Sacoil Buys 71% Stake in South Africa’s Afric Oil Group

• Monday, 13th March 2017
• by

Sacoil, the South African based independent African oil and gas company, said mid-March that it had acquired a 71% interest in Afric Oil Group, Engineering News informed. The stake is controlled indirectly and was sec...

SacOil Settled Nigdel Dispute

• Thursday, 13th October 2016
• by Egypt Oil & Gas

SacOil, an independent oil and gas company, has entered into a settlement agreement, with Nigdel United Oil Company Ltd, relating to the SacOil’s legacy involvement in Oil Prospecting License (OPL) 233 in Nigeri...

South African Investors Compete over Mozambican Gas Pipelines

• Sunday, 6th March 2016
• by Egypt Oil & Gas

South African investors seek to construct two gas pipelines for the transportation of Mozambican gas to the country, Interfax Energy reported. South African SacOil has signed a cooperation agreement with Chinese and M...

DRC, SacOil, Total Get Extension for Block III License

• Sunday, 25th October 2015
• by Egypt Oil & Gas

Following application to the Ministry of Hydrocarbons of the Democratic Republic of Congo (DRC), the joint venture partners, with Total E&P RDC as operator, had the Block III license extended for an additional tw...