PetroSA seeks backers for Mossel Bay overhaul
PetroSA set out some particular thoughts about who it wanted to apply. Top of the list are state-backed companies from oil and gas producing states, which can access feedstock and capital.
PetroSA set out some particular thoughts about who it wanted to apply. Top of the list are state-backed companies from oil and gas producing states, which can access feedstock and capital.
TotalEnergies can develop gas offshore South Africa responsibly, the CEO has argued, and help the country reduce emissions.
South Africa can develop its natural resources and achieve net zero, according to one industry insider, but more must be done legislatively and to secure community support.
Two NGOs have officially launched a protest aiming to derail TotalEnergies’ plans to develop gas fields offshore South Africa.
Africa Oil (TSX:AOI) expects a number of developments in the next month or so, including the spud of the Gazania well, an extension to its licence in Nigeria and the signing of a Kenya deal.
South Africa needs new power generation, but just how additional supply should be delivered is a matter of much – and increasingly heated – debate.
TotalEnergies has submitted an application to convert its exploration right offshore South Africa into a production right.
The Island Innovator rig is on its way to South Africa, where it should begin drilling the Gazania-1 well by the end of September.
Searcher Seismic has filed for a new application to shoot 3D seismic offshore South Africa, in what is set to be a new test for the country’s willingness to approve such work.
Major deepwater discoveries will require major project developments to commercialise, with gas playing a crucial role, analysts from IHS Markit have said during a recent webinar, in association with the African Energy Chamber.
South Africa sees it as “imperative” to add more gas suppliers, in order to help develop the local sector.
Africa Energy has sung the praises of an early production system (EPS) plan to develop gas discoveries offshore South Africa.
Discoveries offshore South Africa have “no clear route to commercialisation”, according to GlobalData.
As with the global industry, African exploration and production plans hit the COVID-19 and oil price-crash roadblock.
Total has tested the Luiperd-1X well at a maximum rate of 9,820 barrels of oil equivalent per day, limited by surface equipment.
Impact Oil and Gas has farmed in to Area 2, offshore South Africa, under a deal with Silver Wave Energy.
Energy Voice’s latest podcast, in association with the International School Aberdeen, is a real diamond in the rough.
Total’s Luiperd gas condensate discovery has been sufficient to end drilling in South Africa’s Block 11B/12B, leaving some exploration options tantalisingly undrilled.
Total has made a second discovery offshore South Africa in the Outeniqua Basin, following the Brulpadda discovery of 2019.
Few companies are paying down debt while staying bullish on exploration plans, but Africa Oil is an exception.
Total has spudded the Luiperd-1X well, offshore South Africa, as ExxonMobil has confirmed its exit from the state.
South African Mineral Resources and Energy Minister Gwede Mantashe has welcomed Odjfell Drilling’s Deepsea Stavanger to Cape Towin.
The Odjfell Deepsea Stavanger is on its way to South Africa, to drill more wells for Total.
Africa Oil paid down $45.2 million of its debt during the first quarter, after receiving $87.5mn from its stake in three major Nigerian oilfields.
Drilling is expected to go ahead as planned at South Africa’s Block 11B/12B, with the first Luiperd well due in June.