Generated by All in One SEO v5.0.0.1, this is an llms.txt file, used by LLMs to index the site. # Africa’s premier report on the oil, gas and energy landscape. energy intelligence ## Sitemaps - [XML Sitemap](https://africaoilgasreport.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Blog](https://africaoilgasreport.com/blog/) - [Saipem Will Install $350Million worth of Subsea Infrastructure for Angola’s West Hub Tails Project](https://africaoilgasreport.com/2026/09/in-the-news/saipem-will-install-350million-worth-of-subsea-infrastructure-for-angolas-west-hub-tails-project/) - Italian contractor Saipem has been awarded a $350Million contract by Azule Energy Angola S.p.A., relating to the West Hub Tails project, part of the wider Agogo Integrated West Hub Development, located 180 kilometre offshore Angola at water depths up to 1,750 metres. The scope of work covers the engineering, fabrication, transportation and installation of subsea - [Upstream Asset Divestment Approvals: NUPRC Has the Tools; now it needs to Enhance Predictability](https://africaoilgasreport.com/2026/09/farm-in-farm-out/upstream-asset-divestment-approvals-nuprc-has-the-tools-now-it-needs-to-enhance-predictability/) - Upstream asset divestment by International Oil Companies (IOCs) in Nigeria is now a norm. But what about the time between the familiar phrase “the transaction is subject to obtaining all required regulatory approvals” in divestment announcements and when the approval is actually granted? “The transaction is subject to obtaining all required regulatory approvals” is more - [Algeria on the Rebound, Averages 1Million Barrel Mark in August 2026](https://africaoilgasreport.com/2026/09/in-the-news/algeria-on-the-rebound-averages-1million-barrel-mark-in-august-2026/) - Algeria’s crude oil output bumped up to 1,000,000Barrels Per Day (1MMBOPD) in August 2026. It’s the country’s highest production in 18 months and it marks the summit of a gradual creep since May 2025, OPEC’s Monthly Oil Market Report shows. The North African country is Africa’s second largest natural gas producer but it comes fourth - [ARADEL’s PMS (Gasoline) Plant is Back on The Front Burner, Commissioning Likely Mid 2027](https://africaoilgasreport.com/2026/09/refining-gap/aradels-pms-gasoline-plant-is-back-on-the-front-burner-commissioning-likely-mid-2027/) - By Macson Obojemuinmoin Aradel Holdings is planning to commission the Gasoline Production Train in its Refinery by middle of 2027. Adebola Adesina, the company’s Chief Financial Officer, spoke of the likely coming on stream of the 3,000Barrels of Oil Per day unit at the AOW Energy conference in Accra, Ghana on September 2, 2026. “We - [Angola in Discoveries Galore: Exxon, TOTAL Announce One Each in Blocks 15, 17 Respectively](https://africaoilgasreport.com/2026/09/oil-patch-sub-sahara/angola-in-discoveries-galore-exxon-total-announce-one-each-in-blocks-15-17-respectively/) - ExxonMobil and TotalEnergies have announced a discovery each in two separate Angolan Blocks in the last 24 hours. The encounters were made, incidentally, in the country’s two most prolific acreages, which are also described as “mature”. ExxonMobil’s discovery in the Vicango Este-01 exploration well was made in ​Block 15, the company’s sole producing block (July - [TOTAL to Spend $10MM More on Livelihoods in Moza’s Gas Rich Province](https://africaoilgasreport.com/2026/09/gas-monetization/total-to-spend-10mm-more-on-livelihoods-in-mozas-gas-rich-province/) - TotalEnergies has signed an agreement to commit $10Million more to fund employment promotion and income-generation programmes in the districts of Palma and Mocímboa da Praia, in Mozambique’s gas rich Cabo Delgado province, under a partnership with the Northern Integrated Development Agency (ADIN). The French major’s memorandum of understanding with ADIN expands on programmes and projects - [Nigeria’s Network E&P Encountered “Disappointing” Gas in Qua Ibo-5](https://africaoilgasreport.com/2026/09/oil-patch-sub-sahara/nigerias-network-ep-encountered-disappointing-gas-in-qua-ibo-5/) - Network E&P, operator of the Qua Ibo field, onshore south east Niger Delta, was rattled by its encounter of only gas in Qua Ibo-5, the well it drilled and finalised in July 2026. “We found gas and not the oil intended”, company sources say. The company is not immediately drilling another well, as the drilling - [Egypt Looks to Private Investors to Fund Refinery Expansion, Targeting Lower Import Bill](https://africaoilgasreport.com/2026/09/refining-gap/egypt-looks-to-private-investors-to-fund-refinery-expansion-targeting-lower-import-bill/) - The Egyptian government has increased its target for refining and petrochemical projects by 30% to $5.2Billion. The aim is to revamp and debottleneck existing refineries with new units for diesel and higher-value products, reducing import bill on diesel and Liquefied Petroleum gas (butane) from a crippling $6.2Billion in FY 2025/26, EnterpriseAM reports, quoting government sources. - [Kaduna DisCo Board Dissolution: A Cautionary Tale of Nigeria’s Electricity Privatisation](https://africaoilgasreport.com/2026/09/power-deficit/kaduna-disco-board-dissolution-a-cautionary-tale-of-nigerias-electricity-privatisation/) - The Nigerian Electricity Regulatory Commission (NERC)’s dissolution of the Kaduna Electricity Distribution Company’s (KAEDC) board on August 10, 2026, is a stark reminder that privatisation is no silver bullet to service improvement when the underlying structural weaknesses of a utility remain unaddressed. NERC attributed its action to “severe financial insolvency, with KAEDC accumulating over ₦118.6Billion - [AEW 2026: Where Africa’s Energy Dealmakers Meet](https://africaoilgasreport.com/2026/09/partner-content/aew-2026-where-africas-energy-dealmakers-meet/) - The conversations, partnerships and investments shaping Africa’s energy future are coming to Cape Town from 12–16 October 2026 for African Energy Week (AEW) 2026. Bringing together 300+ Ministers & VIPs, 400+ industry speakers, 1,500+ companies and delegates from 100+ countries, AEW 2026 will provide a platform for the continent’s energy leaders, investors and dealmakers to - [Have you secured your pass for African Energy Week 2026?](https://africaoilgasreport.com/2026/09/partner-content/have-you-secured-your-pass-for-african-energy-week-2026/) - Dear Subscriber Taking place from 12–16 October 2026 at the Cape Town International Convention Centre, Africa Energy Week (AEW) is the continent's premier gathering for energy leaders, investors, policymakers and industry stakeholders. AEW 2026 is expected to welcome more than 9,000 delegates from over 100 countries for four days of high-level dialogue, networking and deal-making. Under - [Southern Africa in Slower Motion/Our Latest Issue](https://africaoilgasreport.com/2026/09/in-the-news/southern-africa-in-slower-motion-our-latest-issue/) - Mozambique has effectively taken off. Namibia is waiting, hoping. Zimbawe is in a slow roll. Nine months into lifting of the Force Majeure on the 13Million Tons Per Year Mozambique LNG project, TOTAL has reported construction to be 45% complete and first gas assured to be on stream by 2029. ExxonMobil has taken the most - [TOTAL is Thankful for Namibia's "Swift Approval" of Mopane Field Operatorship](https://africaoilgasreport.com/2026/09/farm-in-farm-out/total-is-thankful-for-namibias-swift-approval-of-mopane-field-operatorship/) - TotalEnergies has announced the regulatory approval, by Namibian authorities, of its acquisition a 40% operated interest in the PEL83 license, holding the Mopane discovery, from Galp Energia. “We would like to thank the Namibian authorities for their swift approval of this strategic transaction with Galp, our new partner”, the French major says in a press - [Uganda Unveils ‘PEARL SWEET’ Crude Blend as Country Prepares to Reach First Oil](https://africaoilgasreport.com/2026/09/downstream/downstream-retail/uganda-unveils-pearl-sweet-crude-blend-as-country-prepares-to-reach-first-oil/) - It is still several months away from commencement of crude oi production in Uganda. But President Yoweri Kaguta Museveni has announced the name under which the country’s export crude blend will be called in international energy markets. “Pearl Sweet” was officially unveiled at a special ceremony at the Kingfisher Development Area marks the point at - [Panoro Energy Acquires DNO’S Share of Côte d’Ivoire’s Top Shallow Water Producing Asset](https://africaoilgasreport.com/2026/08/farm-in-farm-out/panoro-energy-acquires-dnos-share-of-cote-divoires-top-shallow-water-producing-asset/) - Panoro Energy has entered into a definitive agreement with DNO ASA to acquire the entire share capital of DNO’s wholly owned subsidiary DNO CI LLC, which holds an indirect 9.09% interest in the gas producing Block CI-27 offshore Côte d’Ivoire. The purchase is being made for a consideration of $80Million on a cash free / - [Equinor Joins the Namibian Rush; Partners with Chevron](https://africaoilgasreport.com/2026/08/in-the-news/equinor-joins-the-namibian-rush-partners-with-chevron/) - Rafiu Otutu, in Windhoek Equinor has signed an agreement with Harmattan Energy Limited, a Chevron subsidiary in Namibia, to acquire a 17.4% participating interest in Petroleum Exploration Licence 90 (PEL 90) in the Orange Basin offshore Namibia. The transaction marks the Norwegian player’s entry into the Southwest African country and the licence provides access to - [ExxonMobil Awards $1.1Billion in Pre-FID Contracts for Rovuma LNG](https://africaoilgasreport.com/2026/08/gas-monetization/exxonmobil-awards-1-1billion-in-pre-fid-contracts-for-rovuma-lng/) - ExxonMobil has awarded approximately $1.1Billion in pre-investment contracts for critical long-lead equipment destined for the first phase of the Rovuma Liquefied Natural Gas ( LNG) project in Mozambique’s gas rich province of Cabo Delgado. The project entails development of significant offshore natural gas reserves in Area 4 and the construction of an onshore liquefied natural - [Nigeria’s Aliko Dangote Meets with Canadian Prime Minister Mark Carney](https://africaoilgasreport.com/2026/08/refining-gap/nigerias-aliko-dangote-meets-with-canadian-prime-minister-mark-carney/) - Aliko Dangote, CEO and founder of the Dangote Group and the Dangote Refinery, met with Canadian Prime Minister Mark Carney on August 5, 2026, in the Parliament Building in Canada’s capital city of Ottawa, Ontario. Canada and Nigeria share similarities since they are major oil and natural gas producers. Canada produces 5.3Million barrels per day - [And you thought that the drillers had no competition: wrong again!](https://africaoilgasreport.com/2026/08/energy-transition/and-you-thought-that-the-drillers-had-no-competition-wrong-again/) - Just when you thought that the drillers would be enjoying their seemingly extended prosperity---historically high day rates and a virtual monopoly on the rig market—a spoil sport has come to the party. Who? Keppel Ltd the rig-builder, based in Singapore. In 2026, the company will be divesting 10 rigs to its new Keppel Offshore Fund - [ReconAfrica About to Drill and Test 1,000metres of Horizontal Hole from Kavango West 1](https://africaoilgasreport.com/2026/08/in-the-news/reconafrica-about-to-drill-and-test-1000metres-of-horizontal-hole-from-kavango-west-1/) - Canadian independent ReconAfrica has reported a successful flow of natural gas and “potential liquids” to surface from two separate zones in the Kavango West 1X (KW1X) discovery well in the onshore Kavango Basin in North east Namibia The upper Huttenberg flowed natural gas and potential liquid content to surface, the same way the Upper Elandshoek - [Chevron Announces New Hydrocarbon Discovery in Angola's Block 0](https://africaoilgasreport.com/2026/08/oil-patch-sub-sahara/chevron-announces-new-hydrocarbon-discovery-in-angolas-block-0/) - Chevron Corporation has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. The well, drilled in the prolific Lower Congo Basin, encountered an oil and gas condensate column of more than 600 metres (2,000 feet) in the primary Pinda reservoir, with more than 90 metres (300 feet) - [The Two Extra Hours That Made Amenam](https://africaoilgasreport.com/2026/08/kickstarter/the-two-extra-hours-that-made-amenam/) - By Toyin Akinosho How a stuck drill bit and a departed boss handed Daniel Ndefo the biggest discovery of his career When the technical manager rushed for his flight out of Lagos that Friday afternoon, he left one instruction with Daniel Ndefo: stop the well at 6pm. Everyone else — Ndefo's boss, the managing director - [Aradel, Seplat Match up in Net Oil Equivalent Production](https://africaoilgasreport.com/2026/08/in-the-news/aradel-seplat-match-up-in-net-oil-equivalent-production/) - Nigerian founded independents, Aradel Holdings and Seplat Energy, each averaged the same volume of Barrels of Oil Equivalent Per day (BOEPD) output in the first half of the year 2026, according to their respective reports. Their working interest production each amounted to 139,000BOEPD in the period. Seplat put it out directly: “Production averaged 139,509BOEPD in - [Exxon’s Erha Field Drop was Mostly Responsible for Nigeria’s Break in Crude Output Gains](https://africaoilgasreport.com/2026/08/in-the-news/exxons-erha-field-drop-was-mostly-responsible-for-nigerias-break-in-crude-output-gains/) - Nigeria’s five consecutive monthly increase in crude oil output was halted in July 2026, with the country averaging 1.5052Milion Barrels Per Day in the month, compared with the June 2026 production of 1.5552MMBOPD. The July figures represent 100% of OPEC quota (1.5MMBOPD) and the third best in 2026, but this 50,000BOPD Month-on –Month shortfall is - [Moza’s Rovuma LNG: Technip Loses Out in This Big One](https://africaoilgasreport.com/2026/08/gas-monetization/mozas-rovuma-lng-technip-loses-out-in-this-big-one/) - The consortium involving Technip Energies will not be in the lead to build the largest Liquefied Natural Gas facilities in Africa. The award of the Letter of Intent (LoI) for engineering and limited procurement services to construct ExxonMobil’s 18.6Million tonnes per annum (18.6MMTPA) Rovuma LNG facilities in the Afungi Peninsula in Cabe Delgado, Mozambique, went - [Development Finance, Advisory and Research Leaders Join Power Africa Today at AEW 2026](https://africaoilgasreport.com/2026/08/partner-content/development-finance-advisory-and-research-leaders-join-power-africa-today-at-aew-2026/) - The institutional architecture around African power investment has grown considerably more sophisticated in recent years, with multilateral lenders, specialized blended finance vehicles, global law firms and energy research houses all playing active roles in how projects are structured, financed and brought to market. Speakers confirmed for the Power Africa Today conference during African Energy Week - [Nigeria’s Deep Offshore Tax Remission Order 2026: Recalibration or Redistribution?](https://africaoilgasreport.com/2026/08/in-the-news/nigerias-deep-offshore-tax-remission-order-2026-recalibration-or-redistribution/) - President Bola Ahmed Tinubu’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (DOEO 2026) deserves neither an automatic applause nor an instinctive criticism. My reaction is mixed—but constructively so. I welcome the principle of using fiscal incentives to unlock investment in Nigeria’s deep offshore petroleum resources. Deepwater projects are - [Nigeria’s Offshore Reset: Can Africa Turn Oil Wealth into Investable Capital?](https://africaoilgasreport.com/2026/08/in-the-news/nigerias-offshore-reset-can-africa-turn-oil-wealth-into-investable-capital/) - Nigeria has spent decades proving that it can find and produce oil. Its harder problem has been persuading global capital to develop the oil it already knows is there. That is why President Bola Ahmed Tinubu’s latest deep offshore investment framework deserves more attention than another headline about a potential $50Billion investment. The Deep Offshore - [Mozambique Has Been Sold, Several Times, In Pieces](https://africaoilgasreport.com/2019/04/in-the-news/mozambique-has-been-sold-several-times-in-pieces/) - By Toyin Akinosho Ever since Anadarko encountered massive tanks of natural gas in the Rovuma basin, located in the Indian Ocean off Mozambique, the dirt poor African nation has been host to a binge of buying and selling. The Windjammer discovery turned up five hundred and fifty five net feet of gas sands in February - [Nigeria’s President Issues New Executive Order for Incentives for Deep Offshore Oil and Gas Projects](https://africaoilgasreport.com/2026/08/in-the-news/nigerias-president-issues-new-executive-order-for-incentives-for-deep-offshore-oil-and-gas-projects/) - Nigeria President Bola Ahmed Tinubu has approved a new investment framework for deep offshore investment. The framework will be effected through an executive order: The Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026. The incentive is “designed to unlock up to $50Billion worth of investment in the terrain and restart Nigeria’s large, - [The First Oil Industry Host Community Summit holds August 2027](https://africaoilgasreport.com/2026/08/in-the-news/the-first-oil-industry-host-community-summit-holds-august-2027/) - The inaugural oil industry Host Community Summit, HostCommTM, is scheduled for August 09-10, 2027 in Lagos, Nigeria. HostCommTM is a platform created by a consortium of three Oil & gas industry focused organisations comprising Caritas Communications, Africa Oil+Gas Report and Pedestal Africa. HostCommTM as the forum is named is a decisive move to bridge the - [Commercial Operations Reached for the Final phase of Egypt's 1,000MW Obelisk Solar Project](https://africaoilgasreport.com/2026/08/energy-transition/commercial-operations-reached-for-the-final-phase-of-egypts-1000mw-obelisk-solar-project/) - Africa's leading builder of renewable energy plants says it has successfully reached Commercial Operations Date (COD) for the second phase of its 1.1 GW Obelisk solar and 100 MW/200 MWh battery storage project in Egypt. “Completing Africa's largest hybrid solar and battery installation demonstrates our ability to develop, finance, and deliver large-scale renewable energy projects - [Afentra Crawls Behind Sonangol in Angola's Exploration Dash](https://africaoilgasreport.com/2026/08/oil-patch-sub-sahara/afentra-crawls-behind-sonangol-in-angolas-exploration-dash/) - The results of an exploration drilling, released August 11, 2026 by Afentra, the UK junior, looks less exciting on paper than the prior announcement of an appraisal probe by Sonangol Exploração & Produção, the Angolan state hydrocarbon company. But in terms of quick monetisation, the prospects look better for Afentra’s well than Sonangol’s. Afentra reported - [TGS Commences Regional Scale Seismic Reprocessing, offshore São Tomé and Príncipe](https://africaoilgasreport.com/2026/08/oil-patch-sub-sahara/tgs-commences-regional-scale-seismic-reprocessing-offshore-sao-tome-and-principe/) - TGS has commenced a large, two dimensional (2D) Prestack Depth Migration Seismic Reprocessing project in deepwater São Tomé and Príncipe. The programme, in partnership with the Agência Nacional do Petróleo de São Tomé e Príncipe (ANP-STP), covers a full reprocessing of 14,651 kilometres of 2D seismic data, encompassing four input surveys originally acquired by TGS - [Senegalese Gas Network: Tender for Prequalification for EPC for the Gas Pipeline to the Malicounda Power Plant](https://africaoilgasreport.com/2026/08/tenders/senegalese-gas-network-tender-for-prequalification-for-epc-for-the-gas-pipeline-to-the-malicounda-power-plant/) - TENDERS Herewith, please find the notice of Prequalification relating to the International Call for Tenders for Engineering, Procurement, Construction and Corporate Financing with Deferred Reimbursement (EPC-VF) of the gas pipeline project linking valve chamber 01 of the Northern Segment to the Malicounda Power Plant in three (3) separate lots, which was published on August 05, - [Dangote Proposes a Terminal in Cameroon for Outreach to Central Africa](https://africaoilgasreport.com/2026/08/downstream/downstream-retail/dangote-proposes-a-terminal-in-cameroon-for-outreach-to-central-africa/) - Dangote Group has presented a proposal to the Cameroonian government, mulling the construction of a petroleum products storage terminal in the country. The company wants to explore the development of a storage facility that would help build Cameroon’s strategic petroleum reserves and improve the country's fuel supply security. The project could also include a pipeline - [Okwok’s FPSO Can’t Sail, as Strait of Hormuz was Cleared, Then Closed Again](https://africaoilgasreport.com/2026/08/in-the-news/okwoks-fpso-cant-sail-as-strait-of-hormuz-was-cleared-then-closed-again/) - The Floating Production Storage and Offloading FPSO vessel named EMEM, successfully carried out sea trials, and was getting ready to sail out of Dubai to Nigerian waters after the ceasefire between America and Iran, then the truce was upended again, and he hostilities ratcheted up. In the event, EMEM has remained stuck. The vessel is - [Nigeria’s Oil Crossroads in 2026: From Barrel Count to Value Creation](https://africaoilgasreport.com/2026/08/in-the-news/nigerias-oil-crossroads-in-2026-from-barrel-count-to-value-creation/) - By Dozie Arinze Introductory summary Nigeria’s oil position has improved materially in 2026, but the country now faces a more strategic test than simply producing more barrels. Higher crude output, the scale-up of Dangote Refinery, and continued OPEC+ market management have created an opening for Nigeria to move from a volume-led oil model to a - [Tetra 4 Signs Offtake Agreement to Supply LNG in South Africa at $16/Mscf](https://africaoilgasreport.com/2026/08/gas-monetization/tetra-4-signs-offtake-agreement-to-supply-lng-in-south-africa-at-16-mscf/) - Tetra4, developer of the Virginia Gas Project in South Africa, has entered into an additional take-or-pay contract to supply liquified natural gas (LNG) to a domestic food processor, establishing a multi-year contracted cash flow supporting Phase 1 commercial operations, which remain targeted for completion in the third quarter (3Q) of 2026. The LNG sale and - [Egypt Extends its Crude and Petroleum Product Transport Grid with Six New Pipelines](https://africaoilgasreport.com/2026/08/downstream/downstream-retail/egypt-extends-its-crude-and-petroleum-product-transport-grid-with-six-new-pipelines/) - A 317 kilometre, six-pipeline infrastructure to ferry crude oil and petroleum products, is in advanced stage of construction in Egypt. The $128Million project is to bolster transportation capacity between domestic production zones, refineries, and export terminals across the country. This enhancement of the national hydrocarbon grid is expected to come online by early 2027. The - [Sonangol Announces Successful Appraisal of a Frontier Discovery](https://africaoilgasreport.com/2026/08/oil-patch-sub-sahara/sonangol-announces-successful-appraisal-of-a-frontier-discovery/) - Angola's state hydrocarbon company, Sonangol Exploração & Produção, bolstered its credentials as an operator with the announcement of a successful completion of drilling and testing operations of the Katambi-2 appraisal well, located in Block 24 of the Benguela Basin. “A preliminary assessment of the test results indicated that the well has the potential to produce - [ENI Says it’s the World’s Leading Company by Computing Power](https://africaoilgasreport.com/2026/06/in-the-news/eni-says-its-the-worlds-leading-company-by-computing-power/) - By Martins Lawrence Italian explorer ENI has announced that its newly launched supercomputing system, HPC7 (High Performance Computing – HPC), is the world’s most powerful High-Performance Computer for industrial use. “HPC7 thus surpasses HPC6, launched in November 2024, which has in turn confirmed its position within the TOP10, ranking 8th in the TOP500 list”. HPC7 - [PETROCI  Has Vacancy for  10 Technical Personnel to Work on Newly Acquired Asset](https://africaoilgasreport.com/2026/06/vacancies/petroci-has-vacancy-for-10-technical-personnel-to-work-on-newly-acquired-asset/) - As part of the takeover and direct operation of an offshore oil asset in the Ivorian sedimentary basin, PETROCI Holding, Côte d'Ivoire’s stat hydrocarbon company, is launching a recruitment process on behalf of an operating company currently being structured, which wishes to ensure the continuity of operations and support its development ambitions. This acquisition offers - [Feedback on Nigeria’s Bid Round Process Continues to be mixed, with the Negative Remarks on the Rise](https://africaoilgasreport.com/2026/08/farm-in-farm-out/feedback-on-nigerias-bid-round-process-continues-to-be-mixed-with-the-negative-remarks-on-the-rise/) - It was a convivial atmosphere in the marquee on the premises of the Abuja Hilton, where the Bid Conference was held to decide the winners of the eight month long, Nigerian 2025 oil and gas licencing sale, on July 21, 2026. “If you don’t win this round, there is a next time”, chorused the country’s - [Cameroon Expects a Hydrocarbon Output Rebound Led by Yo Yo Field From 2029](https://africaoilgasreport.com/2026/08/in-the-news/cameroon-expects-a-hydrocarbon-output-rebound-led-by-yo-yo-field-from-2029/) - Cameroon’s Ministry of Finance has projected a rebound in hydrocarbon activity from around 2028, after a steep decline in 2027. The rebound is expected to be led by Chevron operated Yo Yo field, an offshore gas-condensate discovery in the Douala Basin, which is part of the cross-border YoYo-Yolanda field with Equatorial Guinea. The gas will - [BP is “Not Making Use of Most of Its Potential”, CEO Says in a Blistering Message](https://africaoilgasreport.com/2026/08/in-the-news/bp-is-not-making-use-of-most-of-its-potential-ceo-says-in-a-blistering-message/) - By Macson Obojemuinmoin The CEO of BP has lamented that the company’s operational delivery fell short of the expected performance in the second quarter of 2026. Meg O’Neill said that the UK major’s plants didn’t run as well as they did in the previous quarter – upstream plant reliability was 92.4%, compared to 95.7%, and - [TGS Commences Large-Scale 2D Reimaging Project in Egypt's Mediterranean Basin](https://africaoilgasreport.com/2026/08/oilpatch-sahara/tgs-commences-large-scale-2d-reimaging-project-in-egypts-mediterranean-basin/) - TGS has announced the commencement of the EGY-2DRE2026, a large-scale two dimensional (2D) seismic reimaging project covering 34,000kiometres across offshore Egypt. The project will integrate input from the GeoStreamer 2016, 2018 and 2023 surveys, together with other available conventional 2D data, to build a single, consistent regional framework across the offshore basins. “This merged dataset - [CLEAN ENERGY CONTEST-Forward7 Award - application deadline extended](https://africaoilgasreport.com/2026/07/partner-content/clean-energy-contest-forward7-award-application-deadline-extended/) - PARTNER CONTENT Dear Colleague, As a member of the Forward7 Clean Cooking Award Advisory Panel, I'm pleased to share that the application deadline has been extended to 10 August 2026, giving more entities the opportunity to showcase their work. If your organisation or one within your network is advancing clean cooking through innovative and practical - [TOTAL Gets Namibia's Nod on Mopane Farm in, With "Discussions Progressing" to FID for Venus Development](https://africaoilgasreport.com/2026/07/farm-in-farm-out/total-gets-namibias-nod-on-mopane-farm-in-with-discussions-progressing-to-fid-for-venus-development/) - By Madison Okoromaiye, in Capetown The Namibian government has approved TOTALEnergies' deal to secure a 40% and operatorship of Galp Energia's sprawling Mopane accumulation in the Orange basin. The transaction is tied to Galp Energia accessing a 10% stake in TOTAL’s large Venus development. Finalising these two -deals -in-one provides a clearer line of sight - [AfDB Grants €200Million Loan for Cote D’Ivoire’s Refinery Upgrade](https://africaoilgasreport.com/2026/07/refining-gap/afdb-grants-e200million-loan-for-cote-divoires-refinery-upgrade/) - African Development Bank has announced the approval of a loan of €200Million to finance the "Clean Air" project carried out by the Société Ivoirienne de Raffinage (SIR), Côte d'Ivoire's state-owned petroleum refinery based in Abidjan. The money is a significant fraction of the €833Million invoice for the design, construction, and commissioning of a diesel hydrodesulfurisation - [TGS Adds Ghana’s Keta Basin to the Cart](https://africaoilgasreport.com/2026/07/oil-patch-sub-sahara/tgs-adds-ghanas-keta-basin-to-the-cart/) - TGS has won another contract for regional scale seismic acquisition in the Sub-Saharan African segment of the South Atlantic. The Norwegian geophysical behemoth has signed an agreement with the Petroleum Commission, Ghana, to create a new offshore “2D-cubed project” across the Keta Basin, offshore Ghana. TGS is busy on the continent; it is working on - [Saipem Gets the Drilling Gig for the Expanded Baleine Project in Côte d’Ivoire](https://africaoilgasreport.com/2026/07/oil-patch-sub-sahara/saipem-gets-the-drilling-gig-for-the-expanded-baleine-project-in-cote-divoire/) - Italian contractor Saipem has been awarded a new offshore drilling contract by ENI in Côte d’Ivoire. The contract is valued at approximately $260 Million. The drillship Santorini currently in the eastern Mediterranean, will be deployed offshore Côte d’Ivoire for a long-term development drilling campaign on ENI’s Baleine development project, with operations scheduled to begin in - [Timeline for First Oil from Kaminho is Closer than Originally Announced](https://africaoilgasreport.com/2026/07/in-the-news/timeline-for-first-oil-from-kaminho-is-closer-than-originally-announced/) - TOTALEnergies expects to achieve first oil from the Kaminho project faster than was projected at the time of the project’s Final Investment Decision. The company has also revised the peak production it previously anticipated it would reach in the life of the project. Kaminho’s development has happened at such a rapid pace that commencement of - [Azule Invites Expressions of Interest for O&M Services for Angola’s New Gas Consortium (NGC) Facility](https://africaoilgasreport.com/2026/07/tenders/azule-invites-expressions-of-interest-for-om-services-for-angolas-new-gas-consortium-ngc-facility/) - PARTNER CONTENT/PUBLIC TENDER ANNOUNCEMENT Azule Energy Limited hereby invites interested companies to submit their Expressions of Interest (EOI) for the following tenders, as per the table below: BLOCK (S) EOI REFERENCE DESCRIPTION SERVICES NGC (New Gas Consortium) EOI_AZE_NGC_34_2026 Tender for Operations & Maintenance Services of NGC Plant Companies interested in one or more invitations above - [A New FSO Is Coming for Oriental’s Ebok Field](https://africaoilgasreport.com/2026/07/in-the-news/a-new-fso-is-coming-for-orientals-ebok-field/) - A new Floating Storage and Offloading (FSO) for Oriental Energy’s Ebok oilfield, has sailed out China, passing through Malaysia, enroute to Ebok in south east offshore Nigeria. Named MT Topaz, the vessel is expected to arrive in Nigeria latest July 31, 2026. It will replace Virini Prem, the old, aging FSO which has been at - [Perenco Plans Domestic Use for Previously Exported Gas in Cameroon](https://africaoilgasreport.com/2026/07/gas-monetization/perenco-plans-domestic-use-for-previously-exported-gas-in-cameroon/) - As the Floating Liquefied Natural Gas (FLNG) vessel Hilli Episeyo officially departs Cameroon for its 20-year charter in Argentina in July 2026, the country's maritime LNG export operations will temporarily shut down, but rather than shutting down the offshore wells, Perenco and the state-owned Société Nationale des Hydrocarbures (SNH) are redirecting and repurposing the gas - [Waltersmith Hits 10,000KBD in the Course of a Six Well Drilling Campaign](https://africaoilgasreport.com/2026/07/oil-patch-sub-sahara/waltersmith-hits-10000kbd-in-the-course-of-a-six-well-drilling-campaign/) - Waltersmith Petroman is hitting as many right notes as it possibly can in the ongoing multi-well campaign on Ibigwe and Assa fields in the onshore eastern Niger Delta basin. The company has reached 10,000000Barrels of Oil Per day (BOPD) of production since mid-June 2026, having added over 8,000BOPD to the volume it was outputting when - [Welltec® Wellgrab can do all this...](https://africaoilgasreport.com/2026/07/partner-content/welltec-wellgrab-can-do-all-this/) - PARTNER CONTENT Completion Intervention Downhole Isolation From expanding the capabilities of established technologies to pioneering new approaches to reservoir management, Welltec® continues to advance operations through innovation, field validation, and the exchange of technical expertise. New webpages for multifunctional Welltec® Wellgrab Welltec® Wellgrab is a multifunctional technology platform used by operators across the - [Angolan Regulator Consults the Public on the 2025-2050 Hydrocarbon Strategy](https://africaoilgasreport.com/2026/07/in-the-news/angolan-regulator-consults-the-publics-on-the-2025-2050-hydrocarbon-strategy/) - Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) is conducting a wide, public consultation process on the country’s Hydrocarbon Strategy for the Upstream segment (EHA) 2025–2050. The consultation is open until July 30 (click here) . “The collection of contributions and proposals to enrich the final document extends until July 30, 2 2026 via - [PETROCI Looks to a Nine Well Campaign, Delivering First Gas by 2028](https://africaoilgasreport.com/2026/07/oil-patch-sub-sahara/petroci-looks-to-nine-well-campaign-delivering-first-gas-by-2028/) - By Constance Mejare, in Abidjan Côte d'Ivoire's state hydrocarbon company PEROCI has announced an ambitious plan of drilling and developing up to nine wells in three blocks, with a view to commencing natural gas production by 2028. The programme sees PETROCI upping its game as an operator, with the joint development of the Kudu, Eland - [Renaissance Adds One More Gas Offtaker: Indorama Receives on Both Sides of ANOH](https://africaoilgasreport.com/2026/07/gas-monetization/renaissance-adds-one-more-gas-offtaker-indorama-receives-on-both-sides-of-anoh/) - Renaissance Energy, Nigeria’s largest oil and gas producer, has signed a landmark Gas Sale Agreement with Indorama Corporation Fertilizer FZE for the long term supply of up to 60Million standard cubic feet per day (60 MMscf/d) of natural gas. The molecules will be supplied from the ANOH Gas Processing Facility over 16 years, starting in - [Take this Block, Assess it, and Negotiate Later](https://africaoilgasreport.com/2026/07/farm-in-farm-out/take-this-block-assess-it-and-negotiate-later/) - African countries are increasingly choosing to hand over parcels of overlooked assets to majors and top-tier international independents to evaluate and decide if they want to proceed with negotiations for valid permits to operate the blocks. In early May, 2026, Angola signed a Memorandum of Understanding with Woodside Energy, Australia’s largest independent, establishing an initial - [We have chosen not to be a warehouse of raw potential](https://africaoilgasreport.com/2026/07/in-the-news/we-have-chosen-not-to-be-a-warehouse-of-raw-potential/) - For twenty-five years, NOG Energy Week has been one of the rooms where Nigeria tells the truth about energy: what we have promised, what we have postponed, what we have delivered, and what we must now become. This year’s theme speaks of ambition, competitiveness and resilience. I want to add a fourth word: proof. Because - [Nigeria meets 104% of OPEC Quota as Production Soars](https://africaoilgasreport.com/2026/07/refining-gap/nigeria-meets-104-of-opec-quota-as-production-soars/) - PRESS RELEASE/NUPRC Crude oil production rises to 74-month high Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day (BPD) in the month of June 2026, representing positive growth for a fourth consecutive month. In the month under review, crude oil production hit 1.56Million Barrels of Oil Per Day (MMBOPD) - [Angola LNG Plant, Chevron’s Sanha Complex & FPSO, All Shut Down until August 9, 2026](https://africaoilgasreport.com/2026/07/gas-monetization/angola-lng-plant-chevrons-sanha-complex-fpso-all-shut-down-until-august-9-2026/) - The Angola LNG Limited (ALNG) plant, located in the municipality of Soyo, Zaire province, in conjunction with the maintenance campaigns of the Sanha Complex and the Sanha FPSO, in Area B of the Cabinda offshore, will carry out a Scheduled General Shutdown, within the scope of its periodic extended maintenance plan (TAR). The shutdown is - [Technip Adds Baleine Expansion to Its Growing Order Book](https://africaoilgasreport.com/2026/07/in-the-news/technip-adds-baleine-expansion-to-its-growing-order-book/) - To the string of newly awarded major subsea contracts to TechnipFMC, add Baleine Phase 3, a fast-track development to expand production from the largest hydrocarbon discovery offshore Côte d’Ivoire. The contract by Italian operator ENI asks TechnipFMC to design and manufacture flexible flowlines and risers to connect wells in water depths of approximately 1,200 metres - [Global Energy Show, Calgary, Canada – Nigeria Was Well Represented](https://africaoilgasreport.com/2026/07/opinion/global-energy-show-calgary-canada-nigeria-was-well-represented/) - OPINION/ANALYSIS The annual Global Energy Show was held in Calgary from June 9 – 11, 2026. DMG Events stages the conference. According to DMG senior vice president Nick Samain the show generally serves as a good barometer of what’s going on in the energy sector – and that’s on the upswing. Samain said “Approximately 38,000 - [At Government’s Instruction, Sonangol Hands Over  5% of Angolan Block 17/06 to  Falcon Oil](https://africaoilgasreport.com/2026/07/farm-in-farm-out/at-governments-instruction-sonangol-hands-over-5-of-angolan-block-17-06-to-falcon-oil/) - The Angolan government has authorized the state hydrocarbon company to cede a large fraction of its equity in one of the country’s optimal producing assets to a privately owned, local independent. Sonangol - Exploração e Produção, SA will transfer 17% of its own 30%, amounting to 5% of the entire shares of all participating interests - [TOTALEnergies Advances Large-sized 3D Seismic Processing, Seabed Sampling, offshore Liberia](https://africaoilgasreport.com/2026/07/oil-patch-sub-sahara/totalenergies-advances-large-sized-3d-seismic-processing-seabed-sampling-offshore-liberia/) - Norwegian player TGS Geohysical has completed over 50% of reprocessing of the entire 6,167 square kilometres (km²) of three dimensional 3D seismic data set in three blocks, offshore Liberia. London based GeoPartners is conducting a Multi-Beam Eco Sounder survey (MBES) comprising an area of 4,045 km² in water depths ranging from 500 metres to 3,500 metres - [GALP Makes Crucial Executive Appointment, as It Seeks Namibia's Approval for High Stake Development](https://africaoilgasreport.com/2026/07/petroleum-people/galp-makes-crucial-executive-appointment-as-it-seeks-namibias-approval-for-high-stake-development/) - Portuguese independent GALP Energia has appointed Saave Nakashole as its Deputy Country Manager for Public and Operational Affairs in Namibia. It is the most politically savvy appointment to a top position by any of the leading E &P operators in the southwest African country. Nakashole joins GALP after spending 14 years at the National Petroleum - [“We Won’t Sit Waiting for Domestic Gas Offtakers”, Renaissance Says: “We’d Chase After Them”](https://africaoilgasreport.com/2026/07/gas-monetization/we-wont-sit-waiting-for-domestic-gas-offtakers-renaissance-says-wed-chase-after-them/) - The Nigerian independent, Renaissance Africa Energy, will not sit by hoping that natural gas users will come looking for its gas. “We will chase after them. We are looking out for takers who will utilize the gas locally”, declares Tony Attah, the company’s chief executive. He told our reporters, in a long phone chat, that - [NNPC’s Four Diseased Fingers: The Refineries That Must Be Privatised](https://africaoilgasreport.com/2026/07/opinion/nnpcs-four-diseased-fingers-the-refineries-that-must-be-privatised/) - OPINION/ANALYSIS By Dan D. Kunle An Open Letter to the President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria His Excellency President and Commander-in-Chief of the Armed Forces Federal Republic of Nigeria State House, Aso Rock Villa Abuja, Nigeria Good Afternoon, Mr President, Sir. With the utmost respect and humility, I write this - [BP’s Great Reversal and the Return of Energy Realism](https://africaoilgasreport.com/2026/07/opinion/bps-great-reversal-and-the-return-of-energy-realism/) - OPINION/ANALYSIS BP’s recent decision to eliminate its standalone Low Carbon Energy division and reorganize around upstream and downstream hydrocarbons is more than a corporate restructuring. It is one of the clearest signals yet that the assumptions underpinning the global energy transition are being reassessed. For much of the past decade, BP positioned itself as the - [How Norway  created its Cash Cow](https://africaoilgasreport.com/2026/07/energy-transition/how-norway-created-its-cash-cow/) - How can two offshore oil and gas markets of the North Sea—the UK Offshore Shelf and the Norwegian Offshore Shelf---appear to be similar and in reality are two very different theatres of operation? Take the UK portion of the North Sea: its development has been very much market driven. The Norwegian portion of the North - [Sibeya Returns as First Substantive MD of NAMCOR in Three Years](https://africaoilgasreport.com/2026/07/petroleum-people/sibeya-returns-as-first-substantive-md-of-namcor-in-three-years/) - Victoria Sibeya has been appointed as substantive managing director of the National Petroleum Corporation of Namibia (NAMCOR), effective July1 2026. She takes the top job 20 years after she joined the state hydrocarbon company as a geoscientist and 23 years after starting her first job as a geologist at the Ministry of Mines and Energy. - [Folake Soetan Appointed as Pioneering CEO of Sahara’s new Oilfield Service Subsidiary](https://africaoilgasreport.com/2026/07/petroleum-people/folake-soetan-appointed-as-pioneering-ceo-of-saharas-new-oilfield-service-subsidiary/) - Sahara Group has appointed Folake Soetan as the founding CEO of Arahas Global Oilfield Services, its oilfield services subsidiary. The new company will play in the space where multinationals like Baker Hughes, and homegrown firms like Geoplex Drillteq, are operating. It will deploy a range of technical services for upstream and midstream operating firms. It - [Among Indies in Africa, Things are in a Churn/Our Latest Issue](https://africaoilgasreport.com/2026/07/in-the-news/among-indies-in-africa-things-are-in-a-churn-our-latest-issue/) - Some of the large, foreign headquartered independents operating in Africa still have a grip on things. Apache Corp topped up its output in Egypt in the last one year. ConocoPhillips averaged more than a 100,000Barrels of Oil Equivalent in Equatorial Guinea and Libya. Woodside Energy zoomed to 89,000BOEPD in Senegal. Things are more complicated for - [Shell Says Global demand for LNG Will Grow by 65% by 2050](https://africaoilgasreport.com/2026/07/gas-monetization/shell-says-global-demand-for-lng-will-grow-by-65-by-2050/) - Global demand for liquefied natural gas (LNG) is expected to increase to nearly 700Million tonnes a year (700MMTPA) by 2050, an increase of around 65% from 2025 levels, according to Shell’s LNG Outlook 2026. These numbers are based on expectations that “countries continue to prioritise flexible and reliable energy security offered by gas and LNG”, - [ENI and Mercuria to Establish a Global Trading Joint Venture](https://africaoilgasreport.com/2026/07/in-the-news/eni-and-mercuria-to-establish-a-global-trading-joint-venture/) - Italian major ENI says it has inked an agreement to create a joint venture with Mercuria, one of the world top trading firms. The venture is aimed at overseeing energy commodities trading activities across global energy markets. The joint venture, equally owned by the two companies, “will operate on an independent and unconsolidated basis through - [ENI Launches Compression Module, Pumps Up Libya’s Gas Output](https://africaoilgasreport.com/2026/06/gas-monetization/eni-launches-compression-module-pumps-up-libyas-gas-output/) - Italian explorer ENI has announced the start-up of hydrocarbon production from the Sabratha Compression Project, described as a strategic offshore development designed to sustain and increase gas production from the Bahr Essalam field, located approximately 100 kilometres off the Libyan coast. The Sabratha Compression Project, carried out in partnership with the National Oil Corporation (NOC) - [EPCI for South Africa's First LNG Terminal](https://africaoilgasreport.com/2026/06/tenders/epci-for-south-africas-first-lng-south-africas-first-lng-terminal/) - EXPRESSION OF INTEREST The Zululand Energy Terminal (ZET) has officially launched its formal Expression of Interest (EOI) process to Engineering, Procurement and Construction (EPC) contractors. This milestone signals the project’s transition from planning into active procurement and marks further progress in the development of critical energy infrastructure for South Africa. The EOI provides qualified EPC - [Namibia Clears Backlogs of Farm out Deals](https://africaoilgasreport.com/2026/06/farm-in-farm-out/namibia-clears-backlogs-of-farm-out-deals/) - By Sully Manope, in Windhoek The Namibian government has begun to clear the backlogs of farm –in/farm- out deals awaiting approval. Just four days after -June 25, 2026-the London listed Tower Resources announced that it had received a formal letter of approval from the Namibian Ministry of Industries, Mines and Energy for its farm-out of - [Murphy Reports 30 Metres of Pay in one of the deepest wells in African offshore](https://africaoilgasreport.com/2026/06/oil-patch-sub-sahara/murphy-reports-30-metres-of-pay-in-one-of-the-deepest-wells-in-african-offshore/) - By Marshal Gungubele, in Abidjan U.S minnow Murphy Oil Corporation has announced an oil discovery at the Bubale-1X exploration well in Block CI-709, located approximately 64 kilometres in the Tano Basin offshore Côte d’Ivoire. The Bubale-1X well was drilled to a total depth of 6,263 metres (20,548 feet) in 2,376 metres (7,795 feet) of water. - [Azule Awards $1Billion Contract to Saipem for T&I Services in Angola’s  Greater PAJ Project](https://africaoilgasreport.com/2026/06/in-the-news/azule-awards-1billion-contract-to-saipem-for-ti-services-in-angolas-greater-paj-project/) - Itaian contractor Saipem has been awarded a new offshore contract by Azule Energy for transportation and installation (T&I) services in support of the Greater PAJ project, offshore Angola. The contract, with duration of around 40 months, is worth $1Billion. Saipem’s scope of work entails the engineering, fabrication, transportation and installation of approximately 180 kilometers of - [The Lobito Corridor and Africa’s Battery Making Opportunities](https://africaoilgasreport.com/2026/06/energy-transition/the-lobito-corridor-and-africas-battery-making-opportunities/) - The Lobito Corridor, which traverses 1300 kilometres east through Angola from the Atlantic Ocean coast to the border with the Demcratic Republic of Congo (DRC) and within easy reach of the Zambian border, is fast becoming an important trade route for critical raw materials(CRMs). The Lobito Corridor is attracting attention from a series of competing - [Seplat Goes Deep, Aradel Goes Wide: Nigeria's Two Roads To Creating An Indigenous Major](https://africaoilgasreport.com/2026/06/in-the-news/seplat-goes-deep-aradel-goes-wide-nigerias-two-roads-to-creating-an-indigenous-major/) - When I wrote at the start of this year about the quiet repricing of Nigeria's energy market, the core of my argument was about capital. Custodians of capital had begun to take long-term, risk-based positions in complex assets, and credible exits were finally happening in value-generating, non-distressed upstream assets. Heirs Energies buying Maurel and Prom's - [Panoro Set to Become the Biggest Fish in a Small Pond](https://africaoilgasreport.com/2026/06/farm-in-farm-out/panoro-set-to-become-the-biggest-fish-in-a-small-pond/) - Panoro Energy’s recently completed acquisition of an additional 40.375% interest in Block G in Equatorial Guinea will increase the company’s overall share to 54.625% working interest production in the deepwater acreage located in the Rio Muni Basin. The asset was acquired from Kosmos Energy, the US junior who is now left with only non-producing properties - [Scatec Starts Construction of a 120MW Solar Power Plant in Tunisia](https://africaoilgasreport.com/2026/06/energy-transition/scatec-starts-construction-of-a-120mw-solar-power-plant-in-tunisia/) - Norwegian developer Scaec has reached financial close and commenced construction of 120 MW “Sidi Bouzid II” solar power plant in Tunisia. The total capital expenditure (capex) for the project is estimated at $111Million and will be financed by a combination of non-recourse debt and equity, with a leverage of approximately 70%. Scatec will own 50% - [Bourbon Gets the Gig for Subsea Operations on Ghana’s Jubilee Field](https://africaoilgasreport.com/2026/06/in-the-news/bourbon-gets-the-gig-for-subsea-operations-on-ghanas-jubilee-field/) - BOURBON, the French subsea and marine services contractor, has been awarded a new multi-month contract for operations on the Jubilee field offshore Ghana. The project involves the Multi-Purpose Support Vessel (MPSV) Bourbon Evolution 802, equipped with two work-class HD ROVs to deliver inspection, maintenance and repair (IMR) services on wellheads, cleaning of an FPSO’s mooring - [Canadians Restart Production on Côte d’Ivoire’s Baobab Field after FPSO Refurbishment](https://africaoilgasreport.com/2026/06/in-the-news/canadians-restart-production-on-cote-divoires-baobab-field-after-fpso-refurbishment/) - Canadian Natural Resources (CNR) has recommenced crude oil production on the Baobab field in deepwaters off Côte d’Ivoire, after a major life extension and refurbishment campaign of the field’s Floating Production Storage Offloading (FPSO) facility. Production resumed June 4, 2026, from four producing wells with the remaining three producers expected to come online shortly, stakeholders - [Equinor Moves to Take a 30% Stake in TOTAL Operated Block 16/21 Offshore Angola](https://africaoilgasreport.com/2026/06/farm-in-farm-out/equinor-moves-to-take-a-30-stake-in-total-operated-block-16-21-offshore-angola/) - Equinor has signed an agreement with TOTALEnergies under which the Norwegian company acquires a 30% stake in Block 16/21, offshore Angola, where the French multinational holds 100% participation and the status of Operator. The transaction will be completed after approval from the competent authorities. The asset is non-producing, but it is located south of ExxonMobil - [Dire Straits: Nigerian Indie’s FPSO Is stuck in the Traffic logjam at Hormuz](https://africaoilgasreport.com/2026/06/in-the-news/dire-straits-nigerian-indies-fpso-is-stuck-in-the-traffic-logjam-at-hormuz/) - The Floating Production Storage and Offloading FPSO vessel named EMEM, which is to serve as production platform for Oriental Resources operated Okwok Field, is stuck in a seaway traffic jam between the UAE and Nigeria. EMEM, on its way to the West African country, is held up in the logjam on the Strait of Hormuz, - [Azule Energy Calls for Teders for FPSO Maintenance, Integrity Management, Onshore Engineering, etc](https://africaoilgasreport.com/2026/06/tenders/azule-energy-calls-for-teders-for-fpsomaintenance-integrity-management-onshore-engineering-etc/) - Azule Energy Angola S.p.A, Azule Energy Exploration (Angola) Limited, Azule Energy Angola (Block 18) B.V., and Azule Energy Angola B.V and Azule Energy Limited, Companies operating in Angola in the Exploration, Development and Production of liquid and gaseous hydrocarbons and renewable energies, hereby invite the interested companies to submit their Expression of Interest (EOI) for - [Azule Calls for Expressions of Interest for Provision of Geophysical & Geotechnical Well Site Survey](https://africaoilgasreport.com/2026/06/tenders/azule-calls-for-expressions-of-interest-for-provision-of-geophysical-geotechnical-well-site-survey/) - 12/06/2026 Herewith, please download the list of activities open to EOI Closing date 25 June 2026 Provision of Geophysical & Geotechnical Well Site Survey: i) Proven international experience in offshore geophysical and geotechnical well site surveys and provision of geohazard assessment reports, in water depths up to approx. 