Egypt’s latest licensing round and increased production efforts position the country as a key energy player in Africa, with African Energy Week: Invest in African Energies 2025 serving as a pivotal platform for global investors to explore new opportunities
Scatec has sold its 51 percent stake in the African hydropower projects it has joint-ventured with Norfund and British International Investment (BII) to TotalEnergies. This is in line with the company’s strategy regarding the stock exchange notice on 30 July 2024.
The Nigerian Minister of State for Petroleum Oil, Sen. Heineken Lokpobiri has reiterated the presidential directives to ramp up crude oil production as a sustainable policy of the present administration of President Ahmed Bola Tinubu.
This tenacious stand of the current administration was reechoed...
Woodside has announced that at year-end 2024 it had remaining proved (1P) reserves of 1,975.7 MMboe, remaining proved plus probable (2P) reserves of 3,092.2 MMboe, and remaining 2C contingent resources of 5,869.7 MMboe. Excluding divestments and production, Woodside’s proved reserves increased by 54.9 MMboe,...
VAALCO Energy, Inc. has announced a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment Project.
In alignment with the project timeline, the FPSOBaobab Ivoirien MV10, operated by Canadian Natural Resources International (CNRI), has ceased hydrocarbon production as...
The Singapore shipbuilder Strategic Marine has commissioned three new offshore supply vessels that, with a maximum speed of over 53 knots, are the fastest of their kind in the world. Each vessel is powered by four 16-cylinder mtu Series 2000M72 engines from Rolls-Royce. The...
Corcel Plc, the pan-Angola-Brazil focused energy company has announced that, through its subsidiary Atlas Petroleum Exploration Worldwide Limited (APEX), it has been informed that the Block KON-11 Operator in Angola will shortly recommence intervention activities at the Tobias-13 (TO-13) and Tobias-14 (TO-14) wells.
Sintana Energy has provided an update regarding the operations associated with the Kapana 1-X exploration well located on Block 2813B which is governed by Petroleum Exploration License 90 (PEL 90) and operated by Harmattan Energy Limited, an indirect subsidiary of Chevron Corporation. Trago Energy...
Trident Energy has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo) Limited, as well as an additional working interest in the Nkossa and Nsoko II fields from TotalEnergies, resulting in an 85% working interest in the Nkossa and Nsoko...
Northern Ocean Ltd has announced that a subsidiary of TotalEnergies SE has extended the deep offshore drilling contract of Deepsea Mira semi-submersible rig in West Africa exercising the previously announced option. The firm term of this contract has, as a result, been extended by...
Azule Energy has announced that all customary third-party approvals from Namibian authorities and joint venture parties have been granted. This is follow-up to the May 2024 announcement of the Farm-Out Agreement for Block 2914A (PEL85), Offshore Namibia,
With the completion of the transaction, Azule Energy...
KOIL Energy Solutions has been awarded a significant contract to supply Electrical and Hydraulic Distribution Manifolds for a project in West Africa. This award, from a prominent international oil and gas company, highlights KOIL's core technological expertise and solidifies its position as a trusted...
Woodside Energy has notified Capricorn that all terms and conditions have been satisfied under the sale and purchase agreement relating to the disposal of its production sharing contract (PSC) interests in Senegal. Capricorn anticipates receiving $50m in January 2025. Under the sale and purchase...
VAALCO Energy in conjunction with its 2025/2026 drilling program planned to begin mid-2025 in Gabon, announced that it has executed a contract with Borr Jack-Up XIV Inc., an affiliate of Borr Drilling Limited (Borr), to drill multiple development wells and appraisal/exploration wells, as well...
Africa Global Logistics (AGL) subsidiary Congo Terminal is gearing up for the expansion of the Port of Pointe-Noire in the Republic of Congo (ROC). The company, in collaboration with the China Road and Bridge Corporation, aims to position Pointe-Noire as a maritime hub in...
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