Afentra confirms that an Executive Decree to formally approve the period of the Block 3/05 licence extension, extending the production sharing agreement (‘PSA’) to 31 December 2040, has been published in the Diário da República. The recent agreement between the Block 3/05 JV partners and ANPG (the Angolan Oil & Gas regulator) on the licence […]

Angola has indicated readiness to contribute to the development of the oil sector in Namibia. The National Agency for Petroleum, Gas and Biofuels (ANPG) recently signed a Memorandum of Understanding (MoU) with its counterpart in the Republic of Namibia, Directorate of Petroleum Affairs (DPA in English, Directorum of Petroleum Affairs), during the international conference called NIEC (Namibia […]

In Namibia, independent power producer (IPP) Cerim Lüderitz Energy has signed the necessary agreements for the development of the Lüderitz wind project with the state-owned company NamPower. The project involves the construction of a 50 MW wind farm. Namibia will have a new wind farm within a few months. This is the aim of the […]

Integrated solutions specialists EnerMech has strengthened its footprint in the LNG market after securing four contracts with Angola LNG Limited (ALNG). As a result, the business has completed a recruitment drive to secure a significant number of Angolan nationals to support across the projects. The business will deliver an extensive three-year general maintenance contract to […]

Afentra has announced completion of the acquisition from INA-Industrija d.d. (‘INA’) of a 4% interest in Block 3/05 and 4% interest(1) in Block 3/05A offshore Angola (the ‘INA Acquisition’) pursuant to a sale and purchase agreement between INA and Afentra’s wholly owned subsidiary, Afentra (Angola) Ltd, dated 18 July 2022 (‘SPA’). This acquisition marks Afentra’s […]

Namibia’s power utility, NamPower, and CERIM Luderitz Energy, a joint venture between Energy China and locally owned Riminii Investments, on Monday signed power purchase and transmission connection agreements to develop a 50 MW wind power plant in the coastal town of Luderitz, southwestern Namibia. WINDHOEK, April 18 (Xinhua) — Namibia’s power utility, NamPower, and CERIM […]

Africa Oil Corp has announced the company participation in a USD 95.0 million Open Offer by Impact Oil & Gas Limited a privately–owned and African–focused exploration company. The capital raised shall be used towards funding Impact’s participating share of the multi-well drilling and testing programme in Namibia to further evaluate and appraise the Venus discovery; a world class, light-oil […]

PGS, a leading supplier of offshore geophysical services for Angola, has released a new Angola Central Basin Time screening dataset, offering the opportunity to evaluate open acreage for proven pre- and post-salt plays in readiness for the 2025 licensing round. Recent legislative changes now incentivize gas and marginal field developments, providing further reasons to evaluate […]

Metatek-Group Limited, a worldwide airborne geophysical survey specialist based in the United Kingdom, is currently conducting an eFTG survey over an area of nearly 2,200 square kilometers (540,000 acres) in ReconAfrica’s 25,000 square kilometers (6.3 million acres) PEL073 exploration license in north-eastern Namibia. The airborne component of the survey is expected to be completed by […]

Afentra has disclosed that having received the necessary approvals from the regulator and contractor group members to the formal transfer documentation ahead of the 17 April 2023 long stop date, Afentra have agreed with INA to proceed to completion whilst they await receipt of outstanding signatures to this documentation. The company look forward to updating […]