Invictus Energy Takes Zimbabwe’s Cabora Bassa Opportunity to African Energy Week (AEW) 2026 as Bronze Partner

Invictus Energy will participate in African Energy Week (AEW) 2026 as a Bronze Partner, bringing Zimbabwe’s Cabora Bassa Basin development into the continent’s premier energy investment forum. The partnership comes as Invictus shifts from frontier exploration toward commercial development following major discoveries, regulatory progress and a landmark production sharing agreement. Invictus holds an 80% interest across 360,000 hectares in the Cabora Bassa Basin, where its Mukuyu discovery has established a significant gas-condensate resource. The company estimates the project contains 4.2 trillion cubic feet (tcf) of gas and 264 million barrels of condensate, positioning Cabora Bassa as a potential new source of domestic gas and power for Zimbabwe. The company signed a petroleum production sharing agreement with the government of Zimbabwe in May this year, establishing the fiscal and commercial framework for future development. The agreement gives the state a 20% interest and incorporates the Mutapa Investment Fund, while providing a framework under which Zimbabwe can take its share through profits or physical gas volumes. Invictus is now preparing for its next major exploration cat

Résiliable à tout moment · 99 $ CA/mois