400 m WD; ii) At least one - [Azule Energy: EOI for Provision of Offshore Drilling Services through one Dynamic Positioning Dual Activity (DPDA) Mobile Offshore Drilling Unit (MODU)](https://africaoilgasreport.com/2026/06/tenders/azule-energy-eoi-for-provision-of-offshore-drilling-services-through-one-dynamic-positioning-dual-activity-dpda-mobile-offshore-drilling-unit-modu/) - 12/06/2026 Herewith, please download the list of activities open to EOI Closing date 25 June 2026 Provision of Offshore Drilling Services through one Dynamic Positioning Dual Activity (DPDA) Mobile Offshore Drilling Unit (MODU): i) Hybrid Positioning system (DP3): having capability to operate in water depth from 400 meters to 3000 meters; ii) POB from 200 - [Azule Calls for Expressions of Interest for End-to-End IT Support Management](https://africaoilgasreport.com/2026/06/tenders/azule-calls-for-expressions-of-interest-for-end-to-end-it-support-management/) - 12/06/2026 Herewith, please download the list of activities open to EOI Closing date 25 June 2026 End-to-End IT Support Management: i) Requirements include proven experience delivering end-to-end IT Service Desk managed services across remote, onsite and field support; Capability to provide Level 1 and 1.5 support; ii) Coverage for users in office, onshore, offshore and - [Seplat Brings Back ‘Effy’ Okon as CEO, Names Elumelu as the Next Chairman](https://africaoilgasreport.com/2026/06/petroleum-people/seplat-brings-back-effy-okon-as-ceo-names-elumelu-as-the-next-chairman/) - Seplat Energy PLC has appointed Effiong (Effy) Okon as Chief Executive Officer and Executive Director with effect from August 1, 2026. The company’s board has also elected Tony O. Elumelu, as Chairman with effect from January 1, 2027. Okon was initially hired from Shell in 2018 to succeed Austin Avuru, the company’s founding CEO . - [How the Strait of Hormuz has re-invigorated the Energy Transition](https://africaoilgasreport.com/2026/06/energy-transition/how-the-strait-of-hormuz-has-re-invigorated-the-energy-transition/) - Security and reliability of energy have always been the hallmark of the oil and gas industry. Yet the Strait of Hormuz crisis has reminded us how vulnerable the world has become by relying so heavily on oil and gas. The implications are far-reaching, both for the industrial countries but also for Africa, and in particular - [TGS Captures Eq. Guinea in its Mega Surveys Basket](https://africaoilgasreport.com/2026/06/oil-patch-sub-sahara/tgs-captures-eq-guinea-in-its-mega-surveys-basket/) - The Norwegian seismic specialist, TGS, has announced the signing of an agreement with the Ministry of Hydrocarbon and Mining Development of the Republic of Equatorial Guinea to create an offshore MegaSurvey, a large-scale multi-client seismic product. The first phase will include the post-stack reprocessing of approximately 27,273 kilometres of two dimensional (2D) seismic data and - [More Piped Gas Flows into Egypt from Israel](https://africaoilgasreport.com/2026/06/gas-monetization/more-piped-gas-flows-into-egypt-from-israel/) - Egypt is expecting an extra 200Million standard cubic feet of gas per day (MMscf/d) via pipeline from Israel by the end of June 2026. The new 46 kilometre Ashdod-Ashkelon pipeline, operated by Israel Natural Gas Lines (INGL), is an additional stretch of transportation facility from offshore Israel, to ease bottlenecks in that country’s southern gas - [Practical Nigerian Content Forum 2026 to Convene Industry Leaders for Landmark 15th Edition](https://africaoilgasreport.com/2026/06/partner-content/practical-nigerian-content-forum-2026-to-convene-industry-leaders-for-landmark-15th-edition/) - PARTNER CONTENT As geopolitical realignments accelerate the search for diversified energy sources, Africa's strategic weight in global energy markets is growing, and with it, the opportunity for Nigeria to convert domestic capacity development into lasting industrial advantage. Capturing that opportunity requires sustained, focused industry dialogue, and it is in that spirit that the Practical Nigerian - [Tony Elumelu on the Cards to be Seplat Chairman](https://africaoilgasreport.com/2026/06/in-the-news/tony-elumelu-on-the-cards-to-be-seplat-chairman/) - Tony Elumelu is on the cards to become the next Chairman of Seplat Energy, one of Africa’s largest homegrown E&P companies. He may take the non-executive role in April 2027, fifteen months after he joined the board as a non-executive director, if Udoma Udo Udoma, who formally became chairman in April 2024, elects retirement. Elumelu, - [ENI Takes 16 Blocks in Guinea and The Gambia](https://africaoilgasreport.com/2026/06/farm-in-farm-out/eni-takes-16-blocks-in-guinea-and-the-gambia/) - Italian major ENI is taking a look at what could have been overlooked in the serial exploration campaigns offshore the Northwest African margin in the last 15 years. On June 2, 2026, the company secured reconnaissance permits for 15 blocks off the coast of Guinea, a largely unexplored part of the Northwest African margin, also - [Etu Moves to Clip Energean’s Wings in Angola, But there’s a Catch](https://africaoilgasreport.com/2026/06/farm-in-farm-out/etu-moves-to-clip-energeans-wings-in-angola-but-theres-a-catch/) - Angolan junior, Etu Energias, has signaled it wants to exercise its pre-emption rights in relation to Energean Plc’s proposed acquisition of Chevron’s 31% operated interest in Block 14 and a 15.5% non-operated interest in Block 14K, in deep-water offshore Angola. The proposed Sale and Purchase was announced by Energean Plc, a UK headquartered company, on - [Saipem Concludes a Crucial Item in Libya’s Bouri Gas Utilization Project](https://africaoilgasreport.com/2026/06/gas-monetization/saipem-concludes-a-crucial-item-in-libyas-bouri-gas-utilization-project/) - Italian contractor, Saipem, says it has delivered the gas recovery module for the Bouri Gas Utilization Project (BGUP), to the project site offshore Libya. “Weighing more than 5,200 tonnes and measuring approximately 45 metres by 31 metres, with a height of around 45 metres, the module was built in about two years, and integrates advanced - [ExxonMobil’s Owowo, Bosi, Will Involve Substantial Gas Output](https://africaoilgasreport.com/2026/06/gas-monetization/exxonmobils-owowo-bosi-will-involve-substantial-gas-output/) - ExxonMobil is looking to exploit a significant volume of gas when it develops its Owowo and Bosi fields, whose sanctions are both a heavy work in progress. “Part of Owowo's delivery is a gas pipeline”, says Jagir Baxi, Lead Country Manager of ExxonMobil Nigeria and its affiliates. “If we are successful to FID (Final Investment - [Petralon Announces Cumulative Export of 350,000Barrels from Dawes Island](https://africaoilgasreport.com/2026/06/in-the-news/petralon-announces-cumulative-export-of-350000barrels-from-dawes-island/) - The Nigerian independent, Petralon Energy, has announced the commencement of production on its second consecutive well, DI-3 on the Dawes Island field onshore eastern Niger Delta basin. Production on the well commenced on March 14, 2026 “and has since delivered average additional daily production of approximately 2,800 barrels of oil per day (BOPD), bringing the field's - [Africa’s Gas Matters: We Want More, We Get Less/ Our Latest Issue](https://africaoilgasreport.com/2026/06/in-the-news/africas-gas-matters-we-want-more-we-get-less-our-latest-issue/) - Egypt needs to increase its gas output by at least 1 Billion standard cubic feet per day (1Bscf/d), to drastically reduce the burgeoning importation of LNG forced on it by rapidly depleting reserves. But the highest increments it can have in the next six months are 160Million standard cubic feet per day (MMscf/d) from Shell - [Waltersmith to Include Jet Fuel Among its Products, as ARADEL’s Refined Output Jumps](https://africaoilgasreport.com/2026/05/refining-gap/waltersmith-to-include-jet-fuel-among-its-products-as-aradels-refined-output-jumps/) - By Sully Manope, in Owerri The Nigerian refiner, Waltersmith Petroman, is planning to include Jet Fuel among the products of its 10,000Barrels Per Stream Day refinery, to take advantage of the captive market. The company is working through the international certification of the Jet Fuel unit and expects to introduce the product into the market - [Algeria’s Naftal plans three LPG filling plants in Niger](https://africaoilgasreport.com/2026/05/domestic-gas-retail/algerias-naftal-plans-three-lpg-filling-plants-in-niger/) - Algeria's state hydrocarbon firm Naftal, plans to build three LPG cylinder filling plants in the republic of Niger. The project is intended to expand LPG storage and distribution capacity in Niger. It is part of Algeria’s build-up of its energy projects in the Sahel and a strengthening of strategic partnership with its southern neighbour. For - [Algeria Makes its First LPG Delivery to Chad](https://africaoilgasreport.com/2026/05/domestic-gas-retail/algeria-makes-its-first-lpg-delivery-to-chad/) - SONATRACH has announced the loading of its first shipment of Liquefied Petroleum Gas (LPG butane) destined for the port of Douala in Cameroon, which will be transported overland to Chad. This shipment follows discussions between SONATRACH, the Algeria state hydrocarbon company and the Chadian owned Gazcom, a local distributor of petroleum products. Those government to - [Despite Pull Back by Oil &Gas Companies, Renewable Energy is Advancing in Power Generation](https://africaoilgasreport.com/2026/05/energy-transition/despite-pull-back-by-oil-gas-companies-renewable-energy-is-advancing-in-power-generation/) - Global power generation is experiencing a significant shift toward renewable sources, leading to a gradual decline in reliance on fossil fuels. Over the past decade, global power generation has increased by roughly 30%, and during that period, renewable energy has nearly doubled, according to a new Strategic Intelligence Report by GlobalData. Renewables are expected to - [Matrix, TOTAL, Conclude 3D Seismic Acquisition in Nigeria’s Shallow Water](https://africaoilgasreport.com/2026/05/in-the-news/matrix-total-conclude-3d-seismic-acquisition-in-nigerias-shallow-water/) - The Nigerian junior Matrix Energy and the French major TOTALEnergies have each recently concluded a three dimensional (3D) seismic data acquisition in shallow water assets offshore Nigeria. The two projects were carried out for the two companies by Shearwater Geoservices AS. Shearwater’s press release did not disclose the size of data acquired for Matrix in - [TGS Awarded Large 4D Streamer Contract Offshore Angola](https://africaoilgasreport.com/2026/05/farm-in-farm-out/tgs-awarded-large-4d-streamer-contract-offshore-angola/) - The Norwegian geophysics acquisition giant TGS, has announced the award of a large and high-end four dimensional (4D) seismic acquisition streamer contract offshore Angola. The programme is scheduled to commence acquisition in early July 2026, and the contract has a duration of approximately eight months. The acquisition will leverage the company’s advanced Ramform acquisition platform, - [Ojulari Missed the Visible Targets, But “His” NNPC is Being Blamed for the Wrong Things](https://africaoilgasreport.com/2026/05/in-the-news/ojulari-missed-the-visible-targets-but-his-nnpc-is-being-blamed-for-the-wrong-things/) - By Toyin Akinosho, in Eket Media criticism of Bayo Ojulari’s team has focused extensively on the overall crude oil output of the country. This is a misapplication of blame. His 14 month old management at NNPC Ltd, the Nigerian state hydrocarbon company, missed one crucial target: the completion of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline. NNPC - [ENI Sanctions Baleine Phase 3 in Côte d’Ivoire, to Deliver 183KBOEPD at Peak](https://africaoilgasreport.com/2026/05/in-the-news/eni-sanctions-baleine-phase-3-in-cote-divoire-to-deliver-183kboepd-at-peak/) - Italian major ENI, with Petroci and Vitol have approved the final investment decision (FID) for the Baleine Phase 3 project in Côte d’Ivoir. “The full-field Phase 3 development will increase oil production from 60,000 to 150,000 barrels per day (150,000BOPD) and gas output from 80 to 200 million cubic feet per day (200MMsf/d)”, ENI says - [BW Energy Takes a $300Million FID on Gabon's Bourdon Development](https://africaoilgasreport.com/2026/05/in-the-news/bw-energy-takes-a-300milliion-fid-on-gabons-bourdon-development/) - The Nrweigian minnow, BW Energy has approved the Final Investment Decision (FID) for the offshore Bourdon oil field development in Gabon. The $300Million project will repurpose the Akoum jack-up rig into a new wellhead platform to extract an estimated 25Million barrels of recoverable oil (2P reserves), with first production targeted for the first quarter of - [S&P Energy Has Appointed a Director, Relationship Management for West Africa](https://africaoilgasreport.com/2026/05/petroleum-people/sp-energy-has-appointed-a-director-relationship-management-for-west-africa/) - The Nigerian attorney, Emike Akwiwu, has been appointed Director of S&P Energy’s Relationship Management for Africa Energy Markets. The promotion moves Akwiwu, until now the senior upstream legal analyst in the Petroleum Economics and Policy Solutions team at S&P Global Energy, from Landon in the United Kingdom, to Abuja in Nigeria, where the position is - [“Madam Gas’ is NGA’s New President](https://africaoilgasreport.com/2026/05/petroleum-people/madam-gas-is-ngas-new-president/) - Yetunde Taiwo has been elected president of the Nigerian Gas Association. She takes over from Akachukwu Nwokedi, the General Counsel and company secretary of the Nigeria Liquefied Natural Gas (NLNG) Ltd, who had helmed the influential advocacy group since April 2023. Taiwo joined the US major Chevron as a reservoir engineer in 1991. She has - [Inside the Dangote Refinery: What the Public Should Know Before the IPO](https://africaoilgasreport.com/2026/05/refining-gap/inside-the-dangote-refinery-what-the-public-should-know-before-the-ipo/) - OPINION/ANALYSIS By the time the Dangote Petroleum Refinery begins selling shares to the public later this year, millions of Nigerians will have heard the headlines. Africa's largest refinery. With input capacity of 650,000 barrels per stream day. A $20Billion construction price tag. A planned valuation between $40 and $50Billion. The biggest IPO in African capital - [In Gabon, Drilling Campaign Is Close to Start for MaBoMo Phase 2 Development](https://africaoilgasreport.com/2026/05/oil-patch-sub-sahara/in-gabon-drilling-campaign-is-close-to-start-for-mabomo-phase-2-development/) - Drilling is scheduled to commence mid-year (July) 2026 for the MaBoMo Phase 2 Development in the Dussfu license offshore Gabon The programme includes four initial production wells drilled from the existing BW MaBoMo mobile production unit, with two additional appraisal wells currently under evaluation. First oil has been scheduled for late 2026 into the first - [Congo Climbs Over the 300KBOPD Mark, then Falls as Minister is Eased Out of Office](https://africaoilgasreport.com/2026/05/petroleum-people/congo-climbs-over-the-300kbopd-mark-then-falls-as-minister-is-eased-out-of-office/) - The Republic of Congo (Congo Brazzaville) averaged 307,000Barrels of Oil Per Day in March 2026, higher than the average daily output the country has achieved in any month in the last three years. Then production dropped to 292,000BOPD the month after, as if in response to President Denis Sassou Nguesso’s decision to ease out Bruno - [Egypt Pulls in TOTALEnergies in a Broad Search for New Gas](https://africaoilgasreport.com/2026/05/farm-in-farm-out/egypt-pulls-in-totaleergies-in-a-broad-search-for-new-gas/) - Egyptian authorities have convinced the French major TOTALEnerges to be part of the exploration studies for new gas in the country, without committing to the terms of a regular licence. In the event, the state hydrocarbon firm Egyptian Natural Gas Holding Company (EGAS) has signed a Memorandum of Understanding (MoU) with the company on exploration - [Angola’s Etu Is Thrilled by the Flow of a Trickle of Oil in Block 2/05](https://africaoilgasreport.com/2026/05/oil-patch-sub-sahara/angolas-etu-is-thrilled-by-the-flow-of-a-trickle-of-oil-in-block-2-05/) - Angola’s largest homegrown E&P firm, Etu Energias, has proudly announced the safe and successful completion of drilling, completion and testing operations of the Espadarte 7ST2 appraisal well (ESP 7ST2), located in Block 2/05 of the Lower Congo Basin, in the country. The company is elated that the extended reach well, aimed at evaluating the channel - [Three Acreages Up for Grabs in São Tomé e Príncipe's EEZ](https://africaoilgasreport.com/2026/05/farm-in-farm-out/three-acreages-up-for-grabs-in-sao-tome-e-principes-eez/) - São Tomé e Príncipe's upstream Petroleum Regulator Agência Nacional do Petróleo de São Tomé e Príncipe ("ANP-STP"), has invited eligible oil companies to submit their technical and financial proposal to acquire up to 85% of Participating lnterest in Blocks 7, 8 and 9 of the country's Economic Exclusive Zone. The invitation is accordance with the - [TOTAL Gets to Work Block 32 until 2043](https://africaoilgasreport.com/2026/05/farm-in-farm-out/total-gets-to-work-block-32-until-2043/) - French major TOTALEnergies has inked an ‘Agreement of Principles’ that establishes the general terms for the continuous development of Block 32, and extends the production periods of the Block's Development Areas until the year 2043, with the Angolan National Agency for Petroleum, Gas and Biofuels (ANPG). “The Agreement in Principles is the result of a - [Event Listing – African Energy Week (AEW) 2026](https://africaoilgasreport.com/2026/05/events/event-listing-african-energy-week-aew-2026/) - Date and Time: 12 – 16 October 2026. Venue: CTICC 1 in Cape Town, South Africa. About: African Energy Week (AEW) is the African Energy Chamber (AEC)’s annual event, uniting African energy leaders, global investors and executives from across the public and private sector for four days of intense dialogue on the future of the - [Shell Will Start Producing New Gas in Egypt from 4Q 2026](https://africaoilgasreport.com/2026/05/gas-monetization/shell-will-start-producing-new-gas-in-egypt-from-4q-2026/) - UK major Shell will commence gas production at the Mina West field in Egypt’s segment of the Mediterranean Sea, in the fourth quarter of 2026. The project, expected to top up the country’ output by 160Million standard cubic feet of gas per day, is being developed by Shell and Kuwait Foreign Petroleum Exploration Company (KUFPEC), - [ADES (Shelf Drilling) Signs Close to $100Million Contract with Seplat Energy](https://africaoilgasreport.com/2026/05/oil-patch-sub-sahara/ades-shelf-drilling-signs-close-to-100million-contract-with-seplat-energy/) - Saudi vehicle ADES Holding Co. has secured a contract for the jack-up Shelf Drilling Victory in Nigeria from Seplat Energy Producing Nigeria Unlimited (SEPNU), a subsidiary of Seplat Energy, Africa’s largest homegrown E&P operator. The contract is for a firm period of two years, “with two unpriced optional extension periods of one year each”, ADES - [Unlocking Trapped Billions: Why Digital Supply-Chain Finance Is Nigeria's Fastest Route Out of the Contractor Payment Crisis](https://africaoilgasreport.com/2026/05/opinion/unlocking-trapped-billions-why-digital-supply-chain-finance-is-nigerias-fastest-route-out-of-the-contractor-payment-crisis/) - OPINION /ANALYSIS Nigeria’s Upstream Crisis Is No Longer About Oil. It Is About Liquidity. Nigeria’s oil and gas sector is confronting a dangerous contradiction. At the precise moment indigenous operators have assumed unprecedented control of national production assets, the financial infrastructure supporting the supply chain beneath them remains structurally fragile. The consequence is increasingly visible - [What can the oil majors offer shareholders in 2026 and beyond?](https://africaoilgasreport.com/2026/05/energy-transition/what-can-the-oil-majors-offer-shareholders-in-2026-and-beyond/) - Annual General Meetings( AGMs) of publicly traded companies is perhaps the only occasion that shareholders can meet and confront-- face-to-face---company management. Shareholder activism, to ensure that dividends are paid and continue in the future, are the dread and fright of many senior company managements. Yet if you are a deepwater operator, there is an urgent - [REQUEST FOR EXPRESSION OF INTEREST: RENAISSANCE VENDOR FINANCING SCHEME](https://africaoilgasreport.com/2026/05/tenders/request-for-expression-of-interest-renaissance-vendor-financing-scheme/) - Structured financing for Africa’s energy future. Renaissance Africa Energy Company Limited (“Renaissance”) invites eligible commercial banks and development financial Institutions to submit information relating to provision of structured credit facilities to finance contracts awarded by Renaissance to its contractors. This proposed financing scheme is intended to support the development of local contractors, ease funding constraints - [Viridien in Second  Phase of Reimaging Côte d’Ivoire’s Segment of the Tano Basin](https://africaoilgasreport.com/2026/05/oil-patch-sub-sahara/viridien-in-second-phase-of-reimaging-cote-divoires-segment-of-the-tano-basin/) - Viridien has commenced CDI25, a 6,555 km² seismic reimaging project in the Tano Basin, Côte d’Ivoire, “delivering a drill-ready multi-client dataset for explorers pursuing opportunities along the West African Atlantic margin”. Fast-track results from the project are scheduled for Q4 2026 and final deliverables by Q2 2027. “CDI25 is part of a larger Côte d’Ivoire - [Chinese Companies Will Complete and Run Nigeria’s State Owned Refineries](https://africaoilgasreport.com/2026/05/refining-gap/chinese-companies-will-complete-and-run-nigerias-state-owned-refineries/) - Nigeria’s state hydrocarbon company NNPC Ltd has signed a Memorandum of Understanding (MoU) with two Chinese companies, Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd, for collaboration through a potential Technical Equity Partnership (TEP) in support of the completion and operation of the Port Harcourt and Warri Refineries. The - [Algeria's 2026 Bid Round Offers Blocks in Producing Areas](https://africaoilgasreport.com/2026/05/farm-in-farm-out/algerias-2026-bid-round-offers-blocks-in-producing-areas/) - Algeria is offering seven blocks in its recently launched bid round in the perimeters around existing oil and gas fields in the Berkine and Illizi basins. The National Agency for the Valorization of Hydrocarbon Resources (Alnaft), the country's upstream regulator, describes the blocks "high impact”, as they are “surrounded by mature fields, ongoing exploration and - [The Latest monthly edition of Africa Oil+Gas Report](https://africaoilgasreport.com/2026/05/in-the-news/the-latest-monthly-edition-of-africa-oilgas-report/) - is themed: NIGERIA: THE REFORM UPDATE Below is the link to your copy: https://africa-oil-gas-report.com/wp-content/uploads/2026/04/AOGR-Vol.-27-No.3-2026-.pdf Some of the highlights: KICKSTARTER NNPC Missed Targets, But is Blamed For the Wrong Things COVER FEATURE Operators’ Perception of New Regulators Mixed Messages Led to Petroleum Taskforce WHO IS BUYING/SELLING? First E&P in Talks to Buy Out NNPC NNPC Divestment - [Mixed Messages and the Nigerian Petroleum Sector Reform/Our Latest Issue](https://africaoilgasreport.com/2026/05/in-the-news/mixed-messages-and-the-nigerian-petroleum-sector-reform-our-latest-issue/) - Nigerian president Ahmed Bola Tinubu's reform of the petroleum sector, started right off the bat. He announced the cessation of the ruinous subsidies on imported petroleum products right on Inauguration Day. He made himself Petroleum Minister, but he recruited Olu Verheijen, a key member of the oil and gas Policy Advisory team he had earlier - [‘What Nigeria Offers Dangote, as Crude, is Much More Than It Chooses to Buy’](https://africaoilgasreport.com/2026/05/refining-gap/what-nigeria-offers-dangote-as-crude-is-much-more-than-it-chooses-to-buy/) - By Sully Manope, in Abuja Every month, the Nigerian Upstream Petroleum Regulatory Commission convenes a meeting of operating companies and the Dangote Refinery in a room at a princely hotel in Abuja. The March 2026 edition of the meeting took place on Mach 16, 2026. In that meeting the operators are obliged to offer cargoes - [Angola Supplies 12,000BOPD Crude to its Only Functioning Refinery](https://africaoilgasreport.com/2026/05/refining-gap/angola-supplies-12000bopd-crude-to-its-only-functioning-refinery/) - By Justin Njoroge, in Luanda Angola’s upstream regulator, the National Oil, Gas and Biofuels Agency (ANPG) has reported crude oil export of 1,152,930 barrels of oil per day (BOPD) out of the country in March 2026, with 11,934BOPD supplied to the Luanda Refinery, the country’s only fully functional refining plant. The Luanda refinery has a - [In the Past One Year, I’ve become Less Optimistic about NNPC’s Buoyancy](https://africaoilgasreport.com/2026/05/in-the-news/in-the-past-one-year-ive-become-less-optimistic-about-nnpcs-buoyancy/) - OPINION/ANALYSIS Hope is part of Nigeria’s national character. We endure setbacks yet continue to believe renewal is possible. But optimism must never become a substitute for reality. It must be tested against evidence, performance and outcomes. It is from that standpoint that I reflect on the future of the Nigerian National Petroleum Company Limited (NNPC - [The Unpaid Barrel: Why Nigeria Must Protect Oilfield Contractors Before Production Ambition Turns Hollow](https://africaoilgasreport.com/2026/05/in-the-news/the-unpaid-barrel-why-nigeria-must-protect-oilfield-contractors-before-production-ambition-turns-hollow/) - OPINION/ANALYSIS Every barrel Nigeria produces carries an unpaid story before it reaches a terminal. A rig has moved. A crew has slept offshore. Chemicals have been supplied. A vessel has sailed. A compressor has been maintained. A valve has been replaced. A Nigerian firm has borrowed from a bank, paid salaries, bought spares, handled logistics, - [John Hamilton’s Retirement from Panoro is Huge](https://africaoilgasreport.com/2026/05/petroleum-people/john-hamiltons-retirement-from-panoro-is-huge/) - John Hamilton took a leave of absence from the role of Panoro Resources’ Group Chief Executive Officer, for personal reasons in October 2025. He didn’t return to work. Instead, he has announced his retirement. Hamilton was a momentous leader at Panoro, an Oslo listed junior entirely focused on African operations. He took the office in - [Nigeria Appoints a Former Dangote Employee to Head Downstream Regulation](https://africaoilgasreport.com/2026/05/petroleum-people/nigeria-appoints-a-former-dangote-employee-to-head-downstream-regulation/) - Nigeria’s President Bola Ahmed Tinubu, removed Saidu Mohammed as the Authority Chief Executive (ACE) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and approved the nomination of Rabiu Abdullahi Umar as the new ACE. The statement from the country’s state house in Abuja said that Mohammed’s ouster was “in the public interest”. If - [Angola Exported Fewer Barrels, With a Bump in Revenue to ~$7Billion, in 1Q 2026](https://africaoilgasreport.com/2026/05/in-the-news/angola-exported-fewer-barrels-with-a-bump-in-revenue-to-7billion-in-1q-2026/) - Angola exported approximately 86.18Million barrels of crude oil, valued at around S$7.16Billion in the first quarter of 2026. “The volume exported showed a reduction of 9.14% compared to the previous quarter and 0.90% compared to the same period in 2025.”, according to a presentation by the Ministry of Mineral Resources, Petroleum and Gas (MIREMPET), the - [Pay the Contractors or Lose the Barrels: Nigeria’s Oil Industry Cannot Grow on Broken Contracts](https://africaoilgasreport.com/2026/05/in-the-news/pay-the-contractors-or-lose-the-barrels-nigerias-oil-industry-cannot-grow-on-broken-contracts/) - OPINION/ANALYSIS Nigeria talks about oil production targets with admirable urgency. The 2026 federal budget rests on crude oil and condensate production of 1.84Million barrels per day and an oil price benchmark of $64.85 per barrel. The country’s recently ousted finance minister was quoted as saying that production had risen to about 1.8Million barrels per day - [NNPC Completes the Crucial OB3 River Niger Crossing](https://africaoilgasreport.com/2026/04/gas-monetization/nnpc-completes-the-crucial-ob3-river-niger-crossing/) - Nigeria’s state hydrocarbon firm NNPC Limited has reported successful completion of the River Niger Crossing of the 130-kilometre Obiafu-Obrikom-Oben (OB3) Gas Pipeline. “It’s the crucial “milestone in the expansion of Nigeria’s national gas transmission network”, the company declares in a statement. The project is being constructed by NNPC Gas Infrastructure Company (NGIC), a wholly owned - [The Hormuz in Abuja: Nigeria’s Ironic Petro-paralysis Amidst a Windfall](https://africaoilgasreport.com/2026/04/in-the-news/the-hormuz-in-abuja-nigerias-ironic-petro-paralysis-amidst-a-windfall/) - When an oil shock, a Trillion-dollar ambition, a credibility deficit at OPEC, a power crisis, and a looming general election collide, the result is not a strategy — it is a reckoning. When historian Niall Ferguson wrote recently that "we are facing the largest energy shock of our lives," he was addressing Western economies. He - [Reopening Fuel Imports Is Not Reform, It Is Regression](https://africaoilgasreport.com/2026/04/opinion/reopening-fuel-imports-is-not-reform-it-is-regression/) - OPINION/ANALYSIS In April 2026, the World Bank repeated a familiar prescription, one of many that have never guided any developing nation toward genuine success. The pattern is predictable: a prescription, followed by confusion, and ultimately chaos. This time, it urged Nigeria to reopen petrol imports to moderate inflation. The argument was wrapped in technocratic language, - [Europe wants Africa’s gas. Africa is being told not to use it](https://africaoilgasreport.com/2026/04/opinion/europe-wants-africas-gas-africa-is-being-told-not-to-use-it/) - OPINION/ANALYSIS The global energy map is being redrawn, and Africa is back at the centre of it. Since the Russia-Ukraine War, Europe has been searching for alternatives to Russian energy. That search has sharpened into urgency in recent weeks, as escalating tensions between the United States and Iran disrupt global oil flows and rattle one - [Non-Binding Offer Stage Delayed for “First Batch” of  Participants in NNPC Divestment](https://africaoilgasreport.com/2026/04/farm-in-farm-out/non-binding-offer-stage-delayed-for-first-batch-of-participants-in-nnpc-divestment/) - The first batch of Companies and Consortia selected to participate in Project Delta, the divestment process by which NNPC Ltd hopes to attract capital and high quality project execution into its assets, were initially expected to submit non-binding offers and letters of intent by latest April 20, 2026, for the assets they are offered out - [‘It’s 20th Anniversary of Erha’s First Oil and We’re Doubling up on Output in Usan Field’](https://africaoilgasreport.com/2026/04/in-the-news/its-20th-anniversary-of-erhas-first-oil-and-were-doubling-up-on-output-in-usan-field/) - Jagir Baxi, the affable Lead Country Manager of ExxonMobil Nigeria, pointed to at least four clear take aways from the Erha-First Oil-Anniversary media interview the company hosted at its headquarters in Ikoyi, on Lagos Island: The announcement of Final Investment Decision(FID) for the $1Billion Usan field redevelopment is imminent; the narrative abroad that ExxonMobil was - [Nigeria’s Energy Paradox: Stability Abroad, Strain at Home](https://africaoilgasreport.com/2026/04/in-the-news/nigerias-energy-paradox-stability-abroad-strain-at-home/) - There’s something quietly unusual happening in Nigeria’s energy story. It isn’t loud. It doesn’t dominate headlines. But if you look closely, it says quite a lot about where the country stands… and where it still struggles. Europe, facing disruptions in jet fuel supply linked to instability across parts of the Middle East, has been adjusting. - [Data Availability, Veracity is posing a Huge Drawback in Nigeria’s Ongoing Bid Round](https://africaoilgasreport.com/2026/04/farm-in-farm-out/data-availability-veracity-is-posing-a-huge-drawback-in-nigerias-ongoing-bid-round/) - By Macson Obojemuinmoin, in Abuja As the on-going Nigerian bid round reaches the stage at which applicants will evaluate the blocks and pick their candidate acreages, the revelation is that there are large obstacles to data access for the work that is required to be done. Several participants in the process say there are trust - [Evaluating Europe’s Gas/ Renewables Requirements](https://africaoilgasreport.com/2026/04/gas-monetization/evaluating-europes-gas-renewables-requirements/) - If you are confused about the future outcome of the scope and direction of Europe’s natural gas policies then Ihope this article will bring you some clarity and understanding. Not only about Europe’s energy politics but also the implications for Asia and Africa. Firstly, the EU has, since the invasion by Russia of the Ukraine, - [Songo Gas Producer Initiates Divestment of its Tanzanian Operations, Citing Huge Uncertainty](https://africaoilgasreport.com/2026/04/farm-in-farm-out/songo-gas-producer-initiates-divestment-of-its-tanzanian-operations-citing-huge-uncertainty/) - By Justine Njoroge, in Dar es Salam Canadian junior Orca Energy, the largest producer of natural gas in Tanzania, has initiated divestment of its assets in the country, citing on-going high risks and constrained future prospects. The company reports that it has entered into a definitive Share Purchase Agreement (SPA) with Taifa Gas Tanzania Limited - [Namibia’s Local Content Policy Approved “In Principle”](https://africaoilgasreport.com/2026/04/in-the-news/namibias-local-content-policy-approved-in-principle/) - Nuyoma Wagari, in Windhoek Namibia’s upstream local content policy has moved beyond the draft phase, but not yet ready for gazetting, an oil and gas conference has learned in Windhoek. The country’s Cabinet has approved the policy “in principle”, President Netumbo Nandi-Ndaitwah told the ongoing Namibia International Energy Conference. The Cabinet signed off on the - [Bashorun Takes Hold of Energia](https://africaoilgasreport.com/2026/04/petroleum-people/bashorun-takes-hold-of-energia/) - Energia Limited has announced the appointment of Oladimeji Bashorun as its Chief Executive Officer (CEO), following the vacancy created by Chidi Egonu’s exit. The press release did not indicate the manner of Egonu’s leaving. The former CEO had left the company as back as August 2025. Egonu joined Energia as Chief Finance Officer (CF0) in - [Katti Had Ownership Knowledge before the Namibian Rush](https://africaoilgasreport.com/2026/04/opinion/katti-had-ownership-knowledge-before-the-namibian-rush/) - OPINION/ANALYSIS By African Energy Chamber The rise of Namibia as one of the world’s most closely watched oil and gas frontiers did not happen by accident. Long before the wave of supermajors and billion-dollar discoveries, a small group of local pioneers were working to position the country as a serious player in global energy markets. - [TOTAL Encounters New Oil in The Congo, Will Top up the Output A Bit](https://africaoilgasreport.com/2026/04/oil-patch-sub-sahara/total-encounters-new-oil-in-the-congo-will-top-up-the-output-a-bit/) - TOTALEnergies EP Congo has announced a hydrocarbon discovery on the Moho license, offshore the Republic of Congo, following the drilling of the MHNM-6 NFW exploration well targeting the Moho G structure. The well encountered a hydrocarbon column of approximately 160 metres in good-quality Albian reservoirs, and an extensive data acquisition and sampling campaign was carried out to support the - [Bayo Akinpelu: A River That Runs Deep](https://africaoilgasreport.com/2026/04/in-the-news/bayo-akinpelu-a-river-that-runs-deep/) - BAYO AKINPELU, convener of the first Africa wide Deepwter Exploration Conference anchored by the American Association of Petroleum Geologists (AAPG), former president of the Nigerian Association of Petroleum Explorationists (NAPE) and the founding African Region President of the AAPG, achieves a consequential milestone, today, Saturday, April 11, 2026. Herewith, is my testimony to courage and - [bp Fully Joins the Namibian Rush, via Three Acreages](https://africaoilgasreport.com/2026/04/farm-in-farm-out/bp-fully-joins-the-namibian-rush-via-three-acreages/) - By Sully Manope, in Windhoek The British major bp has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas, a Canadian minnow. The agreement “builds on bp’s aim to strengthen its exploration portfolio, following on an exceptional exploration year, with 12 discoveries in 2025 including - [ENI Heeds Badawi’s Call; Makes 2Tcf Gas Discovery in  Egypt](https://africaoilgasreport.com/2026/04/oilpatch-sahara/eni-heeds-badawis-call-makes-2tcf-gas-discovery-in-egypt/) - Italian explorer ENI has announced a significant gas and condensate discovery in Egypt, following the successful drilling of the Denise W 1 exploration well in the Temsah concession, located offshore in the Eastern Mediterranean. Preliminary estimates indicate approximately 2Trillion cubic feet (Tcf) of gas initially in place (GIIP) and 130Million barrels of associated condensates, the - [Beyond Compliance: The Quiet Threat to Nigeria’s Local Content Success](https://africaoilgasreport.com/2026/04/in-the-news/beyond-compliance-the-quiet-threat-to-nigerias-local-content-success/) - Nigeria’s local content journey has made remarkable progress. Over the last decade, indigenous participation in the oil and gas sector has grown significantly. Nigerian companies are no longer limited to minor support roles. Today, they are active across the value chain — from exploration and subsurface services to engineering, fabrication, marine operations, construction, project management, - [Egyptian Engineer Killed in the US-Iran War, on a Gas Plant Strike in UAE](https://africaoilgasreport.com/2026/04/petroleum-people/egyptian-engineer-killed-in-the-us-iran-war-on-a-gas-plant-strike-in-uae/) - The Egyptian Government has publicly announced the mourning of the death of an engineer with the state oil service firm, caught in the crossfire of the US-Iran war. Hossam Sadek Khalifa, Assistant General Manager at Petrojet’s UAE branch, was killed at Abu Dhabi’s Habshan gas processing facility, after falling debris from a UAE air defence - [BP CEO Appoints “Rival” as Her Deputy](https://africaoilgasreport.com/2026/04/petroleum-people/bp-ceo-appoints-rival-as-her-deputy/) - Carol Howle was acting CEO of BP in the period between the departure of the former CEO Murray Auchinloss and the resumption of the current head of the company Meg O’Neal. Now she has been appointed deputy chief executive officer, effective April 2, 2026. Howle will continue to lead supply, trading and shipping (ST&S) at - [Nigeria is Massively Drilling, with Much More Planned for 2027](https://africaoilgasreport.com/2026/04/oil-patch-sub-sahara/nigeria-is-massively-drilling-with-so-much-promised-until-2027/) - The drillship Noble Gerry de Souza (NGdS) and the land rig Bembu 1 are scheduled to join the current fleet of 54 rigs active in the Nigerian oil patch before June 2026, bolstering a busy, basin- wide rig site activity that had zoomed off in the Niger Delta since 2024. The national rig schedule indicates - [The Swamp to Deepwater Gauntlet: Designing Fit-For-Purpose Site Surveys Across Nigeria’s Offshore Blocks](https://africaoilgasreport.com/2026/04/in-the-news/the-swamp-to-deepwater-gauntlet-designing-fit-for-purpose-site-surveys-across-nigerias-offshore-blocks/) - By Akpelu Paul Kelechi The last technical meeting of the Nigerian Association of Petroleum Explorationists (NAPE), themed “From Swamp to Deepwater: Designing Fit-For-Purpose Site Surveys Across Nigeria Offshore Blocks”, was a clinic on the singular truth that the cost of not knowing the seabed far exceeds the cost of mapping it. The message, delivered by - [Never let a good energy crisis go to waste--the case of Japan!](https://africaoilgasreport.com/2026/04/energy-transition/never-let-a-good-energy-crisis-go-to-waste-the-case-of-japan/) - Is the current Middle East crisis providing a golden opportunity for promoting large liquified hydrogen (H2)carriers—a new disruptive technology--- which will transport H2, a substitute fuel for Qatar’s lost LNG production? The Japanese, who are the masters-of-long-term-energy-planning and who invented the Liquefied Natural Gas (LNG) carrier business some 50 years ago, could again surprise us - [Sonangol to Spud a Near Field Exploration Well in Block 3/05](https://africaoilgasreport.com/2026/04/oil-patch-sub-sahara/sonangol-to-spud-a-near-field-exploration-well-in-block-3-05/) - Angola’s state hydrocarbon company is utilising a contracted jack up rig to accelerate a two-well drilling programme in the country’s shallow water Block 3/05. Sonangol is moving forward a planned 2026 drilling programme on Block 3/05 with the Borr Grid jackup, which it had contracted principally for another programme. The first of the two wells - [ReconAfrica Starts Testing 75Metre Net Hydrocarbon Pay in Kavango West-1, Now Calls it a Discovery](https://africaoilgasreport.com/2026/04/oil-patch-sub-sahara/reconafrica-starts-testing-75metre-net-hydrocarbon-pay-in-kavango-west-1-now-calls-it-a-discovery/) - Canadian junior, ReconAfrica has commenced testing operations on schedule at the Kavango West 1X well on Petroleum Exploration Licence (PEL) 73, in the onshore Kavango Basin in North-eastern Namibia. In the latest press release, the company now names the well: “Kavango West-1X discovery well”, a description it was reluctant to make when it reported the - [Securing Nigeria’s Petroleum Future: Social Sustainability as the Next Frontier of Reform](https://africaoilgasreport.com/2026/03/opinion/securing-nigerias-petroleum-future-social-sustainability-as-the-next-frontier-of-reform/) - OPINION/ANALYSIS Part Three of a Three-Part Series Supporting the Presidential Petroleum Reform and Value Optimisation Taskforce Nigeria’s petroleum reform agenda has entered a new phase. Following the structural changes introduced under the Petroleum Industry Act, attention is now shifting from institutional design to operational performance. While recent reform efforts have concentrated on speeding up project - [Workover Campaigns are All the Rage in Nigeria’s Niger Delta](https://africaoilgasreport.com/2026/03/oil-patch-sub-sahara/workover-campaigns-are-all-the-rage-in-nigerias-niger-delta/) - Seven oil producing joint ventures and two sole risk operators have committed to re-entry and work over activity on over 50 onshore and shallow offshore wells in the Niger Delta in the course of 2026. There were eight wells undergoing work over activity out of 54 locations with drilling units in early March 2026. But - [Oando Takes Charge as Operator of Angola’s  Block KON 13](https://africaoilgasreport.com/2026/03/farm-in-farm-out/oando-takes-charge-as-operator-of-angolas-block-kon-13/) - By Sully Manope, in Luanda Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG) has announced the entry of Oando Plc, the Nigerian junior, into the Contractor Group of Block KON 13, as operator, holding 45% of the participating interest, with Effimax Energy – Serviços, Lda (30%), Sonangol Exploração & Produção (15%) and Walcot Ltd - [Etu Energias snatches it from the maws of BW and M&P](https://africaoilgasreport.com/2026/03/farm-in-farm-out/etu-energias-snatches-it-from-the-maws-of-bw-and-mp/) - By Veronica Mugabe, in Cabinda The Norwegan player BW Energy and the Indonesian owned Maurel et Prom (M&P) have lost the opportunity to consummate the purchase of Azule Energies’ equity in Angola’s deepwater offshore Blocks 14& 14K. The deal was clinched by Etu Energias S.A, Angola’s largest indigenous E&P firm, which pre-empted the sale and - [UGANDA-INVITATION FOR EXPRESSION OF INTEREST (EOI) FOR PROVISION OF WELL INTEGRITY SERVICES](https://africaoilgasreport.com/2026/03/tenders/uganda-invitation-for-expression-of-interest-eoi-for-provision-of-well-integrity-services/) - Procurement Reference Number: RFP-CUL-LD-00813 CNOOC Uganda Limited (CNOOC), a subsidiary of China National Offshore Oil Corporation, is an oil and gas exploration and production company and the Operator of the Kingfisher Development Area, located in Kikuube and Hoima Districts. CNOOC requires the services of a suitably experienced and qualified CONTRACTOR to provide Well integrity Services - [Unlocking Capital for Nigeria’s Petroleum Future: Financial Architecture for the Next Investment Cycle](https://africaoilgasreport.com/2026/03/in-the-news/unlocking-capital-for-nigerias-petroleum-future-financial-architecture-for-the-next-investment-cycle/) - OPINION/ANALYSIS Part Two of a Three-Part Series Supporting the Presidential Petroleum Reform and Value Optimisation Taskforce The first article in this series contended that Nigeria’s petroleum reform agenda must start with strengthening the operational alignment of the upstream investment cycle. Exploration should lead predictably into drilling activities, which must then transition smoothly into field development, - [In Defence of Operator‑Owned Rigs: Why Ownership Still Has a Place in Nigeria’s Upstream](https://africaoilgasreport.com/2026/03/oil-patch-sub-sahara/in-defence-of-operator-owned-rigs-why-ownership-still-has-a-place-in-nigerias-upstream/) - Recent commentary asserting that operator‑owned land rigs are fundamentally unsustainable in Nigeria’s upstream sector raises legitimate concerns. Poor utilisation, intermittent funding, weak maintenance discipline, and skills shortages have undeniably undermined the economics of many operator‑owned rigs. These outcomes are real and well documented. However, the increasingly common conclusion that rig ownership itself is flawed—and should - [ENGINEERING, PROCUREMENT, AND CONSTRUCTION CONTRACT FOR RESTORATION OF TRAIN 1 MAIN CRYOGENIC HEAT EXCHANGER (MCHE) TO FULL PRODUCTION CAPACITY](https://africaoilgasreport.com/2026/03/tenders/engineering-procurement-and-construction-contract-for-restoration-of-train-1-main-cryogenic-heat-exchanger-mche-to-full-production-capacity/) - Expression of Interest NLNG is looking for qualified and experienced companies with the requisite expertise to express their interest in participating in the tendering process for the specialised services Sumbit the Expression of Interest here: Deadline: 7th April 2026 INTRODUCTION NLNG is a leading energy company charged with the responsibility of harnessing and exporting Nigeria's - [Sola Adebawo Exits HEOSL, Company Advertises His Role](https://africaoilgasreport.com/2026/03/petroleum-people/sola-adebawo-exits-heosl-company-advertises-his-role/) - Sola Adebawo has exited the role of General Manager, Government, JV and External Relations at Heritage Energy Operational Services Limited (HEOSL), operator of the onshore Oil Mining Lease (OML 30), in Nigeria’s western Niger Delta. He is leaving the company for private/family reasons. HEOSL has advertised the role, "an executive position responsible for shaping and - [Nigeria’s Operator-Owned Land Rigs:](https://africaoilgasreport.com/2026/03/oilpatch-sahara/nigerias-operator-owned-land-rigs/) - The Hidden Costs — and the Indigenous O&M Opportunity Prepared By: Bade Olotu / Mark H. Smith Contributions from: Dimeji Bassir 1. Executive Summary The Nigerian upstream sector is currently witnessing a significant trend: indigenous operating companies are acquiring substantial fleets of land rigs to execute their drilling/workover campaigns ⁽⁵⁾. One of the most publicly - [Chevron Appoints a Namibian Deputy Country Manager](https://africaoilgasreport.com/2026/03/petroleum-people/chevron-appoints-a-namibian-deputy-country-manager/) - Chevron has appointed a Namibian lawyer and former journalist as deputy country manager and local content manager for its Namibia operations Mwanyengwa ‘Ndapewoshali’ Shapwanale’s journey with the US major began in January 2025 as Manager for Local Content and Vendor Assurance. “Since then, Chevron’s leadership, spearheaded by Chevron Country Manager Beatrice Bienvenu, has been intentional - [Amukpe-Escravos Pipeline at the Centre of High-Stakes Divestment Dispute](https://africaoilgasreport.com/2026/03/in-the-news/amukpe-escravos-pipeline-at-the-centre-of-high-stakes-divestment-dispute/) - OPINION/ANALYSIS By Johnny Masondo, in Escravos Fresh questions over process, pricing and regulatory alignment are turning the Amukpe–Escravos Pipeline into a critical test of governance, value protection and national interest in Nigeria’s oil sector. “The AEP matter is no longer just a transaction story. It has become a wider test of how Nigeria governs, values - [Energean to Replace Chevron in Angola’s Block 14 Complex](https://africaoilgasreport.com/2026/03/farm-in-farm-out/energean-to-replace-chevron-in-angolas-block-14-complex/) - The Greek minnow Energean is in the process of acquiring Chevron's 31% operated interest in Block 14 and 15.5% non-operated interest in Block 14K for a base consideration of $260Million. The buyer will make ⁠contingent payments of up to $25Million per annum, to a maximum of $250Million, in addition to the base consideration. Contingent payments - [Ghana: Why First E&P Is out and Amni is in](https://africaoilgasreport.com/2026/03/farm-in-farm-out/ghana-why-first-ep-is-out-and-amni-is-in/) - The Nigerian Independent, First Exploration and Production Company, won the Block GH WB_02 in Ghana’s first licencing round in 2019. Seven years after, the operator is out of the country. With that exit, Amni International is the only Nigerian independent left either operating an asset or holding a non-operated stake in any upstream acreage in - [Funding Lined up for Cameroon’s Planned 30,000BPD Kribi Refinery](https://africaoilgasreport.com/2026/03/refining-gap/funding-lined-up-for-cameroons-planned-30000bpd-kribi-refinery/) - Cameroon’s newly proposed 30,000Barrels Per Stream Day (BPSD) refinery and petroleum storage complex in Kribi port already has a clear line of sight to financing. $210Million or 22 % of the $950Million required for the plant’s construction will come for Banque Gabonaise et Française Internationale (BGFI). The remaining $740Million will be provided by Ariana Energy - [The Refining Gap Hasn’t Shrunk/Our Latest Issue](https://africaoilgasreport.com/2026/03/in-the-news/the-refining-gap-hasnt-shrunk-our-lattest-issue/) - Apart from the sharp rise in Nigerian output, the broad outline of the continent’s crude oil refining landscape has not changed in the last 12 months. Algeria remains the steadiest and most reliable refining jurisdiction in the region, though its output volume has remained flat, Year on-Year. Angola’s functional capacity has not moved a needle, - [It’s Almost Done: Cabinda Refinery to Start Commercial Production in April 2026](https://africaoilgasreport.com/2026/03/refining-gap/its-almost-done-cabinda-refinery-to-start-commercial-production-in-april-2026/) - Angola’s new refinery will start dispensing petroleum products before the second quarter of 2026, its owners have said. The Cabinda Refinery, inaugurated with fanfare in September 2025, received the first crude oil transfer from Malongo in the same month and commenced the final testing phase. The project has faced several delays, including financial constraints, since - [Azule Energy Commences Production from Angola’s First NAG Development](https://africaoilgasreport.com/2026/03/gas-monetization/azule-energy-commences-production-from-angolas-first-nag-development/) - The Azule Energy led New Gas Consortium (NGC) has commenced production of the Quiluma field situated in Block 2, in shallow waters off the coast of Angola. It is the first development of a non-associated gas (NAG) field in the country. Initial gas export from Quiluma is set at 150Million standard cubic feet per day - [Nigeria’s Petroleum Reform Moment: Aligning Exploration, Drilling Capacity and Project Execution](https://africaoilgasreport.com/2026/03/in-the-news/nigerias-petroleum-reform-moment-aligning-exploration-drilling-capacity-and-project-execution/) - OPINION/ANALYSIS Part One of a Three-Part Series Supporting the Presidential Petroleum Reform and Value Optimisation Taskforce The creation of the Presidential Petroleum Reform and Value Optimisation Taskforce signals that Nigeria is entering a new phase in the evolution of its petroleum sector. Having completed one of the most significant governance restructurings in the industry through - [ENI Announces new gas Discoveries in Libya Totalling More than 1 Tcf](https://africaoilgasreport.com/2026/03/in-the-news/eni-announces-new-gas-discoveries-in-libya-totalling-more-than-1-tcf/) - Italian major ENI says it has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months. Two adjacent geological structures, Bahr Essalam South 2 (BESS 2) and Bahr Essalam South 3 (BESS 3), were successfully drilled by the B2-16/4 and C1-16/4 wells, located approximately 85 km - [Nigeria’s Presidential Petroleum Reform Taskforce:](https://africaoilgasreport.com/2026/03/in-the-news/nigerias-presidential-petroleum-reform-taskforce/) - OPINION/INSIGHT A Critical Assessment of Promise, Pitfalls, and the Imperative of Substance Over Strategy Background and Context On March 13, 2026, President Bola Tinubu announced the Presidential Petroleum Reform & Value Optimisation Taskforce — a nine-member body chaired by Fola Adeola, co-founder of Guaranty Trust Bank, tasked with producing three reform blueprints within six months. - [ENI Considers Bids for the Sale &Purchase of its Stake in Renaissance led JV](https://africaoilgasreport.com/2026/03/farm-in-farm-out/eni-considers-bids-for-the-sale-purchase-of-its-stake-in-renaissance-led-jv/) - Italian explorer ENI is currently considering bids from about four E&P companies for the purchase of its 5% stake in the Renaissance/TOTAL/ENI/NNPC Joint Venture. The bidders include at least three Nigerian independents. The asset involved in this vigorously contested transaction include 13 onshore OMLs (20, 21, 22, 25, 27, 31, 32, 33, 35, 36, 43, - [Nigerian Oil Production Crashes by 10% M-o-M in February 2026](https://africaoilgasreport.com/2026/03/in-the-news/nigerian-oil-production-crashes-by-10-m-o-m-in-february-2026/) - By Marshal Gungubele, in Effurun Nigeria’s oil producing companies reversed the small gains they made in crude oil output in January 2026 by a significant plunge in February 2026. The country averaged 1.314Million barrels of crude per day (BOPD), a 145,000BOPD drop from the 1.459MMBOPD averaged in January 2026, according to data published in the - [Oil Beneath the Ground Is Not Security: Why Nigeria Must Build a Strategic Crude Storage Reserve](https://africaoilgasreport.com/2026/03/in-the-news/oil-beneath-the-ground-is-not-security-why-nigeria-must-build-a-strategic-crude-storage-reserve/) - This op-ed responds to the current global energy crisis and its impact on the refining capacity of the global South. The closure of the Hormuz shipping window highlights where we need to be as a country. Nigeria cannot afford to find itself in a situation of continuous oil price shocks. Nigeria is on the verge - [Cameroon’s Bid Round Wraps Up in April 2026](https://africaoilgasreport.com/2026/03/farm-in-farm-out/cameroons-bid-round-wraps-up-in-april-2026/) - Cameroon’s National Hydrocarbons Corporation (SNH) – is accepting proposals for any of the nine exploration and production blocks on offer in the ongoing bid round, all through March 30, 2026. The acreages are located in two basins: 1) the Rio del Rey (RDR) basin, which has the Ndian River, Bolongo Exploration and Bakassi blocks and - [Lose Some, Win Some. Murphy Picks a Moroccan Block after a Duster in Côte d’Ivoire](https://africaoilgasreport.com/2026/03/oil-patch-sub-sahara/lose-some-win-some-murphy-picks-a-moroccan-block-after-a-duster-in-cote-divoire/) - Barely a month after drilling a duster in shallow offshore Côte d’Ivoire, Murphy Oil’s geoscientists are poring through seismic data covering vast acreages, for clues to hydrocarbon accumulations located several hundred kilometres north of that west African country. The American minnow signed into a new block with Moroccan state firm ONHYM, granting it 10 exploration - [TOTAL Is Excited by the Restart of ‘Small Production” in Libya’s Mabruk Field](https://africaoilgasreport.com/2026/03/in-the-news/total-is-excited-by-the-restart-of-small-production-in-libyas-mabruk-field/) - TOTALEnergies has announced the restart of production at the Mabruk oil field in Libya, in which the Company holds an interest of 37.5%. The capacity of the production unit is all of 25,000Barrels of Oil Per Day (BOPD), so the start up output is less, but the French major is excited: “The construction of a - [Chevron Fortifies its ‘Oil Finding’ Capacity with New Hires](https://africaoilgasreport.com/2026/03/petroleum-people/chevron-fortifies-its-oil-finding-capacity-with-new-hires/) - Six