Invictus signs production-sharing deal with Zim govt
“In times of low returns, the contractor gets a higher share. In times of higher returns, government gets a much bigger share,” Macmillan said.
By Blessed Ndlovu
May. 27, 2026
Invictus targets new gas prospects with Musuma-1 drilling
Invictus said early site works and rig mobilisation activities were already underway ahead of drilling operations.
By Valentine Maya
May. 11, 2026
Zim oil hopeful returns to Gulf for fresh funding
In December 2023, the firm announced a gas discovery at its Mukuyu well, with indications pointing to a potential 184 million barrels of oil equivalent.
By Blessed Ndlovu
May. 2, 2026
Invictus goes shopping for oil assets amid Zim delays
Invictus has been operating in Zimbabwe since 2018, but has yet to commence commercial production from its Cabora Bassa Project in the Muzarabani District of Mashonaland Central province.
By Tatira Zwinoira
Apr. 27, 2026
Auditors wary of Invictus Energy
The deal, signed in August 2025, would have seen Al Mansour acquire a 19,9% stake for A$37,8 million and potentially unlock up to US$500 million in future funding for Cabora Bassa.
By Mthandazo Nyoni
Apr. 23, 2026
Invictus secures US$7,15m funding after Qatari deal collapse
Macmillan noted that the planned Musuma well had been designed as a low-cost, low-risk vertical well targeting shallow formations with significant upside potential.
By Blessed Ndlovu
Apr. 21, 2026
Invictus sheds US$235,32m in market value from Sept 2025 peak
INVICTUS Energy Limited (Invictus) has lost roughly AU$333,52 million (US$235,32 million) in market value from its September 2025 peak.
By Tatira Zwinoira
Feb. 19, 2026
Invictus nears PPSA execution as Zim gas plans advance
Progress on the PPSA comes despite a recent setback for the company after its proposed strategic partnership with Qatari investment group Al Mansour Holdings collapsed.
By Business Reporter
Feb. 3, 2026
Invictus loses US$90m as Qatari deal collapses
Invictus Energy Limited has suffered a major market setback, losing US$89.81 million after a planned strategic partnership with Qatari investment group Al Mansour Holdings collapsed.
By Tatira Zwinoira
Jan. 28, 2026
