The National Agency for Petroleum, Gas and Biofuels (ANPG), the National Concessionaire, and the Italian operator Eni confirm the entry into production of the Cabaça Norte development project , in Block 15/06, located in Angolan deep waters, through the Armada Olombendo floating production, storage and transfer unit (“FPSO”) . The development of Cabaça Norte, with an expected production peak of around […]

Reconnaissance Energy Africa Ltd. (ReconAfrica) and its joint venture partner NAMCOR (the state oil company of Namibia) has being granted approval of a one year extension on the First Renewal by the Ministry of Mines and Energy (MME)  the Period of 29 January 2022 to 29 January 2023 ,this is relating to the approximate 6.3 […]

Finally, Natacha Massano, Executive Administrator of Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) announced the concessionaire´s satisfaction with the bid round results at AOG 2021 that took place in Luanda on September 9-10; ANPG will award the concessions on September 23, 2021, to bid round winners; The announcement was made at AOG 2021, organized […]

Promoting new concession attribution processes that do not depend on the terms and modalities contained in the General Concession Attribution Strategy in force, approved by Presidential Decree 52/19, of 18 February, is the main objective of the Permanent Offer Regime. Given the need to replace reserves and increase the exploitation of oil resources in Angola, […]

ReconAfrica and its joint venture partner the state oil company of Namibia NAMCOR have provided preliminary analysis of the first well drilled (the 6-2 well) in the Kavango basin by Core Laboratories  and Netherland Sewell & Associates Inc. Log and Core Analysis The NSAI petrophysical study, the first in the Kavango basin, has identified five […]

Reconnaissance Energy Africa Ltd. and its joint venture partner NAMCOR (the state oil company of Namibia)  have announced successful completion of drilling operations of the second stratigraphic test well (6-1) in the Kavango basin of NE Namibia. The 6-1 well is now being prepared for wireline logging. Multiple logging runs will be made and up […]

Karpowership SA (KPSA), a South African company that is 49% Black owned, welcomes the  announcement made by the Department of Mineral Resources and Energy (DMRE) appointing KPSA  as a Preferred Bidder for projects in the Ports of Coega, Saldanha and Richards Bay, to provide power  to South Africa’s national electricity grid under the Risk Mitigation […]

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 […]

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 […]

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 […]