ANGOLA BRACES FOR OIL PRICE SHOCK, CONSIDERS IMF BAILOUT AS CRUDE VALUES TUMBLE
Angola, Sub-Saharan Africa’s second-largest crude oil exporter, is undertaking stress tests to evaluate the potential impact of falling oil prices…
SOMALI PRESIDENT DEFENDS CONTROVERSIAL TURKISH OIL DEAL AMID REVENUE-SHARING BACKLASH
Somali President Hassan Sheikh Mohamud has strongly defended a contentious oil exploration agreement with Turkey that has sparked criticism after…
NIGERIA LIGHTS UP UNIVERSITIES AND HOSPITALS WITH MASSIVE RENEWABLE ENERGY PROJECT
The Energy Commission of Nigeria has launched an ambitious clean energy initiative that will transform power supply at educational and…
GOVERNMENT URGES RENAISSANCE ENERGY TO BOOST OIL PRODUCTION AFTER SHELL DIVESTMENT
The Federal Government has challenged Renaissance Africa Energy Company to significantly increase crude oil production at facilities recently acquired from…
NIGERIA-MOROCCO PIPELINE PROJECT ADVANCES WITH NEW JOINT VENTURE ANNOUNCEMENT
Nigeria and Morocco are establishing a joint venture company to manage the ambitious $25 billion gas pipeline project that will…
HELICOPTER GIANTS JOIN FORCES IN GAME-CHANGING NAMIBIAN RESCUE OPERATIONS DEAL
CHC Helicopter and Namibian operator Court Helicopters have signed a groundbreaking Memorandum of Understanding that promises to revolutionize search and…
NNPC GAS ARM SWOOPS IN ON MAJOR CNG FACILITY ACQUISITION
In a market-shifting move, NNPC Gas Marketing Limited (NGML) is set to acquire a massive 5.2 million standard cubic feet…
PETRODIVE LAUNCHES MAJOR UNDERWATER OPERATIONS IN CENTRAL AFRICAN WATERS
In a significant development for offshore operations in Central Africa, PETRODIVE has announced the immediate resumption of saturation diving operations…
NIGERIA SLAMS DOOR ON FOREIGN OIL PIPELINES IN BOLD MOVE TO BOOST LOCAL MANUFACTURING
The Federal Government has instituted an immediate ban on the importation of oil pipelines into Nigeria, delivering a major victory…
NIGERIA’S OIL CRISIS: 92 MILLION UNSOLD BARRELS THREATEN ₦19.6 TRILLION REVENUE TARGET
Nigeria faces a growing economic crisis as a staggering 92 million barrels of crude oil designated for export in April…
RHINO STRIKES OIL GOLD IN NAMIBIAN WATERS USING NOBLE CORPORATION DRILLSHIP
Rhino Resources and its partners have made a significant oil discovery in Namibia’s offshore waters, using the Noble Venturer drillship…
NAMIBIA’S ORANGE BASIN: THE NEXT BRAZILIAN OIL MIRACLE?
Namibia’s Orange Basin possesses the geological potential to rival Brazil’s prolific Campos Basin in both production volume and revenue generation,…
BW ENERGY ACCELERATES NAMIBIA’S GAS REVOLUTION WITH DRILLING BLITZ SET FOR SEPTEMBER
BW Energy is poised to launch an aggressive drilling campaign at its Petroleum Production License 003 in Namibia, with a…
MAJOR OIL DISCOVERY ROCKS NAMIBIAN COAST AS CAPRICORNUS WELL STRIKES GOLD
Rhino Resources has confirmed a significant light oil discovery in its maiden exploration effort offshore Namibia, potentially opening a new…
NIGERIA TO POWER MOROCCO’S ENERGY REVOLUTION WITH MASSIVE GAS DEAL
In a major energy partnership development, Morocco has taken significant steps toward establishing a liquefied natural gas terminal near Nador,…
CUTTING THROUGH CHALLENGES: DECOM ENGINEERING DIVES DEEPER INTO AFRICA’S OILFIELDS
Decom Engineering is making significant strides in Africa’s offshore energy sector, with a major new project set to launch offshore…
NAMIBIA’S OIL AND GAS BOOM: A RACE AGAINST TIME FOR ENERGY LEADERSHIP
Namibia has been urged to fast-track the development of its oil and gas discoveries to avoid the delays that have…
AUSTRALIAN FIRM EYES SLICE OF NAMIBIA’S OIL BOOM WITH STRATEGIC BLOCK 2312 ACQUISITION
Australia-headquartered Grand Gulf Energy has secured a binding option agreement to acquire Wrangel, potentially gaining access to a coveted 70%…
“DRILL, BABY, DRILL”: NAMIBIA PUSHES FOR OIL REFINERY AMID AFRICAN ENERGY REVOLUTION
Namibian President Netumbo Nandi-Ndaitwah is championing the development of a domestic oil refinery as part of a comprehensive national strategy…
NIGERIA PUSHES DOMESTIC FIRMS TO GRAB OIL ASSETS AS SHELL ERA ENDS
Nigeria’s government is actively encouraging local companies to seize the opportunity to acquire onshore oil assets being divested by international…