Cabora Bassa Oil and Gas Development Project
Sector: Oil and Gas • Location: Zimbabwe
Source: iHarare News
A major petroleum production agreement has been signed between the Government of Zimbabwe and Geo Associates (Private) Limited to set the legal and fiscal foundation for oil and gas development in the Cabora Bassa Basin. The project involves exploration and future production activities in northern Zimbabwe, focusing on large gas and oil prospects in Muzarabani and Mbire districts. The project has
- Status
- Prospective
- Sector
- Oil and Gas, Power Generation (CCGT), Government
- Location
- Zimbabwe
- Updated
- 22 Jul 2026
- Source
- iHarare News
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A major petroleum production agreement has been signed between the Government of Zimbabwe and Geo Associates (Private) Limited to set the legal and fiscal foundation for oil and gas development in the Cabora Bassa Basin. The project involves exploration and future production activities in northern Zimbabwe, focusing on large gas and oil prospects in Muzarabani and Mbire districts. The project has been granted National Project Status, unlocking tax incentives and investment support to accelerate development. The next phase includes drilling the Musuma-1 exploration well to test for commercially viable reserves, with potential pilot gas-to-power projects within 12 to 18 months. |
Original sector | Energy |
Budget |
Location
Country | Zimbabwe |
Source
Source | iHarare News |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Power Generation (CCGT), Government |
Article published date | 2026-05-31 |
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