State of African Energy 2027 Outlook: Project Delivery Will Shape Africa’s $40B Upstream Investment Cycle

Africa’s upstream sector is set to attract approximately $40 billion in annual investment, with production growth through the end of the decade closely tied to the speed of development. The … Read More

EQUATORIAL GUINEA: Enermech Lands Major Chevron Deal to Advance West Africa Offshore Gas Ambitions

EnerMech has secured a strategic contract with global energy giant Chevron to deliver specialised pipeline pre-commissioning services for the Aseng Gas Development Project offshore Equatorial Guinea, marking another significant milestone … Read More

ALGERIA: Pertamina Acquires Moeve’s Participating Interest in the Berkine Basin

PT Pertamina (Persero), through its Algerian affiliate, PT Pertamina Algeria EP (PAEP), officially entered into an agreement to acquire Moeve’s participating interests in three onshore hydrocarbon fields located in the … Read More

MOZAMBIQUE: Eni announces the beginning of the drilling campaign for the Coral North FLNG Project

Eni and its Area 4 partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG, announce the startup of the drilling and completion campaign for the Coral North Project offshore … Read More

TANZANIA: TPDC Starts New Chapter in Oil & Natural Gas Exploration, Granted Four Licenses

The Tanzania Petroleum Development Corporation (TPDC) has taken a significant step in strengthening its direct participation in oil and natural gas exploration, after the Government signed four exploration licenses in … Read More

NIGERIA: TotalEnergies Strengthens Its Partnership with SAPETRO to Support the Fast Development of OPL257

TotalEnergies has signed a Farm-Out Agreement to sell to South Atlantic Petroleum Limited (SAPETRO) a 40% participating interest in offshore block OPL257, Nigeria. Upon completion of this transaction, TotalEnergies will … Read More

ANGOLA: Afentra Announces the Publication of the Executive Decree for Block 3/05A

Afentra has announced the publication of the executive decree for Block 3/05A by the Angolan Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) for the previously announced acquisition from Etu … Read More