Reconnaissance Energy Africa Ltd has announced as a result of recent data from the ongoing phase two 2-D seismic program, a significant new play type has been confirmed in the southern and western parts of the Company’s ~6.3 million acre exploration licence area in Namibia – PEL 73. This new fold belt province, the “Damara […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) has disclosed the agency preparedness in launching the country next onxhore licensing bid round in 2023. The agency In its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola, has recently brought […]

Kinetiko Energy has continued to pursue shallow, conventional gas discoveries in energy-hungry South Africa, as outlined in its latest exploration update. The ASX-listed energy stock has spudded its core 270-05C well — the third asset on its 270 exploration right — and ER271 has just been greenlit for renewal. A second coring rig is scheduled […]

Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa.  The Joint Venture (JV) Partners have contracted Environmental Impact Management Services (EIMS) of South Africa to apply for a permit to drill one […]

Sonangol, through its Research and Development Center (CPD) , and the National Electricity Transport Network (RNT) signed, on March 16, 2023, at the Hotel Intercontinental Luanda Miramar, the memorandum of understanding for yet another project of distribution of clean energies, an agreement that outlines the guidelines for the supply of electricity to the hydrogen and green ammonia production plant, […]

National Agency for Petroleum, Gas and Biofuels (ANPG) has improved the fiscal terms of blocks 30, 44 and 45 in the Namibe Basin, within the scope of the Contracts for Services with Risk (CSR) and Extension of the Initial Phases of Exploration for the referred Blocks, in a Memorandum of Understanding Signing Ceremony carried out with the entities involved […]

Galp Energia announced the sale to Angolan company Somoil of its stake in oil exploration and production in Angola, an operation that should be completed in the second half of this year. Galp Energia in its recent media release disclosed an agreement for the sale to the Angolan company Somoil of its oil exploration and […]

Angola’s Agency for Petroleum, Gas and Biofuel (ANPG) and Chevron’s local subsidiary CABGOC have announced the start of production from the Lifua-A project within Block 0. Chevron intends to develop the Lifua reserves via three different phases, Lifua-A, -B, and -C. Phase A relies on a stacked template structure (STS) platform with ten wells, including […]

Africa Oil Corp.  has disclosed that an independent review of the Company’s prospective resources has been completed by RISC Advisory (UK) Limited, in accordance with Canadian National Instrument 51-101 – Standards for Oil and Gas Activities (NI 51-101), the Canadian Oil and Gas Evaluation Handbook (COGE Handbook) and the Petroleum Resources Management System 2018 (PRMS). […]

QatarEnergy and partners have announced a light oil discovery in the Jonker-1X deep-water exploration well drilled in the PEL-39 Exploration License, offshore Namibia. The Jonker-1X well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine […]