Impact Oil & Gas, a privately-owned, Africa-focused, exploration company today announced the imminent commencement of a multi-well drilling programme in Namibia, following the Venus light oil discovery in Block 2913B (PEL 56). Highlights Multi-well programme in Namibia due to commence before the end of February, targeting up to four wells (including the re-entry of the […]

Eni CEO, Claudio Descalzi, and the CEO of Sonatrach, Toufik Hakkar, have signed in Algiers two agreements which outline future joint projects on energy supply, energy transition and decarbonisation. The agreements were signed in the presence of the Prime Minister of Italy, Giorgia Meloni, and the President of the People’s Democratic Republic of Algeria, Abdelmadjid […]

Afentra has announced that it has received approval from the Ministry of Mineral Resources, Oil and Gas for the acquisition from INA-Industrija d.d. (INA) of a 4% interest in Block 3/05 and 4% interest1 in Block 3/05A offshore Angola (the INA Acquisition) pursuant to a sale and purchase agreement between INA and Afentra’s wholly-owned subsidiary, […]

PTTEP  an Angolan Incorporated company (PANG), and subsidiary of PTTEP, has entered into a Sale and Purchase Agreement (SPA) to sell its entire 2.5% participation interest in Block 17/06 Project in Angola to SOMOIL BLOCO 17/06 (SU), S.A., a wholly owned subsidiary of Sociedade Petrolifera Angolana, S.A (SOMOIL). Completion of the sale is expected by […]

Note that the purple and blue areas indicate basin lows, red and white indicate basin highs Reconnaissance Energy Africa Ltd has indicated a planned acquisition of the firstEnhanced Full Tensor Gravity (“eFTG”) survey conducted in Namibia. Operational Update On June 28, 2022, ReconAfrica engaged a leading airborne geophysical survey provider to conduct an eFTG survey over an […]

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 […]