Cape Town-based iMbokodo E&P secures initial rights onshore South Africa while offshore continues to hold appeal

iMbokodo, 23 April 2023 – 

Black economic empowerment vehicle seeks to join Orange basin oil exploration party.

Cape Town-based iMbokodo E&P is in talks to acquire a stake in an exploration block in the Orange basin close to huge oil discoveries made in Namibia by Shell and TotalEnergies, while also eyeing the potential of a Nascent and helium play in South Africa.

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