Formal completion of the acquisition is expected by the second quarter of the year. (Image source: Adobe Stock)
The Government of Angola has approved Afentra's acquisition of a 12% non-operating interest in Block 3/05 and a 16% non-operating interest in Block 3/05A from Azule Energy Angola Production B.V.
PEL 82 governs blocks 2112B AND 2212A located in the Walvis Basin, offshore Namibia. (Image source: Custos Energy)
In a major agreement, Chevron Namibia Exploration Limited has now entered Petroleum Exploration License 82 (PEL 82) with an 80% working interest and operatorship
Halliburton will provide complete solutions to construct exploration and appraisal wells, along with testing services. (Image source: Halliburton)
Halliburton has been awarded a deep water integrated multi-well construction contract by Rhino Resources Ltd
PEL97 includes blocks 2815 and 2915. (Image source: Sintana Energy)
In a definitive agreement with private Namibian company, Crown Energy, Sintana Energy will be acquiring 67% of the issued and outstanding shares of Giraffe Energy Investments from Crown
The yield from Awoba is also expected to push gas supply to the power sector and other gas-based industries. (Image source: Adobe Stock)
The Awoba Unit Field in Port Harcourt which resumed production after more than two years is yeilding 8000 barrels of oil per day, and is expected to reach 12,0000 bopd in a month
