Africa's Oil, Gas and Energy News.
The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More
Savannah Energy announces the completion of the acquisition of 100% of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC, following a signing ceremony held in Lagos earlier this … Read More
Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber The State of African Energy 2025 Outlook provides an overview of the dynamics of Africa’s involvement in the global LNG sector. The … Read More
Shelf Drilling, has announced today new awards for two jack-up rigs in West Africa. Shelf Drilling has secured a contract for the Shelf Drilling Mentor covering 10 wells and an … Read More
Nigerian energy company Oando PLC has successfully completed its acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from Italian multinational Eni. As the voice … Read More
Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas … Read More
African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to … Read More
In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the Gulf of Guinea Gas Pipeline Project. … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber The Nigerian government needs to step up its game regarding approvals for indigenous companies acquiring in-country foreign energy assets. The negative consequences … Read More
