“Unless Namibia puts together a narrative to win the energy transition war, [the country’s] oil will remain in the ground.”
“We have a very strategic position in the basin,” Eco CEO Gil Holzman said this week. “Block 3B/4B is exactly on trend with Graff and Venus”, Shell and Total’s finds respectively.
Mantashe made it clear that he blamed foreign-funded NGOs for the slow process of development. “They block development in our country”.
Eco Atlantic has begun the regulatory process of applying for an exploration well offshore South Africa in the Orange Basin.
Shell spudded the Jonker well in December. “I’m not saying anything apart from to say it is going well, it is going very well,” Shino said to applause.
South Africa is dusting off seismic plans once more as it aims to launch a licensing round, following the passage of long delayed upstream laws.
Chevron has completed its farm in to a licence offshore Namibia, close to the Venus and Graff discoveries by TotalEnergies and Shell respectively.
Searcher Seismic has filed for a new application to shoot 3D seismic offshore South Africa, in what is set to be a new test for the country’s willingness to approve such work.
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Namibia has leapt to the forefront of exploration thinking with the Venus and Graff discoveries earlier this year, but there are opportunities beyond TotalEnergies and Shell.
Eco Atlantic Oil & Gas has completed its acquisition of Azinam Group, setting the stage for drilling offshore South Africa late this year.
QatarEnergy (QE) has signed up to support Namcor, following two high-profile discoveries in the Southern African state.
Eco Atlantic Oil & Gas has signed a drilling contract for the Island Innovator semi-submersible to work on the upcoming Gazania-1 well.
Eco Atlantic Oil & Gas has signed a definitive agreement to acquire Azinam Group, focused on the emerging areas off South Africa and Namibia.
Shell’s Graff-1 well has made a “significant” discovery offshore Namibia, Reuters has reported citing three industry sources.
Eco (Atlantic) Oil & Gas is buying South Africa and Namibia-focused Azinam, with CEO Gil Holzman talking of building a major exploration focused independent.
With Shell’s seismic plans in disarray, South African activists are turning their sights on more offshore plans from Searcher Seismic.
Shell has spudded the Graff-1 exploration well, offshore Namibia, as TotalEnergies continues drilling on the nearby Venus prospect.
TotalEnergies has spudded the Venus-1X exploration well offshore Namibia, in Block 2913B.
The Maersk Voyager has set sail for the Venus site, offshore Namibia, where it will drill perhaps the most hotly anticipated well of the year in Africa for TotalEnergies.
Exploration companies big and small are warming up for a busy next 12 months – although some have warned this may be the last such push in the energy industry.
Qatar Petroleum (QP) has signed deals with TotalEnergies on entering three more offshore exploration blocks in South Africa.
Qatar Petroleum (QP) has struck a deal to work with Shell at two blocks offshore Namibia.
iMbokodo Exploration and Production is a South African company with a difference, it is led by women and has the cash to back up its aspirations.
Africa Energy has signed farm-out agreements on Block 2B offshore South Africa, with Panoro Energy and Azinam.