Oil and gas company Eco Atlantic has signed a firm agreement to acquire the South Africa and Namibia-focused oil firm Azinam, in return for a 16.5% equity stake in the enlarged company. The Sale and Purchase Agreement follows a memorandum of鈥
Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition鈥
Africa-focused oil and gas firm Tower Resources has said it has raised £1.5 million (~$2 million) via a placing and subscription of 576,923,077 new ordinary shares of 0.001p each at a price of 0.26 pence per placing share, a discount of 29% to the closing share price on January 13鈥
TotalEnergies has spudded the Venus-1X offshore exploration well in Namibia's Block 2913B (PEL 56). The well, seen as potentially transformational for the Namibian oil industry, is being drilled in 3,000 meters water depth.The news of the drilling鈥
Africa-focused oil and gas company Chariot has informed that the Stena Don semi-submersible drilling rig has started its mobilization to Morocco.The drilling rig was recently used by the UK-focused oil company Tailwind to drill the Evelyn field development well鈥
Oslo-listed oil and gas company BW Energy has agreed to buy the semi-submersible drilling rig 'Leo', from Aquadrill, a Seadrill affiliate, to use as a production unit for offshore field development in Namibia.Leo (ex-West Leo) is a 6th generation鈥
French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola鈥檚 Block 48. The contract extension has an estimated duration of 54 days,鈥
云顶赌场老虎机 vessel owner Bourbon has secured a contract with Shell to provide international freight forwarding, integrated logistics services, and platform supply vessel services to support two deepwater offshore exploration campaigns in Namibia and Sao Tomé鈥
云顶赌场老虎机 drilling firm Valaris has secured contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for its drillship VALARIS DS-10.The contracts for the 2017-delivered offshore rig are each for one well鈥
Oil and gas firm Chariot has signed a binding letter of intent with oilfield services giant Halliburton for services on Chariot's planned Anchois gas appraisal well within the Lixus licence, offshore Morocco.The agreement with Halliburton follows鈥
Oil and gas company Chariot has signed a contract with offshore drilling firm Stena Drilling to use its Stena Don drilling rig for the Anchois gas appraisal well within the Lixus licence, offshore Morocco.Drilling operations are expected to鈥
云顶赌场老虎机 drilling firm Valaris said Thursday its CEO Tom Burke would step down from his position as President and Chief Executive Officer and member of the Board of Directors, and that its CFO Jon Baksht would step down, too, both effective September 2鈥
Africa-focused oil and gas company Chariot has appointed David Brecknock to the role of Drilling Manager, to lead the company's planned Anchois gas appraisal well drilling within the Lixus licence, offshore Morocco.The objectives of the drilling鈥
Qatar Petroleum has signed a deal with oil major Shell to become a partner in two exploration blocks offshore Namibia.Under the deal, for which financial details were not disclosed, Qatar Petroleum will hold a 45% participating interest in the鈥
Debmarine Namibia, a subsidiary of Anglo American's diamond unit De Beers, on Monday reported a 13% drop in production to 1.125 million carats last year as demand slumped during the COVID-19 pandemic.Namibia has the richest known marine diamond deposits in the world鈥
