Impact eyes double farm-out after South Africa expansion
London-based Impact Oil & Gas bets deepwater exploration has been substantially derisked by nearby mega gas finds
It has been a busy month for Africa-focused E&P firm Impact Oil & Gas. The company agreed to buy a 90pc operating interest in South Africa’s offshore Area 2, sold a 50pc working operating interest in the nearby Transkei and Algoa blocks to Shell, and bought 36.5pc of Canadian independent Africa Energy Corp. The last of these deals makes Impact an indirect stakeholder in South Africa’s block 11B/12B, where Total made its Brulpadda and Luiperd gas discoveries. Brulpadda has an estimated c.2.8-5.5tn ft³ (79.3-155.7bn m3) of gas initially in place and could meet South Africa’s domestic demand for many years, although there are several milestones to pass before it reaches FID. “The Brulpa
Also in this section
18 February 2026
With Texas LNG approaching financial close, Alaska LNG advancing towards a phased buildout and Magnolia LNG positioned for future optionality, Glenfarne CEO Brendan Duval says the coming year will demonstrate how the company’s more focused, owner-operator approach is reshaping LNG infrastructure development in the North America
18 February 2026
The global gas industry is no longer on the backfoot, hesitantly justifying the value of its product, but has greater confidence in gas remaining a core part of the global energy mix for decades
18 February 2026
With marketable supply unlikely to grow significantly and limited scope for pipeline imports, Brazil is expected to continue relying on LNG to cover supply shortfalls, Ieda Gomes, senior adviser of Brazilian thinktank FGV Energia,
tells Petroleum Economist
17 February 2026
The 25th WPC Energy Congress, taking place in Riyadh, Saudi Arabia from 26–30 April 2026, will bring together leaders from the political, industrial, financial and technology sectors under the unifying theme “Pathways to an Energy Future for All”
