Africa's Oil, Gas and Energy News.
Grand Gulf Energy Limited (Grand Gulf or the Company) has announce that it has entered into a binding Option Agreement (Agreement), providing Grand Gulf with an exclusive option to acquire … Read More
Reconnaissance Energy Africa Ltd announces a drilling update on Prospect I. Prospect I is located onshore Namibia in Petroleum Exploration Licence 073 (PEL73) and is the Company’s largest prospect to be drilled … Read More
ReconAfrica reports it continues to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set … Read More
Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed … Read More
High impact exploration in 2025 is expected to remain stable, with QatarEnergy being the most active explorer and all eyes remaining on the Orange Basin Westwood forecasts high impact exploration … Read More
The African Energy Chamber (AEC) hosted an Invest in African Energies Investment Forum in Rio de Janeiro, Brazil, on 30 January 2025. Attended by key Brazilian energy stakeholders, including representatives … Read More
Highlights of the Naingopo well: Brian Reinsborough , President and CEO of the Company stated: “We are excited about the results of this well, which opens the play and demonstrates a working … Read More
Reconnaissance Energy Africa announces that, further to its announcements on July 16, 2024 and July 30, 2024 , it has completed the farm down agreement with BW Energy. The sale of a 20% working … Read More
Global Petroleum reports that the farm-out transaction is progressing well, and all parties are working diligently towards a successful conclusion. We are also pleased to report renewed and new interest … Read More
Tower Resources announces that it has executed two farm-out agreements and associated documentation with Prime Global Energies Limited for minority, non-operated interests in its Thali license, offshore Cameroon, and PEL96 offshore Namibia. … Read More
