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 […]

Energy ASA has announcec that it has been awarded a 100 per cent interest in Technical Co-operation Permit (“TCP”) 218 located onshore northern Free State province, South Africa. TCP 218 covers a surface area of approximately 6,608 Km2 in the highly prospective Northern Karoo Basin which has a proven working natural gas and Helium system with […]

Barely few month Africa Africa Energy has released reports that Eco (Atlantic) Oil & Gas has deposited approximately US$20 millionin escrow to support its capital expenditure requirements for the Gazzania-1 well on Block 2B, offshore South Africa, after closing the acquisition of Azinam Group Limited.  The oil and gas exploration company focused on the offshore […]

Reconnaissance Energy  said it has received a three year extension to its Environmental Clearance Certificate (ECC), from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism of the Republic of Namibia, covering the entire PEL 73 permit, which covers over 6.3 million acres (25,000 km2), in northeast Namibia. The ECC authorizes ReconAfrica, […]

Reconnaissance Energy Africa Ltd.  has  reported that, following a hearing in connection with a recent application filed by certain third party applicants with the High Court of Namibia challenging the recent amendments to the Company’s Environmental Compliance Certificate that were approved by the Environmental Commissioner of the Namibian Ministry of Environment, Forestry, and Tourism, the […]

bp and Eni have confirmed that Azule Energy, the new 50/50 independent joint venture combining the two companies’ Angolan businesses, has been officially established. Azule Energy is now Angola’s largest independent equity producer of oil and gas, holding 2 billion barrels equivalent of net resources and growing to about 250,000 barrels equivalent a day (boe/d) […]