Months after Chevron Corporation announced the appointment of Kevin McLachlan as its Vice President of Exploration, the company has poached Emmanuelle Garinet from TOTALEnergies to assist him. McLachlan, who was TOTAL’s Senior Vice President Exploration between 2015 and 2025, started work effective November 1, 2025, “overseeing the company’s worldwide exploration programme”. He suceeded Liz - [VAALCO's Gabon Probe is A Dud…Water Wet](https://africaoilgasreport.com/2026/03/oil-patch-sub-sahara/vaalcos-gabon-probe-is-a-duster/) - The US minnow VAALCO Energy, has reported the result of the West Etame step out exploration well. The verdict is: “It’s a Dud”. The Etame West ET-14P exploration well, spud in mid-February 2026, encountered 10 metres of high-quality Gamba sands, in line with pre-drill predictions. But the target zone was water-bearing. the company says. “The - [Creating a New LNG Market](https://africaoilgasreport.com/2026/03/gas-monetization/creating-a-new-lng-market/) - Just at a time when there was a global over-supply of liquefied natural gas (LNG), the current Middle-East crisisunfolded and with it some surprising outcomes. Most interesting and providential has been Japan: not its need for importing LNG but because of its buying and re-selling its imported LNG to other Asian countries. In essence this - [Descalzi Joins the Pilgrimage to Tinubu as ENI Wins a PML for Zabazaba](https://africaoilgasreport.com/2026/03/farm-in-farm-out/descalzi-joins-the-pilgrimage-to-tinubu-as-eni-wins-a-pml-for-zabazaba/) - The Oil Prospecting Licence 245 (OPL 245)-the so called “Malabu Block”- in deepwater central Niger Delta, was front and centre at the Thurday, March 5, 2026 meeting between Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, and Claudio Descalzi, Chief Executive Officer of ENI, the Italian oil major. The meeting followed up on - [HEOSL announces vacancy for GM-Government, JV and External Relations](https://africaoilgasreport.com/2026/03/partner-content/heosl-announces-vacancy-for-gm-government-jv-and-external-relations/) - PARTNER CONTENT Government, JV & External Relations - Ikoyi, Lagos (Hybrid) ROLE SUMMARY - [Egypt Proposes Doubling Gas Prices for Producers to Incentivise Output](https://africaoilgasreport.com/2026/03/gas-monetization/egypt-proposes-gas-price-increase-for-producers-to-incentivise-output/) - Egyptian state hydrocarbon company EGAS has agreed to increase the price it pays for domestically produced gas from six E&P companies by 30-100%, with deepwater fields set for the highest increases. EGAS (the Egyptian Natural Gas Holding Company), will pass the proposal to the National Assembly for passage through the Ministry of Petroleum. In the - [Jumoke Ajayi Leaves Ingentia Energies, Takes Charge at WAEP, Dangote’s Upstream Subsidiary](https://africaoilgasreport.com/2026/03/petroleum-people/jumoke-ajayi-leaves-ingentia-energies-takes-charge-at-waep-dangotes-upstream-subsidiary/) - Jumoke Ajayi has resigned as CEO of Ingentia Energies, which operates the Egbolom field in Petroleum Mining Licence (PML) 66 in eastern Niger Delta basin. She resumes at the West Africa E&P Ltd., after an accumulated leave. A very challenging work scope awaits Ajayi at WAEP, an upstream subsidiary of the Dangote Group, which purchased Oil - [What Happened to Africa’s Largest Deep-water Output Province?](https://africaoilgasreport.com/2026/03/in-the-news/what-happened-to-africas-largest-deep-water-output-province/) - The Blame Game for Angola’s Crude Output Decline After 10 years of continuous decline in crude oil production, Angolans are pointing fingers at themselves, in a blame game. “The country experienced a 40.2% drop in crude oil production in the last 10 years, falling from an average production of 1.722Million barrels per day in 2016 - [Seplat’s Fire Impaired Yoho Platform Unlikely to Restart Production until April 2026](https://africaoilgasreport.com/2026/03/in-the-news/seplats-fire-impaired-yoho-platform-unlikely-to-restart-production-until-april-2026/) - Seplat Energy has notified the public of the proposed restart of the Yoho Floating and Storage Offshore Platform by second quarter of 2026. Yoho is undergoing repairs after a fire incident on the facility in October 2025 caused the company to shut down output. In its just released 2025 annual report, Seplat referenced the Yoho - [OPEC+ Takes Advantage of Iran's Tragedy: Pumps More Crude into the Market](https://africaoilgasreport.com/2026/03/in-the-news/opec-takes-advantage-of-irans-tragedy-pumps-more-crude-into-the-market/) - OPEC+ has decided to increase its crude oil production target by 206,000 barrels of oil per day (BOPD) for April 2026, against a backdrop of heightened geopolitical risk as conflict in the Middle East escalated rapidly over the February 28 to Mach 1, 2026 weekend. "Oil markets will enter the new week facing a materially - [TGS Announces Multi-client 3D Survey in Nigeria’s Outer Toe Thrust Deepwater](https://africaoilgasreport.com/2026/02/oil-patch-sub-sahara/tgs-announces-multi-client-3d-survey-in-nigerias-outer-toe-thrust-deepwater/) - The Norwegian geophysical company TGS has announced the Nigeria Laide multi-client three dimensional (3D) seismic survey, acquired in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and SeaSeis Geophysical Limited. “The survey lies within the Outer Fold & Thrust Belt of the eastern Niger Delta, one of Nigeria’s most prolific hydrocarbon regions and covers - [Chevron’s Nigerian Gas Output Rebounds after a Three Month Decline](https://africaoilgasreport.com/2026/02/gas-monetization/chevrons-nigerian-gas-output-rebounds-after-a-three-month-decline/) - By Macson Obojemuinmoin, in Warri Chevron Nigeria’s natural gas output has bounced back, averaging 318 Million standard cubic feet per day (318MMscf/d) in January 2026, the first Month-on-Month increase since October 2025. It was a 21% jump from the 263MMscf/d averaged in December 2025, but it fell far short of the 513.4MMscf/d produced in October - [Expect a Discovery or Duster Offshore Gabon by Late March 2026](https://africaoilgasreport.com/2026/02/oil-patch-sub-sahara/expect-a-discovery-or-duster-offshore-gabon-by-late-march-2026/) - New York and London Listed junior VAALCO Energy, has reported an on-going exploration drilling to confirm the western extension of the Etame field, in shallow offshore Gabon. The West Etame step out exploration well was spud in mid-February 2026, the company says. VAALCO is drilling the well from the S1 slot on the Etame platform - [Dangote Revises Supply Targets: Announces 65Million Litres Per Day of PMS for the Nigerian Market](https://africaoilgasreport.com/2026/02/downstream/dangote-revises-supply-targets-announces-65million-litres-per-day-of-pms-for-the-nigerian-market/) - Dangote Petroleum Refinery & Petrochemicals announced Wednesday February 25, 2026 it will supply between 60 and 65Million litres of Premium Motor Spirit (PMS) daily to meet Nigerian national demand. This is 10-15Million Litres per day less than the volume (75Million Litres per day) the company announced to the public, back in late January 2026, that - [The Everlasting Bonga: 30 Years of Consequence](https://africaoilgasreport.com/2026/02/in-the-news/the-everlasting-bonga-30-years-of-consequence/) - In February 1996, the (then) AngloDutch major Shell, suspended Bonga 1, with 400feet net oil in five sands in 1, 200 metre water depth in the deep waters of Nigeria’s Niger Delta. The initial buzz around the discovery spawned speculations of 400Million barrels of crude as probable reserves, without the benefit of pressure test results. - [Reviving 300 abandoned wells in the Niger Delta with AI](https://africaoilgasreport.com/2026/02/opinion/reviving-300-abandoned-wells-in-the-niger-delta-with-ai/) - OPINION/EDITORIAL In January 2026, Tony Attah, CEO of Renaissance Africa Energy, made a bold claim: Artificial Intelligence could revive 300 abandoned wells in the Niger Delta. While some may see this as purely optimistic, industry insiders know it is a grounded reality provided Nigeria changes how it handles data. The truth is that the Niger - [Rhino Flows 5,300BPD of Condensate, 33MMscf/d of Gas, in its third Namibian Well](https://africaoilgasreport.com/2026/02/oil-patch-sub-sahara/rhino-flows-5300bpd-of-condensate-33mmscf-d-of-gas-in-its-third-namibian-well/) - South African independent Rhino Resources has announced successful drill stem test results on its third well offshore Namibia. Volans-1X, whose discovery was announced in October 2025, "showed strong deliverability (5,300Barrels per Day BPD of condensate and 33Million standard cubic feet of gas per day MMscf/d of gas) with low carbon dioxide, confirming rich gas-condensate fluids", - [Heads or Tails: Enhancing the Energy Illusion!](https://africaoilgasreport.com/2026/02/in-the-news/heads-or-tails-enhancing-the-energy-illusion/) - Hank was scheduled to work his usual 30 days offshore when he heard the news: Transocean was merging withValaris to become the world’s largest offshore driller. Hank was apprehensive about the news…how many mergers, acquisitions and redundancies had he not already witnessed? How many colleagues had he not seen being given the sack over the - [Deepwater Orange Basin, Namibia: Why Did Galp Energia Give Away 40% in the “2025 Discovery of the Year”?](https://africaoilgasreport.com/2026/02/in-the-news/deepwater-orange-basin-namibia-why-did-galp-energia-give-away-40-in-the-2025-discovery-of-the-year/) - Independent Calgary-based Consultant INTRODUCTION Since 2022, 14 oil and gas fields have been discovered in the deepwater Orange Basin, Namibia. This basin is one of the world’s current hotspots for oil and gas exploration. Two of these are giant-size fields including Galp Energia’s Mopane field and TOTALEnergies’ Venus field. Water depths range from 1,200 metres - [Tinubu’s Executive Order-9- A Structural Recalibration or a Fiscal Short-Circuit](https://africaoilgasreport.com/2026/02/in-the-news/tinubus-executive-order-9-a-structural-recalibration-or-a-fiscal-short-circuit/) - OPINION/EDITORIAL PIECE The Presidential Executive Order No. 9 of 2026, announced by the office of Nigeria’s President Bola Ahmed Tinubu, represents one of the most consequential post-Petroleum Industry Act (PIA) interventions in the country’s petroleum governance framework. To understand its significance, it must be assessed against the structural logic of the overarching legislation that was - [Nigeria’s President Signs New Executive Orders, Chipping Away at Extant Petroleum Law](https://africaoilgasreport.com/2026/02/in-the-news/nigerias-president-signs-new-executive-orders-chipping-away-at-extant-petroleum-law/) - Nigeria’s President Bola Tinubu has signed an Executive Order mandating the direct remittance of all oil and gas revenues to the Federation Account, effectively bypassing deductions and retentions previously allowed under the Petroleum Industry Act (PIA) of 2021. The order, signed on February 13, 2026, and gazetted immediately, aims to restore full constitutional revenue entitlements - [Nigerian Output in a January Bump](https://africaoilgasreport.com/2026/02/in-the-news/nigerian-output-in-a-january-bump/) - Nigeria’s crude oil output increase by 37,000Barrels of Oil Per Day (BOPD) in January 2026 was an encouraging start to the new year. It is a signal, no less, that the country’s hydrocarbon production is still stuck in a lower for longer mode. The main contributor to the M-o-M increase was the ExxonMobil operated deepwater - [Chevron Champions Partnership and Investment at Namibia International Energy Conference (NIEC) 2026](https://africaoilgasreport.com/2026/02/partner-content/chevron-champions-partnership-and-investment-at-namibia-international-energy-conference-niec-2026/) - PARTNER CONTENT Chevron has returned as a Diamond Sponsor of the Namibia International Energy Conference 2026, reaffirming its commitment to Namibia’s rapidly evolving energy sector during a pivotal moment on the road to first oil. The theme of NIEC 2026 is “The Road to First Oil & Beyond: Partnership. Investment. Growth,”highlighting the focus on collaboration, - [ENI Reports Two Large Discoveries in Africa over a Single Week](https://africaoilgasreport.com/2026/02/oilpatch-sahara/eni-reports-two-large-discoveries-in-africa-over-a-single-week/) - Italian explorer ENI has announced a significant discovery each in deep-water offshore two west African countries in one single week in mid-February 2026. In Angola, ENI and BP are each 50 % owner of operator Azule Energy, whose “discovery of oil volume of approximately 500 Million barrels in the Algaita-01 exploration well”, was announced February - [European Bank President in First Visit to Nigeria and Sub-saharan Africa](https://africaoilgasreport.com/2026/02/in-the-news/european-bank-president-in-first-visit-to-nigeria-and-sub-saharan-africa/) - European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso will travel to Nigeria this week of February 16, 2026, marking her first visit to a sub-Saharan country since Bank shareholders’ historic decision to start investing in the region. She will be meeting senior Nigerian government officials and business representatives, joined by Heike Harmgart, the - [NIES 2026 Official Communique](https://africaoilgasreport.com/2026/02/partner-content/nies-2026-official-communique/) - The 2026 edition of the Nigeria International Energy Summit (NIES) successfully convened distinguished leaders from government, industry, finance, and development institutions to articulate a strategic roadmap for Africa's energy future. This communique encapsulates a harmonized continental agenda that places energy at the core of Africa's economic transformation. Delegates emphasized that leadership, financing reforms, regulatory clarity, - [Chevron Gets into Libya, Bolstering its Mediterranean and African Credentials](https://africaoilgasreport.com/2026/02/farm-in-farm-out/chevron-gets-into-libya-bolstering-its-mediterranean-and-african-credentials/) - By Mohammed Jetutu, in Cairo Chevron Corporation (by its subsidiary Chevron Business Development EMEA Ltd)., has entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. This follows the signing of a Memorandum of Understanding (MoU) with the country’s National Oil Corporation (NOC). The US major was designated as - [Dawes Island Ruling is a Judicial Overreach Threatening Nigeria’s Marginal Field Reform, AEC Laments](https://africaoilgasreport.com/2026/02/farm-in-farm-out/dawes-island-ruling-is-a-judicial-overreach-threatening-nigerias-marginal-field-reform-aec-laments/) - The Federal High Court ruling reversing the revocation of the Dawes Island license risks undermining Nigeria’s “drill or drop” policy, impacting investor confidence and the sanctity of petroleum contracts, the Africa Energy Chamber (AEC) has lamented. The judgement against the Ministry of Petroleum Resources in favor of Eurafric Energy Limited, reverses the 2020 revocation of - [Regulatory Diplomacy and Policy Architecture: Forging a Unified Voice across Africa](https://africaoilgasreport.com/2026/02/in-the-news/regulatory-diplomacy-and-policy-architecture-forging-a-unified-voice-across-africa/) - By Osten Olorunsola, Chairman Aradel Holdings Despite differences in geography, politics, and resource endowment, many African countries share common structural characteristics and credentials much beyond colour and frames. These include Electricity deficits, limited transmission, grid instability and outages; Heavy dependence on petroleum for Revenues; Large untapped Mineral and Renewable Resources; Infrastructure constraints; Energy Access gaps; - [Cape Town to Tender for Electricity Supply Outside of South Africa’s National Grid](https://africaoilgasreport.com/2026/02/others/cape-town-to-tender-for-electricity-supply-outside-of-south-africas-national-grid/) - By Maximus Njaba, in Cape Town The City of Cape Town will publish a tender on February 13, 2026 for an electricity trading company to provide additional power to the metropolis, outside of the grid. Africa’s leading tourist hub, with a population of 5Million residents, has been seeking to break free from the monopoly of - [The End of Petroleum Imports Regime in Nigeria](https://africaoilgasreport.com/2026/02/downstream/the-end-of-petroleum-imports-regime-in-nigeria/) - By Dan D Kunle PARTNER CONTENT/OPINION Nigeria is entering a decisive new phase in its energy history. For more than three decades, the country survived on the unstable foundation of imported petroleum products, an arrangement that left the economy exposed to global price shocks, foreign exchange scarcity, and volatile geopolitical risks far beyond Nigeria’s control. - [NNPC Finally Gets a Chinese Firm as Likely Refinery Partner, after Global Search](https://africaoilgasreport.com/2026/02/refining-gap/nnpc-finally-gets-a-chinese-firm-as-likely-refinery-partner-after-global-search/) - By Macson Obojemuinmoin, in Warri After a five month global search for well-heeled and technically honed companies who could invest in, as well as run the four state owned Nigerian refineries, the NNPC is in conversation with the China Refinery and Petrochemical Company, the “last wiling partner standing”. The Nigerian state hydrocarbon company, which owns - [Etana Signs PPA for 220MW Renewable  Energy with Sibanye-Stillwater Mining Group](https://africaoilgasreport.com/2026/02/energy-transition/etana-signs-ppa-for-220mw-renewable-energy-with-sibanye-stillwater-mining-group/) - South African electricity trader, Etana Energy (Pty) Limited, has signed a significant Power Purchase Agreement with the mining group, Sibanye-Stillwater, for supply of 220MW of solar and wind energy. Under the 10-year agreement, Etana will deliver 220MW of renewable energy per year to Sibanye-Stillwater's mining operations, commencing in late 2027. This energy will be provided - [South Africa’s Upstream Petroleum Resources Development Act (UPRD Act): Can Legal Certainty Revive Major Investment After IOCs’ Exit?](https://africaoilgasreport.com/2026/02/in-the-news/south-africas-upstream-petroleum-resources-development-act-uprd-act-can-legal-certainty-revive-major-investment-after-iocs-exit/) - By Africa Energy Chamber South Africa’s new Upstream Petroleum Resources Development Act offers a fresh regulatory framework, but is it enough to bring supermajors back, or will independent players now dominate the landscape? The high‑profile exit of global energy major TOTALEnergies from deepwater Blocks 11B/12B and 5/6/7 – home to the Brulpadda and Luiperd gas - [TOTALEnergies Doubles Down on Namibian Asset, Expands its Exploration Portfolio as Operator](https://africaoilgasreport.com/2026/02/farm-in-farm-out/totalenergies-doubles-down-on-namibian-asset-expands-its-exploration-portfolio-as-operator/) - TOTALEnergies has signed agreements to acquire a 42.5% operated interest in PEL104 Exploration license, located offshore Namibia, from Eight Offshore Investments Holdings and Maravilla Oil & Gas. Upon completion of the transaction, the French major will be the operator of the license holding a 42.5% interest alongside Petrobras (42.5%), Namcor (10%) and Eight (5%). Located - [Adeoye’s Ouster is Complete-Ojogbo Takes Charge at Ayuk’s Law Firm](https://africaoilgasreport.com/2026/01/petroleum-people/adeoyes-ouster-is-complete-ojogbo-takes-charge-at-ayuks-law-firm/) - Two months and a day after it announced the suspension of Zion Adeoye as CEO, the Centurion Law Group (CLG) has officially announced the appointment of his replacement. Oneyka Cindy Ojogbo is the new Managing Partner of CLG, an influential pan-African law firm founded by the Cameroonian lawyer N. J. Ayuk in 2007. Not a - [25 of the Marginal Fields Class of 2020-2022 Pass a Muster Test of Investor Certainty](https://africaoilgasreport.com/2026/01/farm-in-farm-out/25-of-the-marginal-fields-class-of-2020-2022-pass-a-muster-test-of-investor-certainty/) - About half of the 50 hydrocarbon fields awarded in the 2020-2022 Nigerian bid round have moved to a more certain, next stage. Two have had their Petroleum Prospecting Licences (PPLs 202 &218) converted to Petroleum Mining Licences. Another five have earned the status “Conversion to PML in Progress”. 18 other PPLs have received “Optional Extension - [TOTAL Formally Restarts in Mozambique; First LNG Expected in 2029](https://africaoilgasreport.com/2026/01/gas-monetization/total-formally-restarts-in-mozambique-first-lng-expected-in-2029/) - TOTALEnergies and the Mozambican Government have together announced the formal restart of the Mozambique LNG project activities Daniel Chapo, the Mozambican President and Patrick Pouyanné, TOTAL’s Chairman and CEO, were together at the site of the $25Billion project in the Afungi peninsula, on the coast of the Indian Ocean in the north of the country, - [Afreximbank arranges a $1.75Billion facility for Angola’s State Oil Firm](https://africaoilgasreport.com/2026/01/in-the-news/afreximbank-arranges-a-1-75billion-facility-for-angolas-state-oil-firm/) - African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75Billion syndicated receivables purchase facility for Sonangol, Angola’s state hydrocarbon company. “The strategic financing will support Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing models that support growth, industrialisation, economic self-reliance, and sovereignty”, the - [Casual Staff at Warri Refinery Go Unpaid for 60 Days, Again](https://africaoilgasreport.com/2026/01/refining-gap/casual-staff-at-warri-refinery-go-unpaid-for-60-days-again/) - By Meshach Mejebi in Asaba Support staff at NNPC Ltd.’s 125,000Barrels Per Stream Day (BPSD) capacity Warri refinery in Nigeria's Niger Delta basin have not been paid for two months, marking a recurring situation at the facility. But the state hydrocarbon company said it is working with all stakeholders for a fair resolution, improving payment - [Ibom Field: Emadeb Sets Sail to Triple Production Beyond Its 4,000 BOPD Base](https://africaoilgasreport.com/2026/01/c-suite-series/ibom-field-emadeb-sets-sail-to-triple-production-beyond-its-4000-bopd-base/) - By Akpelu Paul Kelechi In December 2025, Adebowale Olujimi, Group Managing Director of the Nigerian independent, Emadeb Upstream, presented a 200 millilitre (ml) vial sample of sweet, light 33.8° API crude to Umo Eno, Governor of Akwa Ibom State, an oil-rich province that holds over a quarter of Nigeria’s proven crude oil and gas reserves. - [NPDC Threatens A ‘Surge’ In Drilling Activity](https://africaoilgasreport.com/2014/06/in-the-news/npdc-threatens-a-surge-in-drilling-activity/) - Nigeria’s state oil company says six rigs will be on location by end of 2014 By Fred Akanni, Editor Stung by criticism of poor performance on assets it took over from Shell, state owned Nigerian Petroleum Development Company (NPDC) is threatening aggressive rig activity that will boost gross output and alter media perception of incompetence. - [TOTAL Gets 24 More Years in Libya’s Waha Concession](https://africaoilgasreport.com/2026/01/farm-in-farm-out/total-gets-24-more-years-in-libyas-waha-concession/) - French major TOTALEnergies has inked an agreement with Libyan authorities, extending the Waha Concessions up to December 31, 2050. “This agreement sets new fiscal terms allowing to increase the production of these concessions that are currently producing around 370,000 barrels of oil equivalent per day (BOEPD)”, the company says in a statement. “It paves the way - [TGS Commences Onshore Niger Delta Regional MegaSurvey](https://africaoilgasreport.com/2026/01/oil-patch-sub-sahara/tgs-commences-onshore-niger-delta-regional-megasurvey/) - Norwegian geophysical giant TGS has commenced the Nigeria Onshore MegaSurvey, a new regional-scale seismic project covering 28,000 square kilometres 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 Services and Reighshore Energy Services, and will deliver merged, continuous, modern three dimensional (3D) seismic coverage across one of Nigeria’s most established hydrocarbon provinces, with final products expected to be available in - [The Azeris Sign up for a Large Stake in ENI’s Côte d'Ivoire Asset](https://africaoilgasreport.com/2026/01/farm-in-farm-out/the-azeris-sign-up-for-a-large-stake-in-enis-cote-divoire-asset/) - By Sully Manope, in Abidjan SOCAR, the State Oil Company of the Republic of Azerbaijan, has signed a binding agreement with ENI, the Italian explorer, for the sale of a 10% stake in the Baleine Project, a large deepwater development offshore Côte d'Ivoire. The transaction aligns with ENI's strategy of optimising its upstream portfolio by - [Ben Osuno at 90: The Minutes of Those Early Meetings](https://africaoilgasreport.com/2026/01/petroleum-people/ben-osuno-at-90-the-minutes-of-those-early-meetings/) - FROM OUR ARCHIVE/BLAST FROM THE PAST By Toyin Akinosho Ben Osuno began our interview by turning the tables, assuming the position of the interviewer. “Who are the we?”, he asked, querying my explanation that “we” had chosen to use a slice of the story of his life to illustrate the Nigerian oil industry through the - [ANOH Project Achieves First Gas, Bypassing the Uncompleted OB3 Pipeline](https://africaoilgasreport.com/2026/01/gas-monetization/anoh-project-achieves-first-gas-bypassing-the-uncompleted-ob3-pipeline/) - By Prospect Mejebi, in Owerri Seplat Energy has announced the achievement of first gas from the 300Million standard cubic feet per day capacity (MMscf/d) ANOH gas project in the Eastern Niger Delta. “Following completion of the 11kilometre Indorama gas export pipeline and receipt of regulatory approval from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Friday January - [VAARIS Inks SPA for TOTAL's 10% Stake in NNPC-Renaissance-ENI-TOTAL JV](https://africaoilgasreport.com/2026/01/farm-in-farm-out/vaaris-inks-spa-for-totals-10-stake-in-nnpc-renaissance-eni-total-jv/) - By Macson Obojemuimoin TOTALEnergies has signed a Sale and Purchase Agreement with a Special Purpose Vehicle named VAARIS Resources JV Co (VRJC) Ltd for its 10% equity in the Renaissance Africa/NNPC/ENI/TOTAL Joint Venture, covering 18 oil mining leases (OMLs) in onshore and shallow water eastern, central and western Niger Delta basin. VAARIS Resources JV Co. - [Shell’s CEO Cuts Down the Size of the Executive Management after Mooldijk's Resignation](https://africaoilgasreport.com/2026/01/petroleum-people/sawan-cuts-down-shells-executive-committee-size-after-mooldijks-resignation/) - UK Major Shell says it has made significant progress to integrate the technical divisions that make up our Projects and Technology organisation, into its business lines. The announcement came in the same release announcing the resignation of Robin Mooldijk, President, Projects and Technology, who “will step down after 35 years of distinguished service with Shell, - [ReconAfrica Raises $27Million from Investors to Fund Crucial Well test in Namibian Frontier](https://africaoilgasreport.com/2026/01/farm-in-farm-out/reconafrica-raises-27million-from-investors-to-fund-crucial-well-test-in-namibian-frontier/) - Canadian explorer, Reconnaissance Energy Africa (ReconAfrica), has completed its listed issuer financing exemption offering for aggregate gross proceeds of C$36,800,098 (~$27Million), including the exercise in full of the over-allotment option. BW Energy Limited acquired 2,315,780 Units pursuant to the Offering, comprised of 2,315,780 Common Shares and 1,157,890 Warrants, for an aggregate purchase price of C$2,199,991 - [How Battery Energy Storage Systems Can Enable Up-Time within the Nigerian Oil & Gas and Mining Industries](https://africaoilgasreport.com/2026/01/energy-transition/how-battery-energy-storage-systems-can-enable-up-time-within-the-nigerian-oil-gas-and-mining-industries/) - PARTNER CONTENT The most recent collapse of Nigeria’s national power grid, which caused widespread electricity outages across the country, underscored once again the disruptive energy issues that local industries face on a regular basis. For sectors central to Nigeria’s economy, particularly oil and gas and the country’s growing mining segment, an inconsistent power supply can halt - [Chevron Takes Final Investment Decision on Israeli Leviathan Gas Expansion](https://africaoilgasreport.com/2026/01/gas-monetization/chevron-takes-final-investment-decision-on-israeli-leviathan-gas-expansion/) - “Project Increases Reliable Gas supply to Egypt’ Chevron Corporation, by its subsidiary, Chevron Mediterranean Limited (CML), and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform located offshore Israel. The project includes drilling three additional offshore - [Programme Unveiled for the Landmark 10th Anniversary Edition of SAIPEC 2026](https://africaoilgasreport.com/2026/01/partner-content/programme-unveiled-for-the-landmark-10th-anniversary-edition-of-saipec-2026/) - PARTNER CONTENT The Petroleum Technology Association of Nigeria (PETAN) has announced the official programme for the 10th edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), taking place from 10–12 February 2026 at the Eko Convention Center, Lagos. Now marking a decade of convening Africa’s foremost oil, gas, and energy leaders, SAIPEC 2026 - [Kalaekule First Oil Waits For Reality](https://africaoilgasreport.com/2026/01/in-the-news/kalaekule-first-oil-waits-for-reality/) - A torrent of applause came down on social media in the week of December 15, 2025, responding to the news that the Nigerian offshore Kalaekule field had reached first oil. The shallow water accumulation is located in Oil Mining Lease (OML) 72, operated by West Africa Exploration & Production (WAEP), an upstream subsidiary of the Dangote - [ENI Launches the Floating of the Hull of the Coral North FLNG Vessel](https://africaoilgasreport.com/2026/01/gas-monetization/eni-launches-the-floating-of-the-hull-of-the-coral-north-flng-vessel/) - Italian major ENI has launched the Hull of the Coral North Floating Liquefied Natural Gas (FLNG) vessel, a performative event, in line with the project's schedule. Coral North will be the second next-generation floating LNG facility to be located in the Rovuma basin, offshore Cabo Delgado, northern Mozambique, and will produce gas from the northern - [Masdar Signs a PPA for a 150MW Solar Power Project in Angola](https://africaoilgasreport.com/2026/01/energy-transition/masdar-signs-a-ppa-for-a-150mw-solar-power-project-in-angola/) - UAE’s state owned energy developer Masdar, has signed a power purchase agreement in Angola for the 150‑MW Quipungo Solar PV project. The deal was signed with Rede Nacional de Transporte de Electricidade, Angola’s state-owned national electricity transmission company, responsible for managing and operating the country’s transmission grid. The Quipungo project is the first phase of - [President Tinubu Approves Debt Write-Off for NNPC - $1.42Billion & W5.57tn Cancelled](https://africaoilgasreport.com/2025/12/in-the-news/president-tinubu-approves-debt-write-off-for-nnpc-1-42bn-w5-57tn-cancelled/) - Approval: President Bola Ahmed Tinubu has approved the cancellation of a substantial portion of NNPC Ltd’s outstanding debts owed to the Federation Account, effectively wiping out approximately $1.42Billion in legacy obligations. Source: The decision was detailed in a document by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and presented at the November 2025 Federation Account - [After the Deals: The Hard Work of Value Creation in Nigeria’s Energy Sector](https://africaoilgasreport.com/2026/01/in-the-news/after-the-deals-the-hard-work-of-value-creation-in-nigerias-energy-sector/) - Over the last 18 months, Nigeria’s energy ecosystem has experienced a dense wave of transactions across upstream oil and gas, midstream gas infrastructure, electricity generation, and power distribution. Indigenous firms and African capital allocators have taken control of assets previously held by international oil companies or long-standing investors. These transactions reflect growing confidence in African - [FUPRE-ENERGY BUSINESS SCHOOL](https://africaoilgasreport.com/2026/01/partner-content/fupre-energy-business-school/) - PARTNER CONTENT Calls for Applications The Federal University of Petroleum Resources (FUPRE) is calling for applications for its 2026/2026 FUPRE Energy Business School, FUPRE EBS. This is the BATCH 4 academic session. The University opens its doors for students to enter into its innovative and inter disciplinary postgraduate programmes. FUPRE EBS offers professional Post Graduate - [Soaring Angolan Gas Output Has Not Translated to Higher Processing](https://africaoilgasreport.com/2026/01/gas-monetization/soaring-angolan-gas-output-has-not-translated-to-higher-processing/) - By Cosmos Pedro, in Luanda Angolan natural gas output has increased for three consecutive months since September 2025, but the volume delivered to the Liquefied Natural Gas plant has not matched the pace of the surge. The percentage of re-injected gas is one culprit. Overall production soared by 846Million standard cubic feet (846MMscf/d) between September - [TGS Commences Reprocessing of Carpet wide 3D Seismic Data Offshore Liberia](https://africaoilgasreport.com/2026/01/oil-patch-sub-sahara/tgs-commences-reprocessing-of-carpet-wide-3d-seismic-data-offshore-liberia/) - TGS has reported the commencement of reprocessing of the Liberia Sunfish three dimensional (3D) (Vision) seismic survey in the Harper Basin, offshore Liberia. The project is supported by industry funding, the Oslo based geophysical service giant says in a release. The Sunfish 3D survey covers approximately 6,100 square kilometers and was originally acquired by TGS - [GRADUATE INTERNSHIP PROGRAMME | Waltersmith Petroman Oil Limited](https://africaoilgasreport.com/2026/01/vacancies/graduate-internship-programme-waltersmith-petroman-oil-limited/) - PARTNER CONTENT Your role As a GRADUATE INTERN you will: • Participate in a structured development programme designed to accelerate early-career learning and technical exposure. • Gain valuable hands-on experience through challenging assignments across core business and operational functions. • Receive dedicated mentoring, coaching, and performance feedback from experienced professionals. • Combine both office and - [Egypt Gets a Two Year Extension from EU to Decarbonise](https://africaoilgasreport.com/2026/01/energy-transition/egypt-gets-a-two-year-extension-from-eu-to-decarbonise/) - Egypt has received preliminary approval from the European Union (EU) to exempt its exports from the Carbon Border Adjustment Mechanism (CBAM) until the end of 2027, This waiver grants the country’s energy-intensive manufacturers, especially the fertilizer and cement industries, a two-year window to decarbonize before facing high border tariffs. The Euro zone is Egypt’s largest export market. - [Egypt Signs a Historic PPA for 2GW Solar and 4GWh Battery Storage](https://africaoilgasreport.com/2026/01/energy-transition/egypt-signs-a-historic-ppa-for-2gw-solar-and-4gwh-battery-storage/) - The Egyptian Electricity Transmission Company (EETC) has signed a Power Purchase Agreement (PPA) with Scatec ASA, for a total capacity of 1,950MW Solar and 3,900MWh Battery Energy Storage Systems (BESS). Scatec is a Norwegian power developer with renewable energy projects in operations all over the African map. Under the agreement Scatec will deliver one integrated - [Shell Seeks EOI on FPSO for Bonga South West, But Partner Consent is a Challenge to FID](https://africaoilgasreport.com/2026/01/in-the-news/shell-seeks-eoi-on-fpso-for-bonga-south-west-but-partner-consent-is-a-challenge-to-fid/) - By Foluso Ogunsan, Upstream Correspondent, West Africa Shell is seeking expressions of interest from companies for a 150,000 barrels per day floating production, storage and offloading vessel for its deep-water Bonga South West-Aparo (BSWA) project in Nigeria. The media has largely characterised the exercise, open until March 2026, as a Prequalification process. But high level - [Heirs Energies Inks 18MMscfd Gas Offtake Deal with Five Companies](https://africaoilgasreport.com/2026/01/gas-monetization/heirs-energies-inks-18mmscfd-gas-offtake-deal-with-five-companies/) - By Foluso Ogunsan, Upstream correspondent, West Africa The Nigerian independent, Heirs Energies, has signed agreements with five companies for offtake of natural gas in Agbada and Elelenwa fields, located in the company’s operated Oil Mining Lease (OML) 17, onshore Eastern Nigeria. The volume of offtake is around 18Million standard cubic feet per day (18MMscf/d). OML - [Shoreline Soars, Nembe’s Up, But Anyala  Dips and Yoho Stands Still](https://africaoilgasreport.com/2026/01/in-the-news/shoreline-soars-nembes-up-but-anyala-dips-and-yoho-stands-still/) - The NEPL/Shoreline Natural Resources JV, a Nigerian E&P Joint Venture, continued a steady increase in crude oil output, achieving 63,000Barrels of Oil Per Day (BOPD) in Oil Mining Lease (OML) 30 in November 2025. Nembe E&P breezed past 40,000BOPD in the same month, its highest output since May 2025 and a historical high going back to - [SNEPCO Gets on Board, Purchases TGS’ Multiclient OBN Seismic Data](https://africaoilgasreport.com/2026/01/oil-patch-sub-sahara/snepco-gets-on-board-purchases-tgs-multiclient-obn-seismic-data/) - SNEPCO, the UK major Shell’s deepwater upstream subsidiary in Nigeria, has agreed to purchase TGS/Petrodata’s Multiclient Ocean Bottom Node (OBN) three dimensional (3D) seismic data, as well as the Multbeam Seafloor Samling data, for $24Million. The ‘Awele South 3D Seismic 2023’ project encompasses approximately 5,900 square kilometres within a designated 56,000 square kilometres area awarded - [Venezuela: To the victor the spoils of war!](https://africaoilgasreport.com/2026/01/energy-transition/venezuela-to-the-victor-the-spoils-of-war/) - The sudden US takedown of President Maduro of Venezuela could have far-reaching implications for the oil and gas industry, and not necessarily positive. Trump anticipates that oil will flow like black honey and be a secure fuel source both for Venezuela and the USA. And of course Trump assumes that the US oil and gas - [Aradel Clears All Regulatory Hurdles, Takes Ownership of 53% of Renaissance](https://africaoilgasreport.com/2026/01/in-the-news/aradel-clears-all-regulatory-hurdles-takes-ownership-of-53-of-renaissance/) - Aradel Holdings exited the year 2025 on a high; having cleared all regulatory hurdles, it now owns 53% of Renaissance Africa Energy. It’s a major transaction; Renaissance is the 30% holder and operator of the Renaissance/ENI/TOTAL/NNPC Joint Venture, operating 18 Oil Mining Leases across onshore and shallow water east, central and western Niger Delta. The - [Nigeria International Energy Summit (NIES) 2026](https://africaoilgasreport.com/2025/12/partner-content/nigeria-international-energy-summit-nies-2026/) - PARTNER CONTENT Abuja, Nigeria | February 2–5, 2026 Held under the theme “Energy for Peace and Prosperity: Securing Our Shared Future,” NIES 2026 will convene African energy ministers, National Oil Companies (NOCs), regulators, global institutions, investors, and senior industry leaders to advance policy alignment, unlock investment, and strengthen cross-border collaboration across Africa’s energy value chain. - [M&P, ‘Co-Founder’ of Seplat Energy, Sells its Stake for ~ $500Million](https://africaoilgasreport.com/2026/01/farm-in-farm-out/mp-co-founder-of-seplat-energy-sells-its-stake-for-500million/) - Maurel & Prom S.A, the (then) French independent who provided a chunk of the money for Seplat Energy Plc to acquire its first set of upstream assets in 2010, has sold its entire stake in the London and Nigerian exchange listed firm. M&P’s 120.4Million shares, representing a 20.07% interest in Seplat, was sold to Heirs - [Ghana’s Tema Oil Refinery Resumes Operations](https://africaoilgasreport.com/2026/01/refining-gap/ghanas-tema-oil-refinery-resumes-operations/) - The Tema Oil Refinery (TOR) Ltd resumed crude oil refining operations on December 19, 2025, “after several years of inactivity”, the company’s management has declared. “This achievement follows the successful completion of major Turnaround Maintenance (TAM) works on the Crude Distillation Unit (CDU), executed within three months from August 1 to October 30, 2025”, the - [So Much is Promised for 2026](https://africaoilgasreport.com/2025/12/in-the-news/so-much-is-promised-for-2026/) - Senegal and Mauritania came through with first gas from the Greater Tortue Ahmeyin Floating LNG facility. But large projects generally moved at the glacial pace we forecast for most of Africa in 2025. Almost nothing happened in Ghana. Nigerian output activity arrived at the revamp stage, but actual growth remained tepid. Angola’s remained flat. Egypt - [Chevron Tops Up Angolan Output with New Field by 33KBOEPD](https://africaoilgasreport.com/2025/12/in-the-news/chevron-tops-up-angolan-output-with-new-field-by-33kboepd/) - Chevron has reached first oil in the N'dola Sul Project in its shallow water Block O acreage offshore Angola. The field development features 12 wells and anticipates a maximum daily production of approximately 25,000 barrels of oil, in addition to approximately 50Million cubic feet of gas (8,000Barrels of Oil Equivalent). The crude will be delivered - [Tunisia Commissions its First >100MW Solar Power Plant](https://africaoilgasreport.com/2025/12/energy-transition/tunisia-commissions-its-first-100mw-solar-power-plant/) - Tunisia has commissioned the first solar power plant to exceed 100 megawatts of installed capacity. The 120MWp Kairouan solar power plant, located in the Kairouan Governorate in the inland desert in the north of the country, is also the first to inject renewable electricity into the 225-kilovolt high-voltage grid of the Societe Tunisienne de l'Electricite - [Uganda’s State Hydrocarbon Company Searches for Head of Crude Oil Marketing](https://africaoilgasreport.com/2025/12/vacancies/ugandas-state-hydrocarbon-company-searches-for-head-of-crude-oil-marketing/) - Uganda National Oil Company Limited (UNOC) is looking to hire a Head of Crude Oil Marketing and Trading to provide strategic and operational leadership of UNOC’s crude oil marketing. Qualified applicants, including both expatriate and non-expatriate candidates, are invited to submit an application letter, curriculum vitae, and academic documents to recruitment.unoc@unoc.com by Friday, 23 January - [Aradel Delivers 1Million Litres of Petroleum Products Per Day in November 2025](https://africaoilgasreport.com/2025/12/refining-gap/aradel-delivers-1million-litres-of-petroleum-products-per-day-in-november-2025/) - Aradel Holdings achieved a surge in output of petroleum products at its crude oil refinery in Ogbele in the eastern Niger Delta, Nigeria. The integrated energy provider delivered 31.9Million litres in November 2025, corresponding to an average daily output of 1.05Million litres of diesel, HHK (Household Kerosene), Naptha and HFO (Heavy Fuel Oil), from its - [Technip Will Install the Risers, Umbilicals.. for Coral Norte FLNG Project, in Mozambique](https://africaoilgasreport.com/2025/12/gas-monetization/technip-will-install-the-risers-umbilicals-for-coral-norte-flng-project-in-mozambique/) - TechnipFMC has announced its winning of an EPCI contract from ENI for the Coral Norte gas development in the Area 4 concession in the Rovuma Basin offshore Mozambique. The technology provider will manufacture and install flexible flowlines and risers, as well as install subsea manifolds and umbilicals for the Coral Norte floating liquefied natural gas - [Tinubu Eases out CEs of Petroleum Regulatory Bodies, A Year before Tenure Expiry](https://africaoilgasreport.com/2025/12/petroleum-people/tinubu-eases-out-ces-of-petroleum-regulatory-bodies-a-year-before-tenure-expiry/) - Nigerian President Bola Ahmed Tinubu has asked the country’s upper house of parliament to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The press release from the President’s Special Adviser on information, says that the requests to - [Heirs Takes $0.75Billion Facility for ”Accelerated Field Development”](https://africaoilgasreport.com/2025/12/in-the-news/heirs-takes-0-75billion-facility-for-accelerated-field-development/) - By Foluso Ogunsan The Nigerian independent Heirs Energies has taken a $750Million loan facility from lenders led by Afreximbank, to drive long-term growth in Oil Mining Lease (OML 17), an acreage it acquired in January 2021. “The dual-tranche senior secured reserve-based lending facility will support Heirs Energies’ accelerated growth strategy as the company enters a - [Dapo Filani takes Fuller Charge of Waltersmith Petroman as Abdulrazaq Isa Exits Executive Functions](https://africaoilgasreport.com/2025/12/petroleum-people/dapo-filani-takes-fuller-charge-of-waltersmith-petroman-as-abdulrazaq-isa-exits-executive-functions/) - Abdulrazaq Isa will hand over the executive reins at Waltersmith Petroman, the Nigerian independent E&P and crude refining company, effective December 31, 2025. From the new year, he will run the company’s board of directors as a non- executive chairman. He told Africa Oil+Gas Report he is retreating to the background on a high note: - [BP Hires Meg O’Neill, Who Becomes Big Oil’s First Female CEO](https://africaoilgasreport.com/2025/12/petroleum-people/bp-hires-meg-oneill-who-becomes-big-oils-first-female-ceo/) - Meg O'Neill, the American business executive and CEO of Australia's largest oil and gas company, is going to London in April 2026 to head one of the world’s six major Western publicly traded companies. O’Neill leaves Woodside Energy after eight years at the company, five of which she spent at the helm, for a more - [TOTAL Assigns a Female Country Chair for the Crucial Last Mile to FID in Namibia](https://africaoilgasreport.com/2025/12/petroleum-people/total-assigns-a-female-country-chair-for-the-crucial-last-mile-to-fid-in-namibia/) - TOTALEnergies has appointed an experienced female African specialist within its management ranks as its Country Chair in Namibia. Mariam Kane-Garcia succeeds Laurent Roché, the French drilling engineer who oversaw the company’s aggressive campaign in the country from July 2022 to November 2025. She returns to Africa from Paris where she was, for the last one - [Now It All Makes Sense: Falade ‘Returns’ to Run the NLNG, while Phillip Moves to Doha as S.G., Gas Exporters](https://africaoilgasreport.com/2025/12/petroleum-people/now-it-all-makes-sense-falade-returns-to-run-the-nlng-while-phillip-moves-to-doha-as-s-g-gas-exporters/) - With Leye Falade’s appointment as the next Managing Director of Nigeria Liquefied Natural Gas (NLNG) Ltd, the confusion around Philip Mshelbila being the Secretary-General (or Executive Secretary) of the Gas Exporting Countries Forum (GECF) is cleared. It had all seemed weird when the news broke in October 2025 that Mshelbila had been elected to that - [Ghanaian Vehicle Finalises an Acreage Award in Guyana](https://africaoilgasreport.com/2025/12/farm-in-farm-out/ghanaian-vehicle-finalises-an-acreage-award-in-guyana/) - Ghana’s Cybele Energy has inked a Production Sharing Agreement for a shallow water offshore acreage in Guyana. In the week of December 8, 2025, the Accra-headquartered company, headed by president Beatrice Mensah‑Tayui signed a $17Milion- deal for Block S7, awarded under the country’s first competitive licensing round, which was announced in February 2025. Block S7 is - [Shell Prepares for 10th Well in Namibia's PEL 39](https://africaoilgasreport.com/2025/12/oil-patch-sub-sahara/shell-prepares-for-10th-well-in-namibias-pel-39/) - UK major Shell is preparing to spud a well in the first month of the second quarter of 2026, in Petroleum Exploration Licence 39 (PEL39) offshore Namibia. Eduardo Rodriguez, the company’s country chair said the drilling is scheduled to start in April 2026 with the 2018-built Deepsea Mira rig, owned by Northern Ocean and operated - [Nentayahu to Go To Egypt to Seal Gas Deal](https://africaoilgasreport.com/2025/12/gas-monetization/nentayahu-to-go-to-egypt-to-seal-gas-deal/) - Egyptian President Abdel Fattah El-Sisi is expecting his Israeli counterpart in Cairo for a ceremonial signing of an economic deal. It is Prime Minister Benjamin Netanyahu’s first visit to Egypt in 15 years, and his aides are pitching it as a historic diplomatic milestone and a political win at home, after years of strained ties - [Ondo State’s $50 Billion Refinery Deal: Promise, Peril, and the Pitfalls of Unverified Ambition](https://africaoilgasreport.com/2025/12/refining-gap/ondo-states-50-billion-refinery-deal-promise-peril-and-the-pitfalls-of-unverified-ambition/) - When Lucky Aiyedatiwa, Governor of Ondo state, the hydrocarbon rich subnational jurisdiction in Nigeria’s south west, announced the $50Billion Sunshine Infrastructure Joint Venture (JV) on November 5, 2025, his the state was projected as the country’s next industrial powerhouse. The plan — a 500,000-barrels-per-day refinery and a 1,471-hectare Free Trade Zone in Ilaje — was - ['Drill or Drop Rule is Not What You Apply in a StraitJacket Way'](https://africaoilgasreport.com/2025/12/petroleum-people/drill-or-drop-rule-is-not-what-you-apply-in-a-straitjacket-way/) - For six years, Osa Oweiadolor was Managing Director and Chief Executive Officer at Platform Petroleum, a leading operator of Marginal Oil Field in Nigeria’s Niger Delta. Since taking early retirement from the company in 2021, he has run Trustrock Energy, a consultancy which helps to hand-hold emerging operators in the industry. He sits on the - [Mozambicans Excited by a Trickle of LPG Output](https://africaoilgasreport.com/2025/12/gas-monetization/mozambicans-excited-by-a-trickle-of-lpg-output/) - By Prosper Mejebor, in Dar es Salaam Mozambican and South African Presidents were present at last week’s inauguration of an integrated hydrocarbon processing facility (IHPF) in Inhambane province, in the south of Mozambique. Part of the new facility is a 30,000 Tons Per Year (TPA) Liquefied Petroleum Gas Plant, the first such project to produce - [Reviewing the NUPRC’s Hydrocarbon Metering Strategy for Improved Revenue Assurance](https://africaoilgasreport.com/2025/12/partner-content/reviewing-the-nuprcs-hydrocarbon-metering-strategy-for-improved-revenue-assurance/) - PARTNER CONTENT/ANALYSIS By: Omotayo Giwa and Dimeji Bassir What is hydrocarbon metering? Metering involves the measurement and monitoring of fluid quantities, such as oil, gas, or other hydrocarbons. Metering plays a critical role in the oil and gas industry, ensuring accurate measurement of hydrocarbon quantities. It provides essential data for production, billing, and financial calculations. - [A Caravan of Oil Rigs Soon to Descend on the Niger Delta](https://africaoilgasreport.com/2025/12/in-the-news/a-caravan-of-oil-rigs-soon-to-descend-on-the-niger-delta/) - A Nigerian drilling contractor has led the pack and four upstream operators are following suit; procuring and deploying 24 rigs-owned by themselves- on various drilling locations in the country’s Niger Delta basin.. Three others are looking to contract –not own-over five rigs for multi-well drilling campaigns. This means that 29 more rigs are to be - [Dana Hits another Small Paydirt in Egypt](https://africaoilgasreport.com/2025/12/oilpatch-sahara/dana-hits-another-small-paydirt-in-egypt/) - UAE Dana Gas has reported encountering new gas in the North El-Basant 1 exploratory well, onshore Nile Delta, in Egypt. The company describes the hit as “significant”. While not citing either net or gross reservoir footage, Dana Gas claims estimated reserves of 15 - 25Billion cubic feet (Bcf) of gas in the accumulation, which it - [Can an EV law jolt Nigeria out of its petro-paralysis?](https://africaoilgasreport.com/2025/12/energy-transition/can-an-ev-law-jolt-nigeria-out-of-its-petro-paralysis/) - An ambitious electric vehicle legislation is racing through the Nigerian national assembly, charged with hype and hope that the country could become an electric vehicle manufacturing and usage heartland in Africa. This sweeping legislative framework is betting that a structured EV industry can turn an import‐dependent car market into a manufacturing base, diversify an oil‐heavy - [Scatec Commences a Total of 333MW New Solar Power Projects in Botswana and South Africa](https://africaoilgasreport.com/2025/12/energy-transition/scatec-commences-a-total-of-333mw-new-solar-power-projects-in-botswana-and-south-africa/) - Scatec ASA, has started commercial operation of two solar energy projects in Botswana and South Africa. Within a week of announcing the start-up of the 273 MW Grootfontein solar power plant in South Africa, the renewable energy developer sent out notice of the commencement of the Botswana facility, the second 60 MW phase of the - [TOTAL Annexes Mopane, Takes Operatorship of Namibia's PEL 83](https://africaoilgasreport.com/2025/12/farm-in-farm-out/total-annexes-mopane-takes-operatorship-of-namibias-pel-83/) - TOTALEnergies has won the keenly contested bid for farm in into Galp Energia's Petroleum Exploration Licence (PEL) 83 in Namibia. With 40% interest, the French explorer will be operator of the acreage, which hosts the huge Mopane discovery. Galp will in turn acquire a 10% participating interest in TOTAL-led PEL 56 license, hosting the Venus - [Scatec Pulls in Norfund into Egypt’s 1,100MW Obelisk Solar & Battery Project](https://africaoilgasreport.com/2025/12/energy-transition/scatec-pulls-in-norfund-into-egypts-1100mw-obelisk-solar-battery-project/) - Norwegian renewable energy developer Scatec has signed shareholder agreements with Norfund and EDF power solutions, for equity partnership in Scatec’s 1.1GW solar and 100MW/200MWh battery storage hybrid project, Obelisk in Egypt. Norwegian government owned Norfund is the country’s investment fund for developing countries while EDF is a Paris based, French state owned international energy player - [Is it a Discovery? Recon Cautious About Calling the Name for its Namibian Onshore “Hit”](https://africaoilgasreport.com/2025/12/oil-patch-sub-sahara/is-it-a-discovery-recon-cautious-about-calling-the-name-for-its-namibian-onshore-hit/) - Canadian independent inadvertently “launched” the ongoing Namibian rush in 2021, but it has been careful about the choice of a noun to describe its latest result in a previously unexplored onshore basin. ReconAfrica refrained from calling its latest well a discovery despite reporting that it encountered ~400 metres (~1,300 feet) of gross hydrocarbon section, identified - [In-Depth Insights From Africa's Energy Leaders](https://africaoilgasreport.com/2025/12/partner-content/in-depth-insights-from-africas-energy-leaders/) - PARTNER CONTENT After months of building, listening and curating, we're ready to share the Enlit Africa 2026 programme outline with you. Download the Programme With 7,000+ attendees, 250 exhibitors, multi-million dollar project briefs and more than 70 