Tag: mining exploration licence
The 2021 upstream petroleum resources development bill
Total S.A.'s (Total) initial discovery just over two years ago of gas concentrate in the Outeniqua Basin (Brulpadda prospect, Block 11B/12B) offshore South Africa, a deposit reportedly containing around one billion barrels of oil equivalent, has placed a spotlight on the potential of South Africa's upstream oil and gas industry.
Oil & gas – time to rethink licensing rounds
In late 2019, as the African oil and gas industry was looking to the future with optimism, an Offshore Engineer wrote that the continent had reason to expect a 'more productive 2020'. Instead, the unforeseen happened, and the COVID-19 pandemic had a devastating impact on the oil and gas industry in Africa and around the world.
