One full month to Christmas 2023, Invictus Energy, the Australian junior working up a promising onshore exploration tract in Zimbabwe, declared that it had made a discovery of natural gas in the second well it was drilling on the Mukuyu structure, in the landlocked country.
Less than 10 days later, Invictus reported it had signed a Memorandum of Understanding (MoU) with investors who have a sight to potential offtake of the gas. We are not sure we were the only ones who were confused about a so-called discovery whose economic validation was far from certain being subject of offtake agreement.
But what was clear to us was that Zimbabwe, as a key member of the Southern African community would, like other members: Namibia, South Africa, Mozambique, remain an active source of hydrocarbon headline news in 2024.
The French major TOTALEnergies pronounced, in a major technical presentation at the Africa Energy Week, in Cape Town November 2023, that it would be running regionwide seismic operations and drilling in the Orange basin in South Africa and Namibia, far into 2024 and beyond. Despite the clear systemic opposition to oil and gas exploration and development by the South African political and business elite, TOTAL will be attempting to find more hub sized accumulations in the country.
An there’s one more: Is TOTAL likely to return to the site of its 13Million Tonne per Annum Liquefied Natural Gas facility in Mozambique in 2024?
We invite you to become a paying subscriber of our monthly harvest and go through a number of operational events that will run through the year -from seismic activity through drilling count to oil field construction and FID issues. Our theme is Who Is Doing What and Where in 2024?
The Africa Oil+Gas Report is the primer of the hydrocarbon industry on the continent. It is the market leader in local contextualizing of global developments and policy issues and is the go-to medium for decision makers, whether they be international corporations or local entrepreneurs, technical enterprises or financing institutions. Published by the Festac News Press Limited since 2001, AOGR is a paid subscription, monthly hard copy and e-copy publication delivered around the world. Its website remains www.africaoilgasreport.com, and the contact email address is email@example.com. Contact telephone numbers in the West African regional headquarters in Lagos are +2348124374087, +2348130733523, +2347062420127, +2348036525979, +2348023902519.