Kinetiko Energy, an Australian gas explorer and developer focused on advanced shallow conventional gas and coal bed methane (CBM) in South Africa, has received firm funding commitments from a private South African institution to raise A$2.95m (before costs) through the exercise of an option. Strategic Investment Phefo Power (Pty) Ltd (Phefo) is a South African […]

Yinson Production (YP) is the offshore production business unit of Yinson Holdings Berhad, a global energy infrastructure and technology company headquartered in Malaysia. The Group has businesses in offshore production, renewables, green technologies and offshore marine, and a presence in 18 countries, has recently sealed an Agreement for Preliminary Activities (APA) with Azule Energy), through […]

Eni and partners have just set Mozambique on the global gas scale. This owing to completion and sailing of the first shipment of liquefied natural gas (LNG) produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, which has just departed from Coral Sul Floating Liquefied Natural Gas (FLNG) facility on […]

Afentra provides the following update regarding the previously announced Angolan acquisitions. Sonangol Acquisition On 28 April 2022, the Company announced that its wholly-owned subsidiary, Afentra (Angola) Ltd, had signed a sale and purchase agreement (the ‘SPA’) with Sonangol Pesquisa e Producao S.A. (‘Sonangol’) to purchase non-operating interests in Block 3/05 and Block 23, offshore Angola. […]

As part of its plan to strengthen and diversify gas supplies to Italy, Eni has begun providing additional volumes of liquefied natural gas to the regasification terminal of Panigaglia (La Spezia) ahead of the 2022-2023 winter. The first cargo was delivered on Sunday with supplies coming from Angola, reloaded on smaller ships at Spanish terminals […]

Eco Atlantic as operator of Block 2B offshore South Africa (Panoro working interest 12.5%), has announced the arrival of the Island Innovator semi-submersible drilling rig on Block 2B and the commencement of operations on the Gazania-1 exploration well. The Gazania-1 exploration well is being drilled in approximately 150 metres of water and is located 25 […]

Reconnaissance Energy Africa Ltd has announced it has entered into a definitive purchase and sale agreement with its partner, Namcor Exploration and Production (Pty) Ltd. (“NAMCOR”) dated September 21, 2022, to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE […]

The French independent power producer (IPP) HDF Energy has announced a green hydrogen project near the city of Swakopmund in Namibia. Its facilities are expected to be operational by 2024. Namibia is increasingly attracting investors in the nascent green hydrogen industry. This is the case of the French company HDF Energy, which is developing a […]

Reconnaissance Energy Africa Ltd. has secured its new business relationship with Alvarez & Marsal and Hannam & Partners. The two companies will work closely with ReconAfrica in managing its evolving data room as well as launching a global reach to potential, high quality, joint venture partners to join the Company’s initial exploration program in the […]

Reconnaissance Energy Africa (“ReconAfrica) and its joint venture partner NAMCOR the state oil company of Namibia  has confirmed  having successfully reached total depth of the third stratigraphic test well, 1819/8-2 (“8-2”), in the Kavango basin of NE Namibia. The well was drilled to a total depth of 2,056 meters reaching all geological targets, on time […]