Afentra, an upstream oil and gas company focused on acquiring production and development assets in Africa, has provided an update regarding the previously announced Angolan acquisitions
Afentra receives government approval on Sonangol acquisition
Exploration
Kosmos Energy increases working interest by 90% at Yakaar-Teranga project
Kosmos Energy has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore Senegal
Panoro announces oil discovery from Hibiscus South well offshore Gabon
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)
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
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