South Africa

News
December 15, 2023
Invictus Energy Ltd. has made a second gas discovery in the Mukuyu-2 well at its 80% owned Cabora Bassa project in Zimbabwe. The findings in both the Upper and Lower Angwa reservoirs substantially increase the resource potential in the Mukuyu gas field.
News
August 11, 2023
"It is wrong for Western environmental lobbies to interfere with Africans’ chance to build a better future with their oil and gas resources — just as the environmentalists' home countries have," writes NJ Ayuk of the African Energy Chamber.
News
March 30, 2023
South Africa has taken a proactive approach to developing its renewable energy sector and attracting investors.
News
March 29, 2023
"I believe South Africa should also continue to build upon intra-African collaboration, using African resources to generate and deliver energy domestically rather than exporting it abroad, said NJ Ayuk, Executive Chairman of the African Energy Chamber.
News
March 23, 2023
Seismic surveys use sound waves to help oil and gas companies build an image of hydrocarbon deposits buried deep underground. They are considered a fast and efficient way to map out new reserves, which is essential given that the world’s oil and gas supplies are dwindling even as energy demand is soaring, and renewables aren’t ready to do the heavy lifting of keeping the lights on around the globe.
News
March 21, 2023
Currently, the South African energy situation represents an economically challenging one, with the report identifying that the year 2022 witnessed new electricity outage records, with an over 300% increase in outage hours compared to 2021.
News
March 21, 2023
Eco Atlantic Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, and its partners are applying for Environmental Authorization to undertake exploration activities in Block 3B/4B in the Orange Basin off the Northern Cape/South-West Coast of South Africa.
News
March 09, 2023
RISC’s analysis of the license identifies total Unrisked Gross P50 Prospective Resources of approximately 4 Bboe. Exploration risk for the identified prospects and leads were assessed by RISC to range from 15% to 39%.
News
December 21, 2022
The revised initial exploration period will now expire in January 2024. Three additional periods totaling six years are available after the current period, with further possible extensions thereafter.
News
November 20, 2022
The area of interest in the deep-water Orange Basin is located offshore between Port Nolloth and Hondeklip Bay, about 188 km (117 miles) from the coast at its closest point, in water depths of as much as 3,000 meters.
News
August 22, 2022
Invictus Energy Ltd. plans to start drilling at its Cabora Bassa oil and gas prospect in northern Zimbabwe by early September.
News
August 04, 2022
The search for natural gas has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.
News
June 28, 2022
Canadian-based oil and gas exploration company, Eco Atlantic, through its subsidiary Azinam Limited, signed a farmout agreement for the acquisition of an additional 6.25% participating interest in Block 3B/4B offshore South Africa.
News
June 22, 2022
Eco Atlantic plans to spud the Gazania-1 well, 25 km (15 mi) offshore the Northern Cape in South Africa in September.
News
June 21, 2022
TotalEnergies SE in February said it had made a “significant” oil discovery off the coast of Namibia, three weeks after Shell Plc announced a find off the southwest African nation.
News
March 22, 2022
TotalEnergies SE is working on a plan to develop gas discoveries in South Africa with its partners and the government, according to its managing director in the country.
News
March 02, 2022
The African Energy Chamber sat with Ian Cloke, COO Afentra, to discuss the potential of what could engineer Namibia’s new era of hydrocarbon exploration and production for the country.
News
January 13, 2022
Just weeks after Royal Dutch Shell Plc was forced by a court to suspend a seismic survey seeking hydrocarbons in South African waters, activists are looking to block another such program.
News
January 05, 2022
The vessel hired by Royal Dutch Shell Plc to look for potential oil and gas fields is on course to leave South African waters after community groups won a court case to temporarily halt the activity.
News
January 01, 2021
Fighters linked to Islamic State raided a town less than 5 kilometers (3 miles) from the construction camp this week of what is Africa’s largest private investment, ratcheting up risks for the planned LNG export terminal on Mozambique’s northern coastline. While the heavily guarded site hasn’t been attacked yet, militants have made threats that they may do so.
News
December 24, 2019
South Africa published a long-anticipated draft of oil and gas legislation that will give the state a 20% carried interest in exploration and production rights, with the aim of increasing development of the industry.
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