Panoro Energy has announced that the Hibiscus South well (DHBSM-1) has made a commercial oil discovery on the Dussafu Marin Permit offshore Gabon (Panoro Energy 17.5% working interest)
Exploration
Africa's geothermal energy to soar by 2050, finds Rystad
Africa’s geothermal sector will attract at least US$35bn in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing energy demand
Ugandan Ministry tables Petroleum Supply (Amendment) Bill 2023 to empower UNOC
The Minister of Energy and Mineral Development, Ruth Nankabirwa, has tabled the Petroleum Supply (Amendment) Bill, 2023 that seeks to regulate the importation and supply of petroleum products in Uganda
ARA Petroleum Tanzania raises stake in Ruvuma Asset
ARA Petroleum Tanzania Limited (APT), an integral part of ARA Petroleum in Oman, has announced the successful completion of the acquisition of an additional 25% interest in the Ruvuma Asset from Scirocco Energy Plc (SCIR)
ReconAfrica streamlines portfolio to focus on exploration programme in Namibia
Reconnaissance Energy Africa (ReconAfrica) has entered into a definitive agreement for the sale of its Mexico operations