South Africa News

Eco Atlantic Agrees to Buy Guyana-focused JHI

Mar 14, 2022

Oil and gas company Eco Atlantic has agreed to acquire 100% of Toronto-based JHI Associates Inc. ('JHI'), including JHI's 17.5% stake in the Canje Block offshore Guyana.The Canje Block, offshore Guyana, is directly adjacent to the prolific Stabroek…

Azinam Hires Island Innovator Rig for Gazania-1 Well, Offshore S. Africa

Mar 03, 2022

Oil and gas company Azinam, soon to be acquired by Eco Atlantic, has hired Island Drilling's Island Innovator semi-submersible drilling rig to drill the Gazania-1 well offshore S. Africa. The news comes in the wake of the recent significant…

TotalEnergies Could Lose S. Africa Offshore Block If It Does Not Submit Output Plan

Mar 02, 2022

Oil major TotalEnergies could see its license to develop a major offshore South African gas find scrapped if it does not submit a production plan by September, the oil and gas regulator said on Thursday.TotalEnergies discovered two large gas fields…

Eco Atlantic Firms Up Azinam Acquisition Deal

Feb 08, 2022

Oil and gas company Eco Atlantic has signed a firm agreement to acquire the South Africa and Namibia-focused oil firm Azinam, in return for a 16.5% equity stake in the enlarged company. The Sale and Purchase Agreement follows a memorandum of…

Shell Seismic Survey Approval Complied with Rules, S.Africa Minister Says

Jan 13, 2022

Shell's plan for seismic testing on South Africa's Wild Coast, which critics say threatens dolphins, seals, whales, penguins and other rare sea life, received all necessary environmental approvals, the country's energy minister said in a letter to parliament…

Eco Atlantic to Acquire Azinam's Offshore Blocks in Namibia, South Africa

Jan 11, 2022

Oil and gas company Eco Atlantic has signed a Memorandum of Understanding to acquire 100% of Azinam Group including Azinam's entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition…

S. Africa Court Stymies Shell Offshore Seismic Survey

Dec 28, 2021

A South African high court today blocked Shell from conducting seismic testing offshore from South Africa's pristine Wild Coast, in the latest ruling in a case seeking to prevent the oil major from exploring for oil and gas.On Dec. 3 a different…

S. Africans Protest against Shell's Offshore Oil Exploration

Dec 06, 2021

South Africans took to their beaches on Sunday to protest against plans by Royal Dutch Shell to do seismic oil exploration they say will threaten marine wildlife such as whales, dolphins, seals, and penguins on a pristine coastal stretch.A South…

Shell Wins Court Case to Kick Off Seismic Surveys Offshore South Africa

Dec 03, 2021

A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell from starting seismic surveys to explore for petroleum systems off the eastern seaboard's popular Wild Coast…

Shearwater in 'Major' 3D Seismic Project Offshore South Africa

Oct 18, 2021

Offshore seismic services contractor Shearwater GeoServices has secured what it says is “a major” 3D seismic survey contract for acquisition in South Africa.Using the Amazon Warrior seismic vessel, Shearwater will acquire over 6,000 square kilometers of 3D seismic data…

Shell Enters Impact Oil & Gas' South Africa Offshore Blocks

Aug 31, 2021

Oil major Shell has acquired a share in the Transkei & Algoa blocks offshore South Africa from Impact Oil & Gas.Following completion of the transaction, first agreed on in November 2020, Shell is now the operator of the block with a 50% stake and Impact Oil & Gas owns the remaining 50%…

Qatar Petroleum to Acquire Shares in Three Blocks Offshore South Africa

Jul 05, 2021

Qatar Petroleum has signed agreements with France's TotalEnergies to acquire interests in three offshore exploration blocks in South Africa.Subject to regulatory approvals, Qatar Petroleum will hold a 25% stake in the South Outeniqua block, a 30% interest in the DWOB block…

South Africa: Azinam, Panoro Enter Africa Energy's Offshore Block 2B

Apr 20, 2021

Oil companies Azinam and Panoro Energy have completed their previously announced acquisitions of stakes in Block 2B offshore South Africa, e containing the A-J1 oil discovery from 1988,  from Africa Energy Corp.Azinam has taken 50 percent and will become the operator…

Total Delays Offshore Drilling Plans in South Africa

Apr 14, 2021

French oil major Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed.The delay is…

Kosmos Energy Completes Sale of Frontier Exploration Assets to Shell

Dec 10, 2020

London-listed oil and gas company Kosmos Energy has partially completed the previously announced sale of its frontier offshore oil and gas exploration assets to Shell, with the South Africa transaction expected to complete in 2021.Under the agreement first announced in September…

Current News

COWI Secures Pre-FEED Contracts for Two Scottish Offshore Wind Farms

Fugro Gets Marine Survey Job at Indonesia’s LNG and CCS Scheme

Turkish Oil Terminal Halts Russian Oil Business

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

Subscribe for OE Digital E‑News