Reconnaissance Energy Africa (ReconAfrica) has signed a letter of intent with its partner the National Petroleum Company of Namibia (NAMCOR) to acquire half of NAMCOR’s 10% carried participating interest in the approximate 6.3 million acres petroleum exploration licence (PEL 73) in the Kavango basin, NE Namibia
Industry
Bartosz Kozik becomes global Dressta sales director
Dressta, the world renowned, full-line dozer manufacturer, has announced the appointment of Bartosz Kozik as global Dressta sales director
Valentine Ugbeide highlights Africa’s production challenges and economic growth
In an interview with African Energy Chamber (AEC), Valentine Ugbeide, executive chairman of Moore Oil Exploration and Production Nig Limited and CEO of Gremoore Limited, has shared his insights on Africa’s current production challenges and the role low carbon gas will play in driving economic growth
Uganda to be among top oil producers in Africa
As a final investment decision (FID) has been taken on Lake Albert Resources Development Project, Uganda is expected to emerge in the top six oil producers in Africa, according to GlobalData
Time to translate policy into reality for CCUS and hydrogen
A new report from global energy consultancy Wood Mackenzie highlights the need for companies and governments to make good on the pledges they made on energy transition technologies, including carbon capture, utilisation and storage (CCUS) and low-carbon hydrogen