes Venus-1 Exploration Well Drilling Campaign by end of Q4 2021 offshore Namibia

Africa Energy with operating 30.9% shareholding interest in Impact Oil & Gas has exposure to the Venus-1 exploration well in Block 2913B, offshore Namibia which is expected to spud by the end 2021. Venus-1 will target a large basin floor fan system with significant undiscovered petroleum initially in place that has been identified using 3D seismic data. Africa […]

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Reconafrica Resumes Drilling Second Well Campaign in Kavango Basin Offshore Namibia

Reconnaissance Energy Africa has announced spudding the second well (6-1) in the Kavango Basin in the Kalahari Desert of North East Namibia. Operations With the first string of casing set and cemented in the 6-1 well, the Company owned and operated 1000 HP rig (Jarvie-1) is drilling ahead to a target depth of 3,800 meters […]

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