NAMIBIA: Shell Rumored to have Discovered Light Oil at Graff-1 Well
Oil major Shell which is currently drilling the Graff-1 well is rumored to have struck light oil in the upper level of the cratecous reservoir although it it is yet … Read More
Tag: South Africa
Namibia/South Africa: Eco Atlantic Acquires Azinam’s Asset Base
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
Africa to Continue Exploiting Hydrocarbon Resources While Exploring the Use of Renewable Energies – APPO
The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and … Read More
SOUTH AFRICA: Kinetiko Provides Korhaan Project Update
The three new wells of the Korhaan Project have been successfully spudded and each well has been drilled into the dolerite sills and Korhaan-4 has been cased to 150m and … Read More
SOUTH AFRICA: DNG Energy Ushers in a New Era for Energy Sector with the Commercial Launch of LNG Products
100% black-owned energy infrastructure company, DNG Energy has announced that it is commencing the delivery of liquefied natural gas (LNG) to commercial customers in the industrial, transport, marine and power … Read More
SOUTH AFRICA: Energy Lobby African Supports Shell’s Court Case Victory to Conduct Offshore Seismic Surveys
The African Energy Chamber has lauded the South African High Court’s decision to allow multinational oil and gas company Shell to conduct seismic surveys offshore South Africa. Following an 11th … Read More
SOUTH AFRICA: Energy Crisis Powers Businesses’ Desire for Self-sufficiency
By William Van Wyk The provision of stable electricity is one of the most divisive topics in South Africa, especially when businesses and citizens watch helplessly as the country is … Read More
SOUTH AFRICA: ENGIE Completes the Acquisition of Xina Solar One a 100MW Concentrated Solar Power plant
ENGIE has completed the acquisition of Abengoa’s indirect stake in Xina Solar One (Pty) Ltd. Following completion of the transaction, ENGIE will now hold a 40% equity stake in the … Read More
SOUTH AFRICA: UK Climate Investments & Norfund Invest in Joint Venture to Develop Renewable Assets
UKCI and Norfund are funding a South African joint venture partnership between H1 Holdings and Pele Green Energy to develop renewable energy assets on a 50/50 basis. Today, Macquarie-managed UK … Read More
SOUTH AFRICA: Block 11B/12B JV Contemplating Early Production System for a Phased Development of the Paddavissie Fairway
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