Acquisitions and Divestitures News in Namibia

Azule Energy Finalizes Namibian Farm-In Deal, Marking First International Expansion
12/19/2024 - Azule Energy – one of the largest independent equity producers of oil and gas in Angola and a joint venture between energy supermajors Eni and bp – recently announced the successful completion of its ...
Azule Energy completes Strategic Farm-In Agreement for Block 2914A (PEL85)
12/18/2024 - Following the May 2024 announcement of the Farm-Out Agreement for Block 2914A (PEL85), Offshore Namibia, Azule Energy announces that all customary third-party approvals from Namibian authorities an...
PEL 90 – QatarEnergy Farm-In
12/16/2024 - Sintana Energy Inc. (“Sintana” or the “Company”) is pleased to announce the entry of QatarEnergy into the Petroleum Exploration License 90 (“PEL 90”) joint venture through its acquisition of a 27.5% w...
QatarEnergy expands Namibia upstream footprint
12/15/2024 - QatarEnergy has entered into an agreement with Harmattan Energy Limited (HEL), an indirect subsidiary of Chevron Corporation, to acquire a working interest in the Petroleum Exploration License and Pet...
Global Petroleum Limited Provides Project Updates
11/27/2024 - Global Petroleum Limited is pleased to update our shareholders on the progression of the Namibia oil and gas PEL94 project ("PEL94") and Juno Project ("Juno").

PEL94, Namibia
Global ...
QatarEnergy acquires additional offshore exploration interests in Namibia
11/24/2024 - QatarEnergy has entered into an agreement with TotalEnergies to acquire an additional 5.25% interest in block 2913B (PEL 56) and an additional 4.695% interest in block 2912 (PEL 91), both located in t...
Pancontinental Energy Provides PEL 87 Project Update
11/21/2024 - Pancontinental Energy NL (“Pancontinental" or “Company”) is pleased to provide the following update in relation to its PEL 87 project, offshore Namibia.

As most recently reported by the Comp...
Global Petroleum Limited Announces Final Results for the Year Ended 30 June 2024
11/1/2024 -  Global announces its financial results for the year ended 30 June 2024.

Summary

Operational
· The focus during the reporting period, has been on ongoing e...
Africa Oil Completes Strategic Farm Down of Impact's Namibian Interests
11/1/2024 - Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") is pleased to announce that its investee company Impact Oil & Gas Limited (“Impact”) has completed the farm down (“Farm Down”) of its interests ...
Impact completes the farm out of its interests in Blocks 2912 & 2913B to TotalEnergies
11/1/2024 - Impact Oil & Gas Limited (“Impact” or the “Company”), a privately-owned, Africa-focused, exploration company is pleased to announce that following receipt of all the relevant regulatory approvals from...
Global Petroleum Announces PEL 94 License Update and Strategic Expansion
8/12/2024 - Global Petroleum Limited is pleased to provide the following update on the Company's recent developments and strategic progress as it continues to execute its growth plans.

Namibia: PE...
BW Energy completes farm-in and acquisition of securities of Reconnaissance Energy
8/1/2024 - (With reference to stock exchange release dated 17 July 2024 regarding Letter Agreement to acquire shares in Reconnaissance Energy Africa Ltd. and 20% interest in onshore exploration license PEL 73 in...
ReconAfrica Announces a Strategic Partnership with BW Energy to Explore Onshore Namibia
7/16/2024 - Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) announces it has signed a letter agreement (“Letter Agreement”), for a strategic farm down of Petroleum Exploration Licence 73 (“PEL ...
Acquiring two tankers and targeting West Africa’s offshore industry
7/10/2024 - Today, global oil and shipping group Monjasa reveals additional ownership of the two tankers, Monjasa Rover (17,200 DWT) and Monjasa Hunter (7,858 DWT). The latter joins as a unique fleet addition tar...
Africa Oil Announces Agreement to Consolidate the Remaining 50% Interest in Prome
6/24/2024 - Africa Oil Corp. ("Africa Oil", or the "Company") is pleased to announce it has reached an agreement with BTG Pactual Oil & Gas S.a.r.l. (“BTG Oil & Gas”) to consolidate their respective shareholdin...
Azule Energy Inks Farm-In Deal with Rhino Resources
5/3/2024 - The transaction showcases the high level of opportunity that lies in the Namibian Orange Basin – one of the world’s most promising offshore exploration prospects.

International energy company...
Azule & Rhino Resources announce strategic farm-in agreement for Block 2914A (PEL 85)
5/3/2024 - Azule Energy, an independent joint venture created in 2022 by combining bp and Eni assets in Angola, and Rhino Resources Namibia have announced the execution of a farm-in agreement which, on completio...
Chevron acquires 80 percent interest and operatorship of PEL 82, offshore Namibia
4/29/2024 - Sintana Energy Inc. is pleased to announce that Chevron Namibia Exploration Limited (“CNEL”), an affiliate of Chevron Corp. (“CVX”) has executed an agreement effective April 28th that provides for the...
20% Working Interest Successfully Transferred to 88 Energy for Stage 1 of Farm in to PEL 93
2/22/2024 - Highlights
• 20% working interest in PEL 93 successfully transferred (WI Transfer) to 88 Energy (or the Company) as part of Stage 1 of a three-stage farm-in agreement (Farm-in Agreement).
...
TotalEnergies Increases its Interests in Offshore Blocks 2913B and 2912
1/10/2024 - TotalEnergies has signed an agreement to acquire from Impact Oil and Gas Namibia (Pty) Ltd (“Impact”) an additional 10.5% participating interest in block 2913B and an additional 9.39% participating in...

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