Five out of 18 licences put up for auction have been awarded.
Italian super-major Eni signed a contract for the offshore Block P license, located near the Greater Sunrise field.
Australia’s Santos won the offshore exploration licence for Block R.
State-owned Timor Gap acquired the rights to explore onshore Block A.
Timorese fuel distributor Esperança Timor Oan was awarded rights to onshore Block B.
Kazakhstan’s HTS Exploration signed on to explore onshore Block F.
A total of seven companies bid on six blocks under the round.
Chevron has signed a deal with NAMCOR to develop an offshore block in the Walvis Basin, the Namibian NOC was… Read More
Ørsted’s Greater Changhua 1 and 2a offshore wind farms are in operation in Taiwan and their combined 900 MW of… Read More
SkyPower Global has signed a 1-GW power purchase agreement with state-owned Zambia Electricity Supply Corp Read More
The government of Angola has approved Afentra’s acquisition of a 12% non-operating interest in offshore Block 3/05 and a 16%… Read More
TotalEnergies has agreed with US player Vanguard Renewables to jointly develop renewable natural gas (RNG) in the USA, the French… Read More
Canadian exploration player Sintana Energy has expanded in Namibia’s Orange Basin with a deal to acquire up to 67% in… Read More
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