TotalEnergies SE is planning to explore for oil offshore South Africa’s West Coast, where environmental groups have increasingly opposed such activity. The French explorer proposes to drill one well, which could result in an additional nine wells depending on the success of the first, SLR Consulting Ltd., which is doing …
Read More »Shell Takes Operatorship of 2 Blocks Offshore South Africa
Africa-focused exploration company Impact Oil & Gas Limited has completed the farm-out of 50 percent working interest and operatorship in the Transkei & Algoa exploration right offshore South Africa to oil major Shell. Impact Oil & Gas stated that the transaction was completed between its wholly owned subsidiary Impact Africa …
Read More »Total Sends Drilling Rig to South Africa to Duplicate Massive Find
French oil giant Total SA has sent a drilling rig to South Africa in the hopes of duplicating its massive find there last February, Total’s partner in the project Africa Energy Corp said in a press release on Thursday. According to Africa Energy Corp, the Odfjell Deepsea Stavanger sem-submersible rig …
Read More »World’s Deepest Gold Mines on a Cliff as Virus Cuts Output
South Africa’s gold industry output has dwindled to a fifth of its 1970s’ peak as ever-deepening shafts and higher costs take their toll. The coronavirus may pose an even bigger threat.
Read More »Tata Power Completes Sale of South African JV Cynnergi
Exxaro now fully owns two of Cynnergi’s wind farms in South Africa.
Read More »Iran. South Africa Enjoy Potentials for More Trade
The two countries of Iran and South Africa enjoy high potentials and capacities for promoting economic relations. putting the current volume of trade exchanged between Islamic Republic of Iran and South Africa at less than $100 million.
Read More »Investment Trend Facilitated for S Africa in Iran
Bilateral relations between Islamic Republic of Iran and South Africa requires a breakthrough in economic cooperation. the issue of which depends on efforts of South Africa in this respect.
Read More »UK Climate Investments Backs Clean Energy Projects in South Africa
It is supporting the development of 254MW of renewable energy projects.
Read More »US Sanctions S. African over N. Korea Ties
The sanction freezes any property or interests of the designated individual within the US or in possession of US citizens.
Read More »Iran Aims to Boost Non-Oil Exports to Africa by 2020
The trade exchange volume between two countries is now about $400 million.
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