Continental Focus, International Reach

Africa Finance Corp Invests $14.1 Million in Developing Xlinks’ Morocco-UK Power Project

Xlinks First Ltd. has announced a $14.1 million investment from Africa Finance Corporation (AFC) to further the development of Xlinks’ Morocco – UK Power Project, which will provide affordable, reliable, clean energy from Morocco to Britain within a decade. AFC’s support marks a significant milestone for the project, affirming Morocco’s role as a continental renewable […]

May 1, 2024 Read More

Chevron Acquires 80% and Operator Status of Namibia’s Offshore PEL 82

Sintana Energy reports that Chevron’s Namibia subsidiary (CNEL) has entered an agreement which will see it enter Petroleum Exploration License 82 (PEL 82) with an 80% working interest and operatorship.  State firm NAMCOR and Custos Energy will each maintain a 10% carried interest in PEL 82.  Sintana maintains an indirect 49% interest in Custos. PEL […]

April 30, 2024 Read More

TotalEnergies Increases Stake in ROC’s Giant Moho Field and Sells Mature Assets

TotalEnergies announced that its Congo affiliate has signed an agreement with Trident Energy combining the acquisition of an additional 10% interest in the Moho license from Trident Energy and the sale to Trident Energy of its 53.5% interest in the Nkossa and Nsoko II licenses. Moho is a deep-offshore field located 80 kilometers off the […]

April 25, 2024 Read More