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PPSA process for the Cabora Bassa Project completed...
23 Dec, 2025 08:02
243 min read
Invictus Energy Ltd. has completed the Petroleum Production Sharing Agreement process for its Cabora Bassa Project in Zimbabwe, with formal execution expected in January. This milestone establishes a stable legal framework, enabling the company to advance its work program, including gas field appraisal and new exploration drilling. The agreement is seen as a critical enabler for investment and underscores the Zimbabwean government's commitment to developing its energy sector. Officials stated the framework will strengthen energy security and support broader economic development....
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