countries represented, Enlit Africa is where Africa connects to the world. This isn't another conference recycling last year's - [Countering Regulator’s Data, Dangote Insists It Will Flood the Market](https://africaoilgasreport.com/2025/12/refining-gap/countering-regulators-data-dangote-insists-it-will-flood-the-market/) - A week after the Nigerian downstream petroleum regulator released a fact sheet containing full year data on petroleum product import, sales and local output, Dangote Petroleum Refinery announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly or 50Million litres per day, to the Nigerian market in December 2025 - [Africa’s Leading LPG Producer Looks Beyond the Continent, Wants Much More](https://africaoilgasreport.com/2025/12/gas-monetization/africas-leading-lpg-producer-looks-beyond-the-continent-wants-much-more/) - Mohammed Jetutu, in Cairo Algerian state-owned oil company Sonatrach produces Nine Million Tons Per Year (9MMTPA) of Liquefied Petroleum Gas (LPG), of which it exports about 6MMTPA. Sonatrach is the largest producer and exporter of LPG in the Mediterranean region, with Egypt coming a distant second in Africa, at 1.9MMTPA (2024 figures). Algeria’s publicly stated - [Re-Ranking the Oil  Majors: what will 2026 bring?](https://africaoilgasreport.com/2025/12/energy-transition/re-ranking-the-oil-majors-what-will-2026-bring/) - COP30 --surely as COPs 27(Egypt), 28(UAE) and 29(Azerbaijan)-- have demonstrated how Big Oil has gained and been given new legitimacy. Something that the Paris Climate Accord of 2015 never imagined! A new era of renewables was to be ushered in! While Big Oil has been keen to find a new podium from which to proclaim - [South East Offshore Assets Dominate Nigeria’s Current Bid Round](https://africaoilgasreport.com/2025/12/farm-in-farm-out/south-east-offshore-assets-dominate-nigerias-current-bid-round/) - Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) has announced 50 Petroleum prospecting Licenses as the sum of its offering in the 2025 bid round, which opened on the first of December 2025. The Niger Delta is responsible for 35 of these acreages. And out of the Niger Delta share, 11 are located in the south east - [TOTAL and Chevron Sign Farm in Agreements for Nigerian Deepwater Assets, in a Global Collaboration](https://africaoilgasreport.com/2025/12/from-the-editor/total-and-chevron-sign-farm-in-agreements-for-nigerian-deepwater-assets-in-a-global-collaboration/) - TOTALEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum Limited, a Chevron company, a 40% participation in the Petroleum Prospecting Licence (PPLs) 2000 and 2001 exploration licenses, offshore Nigeria. The two acreages, covering an area of approximately 2,000 square kilometres in the deepwater Niger Delta basin, were awarded to - [Egypt to Hike Electricity Tariff in Early 2026](https://africaoilgasreport.com/2025/12/power-deficit/egypt-to-hike-electricity-tariff-in-early-2026/) - The Egyptian government is preparing to increase electricity tariff starting January 2026. The plan is to close the gap between production costs and the consumer price, so the proposed prices will be higher by 15 to 25%, depending on consumption brackets. "Higher-consumption segments already pay cost-reflective prices, while lower tiers continue to receive government support." - [Olajumoke Ajayi, Serial First Timer,  is the New President of NAPE](https://africaoilgasreport.com/2025/12/petroleum-people/olajumoke-ajayi-serial-first-timer-is-the-new-president-of-nape/) - Olajumoke Ajayi has taken over the Presidency of the Nigerian Association of Petroleum Explorationists (NAPE). The Managing Director of Ingentia Energies was inaugurated as President at the last annual conference of the body; the largest grouping of oil industry technical professionals in Africa. She took over from Johnbosco Uche, who is Renaissance Africa’s Exploration & - [No Rig Needed for More Gas: Nigeria’s Heirs Energies Bolsters Output from a Dormant Well](https://africaoilgasreport.com/2025/11/gas-monetization/no-rig-needed-for-more-gas-nigerias-heirs-energies-bolsters-output-from-a-dormant-well-2/) - The Nigerian independent Heirs Energies, has reported its peak natural gas output as soaring to 135Million standard cubic feet per day (135MMsf/d) on account of a new completion in an old well in Oil Mining Lease (OML) 17, onshore eastern Niger Delta. “The well at the centre of this success had previously been shut in - [‘Scaling Up Renewables’ Expands  with Octopus, a Private  British Partner](https://africaoilgasreport.com/2025/11/energy-transition/scaling-up-renewables-expands-with-octopus-a-private-british-partner/) - Octopus Energy Generation has joined the Scaling Up Renewables in Africa campaign, which announced that it had raised $17.8Billion in public and private sector contributions at the recently concluded G20 Leaders’ Summit in Johannesburg. Octopus says it is the only British business contributing to the global campaign, which involves the European Commission, the Republic of - [HMSPR Oil, NCDMB, NIMASA and Stakeholders Praise Tamrose for Phenomenal Growth, Exemplary Local Content Capacity Building and Financial Fidelity](https://africaoilgasreport.com/2025/11/partner-content/hmspr-oil-ncdmb-nimasa-and-stakeholders-praise-tamrose-for-phenomenal-growth-exemplary-local-content-capacity-building-and-financial-fidelity/) - PARTNER CONTENT …Pledge Increased Financial and Institutional Support for Indigenous Companies Yenagoa, Nigeria | 13 November 2025 – The Honourable Minister of State for Petroleum Resources, Oil, Senator Heineken Lokpobiri, has renewed the Federal Government’s commitment to unlocking wider financial and institutional support for indigenous oil and gas service companies, citing the success of Tamrose - [Chevron Slips behind Rivals in Angolan Output](https://africaoilgasreport.com/2025/11/in-the-news/chevron-slips-behind-rivals-in-angolan-output/) - American oil major, Chevron Corp., was once the leading producer of hydrocarbon in Angola, but today it lags behind all the majors in output and its fortunes look set on continuing decline in the country. Despite that Chevron has just completed a natural gas extraction and processing project, which delivers around 300Million standard cubic feet - [The irregularities of the regulator will keep Nigeria’s upstream underachieving](https://africaoilgasreport.com/2025/11/in-the-news/the-irregularities-of-the-regulator-will-keep-nigerias-upstream-underachieving/) - By the Editorial Board of Africa Oil+Gas Report Nigeria is failing to attract high calibre operators that are entirely new to the country and upstream capital from all-new sources at the scale that will deliver the country’s ambitious output targets because NUPRC, its upstream regulator, lacks important basics of investment promotion. The simplest example among - [Moza Grants Four More Years to TOTAL on the Gas License](https://africaoilgasreport.com/2025/11/gas-monetization/moza-grants-four-more-years-to-total-on-the-gas-license/) - By Marcus Mejebi, in Maputo The Government of Mozambique has decided to extend, by four and a half years, the concession period for Area 1 of the deepwater Rovuma Basin, which hosts the liquefied natural gas (LNG) megaproject. The extension was approved in a resolution by Mozambique’s Council of Ministers, on November18, 2025 “in accordance - [TOTALEnergiess Takes Operatorship from Conoil in OPL 257](https://africaoilgasreport.com/2025/11/farm-in-farm-out/totalenergiess-takes-operatorship-from-conoil-in-opl-257/) - TOTALEnergies has announced the signing of agreements with Conoil Producing Limited (Conoil), under which TOTALEnergies is to acquire from Conoil a 50% operated interest in block Oil Prospecting Lease (OPL) 257 and Conoil is to acquire the 40% participating interest held by TOTALEnergies in block Oil Mining Lease (OML)136, both located offshore Nigeria. Upon completion of this - [South Africa Extends Bid Submission Date for Gas IPP Procurement Programme (GASIPPPP BW1)](https://africaoilgasreport.com/2025/11/tenders/south-africa-extends-bid-submission-date-for-gas-ipp-procurement-programmegasipppp-bw-1/) - South Africa’s Department of Electricity and Energy has amended the Request for Proposal (RFP) to procure 2 000 MW of electricity under the GASIPPPP Bid Window originally issued in 2023. The Department has also extended the Bid Submission Date from the 31st of October 2025 to the 29th of May 2026. In a recently published - [The AKK Completion Is Not What is Advertised](https://africaoilgasreport.com/2025/11/gas-monetization/the-akk-completion-is-not-what-is-advertised/) - “Project would be unable to deliver gas at reasonable exit pressures under free flow conditions to Kaduna and Kano, thereby defeating the overriding objective of delivering natural gas to power economic activities along the entire pipeline corridor” The Ajaokuta-Kaduna-Kano (AKK) natural gas pipeline has been announced several times in 2025 as being very close to - [The Congo Wing Wah Deal Headline is so Riddled with Errors it’s Annoying](https://africaoilgasreport.com/2025/11/in-the-news/the-congo-wing-wah-deal-headline-is-so-riddled-with-errors-its-annoying/) - The story is everywhere: “Congo, Wing Wah Sign $23Billion Hydrocarbon Deal to boost Congo’s Oil Output”, the headline says. And then the first paragraph confirms why we should be worried: China’s Wing Wah to develop the Banga Kayo, Holmoni and Cayo permits in the Republic of the Congo, aiming to raise national oil output to - [ZIMBABWE-When a Small (Untested) Gas Discovery Exerts a Large Influence](https://africaoilgasreport.com/2025/11/gas-monetization/zimbabwe-when-a-small-untested-gas-discovery-exerts-a-large-influence/) - John Bentley was the only private sector operative invited to the podium to address the gathering at the INVEST IN ZIMBABWE session at the Africa Energy Week in Cape Town in late September 2025. The chairman of the board of Invictus Energy, a junior Australian explorer, spoke very briefly on the healthy cooperation between the - [ARDA training event scheduled for December 2025](https://africaoilgasreport.com/2025/11/partner-content/arda-training-event-scheduled-for-december-2025/) - PARTNER CONTENT See details below for this training event organised by CITAC Africa Ltd, taking place in Abidjan in December 2025. To register for this event, click below. For more information, please contact huguette.doh@afrra.org. Free attendance for ARDA members and sponsors. External participants are welcome at a cost of $500 per person. Événement de formation - [40,000 BOPD FPSO TAMARA TOKONI IN WEST AFRICA IS NOW AVAILABLE FOR IMMEDIATE REDEPLOYMENT TO SUPPORT ACCELERATED FIELD DEVELOPMENT PROJECTS](https://africaoilgasreport.com/2025/11/partner-content/40000-bopd-fpso-tamara-tokoni-in-west-africa-is-now-available-for-immediate-redeployment-to-support-accelerated-field-development-projects/) - PARTNER CONTENT Overview An industry-proven Floating Production Storage and Offloading (FPSO) unit FPSO Tamara Tokoni is currently available for immediate redeployment to support new or ongoing offshore field development projects. The unit offers a cost-effective and time-efficient solution for operators seeking to accelerate production timelines, reduce upfront capital expenditure, and optimize field economics. Key Highlights - [VAARIS is Now the Likely Winner of TOTAL's 10% Stake in the RAEC Operated JV](https://africaoilgasreport.com/2025/11/farm-in-farm-out/vaaris-is-now-the-likely-winner-of-totals-10-stake-in-the-raec-operated-jv/) - By Prosper Mugambi, in Port Harcourt There are strong indications that TOTALEnergies is close to signing a Sale and Purchase Agreement with an SPV named VAARIS for its 10% equity in the Renaissance Africa/NNPC/ENI/TOTAL Joint Venture, covering 18 oil mining leases (OMLs) in onshore and shallow water eastern, central and western Niger Delta basin. VAARIS - [NNPC Narrows Down to Three Investors/Technical Partners for its Refineries](https://africaoilgasreport.com/2025/11/refining-gap/nnpc-narrows-down-to-three-investors-technical-partners-for-its-refineries/) - Nigeria’s state hydrocarbon company NNPC has junked the option of selling its four crude oil refining plants, located in three states of the country. After reviewing the report of the company-wide asset audit and portfolio benchmarking exercise, the NNPC’s incumbent, seven month old executive management and board of directors, decided it was best to get - [QatarEnergy Is All Over the African Map](https://africaoilgasreport.com/2025/11/farm-in-farm-out/qatarenergy-is-all-over-the-african-map/) - When QatarEnergy announced its farm-in transaction with ENI, acquiring a 40% stake in the North Rafah block in late October 2025, media reports cited it as the company’s seventh offshore position in Egypt. The North Rafah acquisition had come less than three weeks after the company had teamed up with Shell to acquire a 27% - [The Namibian Quandary: The growing pains of an emerging energy giant!](https://africaoilgasreport.com/2025/11/in-the-news/the-namibian-quandary-the-growing-pains-of-an-emerging-energy-giant/) - Namibia requires a well-thought-out strategy if the country is to continue its energy journey…success is notguaranteed…two key projects are symbolic: Hype Hydrogen which lost RWE as a backer; and TOTALEnergies’ Venus-1 project awaiting a clearer Government direction in order to proceed towards a final investment decision (FID). The most important issue is policy stability to - [Local Content Doesn’t Earn You “Brownie Points” Among Multinational Investors](https://africaoilgasreport.com/2025/11/in-the-news/local-content-doesnt-earn-you-brownie-points-among-multinational-investors/) - For policy designers in several developing economies, local content laws and their enforcement are considered some of the best ideas for growing industrialization, especially on the back of resource extraction. But a zest for local content rules is considered disincentive to investment for a number of multinational companies. Indeed, it often earns a country low - [Aradel Moves towards Owning 53% of Renaissance](https://africaoilgasreport.com/2025/11/farm-in-farm-out/aradel-moves-towards-owning-53-of-renaissance/) - Aradel Holdings has reached an agreement for the acquisition of an additional 40% equity interest in ND Western Limited. This takeover is largely about the Switzerland based Petrolin selling its 40% of ND Western, which is the holder of the Oil Mining Lease (OML) 34 Joint Venture with the NNPC E&P. It also means that, - [Kudu Field’s Long Awaited Appraisal is ‘Encouraging’, But Will Require Follow up Appraisal](https://africaoilgasreport.com/2025/11/oil-patch-sub-sahara/kudu-fields-long-awaited-appraisal-is-encouraging-but-will-require-follow-up-appraisal/) - By Sully Manope, in Windhoek Norwegian minnow BWEnergy has reported “encouraging preliminary results” from the Kharas-1 appraisal well “which has reached total depth and drilled multiple formations present across the Kudu license”. Kharas -1 is an upside target in a prospect north-west of the Kudu formation, identified in the course of interpretation of a 5,000 square - [Namibian President Sacks Petroleum Minister over Moratorium](https://africaoilgasreport.com/2025/10/petroleum-people/namibian-president-sacks-petroleum-minister-over-moratorium/) - Amid a tense national debate about the immediate and long term future of Namibia’s Energy sector, President Netumbi Nandi-Ndaitwah has relieved Natangwe Ithete of his duties as Deputy Prime Minister and Minister of Industry, Mines and Energy (MMI&E), a portfolio which also covers Petroleum. Frans Kapofi, the Defence and Veterans Affairs Minister, was appointed as - [Dangote Will add a 750,000BPD Single Train to Expand its Existing Refinery](https://africaoilgasreport.com/2025/10/refining-gap/dangote-will-add-a-750000bpd-single-train-to-expand-its-existing-refinery/) - Dangote Industries Ltd has run a single train, 650,000Barrels Per Stream Day (BPSD) Refinery for close to two years and is satisfied with the delivery. The company’s proposed expansion to a 1.4MillonBPSD plant, comes with another single train. In July 2025, DIL said it planned to raise capacity from 650,000BPSD to 700,000BPSD. That capacity addition - [TOTAL Lifts Force Majeure: Moza Rides to 20MMTPA LNG Capacity by 2029](https://africaoilgasreport.com/2025/10/gas-monetization/total-lifts-force-majeure-moza-rides-to-20mmtpa-lng-capacity-by-2029/) - With the Force Majeure on Mozambique LNG project lifted by TOTALEnergies and its partners, the country is on course to hosting LNG capacity of 20Million Tonnes Per Annum (20MMTPA) by the second half of 2029. TOTAL’s decision about the 13MMTPA facility, widely publicised over the weekend of October 24 to 26, 2025, came two weeks - [Egypt’s State Oil Service Firm Wins  EPC Contract for Algerian Field Development](https://africaoilgasreport.com/2025/10/in-the-news/egypts-state-oil-service-firm-wins-epc-contract-for-algerian-field-development/) - Egyptian state owned Petrojet has won the contract to develop the second phase (Phase2) of the Hassi Bir Rekaiz oilfield project in Algeria. The project is expected to increase production capacity from the current 13,000 Barrels of oil Per day (BOPD, with targets of 31,500BOPD in sub-Phase 2a and up to 63,000 BOPD in sub-Phase - [Namibia's Hard Choices: Ports, Local Content, and Permitting in a Pre-Final Investment Decision (FID) Year](https://africaoilgasreport.com/2025/10/in-the-news/namibias-hard-choices-ports-local-content-and-permitting-in-a-pre-final-investment-decision-fid-year/) - OPINION Our ambition should be disciplined: build only what is needed for appraisal and early development now; leave option value for scale-up post-FID Namibia is in a narrow window between discovery and decision. TOTALEnergies has asked to extend its exploration licence and has already signalled a smaller Venus development, with final investment decision now discussed - [Angola Grows LNG Export, with $8 Per Mscf Average Price, Earns $628Million](https://africaoilgasreport.com/2025/10/in-the-news/angola-grows-lng-export-with-8-per-mscf-average-price-earns-628million/) - By Marshal Gungubele Angola exported 90.95Million barrels of crude oil, valued at approximately $6.29Billion, at a weighted average price of $69.16 per barrel, in the third quarter of 2025, the country’s Ministry of Mineral Resources, Petroleum and Gas reports. “This performance represents a 7.19% increase compared to the second quarter of 2025, although it registered - [Regional Integration is Not Automatic](https://africaoilgasreport.com/2025/10/in-the-news/regional-integration-is-not-automatic/) - The African continent is emerging from a period of global uncertainty marked by supply-chain disruption, fluctuating commodity prices, climate-related shocks, and tightening financial conditions. Yet, across East Africa, the economic pulse is unmistakably alive. Growth projections remain among the highest on the continent, and the region’s collective resilience continues to inspire confidence that Africa’s next - [Panoro’s CEO on an Unusual, Temporary Exit](https://africaoilgasreport.com/2025/10/petroleum-people/panoros-ceo-on-an-unusual-temporary-exit/) - Oslo listed minnow, Panoro Energy, has announced that John Hamilton, its Group Chief Executive Officer, has decided to take a leave of absence for personal family reasons, effective immediately. Julien Balkany will temporarily act as Executive Chairman and will work alongside Eric d'Argentré (COO and President), who will assume additional corporate responsibilities. It is an - [Despite Dangote, Africa’s Refining Gap Remains Wide and Product Imports Will Grow](https://africaoilgasreport.com/2025/10/refining-gap/despite-dangote-africas-refining-gap-widens-and-product-imports-will-grow/) - By Toyin Akinosho Africa’s crude oil refining capacity has contracted, while the continent’s demand for petroleum products has surged, in the last 30 years. The emergence of Dangote refinery has closed the gap a little, but imports will trend upwards in the foreseeable future, according to latest analyses of the S&P Global Commodity Insights. Africa’s - [Thinking through the Tempests](https://africaoilgasreport.com/2025/10/in-the-news/thinking-through-the-tempests/) - The oil industry cannot afford to give up on knowledge production Review of Energy Insight Nigeria (Vol. 2): A Rerview of Half a Decade, edited by Victor E. Eromosele; a 2025 special publication by the Centre for Petroleum Information; 416 pages. The last five years have been defined by tumults and transitions. We have witnessed - [Apache Shoots Close to 500MMscf/d in Egypt](https://africaoilgasreport.com/2025/10/gas-monetization/apache-shoots-close-to-500mmscf-d/) - Apache’s Egypt gas output increased to a two-year high, to 470Milion standard cubic feet per day (MMscf/d) in Q2, 2025 as the company takes advantage of the incentive to develop previously overlooked gas deposits. It’s the American independent’s second consecutive quarterly gas output increase for the first time in twelve years. Gas output was up - [Promise, Gains, and Pitfalls: A Review of Nigeria’s Petroleum Industry Act](https://africaoilgasreport.com/2025/10/in-the-news/promise-gains-and-pitfalls-a-review-of-nigerias-petroleum-industry-act/) - By Oluwatobi Odeyinka, Staff Reporter It’s been four years since Nigeria’s Petroleum Industry Act (PIA) was signed into law by late former President Muhammadu Buhari in August 2021. Heralded by years of agitation, advocacy and political wrangling, the PIA was meant to overhaul Nigeria’s petroleum industry, accused of being plagued by inefficiency, opacity, and outdated - [At Seis- Space, We Couple the Subsurface to the Surface in a Seamless Network](https://africaoilgasreport.com/2025/10/in-the-news/at-seis-space-we-couple-the-subsurface-to-the-surface-in-a-seamless-network/) - The Nigerian service companies Seis-Space Geosciences and Demiterra are establishing their credentials as Geohazard monitor and ultimate surveillance superintendent and record keeper for upstream installation across the length and breadth of the country’s oil industry. The two companies are in league: starting life as a subsurface solutions service provider and growing to full cycle delivery. - [Invitation For Expression of Interest for the Coiled Tubing and Pumping Services](https://africaoilgasreport.com/2025/10/tenders/invitation-for-expression-of-interest-for-the-coiled-tubing-and-pumping-services/) - ES/NCDMB/IPP/ARADEL-NCP-100434/120925/PROVISION OF COILED TUBING AND PUMPING SERVICES 1. INTRODUCTION Aradel Energy Limited, operator of the Ogbele, Omerelu, Olo and Olo West Fields invites interested companies to make a submission of an expression of interest in the provision of Coiled Tubing and Pumping Services. 2. SCOPE OF WORK The scope of work is to provide Coiled - [Shell Nigeria Takes FID on the 350MMscf/d HI Gas Export Project](https://africaoilgasreport.com/2025/10/gas-monetization/shell-nigeria-takes-fid-on-the-350mmscf-d-hi-gas-export-project/) - Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, together with Sunlink Energies and Resources Limited, have taken a final investment decision (FID) on the HI gas project offshore Nigeria. When completed, the project will supply 350Million standard cubic feet (approximately 60 thousand barrels of oil equivalent) of gas per day - [Move All Gases: Nigeria’s Autogas Scheme Can Be Broader, More Inclusive](https://africaoilgasreport.com/2025/10/gas-monetization/move-all-gases-nigerias-autogas-scheme-can-be-broader-more-inclusive/) - Felix Ekundayo, President of the Nigeria Liquefied and Compressed Gases Association (NLCGA), has strong opinions about the country’s ‘Decade of Gas’ programme; the drive for gas demand expansion; why the CNG policy is a slow-coach option for the country; Dangote’s entry into the gas market and ensuring energy supply security by not allowing any single gas - [ENI Returns to Drill in Offshore Libya, Aiming to Bolster Gas Export to Italy](https://africaoilgasreport.com/2025/10/oilpatch-sahara/eni-is-back-drilling-in-offshore-libya-aiming-to-bolster-gas-export-to-italy/) - Italian major ENI never stopped being a constant fixture of the Libyan oil patch, even in the heyday of the 2011 to 2012 revolt and the immediate aftermath, when several other operators were on the retreat. But the company has been absent from the country’s offshore in the last five years, while it continued operations - [Badawi Gets bp to Award A Rig Contract for a Five Well Deepwater Campaign  in Egypt](https://africaoilgasreport.com/2025/10/oilpatch-sahara/badawi-gets-bp-to-award-a-rig-contract-for-a-five-well-deepwater-campaign-in-egypt/) - In September 2025, Karim Badawi, Egypt’s Minister of Petroleum, took the unusual step of visiting the London headquarters of bp, along with state company with EGAS to sign a Memorandum of Understanding, to drill five wells in the Mediterranean. Less than a month later, on October 13, 2025, bp announced the award of a rig - [Will African Gunboat Diplomacy Coax Ørsted to Becoming a Green Champion in Africa?](https://africaoilgasreport.com/2025/10/energy-transition/will-african-gunboat-diplomacy-coax-orsted-to-becoming-a-green-champion-in-africa/) - The Trump Administration’s halt-to-work order on Ørsted’s Revolution Wind project off the coast of RhodeIsland, USA, could have far-reaching ramifications. This is not simply an anti-green resolution but much more. Ørsted’s majority share-holder is the state of Denmark; and the Kingdom of Denmark, which includes Greenland, has become very visible on the USA’s radar screen. - [Africa’s energy future: Why optimism is warranted](https://africaoilgasreport.com/2025/10/in-the-news/africas-energy-future-why-optimism-is-warranted/) - Africa’s business and political elites are faced with a pressing question: Can we genuinely fulfil the promise of eradicating energy poverty by 2030? The answer hinges not on foreign investment or external solutions, but rather on a crucial factor—African responsibility for our own challenges. Around 600Million Africans live without electricity. In Nigeria alone, over 85Million - [Nigerian Indies Have Had Sour Experiences in the Rest of Africa](https://africaoilgasreport.com/2025/10/farm-in-farm-out/nigerian-indies-have-had-sour-experiences-in-the-rest-of-africa/) - First E&P’s entry into Tanzania’s Mnazi Bay North Block (MBNB) is the company’s second foray into a jurisdiction outside Nigeria, its home country. Prior to signing an MoU with the Tanzania Petroleum Development Company, to assess the potentials of MBNB, the company had been in negotiation with Ghana National Petroleum Corporation (GNPC), trying to complete - [Kevin McLachlan, Who Just Left TOTAL, Is Hired to Lead Chevron Exploration](https://africaoilgasreport.com/2025/10/petroleum-people/kevin-mclachlan-who-just-left-total-is-hired-to-lead-chevron-exploration/) - By Toyin Akinosho, in Cape Town Chevron Corporation has announced that Kevin McLachlan will become its Vice President of Exploration, 24 hours after TOTALEnergies named his replacement. Chevron says that McLachlan, who was TOTAL’s Senior Vice President Exploration between 2015 and 2025, will start work effective November 1, 2025, “overseeing the company’s worldwide exploration programme”. - [The African Independent Formally Takes Charge/Our Latest Issue](https://africaoilgasreport.com/2025/10/in-the-news/arrival-date-for-the-african-independent-our-latest-issue/) - In mid-March 2025, Renaissance Africa Energy Company (RAEC) was handed the key to Shell Petroleum Development Company (SPDC). It was a symbolic event, but it was a thunderous statement of independence. RAEC, a special purpose, integrated joint venture of four Nigerian juniors (NDWestern, Aradel Holdings, Watersmith Petroman, First E&P) and a foreign partner (Petrolin), had - [TOTAL Replaces Kevin McLachlan with an Exploration Hotshot from ENI](https://africaoilgasreport.com/2025/10/petroleum-people/total-replaces-kevin-mclachlan-with-an-exploration-hotshot-from-eni/) - French major TOTALEnergies has gone out to poach a senior executive in a close rival to head its global exploration. The company announced Nicola Mavilla, who was Head of Exploration Projects at the Italian explorer ENI, to replace the retiring Kevin McLachlan as Senior Vice President Exploration. Mr. Mavilla starts work on November 1, 2025. - [NNPC’s ARCHITECT OF TRUST: WHY THE CHIEF RELATIONS OFFICER MATTERS](https://africaoilgasreport.com/2025/09/press-release/nnpcs-architect-of-trust-why-the-chief-relations-officer-matters/) - OPINION In the global energy landscape, the real measure of corporate strength is not only in barrels lifted or revenues declared. Increasingly, it is found in the quality of stakeholder relationships and trust a company can sustain — relationships with regulators who approve, investors who fund, communities who host, and partners who collaborate. Essentially, relationships - [Three Months After Licence Expiration, over 20 PPL Holders Left with Questions](https://africaoilgasreport.com/2025/09/farm-in-farm-out/three-months-after-licence-expiration-over-20-ppl-holders-left-in-limbo/) - By Oluwatobi Odeyinka, Staff Reporter Over 20 Nigerian marginal oilfield operators whose Petroleum Prospecting Licences(PPL) expired in June 2025 are lamenting being left in limbo three months after filing applications for licence extensions. More than 40 PPLs expired on 27 June, 2025, and over 20 of the licence holders had submitted requests for extensions to - [The 21st International Conference & Exhibition on Liquefied Natural Gas (LNG2026)](https://africaoilgasreport.com/2025/09/others/paid-post/the-21st-international-conference-exhibition-on-liquefied-natural-gas-lng2026/) - LNG2026 presents unique opportunities for collaboration, knowledge sharing, and securing high-value deals that advance the LNG business. With a comprehensive focus on the entire LNG value chain, from production and transportation to market delivery, attendees will participate in insightful discussions about the latest industry developments, emerging technologies, and market trends. Continuing the esteemed LNG Conference - [OP-ED: Finding Nigeria’s elusive incremental oil barrels](https://africaoilgasreport.com/2025/09/in-the-news/op-ed-finding-nigerias-elusive-incremental-oil-barrels/) - Context Nigeria has historically struggled to meet its OPEC production quota consistently, undermining efforts to stabilize government revenues. The 2025 federal budget assumed crude oil output of 2.06Million barrels per day (MMBOPD) at a benchmark price of $75 per barrel, forming the basis for ambitious spending plans. Actual production has trailed expectations. Year-to-date average output - [African Refining: A Promising Yet Unexploited Investment Opportunity](https://africaoilgasreport.com/2025/09/refining-gap/african-refining-a-promising-yet-unexploited-investment-opportunity/) - OPINION PIECE In recent years, the African continent has been characterized by the active commissioning of new refining capacities. However, despite this, there is a problem with the energy infrastructure on the continent, which leads to unavailability of refined products. This unavailability is both a blessing and a curse for the African continent, its people - [Angolan Next Bid Round Comes in October 2025: Licencing Sale as Route to New Oil](https://africaoilgasreport.com/2025/09/farm-in-farm-out/angolan-next-bid-round-comes-in-october-2025-licencing-sale-as-route-to-new-oil/) - Angola will launch a new oil and gas licensing round before the end of October 2025, its Minister of Mineral Resources, Petroleum, and Gas has announced. Diamantino Pedro Azevedo said the country is targeting blocks in the Kwanza and Benguela basins. These basins have not proven much since they became the main locations for bid - [Nigeria’s Gas Infrastructure Fund Inks an MoU with Afreximbank to Mobilise $500Million for a Pipeline of Projects](https://africaoilgasreport.com/2025/09/gas-monetization/nigerias-gas-infrastructure-fund-inks-an-mou-with-afreximbank-to-mobilise-500million-for-a-pipeline-of-projects/) - Nigeria’s Midstream and Downstream Gas Infrastructure Fund (MDGIF) has signed a memorandum of understanding (MoU) with the Pan African lender African Export-Import Bank (Afreximbank) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in the country. The two parties will work together with the overarching intention of mobilising up to $500Million - [M&P Gets a New Chairman: Wisnu Santoso](https://africaoilgasreport.com/2025/09/petroleum-people/mp-gets-a-new-chairman-wisnu-santoso/) - A new chairman has been appointed for the board of Maurel et Prom, the Indonesian owned, French headquartered independent. Wisnu Santoso, currently Senior Vice President of Business Development at Pertamina, succeeds Jaffee Suardin for the remainder of his term. Suardin had only been chairman for one year. He was CEO of Pertamina Internasional EP when - [PIA Amendment: Nigeria’s Finance Ministry to Take over Petroleum; NUPRC Will Replace NNPC As Concessionaire](https://africaoilgasreport.com/2025/09/in-the-news/pia-amendment-nigerias-finance-ministry-to-take-over-petroleum-nuprc-will-replace-nnpc-as-concessionaire/) - By the Editorial Board of Africa Oil+Gas Report Nigeria’s Attorney General has notified several of the country’s Federal agencies, of President Ahmed Tinubu’s approval of the proposed amendment to the Petroleum Industry Act (PIA). The proposed legislation is titled ‘The Petroleum Industry Act (Amendment) Act 2025’. The planned amendment was originated by the Minister of - [Nigeria Whittles Down its Ambitious 10Million LPG Cylinder Injection Programme](https://africaoilgasreport.com/2025/09/gas-monetization/nigeria-whittles-down-its-ambitious-10million-lpg-cylinder-injection-programme/) - The Nigerian government has whittled down an ambitious plan to boost cooking gas demand as an alternative to dirty, highly polluting fuels. The project to distribute Ten Million (10Milion) LPG cylinders, launched in 2021 by the government of former President Muhammadu Buhari, has been stepped down in favour of a “Moving 1Million homes to clean - [H-PTP: 'We will be the Well Engineering Company for Most Companies'](https://africaoilgasreport.com/2025/09/in-the-news/h-ptp-we-will-be-the-well-engineering-company-for-most-companies/) - Since its establishment six years ago, H PTP Energy Services has gained ground as a dominant player in Nigeria's drilling and well engineering sector. Through a series of drilling campaigns, the company has edged towards being the preferred partner for indigenous oil and gas operators seeking efficient, cost-effective drilling solutions. Its recent engagement in a - [Sasol’s Natref  Refinery Upgrade to Clean Fuels, Marks a Reversal of Things](https://africaoilgasreport.com/2025/09/refining-gap/sasols-natref-refinery-upgrade-to-clean-fuels-marks-a-reversal-of-things/) - By Oluwatobi Odeyinka, Staff Reporter at Headquarters South Africa’s petrochemical giant Sasol reports that its Natref refinery has made significant progress towards achieving compliance with Clean Fuels 2 regulation through the installation of its first low carbon boiler. “The second low carbon boiler is expected to be commissioned by the end of this month”, the - [Panoro Appoints Perenco Man as President](https://africaoilgasreport.com/2025/09/petroleum-people/panoro-appoints-perenco-man-as-president/) - By Marshal Gungubele His job is to turn a largely, non-operating venturer into a technically honed operator Panoro Energy, the up and coming Norwegian minnow, has announced the appointment of a veteran Perenco engineer/manager as its new Chief Operating Officer and President. Eric d'Argentré is a French citizen who graduated with a B.Sc in Mechanical - [ Ingentia, Multisub, Receive Petroleum Mining Licences (PMLs) ..NUPRC Plans a ‘Coming  Out Handshake’](https://africaoilgasreport.com/2025/09/farm-in-farm-out/ingentia-multisub-receive-petroleum-mining-licences-pmls-nuprc-plans-a-coming-out-handshake/) - By Macson Obojemuinmin, in Port Harcourt Nigeria’s petroleum upstream regulator NUPRC moved the needle on the 2020-2022 Marginal field awards in the last two weeks when it formally converted Petroleum Prospecting Licences (PPLs) to Petroleum Mining Licences (PMLs) for some of the awardees. In the event, Ingentia Energies, operator of Egbolom Field (Petroleum Prospecting Licence - [Invitation For Expression of Interest for the Drilling Fluids & Mud Engineering](https://africaoilgasreport.com/2025/09/others/invitation-for-expression-of-interest-for-the-drilling-fluids-mud-engineering/) - ES/NCDMB/IPP/ARADEL-ADV-100385/290825/PROVISION OF DRILLING FLUIDS AND MUD ENGINEERING SERVICES 1. INTRODUCTION Aradel Energy Limited, operator of the Ogbele, Omerelu, Olo and Olo West Fields invites interested companies to make a submission of an expression of interest in the provision of Drilling Fluids & Mud Engineering. 2. SCOPE OF WORK The scope of work is to provide - [Invitation For Expression of Interest for the Provision of various Well Engineering Services](https://africaoilgasreport.com/2025/09/tenders/invitation-for-expression-of-interest-for-the-provision-of-various-well-engineering-services/) - 1. ES/NCDMB/IPP/ARADEL-ADV-100383/290825/PROVISION OF CEMENT AND PUMPING SERVICES 2. ES/NCDMB/IPP/ARADEL-ADV-100381/290825/PROVISION OF COMPLETION SERVICES 3. ES/NCDMB/IPP/ARADEL-ADV-100387/290825/PROVISION OF SURFACE WELL TESTING SERVICES 4. ES/NCDMB/IPP/ARADEL-ADV-100382/290825/PROVISION OF CASING ACCESSORIES AND TUBING RUNNING SERVICES 5. ES/NCDMB/IPP/ARADEL-ADV-100386/290825/PROVISION OF FISHING AND RENTAL TOOLS SERVICES 6. ES/NCDMB/IPP/ARADEL-ADV-100384/290825/PROVISION OF DIRECTIONAL DRILLING AND MEASUREMENT SERVICES 7. ES/NCDMB/IPP/ARADEL-ADV-100388/290825/PROVISION OF WIRELINE LOGGING SERVICES 1. INTRODUCTION Aradel Energy Limited, - [Tanzania to Convene Investor Conference on expanding CNG infrastructure](https://africaoilgasreport.com/2025/09/gas-monetization/tanzania-to-convene-investor-conference-on-expanding-cng-infrastructure/) - By Suly Manope, Southern Africa correspondent, in Windhoek The Tanzanian government is planning a national meeting with investors, banks, and regulators to address financial barriers hindering the construction of compressed natural gas (CNG) fueling stations. James Mataragio, the country’s Deputy Minister of Energy, says the goal is to make CNG more accessible as a cheaper - [NNPC Pulls in Former NLNG Spokesman from Retirement](https://africaoilgasreport.com/2025/09/petroleum-people/nnpc-pulls-in-former-nlng-spokesman-from-retirement/) - NNPC Ltd has appointed a seasoned communications specialist, acknowledged industry wide, as its new Chief Corporate Communications Officer. Andy Odeh retired in 2024, as General Manager of External Relations and Sustainable Development at the Nigeria Liquefied Natural Gas (NLNG) Ltd. He had spent 26 years at the gas company, where he was Manager, Community Relations - [TOTAL Scales over Legal Hurdles, Picks Two More Acreages in Deepwater Nigeria](https://africaoilgasreport.com/2025/09/farm-in-farm-out/total-scales-over-legal-hurdles-picks-two-more-acreages-in-deepwater-nigeria/) - By Oluwatobi Odeyinka, Staff Reporter, Lagos Headquarters After a brief legal battle, during which a Nigerian independent objected to the process, TOTALEnergies has announced the signing of the Production Sharing Contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore Nigeria. The company won the blocks, along with its longstanding Nigerian partner, South - [MODEC and AFC in Agreement to Advance Africa's Maritime Infrastructure](https://africaoilgasreport.com/2025/09/in-the-news/modec-and-afc-in-agreement-to-advance-africas-maritime-infrastructure/) - MODEC, Inc., the Japanese builder of Floating Hydrocarbon Production units, has announced that it has executed a Co-operation Agreement (CA) with Africa Finance Corporation (AFC) to collaborate on Floating Production, Storage, and Offloading units (FPSO) projects as well as other maritime infrastructure projects in Africa. MODEC says it has extensive African experience, “having delivered 11 - [TOTAL Takes One More in the Congo](https://africaoilgasreport.com/2025/09/in-the-news/total-takes-one-more-in-the-congo/) - TOTALEnergies (50%, operator), together with its partners QatarEnergy (35%) and the national company SNPC (15%), has been awarded the Nzombo exploration permit in the Republic of the Congo. The 1,000 square kilometre Nzombo permit is located 100 kilometres off the coast of Pointe-Noire, close to the Moho production facilities operated by TOTALEnergies EP Congo. The - [Heirs Energies Needs More Transparency If It Will Take Perenco’s Spot](https://africaoilgasreport.com/2025/08/in-the-news/heirs-energies-needs-more-transparency-if-it-will-take-perencos-spot/) - By Marshal Gungubele, in Lagos “We are the brownfield champions”, Heirs Energies chief executive Osa Igiehon has said, continuing with the slower rider, “in Nigeria and possibly in Africa”. But the Nigerian upstream operator will have to become more transparent if it will credibly outdo Anglo-French operator Perenco that Igiehon has all but named as - [TEDA Set for Another $200Million Solar Complex in Egypt](https://africaoilgasreport.com/2025/08/energy-transition/teda-set-for-another-200million-solar-complex-in-egypt/) - The China-Egypt Teda Industrial zone is set to welcome Atom Solar Egypt, the second solar power component production complex to be announced as tenants at the zone in the last six months. Atom Solar Egypt features a consortium of Egyptian, Chinese, Bahraini, and Emirati investors, who signed a land usufruct to set up a $220Milion - [20 Years After First Oil, Ogbele, "Small Field" Has “Built Companies” and Delivered 35Million Bbls](https://africaoilgasreport.com/2025/08/in-the-news/20-years-today-after-first-oil-ogbele-small-field-has-built-companies-and-delivered-35million-bbls/) - Ogbele field, Nigeria’s first officially designated “marginal” oil field, quietly marked the 20 year anniversary of commercial production (first oil) today, August 28, 2025. The field has produced 35Million barrels of oil and 140Billon standard cubic feet in those years. It has been a remarkable journey for an accumulation that was billed to hold only - [Erik Granskog is appointed as Endeavor Energy's Chief Executive Officer](https://africaoilgasreport.com/2025/08/petroleum-people/erik-granskog-is-appointed-as-endeavor-energys-chief-executive-officer/) - Endeavor Energy Holdings LLC, an Africa-focused independent power generation company backed by Denham Sustainable Infrastructure, has announced the appointment of Erik Granskog as Chief Executive Officer, effective immediately. He takes over from Brian Herlihy, who is now Chief Utility Innovation Officer at the QTS Data Centres in the United States. Mr. Herlihy's key accomplishment during - [After A Hugely Successful Bid Round, Algerian Regulator Inks New Study Agreements](https://africaoilgasreport.com/2025/08/farm-in-farm-out/algerian-regulator-inks-new-study-agreement-with-us-independent/) - Algeria’s National Agency for Hydrocarbon Resources Valorization (Alnaft) has announced the signing of two study agreements, with the US independent Occidental Petroleum, on the oil and gas potential of El Ouabed and Dahar exploration permits, located in the south of the country. The studies will assess hydrocarbon potential before any direct exploitation. The agreements aim - [ENI’s Second FLNG in Congo to Start Work in December 2025](https://africaoilgasreport.com/2025/08/gas-monetization/enis-second-flng-in-congo-to-start-work-in-december-2025/) - Italian explorer ENI has re-announced the end of 2025 as start-up date for its 2.4Million Metric Tonne Per Annum (MMTPA) Nguya floating liquefied natural gas (FLNG) unit, offshore the Republic of Congo. ENI reiterated the scheduled date in the same press release announcing the sail away ceremony for the vessel in Shanghai, China. The company - [Africa’s Renewable Energy Drive: Where’s the Value in the Nuggets?/OUR LATEST ISSUE](https://africaoilgasreport.com/2025/08/in-the-news/africas-renewable-energy-drive-wheres-the-value-in-the-nuggets-our-latest-issue/) - Africa’s renewable energy drive hasn’t been anywhere at par with most of the rest of the world, including the hydrocarbon rich Arabian Peninsula. South Africa, the solar-wind-battery storage powerhouse of the continent, doesn’t even have 12,000MW of these energy types connected to its grid. We spend most of the time lamenting “their” not allowing us - [Nigeria’s Top Modular Refiner Says Dangote’s Not a Problem](https://africaoilgasreport.com/2025/08/refining-gap/nigerias-top-modular-refiner-says-dangotes-not-a-problem/) - NGX listed Aradel Plc reported 42.6% increase in revenue for its refined products in the first half of 2025 compared with the revenue in 1H 2024.. The increase in income from the Ogbele refinery to ₦116.5Billion had happened despite the emergence of the mammoth 650,000Barrels per stream day (BPSD) BPSD Dangote Refinery which started operation - [News of the Completion of Nigeria’s OB3 Gas Line is Fake, Exaggerated](https://africaoilgasreport.com/2025/08/gas-monetization/news-of-the-completion-of-nigerias-ob3-gas-line-is-fake-exaggerated/) - By Marshal Gungubele The so called breaking news, that NNPC Ltd, the Nigerian state hydrocarbon company, had inaugurated the long awaited Obiafu-Obrikom-Oben (OB3) gas pipeline, is fake and exaggerated. The headline itself, in its several variations on social media, is misleading. It says that NNPC launches 113kilometre section of OB3 gas pipeline project. The truth - [SEPLAT Keeps The Rest of Africa on Waiting List – Roger Brown](https://africaoilgasreport.com/2025/08/farm-in-farm-out/seplat-keeps-the-rest-of-africa-on-waiting-list-roger-brown/) - By Oluwatobi Odeyinka Is Seplat Energy likely to be caught foraging for hydrocarbon in the frontiers of Angola or Tanzania? Roger Brown, the Chief Executive Officer of Seplat Energy Ltd, reiterated the company’s commitment to developing its Nigerian assets even though it is interested in expanding its portfolio beyond the country. Mr Brown was a - [Regulations Surrounding Commingling Production Need be addressed](https://africaoilgasreport.com/2025/08/in-the-news/regulations-surrounding-commingling-production-need-be-addressed/) - The Oil Mining Lease (OML) 30, located onshore Nigeria's Niger Delta basin, has produced consistently above 45,000Barrels of Oil Per Day in the last three years, despite no new drilling. It is the highest producing single acreage held by a Nigerian indigenous player. Now the asset holders: Shoreline Natural Resources/NNPC E&P JV, want to get - [Enrico Mattei: the Founding Father of African Independents ](https://africaoilgasreport.com/2025/08/energy-transition/enrico-mattei-the-founding-father-of-african-independents/) - What, you may ask does Enrico Mattei, the founder of ENI, have to do with African Independents? His example, his disdain for conformity, his daring anti-establishment movements and his contrarian behavior, have helped shape the ENI of today. Mattei’s contrarian leadership style at the conclusion of the second world war (WW2), helped shape ENI, providing - [SLB Appoints Namibian Banker as Country Manager](https://africaoilgasreport.com/2025/08/petroleum-people/slb-appoints-namibian-banker-as-country-manager/) - SLB has announced the appointment of Elsie Kambala as its new Country Manager in Namibia. She succeeds Joao David Tiago, who spent three years on the job. Kambala brings extensive experience from Namibia’s financial services industry, including executive roles at Old Mutual Investment Group Namibia and the Bank of Namibia. She also holds a Master - [UN Floats a Tender for Solar Hubs In Moza’s Niassa Province](https://africaoilgasreport.com/2025/08/tenders/un-floats-a-tender-for-solar-hubs-in-mozas-niassa-province/) - UNITED NATIONS DEVELOPMENT PROGRAMME (UNDP) has floated a tender for Bms/Itm/Sis- 4 Solar Hubs in Mozambique’s Niassa Province. The project location is Mozambique and the tender is closing on September 19, 2025. The tender notice number is UNDP-HQ-01830, while the TOT Ref Number is 124810245. Procurement Summary Country: Mozambique Summary: Bms/Itm/Sis- 4 Solar Hubs in Mozambique Niassa - [Shell's Rodriguez is the New Chair of Namibian Petroleum Operators Group](https://africaoilgasreport.com/2025/08/petroleum-people/shells-rodriguez-is-the-new-chair-of-namibian-petroleum-operators-group/) - The Namibia Petroleum Operators Association (NAMPOA) has announced the election of Eduardo Rodriguez Tamayo, Shell Namibia’s Country Chair, as its Chairperson. It’s an interesting turn of events, considering widespread speculation about Shell’s imminent exit from Namibia’s upstream, following its announcement, in January 2025, of a write down of $400Million on its Petroleum Exploration Licence (PEL) - [Seplat Starts Pumping LPG  (Butane) from former ExxonMobil Assets into the Nigerian Market](https://africaoilgasreport.com/2025/08/in-the-news/seplat-starts-pumping-lpg-butane-from-former-exxonmobil-assets-into-the-nigerian-market/) - By Marshal Gungubele Seplat Energy PLC has announced the completion of the first domestic supply of Liquefied Petroleum Gas (LPG) – Butane from the company's operated Bonny River Terminal (BRT) in Rivers State, Nigeria. This "landmark supply", the company pointed out, "involved the loading of 12,600 metric tons (MT) of LPG", a step in "Seplat’s - [Mozambique’s Sovereign Fund Has received over $200Million Inflow in 20 Months](https://africaoilgasreport.com/2025/08/in-the-news/mozambiques-sovereign-fund-has-received-over-200-million-inflow-in-20-months/) - Mozambique’s Ministry of Finance has reported that $210Million had been collected from oil and natural gas exploitation revenues in Mozambique as of June 30, 2025; funds that were subsequently applied to the new Mozambique Sovereign Fund (FSM), created and approved in 2023. “Data from the economic and social balance of the State Budget execution from - [Casual Staff at NNPC Refinery Go Unpaid for 120 Days](https://africaoilgasreport.com/2025/08/refining-gap/casual-staff-at-nnpc-refinery-go-unpaid-for-120-days/) - Support staff at NNPC’s Warri refinery, a 125,000Barrels of Oil Per Stream Day BPSD facility, have not been paid for four months, Africa Oil+Gas Report (AOGR) has learnt. The Warri refinery is located in the western Niger Delta basin, in Nigeria's mid-west. Dafe Ighomitedo, the worker's representative, told AOGR that they last received their pay - [Cameroon Launches Bid Round For Nine Blocks; To Wrap Up In April 2026](https://africaoilgasreport.com/2025/08/farm-in-farm-out/cameroon-launches-bid-round-for-nine-blocks-to-wrap-up-in-april-2026/) - Cameroon has launched its 2025 Licensing Round. The county’s National Hydrocarbons Corporation (SNH) states the calendar of the bid round as follows: September 1, 2025 to March 15th, 2026-Data consultation and/or gathering and evaluation of data by all interested companies; March 30, 2026 (at noon local time) is the latest date for submission of proposals; - [Why Production from Belema Oil, Dubri Oil, Remain at the Back of the Class](https://africaoilgasreport.com/2025/08/in-the-news/why-production-from-belema-oil-dubri-oil-remain-at-the-back-of-the-class/) - By Marshal Gungubele The Nigerian independent, Belema Oil Limited, has staunchly remained the producer of a trickle of crude, averaging 210Barels of Oil Per Day (BOPD), from the Oil Mining Lease (OML) 55 in June 2025, ten years after the company purchased Chevron’s 40% of the asset and secured its operatorship, in JV with NNPC. - [In “Dynamics of Petroleum Products Marketing”, Billy Okoye Pulls His Punches](https://africaoilgasreport.com/2025/08/downstream/downstream-retail/in-dynamics-of-petroleum-products-marketing-billy-okoye-pulls-his-punches/) - By Oluwatobi Odeyinka Staff Reporter Even as the epic transformation of the global economy plays itself out, petroleum products remain the hegemon of all energy sources, at least in the next decade. So we should welcome a book with the title Dynamics of Petroleum Products Marketing, which, its author says, sets out to provide “a - [Bayo Ojulari, Now on Tiptoes: Was it about Not Paying Enough Attention?](https://africaoilgasreport.com/2025/08/petroleum-people/bayo-ojulari-now-on-tiptoes-was-it-about-not-paying-enough-attention/) - By the Editorial Board of Africa Oil+Gas Report Bayo Ojulari’s critics loudly accuse him of unutterable display of profligacy in less than six months in office. His supporters point to the transformative streak in his performance of the job. While the two board members of the NNPC interviewed by Africa Oil+Gas Report laud his boldness - [It's Anniversary Day: NAPE Marks 50 Years of Energy Leadership in Africa with Bold Vision for the Future](https://africaoilgasreport.com/2025/08/partner-content/nape-marks-50-years-of-energy-leadership-in-africa-with-bold-vision-for-the-future/) - LAGOS. NIGERIA. The Nigerian Association of Petroleum Explorationists (NAPE), the continent's foremost body of petroleum geoscientists, is celebrating its golden milestone of 50 years of shaping Africa's energy future. On August 14. 