South Africa
Article
February 2019
U.S. inches closer to energy independence
News
February 07, 2019
Africa Oil Corp. has announced a significant discovery at the Brulpadda-1AX well on Block 11B/12B offshore South Africa. Africa Oil holds an indirect interest in the project as a result of its equity interest in Africa Energy (35%) and Impact Oil and Gas (30%).
News
February 07, 2019
South Africa’s first deep-water discovery may prompt a rush of activity as the country works to cut its reliance on imported fuels.
News
November 29, 2018
South Africa will introduce new oil and gas laws after elections next year, Mineral Resources Minister Gwede Mantashe said.
News
November 12, 2018
HE Minister Jeff Radebe, minister of energy of the Republic of South Africa, and Dr. Fatih Birol, executive director of the International Energy Agency, jointly announced South Africa’s decision to join the IEA as an association country.
News
November 06, 2018
South Africa today joined the International Energy Agency as an Association country, bringing one of the most dynamic countries on the African continent into the IEA family, and giving a major boost to global energy governance.
News
October 11, 2018
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, has announced the result of the well on the Central Blocks license, offshore Namibia.
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.
