Africa's Oil, Gas and Energy News.
Africa Energy announces that the joint venture partners in respect of Block 11B/12B, Offshore the Republic of South Africa, have obtained an extension to the deadline for the submission of the Environmental … Read More
Eco Atlantic has announced that the Gazania-1 well on Block 2B, offshore South Africa, which spudded on October 10, 2022, reached target depth of 2,360m but did not show evidence … Read More
Africa Energy Corp. has reported that Eco (Atlantic) Oil & Gas Ltd. has deposited approximately US$20 million in escrow to support its capital expenditure requirements for the Gazania-1 well on Block 2B offshore South … Read More
Eco (Atlantic) Oil & Gas has announced that the Joint Venture partnership of Block 2B, offshore South Africa, has entered into a drilling contract for the Island Innovator semi-submersible rig with … Read More
Further to the announcement on 10 January 2022, Eco (Atlantic) Oil & Gas Ltd. has confirmed that it has signed a definitive Share Purchase Agreement (SPA) to acquire 100% of … Read More
Highlights · Acquisition of a material offshore petroleum exploration asset base in Namibia and South Africa · Consideration in the form of new common shares to Azinam Holdings Limited who will own 16.65% of the … Read More
Block 11B/12B joint venture partners are contemplating an early production system (EPS) for a phased development of the Paddavissie Fairway according to Africa Energy. Africa Energy says joint venture is … Read More
Africa Energy has reported that the joint venture partners with Total as operator on Block 11B/12B offshore South Africa are assessing the feasibility of an early production system for a possible phased … Read More
Panoro Energy has announced that it has received governmental approval and closed the previously announced farmout agreement on Block 2B offshore South Africa. John Hamilton, CEO Panoro, said: “Following our recently … Read More
Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More
