Africa's Oil, Gas and Energy News.
Highlights Africa Oil President and CEO Keith Hill commented: “The Venus appraisal program is progressing per our expectation with a second rig, DeepSea Mira, expected to arrive in Namibia shortly to join the campaign. … Read More
Africa Oil has announced that it has participated in a USD 95.0 million Open Offer by Impact Oil & Gas Limited, the privately–owned, African–focused exploration company. The capital raised shall be used … Read More
Africa Oil has announce that it has published its 2022 Sustainability Report outlining the Company’s approach to ESG management and provides an overview of the ESG-related performance for the period … Read More
Eco (Atlantic) Oil & Gas and its partners are applying for Environmental Authorisation to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa . The Joint Venture (JV) … Read More
Whereas South Lokichar’s basin Project Oil Kenya has significantly featured in Africa Oil main assets highlights since 2012 this seems to have changed in the last seven months. This is … Read More
Highlights Africa Oil Chief Executive Officer, Keith Hill, commented on the statement of reserves: “Africa Oil is at the forefront of the exciting appraisal and exploration activities in the Orange Basin, … Read More
Africa Oil has announced that it has signed two production sharing contracts (PSCs) with the Republic of Equatorial Guinea for offshore Blocks EG-18 and EG-31. These PSCs are subject to ratification by … Read More
High Court of Kenya has announced its decisions on the Company’s Tax Appeal Case Number 024 (consolidated with KRA’s Tax Appeal Case Number 051) with regard to the VAT assessment. … Read More
Project Oil Kenya leading joint venture has called for an extension to the period earlier set for review field development plan submitted on 10th December 2021 saying this will allow … Read More
The Company received one dividend from its shareholding in Prime for $50.0 million(1) in Q3 2022 (first nine-month 2022 total of $212.5 million). Total amount of the dividends received so … Read More
