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Invictus finalises preps for pilot gas, petroleum production

NewsDay Staff ·

Invictus finalises preps for pilot gas, petroleum production

INVICTUS Energy Limited is finalising preparations for a pilot production phase at its Cabora Bassa gas and petroleum project in Zimbabwe, following key regulatory approvals and high-level engagements with government, the company has said.

Last month, Invictus, an Australian energy firm, revealed it would amalgamate its Petroleum Exploration Development and Production Agreement (PEDPA) and Petroleum Production Sharing Agreement (PPSA) with the government and fast-track its implementation.

The planned pilot, which includes the Eureka Gold Mine gas-to-power initiative, marks a critical step toward commercialising the basin’s gas and petroleum generating potential.

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