News
January 05, 2024
The African nation’s December exit from OPEC came after the group imposed a much lower production limit. The tighter cap was too much for Angola, which is making efforts to boost investment after many years of underinvestment and production decline.
News
January 04, 2024
Africa’s natural gas sector stands poised to prepare the entire continent for eventual decarbonization, as do many of the companies operating here.
News
January 04, 2024
Production from the oil fields in Uganda will be transported to the port of Tanga in Tanzania through the cross-border pipeline developed by the EACOP Company.
News
January 02, 2024
Following completion of the commissioning phase, Tango FLNG will produce its first LNG cargo by the first quarter of 2024, placing the Republic of Congo on the list of LNG-producing countries.
News
January 02, 2024
Petrobras’ Board of Directors has approved the company's operations in São Tomé and Príncipe, a country on the west coast of Africa, enabling the acquisition of stakes in three exploratory blocks, through a competitive process conducted by Shell.
News
December 29, 2023
This extension, effective from December 2023, allows Oranto to continue its oil exploration and appraisal drilling activities in these promising blocks.
News
December 29, 2023
After more than a decade running one of Africa’s most influential law firms, covering all aspects of the oil and natural gas sector, NJ Ayuk has announced that he will not make another long-term commitment to Centurion Law Group and will step down.
News
December 28, 2023
Funding will be utilized for a well test on natural gas discoveries in the Upper and Lower Angwa formations in Mukuyu-2 well, preparation for 3D seismic over the Mukuyu gas field and long lead items for a planned high impact exploration well from the company’s extensive portfolio in the Basin Margin or Central Fairway prospects.
News
December 27, 2023
Equatorial Guinea will leverage OPEC cooperation to address challenges and exploit opportunities associated with the energy transition, the African Energy Chamber has learned.
News
December 27, 2023
The Sangomar Field Development Phase 1 includes a stand-alone FPSO with subsea infrastructure and an expected production capacity of approximately 100,000 bpd.
News
December 27, 2023
The three licenses cover an area of approximately 8,700 km2 in the deep and ultra-deep waters of the Angolan offshore.
News
December 23, 2023
Extension of the permit is in line with the country’s drive to boost recoverable oil from current levels of 1.4 Bbbl, according to the statement.
News
December 23, 2023
OPEC nations Iraq, Nigeria and the Republic of Congo affirmed their commitment to the oil-producer group following the exit of Angola last week.
News
December 21, 2023
Angola announced it’s leaving OPEC following 16 years of membership amid a dispute over oil production quotas, while the cartel tries to buoy global prices.
News
December 15, 2023
Invictus Energy Ltd. has made a second gas discovery in the Mukuyu-2 well at its 80% owned Cabora Bassa project in Zimbabwe. The findings in both the Upper and Lower Angwa reservoirs substantially increase the resource potential in the Mukuyu gas field.
News
December 14, 2023
Serving as a testament to the value of U.S.-Africa collaboration, the partnership will support a wide range of projects from international, national, major and independent energy companies.
News
December 14, 2023
Oil and gas will play an instrumental role in Africa’s economy for decades to come, and as such, African producers will not agree to any phase-out of these resources.
News
December 13, 2023
In this second phase, the aim is to produce 15,000 tonnes of LPG at the new Batanga facility, located in the Etimboué department in Ogooué-Maritime province, to supply the national market.
News
December 13, 2023
Africa still needs time – time that the Western world has already had and, frankly continues to milk – to resolve energy poverty and industrialize.
News
December 12, 2023
The presence of nearby hydrocarbon accumulations in older reservoirs, coupled with the evidence of oil charge to Upper Miocene units, provides great encouragement that the reprocessed ANG Block 16 dataset can lead to further exploration success.
News
December 07, 2023
The Ramform Sovereign is scheduled to mobilize for the survey in December, and the contract has a total duration of approximately 50 days.
