Meren (fka Africa Oil Corp.)

Meren Energy is an independent, full-cycle E&P with production and development assets in deepwater Nigeria, a leading carried position in the Orange Basin across Namibia and South Africa, and operated licenses in Equatorial Guinea.

More Info on Meren (fka Africa Oil Corp.)

In May 2025, Africa Oil Corp. unveiled its new brand identity with a change of name to Meren Energy Inc. 

Meren Energy is a full-cycle independent upstream oil and gas company with interests offshore Nigeria, Namibia, South Africa and Equatorial Guinea. Its main assets are producing and development assets in deepwater Nigeria operated by majors. The company holds a leading position in the Orange Basin including its effective interest in the Venus light oil project, offshore Namibia, and its direct interest in Block 3B/4B offshore South Africa.

Last updated August 2025

News

ID 376199443 © Cezary Wojtkowski | Dreamstime.com
Offshore drilling rig near Namibia
Meren has reported progress on its offshore assets in Nigeria and Namibia, including ongoing exploration activities, with a focus on final investment decisions in 2026.
Nov. 18, 2025
Courtesy Meren
Meren's operations map
Meren's strategic focus includes developing the Venus oil field, exploring new prospects in South Africa's Orange Basin and expanding Nigerian assets.
Aug. 14, 2025
Courtesy Africa Oil
Following the completion of an amalgamation agreement with BTG in March, Africa Oil wholly owns an equity interest in Prime Oil & Gas Coöperatief U.A., which has producing assets in Nigeria’s deepwater Niger Delta Basin, operated by Chevron and TotalEnergies.
Plans are emerging for a 40-well FPSO development of the deepwater Venus Field offshore Namibia.
May 15, 2025
ID 361098269 © Vladimir Efimov | Dreamstime.com
offshore Africa
Africa Oil shares details on an appraisal and exploration campaign offshore Namibia as well as equipment and drilling updates offshore Nigeria in its latest quarterly report.
March 4, 2025
Courtesy Africa Oil
map south africa 2024
Africa Oil has raised its direct interest in Block 3B/4B in the Orange Basin offshore South Africa to 18%, following a transaction with Eco (Atlantic) Oil & Gas.
Jan. 14, 2025
Courtesy Africa Oil Corp.
Africa Oil's Nigeria regional map, May 2024
Africa Oil Corp. has issued an update on its development and exploration activities offshore Nigeria and southern Africa.
Nov. 14, 2024

Articles

Courtesy TotalEnergies
Orange basin offshore South Africa
Under the agreement, Africa Oil transfers operatorship of block to TotalEnergies.
Aug. 29, 2024
Courtesy Africa Oil
Block 3B/4B, 3314 & 3315 South Africa
Partner TotalEnergies is assessing high-impact drilling opportunities south of the Venus oil giant offshore Namibia.
Aug. 15, 2024
Courtesy Prime Atlantic via primeatlanticgroup.com
Prime Oil & Gas Coöperatief U.A. (formerly Petrobras Oil & Gas B.V. ) is a joint venture between Africa Oil Corp. and BTG Pactual with activity focused on E&P of oil and gas in Africa. Prime says it has more than 100 staff stationed on the Egina project carrying out operations and maintenance work.
Africa Oil and BTG Oil & Gas have agreed to combine their joint interests in Nigerian deepwater E&P company Prime.
June 25, 2024
Photo 175514942 © Lorenzot81 | Dreamstime.com
offshore_namibia_and_nigeria
Africa Oil has issued updates on its E&P activities offshore southern and western Africa in its latest results statement.
May 16, 2024
Courtesy Africa Oil's "Impact Farmout Transaction | Management Presentation, January 2024"
namibia_africa_oil
Africa Oil says the latest exploration well on Block 2913B offshore Namibia, Mangetti-1X, has intersected hydrocarbon-bearing intervals in the Mangetti fan prospect.
Feb. 8, 2024
Courtesy "Prospective Resources report of independent qualified evaluator for Block 3B/4B, South Africa" report on behalf of Africa Oil Corp., March 2023
Africa Oil map
Africa Oil has secured approval from South Africa’s government to complete acquisition of an additional 6.25% interest in offshore Block 3B/4B in the Orange Basin from Azinam ...
Jan. 22, 2024
Courtesy TotalEnergies
Located about 130 km offshore Nigeria at water depths of more than 1,500 m, TotalEnergies says the Egina oil field is one of its most ambitious ultradeep offshore projects.
Africa Oil has issued an update on drilling activities in the OML 130 lease offshore Nigeria.
Nov. 16, 2023
Courtesy Vantage Drilling LinkedIn
During the second quarter, the Tungsten Explorer drillship drilled and completed the Venus-1A appraisal well in Block 2913B, 13 km north of last year’s ultradeepwater Venus-1X discovery well.
Africa Oil has issued an update on its drilling programs offshore West Africa.
Aug. 15, 2023
Courtesy Africa Oil
Location map for Block 3B/4B and Africa Oil's assets
Africa Oil has agreed to acquire an additional interest in exploration Block 3B/4B in the Orange Basin offshore South Africa.
July 12, 2023
Courtesy Oil and Gas Council
Keith Hill
Africa Oil Corp. names new successor to take over president and CEO role.
June 26, 2023

Additional content from Meren (fka Africa Oil Corp.)

Photo 88178075 © Titoonz | Dreamstime.com
Africa Map
Africa Oil has issued the findings of a review by RISC Advisory (UK) of a concession in the Orange Basin offshore South Africa.
March 9, 2023
Photo 39320039 © Goldghost | Dreamstime.com
Africa
Africa Oil expects the TotalEnergies-led partnership in Block 2913B offshore Namibia to start appraisal drilling early next year on the deepwater Venus light oil and associated...
Nov. 15, 2022
Craig Knight
Former VP of production Craig Knight has been appointed COO of Africa Oil Corp., replacing retiree Timothy Thomas.
Oct. 12, 2022
(Map courtesy Africa Oil Corp.)
Africaoil27
The government of South Africa has approved Africa Oil SA Corp.’s acquisition of a 20% participating interest and operatorship of block 3B/4B from Azinam Ltd.
Feb. 7, 2020