Invictus Energy is pioneering upstream development in Zimbabwe
Invictus working on Zimbabwe PSC
The once-pariah nation could become a regional exporter in energy-starved southern Africa, according to MD Scott Macmillan
ASX-listed independent Invictus Energy is pioneering upstream development in Zimbabwe. Managing Director Scott Macmillan spoke with Petroleum Economist about the company’s progress and plans. Can you give us an update on progress at your Mukuyu project? Invictus Managing Director Scott Macmillan Macmillan: In December 2023, we declared two gas discoveries from our Mukuyu-2 well drilling programme in the Upper and Lower Angwa reservoirs, with the recovery of moveable hydrocarbons to the surface. Subsequently, Mukuyu-1 has also been classified as a discovery in the Upper Angwa, which was successfully drilled in late 2022, confirming the p
Also in this section
21 January 2026
Petroleum Economist takes a look at the critical developments that look set to govern the course of the market for this year
20 January 2026
The ripple effects of US refiners switching to Venezuela grades will be felt from Canada to China and everywhere in between
20 January 2026
As the global energy system undergoes its most profound transformation in a century, the need for credible leadership, practical solutions and inclusive dialogue has never been greater. In 2026, the Kingdom of Saudi Arabia will stand at the centre of this conversation as host of the 25th WPC Energy Congress in Riyadh.
20 January 2026
The Kingdom of Saudi Arabia is the host of the 25th WPC Energy Congress on 26-30 April 2026. The Ministry of Energy spoke with Petroleum Economist about the key messages and opportunities for the global energy community.
