Breaking News

Invictus ready to roll out oil project

by Staff reporter
09 November 2018 | 2685 Views
Invictus Energy has capacity to handle the multi-billion dollar Cabora Bassa Project that encompasses the Mzarabani Prospect and there is nothing amiss with its funding model, managing director Scott Macmillan has revealed.

This comes as some quarters had questioned Invictus' capacity to meet the enormous financial demands for the Muzarabani Project, which might require billions of dollars if oil is to be discovered.




Invictus has already spent around $1 million in its first year and will spend another $1,5 million or so to conclude the rest of its study work. More funding will, however, be needed if and when the project moves to the drilling stage.

Invictus Oil Zimbabwe

Source: Business Weekly

Comments

Latest News

Bill Gates honours Zimbabwe's Edzai Zvobwo - Zimbabwean born entrepre...

by Mandla Ndlovu | 15 November 2018 | 1 Views

Mutsvangwa's ouster:A plot to destroy Mnangagwa

by Mandla Ndlovu | 15 November 2018 | 3 Views

Kukura Kurerwa vehicles auctioned

by Mandla Ndlovu | 15 November 2018 | 3 Views

Sanctions divide Mnangagwa's new dispensation

by Mandla Ndlovu | 15 November 2018 | 3 Views

Vertical Agreements and Competition Law - The Competition & Tarif...

by Competition & Tariff Commission | 15 November 2018 | 1 Views

Zimbabwe police open murder dockets into August 1 'army' killings

by newzimbabwe | 15 November 2018 | 3 Views

Full letter: Chamisa to attend Motlanthe-led commission

by Mandla Ndlovu | 15 November 2018 | 1 Views

I survived military shootings says British journalist

by Mandla Ndlovu | 15 November 2018 | 3 Views

Chamisa not fazed by arrest threats

by Staff reporter | 15 November 2018 | 6 Views

Chamisa, Biti subpoenaed by Motlanthe-led commission

by Staff reporter | 15 November 2018 | 19 Views

Mnangagwa to address peace fete

by Staff reporter | 15 November 2018 | 7 Views

African govts fight 'conflict diamonds' resolution - AFRICAN governmen...

by Staff reporter | 15 November 2018 | 1 Views

Mnangagwa to monitor companies allocated forex by RBZ

by Staff reporter | 15 November 2018 | 6 Views

Gaddafi son now seeking political asylum in Zimbabwe - AN adopted son ...

by Staff reporter | 15 November 2018 | 11 Views

Undenge's trial deferred

by Staff reporter | 15 November 2018 | 1 Views

The Miraculous Story of Tayambutswa - HARARE mayor Herbert Gomba on Tu...

by Staff reporter | 15 November 2018 | 2 Views

'Killer' gold panners granted bail - THREE of the 11 illegal gold pann...

by Staff reporter | 15 November 2018 | 4 Views

Modi invited to India gold summit

by Staff reporter | 15 November 2018 | 7 Views

Fifa investigating 'illegaly' Chiyangwa?

by Staff reporter | 15 November 2018 | 7 Views

3 money changers appear in court - THREE suspected money changers, all...

by Staff reporter | 15 November 2018 | 7 Views

Money changers desert Bulawayo streets - ILLEGAL money changers in Bul...

by Staff reporter | 15 November 2018 | 1 Views

Chiwenga aligned war vets gun for Mutsvangwa

by Staff reporter | 15 November 2018 | 1 Views

Government calls rogue pharmacies to order - GOVERNMENT has directed p...

by Staff reporter | 15 November 2018 | 7 Views

3 witnesses nail Komichi

by Staff reporter | 15 November 2018 | 1 Views

Schools seek permission to close early - At least five boarding school...

by Staff reporter | 15 November 2018 | 5 Views

Zimbabwe braces for tourist boom

by Staff reporter | 15 November 2018 | 1 Views

Zanu-PF recalls Chiredzi councillors - Zanu-PF has resolved to recall ...

by STaff reporter | 15 November 2018 | 6 Views

Latter Day Saints to expand Zimbabwe presence - The Church of Jesus Ch...

by Staff reporter | 15 November 2018 | 1 Views

Entertainment

Winky D gets Chamisa's recognition

by Staff reporter | 06 November 2018 | 4955 Views

Tagwirei marries long-time girlfriend - Contemporary gospel musician T...

by Staff reporter | 05 November 2018 | 3275 Views

Winky D's video stirs controversy

by Staff reporter | 03 November 2018 | 3129 Views

Maskiri is back

by Staff reporter | 27 October 2018 | 885 Views

PHOTO: Sulumani Chimbetu now a prison warden

by Picture by Nyasha Chawatama | 25 October 2018 | 14271 Views

Indosakusa leaves injiva in stitches

by Future Moyo aka Jamelah | 23 October 2018 | 2617 Views

Bustop takes a dig at Mnangagwa

by Staff reporter | 14 October 2018 | 9119 Views

Olinda, Tytan planning to relocate to South Africa

by Staff reporter | 12 October 2018 | 1298 Views
iBlog

Five Reliable Outlook Pst File Repair Tools

Outlook pst files can become corrupted -- and when that happens, work grinds to a halt. if your organization relies on outlook, one of these tools could save the day. outlook is the industry standard groupware tool. let's take a look at five that can... Read More
ITnews 04 May 2015 ago

Mobile Spy Software Maker Mspy Hacked

mspy, the makers of a software-as-a-service product that claims to help more than two million people spy on the mobile devices of their kids and partners, to have been massively hacked. a public relations pitch from mspy to krebsonsecurity in march ... Read More
SecNews 17 May 2015 ago