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South Africa
Total makes development of block 11B/12B conditional on publication of Petroleum Bill

Read this article in our running story

“Southern Africa progresses towards the start of gas production”

Mozambique, Namibia, South Africa

Southern Africa progresses towards the start of gas production

As a future gas production zone, South Africa, Mozambique and Namibia carry the hopes of the super-majors Total, ENI and ExxonMobil. They represent a new opportunity for investors as Africa's traditional oil and gas-producing countries are increasingly struggling to maintain production. [...]

Total is taking a harder line with the South African government as it lobbies to get the country's new oil bill onto the statute books quickly. [...]

Published on 14/01/2021 at 06:00 GMT Reading time 2 minutes

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Energy

Read this article in our running story

“Southern Africa progresses towards the start of gas production”

Mozambique, Namibia, South Africa

Southern Africa progresses towards the start of gas production

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Adewale Fayemi
Canadian Natural Resources
Gwede Mantashe
Main Street 1549 Proprietary
Offshore Petroleum Association of South Africa
Qatar Petroleum
Total

South Africa
MPs to debate new oil bill as TotalEnergies looks anxiously on

South Africa's parliament is at last about to start debating the draft hydrocarbons bill after numerous postponements but there is still a long way to go before it passes into law.

Subscribers only Energy 19.05.2022

South Africa
Petroleum Bill maintains 20% carried interest for state in all projects despite oil firms' protests

As expected, the final draft of the Petroleum Bill provides for the state to have a carried interest of 20% in oil permits. Energy companies are hoping to get the National Assembly, which will examine the bill over the next few weeks, to modify this provision.

Subscribers only Energy 21.06.2021

South Africa
The real reason Total is delaying exploration plans on the eastern portion of Block 11B/12B

The French major says it has suspended the preliminary process of drilling a new well on its South African block to allow it to focus on two existing discoveries. But the move is actually aimed at stepping up pressure on Pretoria.

Subscribers only Energy 19.04.2021

South Africa
Billionaire Johann Rupert works on his tax strategy

The South African magnate and boss of Switzerland-based Richemont, one of the world's leading luxury goods companies, is a natural target for the tax authorities of his native land, who are looking to increase their returns from extremely wealthy taxpayers.

Subscribers only Business 02.02.2021

South African businessman Johann Rupert.

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Adewale Fayemi
Canadian Natural Resources
Gwede Mantashe
Main Street 1549 Proprietary
Offshore Petroleum Association of South Africa
Qatar Petroleum
Total

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South Africa
Total makes development of block 11B/12B conditional on publication of Petroleum Bill