The National Agency of Petroleum, Gas and Biofuels (ANPG) and Azule Energy, in partnership with Equinor, today signed a Production Sharing Agreement (PSA) for Block 31/21. The agreement, which results from the 2021/2022 Limited Offshore Licensing Round, is a significant stride towards advancing exploration in the Lower Congo Basin.  The block, which will be operated […]

Namibia a South African country with a population of about 2.6 million people is abundant hydrocarbon reserves with an estimated value of about 11 billion barrels of oil as recently discovered offshore fields, with TotalEnergies’ Venus-1X find making up almost half of the total, state-owned oil firm NAMCOR said in a presentation of preliminary data […]

Azule Energy has awarded Aker Solutions a fresh major contract to provide subsea umbilicals for the Ndungu project in Angola. The contract which includes delivery of eight infield umbilicals including spares totalling over 25 kilometers in length according to Aker Solutions is quite a sizeable contract and will cost between NOK 0.5 billion and NOK 1.5 […]

Highlights Lesedi 6 production pod drilling completed The 66kV overhead transmission line is approximately 79% complete At the quarter end the Company had ~A$6.85m cash on hand (unaudited) Activities Tlou Energy continues to have three key project areas referred to as the: Lesedi Project – focused on gas-to-power development as well as exploration and evaluation. Mamba Project – […]

Kinetiko Energy, an Australian gas explorer and developer  has progressed across its onshore gas exploration and production development activities in South Africa. ”Our trailblazing success in Block ER272 is set to continue with the addition of two more exploration core holes between the first pair and the most recent pair of successful core holes. Our […]

Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national oil company (NOC) have made Namibia one of the world’s most enticing hydrocarbon plays in 2023. Eager to capitalize on this growing interest, the government has put in place an ambitious growth agenda […]

Reconnaissance Energy Africa Ltd (ReconAfrica) a Canadian oil and gas company engaged in the exploration and development of oil and gas in Northeast Namibia and Northwest Botswana announced that it has received its Environmental Clearance Certificate (ECC) from the Office of the Environmental Commissioner, Ministry of Environment, Forestry and Tourism, covering PEL 73 licence, which […]

Africa Oil has entered an agreement to increase its operated working interest (“WI”) in Block 3B/4B, located in the Orange Basin offshore South Africa and on trend with the Venus, Graff, La Rona and Jonker oil discoveries, for an additional 6.25% interest.  An independent review of the prospective resources and probability of geological success of […]

Kinetiko Energy, an Australian gas explorer and developer focused on advanced shallow conventional gas and coal bed methane in South Africa, has disclosed the following update on its onshore gas exploration and production development activities. Core well 272-01C and 272-02C spudded in early May and in close proximity to both Sasol’s Secunda refinery (potential gas […]

Corcel, the extractive industries exploration and development company, with interests across battery metals and oil and gas, has announced that it has signed its first oil and gas acquisition with the purchase of a 90% interest in Atlas Petroleum Exploration Worldwide Limited (“APEX”), that has working interests in several historically producing oil assets in the […]