Shell to Lead Offshore Drilling in South Africa’s Block 2C

Shell to Lead Offshore Drilling in South Africa’s Block 2C

Pretoria, December 8, 2025 – South Africa’s legacy national oil company, PetroSA, has approved a landmark agreement granting Shell Offshore a 60 percent working interest in Block 2C, located off the country’s west coast in the promising Orange Basin. The deal marks a major shift in offshore exploration strategy and significantly expands Shell’s footprint in one of Africa’s hottest potential hydrocarbon regions. Under the farmin arrangement, Shell will pay a USD 25 million signing bonus…

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Offshore Oil Gains Momentum in Southern Africa

Offshore Oil Gains Momentum in Southern Africa

Kimberley, South Africa – In a significant development for Southern Africa’s energy landscape, major offshore oil projects are advancing even as the continent grapples with ambitious climate and energy transition targets. Recent approvals for international oil firms to expand offshore operations highlight the persistent tension between economic growth imperatives and sustainable development objectives. South Africa’s national oil company, PetroSA, recently approved Shell as the majority partner in Block 2C, off the country’s west coast. The…

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