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/CNW/ - Africa Energy Corp. (TSXV: AFE) (Nasdaq First North Growth Market: AEC) ("Africa Energy" or the "Company") held its annual general and special meeting.
Africa Energy seeks rig for third quarter
Africa Energy is seeking a rig to drill the Gazania-1 well, offshore South Africa in the third quarter of the year.
Updated: 11/05/2021, 9:26 am
The Deepsea Stavanger in South Africa
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Africa Energy is seeking a rig to drill the Gazania-1 well, offshore South Africa in the third quarter of the year.
The company recently closed the farm out of equity in Block 2B to Azinam and Panoro Energy. The two new companies are in line to pay a disproportionate share of the costs for the Gazania well.
Nana Madwe December 28, 2020
In the past twelve months, the global oil and gas industry has faced significant disruption from COVID-19 and resultant dual supply and demand shocks. In its annual review, Africa Oil & Power (AOP) highlights the key developments that have not only shaped 2020, but also influenced energy investment and policy on the continent in 2021 and beyond.
January
Africa Oil acquired 50% ownership interest in Petrobras Oil and Gas BV for $519.5 million. The remaining 50% will be retained by BTG Pactual E&P. With a view to extensive deep offshore exploration potential in the country, join AOP at the first-ever Nigeria Oil, Gas & Power 2021 Conference & Exhibition for two days of discussions and deal-making surrounding Nigeria’s upcoming gas monetization initiatives, downstream diversification and marginal fields licensing round.