Corcel  has witness successful progress on the drilling results of the Tobias-13 (“TO-13”) well in onshore Block KON-11, in Angola, where the Company has a 20% working interest (18% net). The operator is Sonangol, the largest hydrocarbon producer in Angola. Antoine Karam, Executive Chairman of Corcel, commented: “The initial results of the TO-13 well are an […]

Africa Oil has noted Impact Oil and Gas disclosure on positive drill stem test (“DST”) results for the Venus-1X well, the major light oil discovery on Block 2913B. The Company also has further provided update on exploration and appraisal activities on Block 2913B and 2912, both located in the Orange Basin, offshore Namibia. Block 2913B […]

The National Agency of Petroleum, Gas and Biofuels (ANPG) have disclosed the agency preparedness in launching the country next onshore licensing bid round  this month end. The agency in its capacity as National Concessionaire and holder of mining rights for prospecting, research, evaluation, development and production of liquid and gaseous hydrocarbons throughout Angola, has recently […]

Afentra plc an upstream oil and gas company listed on AIM and focused on acquiring production and development assets in Africa, has stated that, further to the announcement made on 19 July 2023 regarding the proposed acquisition of interests in Block 3/05 and Block 3/05A from Azule Energy Angola Production B.V.  and the amendment to […]

Oceaneering International has disclosed that its Offshore Projects Group (OPG) segment has been awarded two international contracts, with combined total value in excess of $100 million. Oceaneering has been named a consortium partner to support transportation and installation work on the Girassol Life Extension project. The scope of work includes air and saturation diving services, […]

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 […]