Africa's Oil, Gas and Energy News.
Nigeria has completed its final obligations for the launch of the Africa Energy Bank, paving the way for the institution to begin operations. At a handover ceremony in Abuja on … Read More
The Ministry of Hydrocarbons and Mining Development of the Republic of Equatorial Guinea, in partnership with energy major Chevron, has officially signed the Heads of Agreement (HoA) for the financing … Read More
Rex and together with its subsidiaries, the has announced that Rex’s indirect subsidiary Benin S.A. has completed the drilling of the AK-2H production well in the Sèmè Field in Benin. … Read More
Patrick Pouyanné, Chairman and CEO of TotalEnergies and Paula Amorim, Chairman of Galp, held a joint meeting today with the President of the Republic of Namibia, Netumbo Nandi-Ndaitwah, to reiterate … Read More
TGS has announced the signing of a Letter of Intent (LOI) with North Africa Geophysical Company, (NAGECO),a subsidiary of the Libya National Oil Corporation (NOC), marking an important step toward … Read More
Operators at Tanzania’s Mnazi Bay gas field have mobilised a drilling rig to site, marking the start of a three-well drilling campaign aimed at materially increasing gas production and strengthening … Read More
Patrick Pouyanné, Chairman and CEO of TotalEnergies, yesterday in Afungi met with His Excellency Daniel Chapo, President of the Republic of Mozambique, and have announced together the full restart of … Read More
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
We are pleased to inform our readers and partners that the OilNews Africa online shop is now fully operational following a successful system upgrade. Users can now securely make payments … Read More
