Africa's Oil, Gas and Energy News.
By NJ Ayuk, Executive Chairman, African Energy Chamber Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and 2.2 trillion … Read More
88 Energy has announced the awarding of the 2D seismic data acquisition program for PEL 93 to Polaris. This program is set to acquire a minimum of ~200-line km of low-impact 2D seismic. 88 … Read More
Azule Energy and Rhino Resources Namibia announce the execution of a farm-in agreement. The agreement will grant Azule a 42.5% interest in Block 2914A located in the offshore Namibian Orange … Read More
88 Energy Limitedhas advised that it has successfully completed a bookbuild to domestic and international institutional and sophisticated investors to raise A$9.9 million (approx. £5.23 million) before costs. Placement proceeds … Read More
Further to previous updates provided during Q1 2024, Galp (the license operator with an 80% interest) together with its partners NAMCOR and Custos, has successfully completed the first phase of the Mopane exploration … Read More
Galp together with its partners NAMCOR and Custos, has successfully drilled the Mopane-2X well to its designed depth, in block PEL83. Drilling encountered a significant column with light oil in reservoirs of high quality. The AVO-3 exploration … Read More
REPORT HIGHLIGHTS(1) Brian Reinsborough, President and CEO commented: “Since assuming the role of CEO in Augustof last year, I have assembled a team of experienced explorationists, led by Chris Sembritzky,Senior … Read More
ReconAfrica continues to pursue activities as it prepares to start a multi-well drilling campaign in 2024. To date, all surveying activity has been completed, with demining activities complete on the … Read More
Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has successfully drilled, cored, and logged a deeper target (AVO-2) of the Mopane-1X well in block PEL83, offshore Namibia. In AVO-2, Galp has also discovered a significant … Read More
Galp (80%, operator), together with its partners NAMCOR and Custos (10% each), has drilled and logged the first exploration well (Mopane-1X) in block PEL83, offshore Namibia. Building on the previous announcement dated January 2, Galp now confirms … Read More
