News
February 21, 2025
The African Export-Import Bank (Afreximbank) has announced plans to establish a $1 billion oil service financing facility in Guyana. This initiative aims to enhance local participation in the country’s fast growing oil industry, in alignment with the government's local content policies.
News
February 18, 2025
Mozambique stands out as a key player in natural gas production and plays a crucial role in Africa’s agenda to expand electricity access and clean cooking solutions, according to NJ Ayuk, Executive Chairman of the African Energy Chamber.
News
February 14, 2025
Expanding opportunities within Mozambique’s oil and gas sector are strengthening ExxonMobil’s commitment to local content investments, said Armando Afonso, Public & Government Affairs Manager, ExxonMobil Mozambique at a recent roundtable.
News
February 13, 2025
The upcoming launch of the South African National Petroleum Company reflects a broader trend across Africa, where nations are restructuring their state-owned energy enterprises to attract investment, improve efficiency and enhance energy security.
News
February 13, 2025
Mozambique has committed to “drill, baby, drill,” and expand exploration and production activity in a key message delivered by Florival Mucave, Chairman of the Mozambique Energy Chamber, during a roundtable event in Maputo on Thursday.
News
February 11, 2025
Hilong Offshore, a subsidiary of China-based Hilong Group, has secured a transportation and installation contract for phase two of Eni’s Congo LNG project. The deal is valued at approx. $55 million USD (400 million yuan).
News
February 11, 2025
Equatorial Guinea is aiming to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing E&P activity. Equatorial Guinea’s last licensing round, held in 2019, offered 27 blocks for exploration and attracted significant industry interest.
News
February 11, 2025
(Bloomberg) – Dar Petroleum Operating Co. has resumed producing oil from a number of its wells in South Sudan after almost a year, people with knowledge of the matter said.
News
February 10, 2025
Kosmos Energy has produced first LNG at the bp-operated Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania & Senegal. "We are looking forward to the accelerated ramp-up of LNG production and the first LNG cargo lifting," Kosmos said.
News
February 07, 2025
Custos Energy announced completion of the previously announced farm-in by Chevron Namibia into Petroleum Exploration License 82 (PEL 82). The transaction provides for an 80% participating interest and operatorship for Chevron.
News
February 03, 2025
The FPSO Baobab Ivoirien MV10, operated by Canadian Natural Resources International (CNRI), ceased hydrocarbon production on schedule Jan. 31, CNRI's partner VAALCO Energy announced. The vessel will be transported to Dubai for refurbishment.
News
February 03, 2025
(Bloomberg) – Nigeria, Africa’s biggest oil producer, has set itself a target of boosting daily production by about three fifths to 2.7 million barrels of crude and condensate by 2027, an adviser to the country’s president said.
News
January 31, 2025
(Bloomberg) – Tullow Oil Plc said it will consider selling non-core assets while it plans to repay bonds maturing soon with a mix of cash and available credit lines. Tullow borrowed billions of dollars during its free-spending days searching for new oil basins.
News
January 29, 2025
SLB has opened its Africa Performance Center in Luanda, Angola. The center will serve as a collaborative hub for industry stakeholders providing access to innovative solutions across digital, AI, oil and gas and new energy sectors within Angola and Africa.
News
January 24, 2025
The Republic of Congo has set ambitions to increase its production from 270,000 barrels per day (bpd) to 500,000 bpd in 2025, with a panel discussion planned for CEIF 2025 to outline the country's production targets.
News
January 24, 2025
The African Energy Chamber is calling for the industry to stand against growing opposition from western agencies undermining the economic growth potential presented by Africa’s oil and gas industry.
News
January 23, 2025
Golar LNG has announced that the FLNG Gimi received feed gas from the bp-operated FPSO on the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. Full commissioning of the FLNG has now commenced.
News
January 22, 2025
In an exclusive interview with Energy Capital & Power, Pedro Ribeiro shared TotalEnergies strategic plans to enhance field performance, increase production at Waha and Sharara and advance exploration efforts in the Murzuq Basin.
News
January 22, 2025
(Bloomberg) – U.S. President Donald Trump’s pledge to unlock more of that country’s vast stores of energy will likely lower Kenya’s consumer price growth, according to the chief of the African nation’s central bank.
News
January 21, 2025
Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million bpd in 2025 and 2 million bpd long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit.
News
January 21, 2025
With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production.
