Africa's Oil, Gas and Energy News.
Kenya has said that it will launch its First Licensing Round set by September 2025 after it restructured its petroleum exploration blocks to align with global best practices and its … Read More
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the … Read More
Valaris Limited has announced that it has been awarded a two-year contract offshore West Africa for drillship VALARIS DS-10 that is expected to commence late in the second quarter or … Read More
XRG has successfully reached deal completion on its acquisition of Galp’s 10% interest in the Area 4 concession in Mozambique’s Rovuma Basin, initially announced in May 2024. This strategic investment, … Read More
On Saturday, 29th March 2025, Uganda signed a historic oil refinery agreement with Alpha MBM Investments LLC, a UAE-based firm, paving the way for the construction of a 60,000-barrel-per-day crude … Read More
Following allegations of human rights abuses raised by media outlets in 2024 that would have been committed by members of Mozambique’s Defence and Security Forces in the Afungi Peninsula in … Read More
Nguya Floating Liquefied Natural Gas (FLNG) is set to sail away from China in September 2025, Federico Ricco, Development Director at Congo LNG, said at the Congo Energy & Investment … Read More
ReconAfrica reports it continues to pursue activities relating to the drilling of Prospect I. To date, initial surveying activity has been completed, with debushing activities ongoing and demining activities set … Read More
2024 FULL YEAR RESULTS 2025 OUTLOOK and GUIDANCE Richard Miller, Interim Chief Executive Officer and Chief Financial Officer, Tullow Oil plc, commented: “In 2024 we had a number of succeses … Read More
Tullow Oil has announced that it has signed a binding heads of terms agreement with Gabon Oil Company for the sale of Tullow Oil Gabon SA, which holds 100% of … Read More
