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Search results: Cabora Bassa Project

Zimbabwe Officially Grants Invictus’ Cabora Bassa Project NPS Status

The Ministry of Finance and Investment Promotion has officially granted National Project Status (NPS) to Invictus Energy’s flagship Cabora Bassa Project, marking a major step forward for the company’s local operations, Mining Zimbabwe can report. By Ryan...

Invictus Edges Closer to Finalising Key Petroleum Agreement for Cabora Bassa Project

Invictus Energy Limited says it has received an updated draft of the amalgamated Petroleum Production Sharing Agreement (PPSA) for its Cabora Bassa gas and oil project in Zimbabwe, marking progress towards securing the necessary approvals for...

Petroleum Sharing Agreement for Muzarabani Oil and Gas Project Now in Place

Government has announced that the long-awaited Consolidated Petroleum Production Sharing Agreement (PPSA) and the Petroleum Exploration and Production Agreement (PEPA) for the Muzarabani Oil and Gas Project are now in place, paving the way for further...

Invictus Secures US$0.5 billion Qatar Lifeline, Sells 19.9% Stake to Drive Cabora Bassa to Production

Victoria falls stock exchange listed oil and gas company, Invictus Energy has struck a landmark deal with Qatar’s Al Mansour Holdings that could reshape Zimbabwe’s upstream oil and gas landscape, sealing a US$500 million conditional financing...

EMA Approves Invictus Energy’s Pilot Gas Production at Cabora Bassa

Invictus Energy Limited, listed on both the Australian and Victoria Falls stock exchanges, has been granted approval by Zimbabwe's Environmental Management Agency (EMA) to proceed with pilot production activities at its Cabora Bassa Project, following a...

Invictus Advances Cabora Bassa Partnerships and Licence Extension

Australian oil and gas company Invictus Energy is making steady progress on its flagship Cabora Bassa Project in northern Zimbabwe, according to its quarterly activities report and cash flow statement for the period ending March 31,...

EMA Approval Greenlights Muzarabani Gas Project Eureka Gold Mine Set for Gas-to-Power Production

In a major boost for Zimbabwe’s energy sector, the Environmental Management Agency (EMA) has approved the Environmental and Social Impact Assessment (ESIA) for Invictus Energy’s pilot production activities at the Cabora Bassa Project (Muzarabani), enabling the...

Invictus Energy Secures a Three-Year Extension for Muzarabani Oil Project

Victoria Falls Stock Exchange-listed oil and gas exploration junior, Invictus Energy Limited, has successfully renewed its Special Grant (SG) 4571 licence. This allows the company’s 80%-owned subsidiary, Geo Associates, to continue oil and gas exploration activities...

Invictus Energy Completes Historic US$10 Million Capital Raise for Muzarabani Oil Project

Victoria Falls Stock Exchange and Australia Stock Exchange-listed oil and gas exploration company Invictus Energy Limited has successfully completed the second tranche of its US$10 million institutional capital raise, managed by Mangwana Capital (Private) Limited, to...

Invictus Energy Nears Completion of PPSA for Muzarabani Oil Project

Invictus Energy Limited is close to finalizing the Petroleum Production Sharing Agreement (PPSA) for its Cabora Bassa Project in the Muzarabani-Mbire Basin, marking a key step in the company's transition from exploration to development following its...

Mutapa, NSSA, PSC Invest US$10 Million in Invictus’ Muzarabani Oil Project

The country's sovereign wealth fund, the Mutapa Investment Fund, the National Social Security Authority (NSSA) and the Public Service Commission (PSC) have invested US$10 million in Invictus Energy, the company leading oil and gas exploration at...

Zimbabwean gas project spurs regional interest

After uncovering the Mukuyu gasfield in Zimbabwe's Cabora Bassa basin, Invictus Energy anticipates more finds in the region. With rising energy demands locally and globally, the company is poised to capitalize on opportunities.The basin was previously...

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