2025, NAPE will host a landmark event under the theme: "NAPE at 50: Pioneering the Future of Energy in Africa." The celebration will - [Tinubu Names New Governing Council, Board for Ogoni Clean-up Project](https://africaoilgasreport.com/2025/08/petroleum-people/tinubu-names-new-governing-council-board-for-ogoni-clean-up-project/) - By Oluwatobi Odeyinka, Staff Reporter Nigeria’s President, Bola Ahmed Tinubu, has approved the reconstitution of the Governing Council and Board of Trustees of the Hydrocarbon Pollution Remediation Project (HYREP), the county’s initiative responsible for implementing environmental clean-up efforts in Ogoniland, a host community on the oil rich Niger Delta region. Balarabe Lawal, Minister of Environment, - [Global Gas Flaring Hits Highest Level Since 2007](https://africaoilgasreport.com/2025/08/gas-monetization/global-gas-flaring-hits-highest-level-since-2007/) - Global gas flaring surged for a second year in a row, wasting about $63Billion in lost energy and setting back efforts to manage emissions and boost energy security and access, the World Bank has noted in a new report. Flaring, the practice of burning natural gas during oil extraction, reached 5.3Trillion cubic feet (TcF) in - [Welltec’s Wellgrab Has a Good Run in Angolan Oilfields](https://africaoilgasreport.com/2025/08/partner-content/welltecs-wellgrab-has-a-good-run-in-angolan-oilfields/) - PARTNER CONTENT The Denmark headquartered contractor, Welltec, has seen a bounce in its Angolan operations in the last six years. The company points to two examples. One is the growing uptake of its Wellgrab technology platform in the country’s many oilfields. The other is the movement of the company’s workforce to the new Sonils (logistics) - [Afreximbank Leads Other Lenders in $4Billion Refinancing Facility to Dangote Refinery](https://africaoilgasreport.com/2025/08/refining-gap/afreximbank-leads-other-lenders-in-4billion-refinancing-facility-to-dangote-refinery/) - The financing alleviates initial operational expenditures and enhances DIL’s balance sheet, supporting its continued growth trajectory. African Export-Import Bank (Afreximbank) says it has signed a $1.35Billion financing facility in favour of Dangote Industries Limited (DIL). The facility is the largest share among participating banks, who have contributed approximately $4Billion syndicated financing arrangement for Dangote Industries - [For Less Than $500Million, Shelf Drilling Will Be Gone, Delisted](https://africaoilgasreport.com/2025/08/in-the-news/for-less-than-500million-shelf-drilling-will-be-gone-delisted/) - By Marshal Gungubele Saudi owned ADES International says it is on course to take over all outstanding shares of Oslo-listed Shelf Drilling, the once bespoke poster company for shallow water rig activity. ADES will pay $379Million in an all-cash merger deal, which is expected “to create a leading global player in shallow-water drilling with 83 - [Drill Baby? Angola’s Planned Refining Boom Has Gone Nowhere](https://africaoilgasreport.com/2025/08/refining-gap/drill-baby-angolas-planned-refining-boom-has-gone-nowhere/) - As Angola’s security forces mop up the remaining embers of protests against the 33% increase in fuel prices that have led to the deaths of 30 and injured 277 people, Africa’s third largest crude oil producer remains staunchly an importer of petroleum products. In May 2025, only 5.6% of Angola’s crude oil production was refined - [Return of Houdini: Now you see it, now you don’t!](https://africaoilgasreport.com/2025/08/gas-monetization/return-of-houdini-now-you-see-it-now-you-dont/) - Harry Houdini’s most famous illusion was making a live elephant disappear on stage at the New York Hippodrome in 1918. Now Donald Trump, US President, and Ursula von der Leyen, European Commission Head, have created a bigger illusion: pledging that the EU will purchase $800Billion of LNG from the USA over the next three years. - [Sasol Agrees to Invest $43Million More in Community Developments in Mozambique](https://africaoilgasreport.com/2025/08/in-the-news/sasol-agrees-to-invest-43million-more-in-community-developments-in-mozambique/) - By Prosper Mojeku, in Maputo Johannesburg listed Sasol Ltd, the top hydrocarbon producer in Mozambique, has formalised a new cycle of Local Development Agreements (LDAs-II) in the gas rich Maluvane, Govuro District, Inhambane Province in the country. The agreements call for a total investment of $43Million to be channelled into social development programmes across the - [Inflection Point – NNPC Under New Management and Nigeria’s Energy Priorities](https://africaoilgasreport.com/2025/08/opinion/inflection-point-nnpc-under-new-management-and-nigerias-energy-priorities/) - OPINION/ANALYSIS Well begone is half done. – Aristotle. The Nigerian National Petroleum Corporation Limited, NNPC, has been given a new Board to steer it towards national economic and energy policy. It has also come a new management team, with Engineer Bayo Ojulari as Group CEO, to recharge business performance and operational execution. This leadership reset - ['Ceasefire deadline on Russia temporarily raises oil prices', by Rystad](https://africaoilgasreport.com/2025/08/in-the-news/ceasefire-deadline-on-russia-temporarily-raises-oil-prices-by-rystad/) - By Katie Keenan Rystad Energy oil market note After trading between $66 and $69, Brent futures have broken out and surpassed $70 per barrel, supported by stronger demand indicators amid ongoing uncertainty regarding Russian supply. The 10 to 12 day deadline for Russia to end its invasion and a full ceasefire has aided some concerns - [Heritage Zooms to 55,000BD Despite a Broken Rig Fiasco](https://africaoilgasreport.com/2025/07/in-the-news/heritage-zooms-to-55000bd-despite-a-broken-rig-fiasco/) - Heritage Energy Oil Services (HEOSL)’s operated Oil Mining Lease (OML) 30 achieved an output of 55,000Barrels of Oil Per Day (BOPD) in June 2025 despite a broken rig fiasco that had threatened to upend its plans to double production on the asset in the medium term. The company, a subsidiary of Heritage Oil, a Jersey-based - [With First Oil from Agogo -Ngoma, Angola Looks to >1.2MMBOPD](https://africaoilgasreport.com/2025/07/in-the-news/with-first-oil-from-azules-agogo-project-announced-angola-looks-to-a-firm-1-2mmbopd/) - The bp/ENI Joint Venture Azule Energy and Angola’s upstream regulator ANPG have both announced start-up and first oil production from the Agogo Floating Producing Storage and Offloading (FPSO) facility offshore Angola. This is the centrepiece of the Agogo Integrated West Hub (Agogo IWH) project, which involves the development of two fields, Agogo and Ndungu, in - [BW Contracts Rig for the First Drilling on the Kudu Field in 18 Years](https://africaoilgasreport.com/2025/07/oil-patch-sub-sahara/bw-contracts-rig-for-the-first-drilling-on-the-kudu-field-in-18-years/) - The Norwegian oil producer BW Energy, has contracted a rig for the drilling of the Kharas appraisal well on the Kudu licence (PPL003) in the Orange Basin, offshore Namibia. The Deepsea Mira semi-submersible, operated by Northern Ocean Ltd., will drill the long awaited well on the Kudu structure as part of the scheduled rig-sharing arrangement - [With First Oil in two new Projects, TOTAL Tops Up Angolan Output by 60,000BPD](https://africaoilgasreport.com/2025/07/in-the-news/with-first-oil-in-two-new-projects-total-tops-up-angolan-output-by-60000bpd/) - French major TOTALEnergies has announced the start of production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola. The two projects, the company says, “are leveraging ullage in the PAZFLOR and CLOV floating production, storage and offloading units (FPSOs). Each of these two developments - [‘African Pioneer’, MPL’s  Newly Chartered DSV, Arrives West African Waters](https://africaoilgasreport.com/2025/07/in-the-news/african-pioneer-mpls-newly-chartered-dsv-arrives-west-african-waters/) - The Nigerian oilfield marine support company Marine Platforms, has delivered, into the country’s waters, its long term bareboat chartered vessel African Pioneer (formerly known as China Merchants Pioneer, which was renamed from Ultra Deep Matisse). The twin-bell Diving Support Vessel (DSV) came from China Merchants yard with a stopover in Cape Town where the official - [Gbite Falade Is the Next Chair of IPPG](https://africaoilgasreport.com/2025/07/petroleum-people/gbite-falade-is-the-next-chair-of-ippg/) - Adegbite Falade, Group Chief Executive Officer of Aradel Holdings, has been appointed as the next Chairman of the Board of Trustees and Governance Council of the Independent Petroleum Producers Group (IPPG). He takes over the role in September 2025, during the commemoration of the Group’s 10th Year Anniversary. The IPPG is an increasingly influential association - [Afreximbank Inks Head of Terms to Prep for a 1GW Solar Plant in Zimbabwe](https://africaoilgasreport.com/2025/07/energy-transition/afreximbank-inks-head-of-terms-to-prep-for-a-1gw-solar-plant-in-zimbabwe/) - By Sully Manope, Southern African correspondent, in Windhoek Afreximbank has signed a Heads of Terms agreement for a $4.4Million project preparation facility in favour of Green Hybrid Power Private Limited. The facility will be deployed towards the preparation of bankability and feasibility studies and procurement of transaction advisors for a 1,000MW (1GW) hybrid floating solar - [Uganda’s National Oil Company Seeks JV Partners](https://africaoilgasreport.com/2025/07/farm-in-farm-out/ugandas-national-oil-company-seeks-jv-partners/) - PARTNER CONTENT EXPRESSION OF INTEREST NOTICE OF EXPRESSION OF INTEREST FOR JOINT VENTURE PARTNERSHIP (JVP) WITH UGANDA NATIONAL OIL COMPANY LIMITED (UNOC) IN THE PRODUCTION SHARING AGREEMENT FOR THE KASURUBAN CONTRACT AREA The Uganda National Oil Company Limited (UNOC) was established under Section 42 of the Petroleum (Exploration, Development and Production) Act, 2013 and incorporated - [Mauritius Invites RFP for Purchase of  Electrical Energy from Power Barge](https://africaoilgasreport.com/2025/07/tenders/mauritius-invites-rfp-for-purchase-of-electrical-energy-from-power-barge/) - TENDERS/BIDDING The Republic of Mauritius' Central Electricity Board (CEB) is inviting sealed bids from prospective bidders for the Purchase of Electrical Energy from Power Barge. The complete sets of Bidding Documents can be downloaded free of charge from the CEB’s website at: https://ceb.mu/procurement/tender Any clarification sought by bidders in respect of this bidding exercise shall - [Managing Nigeria’s Oil Output Gains Ahead of OPEC Quota Review](https://africaoilgasreport.com/2025/07/in-the-news/managing-nigerias-oil-output-gains-ahead-of-opec-quota-review/) - Exactly 54 years ago this month (July 2025), Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using collective action to seek global production versus price equilibrium, in response to major consumer countries perceived to have overplayed their hand. Coincidentally, Nigeria’s oil sector reached a significant milestone this year, achieving and slightly surpassing - [AITEO Launches Plan to Build 240,000BPD Refinery in Mozambique](https://africaoilgasreport.com/2025/07/refining-gap/aiteo-launches-plan-to-build-240000bpd-refinery-in-mozambique/) - The Nigerian founded crude oil producer and petroleum products trader, AITEO, has signed an engineering, procurement, and construction (EPC) agreement to develop a 240,000 barrels of oil-per-day (BOPD) refinery in Mozambique. The facility will be developed as a joint venture between AITEO US Corporation and Mozambique’s state-owned petroleum company, Petromoc, according to a statement by - [Algeria Appoints a New Head for its Petroleum Regulator](https://africaoilgasreport.com/2025/07/petroleum-people/algeria-appoints-a-new-head-for-its-petroleum-regulator/) - Samir Bekhti has been appointed Chairman of the Board of directors of Algeria’s National Agency for the Valourisation of Hydrocarbon Resources, (ALNAFT), the country’s petroleum regulator. He takes over from Mourad Beldjehem, who is credited to have run the hugely successful 2024-2025 bid round, attracting European and American majors as well as Asian and Arab - [Esso Gets 12 More Years in Angolan Block 15](https://africaoilgasreport.com/2025/07/farm-in-farm-out/esso-gets-12-more-years-in-angolan-block-15/) - US Major ExxonMobil has had its licence on the prolific Angolan Block 15 extended until 2037. The Houston headquartered company has extracted over 2.5Billion barrels of oil from the asset since the original award in 1995, with partners including Azule Energy, Equinor and Sonangol E&P. By its own account, Esso and its partners have invested - [With a ‘Signifiant Find’, Azule drills Deeper in Angolan Probe](https://africaoilgasreport.com/2025/07/oil-patch-sub-sahara/with-a-signifiant-find-azule-drills-deeper-in-angolan-probe/) - Azule Energy is drilling deeper for more resources after encountering a significant gas discovery in reservoirs of Oligocene age in shallow water Block 1/14 in Angola’s Lower Congo Basin. The company, an incorporated joint venture of BP and ENI, already claims an estimated resources of about 1Trillion cubic feet of gas and up to 100Million - [The Upsides of Sub-Saharan African Gas to Power Market /Our Latest Issue](https://africaoilgasreport.com/2025/07/in-the-news/the-upsides-of-sub-saharan-african-gas-to-power-market-our-latest-issue/) - If you live in North Africa, it is natural to believe that the gas-fired power plant is the only type of plant available for electricity generation. A lifelong resident of Sub-Saharan Africa would be forgiven for assuming that gas-fuelled thermal plants are an excruciating source of confusion. Some exceptions to the two are Morocco in - [Technip in Sight to Deliver the Coral North FLNG Facility](https://africaoilgasreport.com/2025/07/gas-monetization/technip-in-sight-to-deliver-the-coral-north-flng-facility/) - French contractor Technip Energies delivered the 3.4Million Metric Tonnes Per Year (MMTPA) Coral South Floating LNG facility off Mozambique in November 2021. Now it has won a contract for preliminary activities for the same capacity Coral North FLNG, which is designed as a twin of the Coral South project. Preliminary activities are often a prelude - [Africa Struggles With Lower for Longer Crude Oil Output despite OPEC +’s Tap Opening](https://africaoilgasreport.com/2025/07/farm-in-farm-out/africa-struggles-with-lower-for-longer-crude-oil-output-despite-opec-s-tap-opening/) - The top African producers of hydrocarbons in the membership of OPEC have struggled to keep production on a growth trajectory, despite the cartel’s optimistic tone, which calls for more output. Nigeria and Libya have collectively output less than 3Million Barrels per day (3MMBOPD) in the last full year. Algeria’s oil output has dropped from over - [George-Ikoli Takes Full Charge at NRGI in Nigeria](https://africaoilgasreport.com/2025/07/petroleum-people/george-ikoli-takes-full-charge-at-nrgi-in-nigeria/) - Tengi George-Ikoli has been appointed Country Manager for Nigeria at the Natural Resource Governance Institute (NRGI). Until the appointment she was Senior Programme Officer for Nigeria at the global non-profit. NRGI’s signature project in Nigeria is focused on “Oil Dependency” . It aims to imagine a future without oil and it re-thinks oil’s role in - [Another Franco Down: The Optics of Bassirou Faye’s Loss of ECOWAS Presidency](https://africaoilgasreport.com/2025/07/petroleum-people/another-franco-down-the-optics-of-bassirou-fayes-loss-of-ecowas-presidency/) - Senegalese President Bassirou Faye inaugurated the first hydrocarbon production in two significant projects within the first year of his taking office. The 100,000Barrels of Oil Per Day (BOPD) Sangomar oil and gas field and the 2.5Million Tonne Per year (MMTPA) Greater Tortue-Ahmeyin Liquefied Natural Gas project, are large sized resource extraction campaigns for Senegal. With - [Angola’s Largest E&P Firm Commences a Multi-well Drilling Campaign in Signature Block](https://africaoilgasreport.com/2025/07/oil-patch-sub-sahara/angolas-largest-ep-firm-commences-a-multi-well-drilling-campaign-in-signature-block/) - Angola’s largest homegrown independent Etu Energias has announced the arrival of the Chinese owned Jack up rig SMS ESSA Probe for a multi-well drilling and re-entry campaign on its Block 2/05 in shallow offshore Congo Basin. The company will drill at least three development wells, probe one exploration location and carry out five work overs - [With  Over 30 PP Licences Expiring, Most Marginal Field Operators Face the Possibility of Revocation](https://africaoilgasreport.com/2025/07/in-the-news/with-over-30-pp-licences-expiring-most-marginal-field-operators-face-the-possibility-of-revocation/) - Only two winners of Nigeria’s 2020-2022 marginal field bid round had been granted a Petroleum Mining Licence (PML) on their acreages as of June 27, 2025, when the Petroleum Prospecting Licences (PPLs) expired for most of the 40+ awardees. The process is overseen by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Three other companies were - [Despite Pouyanné’s Concerns, TOTAL Is Returning to Moza LNG with “Comprehensive” Security Measures](https://africaoilgasreport.com/2025/07/gas-monetization/despite-pouyannes-concerns-total-is-returning-to-moza-lng-with-comprehensive-security-measures/) - By Sully Manpe, in Windhoek Patrick Pouyanné, TOTALEnergies’ Chairman and CEO, famously said that he would not like to walk around the site of the company’s operated Mozambique Liquefied Natural Gas plant with noticeably large escorts of the Mozambican army. “We will not build a plant surrounded by troops”, Pouyanné remarked, less than a year - [Tulcan Lays Pipeline from Tom Shot Bank to FUN Manifold](https://africaoilgasreport.com/2025/07/in-the-news/tulcan-lays-pipeline-from-tom-shot-bank-to-fun-manifold/) - By Marshal Gungubele …It also Finalises Plans for Barging to Bonny Nigerian marginal field operator, Tulcan Energy, is simultaneously laying two evacuation pipelines to the FUN manifold at the gate of Seplat Producing Nigeria Unlimited (SEPNU)’s Qua Iboe Terminal in the country’s south east. It has also established a barging route via Newcross E&P’s shuttle - [Ghana’s Fifth Oilfield Development Is Shaping Up, but what is ENI Not Saying?](https://africaoilgasreport.com/2025/07/oil-patch-sub-sahara/ghanas-fifth-oilfield-development-is-shaping-up-but-what-is-eni-not-saying/) - The Ghanaian government has announced the formal submission of the Declaration of Commerciality (DoC) for the Eban-Akoma discoveries located within the Cape Three Points Block 4 (CTP-B4). If this new declaration gets to its logical conclusion, the country may realise its fifth oil and gas development project in the short to medium term. “The Declaration - [Has Chappal Lost the Opportunity for the Purchase of TOTAL’s 10% of RAEC/NNPC/ENI/TOTAL Joint Venture?](https://africaoilgasreport.com/2025/07/farm-in-farm-out/has-chappal-lost-the-opportunity-for-the-purchase-of-totals-10-of-raec-nnpc-eni-total-joint-venture/) - There is no clear answer to the question as to whether Chappal Energies has lost the opportunity to purchase TOTALEnergies’ 10% equity in what is now RAEC/NNPC/ENI/TOTAL Joint Venture in 15 oil mining leases (OMLs) in Nigeria. “The transaction has not been closed yet”, according to Antonin Mantz, TOTALEnergies’ investment relations manager, who responded to - [New Energy Re-visited: Beginning of the end or end of the Beginning?](https://africaoilgasreport.com/2025/07/energy-transition/new-energy-re-visited-beginning-of-the-end-or-end-of-the-beginning/) - If Europe is in the midst of a green energy transition---this message has not resonated to a greater public-outsidethe corridors of the EU’s power base in Brussels and Strasburg. To best gauge how Europe’s Energy Transition is sputtering one merely should reflect on how Europe’s new energy companies have fared in the period 2021-2024. Ørsted, - [Cheryl Sandercock is the New Chair of Meren Energy, a Nigerian Deep-water Player](https://africaoilgasreport.com/2025/07/petroleum-people/cheryl-sandercock-is-the-new-chair-of-meren-energy-a-nigerian-deep-water-player/) - The Canadian engineer, Cheryl Sandercock has been appointed Chairman of the board of directors of Meren Energy, replacing John Craig who stepped down immediately.. “Mr. Craig, a Director of the Company since 2009, had informed the Board of his intention to step down last year and the appointment of Ms. Sandercock follows a recruitment process - [Nigerian Agency Wants To Erase “Expensive” Barging of Crude](https://africaoilgasreport.com/2025/07/in-the-news/nigerian-agency-wants-to-erase-expensive-barging-of-crude/) - By Macson Obojemuinmoin Nigeria’s Ministry of Finance Incorporated (MOFI) has set up a committee to evaluate the crude oil evacuation infrastructure in the country’s Niger Delta basin. Concerned that a growing number of upstream operators are exiting the pipeline system and opting for barging, (shipping their crudes in small vessels, to terminals) at what it - [A $200Million Solar Components Plant Under Construction in Egypt](https://africaoilgasreport.com/2025/07/energy-transition/a-200million-solar-components-plant-under-construction-in-egypt/) - Chinese group Sunrev has commenced the construction of a $200Million Solar Components Manufacturing Plant in Egypt. The two phase project, located in Ain Sokhna in the Suez Canal Economic Zone (SCZONE) is part of the country’s efforts to create a renewable energy manufacturing hub. The 20-hectare site will focus on producing solar components locally to - [Elombi, after Oramah: Two Divergent Career Paths at Afreximbank](https://africaoilgasreport.com/2025/06/petroleum-people/elombi-after-oramah-two-divergent-career-paths-at-afreximbank/) - George Elombi has been appointed to succeed Benedict Oramah as the President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank). The Cameroonian national, who joined the Bank as a Legal Officer in 1996, was picked by the shareholders, upon the recommendation of the Board of Directors, at the 32nd group - [Shipping Firms Unsure about ‘Accepting’ Suez Canal’s Tariff Reduction](https://africaoilgasreport.com/2025/06/maritime-services/shipping-firms-unsure-about-accepting-suez-canals-tariff-reduction/) - Shipping firms are being cautious about taking immediate advantage of a 15% reduction on transit fees announced by the Suez Canal Authority for high laden container vessels The initiative is meant to encourage major shipping lines to return to transiting through the water body once more; “especially in light of the considerably improved security conditions - [M&P’s Gas Sale Price Increases in Tanzania, but Output Trend Not Progressive](https://africaoilgasreport.com/2025/06/gas-monetization/mps-gas-sale-price-increases-in-tanzania-but-output-trend-not-progressive/) - By Marshal Gungubele Paris based M&P reported $4.02 per thousand standard cubic feet (Mscf) as its average gas sales price in Tanzania in the first quarter of 2025. It’s the highest gas sale price that the company has earned in 24 months. The lowest in that period has been $3.76/Mscf, achieved in 1Q 2023. The - [Ghana Wants to repair its Refinery, But There is Something Else to Worry About](https://africaoilgasreport.com/2025/06/refining-gap/ghana-wants-to-repair-its-refinery-but-there-is-something-else-to-worry-about/) - By Oluwatobi Odeyinka, Senior Reporter The Ghanaian government’s desire to repair the Tema Oil Refinery (TOR), is hampered by legacy debt issues and a technical design glitch. Edmund Kombat, the Acting Managing Director of the 45,000Barrelsof Oil Per Day (BOPD)Refinery, made a case for its refurbishment after a Parliamentary presentation on Monday, June 23, 2023. - [Shell Has No Intention of Making an Offer for BP](https://africaoilgasreport.com/2025/06/farm-in-farm-out/shell-has-no-intention-of-making-an-offer-for-bp/) - By Macson Obojemuinmoin UK major Shell Plc says that, contrary to recent media speculation, it “has not been actively considering making an offer for BP”. The company also “confirms it has not made an approach to, and no talks have taken place with, BP with regards to a possible offer”. Shell says that its press - [Lacustrine Energy’s Alex Tarka: “We are Everywhere, from Geoscience Studies to CNG Logistics”](https://africaoilgasreport.com/2025/06/in-the-news/lacustrine-energys-alex-tarka-we-are-everywhere-from-geoscience-studies-to-cng-logistics/) - Lacustrine Energy is an Oil& Gas Services provider in the Upstream, Midstream & Downstream sectors, founded by two Nigerian geologists, Alex Tarka and Ardo Ahmed Muhammed. In the 25 months since it was set up, the company has had a full order book; consulting for Quality Control and Quality Assurance (QC&QA) on a three dimensional - [Beyond the Vortex—A Broader Perspective on NNPC’s Refinery Challenges](https://africaoilgasreport.com/2025/06/refining-gap/beyond-the-vortex-a-broader-perspective-on-nnpcs-refinery-challenges/) - By Ehimario Igumbor I read with interest Dimeji Bassir’s recent article, “Why are NNPC Owned Refineries Stuck in a Vortex of Failures?” published in Africa Oil+Gas Report. The author presents a sobering, data-driven analysis of the chronic underperformance of Nigeria’s state-owned refineries. I appreciate the attention to transparency, accountability, and technical rigor. However, I believe - [With Oza Back On Stream, Wade Cherwayko Returns to Nigerian Activity](https://africaoilgasreport.com/2022/08/farm-in-farm-out/with-oza-back-onstream-wade-cherwayko-returns-to-nigerian-activity/) - The report of the revamped production on the Oza field, onshore eastern Nigeria, effectively announces the return of Wade Cherwaycko to the country’s oilfield activity. Cherwayko is the spine behind Decklar Resources, the Toronto listed firm which has taken control of three marginal fields in Nigeria in the last three years. The Oza field was - [Meeting the Challenge of Gas as Africa’s Transition Fuel](https://africaoilgasreport.com/2025/06/gas-monetization/meeting-the-challenge-of-gas-as-africas-transition-fuel/) - Africa is currently locked with the global energy system in an intense debate about what role its vast gas resources should play in the global energy transition. Beyond that is the wider question about what comes first – development or transition? The West-led industrialized world is leading the argument that, with the risk of irreversible - [Major Marketers Caution against “Unchecked Dominance”, as Dangote Moves towards Free Delivery of Petroleum Products](https://africaoilgasreport.com/2025/06/downstream/downstream-retail/major-marketers-caution-against-unchecked-dominance-as-dangote-moves-towards-free-delivery-of-petroleum-products/) - By Oluwatobi Odeyinka, Senior Reporter The Major Energies Marketers Association of Nigeria (MEMAN) has cautioned against anti-competitive behaviour in Nigeria’s energy market, warning of the risks it poses for the growth of the market and the economic growth of the country. MEMAN is an influential downstream energy (principally petroleum products) industry association. Clement Isong, the - [Norwegian Player Closes the Financing for 1,000MW Hybrid Solar and Battery Project in Egypt](https://africaoilgasreport.com/2025/06/energy-transition/norwegian-player-closes-the-financing-for-1000mw-hybrid-solar-and-battery-project-in-egypt/) - Oslo based Scatec ASA has reached financial close for the 1.1GW solar + 100MW/200MWh BESS project in Egypt. The hybrid solar and battery storage project is christened the “Obelisk”, after the tall, slender, four sided tapered monument with a pyramidal top that is a key landmark of Ancient Egypt. The first of the two phase - [Etu Retreats, Afentra Advances, in Angolan Production](https://africaoilgasreport.com/2025/06/farm-in-farm-out/etu-retreats-afentra-advances-in-angolan-block/) - By Toyin Akinosho Angola’s largest homegrown E&P firm, Etu Energias, has sold its 10% stake in Block 3/05 and 13.34% in Block 3/05A, in the shallow waters of the country’s Lower Congo Basin. Afentra, the London listed minnow, and Maurel et Prom (M&P), the Paris based player, are each buying 50% of those stakes. Effectively, - [Why are NNPC owned Refineries stuck in a vortex of failures?](https://africaoilgasreport.com/2025/06/refining-gap/why-are-nnpc-owned-refineries-stuck-in-a-vortex-of-failures/) - Transparency seems to be replacing obfuscation at NNPC following the recent leadership change — a move driven by a bold reform agenda from Nigeria’s President. The new team certainly has their work cut out for them, and NNPC could not be in more experienced hands. The incoming Group CEO, a highly respected upstream professional, has - [Oil, Optimism, and Opportunity in ‘Calgary 2025’](https://africaoilgasreport.com/2025/06/in-the-news/oil-optimism-and-opportunity-in-calgary-2025/) - The Global Energy Show – one of world’s largest energy-focused conferences – was held in Calgary, Canada from June 9 to June 11, 2025. More than 30,000 people from 100 countries descended on the heart of Canada’s oil industry. The event featured more than 350 speakers, including energy industry CEOs, leaders from the private sector - [Nigeria’s President Tinubu to Bring Bold Energy Reforms to AEW 2025 Stage](https://africaoilgasreport.com/2025/06/partner-content/nigerias-president-tinubu-to-bring-bold-energy-reforms-to-aew-2025-stage/) - PARTNER CONTENT African Energy Week (AEW) 2025 is proud to announce that Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, will address delegates at Africa’s premier energy event in Cape Town. President Tinubu’s participation comes as Nigeria undergoes one of the most ambitious reform drives in its oil, gas and broader energy sectors - [Oil Prices unlikely to break $80/barrel, Despite Escalating Mideast Crisis - Rystad Energy](https://africaoilgasreport.com/2025/06/in-the-news/oil-prices-unlikely-to-break-80-barrel-despite-escalating-mideast-crisis-rystad-energy/) - By Elliot Busby Markets are scrambling to reassess the impact of the intensifying Israel-Iran conflict, with civilian and energy sites coming under attack and a mounting human toll. Here is Rystad Energy’s breaking news market update: “How the unfolding military and humanitarian crisis between Israel and Iran evolves hinges on the responses of the US, - [Perenco’s New Offshore Project Aims to Push Congo Towards 500,000BOEPD by 2030](https://africaoilgasreport.com/2025/06/in-the-news/perencos-new-offshore-project-aims-to-push-congo-towards-500000boepd-by-2030/) - By Oluwatobi Odeyinka, Senior Reporter Anglo-French E&P independent, Perenco, is building a new offshore oil and gas platform as part of a major investment to boost hydrocarbon production in the republic of Congo (Congo Brazzaville). The project, christened Kombi 2, currently under construction at the Nieuwdorp shipyard in the Netherlands, is primarily meant to unlock - [NNPC eyes FIDs for Ntokon Field, Brass Fertilizer, Others by Q4 2025](https://africaoilgasreport.com/2025/06/in-the-news/nnpc-eyes-fids-for-ntokon-field-brass-fertilizer-others-by-q4-2025/) - NNPC Ltd, the Nigerian state hydrocarbon firm, has reported that it expects to take final investment decisions (FIDs) on five projects, ranging from natural gas development projects to crude oil output expansion as well as a “financial close” on the Brass fertiliser plant, by the final quarter of 2025. NNPC placed the development of the - [Squeezing The Lemon: Technology as an enabler of Oil Production Growth in the Niger Delta](https://africaoilgasreport.com/2025/06/in-the-news/squeezing-the-lemon-technology-as-an-enabler-of-oil-production-growth-in-the-niger-delta/) - Abstract Mature assets by definition are oil and gas fields that have been producing for upwards of twenty-five years. Thus, the Niger Delta Basin is considered a mature oil and gas producing region, one with an abundance of highly prolific hydrocarbon discoveries which includes several undeveloped prospects. Mature assets present a distinct mix of challenges - [Cameroon’s Thali oil block Drilling Delay to end in 10th Year](https://africaoilgasreport.com/2025/06/oil-patch-sub-sahara/cameroons-thali-oil-block-drilling-delay-to-end-in-10th-year/) - Cameroon’s near-decade-long wait for drilling in its Thali licence is set to end later this year, following the award of a rig contract by the operator, UK-listed exploration company Tower Resources. Tower Resources said it has now awarded a contract for a rig to drill the NJOM-3 well in Thali to Saudi services company ADES, - [He Looked Around the Hallway at Chevron, He knew It ‘Could Never Be’ a Level Playing Field](https://africaoilgasreport.com/2025/06/petroleum-people/he-looked-around-the-hallway-at-chevron-he-knew-it-could-never-be-a-level-playing-field/) - By Toyin Akinosho Kenny Ladipo’s father asked him “What the hell is geology all about”? And he did not have an answer, he told me, “except that my uncle, brother Johnson Ladipo, was one of the first set of geology students at the University of Ibadan. But he died in his second year, and that - [PetroSA was incompetent; its predecessor, Soekor, was a performer and now…SANPC-the New South African Hydrocarbon Firm](https://africaoilgasreport.com/2025/06/in-the-news/petrosa-was-incompetent-its-predecessor-soekor-was-a-performer-and-nowsanpc-the-new-south-african-hydrocarbon-firm/) - By Marshal Gungubele The South African National Petroleum Company (SANPC), the country’s new state hydrocarbon firm, is the second rebirth of the entity known as Soekor, (Southern Oil Exploration Corporation (Pty) Ltd), a creation of Apartheid apparatchiks, established in 1965. The new company has been formed through the merger of three Central Energy Fund (CEF) - [The People Are the Technology/Our Latest Issue, Number 5, 2025](https://africaoilgasreport.com/2025/06/in-the-news/the-people-are-the-technology-our-latest-issue-number-5-2025/) - Our cover stories have rarely been about people, let alone individuals. Although cover photos are frequently picked to reflect the theme of the edition, the individual whose picture is on the cover almost, always, runs a company whose raison d'être ties to the theme on the cover. Even then, the story is hardly about him. - [The Future of Energy: AI, Blockchain & the Digital Revolution](https://africaoilgasreport.com/2025/06/others/paid-post/the-future-of-energy-ai-blockchain-the-digital-revolution/) - SPONSORED POST The Energy Axis is convening a web conference to explore the tools, trends, and ideas shaping the next chapter in energy. A four-person panel will examine ‘digitization in oil and gas: AI, Blockchain & Beyond’ on Thursday June 12, 2025. “What if the next big opportunity in oil & gas isn’t underground, but - [Petrobras pushes ahead with African return](https://africaoilgasreport.com/2025/06/farm-in-farm-out/petrobras-pushes-ahead-with-african-return/) - Brazil’s state-controlled Petrobras has advanced talks for its entry into nine oil blocks in Côte d'Ivoire. This latest development follows the recent signing of agreements with Angola, progress in talks with Nigeria and plans to drill offshore Sao Tome and Principe and offshore South Africa later this year. Petrobras said that it received an official - [Risks and Rewards: The folly of the drilling fraternity!](https://africaoilgasreport.com/2025/06/in-the-news/risks-and-rewards-the-folly-of-the-drilling-fraternity/) - What potential risks and rewards lie ahead for the drilling fraternity in a period of falling oil prices and thedemand for more oil and gas exploration? More exploration also means more drilling. What is the status of the deepwater fleet which will be tasked with the deepwater drilling in the next 3-5 years. Much of - [Ghana Seemingly Avoids Apocalyptic Blackout](https://africaoilgasreport.com/2025/06/power-deficit/ghana-seemingly-avoids-apocalyptic-blackout/) - Ghana’s energy minister John Jinapor said the country imported a 450,000-Barrel cargo of light crude oil on May 19, 2025, just in time to replenish the stock of fuel on which the country relies for power generation. He told parliament on 16 May that the country had only 2.6 days of supply left. ”The vessel - [Invitation For Expression of Interest in the Engineering, Procurement, Installation & Commissioning (EPIC) of a 6” Oil Pipeline](https://africaoilgasreport.com/2025/05/tenders/invitation-for-expression-of-interest-in-the-engineering-procurement-installation-commissioning-epic-of-a-6-oil-pipeline/) - NCDMB CERTIFICATION NUMBER: ES/NCDMB/IPP/ARADEL-DA-100035/210525/ ENGINEERING, PROCUREMENT, INSTALLATION & COMMISSIONING (EPIC) OF A 6” OIL PIPELINE INTRODUCTION Aradel Energy Limited (www.aradel.com) operator of the Ogbele, Omerelu, Olo and Olo West Marginal Fields invites interested companies with relevant project experience, to make a submission of an expression of interest in the execution of a contract for Engineering, - [TOTAL drops out of Shell's Bonga Expansion, with a  Lot of Options](https://africaoilgasreport.com/2025/05/farm-in-farm-out/total-drops-out-of-shells-bonga-expansion-with-a-lot-of-options/) - French major TOTAL has announced that it is opting out of Bonga field and its satellites, Nigeria’s flagship deepwater assets. The Paris based firm reported the sale of its 12.5% in Oil Mining Lease (OML) 118 to Shell, the UK giant, for $510Million. The decision by TOTAL to sell is a bold and consequential move, - [Deepwater: Côte d'Ivoire is Not Namibia, But what’s the Difference?](https://africaoilgasreport.com/2025/05/oil-patch-sub-sahara/deepwater-cote-divoire-is-not-namibia-so-whats-the-difference/) - By Toyin Akinosho Côte d'Ivoire has not attracted the level of upstream exploration activity comparable with Namibia’s, despite the fact that large, basin-opening, deepwater discoveries were made in the two countries around the same time. True, the Italian explorer, ENI, has been increasing production in Côte d'Ivoire’s large Baleine field in the last 18 months, - [South Africa to Showcase Orange Basin Investment Opportunities at AOW:Energy 2025](https://africaoilgasreport.com/2025/05/events/south-africa-to-showcase-orange-basin-investment-opportunities-at-aowenergy-2025/) - SPONSORED We are pleased to announce that the Republic of South Africa, through the Petroleum Agency South Africa (PASA), will be showcasing a premier portfolio of offshore and onshore oil and gas opportunities, with a special focus on the highly prospective Orange Basin, at AOW:Energy 2025, taking place from 15–18 September in Accra, Ghana. READ - [Aradel Encounters Four New reservoirs in Ogbele 16, Estimates 120BCF and 22MMbls of Liquids](https://africaoilgasreport.com/2025/05/in-the-news/aradel-encounters-four-new-reservoirs-in-ogbele-16-estimates-120bcf-and-22mmbls-of-liquids/) - Aradel has encountered four new hydrocarbon filled reservoirs in its Ogbele field. The company is still evaluating the results and hydrocarbon auditing still has to happen, but the preliminary estimates are that the natural gas volumes encountered could be up to 120Billion cubic feet, while the liquid hydrocarbon (which is condensate), could be up to - [Sahara Group Opens Applications for Graduate Upstream Graduate Engineer Programme](https://africaoilgasreport.com/2025/05/petroleum-people/sahara-group-opens-applications-for-graduate-upstream-graduate-engineer-programme/) - Nigeria based Sahara Group has opened applications for its Sahara Upstream Graduate Engineer Programme (SUGEP), aimed at growing talent for the industry. This year’s application process commenced on May 23, 2025, and closes on June 6, 2025. The programme is open to recent graduates with degrees in Petroleum, Mechanical, Chemical Engineering or Geosciences. The integrated - [Elektron Moves to construct a 30MW gas- fired power plant for a Disco in Lagos](https://africaoilgasreport.com/2025/05/power-deficit/elektron-moves-to-construct-a-30mw-gas-fired-power-plant-for-a-disco-in-lagos/) - Victoria Island Power Ltd. (VIPL), the special purpose company incorporated by Lagos-based Elektron Energy, has contracted the construction of a 30MW gas fired power plant to Wärtsilä, the Finnish technology group, The power plant running on natural gas will be embedded within the Eko Electricity Distribution Company (EKEDC) at their NEPA Close Site and has - [TOTAL Led Angolan Solar Plant to Switch On by June 2026](https://africaoilgasreport.com/2025/05/energy-transition/total-led-angolan-solar-plant-to-switch-on-by-june-2026/) - By Agostino Barros, in Luanda Quilemba Solar Lda, has begun construction work on the Quilemba photovoltaic power plant, located near Lubango in southern Angola. The power developer is a joint venture between TOTALEnergies (51%), Sonangol (30%) and Maurel & Prom (19%), The Quilemba photovoltaic power plant, with an initial capacity of 35 MWp and the - [Four People in Severe Condition as Chevron, Angolan Regulator, Investigate Fire Incident](https://africaoilgasreport.com/2025/05/in-the-news/four-people-in-severe-condition-as-chevron-angolan-regulator-investigate-fire-incident/) - By Macson Obojemuinmoin, in Pretoria Angola’s Upstream Petroleum regulator, the National Agency for Petroleum, Gas and Biofuels (ANPG) has reported a fire outbreak on the basement deck of Chevron operated Benguela Belize Lobito Tomboco (BBLT) deepwater platform, located in Block 14, offshore Cabinda. Seventeen individuals were injured in the incident, four of whom were seriously - [BW Offshore Hands Over BW Adolo Operations to BW Energy Gabon](https://africaoilgasreport.com/2025/05/in-the-news/bw-offshore-hands-over-bw-adolo-operations-to-bw-energy-gabon/) - BW Offshore Limited, the oil service firm, has handed over the operations and maintenance (O&M) of the FPSO BW Adolo to BW Energy Gabon, the Gabonese subsidiary of ’BW Energy Limited All the three firms are subsidiaries of the Singapore and Oslo based based BW Group, a maritime company involved in shipping, oil & gas production - [Bell Oil & Gas Now Assembles Valves, OCTG in Lekki Free Zone](https://africaoilgasreport.com/2025/05/in-the-news/bell-oil-gas-now-assembles-valves-octg-in-lekki-free-zone/) - Bell Oil & Gas, a Nigerian Oil&Gas Service firm, has established a 15,000-square-metre facility in the Lekki Free Zone in the east of Lagos, the country’s commercial hub. The facility is focused on manufacturing, assembly, maintenance, testing and painting of valves, as well as OCTG [oil country tubular goods], pipe threading and machining. The facility - [Agogo Arrives: Angola Close to injecting Additional 175,000BPD](https://africaoilgasreport.com/2025/05/in-the-news/agogo-arrives-angola-close-to-injecting-additional-175000bpd/) - Angola is close to increasing its crude oil output by as much as 175,000Barrels of Oil Per Day. The floating production, storage and offloading vessel (FPSO) Agogo arrived the country’s waters on May 16, 2025. It is expected to take at most six months to hook up the reservoirs to the production facility, so this - [Nigerian Rig Activity Steps Up; Angola’s Remains Flat](https://africaoilgasreport.com/2025/05/oil-patch-sub-sahara/nigerian-rig-activity-steps-up-angolas-remains-flat/) - By Fred Akanni Thirty Five rigs were performing both drilling and completion activities in as many wells in Nigeria’s Niger Delta and the Benue Trough in March 2025. It was a high mark in the country's drilling activity in the last 10 years. Throughout 2017, for example, rig activity numbers were no more than 22. - [NOG Energy Week 2025 To Convene Global Energy Leaders In Nigeria To Advance Investment, Innovation, And Energy Security](https://africaoilgasreport.com/2025/05/partner-content/nog-energy-week-2025-to-convene-global-energy-leaders-in-nigeria-to-advance-investment-innovation-and-energy-security/) - PARTNER CONTENT May 2025, Lagos, Nigeria – The 24th NOG Energy Week, themed ‘Accelerating Global Energy Progress Through Investment, Partnerships & Innovation’, is scheduled from 29 June - 3 July 2025, at the Abuja International Conference Centre (ICC) in Nigeria. As the largest energy gathering in Sub-Saharan Africa, NOG Energy Week will bring together over - [Prefects of the Patch: NAPE AT 50](https://africaoilgasreport.com/2025/05/in-the-news/prefects-of-the-patch-nape-at-50/) - By Moses Akin Aremu How a group of earth scientists became the key, informal, policy think-tank for the Nigerian oil industry. This is the story From the podium in the banquet hall of L’Hotel Eko Meridien, a whistling distance from the edge of the Atlantic in the east of Lagos, a passionate appeal went out - [East Africa’s Geothermal Energy: Politics of  illusions, opportunities, and optimism](https://africaoilgasreport.com/2025/05/energy-transition/east-africas-geothermal-energy-politics-of-illusions-opportunities-and-optimism/) - Africa’s geothermal roadmap is largely focused on the East African Rift Valley (EARV) — a geological structure running approximately 6,000 kilometers from Eritrea to Mozambique—providing the continent with unique energy opportunities. Yet illusions, opportunities, and optimism are often difficult to discern. Can you have the one without falling prey to the other? Who can argue - [BY THE BOOK/ The Plot to Kill Seplat at Birth](https://africaoilgasreport.com/2025/05/farm-in-farm-out/by-the-book-the-plot-to-kill-seplat-at-birth/) - On May 1, 2010, the first board of directors of Seplat Energy was inaugurated. The Oil Mining Leases (OMLs) 4, 38 and 41, which were purchased from Shell, TOTAL &ENI, were handed over to the (then) new company on July 29, 2010, after the consent of the minister of Petroleum had been granted. 15 years - [GEIL Delivers a $400Million First Phase of a Three Million Barrel Onshore Terminal](https://africaoilgasreport.com/2025/05/in-the-news/geil-delivers-a-400million-first-phase-of-a-three-million-barrel-onshore-terminal/) - Green Energy International Limited (GEIL) has delivered an onshore terminal and associated export infrastructure with, initial 750,000Barrels of Oil storage capacity (expandable to 3Million barrels), complete with 360,000Barrels per day pumping capacity for loading export tankers. It’s the first onshore in Nigeria in over 50 years, the first to be constructed by an indigenous operator. - [As Nigerian Crude Output Inches Back Up, its Deepwater Fields Drop to 25% of the Total](https://africaoilgasreport.com/2025/05/in-the-news/as-nigerian-crude-output-inches-back-up-its-deepwater-fields-drop-to-25-of-the-total/) - By Macson Obojemuinmoin Crude and condensate output from Nigeria’s seven deepwater fields dropped to 428,000Barrels Per Day, in April 2025, from 448, 478BPD in March 2025, according to the latest release by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The deepwater output amounted to 25.4% of 1, 683, 307Barrels of crude and condensate per day - [Africa Returns to the Top of the Global Deepwater Drilling Agenda](https://africaoilgasreport.com/2025/05/oil-patch-sub-sahara/africa-returns-to-the-top-of-global-deepwater-drilling-agenda/) - By Toyin Akinosho in Lagos Two of the world’s largest deepwater drillers are seeing a progress to higher deepwater rig utilisation between now and 2029, with Africa, in particular, playing strongly in the rebound. Ghana and Côte d'Ivoire are expected to welcome a deepwater rig each between the fourth quarter of 2025 and first quarter - [Operators’ Poor Compliance with Greenhouse Gas Emissions Puts Nigerian regulator in a bind](https://africaoilgasreport.com/2025/05/in-the-news/operators-poor-compliance-with-greenhouse-gas-emissions-puts-nigerian-regulator-in-a-bind/) - A review by Adeniyi Adeoloye A disproportionately large number of companies operating oilfields in Nigeria have essentially ignored the greenhouse gas management guidelines instructed by the country’s Upstream Petroleum Regulatory Commission (NUPRC). “15 companies have greenhouse gas emission reporting in place, while 47 companies reported not having”, according to the latest report of Nigerian Extractive - [ARADEL’s PMS (Gasoline) Plant Will Come on Stream in May 2026](https://africaoilgasreport.com/2025/05/refining-gap/aradels-pms-gasoline-plant-will-come-on-stream-in-may-2026/) - The 3,000Barrels Per Day Gasoline production Train in Aradel plc’s 11,000Barrel Per Stream Day Refinery in Ogbele in eastern Nigeria, has been mechanically completed, but it will take another 12- months before the first product will reach the market. “The commissioning has started, but it will run until about May 2026”, Gbite Falade, Aradel’s Chief - [With $3 Billion Revolving Facility, Afreximbank Seeks to implement its “Gulf of Guinea as refining Hub” Project](https://africaoilgasreport.com/2025/05/refining-gap/with-3-billion-revolving-facility-afreximbank-seeks-to-implement-its-gulf-of-guinea-as-refining-hub-project/) - By Marshal Gungubele, in Abidjan African Export-Import Bank has launched a $3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products by African and Caribbean oil buyers. The financing is to stimulate demand of petroleum products by African countries with no crude oil development and/or refining capacity, from African - [Putting together an Energy Roadmap for the Kingdom of Small](https://africaoilgasreport.com/2025/05/in-the-news/putting-together-an-energy-roadmap-for-the-kingdom-of-small/) - An Open Letters to Africa’s Indies Africa’s independents are moving out of the shadows and becoming the continent’s new E+P brand. Not the production and scale of the oil majors but a series of smaller companies who can potentially provide African countries a stable source of hydrocarbons and provide the various countries a stable source - [Declining NDWestern Gas Supply to Be Boosted by Renaissance’s ‘West Hub’ Plan](https://africaoilgasreport.com/2025/05/in-the-news/declining-ndwestern-gas-supply-to-be-boosted-by-renaissances-west-hub-plan/) - By Macson Obojemuinmoin New comer Renaissance Africa Energy Company has identified NDWestern as a key working partner in its plan to bolster natural gas production in the so called “West Domgas Hub”, onshore Niger Delta. The company hopes to pump up the supply to the domestic gas market to as high as 1.5 Billion standard - [‘We will deploy Technology to Benefit the Poor Who Can’t Afford the Market Price for Electricity’](https://africaoilgasreport.com/2025/05/in-the-news/we-will-deploy-technology-to-benefit-the-poor-who-cant-afford-the-market-price-for-electricity/) - In the first part of a wide ranging interview, Olu Verheijen, Special Adviser to Nigeria’s President Bola Ahmed Tinubu on Energy, spoke mostly around the widely praised incentives which have led to new upstream investments in the country’s oil and gas industry. The second and concluding part focuses on the deep, endemic, energy poverty in - [‘We've ended the Drought of Investments’- Olu Verheijen](https://africaoilgasreport.com/2025/05/in-the-news/weve-ended-the-drought-of-investments-olu-verheijen/) - As Special Adviser to President Bola Ahmed Tinubu on Energy, Olu Verheijen superintends the engine room that crafts the energy policies for the Nigerian head of state. Her office is staffed with high quality human resources who research policy alternatives and advise on optimum outcomes. Africa Oil+Gas Report’s reporting has tracked, to Verheijen’s office, the - [Expression of Interest to provide Drill Bits (DB) Equipment and Services for the Upstream portion of the Mozambique Rovuma Project offshore Area 4](https://africaoilgasreport.com/2025/05/tenders/expression-of-interest-to-provide-drill-bits-db-equipment-and-services-for-the-upstream-portion-of-the-mozambique-rovuma-project-offshore-area-4/) - The Mozambique Rovuma Venture SpA invites qualified Contractors to submit their Expression of Interest to provide Drill Bits (DB) Equipment and Services for the Upstream portion of the Mozambique Rovuma Project offshore Area 4. The scope includes pro. The project location is Mozambique and the tender is closing on 09 May 2025. The tender notice - [Programme Manager (Transmission) - One(1) Year contract](https://africaoilgasreport.com/2025/05/vacancies/programme-manager-transmission-one1-year-contract/) - South Africa's Independent Power Procurement (IPP) Office is looking for exceptional talent! We’re hiring a Programme Manager (Transmission) in Centurion, Pretoria. If you want to join a dynamic team committed to integrity and excellence—working alongside the private sector to deliver long-term public value—this is your opportunity. Apply today or share this with your network! Closing - [Nigeria Bans Waivers for Imported Threaded Pipes, as Local Manufacture Expands](https://africaoilgasreport.com/2025/04/in-the-news/nigeria-bans-waivers-for-imported-threaded-pipes-as-local-manufacture-expands/) - Heineken Lokpobiri, the Nigerian senator who is a deputy Minister of State for Petroleum Resources has announced a ban on the issuance of waivers for the importation of threaded pipes for use in the country’s oil and gas industry. He handed the directive to the Nigerian Content Development and Monitoring Board (NCDMB) at the commissioning - [Nicolas Foucart Talks Up Massive Output Increase for 'NPDC'. Can He Do It?](https://africaoilgasreport.com/2025/04/petroleum-people/nicholas-foucart-talks-up-massive-output-increase-for-npdc-can-he-do-it/) - Nicolas Foucart, the Belgian citizen who is Managing Director of NNPC E&P Ltd (formerly NPDC), is talking up the possibility of growing the company’s gross output by 170,000Barrels Per Day of oil and condensate in three to four years, but can he do it? It is the first time a Non Nigeran is holding the - [Egyptians Slammed with another Increase in PMS, Diesel & LPG Prices](https://africaoilgasreport.com/2025/04/downstream/downstream-retail/egyptians-slammed-with-another-increase-in-pms-diesel-lpg-prices/) - By Bothumelo Gigaba, in Cairo The Egyptian government has increased fuel prices again, the fourth time in 12 months, as part of the plan to move energy prices to cost recovery levels by the end of 2025. Three fuel price increases were made in 2024, the last being in October 2024, when prices went up - [Indies Have a New Spring in Their Steps/Our Latest Issue No. 3, 2025](https://africaoilgasreport.com/2025/04/in-the-news/indies-have-a-new-spring-in-their-steps-our-latest-issue-no-3-2025/) - There has been a major overhaul of the fortunes of the ‘western listed’/foreign independents operating in Africa in the last one year. Tullow Oil, which once led the pack, is on the retreat. London based Savannah failed to make the leap to a multi-jurisdictional player with working interest production in excess of 50,000Barres of Oil - [Libya to Present its First Bid Round Roadshow in Istanbul](https://africaoilgasreport.com/2025/04/farm-in-farm-out/libya-to-present-its-first-bid-round-roadshow-in-istanbul/) - The National Oil Corporation (NOC) of Libya is presenting the country’s Bid Round Roadshow in Istanbul, Türkiye on April 17 2025. The event is described by the state hydrocarbon company as “offering an exclusive first look” at the country’s first Licensing sale in 17 years. “This high-level gathering provides a unique opportunity for investors, energy - [Nigeria Plans to Establish a Data and Computing Park on the Site of a Power Plant](https://africaoilgasreport.com/2025/04/power-deficit/nigeria-plans-to-establish-a-data-and-computing-park-on-the-site-of-a-power-plant/) - The Nigerian government is exploring the establishment of a National Data Park and Computing Infrastructure at Egbin Power Plant, a facility run by the Sahara Group, a top African home-grown energy provider. The project aims to harness data sovereignty and cybersecurity for accelerated economic growth, according to a statement by Sahahar Group’s spokesperson, Bethel Obioma - [Mozambique Approves ENI’s $7Billion Plan for Second FLNG](https://africaoilgasreport.com/2025/04/gas-monetization/mozambique-approves-enis-7billion-plan-for-second-flng/) - The government of Mozambique has approved ENI’s plan to invest $7.2Billion on the Coral Norte Floating LNG project, an exact replica of the Coral Sul FLNG facility that exported its first cargo in late 2022. Coral Norte will drain reserves in the north of Coral field, just as the Coral Sul has drained reserves in - [African Lenders Lead the First Financing Tranche for Uganda/Tanzania Crude Oil Pipeline (EACOP)](https://africaoilgasreport.com/2025/04/in-the-news/african-lenders-lead-the-first-financing-tranche-for-uganda-tanzania-crude-oil-pipeline-eacop/) - EACOP Ltd., the company responsible for the construction and future operation of the East African Crude Oil Pipeline (EACOP), has successfully closed the first tranche of external financing. With an estimated total cost of $5Billion, the 1,443 kilometre facility from Kabaale in Uganda to Tanga in Tanzania, was initially funded through equity contributions from its - [AEW 2025 Program Launches, Highlighting African Energy Security and Global Investment Opportunities](https://africaoilgasreport.com/2025/04/events/aew-2025-program-launches-highlighting-african-energy-security-and-global-investment-opportunities/) - PARTNER CONTENT The African Energy Week (AEW): Invest in African Energies conference has officially launched its 2025 program, covering strategic topics from upstream oil and gas to downstream infrastructure and distribution to the energy transition, power industry, energy finance and more. The program offers insight into what this year’s edition will offer, as industry leaders, - [NAMCOR Appoints Victoria Sibeya, the Third Acting MD in Two Years](https://africaoilgasreport.com/2025/04/petroleum-people/namcor-appoints-victoria-sibeya-the-third-acting-md-in-two-years/) - The Namibian geologist Victoria Sibeya has been appointed Acting Managing Director of the National Petroleum Corporation of Namibia (NAMCOR). She succeeds Ebson Uanguta, who, after more than a year at NAMCOR, returns to his position at the Bank of Namibia. The NAMCOR Board of Directors has given Sibeya responsibility “for guiding the company throughout this - [Unlocking Africa’s Energy Potential: A Critical Year for Upstream Licensing Rounds](https://africaoilgasreport.com/2025/04/partner-content/unlocking-africas-energy-potential-a-critical-year-for-upstream-licensing-rounds/) - PARTNER CONTENT The Invest in African Energy 2025 Forum in Paris will showcase Africa’s key upstream licensing opportunities, offering investors exclusive access to critical data and insights, alongside a comprehensive Licensing Rounds Report to guide strategic decision-making. With a multitude of licensing rounds set to unfold across the continent in 2025, now is the time - [Nigeria’s Minister of State for Petroleum Resources (Gas) to Speak at IAE 2025 ](https://africaoilgasreport.com/2025/04/events/press-release-partner-content-nigerias-minister-of-state-for-petroleum-resources-gas-to-speak-at-iae-2025/) - PRESS RELEASE/PARTNER CONTENT Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, will take the stage at the Invest in African Energy (IAE) Forum in Paris this May, offering insights into Nigeria’s strategy to leverage its natural gas resources for long-term development. As a key decision-maker shaping Nigeria’s gas policies, Minister Ekpo’s participation will - [Will Axing Board Chairman Helge Lund Appease BP’s Disgruntled Shareholders?](https://africaoilgasreport.com/2025/04/in-the-news/will-axing-board-chairman-helge-lund-appease-bps-disgruntled-shareholders/) - The announced departure of Helge Lund, Chairman of BP, is the latest indication that the company has madea complete U-turn, fully embracing its search for hydrocarbons and leaving behind its renewables legacy. A key reason for BP’s strategic re-think can be attributed to Elliot Investment Management, the US hedge fund which has taken nearly a - [NNPC’s Last Chance: The Rough Road Ahead for Bayo Ojulari](https://africaoilgasreport.com/2025/04/in-the-news/nnpcs-last-chance-the-rough-road-ahead-for-bayo-ojulari/) - On Wednesday, April 9, 2025, it will be one week since President Bola Ahmed Tinubu sent seismic shockwaves through Nigeria’s oil and gas industry with a decisive shake-up at the Nigerian National Petroleum Company Limited (NNPC Ltd). The announcement triggered boardroom reshuffles and a clear-out at the top management level. The impact was immediate—and national. - [TOTAL Closes Acquisition of Stakes in Uganda’s Largest Hydropower Plant](https://africaoilgasreport.com/2025/04/power-deficit/total-closes-acquisition-of-stakes-in-ugandas-largest-hydropower-plant/) - French major TOTALEnergies has reported closing the acquisition of SN Power and is pursuing the implementation of its multi-energy strategy, particularly in Uganda. This is the consummation of the agreement signed in July 2024 between TOTALEnergies and Scatec, a Norwegian renewable energy company, to acquire 100% of its subsidiary SN Power, which holds interests in - [GEIL Starts Commissioning 750,000 Barrel Terminal, Receives Approval to Inject Hydrocarbon](https://africaoilgasreport.com/2025/04/refining-gap/geil-starts-commissioning-750000-barrel-terminal-gets-licence-to-inject-hydrocarbon/) - The 750,000Barrel Crude Oil Capacity Onshore Terminal under construction by the Nigerian independent Green Energy International (GEIL), has been mechanically completed and is in the process of commissioning. