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South Africa’s state-owned oil company Strategic Fuel Fund (SFF) will own and operate Block B2; In 2018, South Africa agreed to invest $1billion into South Sudan’s energy infrastructure; South Sudan has the third-largest oil reserves in sub-Saharan Africa, estimated at 3.5 billion barrels, with j
The signing of the new exploration and production sharing agreement (EPSA) between South Sudan and South Africa’s Strategic Fuel Fund (SFF) is a boost to the oil sector and promotes peace and stability within the country. This landmark oil deal marks yet another achievement for Africa’s growing energy investments and will provide further boost to South Sudan’s economic revival.
Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa.
Gas discovery in the offshore Outeniqua Basin speaks to South Africa’s hidden oil & gas potential; gives an opportunity for a meaningful dialogue on attractive legislation and local content development.
Masana Petroleum Solutions has completed a transaction with a new Broad Based Black Economic Empowerment (B-BBEE) consortium that will see the new partners acquire a 35% stake in the business after two of its founding shareholders exercised their right to realise their value in the company.
Intertek, a leading Total Quality Assurance provider to industries worldwide, has achieved its first industry accreditation in South Africa for flow metering verification.
Sasol has obtained approval from the Mozambique Council of Ministers for its field development plan (FDP) that will see further hydrocarbon resources developed to support Southern Africa growth.
In September of this year, SacOil announced the phase 2 kick-off of an intensive development programme of their Lagia Oil Field in Egypt.
The inaugural edition of the Africa Oil & Power conference (www.AfricaOilandPower.com) will be held June 6-7, 2016 at the Westin Hotel in Cape Town, South Africa. Endorsed by the Ministry of Mines, Industry and Energy of Equatorial Guinea and Hosted by Centurion Law Firm, Africa Oil & Power is an invitation-only event that strives to redefine energy conferences. It draws a premier crowd of ministers and senior level government officials and top executives of private sector companies spanning the entire value chain, including upstream, downstream, power generation and legal and finance.
Engen recently introduced the PETRONAS Disrol range of marine diesel engine oils to the African and Indian Ocean Island coastal territories.
Statoil has completed a farm-in transaction with ExxonMobil Exploration and Production South Africa Limited (ExxonMobil), acquiring a 35 percent interest in the ER 12/3/154 Tugela South Exploration Right.
The remaining interests are held by the operator ExxonMobil (40%) and co-venturer Impact Africa Limited (Impact Africa) (25%).
Today, 14 October 2015, the Commission is conducting a search and seizure (dawn raid) operation at the premises of African Oxygen Limited, Oryx Oil South Africa (Pty) Ltd, EasiGas (Pty) Ltd and the Liquefied Petroleum Gas Safety Association of Southern Africa (LPG Association) in Gauteng and Kaya
Easigas and Reatile Gaz are pleased to announce that they have entered into an agreement to merge their respective Southern African LPG operations.
The Fuels section of the 120 000 barrels-per-day Engen Refinery is up and running, following the completion of a 30–day maintenance outage at an estimated cost of over R150 million.
One of Nigeria’s top legal minds believes it is more cost effective for license and lease holders in the country to flare gas associated with the production of crude oil than to exploit the same for commercial gain.
