Acquisitions and Divestitures News in South Africa

Africa Oil Announces Increase in its Interest in the Core Orange Basin Block 3B/4B
1/13/2025 - Africa Oil Corp. (“Africa Oil”, or the “Company”) announces an increase in the group’s direct interest in Block 3B/4B, offshore South Africa, to 18.0%. This block lies to the southeast and on trend wi...
Eco Atlantic Announces Block 3B/4B Transaction Completion and Board Changes
1/13/2025 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, is pleased to announce completion of its transaction with Africa Oil Corp. ("Africa Oil") a...
Petrobras reports on operations in South Africa
10/1/2024 - Petrobras informs that its Board of Directors has approved the company's operations in South Africa, enabling the acquisition of a stake in the Deep Western Orange Basin (DWOB) block, through a compet...
Eco Atlantic Completes Farm Down in Block 3B/4B Orange Basin to TotalEnergies & QatarEnergy
8/28/2024 - Eco (Atlantic) Oil & Gas Ltd. , the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa , Namibia , and Guyana , is pleased to announce completion of a farm down o...
Africa Oil Completes the Strategic Farm Down for Orange Basin Block 3B/4B
8/28/2024 - Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to announce the completion of Africa Oil SA Corp.’s (“AOSAC”) strategic farm down agreement (“Agreement”) with TotalEnergies EP South Afri...
TotalEnergies exits from offshore Blocks 11B/12B and 5/6/7
7/29/2024 - Following the decision of the partner CNRI to withdraw from Block 11B/12B, TotalEnergies also announces its withdrawal from this block, off the Southern coast of South Africa, in which its affiliate T...
Eco Atlantic Announces Transaction with Africa Oil Corp. and Corporate Update
7/29/2024 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana, is pleased to announce it has signed an Assignment and...
Africa Energy Announces Block 11B/12B Operations Update
7/29/2024 - Africa Energy Corp. (“Africa Energy” or the “Company”) announces that TotalEnergies EP South Africa B.V. and QatarEnergy International E&P LLC have provided notice to the joint venture partners that...
Sankofa Events to Acquire Africa Oil Week, Heralding New Era of Inclusive Energy Dialogue
7/19/2024 - Africa Oil Week (AOW) – an Africa-hosted oil and gas conference – will be acquired by Sankofa Events, a London startup created in July 2024, led by Paul Sinclair – former Government Relations Executiv...
Africa Energy Announces Block 11B/12B Operations Update
7/1/2024 - Africa Energy Corp. ("Africa Energy" or the "Company") announces that CNR International (South Africa) Limited ("CNR") has provided notice to the joint venture partners that it will withdraw from its ...
Magnora ASA: Project sale to Red Rocket in South Africa
6/21/2024 - On 20 June, Magnora signed a deal for the sale of a project site to Red Rocket, one of the top-tier independent power providers in South Africa.

The project site is located in a strategic ...
Eco Atlantic Farms into 20,000km2 Block 1 Offshore Orange Basin South Africa / Namibia Border
6/5/2024 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, announces the Farm-In into Block 1 Offshore South Africa Orange Basin. Through its 100% own...
Eco (Atlantic) Farms into South Africa’s Block 1 Amid Slate of Orange Basin Discoveries
6/5/2024 - Following sizeable finds made in the Namibian side of the Orange Basin, South Africa’s offshore blocks offer promising opportunities for frontier E&P players.

Oil and gas exploration company ...
Minister Mantashe Welcomes the Successful Conclusion of the Sale of SAPREF Refinery
5/27/2024 - The Minister of Mineral Resources and Energy, Mr. Gwede Mantashe, has welcomed the conclusion of the Sale Purchase Agreement between bp Southern Africa (Pty) Ltd (bpSA) and Shell Downstream South Afri...
Savannah Energy Provides South Sudan Acquisition Update
4/5/2024 - Further to the Company's announcement on 28 March 2024, the Company provides the following additional information on its proposed acquisition of PETRONAS International Corporation Limited's energy bus...
TotalEnergies expands its Presence in the Orange Basin with New Offshore Exploration License
3/6/2024 - TotalEnergies has signed, together with its partner QatarEnergy, an agreement to acquire participating interests in Block 3B/4B, offshore South Africa, from Africa Oil South Africa, Azinam (a wholly o...
Westmount Announces Investees' Farm-down to TotalEnergies and Qatar Energy
3/6/2024 - Westmount Energy Limited, the AIM-quoted oil and gas investing company focussed on high impact drilling outcomes in emerging basins, is pleased to note this morning's announcements by its investee com...
Africa Oil Announces Strategic Farm down Agreement for Its Orange Basin Block 3B/4B
3/6/2024 - Africa Oil Corp. (“Africa Oil”, or the “Company”) is pleased to announce its wholly-owned subsidiary, Africa Oil SA Corp. (“AOSAC”) has signed a strategic farm down agreement (“Agreement”) with Tota...
QatarEnergy Enters New Exploration Block Offshore South Africa
3/6/2024 - QatarEnergy and TotalEnergies have signed a farm-in agreement with Africa Oil Corporation, Ricocure, and Eco Atlantic Oil & Gas to acquire participating interests in Block 3B/4B, offshore South Africa...
Strategic Farm down in Block 3B/4B Orange Basin South Africa to TotalEnergies & QatarEnergy
3/6/2024 - Eco (Atlantic) Oil & Gas Ltd., ("Eco") the oil and gas exploration company focused on the offshore Atlantic Margins in South Africa, Namibia, and Guyana, is pleased to announce it has signed a Farmout...

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