Africa's Oil, Gas and Energy News.
African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.The strategic financing will support … Read More
The upstream sector is set to carry strong momentum into 2026, with high-impact wildcat drilling activity expected to remain elevated following a solid 2025. Last year, the success rate for … Read More
Invictus Energy Ltd has announced the termination of its Subscription Agreement with Al Mansour Holdings (AMH), bringing to an end discussions relating to the previously disclosed strategic investment and joint … Read More
Chevron Nigeria Limited (CNL) has recorded a significant hydrocarbon discovery following the successful drilling and evaluation of the Awodi-07 appraisal and exploration well in the shallow offshore western Niger Delta. … Read More
Sound Energy has announced the following operational update on the Tendrara Phase I Production Concession and Anoual Exploration Permits. Tendrara Gas Gathering System Commissioning Further to our announcement of 8 December 2025 … Read More
Rex International Holding Limited together with its subsidiaries wish to announce that Rex’s indirect subsidiary Akrake Petroleum Benin S.A. is finishing drilling operations on the AK-2H production well in the … Read More
On January 24th, during the Libya Energy & Economy Summit in Tripoli, Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies signed an agreement extending the Waha Concessions up to … Read More
Viridien and SLB have entered into an agreement with the Egyptian Natural Gas Holding Company (EGAS) to launch a massive multi-client ocean bottom node (OBN) seismic acquisition and imaging program in Egypt’s … Read More
TGS, announces the commencement of the Nigeria Onshore MegaSurvey, a new regional-scale seismic project covering 28,000 square kilometers across the Onshore Niger Delta. The project is supported by industry funding and is in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Petrodata Management … Read More
Pancontinental Energy has provided an update in relation to its PEL 87 project, offshore Namibia following the submission an application to the Namibian Ministry of Industry, Mines and Energy (MIME) … Read More
