South Africa
News
October 01, 2018
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has announced that the Ocean Rig Poseidon, a sixth generation deepwater drillship, has commenced its mobilization with estimated arrival at the Prospect S well location in Namibia in the next 24 hours.
News
September 27, 2018
Eco (Atlantic) Oil & Gas Ltd., an oil exploration focused company with licenses in the highly prospective regions of offshore Guyana and in the Walvis basin offshore Namibia, has updated the market on its PEL 30 Block (Cooper Block) in Namibia.
News
September 24, 2018
Tullow Oil Plc said an exploration well off Namibia was a dud, damping enthusiasm over a frontier area that’s attracted renewed interest amid oil’s recovery.
News
September 11, 2018
Azinam Limited, the Seacrest Capital-backed Southwest African oil exploration company, has announced the acquisition of a 40% operating interest in Block 3B/4B and a 51% operating interest in Nearshore Block 3B/4B in the Orange basin, offshore South Africa, with Ricocure (Pty) Ltd retaining 60% and 49% in the blocks, respectively.
News
August 14, 2018
Azinam Limited (Azinam), the Seacrest Capital Group-backed Namibian explorer, is pleased to announce that ExxonMobil Namibia (PEL44) Limited, an affiliate of ExxonMobil Corp., has entered into an agreement with Azinam to acquire a 30% interest in Petroleum Exploration License (PEL) 44, offshore Namibia.
News
July 12, 2018
Saudi Arabia intends to invest as much as $10 billion in South Africa’s economy, with a focus on energy.
News
July 02, 2018
Eco (Atlantic) Oil & Gas Ltd. has announced that it has been granted a one-year extension to March 20, 2019, for the First Renewal Period of the PEL50 license, covering its offshore Tamar Block.
News
June 29, 2018
South Africa’s Department of Mineral Resources has issued a moratorium on new applications for petroleum exploration and development in order to change its licensing process.
News
June 04, 2018
Azinam Limited, the Seacrest Capital Group backed explorer focused on offshore Namibia, has announced that the Ocean Rig Poseidon sixth generation deepwater drillship has been contracted by the license partnership to drill one firm and one optional well, with the first well targeting Prospect S, located in Petroleum Exploration Licence (PEL) 71, offshore Namibia.
News
May 29, 2018
For oil traders, there’s no place quite like Saldanha Bay. When prices slumped in 2014, trading houses generated outsize profits by storing millions of bbl of crude in the deep-water harbor north of Cape Town.
News
May 21, 2018
Azinam Limited, the Seacrest Capital Group backed explorer focused on offshore Namibia, is pleased to announce that it is planning a multi-well drilling campaign over the next 24 months.
News
May 04, 2018
French energy giant Total SA plans to boost oil exploration and open more fuel stations in Africa’s most industrialized country.
Article
April 2018
Deep Sea Mooring (DSM) has announced that it is now carrying out operations for Maersk Drilling in Trinidad.
News
March 29, 2018
Clashes flared between Sudan Sudanese troops and rebels, complicating talks to end the civil war that has cut oil production, two days after a regional bloc called for the insurgents’ leader to be freed from house arrest in South Africa.
News
March 08, 2018
Africa Oil Corp. has announced that it has completed the previously announced (Feb. 7, 2018) investment in Impact Oil and Gas Limited, a private UK company with exploration assets in South and West Africa.
Article
March 2018
Africa Energy Corp. CEO Garrett Soden says exploration efforts in the region are taking off, increasing the potential for a “Johan Sverdrup-type” discovery offshore
South Africa.
Article
March 2018
Fugro has begun a series of geophysical and geotechnical surveys for ADNOC’s Hail and Ghasha development in the UAE’s Arabian Gulf.
News
February 26, 2018
Africa Energy Corp. has received notice from the Petroleum Agency of South Africa granting a two-year renewal of the Exploration Right for Block 2B offshore the Republic of South Africa.
News
February 05, 2018
Qatar Petroleum entered into an agreement with Total of France to acquire a 25% participating interest in the Exploration Block 11B/12B, offshore South Africa.
News
November 21, 2017
Eco (Atlantic) Oil & Gas Ltd., is delighted to announce that ONGC Videsh, through its wholly owned subsidiary ONGC Videsh Vankorneft Pte. Ltd. (OVVL), has entered into agreement with Tullow Namibia Limited whereby OVVL will acquire a 15% working interest in the Cooper Block.
News
November 20, 2017
Africa Energy Corp. announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa.
