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Country summary: South Africa

energy-pedia opportunities - South Africa:
Current deals: 2
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Completed deals: 40

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South Africa - recent news

01 Jul 25
Magnora ASA: Globeleq reaches financial close for the 153MW Red Sands BESS project which triggers a final milestone payment to Magnora
Magnora has announced that Globeleq, together with its local partners, has successfully reached financial close for the 153 MW / 612 MWh Red Sands battery storage (BESS) project, developed originally by African Green Ventures (AGV), the South African development arm of Magnora.
04 Jun 25
South Africa: Eco Atlantic secures Exploration Right and transfer of 75% interest in Block 1 - South Africa's Orange Basin
Eco (Atlantic) Oil & Gas has announced that, further to the Farm-In Agreement announced on 5 June 2024, formal approval has been received from the South Africa Department of Mineral and Petroleum Resources. Accordingly, Eco has now secured a 75% Working Interest and full Operatorship of Block 1 offshore South Africa - one of the most strategically positioned assets in the highly prospective Orange Basin.
28 May 25
South Africa: South African National Petroleum Company officially launched
South Africa has taken a historic leap forward in reshaping its energy future with the official launch of the South African National Petroleum Company (SANPC).
06 May 25
South Africa: Eco (Atlantic) Oil & Gas provides update on Block 1, Orange Basin, South Africa
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has provided an update on activities in its entry into Block 1 offshore South Africa, located in the proven and highly prospective Orange Basin, following its farm-In agreement with Tosaco Energy.
29 Apr 25
Africa Energy announces corporate update
Africa Energy, a Canadian oil and gas exploration company focused on South Africa, has announced a corporate update. The Company is planning to move Block 11B/12B, located in the Outeniqua Basin approximately 175 kms off the southern coast of South Africa, to the development phase.

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