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) approved the introduction of crude into the facility, located in Otakikpo, eastern Nigeria. The regulator dispatched four letters to the - [President Tinubu Reshuffles NNPCL: Ojulari Takes the Helm, Kida Named Chairman](https://africaoilgasreport.com/2025/04/petroleum-people/president-tinubu-reshuffles-nnpcl-ojulari-takes-the-helm-kida-named-chairman/) - By Lukman Abolade Nigerian President Bola Tinubu has appointed Bashir Bayo Ojulari as the new Group Managing Director (GMD) of the Nigerian National Petroleum Company Limited (NNPCL), replacing Mele Kyari after over five-year tenure. This announcement was made in a statement released early Wednesday by the President’s Special Adviser on Information & Strategy, Bayo Onanuga. - [THE BACK STORY/ Why Nigeria Created Four Energy Research Centres and Why They Atrophied](https://africaoilgasreport.com/2025/04/energy-transition/the-back-story-why-nigeria-created-four-energy-research-centres-and-why-they-atrophied/) - The Africa Oil+Gas Report(AOGR) took a few cut-aways from a recent interview with Anthony Adegbulugbe, the Nigerian Professor of Energy management and planning, former Special Assistant on Energy Matters to President Olusegun Obasanjo and currently Chief Executive Officer (CEO) of Green Energy International Limiited (GEIL), a Nigerian E&P independent. The following excerpt, steps out of - [“Very Little Investment Chasing LPG, whereas, Close to $700Million is Coming for CNG”, Tinubu’s Adviser Says](https://africaoilgasreport.com/2025/03/downstream-gas/very-little-investment-chasing-lpg-whereas-close-to-700million-is-coming-for-cng-tinubus-adviser-says/) - Olu Verheijen, Special Adviser to the Nigerian President on Energy, says that her office has recognized the relatively low uptake of opportunities the government has afforded investors in the Liquefied Petroleum Gas (LPG) Business, compared with the enthusiasm for Compressed Natural Gas (CNG). “We see a lot of investment for CNG or people taking advantage - [Menkiti Leaves Sahara for Pillar](https://africaoilgasreport.com/2025/03/petroleum-people/menkiti-leaves-sahara-for-pillar/) - Henry Menkiti, the Schlumberger veteran who was appointed by the Sahara Group in 2020 to lead its upstream E&P expansion, has left the group. The 58 year old has berthed at Pillar Oil, the Nigerian independent operator of Umuseti field, located in the western Niger Delta. He takes the CEO job from Spencer Onosode, who - [Uganda Signs an 'Implementation Agreement' with Emiratis on Refinery Project](https://africaoilgasreport.com/2025/03/refining-gap/uganda-signs-a-more-concrete-agreement-with-emiratis-on-refinery-project/) - The Ugandan government has now signed an Implementation agreement with UAE investment firm, Alpha MBM Investments LLC, which increases the certainty of construction of the long stalled 60,000-barrel-per-day crude oil refinery than any previous transaction. It is the culmination of a 15 month long negotiations, commencing on January 16, 2024, on key commercial terms with - [Scatec signs 25-year PPA in Tunisia for a 120 MW solar plant](https://africaoilgasreport.com/2025/03/energy-transition/scatec-signs-25-year-ppa-in-tunisia-for-a-120-mw-solar-plant/) - The energy provider is still looking for most of the money The Norwegian renewable energy producer, Scatec ASA, has signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz (STEG) for another 120 MW solar power plant (Sidi Bouzid II) in Tunisia. The PPA was awarded in - [Tullow Agrees to Sell Gabonese Assets to State Firm for $300Million](https://africaoilgasreport.com/2025/03/farm-in-farm-out/tullow-tentatively-agrees-to-sell-gabonese-assets-to-state-hydrocarbon-firm-for-300million/) - Tullow Oil plc 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 Tullow’s working interests in Gabon for cash consideration of $300Million net of tax. “Entering into the full sale and purchase agreement (SPA) is targeted - [Namibia’s New Deputy Prime Minister is Also in Charge of Mines and Energy](https://africaoilgasreport.com/2025/03/petroleum-people/namibias-new-deputy-prime-minister-is-also-in-charge-of-mines-and-energy/) - President Netumbo Nandi-Ndaitwah of Namibia has appointed Natangwe Ithete as both Deputy Prime Minister & Minister of Industrialisation, Mines and Energy (which includes minerals exploration and exploitation, oil and gas upstream and downstream and power). The appointment is the most radical of the new President’s cabinet reshuffle, announced a day after her inauguration on March - [Drill Baby Drill: How Trump brought the House Down!](https://africaoilgasreport.com/2025/03/energy-transition/drill-baby-drill-how-trump-brought-the-house-down/) - Chris Wright, US Energy Secretary posted on X recently…: “’Under President Trump’s leadership, we will DRILL, BABY, DRILL. He added: “It’s simple: ­[Up] Energy supply = [Down] Energy prices”’. The reality could be very different. Two issues stand out: A reduced oil price which could reduce exploration because of economic uncertainity; and a flood of - [‘No Competition with Traders’/How I Broke into Oil-Patricia Simon-Hart](https://africaoilgasreport.com/2025/03/petroleum-people/no-competition-with-traders-how-i-broke-into-oil-patricia-simon-hart/) - From our archive series: Blasts from the Past FEW, AT THE SERENE POOLSIDE EVENT at the Hotel Ivoire in pre-war Abidjan, in Côte d'Ivoire, would have guessed that Patricia Simon-Hart was launching herself into the heady, competitive world of oil service engineering in Nigeria. In the course of the three day Offshore West Africa conference - [South Africa’s Consistent Incoherence](https://africaoilgasreport.com/2023/10/in-the-news/energy-south-africas-consistent-incoherence/) - By Toyin Akinosho It has finally come to this for South Africa: signing off on a plan to purchase 700MW of electricity from Mozambique. A succession of managers at the country’s power utility, Eskom, has mangled the construction of such large projects as the 4,800MW Kusile coal to power plant. Their counterparts at the state - [Nigerian Indies: ‘To Whom Much is Given, Much is Expected’-Olu Verheijen](https://africaoilgasreport.com/2025/03/farm-in-farm-out/nigerian-indies-to-whom-much-is-given-much-is-expected-olu-verheijen/) - Olu Verheijen, Special Adviser to Nigeria’s President Bola Tinubu on Energy, says that the government is expecting a significant proportion of the crude oil and gas production from the 22 Oil Mining Leases whose operatorships have passed from Shell and ExxonMobil to Renaissance Africa and Seplat Energy in the last four months. “People call these - [Vitol Paddles Further Upstream, Takes Shares in ENI’s Congo and Côte d'Ivoire Assets](https://africaoilgasreport.com/2025/03/farm-in-farm-out/vitol-paddles-further-upstream-takes-shares-in-enis-congo-and-cote-divoire-assets/) - Commodity trader Vitol has agreed with Italian explorer ENI to acquire interests in certain assets owned by ENI in Côte d'Ivoire and the Republic of Congo for an aggregate consideration of $1.65Billion at 1 January 2024, with standard cash adjustment at closing. “Vitol will acquire an interest in both oil and gas producing assets and - [Back to Ground Zero: Who Advised President Bola Ahmed Tinubu to Do This?](https://africaoilgasreport.com/2025/03/in-the-news/back-to-ground-zero-who-advised-president-bola-ahmed-tinubu-to-do-this/) - I have just picked up my phone after breaking my fast to find multiple missed calls and countless messages about an alarming development: President Bola Ahmed Tinubu has reportedly declared a state of emergency in Rivers State, the most prosperous subnational economy in the oil producing Niger Delta region. If this is true, then I - [Libya Offers the Largest Number of Offshore  blocks in the Cyrenaica Platform](https://africaoilgasreport.com/2025/03/farm-in-farm-out/libya-offers-the-largest-number-of-offshore-blocks-in-the-cyrenaica-platform/) - Libya is offering 22 acreages in its first open licensing sale since 2007. The acreages, earmarked for exploration and development include 11 Offshore and 11 Onshore tracts, with “areas with undeveloped discoveries estimated to contain a minimum of 2.0Billion Barrels of Oil Equivalent (BBOE) in hydrocarbon resources”, the state hydrocarbon company, NOC, said in a - [South Africa Can Make Components of Renewable Energy Equipment, “Maybe Not like China”](https://africaoilgasreport.com/2025/03/energy-transition/south-africa-can-make-components-of-renewable-energy-equipment-maybe-not-like-china/) - By Toyin Akinosho South Africa’s Electricity and Energy Deputy Minister, Samantha Graham-Maré, has provided an update on the country’s plan to use the manufacturing of components of renewable energy equipment as a route to high grading its industrialisation process. Africa’s most industrialised economy wants to position itself as a supplier of renewable-energy components to the - [Desert to Power: AfDB, Eritrea Ink Agreement for 12 MW Mini-Grid Project](https://africaoilgasreport.com/2025/03/energy-transition/desert-to-power-afdb-eritrea-ink-agreement-for-12-mw-mini-grid-project/) - The African Development Bank (AfDB) Group and Eritrea have signed an agreement for $19.5Million in grant funding for the Desert to Power Eritrea 12MW Mini Grid Project. Ghiorghish Teklemichae, Eritrea’s Minister of Finance and National Development, who is also the Bank Group Governor for the country, signed on behalf of the government during a March - [ Fasten your seatbelts we’re headed for stormy weather!](https://africaoilgasreport.com/2025/03/energy-transition/fasten-your-seatbelts-were-headed-for-stormy-weather/) - The abrupt announcement that Zoe Yujnovich, Shell’s Integrated Gas & Upstream Director, directly responsiblefor its LNG and Upstream divisions is departing the end of March 2025, indicates that not all is well in Shell’s two most important portfolios: Firstly, the impending oversupply of LNG in global markets is quickly changing the dynamics of the LNG - [TOTAL Clears the Biggest Financial Hurdle to its Sprawling Moza LNG Project](https://africaoilgasreport.com/2025/03/gas-monetization/total-clears-the-biggest-financial-hurdle-to-its-sprawling-moza-lng-project/) - The United States Export Import (EXIM) Bank has confirmed that it would go ahead and provide $4.7Billion loan for the TOTAL operated Liquefied Natural Gas project in Mozambique. It is the largest and most consequential of all the loan guarantees for the 13Million Tonnes Per Year (13MMTPA) project, which has been halted since Islamic insurgents - [ENI, XOM, Shell Down; Chevron, TOTAL Next to Go?](https://africaoilgasreport.com/2025/03/farm-in-farm-out/eni-xom-shell-down-chevron-total-next-to-go/) - With UK major Shell having finalised the sale of its entire onshore and shallow water assets in Nigeria, only two majors remain in the country with operated assets in those terrains. They are Chevron, the US major, and TOTAL, the French giant. Prior to the just announced completion of Shell’s sale to the Renaissance Consortium, - [Renaissance Finally Takes Over 18 Nigerian Oil Mining Leases (OMLs)](https://africaoilgasreport.com/2025/03/petroleum-people/shell-completes-sale-of-spdc-to-renaissance-africa-energy/) - Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance Africa Energy Company, as announced 16 January 2024. “Renaissance now controls SPDC’s 30% stake in the SPDC JV, an unincorporated joint venture with the government-owned Nigerian National Petroleum Corporation (55%), TOTAL Exploration and Production Nigeria Ltd (10%) and - [Scatec signs PPA with Egypt Aluminium for $650Million, 1,000MW Solar Project](https://africaoilgasreport.com/2025/03/energy-transition/scatec-signs-ppa-with-egypt-aluminium-for-650million-1000mw-solar-project/) - Norwegian energy developer Scatec ASA, has signed a 25-year US Dollar-denominated corporate Power Purchase Agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200MWh BESS project. The agreement, the first utility scale PPA in the country with an industrial off taker, is backed by a sovereign guarantee. Egypt Aluminium is the - [Nigeria’s Crude Oil Output Shrivels By 4.7%](https://africaoilgasreport.com/2025/03/in-the-news/nigerias-crude-oil-output-shrivels-by-4-7-m-o-m/) - Nigeria’s crude oil output shrank by 73,000Barrels of Oil per Day (BOPD) in February 2025, compared with the January 2025 output. The country’s average daily production of 1,465,006BOPD in February 2025 was the lowest in three months, but it was higher than the October 2024 figure of 1,333,000BOPD by 9% and remains in the ‘revamp - [Seplat's Largest Shareholder Receives Lower Dividend](https://africaoilgasreport.com/2025/03/in-the-news/dividend-from-seplat-to-mp-in-a-slight-drop-y-o-y-but-company-gobbles-66-million-in-five-years/) - By Marshal Gungubele Dividends received by Paris based Maurel et Prom (M&P) from its 20.46% interest in Seplat Energy in was $19Million in 2024. This was a $1Million drop from the $20Million dividend paid by Seplat Energy, to its largest shareholder, in 2023. The 2023 dividend was however the largest received by M&P from Seplat - [African Financiers Grant $300 Million Facility to Houston Based Independent](https://africaoilgasreport.com/2025/03/in-the-news/african-financiers-grant-300-million-facility-to-houston-based-independent/) - By Prosper Mugabe, in Abidjan Houston based VAALCO Energy has entered into a new revolving credit facility with several African financial institutions. The initial commitment is of $190Million with the ability to grow to $300Million, led by The Standard Bank of South Africa Limited, Isle of Man Branch with other participating banks and financial partners. - [TOTAL Faults 'News' of Contracts Suspension in Mozambique LNG](https://africaoilgasreport.com/2025/03/gas-monetization/news-of-totals-suspension-of-contracts-in-mozambique-is-extremely-exaggerated/) - By Sully Manope, in Windhoek TOTALEnergies has dismissed the widely reported story that it was suspending contracts with subcontractors on its vast Liquefied Natural Gas (LNG) site in the Afungi Peninsula, in northern Mozambique. The company says that it is only not renewing contracts that have already ended. “Everyone knows that we are still in - [BW Energy Claims ‘Substantial Oil Discovery’ Offshore Gabon](https://africaoilgasreport.com/2025/03/oil-patch-sub-sahara/bw-energy-claims-substantial-oil-discovery-offshore-gabon/) - The Norwegian minnow BW Energy has announced that a significant new oil discovery with good reservoir has been made at the Bourdon prospect, located on the Dussafu Marin Permit offshore Gabon. Evaluation of logging data and formation pressure measurements confirm approximately 34 metres of pay in an overall hydrocarbon column of 45 metres in the - [The African Refining Hub is still Miles Away/Our Latest Issue No. 2, 2025](https://africaoilgasreport.com/2025/03/refining-gap/the-african-refining-hub-is-still-miles-away-our-latest-issue-no-2-2025/) - Despite all the turbulence of the last 11 months, the 650,000Barrel Per Stream Day (BPSD) Dangote Refinery is firmly on its way to completing its first year of operation in relatively good shape. We think that the company behind this huge facility will be fine. In the lead story we declare: The Dangote refinery does - [Nigeria’s $750Million Distributed Access Energy Subsidy Programme Prepares for Launch](https://africaoilgasreport.com/2025/03/energy-transition/nigerias-750million-distributed-access-energy-subsidy-programme-prepares-for-launch/) - Nigeria’s ambitious Distributed Access through Renewable Energy Scale-up (DARES) programme, is set to launch later this month, March 2025. The $750Million initiative, backed by the World Bank, aims to transform Nigeria’s energy landscape by expanding electrification through decentralized renewable energy solutions, particularly in rural and underserved areas. The project targets to benefit over 17.5Million Nigerians, - [It Sounds Like an Abrupt Decision: Zoë Yujnovich to Leave Shell](https://africaoilgasreport.com/2025/03/petroleum-people/it-sounds-like-an-abrupt-decision-zoe-yujnovich-to-leave-shell/) - By Max Adagidi, in Lagos After more than a decade of distinguished service with Shell, Integrated Gas and Upstream Director, Zoë Yujnovich, will step down effective 31 March 2025 , the company announced in a statement, today, March 4, 2025. “ Zoë will assist with the transition, after which she will leave the Group”, the - [TGS Completes Seismic Reprocessing in Angolan Block Long Discarded by Shell](https://africaoilgasreport.com/2025/03/oil-patch-sub-sahara/tgs-completes-seismic-reprocessing-in-angolan-block-long-discarded-by-shell/) - By Sully Manope, Southwest African correspondent, in Windhoek TGS, has competed the reprocessing of the Block 16 GeoStreamer MC3D seismic dataset in Angola’s Lower Congo Basin, in partnership with Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG)., Block 16 is located between the two most prolific Angolan blocks: the TOTAL operated Block 17 and the - [VAALCO Acquires 70% Operated Interest in Côte D’Ivoire's CI-705 Block](https://africaoilgasreport.com/2025/03/farm-in-farm-out/vaalco-acquires-70-operated-interest-in-cote-divoires-ci-705-block/) - By Marshal Gungubele, in Accra Houston based American independent VAALCO Energy has added another asset to the list of acreage positions it holds in Africa The new one is the CI-705 block offshore Côte d’Ivoire, into which it farmed as an operator. Vaalco will hold a 70% working interest and a 100% paying interest though - [Kwame Ntow Amoah is the new  Helmsman at Ghana’s State Hydrocarbon Firm](https://africaoilgasreport.com/2025/02/petroleum-people/kwame-ntow-amoah-is-the-new-helmsman-at-ghanas-state-hydrocarbon-firm/) - The Ghana National Petroleum Corporation (GNPC) has appointed Kwame Ntow Amoah as its new AG Chief Executive Officer. He will replace Edward Abambire Bawa, who has been reassigned to GOIL as Managing Director and Group CEO. Amoah has held key leadership roles throughout his career, including Deputy Chief Executive at GNPC and Advisor to the - [A $7Billion new Petrochemicals Complex in Egypt shows the way towards a new Middle Sea Economy!](https://africaoilgasreport.com/2025/03/refining-gap/a-7billion-new-petrochemicals-complex-in-egypt-shows-the-way-towards-a-new-middle-sea-economy/) - By Bill Blain The Atlantic Age may be crumbling in a Trumpian cataclysm of lies and disinformation but it’s time for a really positive, forward-looking story on the place international business cooperation in human progress. A Landmark Framework Agreement was signed at the EGYPES Energy conference in Cairo, to construct a First-of-Its-Kind Petrochemical Complex. The - [Jite Okoloko Out of Eroton: Unlikely to Roll Over](https://africaoilgasreport.com/2025/02/petroleum-people/jite-okoloko-out-of-eroton-unlikely-to-roll-over/) - Jite Okoloko has exited the role of Chairman of Eroton E&P, an outgrowth of Midwestern Oil and Gas company and other associated oil and gas vehicles which he had spearheaded and controlled for the past 20 years. In a boardroom sweep that was overseen by James Ibori, former governor of Nigeria’s Delta State, Henry Imasekha - [Namibia’s Sagittarius Probe:  Little Excitement in the 'Tone' of the Announcement](https://africaoilgasreport.com/2025/02/oil-patch-sub-sahara/namibias-sagittarius-probe-little-excitement-in-the-tone-of-the-announcement/) - The South African Independent Rhino Resources, has reported the conclusion of drilling of the Sagittarius 1-X well, in Petroleum Exploration Licence (PEL) 85 in Block 2914, offshore Orange Basin, Namibia. Partners in PEL 85, in addition to Rhino Resources (42.5% interest), include Azule Energy, the joint E&P venture in Angola between bp and ENI, which - [ENI Finalises Agreement to Export Gas from Cyprus through Egypt](https://africaoilgasreport.com/2025/02/gas-monetization/eni-finalises-agreement-to-export-gas-from-cyprus-through-egypt/) - Italian major ENI has signed an agreement with Egypt and Cyprus for the development and export of Cyprus Block 6 gas through Egypt’s existing infrastructure. The agreement “is a concrete milestone to establish a gas hub in the Eastern Mediterranean, capitalizing Egypt’s existing hydrocarbon infrastructure and positioning Cyprus as a gas producer and exporter”, ENI - [BP Starts New Gas Production in Egypt, Stops Short of Announcing Daily Output Figures](https://africaoilgasreport.com/2025/02/gas-monetization/bp-starts-new-gas-production-in-egypt-stops-short-of-announcing-daily-output-figures/) - British major bp has announced the start of production of natural gas and condensate from Raven Second Development Phase, offshore Egypt. The operator does not disclose the expected peak production of the facility, only reporting that the “new wells are expected to produce approximately 220Billion cubic feet of gas and 7Million barrels of condensate”, in - [ESIA Approved for Pilot Gas Project in Zimbabwe](https://africaoilgasreport.com/2025/02/gas-monetization/esia-approved-for-pilot-gas-project-in-zimbabwe/) - The Australia listed minnow, Invitus Energy, says it has received Environmental Social Impact Assessment (ESIA) approval for pilot production activities at its Cabora Bassa Project, from Zimbabwe's Environmental Management Agency (EMA). The approval covers gas extraction, liquefaction, and transport from Mukuyu gas field and future operations across the blocks SG 4571 and EPOs 1848 & - [Angolan Operator Completes Offshore Platforms for New Gas Project](https://africaoilgasreport.com/2025/02/gas-monetization/angolan-operator-completes-offshore-platforms-for-new-gas-project/) - Azule Energy has announced the successful completion of the Quiluma and Maboqueiro offshore platforms, a cornerstone of the New Gas Consortium (NGC) project. The load out and sail away ceremony of the Quiluma deck from the Ambriz Petromar Yard in Bengo, “represents a significant step forward in Angola’s first non-associated gas development”, the company says. - [North Africa’s Three Big Producers Announce Bid Rounds to Rein in Gas Production Drop](https://africaoilgasreport.com/2025/02/farm-in-farm-out/north-africas-three-big-producers-in-bid-market-to-rein-in-shortfall-in-gas-production/) - In order to stem the rapid decline in natural gas output, North Africa’s three large hydrocarbon producing countries have announced upstream oil and gas bid rounds. “Calls for bids in Libya and Algeria are notable for the fact that they are happening after a long absence”, notes Mostefa Ouki, the Algerian energy analyst, in a - [P. E. Firm to Sell Egyptian Operator to Chinese Player](https://africaoilgasreport.com/2025/02/farm-in-farm-out/hong-kong-operator-cuts-more-of-the-pie-in-egypt/) - Bluewater, the specialist energy private equity firm, has signed a purchase agreement to sell Apex International Energy, a leading independent player in oil & gas exploration and production in the prolific Egyptian upstream market. The beneficiary is United Energy Group (UEG), a Hong Kong listed operator. After the completion of the transaction, UEG's gross production - [Hilong Gets a Small Part of the Contract for Congo FLNG](https://africaoilgasreport.com/2025/02/in-the-news/hilong-gets-a-small-part-of-the-contract-for-congo-flng/) - Chinese contractor Hilong Petroleum Offshore Engineering has been awarded a $56Million transportation and installation (T&I) contract in the second phase of ENI’s Congo LNG project offshore Congo-Brazzaville. Hillong will be performing the workscope on two wellhead platforms on the project’s overall offshore infrastructure. The job is a six month long operation, beginning in June with - [Prime Global Enters Cameroon, Namibia](https://africaoilgasreport.com/2025/02/farm-in-farm-out/prime-global-enters-cameroon-namibia/) - Prime Global Energies Limited is in the process of taking positions offshore Cameroon and Namibia. The Pakistani independent has executed two Farm Out Agreements with Tower Resources Plc, a UK-based exploration company. . Through these agreements, Prime has secured: * 42.5% participating interest in the Thali license and Production Sharing Contract in the Rio del - [“Banks Won't Fund Marginal Fields to First Oil"](https://africaoilgasreport.com/2025/02/c-suite-series/banks-wont-fund-marginal-fields-to-first-oil/) - Lukman Abolade, senior correspondent at Africa Oil+Gas Report (AOGR), caught up with Olajumoke Ajayi on the sidelines of the last annual conference of the Nigerian Association of Petroleum Explorationists (NAPE), where she emerged as the President-Elect of the body: the third female to be elevated to that position in the 50 year history of the - [Angola: A story of economic populism gone amuck](https://africaoilgasreport.com/2025/02/energy-transition/angola-a-story-of-economic-populism-gone-amuck/) - Who could have imagined that Angola would have become a financial pariah: broke, and so broke that even global financial markets see the country as a basket case. In business terms if the country was seen as a business it would be quickly granted a bankruptcy status. Is this the new reality? Transactionalism gone amuck. - [Deepwater Annual 2025/ Our Latest Issue](https://africaoilgasreport.com/2025/01/in-the-news/deepwater-annual-2025-africas-return-our-latest-issue/) - In January 2024, we figured that Africa’s deepwater development, which was on pause for most of 2023, was looking to inch back up in 2024. It has stepped up even farther. TOTALEnergies took Financial Investment Decision (FID) for the Angolan Block 20 development in the first half of 2024. It’s the acreage holding the pre-salt - [Angola Considers Proposals for Operatorship of Five Onshore Blocks](https://africaoilgasreport.com/2025/01/farm-in-farm-out/angola-considers-proposals-for-operatorship-of-five-onshore-blocks/) - The Angolan upstream petroleum regulator, National Agency for Petroleum, Gas and Biofuels (ANPG), National Concessionaire has received nine proposals from three foreign companies, to act as operators of five acreages located onshore Kwanza Basin. The blocks are: KON 1, KON3, KON 7 KON 10 and KON 14. “The proposals were presented during a ceremony, within - [Over $50Billion Financing, Pledged by Global Partners, at Dar es Salaam Energy Summit](https://africaoilgasreport.com/2025/01/power-deficit/over-50billion-financing-pledged-by-global-partners-at-dar-es-salaam-energy-summit/) - Thirty African Heads of State and government have committed to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity to power economic growth, improve quality of life, and drive job creation across the continent. The leaders pledged their commitment in a declaration during the two-day Mission 300 Africa Energy Summit, which - [Johnbosco Uche, Shell Nigeria's Chief Geophysicist, is the New President of NAPE](https://africaoilgasreport.com/2025/01/petroleum-people/johnbosco-uche-shells-chief-geophysicist-is-the-new-president-of-nape/) - By Marshal Gungubele Johnbosco Uche has taken over the Presidency of the Nigerian Association of Petroleum Explorationists (NAPE). Uche, the current Geosolutions Manager and Chief Geophysicist for the Nigerian subsidiary of the UK major, Shell, was inaugurated as President at the last annual conference of the body; the largest grouping of oil industry technical professionals - [Deepwater Namibia: Despite Shell’s Write Down There’s Still Lots of Life Left in the Basin](https://africaoilgasreport.com/2025/01/oil-patch-sub-sahara/deepwater-namibia-despite-shells-write-down-theres-still-lots-of-life-left-in-the-basin/) - Various oil industry analysts including myself were shocked to hear the news on January 9th 2025 that Shell had written down its holdings in deepwater Namibia by $400 million. This has led to many analysts asking, “Whatever is going on in deepwater Namibia”? Early Excitement Only three years ago Shell electrified the world’s oil industry - [Nigeria’s DomGas Sales Increase, while Exported Volume Has Fallen](https://africaoilgasreport.com/2025/01/energy-transition/nigerias-domgas-sales-increase-while-exported-volume-has-fallen/) - By Macson Obojemuinmoin Nigeria’s domestic gas sales ended the year 2024 far ahead in volume than they were in January, while exported gas sales moved in exact opposite direction. The nation exported 2.458Billion standard cubic feet per day (~2.46Bscff/d) in December 2024 through the Liquefied Natural Gas system and the West African gas pipeline, a - [The Promise and Challenges of Green Hydrogen in North Africa](https://africaoilgasreport.com/2025/01/opinion/the-promise-and-challenges-of-green-hydrogen-in-north-africa/) - OPINION North African nations have seen recent progress in the field of renewable energy, especially in green hydrogen. Hydrogen has many uses across varied industries, from petroleum refining and food processing to fertilizer and steel production. While the aerospace industry has used hydrogen as a rocket fuel since the dawn of the space age, there - [Re-Ranking the Oil Majors: what will 2025 bring?](https://africaoilgasreport.com/2025/01/opinion/opinion-re-ranking-the-oil-majors-what-will-2025-bring/) - OPINION Reviewing the majors for 2025 brings with it a plurality of scenarios. Trump’s entry to the White House has more than a passing interest to both Chevron and ExxonMobil. Both companies will be lobbying Trump to ensure that US-Russian relationships are improved. Why? When the Soviet Union broke up in the early 90s and - [Egypt Gives ENGIE Tough Conditions to Ramp up Red Sea Wind Farm Capacity to 650MW](https://africaoilgasreport.com/2025/01/energy-transition/egypt-gives-engie-tough-conditions-to-ramp-up-red-sea-wind-farm-capacity-to-650mw/) - By Prosper Iskander, in Cairo French renewable energy developer ENGIE has announced it will increase the capacity of the Red Sea Wind Energy project, currently under construction in Ras Ghareb, Egypt, to 650MW. Total planned capacity for the plant is currently 500MW, so the expansion is by 150 MW or 30%. “Ahead of schedule and - [Oando Wins the Angolan Bid Round for Kwanza Basin Block KON 13](https://africaoilgasreport.com/2025/01/farm-in-farm-out/oando-wins-the-angolan-bid-round-for-kwanza-basin-block-kon-13/) - By Macson Obojemuinmoin, in Windhoek The Angolan upstream petroleum regulator National Agency for Petroleum, Gas and Biofuels (ANPG) has announced the result of the Limited Public Tender for Block KON 13, located in the Kwanza Onshore Basin. In the statement, the ANPG reports that Oando Energy is the designated operator of the block, with 45%. - [European Bank Leads the Debt Financing of the Largest Wind Power Plant in Africa](https://africaoilgasreport.com/2025/01/energy-transition/european-bank-leads-the-debt-financing-of-the-largest-wind-power-plant-in-africa/) - By Mohammed Jetutu, in Cairo The European Bank for Reconstruction and Development (EBRD) is the lead debt funder for the construction of Egypt’s 1,100MW Suez Wind farm, which is on course of being the largest wind power plant in Africa. The $1.2Billion project has reached financial close, securing $703.6Million in financing from a consortium of - [South African Court Declaration May Annul Fossil Fuel Power Plants in the Country](https://africaoilgasreport.com/2024/12/power-deficit/south-african-court-declaration-may-annul-fossil-fuel-power-plants-in-the-country/) - In a landmark judgement that threatens to annul the growth of fossil fuels based thermal power plants in the country, a High Court has declared the South African government’s plan to add 1,500MW of coal-fired power to the national grid as inconsistent with the Constitution. The plan to build the power plants, according to Judge - [Oil Production: Nigeria Exits 2024 on a High, But It’s Still a Struggle](https://africaoilgasreport.com/2025/01/in-the-news/oil-production-nigeria-exits-2024-on-a-high-but-its-still-a-struggle/) - By Macson Obojemuinmoin Nigeria’s crude oil output in December 2024 was 1,484,585Barrels of oil per day (BOPD), a slight drop from the November 2024 by ~1,000Barrels of Oil per Day. The figure is higher than the October 2024 production by over 150,000BOPD, signaling a continuing end of year uptick. Crude and condensate output for December - [Shell’s Namibia Write Down: Windhoek Says It Will Work with “the Right Partners” to Develop Those Reserves](https://africaoilgasreport.com/2025/01/in-the-news/shells-namibia-write-down-windhoek-says-it-will-work-with-the-right-partners-to-develop-those-reserves/) - By Marshal Gungubele The Namibian government responded in less than 24 hours to reports that Shell would take exploration well write-offs of about $400Million mainly concerning some of its discoveries in the country. In a 1,000 word, two page statement, released around 6pm Thursday, January 9, 2025, the Ministry of Energy and Mines allowed that - [NUPRC’s Mandatory Decarbonisation Rules (UPDT): The Risk of Becoming Mere Boxes to Tick](https://africaoilgasreport.com/2025/01/in-the-news/nuprcs-mandatory-decarbonisation-rules-updt-the-risk-of-becoming-mere-boxes-to-tick/) - In the last week of 2024, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) issued its Upstream Petroleum Decarbonisation Template (UPDT), under its decarbonisation and energy sustainability policy for the country’s upstream oil and gas operations. The UPDT is one of the seven (7) pillars of the “Regulatory Framework for Energy Transition, Decarbonisation, and Carbon Monetisation - [Nigerian Gas: Shell Sold the Most; Mobil Flared More](https://africaoilgasreport.com/2025/01/gas-monetization/nigerian-gas-shell-sold-the-most-mobil-flared-more/) - By Foluso Ogunsan, West Africa Correspondent Mobil Producing Nigeria Unlimited flared the most gas in 2023 among all the operators. The (then) shallow water subsidiary of ExxonMobil burnt off 22,426Million standard cubic feet (MMscf) of gas in that one single year. This means that, for every day of 2023, MPNU wasted 61Million standard cubic feet - [A Huge Business Opportunity to Transform Access to Electricity](https://africaoilgasreport.com/2025/01/power-deficit/nigerias-sub-national-governments-now-have-the-opportunity-to-transform-electricity-access/) - Nigeria’s Electricity Act 2023 heralded the age of shared regulatory authority between subnational governments and the federal government in the nation’s electricity industry. The legislation which was signed into law on June 9, 2023, removed electricity generation, transmission, distribution, and regulation from the exclusivity of the federal government. The decentralisation was designed to imbue state - [Galp Makes Modest Success in Fourth Well in Namibia’s Mopane Field](https://africaoilgasreport.com/2025/01/oil-patch-sub-sahara/galp-makes-modest-success-in-fourth-well-in-namibias-mopane-field/) - Galp Energia encountered a new reservoir and penetrated one of the three known zones in its latest appraisal of the Mopane structure, offshore Namibia. Mopane 2A found both (1) “a hydrocarbon column of gas-condensate in the AVO-3 reservoir, with a thin net pay in the reservoir sweet spot,” and (2) a hydrocarbon column of light - [Uganda’s Oil Service Database Upgraded to the Joint Qualification System](https://africaoilgasreport.com/2025/01/in-the-news/ugandas-oil-service-database-upgraded-to-the-joint-qualification-system/) - The Petroleum Authority of Uganda (PAU) has embarked on the upgrade of the National Supplier Database (NSD) into the Joint Qualification System (JQS). “Entities registered on the NSD (Suppliers) are notified that the Petroleum Authority of Uganda has fully migrated the NSD data to the new JQS”, the regulator instructs. “The following new improvements will - [First Gas Flows from GTA Project in Mauritania-Senegal](https://africaoilgasreport.com/2025/01/gas-monetization/first-gas-flows-from-gta-project-in-mauritania-senegal/) - British major BP has announced first gas flow from the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal. “Gas will now flow to the project’s floating production storage and offloading (FPSO) for the next step in commissioning before export”, the company discloses. Once fully commissioned, GTA Phase 1 is expected to produce around 2.3Million - [WHO IS DOING WHAT AND WHERE IN 2025?/OUR LATEST ISSUE](https://africaoilgasreport.com/2024/12/in-the-news/who-is-doing-what-and-where-in-2025-our-latest-issue/) - Uganda’s first oil is clearly postponed to, at the earliest, 2026. Mozambique’s largest onshore LNG project (the ExxonMobil operated 18Million Tonnes Per Annum facility), won’t reach investment decision (FID) until 2026 and the country’s post-election violence may have complicated things. TOTALEnergies’ latest signal is that it won’t restart its own 13MMTPA project in that country - [ENI Starts Baleine Phase 2 Production, to Peak at 60KBD of Oil off Côte d'Ivoire](https://africaoilgasreport.com/2024/12/in-the-news/eni-starts-baleine-phase-2-production-to-peak-at-60kbd-of-oil-off-cote-divoire/) - By Sully Manope in Lagos Italian major ENI reports it has started production of the second of its planned three phase production of oil and gas from the Baleine field in deepwater off Côte d'Ivoire’s offshore. The company expects to reach 60,000 barrels of oil and 70Million cubic feet of associated gas per day (60,000BOPD - [Egypt Extends the Suez Canal, Despite Losses in Revenue](https://africaoilgasreport.com/2024/12/in-the-news/egypt-extends-the-suez-canal-despite-losses-in-revenue/) - By Mohammed Jetutu, in Cairo The Egyptian government has continued to invest in the capacity expansion of the Suez Canal, despite the current headwinds it faces. The Suez Canal Authority (SCA) successfully tested a new 10kilometre lane in the southern section of the international waterway over the Christmas 2024 period. The extension increases the length - [Chevron Achieves First gas in Angola’s Sanha Project, with 80MMscf/d in First Phase](https://africaoilgasreport.com/2024/12/gas-monetization/chevron-achieves-first-gas-in-angolas-sanha-project-with-80mmscf-d-in-first-phase/) - By Mascot Su’Nthembi, in Luanda US Major Chevron has commenced natural gas production from the Sanha Lean Gas Connection project, located in the shallow offshore Block 0. The project will supply gas from the Sanha field to the 750MW Soyo power plants and the 5Million Tonne Per Annum (MMTPA) Angola Liquefied Natural Gas (ALNG) plant, - [Election Violence Forces a Cut in Sasol’s Natural Gas Production in Mozambique](https://africaoilgasreport.com/2024/12/gas-monetization/election-violence-forces-a-cut-in-sasols-natural-gas-production-in-mozambique/) - By Toyin Akinosho, Publisher Sasol has announced a reduction in natural gas production at its central processing plant in Temane, in Mozambique’s Inhambane province. Africa’s largest petrochemicals company cited concerns for the safety of its staff and assets, after a group of activists, protesting the country’s Presidential election results, invaded the premises of the processing - [Nigerian Government “Very Close” to Granting Ministerial Consent for Shell-Renaissance Deal](https://africaoilgasreport.com/2024/12/farm-in-farm-out/nigerian-government-very-close-to-granting-ministerial-consent-for-shell-renaissance-deal/) - By Marshal Gungubele The Nigerian Government has moved rapidly close in the last few days, to finally granting the “Ministerial consent”, approving the sale of Shell Petroleum Development Company of Nigeria Limited (SPDC)-the UK major’s Nigerian onshore and shallow offshore subsidiary- to Renaissance Africa, a consortium of five companies comprising four exploration and production companies - [Shell Takes Final Investment Decision on Bonga North Development](https://africaoilgasreport.com/2024/12/in-the-news/shell-takes-final-investment-decision-on-bonga-north-development/) - UK major Shell has taken the much awaited Final Investment Decision (FID) on the Bonga North Development. The project will reach a peak production of 110,000 barrels of oil a day, the company says, “with first oil anticipated by the end of the decade”. It is the first 100,000+ BOPD project FID to be taken - [Dangote Exports Gasoline to Cameroon through Neptune Oil](https://africaoilgasreport.com/2024/12/refining-gap/dangote-exports-petroleum-products-to-cameroon-through-neptune-oil/) - Dangote Refinery and Neptune Oil have jointly announced the first-ever export of 60,000 Metric Tons of Premium Motor Spirit (PMS) from Dangote Refinery, Africa's largest oil refinery, to Cameroon. “This partnership with Dangote Refinery marks a turning point for Cameroon”, remarks Antoine Ndzengue, founder and President of Neptune Oil. “Thanks to the logistical advantages of - [Okwok FPSO “Done”; To Arrive Nigeria before March, First Oil Expected in July 2025](https://africaoilgasreport.com/2024/12/in-the-news/okwok-fpso-done-to-arrive-nigeria-before-march-first-oil-expected-in-july-2025/) - By Marshal Gungubele, in Dubai The Nigerian independent, Oriental Energy Resources (OER) will commission the Okwok Field’s Floating Production Storage and Offloading (FPSO) vessel in Dubai, today, December 14, 2024. The 40,000Barrels Per Day (BOPD) capacity facility, constructed by the Singaporean firm HBA Future Energy, will thereafter, start sailing to Nigerian waters, for hook up - [EAAIF Commits 20% of $100Million Green Bond for Zambia’s Solar Power Plant](https://africaoilgasreport.com/2024/12/energy-transition/eaaif-commits-20-of-100million-green-bond-for-zambias-solar-power-plant/) - The Emerging Africa & Asia Infrastructure Fund (EAAIF), has committed $18.9Million to a Green bond aimed at developing a 136 MW solar plant in Zambia. The $96.7Million green bond is an initiative of CEC Renewables’, a subsidiary of Copperbelt Energy Corporation (CEC Plc). EAAIF is a Private Infrastructure Development Group (PIDG) company, managed by Ninety - [Egypt May Finally Privatise Wataniya Petroleum in 2025](https://africaoilgasreport.com/2024/12/farm-in-farm-out/egypt-may-finally-privatise-wataniya-petroleum-in-2025/) - The Egyptian government has returned to the talk of privatisation of a dozen or more state owned enterprises. Two fuel retailing companies, Wataniya Petroleum and Chill Out, both owned by the military, were top of mind as Prime Minister Moustafa Madbouly announced, December 11, 2024, that the government was planning to offer up stakes in - ['Seeking more Investment & Production? Do it like Angola', Equinor Says](https://africaoilgasreport.com/2024/12/in-the-news/seeking-more-investment-production-do-it-like-angola-equinor-says/) - In the oil and gas industry change can take time. It is not too frequent to see the enactment of new legislation with updated and progressive fiscal terms. Yet Angola did just that in November 2024, publishing its Incremental Production Decree. I strongly believe the new terms are able to increase investment and boost oil - [Aradel Buys a Stake in Agbami Field Production, Nnwa- Doro Development](https://africaoilgasreport.com/2024/12/farm-in-farm-out/aradel-buys-a-stake-in-agbami-field-production-nnwa-doro-development/) - Aradel Holdings Plc has entered into an agreement to acquire 5.14% equity interest in Chappal Energies Mauritius Limited. Chappal, founded by Nigerian investors and now with a diverse board of directors, is the owner of Equinor Nigeria Energy Company Limited (ENEC), which holds a 53.85% ownership in Oil Mining Lease (OML 128), including the unitised - [Namibia Postpones Applications for Hydrocarbon Exploration Licences to 2Q 2025](https://africaoilgasreport.com/2024/12/farm-in-farm-out/namibia-postpones-applications-for-hydrocarbon-exploration-licences-to-2q-2025/) - Namibia's Ministry of Mines and Energy has announced that the new application process for the Petroleum Reconnaissance Licence (PRL) and Petroleum Expolaration Licence (PEL) remains closed for the period of 1 November 2024 to 31 March 2025. "Applicants who wish to apply for the abovementioned licences may do so during the next licencing application window - [Invitation For Expression of Interest in the EPIC of a Power Generation System at the Ogbele Integrated Oil & Gas Facility](https://africaoilgasreport.com/2024/12/tenders/invitation-for-expression-of-interest-in-the-epic-of-a-power-generation-system-at-the-ogbele-integrated-oil-gas-facility-ncdmb-certification-number-es-ncdmb-aradel-adv-ippg-291124-engineering-pro/) - Aradel Energy Limited NCDMB CERTIFICATION NUMBER: ES/NCDMB/ARADEL/ADV/IPPG/291124/ ENGINEERING, PROCUREMENT, INSTALLATION & COMMISSIONING (EPIC) FOR POWER GENERATION SYSTEM AT THE OGBELE INTEGRATED OIL & GAS FACILITY 1. INTRODUCTION Aradel Energy Limited (www.aradel.com) operator of the Ogbele Field invites interested companies with relevant project experience, to make a submission of an expression of interest in the execution - [Programme Unveiled for the 9th SAIPEC 2025](https://africaoilgasreport.com/2024/12/events/programme-unveiled-for-the-9th-saipec-2025/) - The Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC), organised by the Petroleum Technology Association of Nigeria (PETAN) will take place at the Eko Convention Centre in Lagos from 11-13 February 2025. This marks its significant 9th edition, which is strategically partnered with the Nigerian Content Development and Monitoring Board (NCDMB) and over 30 - [Equinor Cashes $2Billion Out of Nigeria and Azerbaijan](https://africaoilgasreport.com/2024/12/farm-in-farm-out/equinor-realises-2billion-worth-of-value-from-exits-in-nigeria-and-azerbaijan/) - The Norwegian player, Equinor, has announced the close of transactions exiting the upstream businesses in Azerbaijan and Nigeria, with a total estimated consideration of up to $2Billion. After more than 30 years as a business partner in Azerbaijan and Nigeria, transactions leading to Equinor exiting the countries have now been closed on November 29 and - [Cranium Energy Launches its Services in Cote D’Ivoire](https://africaoilgasreport.com/2024/12/advertorial/cranium-energy-launches-its-services-in-cote-divoire/) - PARTNER CONTENT/ADVERTORIAL Cranium Energy Solutions SARL (CES) has announced the launch of its activities in Cote d'Ivoire. The E&P and Engineering services company took advantage of the1st edition of the International Exhibition of Extractive and Energy Resources (SIREXE) held in Abidjan from November 27 to December 2, 2024 to present its services. Cranium declared that - [Rahul Dhir to Step Down as Tullow’s CEO](https://africaoilgasreport.com/2024/12/petroleum-people/rahul-dhir-to-step-down-as-tullows-ceo/) - Tullow Oil plc has announced that Rahul Dhir will step down as Chief Executive Officer and resign from the Board during 2025 to pursue other business, academic and family interests. “The Board has initiated a process to find his successor. Rahul will stay in his role until a date to be determined to ensure a - [More Stick and Less Carrot: Lessons learned and forgotten!](https://africaoilgasreport.com/2024/12/energy-transition/more-stick-and-less-carrot-lessons-learned-and-forgotten/) - To understand the current landmines of the energy transition, four very different examples, and yet very related, are discussed below: Redefining the Common Good. Shell’s victory in overturning a lower court decision for cutting its emissions requires energy transition strategists to re-define their scenarios. COP 29, Azerbaijan. A continuing global debate on the climate woes - [Four Majors Sign off on “Stepping on the Gas” Pedal in Angola](https://africaoilgasreport.com/2024/12/gas-monetization/four-majors-sign-off-on-stepping-on-the-gas-pedal-in-angola/) - By Sully Manope, Southwest Africa correspondent A natural gas consortium consisting of American super major Chevron, its French counterpart TOTALEnergies, the Italian player ENI and British explorer bp (the last two incorporated as an independent entity named Azule Energy), have signed a Service with Risk (SCR) and other Ancillary Commercial Agreements with the Angolan government, - [AfDB Approves $170Million for Egypt’s 1,100MW Wind Power Project](https://africaoilgasreport.com/2024/12/partner-content/afdb-approves-170million-for-egypts-1100mw-wind-power-project/) - PARTNER CONTENT The Board of Directors of the African Development Bank has approved a loan of up to $170Million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative. The total project cost is estimated at $1.1Billion. The Bank’s financing is in addition to financing expected from - [The Fierce Urgency of African Energy Banks](https://africaoilgasreport.com/2024/12/in-the-news/the-fierce-urgency-of-african-energy-banks/) - OPINION PIECE To prevent catastrophic climate change, environmental organizations, financial organizations, and governments across Europe and North America have insisted that developing nations, including those in Africa, must immediately transition from fossil fuel production and usage to renewable energy sources like solar, wind, and hydrogen. The majority of those making these demands are based in - [H2R Pumps Money into dLight’s Solar Initiative,  Relieves Chronic Energy Poverty](https://africaoilgasreport.com/2024/12/energy-transition/h2r-pumps-money-into-dlights-solar-initiative-relieves-chronic-energy-poverty/) - Acumen’s Hardest-to-Reach (“H2R”) initiative has invested $5Million in Brighter Life by d.light (BLd), a multi-country receivables financing facility formed by d.light and African Frontier Capital (AFC). BLd purchases customer receivables generated from d.light’s solar home system sales in Uganda, Kenya, and Tanzania, enabling these subsidiaries to grow faster and reach more customers. H2R’s investment will - [Galp's Appraisal Well Confirms ‘An Extension” of the Large Paydirt offshore Namibia](https://africaoilgasreport.com/2024/12/oil-patch-sub-sahara/galps-appraisal-well-confirms-an-extension-of-the-large-paydirt-offshore-namibia/) - By Sully Manope, in Windhoek Portuguese explorer Galp Energia, has reported that its highly anticipated appraisal well has “confirmed the extension and quality” of the primary reservoir encountered in the Mapone-1 discovery offshore Namibia. This appraisal, Mapone-1A, spud on October 23, 2024 “hit light oil and gas-condensate in its main objective”, the company said in - [M&P Finalises Plans for Drilling Three Gas Wells in Tanzania’s  Mnazi Bay in 1Q 2025](https://africaoilgasreport.com/2024/12/in-the-news/mp-finalises-plans-for-drilling-three-gas-wells-in-tanzanias-mnazi-bay-in-1q-2025/) - Maurel et Prom (M&P) has completed the environmental impact assessment for regulatory approval to commence a three well campaign in Tanzania’s Mnazi Bay field in 2025. The project involves three wells including two (MB5 and MS2) production wells (infill) and one (Kasa) exploration well. Drilling the three wells will enable the field to maintain a - [NNPC’S 1.8Million: How Many Lies Make a Truth?](https://africaoilgasreport.com/2024/11/in-the-news/nnpcs-1-8million-how-many-lies-make-a-truth/) - By the Editorial Board of Africa Oil+Gas Report Two weeks after it made a stunning claim that Nigeria’s crude oil and condensate production had soared to 1.8Million barrels per day (1.8MMBPD), NNPC Ltd was struggling to explain why the claim was not a lie. