South Africa | Egypt Oil & Gas
Petrobras Expands Operations in South Africa, Acquiring Offshore Block in Orange Basin
Petrobras has acquired a 10% stake in the Deep Western Orange Basin (DWOB) block after the Board of Directors has given the green light to begin operations in South Africa. The DWOB block is located in deep waters in ...
TotalEnergies Exits Some Blocks Offshore South Africa
TotalEnergies has announced its withdrawal from Blocks 11B and 12B off the southern coast of South Africa, in which its affiliate TotalEnergies EP South Africa has exited holds a 45% interest. This followed the decisi...
TotalEnergies Inks CPPA to Decarbonize Sasol, Air Liquide Production
TotalEnergies has signed Corporate Power Purchase Agreements (CPPA) with Sasol South Africa and Air Liquide Large Industries South Africa for the supply of 260 MW capacity of renewable electricity over 20 years. Total...
Major South African Investor Eyes Egypt’s Gold Mining Industry
Minister of Petroleum and Mineral Resources Tarek El Molla met with Peter Steenkamp, the Chairman of South Africa’s largest mining company, Harmony Gold, to discuss the investment opportunities available in th...
Qatar Petroleum Enter Agreement with TotalEnergies to Acquire Interests in South Africa Blocks
Qatar Petroleum has signed agreements with TotalEnergies for acquiring working interest in three offshore exploration blocks in South Africa, a press release reported. According to the terms of the agreements, Qatar P...
Africa Energy Increases South African Presence
Africa Energy Corporation has signed definitive agreements to increase the company’s effective interest in Block 11B/12B offshore South Africa from 4.9% to 10%, according to a press release. Garrett Soden, the company...
Renergen to Host South Africa’s First LNG Auction
South African domestic natural gas producer, Renergen, is set to host South Africa’s first-ever liquefied natural gas (LNG) auction, according to a press release. The natural gas for auction will come from Renergen’s ...
South Sudan Expects More FDI in Oil Production
Foreign direct investments (FDI) in South Sudan increased to reach around $1 billion, compared with $250 million in fiscal year (FY) 2016/17, according to the South Sudanese Investment Authority’s Secretary-General, A...
