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
13 March 2025
Gas will become a more important part of the energy mix longer-term raising the alarm for much-need investment as supply struggles to keep up with demand
13 March 2025
The spectre of Saudi Arabia’s 2020 market share strategy haunts a suffering OPEC+ as Trump upends the energy world
12 March 2025
Petronas-Eni eyes joint venture to prioritise key gas developments, with huge opportunities for growth in Indonesia and a steady Malaysia portfolio
12 March 2025
Bearish market sentiment and bullish long-term outlook for oil and gas consumption prevails at CERAWeek