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which is the custodian - [Erium: The new face of industrial and medical gas solutions in Africa](https://africaoilgasreport.com/2024/11/advertorial/erium-the-new-face-of-industrial-and-medical-gas-solutions-in-africa/) - On November 15, 2024, a major milestone was reached in the African industrial and medical gas sector as Erium—the newly created pan-African group, formed following the complete divestiture of Air Liquide’s assets in West Africa, Central Africa, and Madagascar to Adenia Partner—unveiled its new visual identity. This unveiling marks the dawn of a promising - [ENI’s Output Declines in Ghana, but it takes Four More Blocks Next Door in Côte D’Ivoire](https://africaoilgasreport.com/2024/11/farm-in-farm-out/enis-output-declines-in-ghana-but-it-takes-four-more-blocks-next-door-in-cote-divoire/) - By Marshal Gungubele, in Abidjan Italian explorer ENI is struggling with lower hydrocarbon output in Ghana, but it has taken four more acreages on the same Tano Basin across the border in Cote D’Ivoire. The European player reports it has signed, on November 28, 2024, contracts for the acquisition of four new offshore exploration blocks - [TOTAL Faces Court Action in its Cross Boundary Quest for Orange Basin Development](https://africaoilgasreport.com/2024/11/oil-patch-sub-sahara/total-faces-court-action-in-its-cross-boundary-quest-for-orange-basin-development/) - TOTALEnergies is facing an expected hurdle in its quest to evaluate South African prospects it considers to be contiguous with its discoveries in neighboring South Africa. With court papers in their hands, a small fishing community is standing in the way of the French major’s regional understanding of the exploration prospect straddling Namibia and South - [Zanzibar Adds Two Onshore Blocks to the Bid Round Basket](https://africaoilgasreport.com/2024/11/farm-in-farm-out/zanzibar-adds-two-onshore-blocks-to-the-bid-round-basket/) - By Sully Manope, in Windhoek The Government of Zanzibar (the semi-autonomous region in Tanzania), has added two new onshore blocks to the offerings in the on-going bid round. Earlier in March, 2024, the country had offered eight offshore blocks to international investors in its first hydrocarbon lease sale. The submission of bids for those offshore - [Ghana’s Oil and Gas Receipts in a Surge: Up by 56% in 1H 2024](https://africaoilgasreport.com/2024/11/in-the-news/ghanas-oil-and-gas-receipts-in-a-surge-up-by-56-in-1h-2024/) - By Kweku Armatey, in Cape Coast Ghana’s crude oil production increased by 10.7% for the first half of 2024 as compared to a decline of 13.2 percent in the previous period, primarily due to the coming on stream of the Jubilee South East (JSE) Project, the country’s hydrocarbon management watchdog has reported. “The total petroleum - [ENI Will be Delivering 6.3MMTPA of LNG from Floaters in Africa to Europe by Christmas 2025](https://africaoilgasreport.com/2024/11/gas-monetization/eni-will-be-delivering-6-3mmtpa-of-lng-from-floaters-in-africa-to-europe-by-christmas-2025/) - By Sully Manope, in Windhoek Italian major ENI has announced the launch of the hull of the Nguya Floating Liquefied Natural Gas (FLNG) facility in Wison shipyard in Nantong, China. The vessel, described by the operator as “state-of-the-art”, will have a liquefaction capacity of 2.4Million tons per annum (MMTPA), and will complement the existing Tango - [Africa Oil­­+Gas Report Is the Official Platinum Media Partner for SAIPEC 2025](https://africaoilgasreport.com/2024/11/events/africa-oilgas-report-is-the-official-platinum-media-partner-for-saipec-2025/) - We are thrilled to announce that we are partnering up as an official media partner for the Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) 2025! Taking place at the Eko Convention Centre, Lagos, from February 11-13, SAIPEC remains the premier industry-led event in the heart of Africa's energy, oil, and gas sector. To book - [Ghana Commissions First Phase of a 515MW Gas Fired Power Plant](https://africaoilgasreport.com/2024/11/power-deficit/ghanas-president-commissions-first-phase-of-a-515mw-gas-fired-plant/) - Marshal Gungubele, in Accra The Ghanaian President Nana Akufo-Addo has commissioned a new 200MW combined cycle power plant in the country’s industrial heartland. Early Power Limited's Bridge Power Plant is located in at Kpone, in the Heavy Industrial Area of Greater Accra Municipality, in Ghana. Powered by natural gas as primary fuel, the Bridge Power - [A Winning African Energy Strategy at COP 29 Must Have Oil and Gas at its Core](https://africaoilgasreport.com/2024/11/in-the-news/a-winning-african-energy-strategy-at-cop-29-must-have-oil-and-gas-at-its-core-by-nj-ayuk/) - OPINION The continent will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy - [$900Million Chad Power Line Project Will Turn Cameroon into Top Electricity Exporter](https://africaoilgasreport.com/2024/11/power-deficit/900million-chad-power-line-project-will-turn-cameroon-into-top-electricity-exporter/) - The Cameroonian Government has allocated about $11Million to compensate all residents affected by the Cameroon-Chad Power Interconnection Project (Pirect). The invoice for the project is $924Million, with financing by the World Bank, African Development Bank ($281Millon), and the European Union ($33Million) among other financiers. Pirect is expected turn Cameroon into Central Africa’s top electricity exporter, - [Philip Clarke Appointed as Technical Director at Petralon Energy](https://africaoilgasreport.com/2024/11/partner-content/philip-clarke-appointed-as-technical-director-at-petralon-energy/) - PARTNER CONTENT Petralon Energy, a leading independent African oil and gas company, today announced the appointment of Philip Clarke as its Technical Director. With over 35 years of upstream industry experience, Clarke will spearhead Petralon's technical operations, reinforcing the company's commitment to strategic value creation and operational excellence in the African energy sector. Philip’s career - [Energy Transition Plans are Critical Tools to Expanding Economic Opportunities](https://africaoilgasreport.com/2024/11/energy-transition/energy-transition-plans-are-critical-tools-to-expanding-economic-opportunities/) - The interconnectedness between energy systems, economic growth, and environmental sustainability are becoming increasingly evident all over the world. Energy systems are evolving remarkably, shifting from fossil fuel dominance to renewable sources, and this transition fundamentally reshapes economies and the environment. In this transformation, we are tasked with an essential question: How do we harness the - [The Triumph of Trump Unlikely to Upset the Oil Market’s Apple Cart Through 2025-Rystad Energy](https://africaoilgasreport.com/2024/11/in-the-news/the-triumph-of-trump-unlikely-to-upset-the-oil-markets-apple-cart-through-2025-rystad-energy/) - Victory for Donald Trump is unlikely to alter the structural tipping points in oil markets for 2025, according to Rystad Energy’s oil market update from Mukesh Sahdev, the consulancy’s Global Head of Commodity Markets – Oil. There are three key trends to watch. But before that analysis, "Oil prices have yet to show significant movement - [The Promising Prospectivity of the Benue Trough as a Petroleum Province](https://africaoilgasreport.com/2024/11/geosciences/the-promising-prospectivity-of-the-benue-trough-as-a-petroleum-province/) - Geoscientists have identified 10 Cretaceous sedimentary basins in Nigeria. One of them, the Dahomey Basin, is located along the coastal frame in the country’s southwest. The remaining nine (9) are onshore systems. All of these basins have either proved to be active petroleum systems, or have the potential to prove the presence of hydrocarbons especially - [Sasol Discovers New Gas in Mozambique](https://africaoilgasreport.com/2024/11/oil-patch-sub-sahara/sasol-discovers-new-gas-in-mozambique/) - By Toyin Akinosho, in Cape Town The Mozambican government has announced a natural gas discovery in the Inhambane Province in the south of the country. The new find is the result of the first well, drilled by Sasol, the South African synfuels giant, in the Pande and Temane onshore area (PT5-C), located in the Mozambique - [The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity](https://africaoilgasreport.com/2024/11/power-deficit/the-ethiopia-kenya-electricity-highway-is-shaping-regional-connectivity/) - The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. This vision of a shared energy future runs for 1,045 km between Wolayta-Sodo in Ethiopia and Suswa in Kenya. It enables both countries to pool resources, hydroelectricity from - [Use it or lose it: The ongoing challenge of the drilling contractor!](https://africaoilgasreport.com/2024/11/farm-in-farm-out/use-it-or-lose-it-the-ongoing-challenge-of-the-drilling-contractor/) - Possible merger speculations between Transocean and Seadrill may not seem so far-fetched given the current market situation: will the Noble take-over of Diamond Offshore set off a further flurry of rig owner consolidations and mergers? The Transocean and Seadrill merger has a very strong upside for the Angolan and West African offshore market. Sonadrill, a - [Nigeria’s New ‘No Subsidy’ Regime: Traders Express Cautious Optimism](https://africaoilgasreport.com/2024/10/in-the-news/nigerias-new-no-subsidy-regime-traders-express-cautious-optimism/) - By Macson Obojemuinmoin, Lagos The key players in Nigeria’s petroleum product sales market were in a “cautious optimism” mode yesterday as the largest downstream conference kicked off in Lagos, the country’s commercial heartland. In a marked departure from last year’s edition, when participants sucked up to the state hydrocarbon company NNPC Ltd,), the comments on - [Invitation for Expression of Interest in the Construction of the 4.6km Ogbele Access Road](https://africaoilgasreport.com/2024/10/tenders/invitation-for-expression-of-interest-in-the-construction-of-the-4-6km-ogbele-access-road/) - PARTNER CONTENT INTRODUCTION Aradel Energy Limited (www.aradel.com) operator of the Ogbele Field invites interested companies with relevant project/construction experience, to make a submission of an expression of interest in the execution of the construction of the 4.6km Ogbele access road. SCOPE OF WORK The scope of work is to construct a 4.6km reinforced concrete-paved dual - [Nigeria’s Power Minister Survives Cabinet Reshuffle, Despite Poor Performance](https://africaoilgasreport.com/2024/10/power-deficit/nigerias-power-minister-survives-cabinet-reshuffle-despite-poor-performance/) - By Lukman Abolade, Senior Correspondent Nigeria's Minister of Power, Adebayo Adelabu, has managed to survive a cabinet reshuffle by President Bola Tinubu despite evident underperformance. In a press statement on October 23, 2024, Tinubu dismissed five ministers, originally appointed 17 months ago to advance his “Renewed Hope” agenda. The President let go Uju Kennedy-Ohanneye (Women - [NNPC’s Refineries Cannot Deliver Clean Diesel for Now](https://africaoilgasreport.com/2024/10/refining-gap/nnpcs-refineries-cannot-deliver-clean-diesel-for-now/) - By Marshal Gungubele, in Warri Nigeria’s state hydrocarbon company NNPC Ltd’s three refinery complexes, currently undergoing turn around maintenance (TAM), will not be producing diesel with sulphur content less than 1,500parts per million (1,500ppm) when they are commissioned. This is way above the quantity of sulphur content in the regulation, even for local refiners. The - [Scatec Aims for Less than 15% Interest in Three South African Solar Plants](https://africaoilgasreport.com/2024/10/energy-transition/scatec-aims-for-less-than-15-interest-in-three-south-african-solar-plants/) - Norwegian player Scatec ASA, will reduce its interest in three South African solar plants to less than 15% each, when it completes the second phase of divestment from the facilities in 2025. Scatec expects the second phase of the divestment to close in the first half of 2025 when its economic interest will be further - [Egypt Hikes Petrol Prices “Gently” for the Third Time in 2024](https://africaoilgasreport.com/2024/10/downstream/egypt-hikes-petrol-prices-gently-for-the-third-time-in-2024/) - By Fancy Jengboran, in Cairo Egypt is trying to remove subsidy on petroleum products by incremental increase in prices. The latest price increase, announced October 15, 2024, bolsters fuel prices by between 8% and 17%. In the new prices, the cost of a litre of Diesel, the country’s most demanded petroleum product, rose by 17.4% - [Chevron’s New Discovery is Mostly Gas; Appraisal is a Distant Possibility](https://africaoilgasreport.com/2024/10/oil-patch-sub-sahara/chevrons-new-discovery-is-mostly-gas-appraisal-is-a-distant-possibility/) - By Toyin Akinosho, Publisher, in Lagos Chevron Nigeria’s recently announced discovery of 690feet gross hydrocarbon pay consists of lots of gas and a thin oil rim, the Africa Oil+Gas Report has learned. The find was made in the course of the drilling of the shallow offshore Meji NW-1 well, located in the prolific Oil Mining - [The Future of Gas, Nigerian Economy and the Global Energy Transition](https://africaoilgasreport.com/2024/10/gas-commercialisation/the-future-of-gas-nigerian-economy-and-the-global-energy-transition/) - Energy has always been in transition from very early days when the predominant sources of energy were mainly Manpower, Animal fats, Paraffin, Coal and more recently Oil and Gas. Over time, we continue to witness energy transition in action, as we alter our preferences for different sources of energy, on account of economic, environmental, social, - [Nigeria’s Oil & Gas Revenue Slips by 14% in 2023](https://africaoilgasreport.com/2024/10/gas-monetization/nigerias-oil-gas-revenue-slips-by-14-in-2023/) - By Adeniyi Adeoloye The Nigerian Government earned $30.852Billion from the upstream oil industry in 2023, a 13.7% drop from $35.772Billion it recorded in 2022. The 2023 oil and gas industry audit report by the Nigeria Extractive Industries Transparency Initiate (NEITI) attributed the decline, in large part, to reduced oil price in the year and the - [Aradel Lists on NSE, at a Market Cap of  Close to $2Billion](https://africaoilgasreport.com/2024/10/farm-in-farm-out/aradel-lists-on-nse-at-a-market-cap-of-close-to-2billion/) - By Macson Obojemunimoin Aradel Holdings, the company formerly known as Niger Delta E&P, is listing at the Nigerian Stock Exchange on Monday, October 14, 2024. It will be the third Nigerian homegrown oil and gas producer, to be a publicly listed company, after Oando and Seplat. The move follows the approval given by the company’s - [Brass Fertilizer’s Signed Offtake will Expand Nigeria’s DomGas Market By 15%](https://africaoilgasreport.com/2024/10/gas-monetization/brass-fertilizers-signed-offtake-will-expand-nigerias-domgas-market-by-15/) - By Marshal Gungubele The Gas Sale and Purchase Agreement (GSPA) between SPDC JV and Brass Fertilizer and Petrochemical Company Limited (BFPCL) for 270Million standard cubic feet of gas per day gas offtake, will expand Nigeria’s domestic gas market by 15%, if the project takes off today. The year to date sale of natural gas in - [NNPC to Produce 1.8 Million Litres of PMS from the “Smaller” Port Harcourt Refinery for Now](https://africaoilgasreport.com/2024/10/refining-gap/nnpc-to-produce-1-8-million-litres-of-pms-from-the-smaller-port-harcourt-refinery-for-now/) - Meshak Mejebi, in Warri The two refineries in NNPC’s Refinery complex in Port Harcourt, in eastern Nigeria, will produce 9.8Million Litres of gasoline every day, when the plants become operational, according to updates from the technical staff on ground. In the next several weeks however, only 1.8Million Litres per day of gasoline will be delivered - [First Set of Coated Pipes Arrive for East Africa’s Crossborder Oil Pipeline Project](https://africaoilgasreport.com/2024/10/in-the-news/first-set-of-coated-pipes-arrive-for-east-africas-crossborder-oil-pipeline-project/) - The first set of coated pipes for the East African Crude Oil Pipeline (EACOP) project has arrived at the Main Camp and Pipe Yard (MCPY) of the China Petroleum Pipeline Engineering Co. Ltd, in Uganda’s Kyotera District. The pipes were trucked from the coating and insulating plant in Tanzania, the southeastern neighbour. They will be - [Sonangol Inks Green Hydrogen Deal for Ammonia Production](https://africaoilgasreport.com/2024/10/energy-transition/sonangol-inks-green-hydrogen-deal-for-ammonia-production/) - Angola’s state hydrocarbon company Sonangol has signed an agreement with three European firms for the development of the Barra do Dande green hydrogen project in the southwest African country. The firms include Conjuncta, a German investment company; CWP Global, a renewable energy developer which is already active in Morocco and Namibia and Gauff, a German - [Chevron will Bolster its Feedstock Supply to the Angola Liquefied Natural Gas Plant](https://africaoilgasreport.com/2024/10/in-the-news/chevron-will-bolster-its-feedstock-supply-to-the-angola-liquefied-natural-gas-plant/) - US major Chevron says it will supply 600Million standard cubic feet of gas per day to the Angola LNG (ALNG) facility by the end of the year. Energy Capital & Power, organisers of the Angola Oil & Gas Conference, quotes Chevron’s top man in the country as saying that the Sanha-Lean Gas Connection (SLGC) Project - [Shell Nigeria in Increased Output, Lower Government Taxes](https://africaoilgasreport.com/2024/10/in-the-news/shell-nigeria-in-increased-output-lower-government-taxes/) - UK major Shell produced more Nigerian crude oil and gas in 2023, but it paid lower corporate taxes and royalties to the state during the period. Shell Petroleum Development Company (SPDC), which operates 18 Oil Mining Leases onshore and shallow offshore, reported an increase to 290,000barrels of oil equivalent per day in 2023, from 267,000BOEPD - [Mozambique Approves $200Million Pemba Port Concession for Oil &Gas Operations](https://africaoilgasreport.com/2024/10/in-the-news/mozambique-approves-200million-pemba-port-concession-for-oil-gas-operations/) - The Mozambican government has approved the concession of the Pemba Port and Logistics Terminal in the gas-rich Cabo Delgado Province in the north of the country. The concession is awarded to a consortium named Sociedade Pemba Bulk Terminal Limitada, in a transaction valued at $220Million. The government hopes that the consortium, which comprises of CD - [Eight Nigerian Refineries Demand  Less than 600,000 Barrels Per Day of Crude, Regulator Forecasts in a Report](https://africaoilgasreport.com/2024/10/refining-gap/eight-nigerian-refineries-demand-less-than-600000-barrels-per-day-of-crude-regulator-forecasts-in-a-report/) - By Adeniyi Adeoloye The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has listed eight (8) refineries as functional in the country. Their total nameplate capacity in barrels per stream day (BPSD) totals 864,500BPSD, the regulator says in a report. But their total required feedstock forecast for second half of the year 2024 averages 582,750 barrels (bbls) - [Off With Their Head(s): the politics of Mozambique LNG](https://africaoilgasreport.com/2024/10/gas-monetization/off-with-their-heads-the-politics-of-mozambique-lng/) - The expression “Off with Their Head(s)”, best illustrated in Lewis Carroll’s Alice in Wonderland, has taken on a new meaning. Alex Perry’s “All Must be Beheaded” featured in Politico’s September 26, 2024 edition, features an in-depth coverage of the politics of Mozambique LNG. A story of atrocities, torture, rape and mass killings-- and wittingly or unwittingly involving - [The “After Exxon” Begins New Oil and Gas Chapter for Equatorial Guinea](https://africaoilgasreport.com/2024/10/in-the-news/the-after-exxon-begins-new-oil-and-gas-chapter-for-equatorial-guinea/) - OPINION PIECE As new operator of the highly potential Zafiro field, GEPetrol is pursuing plans to increase the field’s production ExxonMobil has concluded its operations in Equatorial Guinea after almost three decades, fulfilling its intention, stated in 2022, to leave when its licenses expired. The departure of the American giant marks the close of a - [Super Mario: Draghi’s Euro Plan May Re-Ignite a Stalled Energy Transition](https://africaoilgasreport.com/2024/09/energy-transition/super-mario-draghis-euro-plan-may-re-ignite-a-stalled-energy-transition/) - “Super Mario”Draghi has presented his long-anticipated blue print entitled “The Future of European Competitiveness” on how the European Union should proceed in order to remain internationally competitive and pursue its green transition for the coming decades. Draghi was most recently Premier of Italy (2021-2022) and the former Chairman of the European Central Bank (ECB), 2011-2019... - [Petrel Continues its Dominance of the Geoscience Work Room](https://africaoilgasreport.com/2024/09/in-the-news/petrel-continues-its-dominance-of-the-geoscience-work-room/) - By Toyin Akinosho, Publisher SLB's seismic interpretation software has been a crucial tool for the earth science community in the last 20 years Until the early years of the 21st century, SLB's visibility in geosciences interpretation had far more to do with its edge in wireline products, than any other part of the subsurface ecosystem. - [Dangote Admits He’s Not an Upstream Player](https://africaoilgasreport.com/2024/09/in-the-news/dangote-admits-hes-not-an-upstream-player/) - By Lukman Abolade, Senior Correspondent, in Lagos Aliko Dangote, the chairman and CEO of the Dangote Group, has admitted to what has been a lingering suspicion among the technical elite of the Nigerian hydrocarbon industry: he is a super businessman who has built a monstrously large midstream facility, but his heart is not in the - [There is No More ‘Marginal Field Bid Round’ in Nigeria, again. It is, simply: ‘Bid Round’](https://africaoilgasreport.com/2024/09/farm-in-farm-out/there-is-no-more-marginal-field-bid-round-in-nigeria-again-it-is-bid-round-simplicita-and-it-is-official/) - By Macson Obojemuinmoin After we got a call from a ranking earth scientist at one of the oil majors, asking us: “When is the next marginal bid round likely”?, Africa Oil+Gas Report knew it had to reiterate this fact: in the official lexicon, there is nothing called ‘marginal field’, oil or gas, anymore in Nigeria, - [Why Dangote Has Been Silent About LPG Supply](https://africaoilgasreport.com/2024/09/downstream-gas/why-dangote-has-been-silent-about-lpg-supply/) - Dangote Refinery was very upfront about introducing Liquefied Petroleum Gas (LPG) into the Nigerian market, when it started to issue press statements, in late December 2023 and early January 2024, about the imminent commissioning of the facility. In one of those press releases, the company declared: “Once the 6Million barrels (of crude oil, (meaning feedstock) - [SAPETROs New MD is Another Shell Alumnus](https://africaoilgasreport.com/2024/09/in-the-news/sapetros-new-md-is-another-shell-alumnus/) - The Nigerian independent SAPETRO has appointed another Shell Alumnus as its Managing Director. Chukwuemeke Anabogu, who succeeds the late Toyin Adenuga, is the fourth consecutive former Shell employee-in 15 years- to take the reins of the company founded by TY Danjuma, the retired army general. Mr. Anabogu’s job is important, if only for the sheer - [World Bank Led Summit for Powering  300Million Africans to Convene in Dar es Salam](https://africaoilgasreport.com/2024/09/energy-transition/world-bank-led-summit-for-powering-300million-africans-to-convene-in-dar-es-salam/) - By Marshal Gungubele, in Windhoek A summit on Mission 300, an initiative aimed at raising $90Billion to provide electricity to 300Million Africans by 2030, is scheduled for Dar es Salaam, Tanzania, in January 2025. The World Bank and the African Development Bank (AfDB) have committed $25Billion and $5Billion respectively to the plan. Additional fundraising is expected - [Yet Another Potential Failure](https://africaoilgasreport.com/2024/09/farm-in-farm-out/yet-another-potential-failure/) - On August 27, 2024 Businessday, the Nigerian Financial daily, reported that the Nigerian Upstream Petroleum Regulatory Commission NUPRC, had rejected the agreement by Shell and Renaissance African Energy on the ongoing negotiation on the transfer of shares of Shell in the Onshore Assets of Shell-NNPCL Joint Venture to free Shell to concentrate on Deepwater offshore - [Scatec signs PPA for 1,000MW: Egypt’s First Hybrid Solar and Battery Project](https://africaoilgasreport.com/2024/09/energy-transition/scatec-signs-ppa-for-1000mw-egypts-first-hybrid-solar-and-battery-project/) - The Norwegian developer Scatec has signed a US Dollar denominated 25-year power purchase agreement (PPA) with Egyptian Electricity Transmission Company (EETC) for a 1,000MW solar and 100 MW/200 MWh battery storage hybrid project in Egypt, the first of its kind in the country. “This will be the first hybrid solar and battery project in Egypt - [Energean Hits a Duster in Morocco](https://africaoilgasreport.com/2024/09/oilpatch-sahara/energean-hits-a-duster-in-morocco/) - London listed Energean Oil &Gas, which pulled out of Egypt and other countries to concentrate, in part, on Morocco, has derailed badly in its first operation in the Northwest African kingdom. Its exploration target in the appraisal well, Anchois-3, has been a spectacular disappointment, with the prognosed gas bearing reservoirs turning out to be water - [Angola Pushes 14% More LPG into Homes, Industries](https://africaoilgasreport.com/2024/09/downstream-gas/angola-pushes-14-more-lpg-into-homes-industries/) - Angola is investing in delivery of more Liquefied Petroleum Gas (LPG), as butane sold into homes for cooking. The country is also encouraging the product’s take up in the industrial sector for use in furnaces and for drying processes. Angola’s cooking gas demand grew slightly from 447,000 Tonnes Per Annum (TPA) in 2022 to more - [Uganda International Oil & Gas Summit 2024](https://africaoilgasreport.com/2024/09/events/uganda-international-oil-gas-summit/) - SAVE THE DATE: 26-27 NOVEMBER 2024 We are delighted to announce that the dates have been confirmed for the 2024 edition of the Uganda International Oil & Gas Summit (UIOGS), returning to Kampala from the 26-27 November at the Four Points by Sheraton Hotel. Returning for the 9th edition, UIOGS provides a unique opportunity to engage face-to-face with - [ENI Thrives Most in Egypt…It’s in a Renewal Phase in Cote D’Ivoire and Stuck in Nigeria.](https://africaoilgasreport.com/2024/09/in-the-news/eni-thrives-most-in-egyptits-on-a-renewal-in-cote-divoire-and-stuck-in-nigeria/) - By Toyin Akinosho, Publisher Italian explorer ENI’s 2023 hydrocarbon output in Egypt amounted to 318,000Barrels Of Oil Equivalent Per Day (BOEPD), the highest volume of hydrocarbon it produced in any of the 10 African countries where it has production. Even with the Zohr gas field in sharp decline, North Africa’s largest economy is still an - [Tender for Mozambique’s  Solar+ Battery Projects to Close on  September 13, 2024](https://africaoilgasreport.com/2024/07/tenders/tender-for-mozambiques-solar-battery-projects-to-close-on-september-13-2024/) - Mozambique’s Ministry of Mineral Resources and Energy (MIREME) has announced an initiative to support decentralized utility solar photovoltaic (PV) and battery energy storage system (BESS) projects to be implemented by Independent Power Producers (IPP) across several provinces. The Autoridade Reguladora de Energia (ARENE), which will oversee the tender process, will select two experienced IPPs through - [Cote d’Ivoire Poised for a Return After A 20 Year Freeze](https://africaoilgasreport.com/2024/09/kickstarter/cote-divoire-poised-for-a-return-after-a-20-year-freeze/) - By Toyin Akinosho I arrived Félix-Houphouët-Boigny International Airport at 3am, in the morning, looking forward to seeing the lay of the land in the next several days and talking to a number of people about the looming hydrocarbon boom. It had been 24 years since my last visit. This early May 2024 trip had been - [Equinor: Serving two Masters and Choosing None?](https://africaoilgasreport.com/2024/09/energy-transition/equinor-serving-two-masters-and-choosing-none-2/) - Can an oil and gas major follow the wishes of two masters-oil and gas and renewables? Predictably very mixed results with lessons for energy transition followers. The Present Situation Equinor’s capex for 2024 is $13Billion and up to 2035 the company is expected to spend a total of $66Billion on oil and gas, between $5.7-6.6Billion - [With the Olos in the Bag, Aradel Heads to a Multi-Field Cluster Development](https://africaoilgasreport.com/2024/09/refining-gap/with-the-olos-in-the-bag-aradel-heads-to-a-multi-field-cluster-development/) - Aradel Holdings’ conclusion of a sale and purchase agreement to acquire 100% interest in the Olo and Olo West Marginal Fields has increased the company’s portfolio to four operated, stand-alone hydrocarbon fields, outside of the exploratory tract: Oil Prospecting Lease (OPL) 227. The fields are: Ogbele, Omerelu, Olo and Olo West fields, all located onshore - [Africa’s Transition Agenda Emerges More in Default, than as a Strategic Plan](https://africaoilgasreport.com/2024/09/energy-transition/africas-transition-agenda-emerges-more-in-default-than-as-a-strategic-plan/) - Egypt wants to play big in the Hydrogen market. Namibia is on course of hosting a vast Hydrogen facility. South Africa keeps the leadership in grid-connected renewable energy plants. Morocco will provide solar power to Europe. There are minuscule, off grid renewable energy plants in Ghana. And Nigeria, at most, hosts less than 100MW of - [State Owned Energy Firms Remain Mozambique’s Largest Cash Cows](https://africaoilgasreport.com/2024/09/in-the-news/state-owned-energy-firms-remain-mozambiques-largest-cash-cows/) - By Sully Manope, in Windhoek Mozambique’s state power company, Cahora Bassa Hydroelectric (HCB) Plant, delivered the highest monetary value of dividends to the country’s coffers in the first half of 2024. Its $83Million contribution during the period was far ahead of the inflow from the runner up: the state hydrocarbon company Empresa Nacional de Hidrocarbonetos - [Kareem Has “Delivered” on Refinery Overhaul, Takes Charge of NNPC’s Pipeline and Storage](https://africaoilgasreport.com/2024/09/petroleum-people/kareem-has-delivered-on-refinery-overhaul-takes-charge-of-nnpcs-pipeline-and-storage/) - Folorunso Kareem, the Nigerian geologist who was moved from upstream work (as Asset Manager at NPDC, the operational arm of the NNPC) to the job of Manager, Refinery, to oversee the ongoing turn around maintenance of the four NNPC refineries, has been promoted to Managing Director, Pipeline and Storage. He will still be reporting to - ['We Can not Stall This Industry with Briefcase Contractors'](https://africaoilgasreport.com/2024/09/c-suite-series/we-cannot-stall-this-industry-with-briefcase-contractors/) - In the first of a two part interview with Africa Oil+Gas Report, Ademola Adeyemi Bero, founder & Chief Executive of First E& P Ltd., spoke about the company’s journey from purchasing undeveloped, mid-sized fields from Chevron in Nigeria; delivering first oil in the space of five years and planning the country’s first shallow offshore natural gas hub. - [The Orange Basin, Deepwater Namibia – What’s Going on with Its Resources, Reserves and Future Production of Natural Gas?](https://africaoilgasreport.com/2024/09/oil-patch-sub-sahara/the-orange-basin-deepwater-namibia-whats-going-on-with-its-resources-reserves-and-future-production-of-natural-gas/) - The social media have recently featured articles titled “Has the Glow Gone Yonder from Namibia’s Orange Basin” and “Is Deepwater Namibia a Balloon on the Brink of Bursting”? Such headlines and the contents of the articles, have led to oil industry analysts, including myself, asking: “Whatever is going on in deepwater Namibia?”. A few weeks - [Libya’s Output likely to Slip Below 1MMBOPD, With New Renewed Clashes](https://africaoilgasreport.com/2024/08/in-the-news/libyas-output-likely-to-dip-below-1mmbopd-with-new-renewed-clashes/) - By Mohammed Jetutu, North African Correspondent, in Cairo A growing dispute over who should appoint the key operatives of the National Oil Corporation (NOC), the state hydrocarbon company, is threatening a downward pressure on Libya’s crude oil output. This tussle, which has involved the kidnapping of Central Bank officials, is precipitated by heated arguments around - [Apache Makes  a “Large“ Oil Discovery in Egypt](https://africaoilgasreport.com/2024/08/oilpatch-sahara/apache-makes-a-large-oil-discovery-in-egypt/) - By Mohammed Jetutu, in Cairo Khalda Petroleum Company, the joint venture between the American independent Apache (APA Corp.) and the Egyptian General Petroleum Corporation (EGPC), has announced a new oil discovery in West Fewebs-1 in the Kalabsha Development Area of the Egyptian Western Desert. The well “was tested by drilling 270 feet into the Paleozoic - [AFC Will Co- Fund Blackrose’s Methanol Plant in S.E. Niger Delta](https://africaoilgasreport.com/2024/08/gas-monetization/afc-will-co-fund-blackroses-methanol-plant-in-s-e-niger-delta/) - By Macson Obojemuinmoin Africa Finance Corporation (AFC) is arranging a project development facility to support a gas to methanol project in Akwa Ibom, in the prolific southeastern part of Nigeria’s Niger Delta. The venture is led by Blackrose, a project development and investment firm, and co-developed with the International Finance Corporation (IFC), the private sector - [Egypt Approves Plans for Up to 4, 000MW Solar Power Generation](https://africaoilgasreport.com/2024/08/energy-transition/egypt-approves-plans-for-up-to-4-000mw-solar-power-generation/) - By Otoo Oboe, Associate Editor The Egyptian Cabinet has approved the procedures to install a solar project by a consortium involving Masdar, a UAE based group and Hassan Allam Utilities of Egypt and Infinity Power, a subsidiary of Masdar which runs as an Africa focused independent. The facility will have a capacity of 1,200MW of - [NNPC Claims a Y-o-Y Naira Profit Surge  in a Volatile Forex Regime, Drowned in debt from Forward Sales Agreements](https://africaoilgasreport.com/2024/08/in-the-news/nnpc-claims-a-y-o-y-naira-profit-surge-in-a-volatile-forex-regime-drowned-in-debt-from-forward-sales-agreements/) - By Lukman Abolade, Senior Correspondent Nigeria’s state hydrocarbon company NNPC Limited released its annual report and financial statement for the year 2023 in mid August 2024, exactly three years to the date it released its 2020 report, which it had cited as its first audited financial statement in 47 years. It maintained the August date - [Uganda, Running Late, Insists First Oil Still Likely by 2025](https://africaoilgasreport.com/2024/08/in-the-news/uganda-running-late-insists-first-oil-still-likely-by-2025/) - By Toyin Akinosho, Publisher French major TOTAL and Chinese behemoth CNOOC (China National Offshore Oil Corporation), have only completed 72 out of the 437 wells expected to move things to commissioning stage in the Ugandan basin wide oilfield development project. 500kilometres of line pipes, about 35% of the quantity meant for the installation of the - [Kida Musa Adds Newcross Petroleum to His List of Board Seats](https://africaoilgasreport.com/2024/08/petroleum-people/kida-musa-adds-newcross-petroleum-to-his-list-of-board-seats/) - PARTNER CONTENT Ahmadu Kida Musa, the former Deputy Director (Deepwater operations) at TOTALEnergies in Nigeria, has joined Newcross Petroleum as an Independent Non-Executive Director. “Accepting this role was borne out of my passionate interest in the Pan-Ocean / New Cross Group's strategic objectives to upscale their operations within the Nigerian Oil and Gas space”, Musa - [NAMCOR Finally Sacks its CEO, Immanuel Mulunga](https://africaoilgasreport.com/2024/08/petroleum-people/namcor-finally-sacks-its-ceo-immanuel-mulunga/) - By Sully Manope, Southern Africa Correspondent, Windhoek Namibia’s state hydrocarbon company NAMCOR has finally terminated the contract of its Managing Director, Immanuel Mulunga. The decision followed the deliberations of a meeting of NAMCOR’s board of directors on August 8 2024, “which reviewed Mulunga’s misconduct involving unauthorized asset acquisitions, the Board resolved to terminate Mr. Mulunga’s - [The Gas Hub Is Going to be the Larger Part of FIRST E&P’s Business by 2030](https://africaoilgasreport.com/2024/08/in-the-news/the-gas-hub-is-going-to-be-the-larger-part-of-first-eps-business-by-2030/) - The Nigerian independent, FIRST E&P Limited, is in its 12th year of activity in Africa’s hydrocarbon landscape. It holds positions in five licences in Nigeria and is currently negotiating for one in Ghana. In the ranking of Africa Oil+Gas Report, FIRST E&P has been cited as one of the ‘Talented Tenth’ among Nigerian indigenous operators - [With FPSO Ready to Work, Ghana Inches Closer to its Fourth Oilfield Development](https://africaoilgasreport.com/2024/08/in-the-news/with-fpso-ready-to-work-ghana-inches-closer-to-its-fourth-oilfield-development/) - Partners on Ghana's Pecan field are furiously working to take Final Investment Decision (FID) and bring the field to production. The project has advanced, largely out of the gaze of the public, in the last six months. The Floating Production Storage and Offloading (FPSO), bought from Ocean Yield, is warm stacked in Sri Lanka, ready - [ExxonMobil, Again, Postpones FID for Moza’s Rovuma LNG Project](https://africaoilgasreport.com/2024/08/gas-monetization/exxonmobil-again-postpones-fid-for-mozas-rovuma-lng-project/) - By Sully Manope, Southern Africa correspondent, in Windhoek ExxonMobil has again announced the postponement of a Final Investment Decision (FID) on its proposed Liquefied Natural Gas (LNG) project in the Rovuma basin in northern Mozambique. The likely new date, this time, is 2026. Liam Mallon, president of ExxonMobil Upstream, informed Filipe Nyusi, the Mozambican President, - [Surace, Builder of Dangote Refinery, Takes Over Namibia’s $10Billion Hydrogen Project](https://africaoilgasreport.com/2024/08/petroleum-people/surace-builder-of-dangote-refinery-takes-over-namibias-9billion-hydrogen-project/) - Energy developer, Hyphen Hydrogen, has announced the appointment of Giuseppe Surace as its Chief Operating Officer (COO). The Italian engineer was most recently COO for six years at the Dangote Petrochemical Refinery, the world’s largest single-train refinery, where he provided strategic and operational leadership. The new job entails overseeing the $10Billion Green Hydrogen project, which Hyphen - [The Hydrogen (Energy) Value Chain: Coming Faster Than You Think!](https://africaoilgasreport.com/2024/08/energy-transition/the-hydrogen-energy-value-chain-coming-faster-than-you-think/) - Hyphen Hydrogen Energy’s announcement of the appointment of Giuseppe Surace to the position of Chief Operating Officer (COO) is perhaps the most important signal to date that a hydrogen value chain is emerging---big time! It could prove to be a game changer and a direct challenge to the LNG value chain. Most recently Giuseppe was - [First Oil Reported, though in “Trickle”, at Sibiri Field, by Seplat](https://africaoilgasreport.com/2024/08/in-the-news/first-oil-reported-though-in-trickle-at-sibiri-field-by-seplat/) - By Marshal Gungubele An important piece of information, hidden in plain sight in Seplat’s first half 2024 report, is the attainment of first oil on the Sibiri field in the Western Niger Delta. “Sibiri-1 and Sibiri-2 are onstream and producing at a combined rate of c.3,000Barres of Oil Per Day (gross)”, a sentence dryly notes - [Scatec Sells off Stakes in Sub-Saharan Africa, Pumps Money into Egypt’s  Renewables](https://africaoilgasreport.com/2024/08/energy-transition/scatec-sells-off-stakes-in-sub-saharan-africa-pumps-money-into-egypts-renewables/) - By Toyin Akinosho Norwegian developer Scatec is winding down in sub-Saharan Africa. It is selling down stakes in three renewable energy projects in South Africa, weeks after it sold the entire stake in its only plant in Rwanda and a full year after it sold out of a power plant in Mozambique. In the last - [Seplat Reports Improved Deferments, But Lower Output and a Slight Revenue Decline](https://africaoilgasreport.com/2024/08/in-the-news/seplat-reports-improved-deferments-but-lower-output-and-a-slight-revenue-decline/) - By Fred Akanni, in Lagos Seplat Energy’s revenue in the first half of 2024 (1H 2024), declined by 23% compared with corresponding figures in H1 2023, the company says in a recent release. The slip to $421.6Million is partly attributed to underlift of $55.8Million in 1H 2024, contrasted with overlift of $59.4Million in H1 2023 - [NNPC Is Stuck in the Nasarawa Well but is Evaluating the Borno Probe](https://africaoilgasreport.com/2024/08/oil-patch-sub-sahara/nnpc-is-stuck-in-the-nasarawa-well-but-is-evaluating-the-borno-probe/) - Drilling has been held up in Ebenyi-A in Nasarawa State, 12 months after the actual spud, and 16 months after an elaborate ritual, officially described as the “spudding event”, was performed at the well site. Nigeria’s state hydrocarbon company NNPC Ltd. Is having issues with the Top Drive System (TDS) of the rig, which is - [With Farm in Funding Assured, Recon Reports Progress on Wildcat Namibian Frontier Drilling](https://africaoilgasreport.com/2024/08/oil-patch-sub-sahara/with-farm-in-funding-assured-recon-reports-progress-on-namibian-drilling-seismic/) - By Sully Manupe, Windhoek Recon Africa’s Naingopo -1 well, the company's fourth wildcat probe in the vast frontier onshore Kavango (Etosha) Basin, has been drilled to a depth of 1,450 metres, with surface casing set at 350 metres and a first casing string set at 1,200 metres. Naingopo-1 is the first of Recon Africa’s wells - [GEIL’s 750,000Barrel Terminal, at Completion Stages: “Will Mitigate the Niger Delta’s Crude Evacuation Crisis”](https://africaoilgasreport.com/2024/08/in-the-news/geils-750kbd-terminal-at-completion-stages-will-mitigate-the-niger-deltas-crude-evacuation-crisis/) - By Marshal Gungubele The 750,000Barrels of Crude Oil Capacity Onshore Terminal under construction by Green Energy International (GEIL), the Nigerian independent, is rising above the ground, in Otakikpo, eastern Nigeria. It has been only nine months since the foundation of the project was laid in October 2023 and CAKASA, the EPC contractor, is on track - [Hits & Misses; Independents in the Age of The Small](https://africaoilgasreport.com/2024/08/kickstarter/hits-independents-in-the-age-of-the-small/) - By Toyin Akinosho Nationalism and ‘pretenses of nationalism’ ensured the failure of asset acquisitions by three ambitious independents in Chad, Cameroon, Gabon and Nigeria between 2021 and 2024. The most recent case was in Gabon, where a new government, taking power in the midst of the approval process for Maurel et Prom (M&P)’s purchase of - [The energy transition: a status update](https://africaoilgasreport.com/2024/08/energy-transition/the-energy-transition-a-status-update/) - How must we understand the information flow being generated by the energy transition: both from new energy as well as the traditional oil and gas sectors? In many cases too much information and too little insight into the big picture. Yet there is sufficient evidence to see that in our lifetime a seismic shift is - [China Furthers Discussion on Installing a10GW Solar Power Plant in Egypt](https://africaoilgasreport.com/2024/07/energy-transition/china-furthers-discussion-on-installing-a10gw-solar-power-plant-in-egypt/) - By Mohammed Jetutu, in Cairo Mahmoud Esmat, Egypt’s new Electricity and Renewable Energy Minister, has met with senior officials from State Grid Corporation, the Chinese state-owned electric utility, to further review a planned 10,000MW (10GW) solar project between the Egyptian Electricity Transmission Company and China Electric Power Equipment and Technology (CET) — a wholly-owned subsidiary of State - [ENI Plans a Multi Well Campaign for Moza’s Coral North FLNG Feedstock](https://africaoilgasreport.com/2024/07/oil-patch-sub-sahara/eni-plans-a-multi-well-campaign-for-mozas-coral-north-flng-feedstock/) - Italian explorer ENI, will drill up to six wells, beginning from mid-2025, to access the feedstock for its planned Coral North Floating Liquefied Natural Gas (FLNG) project in the deep waters off Mozambique. The drilling campaign will include completion and testing operations. Coral North FLNG is proposed to be a “twin” of Coral South FLNG, - [Savannah Moves Renewable Energy Projects Away from Chad](https://africaoilgasreport.com/2024/07/energy-transition/savannah-moves-renewable-energy-projects-away-from-chad/) - By Marshal Gungubele, Lagos Expects to have up to 1000MW+ of renewable energy projects in motion-in Africa- by end 2024 Smarting from the nationalisation of the assets it purchased from ExxonMobil in Chad, the UK listed Savannah Energy has decided to pull back from its planned investment in renewable energy in the country. “The 500 - [TOTAL Gives Up On South Africa?](https://africaoilgasreport.com/2024/07/farm-in-farm-out/total-gives-up-on-south-africa/) - By Sully Manope, in Windhoek French major TOTAL has exited the Blocks 11B/12B, which contains the large Brulpadda and Liuperd discoveries in deepwater South Africa. It has also given up its stakes in Block 5/6/7 in the same country. Europe’s largest hydrocarbon producer had struggled to monetise the Brulpadda (Bullfrog) and Liuperd (Leopard) accumulations, which - [Perenco Starts a  Gas Processing Plant for Industries  in Cameroon](https://africaoilgasreport.com/2024/07/gas-monetization/perenco-starts-a-gas-processing-plant-for-industries-in-cameroon/) - By Macson Obojemuinmoin, in Douala Perenco SA, the largest independent producer of oil and gas in Africa, has commissioned its first gas-to-industry supply project in in Cameroon. The Bipaga Gas Processing Centre will utilise natural gas from the Sanaga South field, and start by supplying Keda Cameroon Ceramics Ltd, a Chinese owned tile factory. The - [Chinese Shipyard to Build  the FPSO for Angola's First Deepwater Kwanza Basin Development](https://africaoilgasreport.com/2024/07/in-the-news/chinese-shipyard-to-build-the-fpso-for-angolas-first-deepwater-kwanza-basin-development/) - Saipem has awarded the contract for a floating production, storage and offloading FPSO vessel for TOTALEnergies’ $6Billion Kaminho project. China Merchants Heavy Industry (CMHI) will convert a very large crude carrier into an FPSO at its Nantong facility in Jiangsu province, integrating it with a subsea production network, and hull-topsides commissioning. The facility will feature - [Engie’s 75MW Grootspruit  Solar Project Begins Construction in South Africa](https://africaoilgasreport.com/2024/07/energy-transition/engies-75mw-grootspruit-solar-project-begins-construction-in-south-africa/) - French independent power producer, Engie, has commenced construction of one of two new solar plants in South Africa, partnering with Johannesburg based Pele Green Energy. The 75 Megawatt Grootspruit solar plant is located in the Free State, in the centre of the country. The second project, the 75 MW Graspan solar PV plant, will be - [Seplat Plans Fewer Wells in 2024 Than 2023](https://africaoilgasreport.com/2024/07/oil-patch-sub-sahara/seplat-plans-fewer-wells-in-2024-than-2023/) - Seplat Energy, Africa’s largest homegrown independent, plans to drill 13 new wells in 2024, compared with the fourteen new wells “across our operated and non-operated assets” it completed in 2023. That, the company says, is “meeting our revised targets for the year”. The drilling campaign will be funded from part of the Capital expenditure for - [TGS Strengthens Monopoly of Provision of  Multi Client Data in Mauritania](https://africaoilgasreport.com/2024/07/oilpatch-sahara/tgs-strengthens-monopoly-of-provision-of-multi-client-data-in-mauritania/) - The Norwegian geophysical firm, TGS, has signed an agreement with Mauritania’s Ministère du Pétrole, des Mines et de l’Énergie which strengthens its position as sole provider of Mult Client subsurface data for oil and gas exploration and evaluation in the Northwest African country. The agreement allows TGS “to integrate, enhance and license additional subsurface data, - [‘They Came to Our Rescue: NNPC Made First Oil Happen for Us’ - First E&P](https://africaoilgasreport.com/2024/07/in-the-news/they-came-to-the-rescue-nnpc-made-first-oil-happen-for-us-first-ep/) - By Akpelu Paul Kelechi & Lukman Abolade The Nigerian state hydrocarbon company, NNPC Ltd, is often derided for not paying cash calls (its share) on time for its JV partner-led E&P projects. It has missed its own deadlines for delivering on refinery overhauls and construction of grid length gas pipelines. As a rule, the upstream - [Saipem Wins Contract to Manage the Libya-Italy Undersea Gas Pipeline](https://africaoilgasreport.com/2024/07/gas-monetization/saipem-wins-contract-to-manage-the-libya-italy-undersea-gas-pipeline/) - Saipem has been awarded a contract to ensure the supervision and the subsea intervention services of the GreenStream pipeline throughout the offshore and onshore sections at the Mellitah (Libya) and Gela (Sicily, Italy) terminals. The new contract, awarded by GreenStream BV, one of the leading midstream players in the Mediterranean Sea, merges the activities that - [d.light Receives $176Million Financing to Scale Up Solar Powered Products in East Africa](https://africaoilgasreport.com/2024/07/energy-transition/d-light-receives-176million-financing-to-scale-up-solar-powered-products-in-east-africa/) - d.light has announced the closing of a new securitization facility that will purchase $176Million of receivables in Kenya, Tanzania and Uganda. The new financing is being provided by social impact-focused asset management company African Frontier Capital. d.light says it will use the facility to scale up its PayGo consumer finance offering to make solar-powered products - [With TOTALEnergies’ Purchase, Chappal Clinches the Second Set of E& P Assets in Niger Delta](https://africaoilgasreport.com/2024/07/farm-in-farm-out/with-totalenergies-purchase-chappal-clinches-the-second-set-of-e-p-assets-in-niger-delta/) - By Marshal Gungubele, in Lagos The Nigerian E&P independent Chappal Energies has again been announced as the beneficiary of a divestment of upstream assets by a major European company. Seven months after the news broke, of the sale of Equinor Nigeria Energy Company (ENEC) to the company, TOTALEnergies has announced the sale of 10% of - [ReconAfrica Spuds the Naingopo-1, Targets the ‘Damara Fold’ in Namibian Wildcat](https://africaoilgasreport.com/2024/07/oil-patch-sub-sahara/reconafrica-spuds-the-naingopo-1-targets-the-damara-fold-in-namibian-wildcat/) - Canadian minnow, ReconAfrica has finally spud the long awaited Naingopo (Prospect L), its second seismically defined well in the onshore Kavango Basin, in Namibia’s northeast. It is also the first of the company’s four wells so far, that will primarily target the Damara Fold Belt. The earlier three wells had focused on drilling the so-called - [Norwegian Player Moves to Grab a Piece of ReconAfrica](https://africaoilgasreport.com/2024/07/farm-in-farm-out/norwegian-player-moves-to-grab-a-piece-of-reconafrica/) - Oslo headquartered BW Energy has signed a Letter Agreement with Reconnaissance Energy Africa Ltd (ReconAfrica) to acquire approximately 16.8Million common shares and 16.8Million warrants for a total consideration of $16Million in ReconAfrica’s announced equity raise. By participating in the equity raise, BW Energy will also receive a 20% non-operating interest in the onshore Petroleum Exploration - [The Deep Blue Project is Working, but There’s More to Do to Maximize Value](https://africaoilgasreport.com/2024/07/in-the-news/the-deep-blue-project-is-working-but-theres-more-to-do-to-maximize-value/) - In the first of a two part interview, IROGHAMA OGBEIFUN, Chief Executive Officer (CEO) of Starzs, the Maritime logistics company, advocated against incentives that confer advantages on foreign flagged vessels over those owned by Nigerian companies; she lamented the lack of benefits accruing to the maritime sector so far from the implementation of the Petroleum - [Angola Plans to Offer 10 More Blocks in 2025 Bid Round](https://africaoilgasreport.com/2024/07/farm-in-farm-out/angola-plans-to-offer-10-more-blocks-in-2025-bid-round/) - Angola has joined Egypt in perennial offloading of acreages on the market. The country’s National Oil, Gas & Biofuels Agency (ANPG) has announced it will launch a limited tender in Q1 2025, offering 10 blocks in the Kwanza and Benguela Basins – including five marginal fields ­–described as a first for the country by the - [South Africa’s Mantashe Has “Lost” the Energy Portfolio, Will He Be a Better Petroleum Minister?](https://africaoilgasreport.com/2024/07/petroleum-people/south-africas-mantashe-has-lost-the-energy-portfolio-will-he-be-a-better-petroleum-minister/) - By Marshal Gungubele Gwede Mantashe is one of two ministers in South African President Cyril Ramaphosa’s post 2024 election cabinet, to remain in their previous portfolios. But the influential former secretary general of the ruling party ANC, who is also serving his second term as the party’s national chairperson, lost a vital part of the - [Tarek El Molla Bows Out as Egypt’s Petroleum Minister; Mohamed Shaker Exits the Electricity Portfolio](https://africaoilgasreport.com/2024/07/petroleum-people/tarek-el-mola-bows-out-as-egypts-petroleum-minister-mohamed-shaker-exits-the-electricity-portfolio/) - The Egyptian engineer Tarek El Molla has ended his reign as his country’s Petroleum Minister. He hands over to Karim Badawi who, until the new assignment, was the Regional President for SLB (the company formerly knowns as Schlumberger) in Egypt and the Eastern Mediterranean. Meanwhile, Mahmoud Esmat takes over the country’s