Canadian oil and gas exploration company Africa Energy has obtained an extension to submit a new environmental and social impact assessment (ESIA) for Block 11B/12B offshore South Africa…
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Canadian oil and gas exploration company Africa Energy has obtained an extension to submit a new environmental and social impact assessment (ESIA) for Block 11B/12B offshore South Africa.
The company said the extension, running until November 4, 2026, was granted following a decision by the Western Cape High Court to set aside an environmental authorization for offshore exploration operations in a separate block, requiring additional assessments to be conducted.
Africa Energy said it is reviewing the implications of the ruling with its advisors, including legal counsel, to determine the appropriate course of action for its own ESIA.
The company holds an indirect interest in Block 11B/12B through its investment in Main Street 1549 Pty Ltd, which currently has a 10% participating interest in the block.
Africa Energy expects to hold a 75% direct interest in the block, subject to regulatory approvals related to the withdrawal of joint venture partners and the completion of a previously announced restructuring.
To remind TotalEnergies, QatarEnergy, and CNRI, previous partners in the Block 11B/12B, exited the development in 2024.
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