Africa's Oil, Gas and Energy News.
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
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
Namibia, Liberia and Ghana are set to share their latest and most exciting oil and gas developments in a series of dedicated roundtable discussions aimed at showcasing hydrocarbon potential and … Read More
Outlook · Eco says it continues to benefit from a strategically significant acreage position in-country and is progressing its various work programmes offshore Namibia. The company is witnessing an increased interest … Read More
