Egypt to Lease German Gas Liquefaction Unit to Boost Production
Amid declining domestic gas production, Egypt plans to lease a floating gas liquefaction unit from Germany to enhance its energy…
Nigerian Senate Engages Foreign Experts to Tackle Oil Theft
The Nigerian Senate has enlisted the services of international experts to track illegal vessels used in crude oil theft from…
Nigeria’s Crude Oil Output Declines by 4.7%
Nigeria’s crude oil production in February 2025 dropped to an average of 1,465,006 barrels per day (BOPD), marking the lowest…
Tanzania to Auction Multiple Petroleum Exploration Blocks
The Tanzanian government, through the Petroleum Upstream Regulatory Authority (PURA), has announced plans to auction 26 petroleum exploration blocks to…
Botala Energy Secures Production License for Serowe Project
Australia’s Botala Energy has received approval from the Botswana government to advance its Serowe Coal Bed Methane (CBM) Gas Project…
74 Chinese Firms Express Interest in Nigeria’s Oil Sector
A total of 74 Chinese companies have expressed interest in investing in Nigeria’s oil and gas industry, forming part of…
Oando Selected as Preferred Bidder for Guaracara Refinery in Trinidad
Oando PLC has announced that its subsidiary, Oando Trading, has been selected as the preferred bidder to lease the refinery…
Nigeria’s Oil Production Declines by 5% in February, Falling Below OPEC Quota
Data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) indicates that Nigeria’s daily average crude oil production in February declined…
NNPC, First E&P Discover Hydrocarbons in Songhai Field
The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) joint venture…
Angola’s Greenfield and Brownfield Oil Blocks Offer Strong Investment Potential
As sub-Saharan Africa’s second-largest oil producer, Angola presents lucrative opportunities for both greenfield and brownfield investments in its oil and…
South Offshore and TotalEnergies Expand Subsea Innovations to Angola
South Offshore, a Congolese engineering, procurement, and construction (EPC) company, has partnered with TotalEnergies to deploy a rigless subsea light…
Renaissance Africa’s Acquisition of Shell’s Onshore Assets Reshapes Nigeria’s Energy Sector
Renaissance Africa Energy Company’s recent acquisition of Shell’s onshore assets in Nigeria is transforming the country’s energy landscape. This landmark…
Ghana Plans New Gas Processing Plant to Stabilize Energy Costs
The Ghanaian government has announced plans to construct a second gas processing facility to supplement the existing Atuabo Gas Processing…
NNPC Halts Naira-for-Crude Oil Deal, Raising Concerns for Local Refiners
The Nigerian National Petroleum Company Limited (NNPC) has discontinued the naira-for-crude swap deal, which allowed domestic refiners to purchase crude…
Egypt Launches Licensing Round to Attract Energy Investments
Egypt is ramping up efforts to attract foreign investment in its oil and gas sector with the launch of a…
Savannah Energy Completes Acquisition of Sinopec’s Nigerian Assets
Savannah Energy PLC, a British independent energy company, has finalized its acquisition of Sinopec International Petroleum Exploration and Production Company…
Shell Highlights Nigeria’s Competitive Oil Investment Landscape
Shell has emphasized that Nigeria faces intense competition for oil and gas investments, stressing the need for continuous policy reforms…
Nigeria Grants Refining Licenses to Boost Domestic Capacity
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has issued licenses for three new refineries in Edo, Delta, and…
Nigeria Surpasses OPEC+ Quota in Oil Production Boost
Nigeria’s oil production in February exceeded its OPEC+ quota by 70,000 barrels per day (bpd), reaching 1.57 million bpd, driven…
National Oil Companies Drive Exploration and Production Through IOC Collaboration
Africa’s National Oil Companies (NOCs) are transitioning from being state representatives to becoming competitive upstream players. By partially privatizing, transferring…