Ministry of Electricity and - [Libya's Embattled “Oil Minister” Mohamed Aoun, is only Stepping Down, Not Resigning](https://africaoilgasreport.com/2024/07/petroleum-people/libyas-embattled-oil-minister-mohamed-aoun-is-only-stepping-down-not-resigning/) - Seven months into a rocky year, Mohamed Aoun has declared he was ‘temporarily’ stepping down from his position as Libya’s petroleum minister. In a video statement, released via the oil ministry’s social media accounts, Aoun announced on July 3, 2024 that he was “taking a step back from the scene,” and “temporarily” suspending his ministerial - [Layiwola Fatona, 50 Years On, Now the ‘Godfather’ of the African Petroleum Industry](https://africaoilgasreport.com/2024/07/petroleum-people/layiwola-fatona-50-years-on-now-the-godfather-of-the-african-petroleum-industry/) - …And An Unusual Kind of Beneficial Owner By the Editorial Board of Africa Oil+Gas Report A roar of applause, by over 4,000 attendees, rent the air in the state house banquet hall in Abuja, one evening in late February 2024. Layi Fatona, founding Managing Director of Aradel Holdings, was receiving the Icon of the Industry - [Wole Oyetoran Is in Total Control of the Expanded TGS Operations in Nigeria](https://africaoilgasreport.com/2024/07/petroleum-people/wole-oyetoran-is-in-total-control-of-the-expanded-tgs-operations-in-nigeria/) - The Nigerian earth scientist, Wole Oyetoran, has been made the Country Manager for TGS Nigeria. He had been the Nigerian country manager for PGS for the past 16 years (2008-2024), until the merger between TGS and PGS, both Norwegian geophysical companies. The merger is effectively, a takeover of PGS by TGS, which has been on - [‘Natural gas development demands long term commitment and trust’ –Charles Osezua](https://africaoilgasreport.com/2024/07/gas-monetization/natural-gas-development-demands-long-term-commitment-and-trust-charles-osezua/) - Charles Osezua was so passionate about the prioritisation of gas over crude oil that he earned himself the moniker, Gas Man, from no other than the legendary Aret Adams who was his boss then at NNPC. A strong advocate of gas production and utilisation, Osezua has shared his thoughts, ideas, interventions and regrets around the - [At Seplat, Okon Goes to ANOH; Mba Comes to Energy](https://africaoilgasreport.com/2024/07/petroleum-people/at-seplat-okon-goes-to-anoh-mba-comes-to-energy/) - Seplat Petroleum Development Company Plc has moved Effiom “Effy” Okon from the position of Director, New Energy to the job of Managing Director of ANOH Gas Processing Company Limited (AGPC). The company then appointed Okechukwu Mba, who was the MD of AGPC, as the new Director, New Energy. AGPC is the Incorporated Joint Venture (IJV) - [Ghana Earns 33% Less Income from Crude Oil Proceeds](https://africaoilgasreport.com/2024/07/in-the-news/ghana-earns-33-less-income-from-crude-oil-proceeds/) - Receipts from crude oil liftings (CAPI and Royalties) in Ghana amounted to $690,282,530.89 in 2023 as compared with U$1,036,800,383.96 in 2022, representing a decrease of 33.4%, the PIAC has reported. The country’s state owned Public Interest a Accountability Committee says in its latest report that the revenue decline can be attributed to an interplay of - [Spencer Onosode Moves from CEO to Chairman of Pillar Oil](https://africaoilgasreport.com/2024/07/petroleum-people/spencer-onosode-moves-from-ceo-to-chairman-of-pillar-oil/) - Spencer Onosode has been named the Chairman of Pillar Oil Limited, the Nigerian E&P independent. He was, until the appointment, the Managing Director and Chief Executive Officer of the company, which he co-founded. At Pillar Oil’s next board meeting, in mid July 2024, Onosode will take over the chairmanship of the 5,000Barrels of Oil Per - [GOVERNMENT INCENTIVES SHOULD “LIFT ALL BOATS”](https://africaoilgasreport.com/2024/07/in-the-news/government-incentives-should-lift-all-boats/) - Iroghama Ogbeifun is the Managing Director and Chief Executive Officer (CEO) of Starzs Investments Company Limited, a Maritime logistics company that provides fleet services to international and indigenous oil and gas exploration and production companies in Nigeria. She spoke with Africa Oil+Gas Report’s Senior Correspondent, Lukman Abolade. Excerpts: 20 months ago, you called attention to - [TOTALEnergies: The Golden Share?](https://africaoilgasreport.com/2024/06/energy-transition/totalenergies-the-golden-share/) - The French Senate’s June 2024 energy report, which called for the government to obtain a ‘golden’ share in TOTALEnergies, could have far-ranging affects for the company and the direction and scope of the global energy transition. Committee Chairman, Roger Karoutchi and key committee member, Yannick Jadot, presented a far-reaching energy transition report containing 33 - [Egypt’s Power Generation Held Down to 35,000MW Due to Gas Supply Crisis](https://africaoilgasreport.com/2024/06/power-deficit/egypts-power-generation-held-down-to-35000mw-due-to-gas-supply-crisis/) - By Mohammed Jetutu, in Cairo Egyptian electricity authorities have increased the length of load shedding, as the worsening heatwave crimps the ability to supply natural gas to power plants. The control centre at the Egyptian Electricity Holding Company (EEHC) informed the electricity distribution companies that load shedding times would increase from two hours per day - [American Contractor Builds a Facility Centre in New Hot Spot Cote D’Ivoire](https://africaoilgasreport.com/2024/06/in-the-news/american-contractor-builds-a-huge-facility-centre-in-new-hot-spot-cote-divoire/) - Baker Hughes has commissioned a facility in Cote D’Ivoire, a new exploration hot spot in West Africa. The shop will primarily support the company’s subsea production system contract on the Baleine field, which includes three horizontal subsea wellheads in the project’s Phase 1, growing to eight (8) horizontal subsea wellheads in the project’s Phase 2 - [The cost of Orthodoxy in the Nigerian Oil Industry](https://africaoilgasreport.com/2024/06/opinion/the-cost-of-orthodoxy-in-the-nigerian-oil-industry/) - To quote Joel Barker in The Business of Paradigms: “It’s so easy to say no to a new idea. Afterall new ideas cause change, they disrupt the status quo. They take people out of their comfort zones and create uncertainty.. plus it is less work to do things the way we have always done it.... - [Angolans Celebrate the 1.2MMBOPD Production ‘Milestone’](https://africaoilgasreport.com/2024/06/in-the-news/angolans-celebrate-the-1-2mmbopd-production-milestone/) - Angolan Authorities are making statements touting the country’s achievement of crude oil output of 1.2Million Barrels of Oil Per Day. “National production reached a peak of one million and two hundred thousand barrels per day on June 12, 2024”, reported Paulino Jerónimo, President of the Board of Directors of ANPG, the country's upstream petroleum regulatory - [Shakwa Nyambe, Namibian Lawyer, Appointed President Elect of the Global Body of Energy Negotiators](https://africaoilgasreport.com/2024/06/petroleum-people/shakwa-nyambe-namibian-lawyer-appointed-president-elect-of-the-global-body-of-energy-negotiators/) - Shakwa Nyambe, Managing Partner of Windhoek based SNC Incorporated, has been appointed as the President-Elect of the Association of International Energy Negotiators (AIEN) for the period of 2024 -2025. His appointment was confirmed at the AIEN Board of Directors meeting held on the 10th of June 2024 in Bangkok, Thailand. This will pave the way - [Angola’s Oldest Upstream Hydrocarbon Producer Adds Two More](https://africaoilgasreport.com/2024/06/farm-in-farm-out/angolas-oldest-upstream-hydrocarbon-producer-adds-two-more/) - By Sully Manope, in Windhoek US major Chevron has won the final approval of Angolan authorities to operate two more acreages in the country. By signing risk contracts on Blocks 49 and 50 with the regulator ANPG, and the state hydrocarbon company Sonangol P&P, the San Ramon, California based firm holds four licences, including the - [‘Fossil Fuels Account for Over 80% of Global Energy Use’, -EI Review of Energy Statistics](https://africaoilgasreport.com/2024/06/in-the-news/fossil-fuels-account-for-over-80-of-global-energy-use-ei-review-of-energy-statistics/) - By Ogo-Oluwa Aiyefele, in London Growth economies struggle to curb fossil fuel growth, but renewables accelerate in China . As a share of the overall energy mix, global fossil fuel consumption was at 81.5% in 2023, marginally down from 82% in 2022. This is one of the key highlights of the latest report of the - [How to create a winning monopoly: Become a drilling contractor!](https://africaoilgasreport.com/2024/06/farm-in-farm-out/how-to-create-a-winning-monopoly-become-a-drilling-contractor/) - The June announcement that Noble Drilling had acquired Diamond Offshore is the latest sign that offshore drillers are finally achieving their long-anticipated goal of having a firm grip on the direction and strategy of the deepwater rig market. And perhaps for the first time also determining the pace and direction of the deepwater marketplace that - [Aradel’s Refinery Products Earn Over $150Million, Close to its Crude Export Receipts](https://africaoilgasreport.com/2024/06/refining-gap/aradels-refinery-products-earn-over-150million-close-to-its-crude-export-receipts/) - By Macson Obojemuinmoin The Nigerian independent Aradel Holdings, has reported that sales of Automotive Gas Oil (AGO), Dual Purpose Kerosene (DPK), Marine Diesel Oil (MDO), Heavy Fuel Oil (HFO) and Naphtha, all products of its crude oil refinery, amounted to $157Million in 2023. The amount was only $13Million less than the company’s receipts from crude - [‘You Can’t Come Clean with African Cooking Without Investment in LPG Infrastructure’, Sahara Argues](https://africaoilgasreport.com/2024/06/gas-monetization/you-cant-come-clean-with-african-cooking-without-investment-in-lpg-infrastructure-sahara-argues/) - The Sahara Group has described the dearth of adequate infrastructure for cooking gas as the most daunting challenge to ramping up clean cooking across Africa. It also thinks that this challenge offers a great business opportunity. Ijeoma Isichei, Head, Business Development (Gas), Sahara Group and a senior manager at WAGL Energy Limited (An NNPC Limited - [NOG Energy Week 2024: West African Countries Harnessing Gas for Industrialisation to Boost Economic Development](https://africaoilgasreport.com/2024/06/events/nog-energy-week-2024-west-african-countries-harnessing-gas-for-industrialisation-to-boost-economic-development/) - Abuja, Nigeria - Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialisation journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilisation, and by extension are addressing energy poverty and environmental challenges. The Honourable Minister of Energy for Ghana, H.E. Dr. Matthew - [Cote D’Ivoire’s Return to the Oil Patch, and Other Opportunities](https://africaoilgasreport.com/2024/06/in-the-news/cote-divoires-return-to-the-oil-patch-and-other-opportunities/) - Dear Subscriber, The Vol. 25, No. 5 (MAY 2024) edition of Africa Oil+Gas Report is themed: NEW TECHNOLOGIES UPDATE Below is the link to your copy: https://africaoilgasreport.com/wp-content/uploads/2024/06/AOGR, Volume-25-No-5-May-2024 Some of the highlights: KICKSTARTER Cote D’Ivoire’s Revving after a 20 Year Freeze COVER STORY Petrel Continues the Dominance OILPATCH SAHARA Dana: “Why We Paused Drilling in 2023” - [What is Technology Telling Us/Our Latest Issue](https://africaoilgasreport.com/2024/06/in-the-news/what-is-technology-telling-us-our-latest-issue/) - Some are cheering: Drill Beby Drill!!! Others lament the burning planet. Some are angling for gas monetization; others want to replace “expensive” natural gas with solar and wind power. Others insist on large, onshore LNG plants; others prefer nimble Floating LNG facility. The market will lean towards efficiency and affordable pricing, So, once in a - [Sudan's Civil War Finally Takes a Toll on South Sudanese Crude Output](https://africaoilgasreport.com/2024/06/in-the-news/sudans-civil-war-finally-takes-a-toll-on-south-sudanese-crude-output/) - By Macson Obojemuinmoin Oil flows from South Sudan have finally been disrupted by the civil war ravaging Sudan, to the north of the border. It has taken over 12 months, but it has finally happened. Until February 2024, despite the intense war in Sudan, noting had happened to the infrastructure which evacuated South Sudan’s over - [NNPC to Hold 70% of the JV as the ExxonMobil/Seplat Transaction Comes to a Close](https://africaoilgasreport.com/2024/05/farm-in-farm-out/nnpc-to-hold-70-of-the-jv-as-the-exxonmobil-seplat-transaction-comes-to-a-close/) - Nigeria’s state hydrocarbon company NNPC Ltd will keep 70% of the stake in the resulting Joint Venture, when the sale and purchase transaction between ExxonMobil and Seplat Energy is concluded, expectedly in the next two to three months. Seplat Energy will be operator. This is the compromise position of the negotiating parties, two years and - [American Contractors Rush to Build Drilling Fluids Factories in Namibia's Key Port](https://africaoilgasreport.com/2024/05/in-the-news/american-contractors-rush-to-build-drilling-fluids-factories-in-namibias-key-port/) - American oil service companies Baker Hughes and Halliburton have announced separate plans for construction of a new liquid mud plant each in Namibia's Port of Walvis Bay. A drilling mud or drilling fluid is a heavy, viscous fluid mixture that is used in oil and gas drilling operations to ferry rock cuttings to the surface - [TOTAL MAN: In His 10th Year, Emperor Patrick Gets Three More](https://africaoilgasreport.com/2024/05/petroleum-people/totalenergies-in-his-10th-year-emperor-patrick-gets-three-more/) - The board of directors of TOTALEnergies has unanimously approved the continuation of Patrick Pouyanné’s work as the company’s Chairman and CEO, for another term of three years. First, the combined shareholders of the company, at the annual general meeting, “approved the renewal of the three-year terms, as Directors, of Patrick Pouyanné, Jacques Aschenbroich and Glenn - [When the PSC Becomes an Albatross to Gas Investment](https://africaoilgasreport.com/2024/05/by-the-book/when-the-psc-becomes-an-albatross-to-gas-investment/) - BY THE BOOK Izombe was my first effort at building a gas processing plant. In order to do that, we entered into an agreement with Addax Petroleum, who was the operator of Oil Mining Lese (OML) 124. We signed an agreement with Addax to harness the gas at the flare. At that point in time - [Nigeria’s 2024 Bid Round Continues Roadshow:  NUPRC Releases Time Table, to Wrap Up Q1 2025](https://africaoilgasreport.com/2024/05/farm-in-farm-out/nigerias-2024-bid-round-continues-roadshow-nuprc-releases-time-table-to-wrap-up-q1-2025/) - The Nigerian Upstream Petroleum Regulatory Commission (NUPRC )’s International Road Show moved to Miami, in the state of Florida, in the United States on May 14 2024, a week after the agency launched the US leg of the licencing round at the Offshore Technology Conference in Huston. NUPRC is offering 12 blocks in its second - [Sonatrach Inks MoU with ExxonMobil on Exploration Studies in two Basins](https://africaoilgasreport.com/2024/05/farm-in-farm-out/sonatrach-inks-mou-with-exxonmobil-on-exploration-studies-in-two-basins/) - Algeria's state hydrocarbon firm Sonatrach has signed a memorandum with ExxonMobil to explore opportunities in the Ahnet and the Gourara basins in the south of the country. It’s a preliminary agreement, jointly signed in Algiers by Rachid Hachichi, Sonatrach's chief executive and John Ardill ExxonMobil’s head of exploration. The deal did not give a figure - [Nigeria’s 2024 Bid Round Continues Roadshow:  NUPRC Releases Time Table, to Wrap Up in December](https://africaoilgasreport.com/2024/05/farm-in-farm-out/nigerias-2024-bid-round-continues-roadshow-nuprc-releases-time-table-to-wrap-up-in-december/) - The Nigerian Upstream Petroleum Regulatory Commission (NUPRC )’s International Road Show moved to Miami, in the state of Florida, in the United States on May 14 2024, a week after the agency launched the US leg of the licencing round at the Offshore Technology Conference in Huston. NUPRC is offering 12 blocks in its second - [Norwegian Operator Claims "Substantial Oil Discovery" In Gabon, Extending the Hibiscus Field Further North](https://africaoilgasreport.com/2024/05/oil-patch-sub-sahara/norwegian-operator-claims-substantial-oil-discovery-in-gabon-extending-the-hibiscus-field-further-north/) - By Macson Obojemuinmoin Oslo listed BW Energy has announced “a substantial oil discovery with good reservoir quality” in the DHIBM-7P pilot well drilled to appraise the northern flank of the Hibiscus field, in the Dussafu licence, offshore Gabon. BW did not provide figures for the find, but it declares its “plans to complete the well - [Italy’s Largest Oil & Gas Contractor Gets the Most of the French Major’s New Angolan Project](https://africaoilgasreport.com/2024/05/in-the-news/italys-largest-oil-gas-contractor-gets-the-most-of-the-french-majors-new-angolan-project/) - Italian engineering firm, Saipem, says it has clinched three new contracts awarded by TOTALEnergies E&P Angola Block 20 for the 70,000Barrels of Oil Per Day (peak) Kaminho project for an overall amount of $3.7Billion TOTAL itself, in announcing the Final Investment Decision for the Angolan deepwater facility, cost the project at $6Billion. In effect, Saipem has been awarded - [Afentra Now Holds a Decent Minority Stake in Angola’s ‘Block 3/05 Series’](https://africaoilgasreport.com/2024/05/farm-in-farm-out/afentra-now-holds-a-decent-minority-stake-in-angolas-block-3-05-series/) - Angolan authorities have approved the purchase, by Afentra Plc, of a 12% non-operating interest in the country’s Block 3/05 and a 16% non-operating interest in the country’s offshore Block 3/05A. The approval is pursuant to the agreement between Azule Energy Angola Production B.V. and Afentra’s wholly-owned subsidiary, Afentra (Angola) Ltd. The sale and purchase were - [Nigeria: The 11 Year Window/Our Latest Issue](https://africaoilgasreport.com/2024/05/in-the-news/nigeria-the-11-year-window-our-latest-issue/) - Time is still running out for Nigeria to take the full advantage of its hydrocarbon deposits, which it had largely exported in the raw for over 60 years. Bola Tinubu’s one year old administration has been running with it; engaging, enunciating reform policies at a rate not seen in the last eight years, but there - [AfDB’s Multi-Country Solar Initiative Pulls in 10 Projects to Benefit the Multitude in the Dark](https://africaoilgasreport.com/2024/05/energy-transition/afdbs-multi-country-solar-initiative-pulls-in-10-projects-to-benefit-the-multitude-in-the-dark/) - PARTNER CONTENT The African Development Bank (AfDB)’s Desert to Power initiative involves 11 countries across Sahelian belt; 250Million people set to benefit with 10, 000MW of solar by 2030. It is one of the world's most ambitious energy projects: the Desert to Power initiative aims to bring energy to one of the least developed and - [SONATRACH Awards Construction of 20 Gas Trains to Baker Hughes & Co](https://africaoilgasreport.com/2024/05/gas-monetization/sonatrach-awards-construction-of-20-gas-trains-to-baker-hughes-co/) - Algeria's state hydrocarbo firm Sonatrch has awarded Baker Hughes and Marie Technimont the supply of 20 compression trains based on Frame 5 gas turbine and BCL compressor technology. The plants are to be installed across three gas boosting stations within the Hassi R’ Mel gas field. Located 550 km south of Algiers, Hassi R’ Mel - [Block 20: TOTAL Takes FINAL Decision on Angola’s “Symbolic” Pre-Salt Reservoirs](https://africaoilgasreport.com/2024/05/in-the-news/block-20-total-takes-final-decision-on-angolas-symbolic-pre-salt-reservoirs/) - By Toyin Akinosho, Publisher TOTALEnergiies, its partners and Angolan authorities, have announced the Final Investment Decision (FID) of the Kaminho deepwater project in the country’s deepwater Kwanza Basin. The first large deepwater development in the Kwanza basin will develop the Cameia and Golfinho fields, located in 1,700 metre water-depth, 100 kilometres off the Angolan coastline. - [Briefcase Companies, Procurement Scams, Partly to Blame for Decline in Nigerian Crude Output – NNPCL Boss](https://africaoilgasreport.com/2024/05/in-the-news/briefcase-companies-procurement-scams-partly-to-blame-for-decline-in-nigerian-crude-output-nnpcl-boss/) - By Lukman Abolade, Senior Correspondent Mele Kolo Kyari, Group Chief Executive Officer of the NNPC Limited, the Nigerian state hydrocarbon company, has fingered security issues, ‘briefcase companies’ and the fiscal environment, as parts of a cohort of challenges responsible for the declining investment in Nigeria’s oil and gas sector. “As we all know, the security - [Consortium Announces Plan to Build 10,000MW Wind Powered Plant in Egypt](https://africaoilgasreport.com/2024/05/energy-transition/consortium-announces-plan-to-build-10000mw-wind-powered-plant-in-egypt/) - The Egyptian government has approved a proposal by a consortium to develop 10,000 MW wind farm on 3,025 km2 of land in the western Suhag governorate. Infinity Power, a joint venture between Egypt’s Infinity and Masdar (Abu Dhabi Future Energy Company) is in league with Hassan Allam Utilities, another Egyptian player, for the project. With - [Morocco Launches Pre-Qual Bid Process for 400MW Wind Power Projects](https://africaoilgasreport.com/2024/05/power-deficit/moroocco-launches-pre-qual-bid-process-for-400mw-wind-power-projects/) - Moroccan Agency for Sustainable Energy (MASEN), has launched the pre-qualification process for the selection of a private company to support the implementation of a two-part, 400 MW Nassim Nord wind power programme. The proposal involves the construction of two wind farms. Developers interested in building the two wind farms have until June 24, 2024 to - [Viridien is the New Name for CGG, Western Europe's Top Geophysical Company](https://africaoilgasreport.com/2024/05/partner-content/viridien-is-the-new-name-for-cgg-western-europes-top-geophysical-company/) - PARTNER CONTENT Shareholders of CGG have renamed the company at the Annual General Meeting on May 15, 2024. The AGM approved the resolution to change the company’s corporate name from CGG to Viridien. : “Our new name, Viridien, connects our company’s history to our future, confidently positioning us for accelerated growth as an Advanced Technology, - [Scatec and Engie Secure Land for 8,000W of Renewable Energy Facility in Egypt](https://africaoilgasreport.com/2024/05/energy-transition/scatec-and-engie-secure-land-for-8000w-of-renewable-energy-facility-in-egypt/) - Scatec, the Norwegian renewable energy player; Engie, its French counterpart and Orascom Construction, the Egyptian firm, have secured land from the Egyptian government for the deployment of 8,000MW of wind power for two different projects. One of them, a 5,000MW project, is to be developed by Scatec. The other, a 3,000MW facility, is a planned - [European Bank Approves Membership of Kenya and Nigeria](https://africaoilgasreport.com/2024/05/in-the-news/european-bank-approves-membership-of-kenya-and-nigeria/) - By Nibal Zgheib The shareholders of the European Bank for Reconstruction and Development (EBRD) have approved applications by Kenya and Nigeria to become members of the multilateral financial institution. The authorities of Kenya and Nigeria applied for EBRD membership in March and April 2024, respectively. Approval from the Bank’s Board of Governors is the first - [Nigeria’s Central Bank Tightens Grip on Petroleum Export Inspection and Revenues](https://africaoilgasreport.com/2024/05/in-the-news/22916/) - By Masha Otula, in Abuja The Central Bank of Nigeria (CBN) has appointed new petroleum export pre-shipment inspection agents. CBN also listed new exemption categories under the restrictions on foreign exchange revenues of petroleum exports that it introduced in February. CBN distributed 31 oil and gas export terminals to nine inspection agents with each Nigerian - [Chariot Confirms Moroccan Probe is a Duster](https://africaoilgasreport.com/2024/05/oilpatch-sahara/chariot-confirms-moroccan-probe-is-a-duster/) - UK junior Chariot Limited has reported that a wildcat probe it drilled onshore Morocco has turned out to be a dud. The RZK-1 well on the Gaufrette prospect, is the first of a two well drilling campaign, in the Loukos Onshore licence in Africa’s north westernmost country. “Following comprehensive evaluation of the well data, including - [XOM Succeeds with a Near Field Exploration Well offshore Angola](https://africaoilgasreport.com/2024/05/oil-patch-sub-sahara/xom-succeeds-with-a-near-field-exploration-well-offshore-angola/) - By Fred Akanni Angola’s Upstream hydrocarbon regulator ANPG has announced the successful drilling of an exploration well, Likembe-01, located in the Kizomba B development area, in Block 15, operated by ExxonMobil, in partnership with Azule Energy, Equinor and Sonangol. “Drilled between the months of February and April, 2024, the well is located at a water - [Nigerian Court Pauses Rig Dispute Hearing Due to Filing Errors](https://africaoilgasreport.com/2024/05/in-the-news/federal-court-halts-rig-dispute-hearing-due-to-filing-errors/) - By Lukman Aboolade, Senior Correspondent A Federal High Court sitting in Lagos could not continue the hearing on the legal dispute between General Hydrocarbons Limited (GHL) and Dolphin Drillings due to incomplete filing from the latter. The Judge, Akintayo Aluko, had granted an ex-parte motion filed by GHL that restrained Dolphin Drillings from various actions - [CGG Launches the Second, and Third 3D Reimaging Projects in "Hot Spot' Côte d’Ivoire Offshore](https://africaoilgasreport.com/2024/05/oil-patch-sub-sahara/cgg-launches-the-second-and-third-3d-reimaging-projects-in-hot-spot-cote-divoire-offshore/) - By Toyin Akinosho, in Abidjan The Norwegian geoscience company, CGG, has announced two more new multi-client, three dimensional (3D) seismic reimaging programmmes, to cover several acreages offshore Cote D’Ivoire, a country that has become a new hydrocarbon exploration hot spot. The projects, named CDI24 Phase I and Phase II, come after the CDI23 (6,430 km2) - [Edwin Is Back in Full Charge of Dangote Refinery, Alake Will Oversee “The Rest”](https://africaoilgasreport.com/2024/05/petroleum-people/edwin-is-back-in-full-charge-of-dangote-refinery-alake-will-oversee-the-rest/) - Aliko Dangote has reorganized his company’s top executive management, following the completion and commissioning of the mammoth Dangote Refinery, Fertiliser and Petrochemical complex, located on the eastern flank of Lagos, Nigeria’s financial city. In the event, Devakumar Edwin has assumed responsibility as Vice President for Oil and Gas. including the Refinery, Fertilizer, Petrochemicals and Upstream - [Long Awaited: Nigeria’s OML 13 Reaches First Oil, Looks to Ramp Up to 40KBD](https://africaoilgasreport.com/2024/05/in-the-news/long-awaited-nigerias-oml-13-reaches-first-oil-looks-to-ramp-up-to-40kbd/) - The Indian independent Sterling Exploration has reached first oil in the development of the Oil Mining Lease (OML) 13 onshore eastern Niger Delta. The company has worked on the project in the context of a Financial and Technical Service Agreement (FTSA), signed with NNPC E&P Ltd (the company formerly known as NPDC), which holds the - [Invictus Signs a Second Gas to Power MoU from Untested Zimbabwean Asset](https://africaoilgasreport.com/2024/05/gas-monetization/invictus-signs-a-second-gas-to-power-mou-from-untested-zimbabwean-asset/) - MoUs are statements of wishes and the company still has to prove economic commerciality of the Mukuyu wells with flow rates... Australian minnow, Invictus Energy, has signed a second Memorandum of Understanding for sale of gas from its hydrocarbon asset onshore Zimbabwe. The deal to provide natural gas for a 50MW Gas-to-power project for Eureka - [ReconAfrica to Spud its Second Seismically Defined Well Onshore Namibia](https://africaoilgasreport.com/2024/05/oil-patch-sub-sahara/reconafrica-to-spud-its-second-seismically-defined-well-onshore-namibia/) - Canadian minnow, ReconAfrica is returning to the rig site in the Kavango Basin in the north of Namibia, 18 months after the furore that greeted its first seismically defined well in the country’s onshore. The Company expects to begin drilling Naingopo (Prospect L), in June 2024, “targeting 163Million barrels of unrisked prospective oil resources or - [Opec To Participate At Iae 2024, Outlining Future Of Africa’s Energy Industry](https://africaoilgasreport.com/2024/05/partner-content/opec-to-participate-at-iae-2024-outlining-future-of-africas-energy-industry/) - PARTNER CONTENT OPEC Director of Research Dr. Ayed S. Al-Qahtani will deliver a keynote address at the upcoming Invest in African Energy (IAE) 2024 forum in Paris, affirming the importance of African oil supplies in global affairs. Home to six OPEC member countries, the African continent is playing a growing role in global supply discussions, - [Waltersmith Plans an Oil Terminal to Export Fuel Oil: “Our Expanding Refinery Has Brought So Much Value”](https://africaoilgasreport.com/2024/05/refining-gap/waltersmith-plans-an-oil-terminal-to-export-fuel-oil-our-expanding-refinery-has-brought-so-much-value/) - Waltersmith Petroman’s inability to export its crude oil output out of the country in the last 18 months, as a result of the outage of the Trans Niger Pipeline (TNP), has not precluded its access to earning foreign exchange from its Ibigwe field. The Nigerian independent pumps its entire 2,500Barrels of Oil Per Day into - [Reviewing the majors: Your guide to the 2024 AGMs(Annual General Meeting)](https://africaoilgasreport.com/2024/05/in-the-news/reviewing-the-majors-your-guide-to-the-2024-agmsannual-general-meeting/) - Energy investors and shareholders have a diversity of visions which the oil majors--- BP, Shell, ENI,TOTALEnergies, Chevron, ExxonMobil and Equinor—will present them at the various AGMs. Below is an overview of what to anticipate. Perhaps not earth-shattering but enough food for thought to give you the reader a better understanding of the energy transition, regardless - [Giuseppe Surace, Ex SAIPEM Executive Who Fast Tracked Dangote Refinery Construction, Leaves to Run His Own Company](https://africaoilgasreport.com/2024/05/petroleum-people/giuseppe-surace-ex-saipem-executive-who-fast-tracked-dangote-refinery-construction-leaves-to-run-his-own-company/) - Giuseppe Surace, former managing director, Saipem Contracting Nigeria Limited, who was appointed in 2017 to fast track the (then) slow construction of the Dangote Refinery, has moved on to the next phase of his career. The Italian engineer left the Chief Operations Officer role in Dangote refinery in February 2024 and has been owner of - [Namibian Oil: “We’re Not Looking for a Knight in Shining Armour”](https://africaoilgasreport.com/2024/04/in-the-news/namibian-oil-were-not-looking-for-a-knight-in-shiny-armour/) - By Toyin Akinosho, in Windhoek The Namibian government is keen on accelerated development of the string of huge oil and gas discoveries made offshore the country in the last two years. The country acknowledges that the path to crude oil development is in early stages and the institutional framework and the Namibian capacity in the - [Azura is a Shiny Outlier, Transcorp is Noisy](https://africaoilgasreport.com/2024/04/power-deficit/azura-is-a-shiny-outlier-transcorp-is-noisy/) - ...And Hydro plants Perform Better ... Out of Nigeria’s 10 largest electricity producing plants, the exemplary outlier is Azura, which generated 424MW, or 92% of its installed capacity in February 2024. The closest performers are the hydropower plants: Kainji delivered 438MW or 58% of its installed 760MW; Jebba output 306MW or 54% of its installed - [Waltersmith’s Industrial Park Will Open To Tenants by End 2024](https://africaoilgasreport.com/2024/04/c-suite-series/the-industrial-park-is-the-route-to-waltersmiths-future/) - The Nigerian independent, Waltersmith Petroman has operated the Ibigwe field in Oil Mining Lease (OML) 16, onshore eastern Nigeria since 2003 and has been producing crude from the asset since 2009. It has equity in ND Western, the joint-operator, with NPDC, of OML 34 (gross output in March 2024, ~18,000BOPD, 270MMscf/d). It has taken over - [Shell Hits Paydirt in Sixth Exploration Well in Namibia](https://africaoilgasreport.com/2024/04/oil-patch-sub-sahara/shell-hits-paydirt-in-sixth-exploration-well-in-namibia/) - By Toyin Akinosho, in Johannesburg Shell has made a discovery in Enigma-1X, its sixth exploration well in Petroleum Exploration Licence (PEL) 39 in Namibia’s prolific deepwater Orange Basin. The UK supermajor had been on the probe since February 27, 2024, with the semi-submersible rig Deepsea Bollsta. Enigma-1X is located 15 kilometres south-southeast of Shell's Jonker-2A - [ExxonMobil Invites Contractors to Prep for the Vast Rovuma LNG Project in Mozambique](https://africaoilgasreport.com/2024/04/gas-monetization/exxonmobil-invites-contractors-to-prep-for-the-vast-rovuma-lng-project-in-mozambique/) - ExxonMobil has launched several tenders for Front End Engineering Design for gas gathering and subsea as well as basic improvement in the installed camp facilities; on its huge Rovuma LNG project in Mozambique. Those are, of course, secondary to the FEED contract for the actual LNG plant itself, which currently features a competition between Saipem, - [South Africans Complete the Largest Geophysical Survey of any Acreage in South Sudan](https://africaoilgasreport.com/2024/04/oil-patch-sub-sahara/south-africans-complete-the-largest-geophysical-survey-of-any-acreage-in-south-sudan/) - South Africa’s state-owned petroleum company the Strategic Fuel Fund (SFF) has completed its initial aerial survey over South Sudan’s Block B2, of which it is the operator . “We have successfully completed the geophysical survey of the block”, says K B Trivedi, SFF’s Chief Geoscientist. “This is the largest survey ever undertaken in South Sudan, - [Advert For Tender Opportunity Hire Of 2000hp 10ksi Land Rig](https://africaoilgasreport.com/2024/04/tenders/advert-for-tender-opportunity-hire-of-2000hp-10ksi-land-rig/) - 1. INTRODUCTION Aradel Energy Limited intends to hire a 2000HP 10KSI Land Drilling Rig for the drilling, completion and testing of Land Wells with an anticipated starting date from July 2024 for a one year firm period plus two-year optional extension. Aradel Energy Limited. therefore uses this medium to inform suitable and reputable Companies having - [Petrofac Wins $350Million Service Contract for Equatorial Guinea's Zafiro Field](https://africaoilgasreport.com/2024/04/in-the-news/petrofac-wins-350million-service-contract-for-equatorial-guineas-zafiro-field/) - London based engineering firm, Petrofac, has been awarded a Technical Services Contract by Compañía Nacional de Petróleos de Guinea Ecuatorial (GEPetrol), Equatorial Guinea's state hydrocarbon company, to support the operation of the country’s Block B. Under the contract, valued at around $350Million over five years, Petrofac will deliver technical services across onshore support bases, a - [The Gasfired Plant is Not Africa’s Default Electricity Generator/Our Latest Issue:  Gas to Wire Annual](https://africaoilgasreport.com/2024/04/in-the-news/the-gasfired-plant-is-not-africas-default-electricity-generator-our-latest-issue-gas-to-wire-annual/) - Contrary to perception, the default choice for power generation among Africa’s hydrocarbon resource rich countries, is not the gas fired thermal generating plant. True, there are invitations for partnerships and investments in Senegal, Cote D’Ivoire, Nigeria, even Mozambique. But growth in natural gas intake for power has been relatively flat on the continent in the - [Deepwater Performance Most Responsible for Nigeria’s March 2024 Output Decline](https://africaoilgasreport.com/2024/04/in-the-news/deepwater-performance-most-responsible-for-nigerias-march-2024-output-decline/) - By the Editorial Desk of Africa Oil+Gas Report Nigeria’s seven deepwater fields output an average of 415,392Barrels of Oil Per Day, in March 2024, one of the lowest performances in the last three years. The 56,575BOPD decrease in deepwater output from the February to March 2024, represents 62% of the country’s total output drop (91,690BOPD) - [Work Starts on a New FPSO For Angola’s Newfield Deepwater Development](https://africaoilgasreport.com/2024/04/in-the-news/work-starts-on-a-new-fpso-for-angolas-newfield-deepwater-development/) - By Toyin Akinosho Partners on Block 15/06 in deepwater Angola have carried out the survey and installation of the first modules of the Floating Oil Production, Storage and Transfer Unit (FPSO) for the Agogo field, the country’s regulator has reported. “These are the first two modules of the twelve (12) that will make up the - [Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum (Oil), to Speak at the Petroleum Club](https://africaoilgasreport.com/2024/04/petroleum-people/heineken-lokpobiri-nigerias-minister-of-state-for-petroleum-oil-to-speak-at-the-petroleum-club/) - PAID POST The Nigerian lawyer and politician, Heineken Lokpobiri, will be the special guest of honour at the second of the four quarterly dinner lectures of the Petroleum Club of Lagos for 2024. The Minister of State for Petroleum (Oil) will be speaking to the theme Policy design and implementation to tackle the challenges of - [Nigeria’s Gas Price Hike “The bulk of the debts accumulated by Gencos arose post privatization of PHCN”](https://africaoilgasreport.com/2024/04/gas-monetization/nigerias-gas-price-hike-the-bulk-of-the-debts-accumulated-by-gencos-arose-post-privatization-of-phcn/) - The establishment of a new pricing framework for natural gas for strategic sectors such as Power is considered a win for upstream gas producers, but that in itself, doesn’t tell the whole story. In the aftermath of the price announcement, Africa Oil+Gas Report caught up with Eberechukwu Oji, Chief Executive Officer of ND Western, the - [French Major Expands Gas Development Partnerships with Algeria](https://africaoilgasreport.com/2024/04/gas-monetization/french-major-expands-gas-development-partnerships-with-algeria/) - French major TOTALEnergies and Algerian state hydrocarbon company SONATRACH have signed a Memorandum of Understanding aimed at concluding a hydrocarbon contract in the north-east Timimoun region, under the aegis of Law n°19-13 governing hydrocarbon activities. This Memorandum of Understanding outlines the realization of a work programme for the appraisal and development of gas resources in - [“The Rise of Gas”; Valuable Knowledge Base, Compelling Narrative](https://africaoilgasreport.com/2024/04/gas-monetization/the-rise-of-gas-valuable-knowledge-base-compelling-narrative/) - By Afolabi Oladele Charles Osezua’s The Rise of Gas: From Gaslink to the Decade of Gas, gives a magisterial account of Nigeria’s entry into the comity of oil and gas producing nations, beginning not from Oloibiri as many historians of the sector like to note, but from the Dahomey Basin and then Akata, close to - [Vacancy: The Crude Oil Refinery Owners Association of Nigeria (CORAN)](https://africaoilgasreport.com/2024/04/refining-gap/vacancy-the-crude-oil-refinery-owners-association-of-nigeria-coran/) - PAID POST CORAN is looking to employ an Executive Director who will be responsible for overseeing, planning, organizing, directing, coordinating, and implementing CORAN policies, programmes, directives, and strategic plans as determined from time to time by the CORAN National Executive Committee, NEC, Chairman, and Secretary Job Description: Executive Director (CORAN) The Executive Director of the - [Why? NUPRC Yet to Publish Details of Frontier Basin Exploration Development Plan](https://africaoilgasreport.com/2024/04/oil-patch-sub-sahara/why-nuprc-yet-to-publish-details-of-frontier-basin-exploration-development-plan/) - The Frontier Exploration Fund section of Nigeria’s Petroleum Industry Act (PIA) 2021 was a -hot button issue during the final arguments leading to the passage of the PIA by the National Assembly. The major contention was the money voted. That 30% of state hydrocarbon company NNPC Limited’s profit oil and profit gas (as in the - [Jean-Jacques Rousseau in conversation with Shell](https://africaoilgasreport.com/2024/04/energy-transition/jean-jacques-rousseau-in-conversation-with-shell/) - Shell’s return to the courtroom in the Netherlands to appeal the 2021 decision, which ruled that the UK major must reduce its CO2 emissions 45% by 2030, is raising eyebrows within the oil and gas industry. Investors and green activists alike are watching with keen interest. Shell continues to maintain that the court has no - [Gas Price Hike: Nigeria Nods Again to Upstream Producers’ Demand](https://africaoilgasreport.com/2024/04/gas-monetization/gas-price-hike-nigeria-nods-again-to-upstream-producers-demand/) - By Lukman Abolade Nigerian oil and gas upstream producers won the second major incentive in one month, when the government announced the establishment of a new pricing framework for natural gas for strategic sectors such as Power, Commercial, and Gas-Based industries. The country’s Midstream & Downstream Petroleum Regulatory Authority (NMDPRA) set a new price for - [Petroci in the Market for Jack Up Rig](https://africaoilgasreport.com/2024/04/in-the-news/petroci-in-the-market-for-jack-up-rig/) - Cote d’Ivoire’s state hydrocarbon company, Petroci, is asking interested companies to participate in the Request for Information for Provision of Jack-Up Rigs for the purpose of gas development on the Kudu, Eland, and Gnou (KEG) project. Project Overview: Location: Approximately 20kilometres offshore from Assouinde, Southeast Ivory Coast. Project Focus: Extracting, transporting multiphase fluids, and processing - [Procurement: Core or Support Function?](https://africaoilgasreport.com/2024/04/in-the-news/procurement-core-or-support-function/) - Most organizations operate with a Procurement department tasked with acquiring goods and services essential for their production and service delivery. From basic necessities like stationery to crucial inputs such as raw materials and key service providers, the Procurement department's responsibilities span a wide spectrum. Its role is pivotal in ensuring organizational success. Within any organization, - ["Two Decades Of Organic Growth: The Remarkable Journey Of The “Problem Solving” Century Group"](https://africaoilgasreport.com/2024/03/in-the-news/two-decades-of-organic-growth-the-remarkable-journey-of-the-problem-solving-century-group/) - OPINION Who would have imagined we would end up here today? That we would end up in an investment regime where oil and gas capital would be so hard to come by. In this era of chasing “renewables” and with the anti-fossil fuel campaigners lobby investment funds to pull out of our sector, oil and - [Ghana's Top Crude Oil Producer in Hefty Loss After Tax](https://africaoilgasreport.com/2024/03/in-the-news/ghanas-top-crude-oil-producer-in-hefty-loss-after-tax/) - Tullow Oil has reported a loss after tax of $110Million in 2023, after write-offs and impairments totaling $435Million. The loss compares with a profit after tax of $49Million in 2022. Impairments and write offs in 2022 totaled $391Million. Tullow’s gross profit of $735Million in 2023 trailed that of 2022 ($1,086Million) by a whopping $351Million. The - [Falade, Shell’s Chair in Namibia, Takes the Helm at Brunei LNG](https://africaoilgasreport.com/2024/03/petroleum-people/falade-shells-chair-in-namibia-takes-the-helm-at-brunei-lng/) - UK major Shell has appointed Leye Falade as Managing Director, of Brunei LNG. The Nigerian engineer had only just resumed as Chief Executive of Shell Namibia five months ago. In Shell’s global organogram, Falade will, in the new role, report to Peter Costello, Executive Vice President Conventional Oil & Gas. Brunei LNG is 50% owned - [FEED will Start on VAALCO’s Eq Guinea Project, but No Clear Sight to FID](https://africaoilgasreport.com/2024/03/in-the-news/feed-will-start-on-vaalcos-eq-guinea-project-but-no-clear-sight-to-fid/) - Houston based minnow VAALCO says it will now proceed with its Front-End Engineering Design (FEED) study on the devilment and production of the Venus field, after the Government of Equatorial Guinea approved the Joint Operating agreement (JOA) related to the previously approved the Plan of Development (POD). Venus has estimated 23.1Million barrels of oil (MMBO) - [Shell’s LNG China Gamble: Backing the Wrong Horse?](https://africaoilgasreport.com/2024/03/gas-monetization/shells-lng-china-gamble-backing-the-wrong-horse/) - Shell’s LNG Outlook 2024 forecasts that China will grow its LNG requirements more than 50% by 2040: rising to23Trillion Cubic FeetTcf (675Billion Cubic Metres (Bcm) in 2040 from 14Tcf(400Bcm) in 2023. Yet Shell’s optimism may be premature. The Global LNG Outlook 2023-2027, published by the Institute for Energy Economic and Financial Analysis IEEFA, casts a - [With $64Million To Spare, AOC Aims for More of Namibia’s Pie](https://africaoilgasreport.com/2024/03/farm-in-farm-out/with-64million-to-spare-aoc-moves-to-cut-more-of-namibias-growing-pie/) - By Toyin Akinosho Africa Oil Corp. has offered to acquire from minority shareholders in Impact Oil and Gas Limited up to 8.0% of the issued shares in Impact. This is expected to lead to AOC holding 39.1% of Impact, as the former currently holds a 31.1% shareholding in the latter. The move, announced March 18, - [Savannah Moves to a Fuller Control of Stubb Creek Oil Field](https://africaoilgasreport.com/2024/03/farm-in-farm-out/savannah-moves-to-fully-take-over-stubb-creek-oil-field/) - Savannah Energy, a UK minnow, has signed separate Share Purchase Agreements (SPAs) with Sinopec International Petroleum Exploration and Production Corporation (SIPEC) and Jagal Ventures Limited (Jagal) to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company Nigeria Limited SIPEC’s principal asset is a 49% non-operated interest in the Stubb - [Egypt’s Local Currency Float Attracts Billions of Dollars Inflow, But Inflation Jumps](https://africaoilgasreport.com/2024/03/in-the-news/egypts-local-currency-float-attracts-billions-of-dollars-inflow-but-inflation-jumps/) - By Toyin Akinosho, Publisher The Egyptian government expects close to $30Billion from external investors to flow into the country before end of 2024, as a result of the central bank floating the Egyptian Pound (E£) on March 6, 2024, among other measures. The country’s Ministry of Finance reportedly declares that over $3Billion has come into - [Half of Shell’s total flared gas in 2023 from assets in SPDC, SNEPCO](https://africaoilgasreport.com/2024/03/gas-monetization/half-of-shells-total-flared-gas-in-2023-from-assets-in-spdc-snepco/) - By Lukman Abolade, Senior Correspondent In 2023, half of UK major, Shell's combined routine and non-routine gas flaring at its integrated gas and upstream facilities originated from assets managed by SPDC and Shell Nigeria Exploration and Production Company (SNEPCo). This was contained in its recently released Energy Transition Strategy report, stating that the total routine - [South Africa Passes a Historic Electricity Regulation Amendment Act](https://africaoilgasreport.com/2024/03/power-deficit/south-africa-passes-a-historic-electricity-regulation-amendment-act/) - South Africa’s National Assembly has passed the Electricity Regulation Amendment Bill into an Act of parliament. The legislation is considered by many experts as the most significant reform of the country’s electricity supply industry since 1923 when Escom was established. “It will have profound impacts for the sustainability of the power system”, says Anton Eberhard, - [Okunbor Warned of the Fall in February, Forecasting Nigeria’s Output Plunge](https://africaoilgasreport.com/2024/03/in-the-news/okunbor-warned-of-the-fall-in-february-forecasting-nigerias-output-plunge/) - By Macson Obojemuinmoin ‘January 2024 Recorded 1.7Bscf/d, Our Highest Contribution to NLNG in Three Years’... Osagie Okunbor, Chair of Shell Companies in Nigeria (SciN), warned of the likely crash in Nigeria’s crude oil output in February 2024, two weeks before the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed, on its website, the 104,000Barrels Per Day - [TOTAL Takes More Stake in South Africa as It Sweeps for Region wide, “Greater Venus” Development](https://africaoilgasreport.com/2024/03/farm-in-farm-out/total-takes-more-stake-in-south-africa-as-it-sweeps-for-region-wide-greater-venus-development/) - By Toyin Akinosho French major TOTALEnergies has grabbed more stake in the South African part of the prolific Orange Basin, in a quest for accelerated appraisal to unlock a commercial project at the field perimeter of the Venus discovery offshore Namibia and encompassing South Africa. The European giant signed, together with its partner QatarEnergy, an - [ SunTrust Atlantic Energies Limited (formerly SunTrust Oil)](https://africaoilgasreport.com/2024/03/advertorial/suntrust-atlantic-energies-limited-formerly-suntrust-oil/) - PARTNER CONTENT SunTrust Atlantic Energies Limited ("SunTrust”) is a wholly indigenous exploration and production (E&P) company currently operating in Nigeria. SunTrust has actively participated in the Nigerian Upstream industry since 2003 with equity interests in OMLs 56 and 23 (now PPL 202). The Nigerian Government awarded SunTrust a 30% interest in the Umusadege field located - [ENI Makes Another “Significant“  Discovery in Côte d’Ivoire](https://africaoilgasreport.com/2024/03/oil-patch-sub-sahara/eni-makes-another-significant-discovery-in-cote-divoire/) - By Adeniyi Adeoloye Italian major ENI has made yet another discovery offshore Côte d’Ivoire. This is coming after its Baleine find in 2021 which commenced production in August 2023. The discovery, christened Calao, was penetrated by the Murene 1X well. “Light oil, gas and condensates were encountered at different intervals in Cenomanian age reservoirs with - [Nigeria’s President Issues Policy Directives on Non-Associated Gas Investment, Contracting Cycle Timeline, Local Content and New Deepwater Developments](https://africaoilgasreport.com/2024/03/in-the-news/nigerias-president-issues-policy-directives-on-non-associated-gas-investment-contracting-cycle-timeline-local-content-and-new-deepwater-developments/) - The office of Nigeria’s president, Bola Ahmed Tinubu, says the President has initiated the amendment of primary legislation to introduce fiscal incentives for oil and gas projects, reduce contracting costs and timelines, and promote cost efficiency in local content requirements. This action, “follows the extensive engagements as well as analyses, and benchmarking with other jurisdictions” - ["There is Room to Build a Few More Nigerian Independents for the Remaining Divestments"](https://africaoilgasreport.com/2024/03/in-the-news/a-a-holdings-will-play-an-increasingly-larger-role-in-the-oil-majors-divestments-from-nigeria-avuru/) - With divestment of chunkier sizes of assets in the last 30 months, International Oil Companies are selling off far more acreages to Nigerian independents than they did at the beginning of the current era of asset divestments in 2009. ExxonMobil sold its entire shallow water subsidiary to Seplat; ENI sold all of its onshore assets - [The Lobito Corridor: A Highway to Heaven or  Hewers of Wood and Drawers of Water?](https://africaoilgasreport.com/2024/03/energy-transition/the-lobito-corridor-a-highway-to-heaven-or-hewers-of-wood-and-drawers-of-water/) - Is the Lobito Corridor, which traverses 1,300 kilometres east through Angola from the Atlantic Ocean coast to theborder with the Democratic Republic of Congo (DRC) and within easy reach of the Zambian border becoming a neo-colonial route for the transport of critical raw materials (CRMs) for China, Europe and the USA? Will the countries who - [NCDMB poised to have new Financial, Prosecutorial Powers, Keep 20% of Content Fund for Administrative Costs, under Proposed Amendment Bill](https://africaoilgasreport.com/2024/03/in-the-news/ncdmb-poised-to-have-new-financial-prosecutorial-powers-keep-20-of-content-fund-for-administrative-costs-under-proposed-amendment-bill/) - By Lukman Abolade, Senior Correspondent The Nigerian Content Development and Monitoring Board (NCDMB) will have the power to enter into financial partnerships with public and private institutions, among other new regulatory functions, if the law setting up the institution is amended in the current form being presented at the National Assembly. The bill before the - [Even With a Large, Brand New, Hydropower Project, Nigerians Will Suffer Outages](https://africaoilgasreport.com/2024/03/power-deficit/even-with-a-large-brand-new-hydropower-project-nigerians-will-suffer-outages/) - By Lukman Abolade, Senior Correspondent Challenges around transmission and distribution of electricity will hobble the efficacy of Nigeria’s newly commissioned Zungeru Hydroelectric Power Plant, the country’s fifth largest generating facility, going by installed capacity. The government constructed, commissioned and concessioned the $1.3Billion plant to Penstock Limited, on February 20, 2024. Penstock Ltd is a subsidiary - [My Oil Well Is in Your Premises](https://africaoilgasreport.com/2024/03/in-the-news/my-oil-well-is-in-your-premises-2/) - BLAST FROM THE PAST/FROM OUR ARCHIVES By Toyin Akinosho The just concluded court battle between Cross River and Akwa Ibom States rewrites the Eritrean war of independence in small letters. Cross River was praying Nigeria’s highest court to confer on it the status of a littoral state. It wanted to be defined-even if not by - [The Point of Success is Giving Back to Society-Austin Avuru](https://africaoilgasreport.com/2024/03/petroleum-people/the-point-of-success-is-giving-back-to-society-austin-avuru/) - Three and half years after he retired as CEO of Seplat Energy, the London listed E&P firm he co-founded, AUSTIN AVURU runs A A Holdings, a boutique investment firm focused on upstream hydrocarbon portfolio as well as real estate and equity investing. Mr. Avuru is also keen on A A Foundation, a charitable outfit to - [Africa’s So Called Refining Boom Has Come Very Late/Our Latest Issue](https://africaoilgasreport.com/2024/03/in-the-news/africas-so-called-refining-boom-has-come-very-late-our-latest-issue/) - The start-up of the Dangote Refinery in the east of Lagos in January 2024 and the likelihood of commissioning of Sonangol’s Cabinda refinery by July 2024 will not entirely make Africa self-sufficient in petroleum products supply. “The continent will remain a major importer of refined products in the foreseeable future due to the lack of - [PetroSA Finally Gets a Substantive CEO](https://africaoilgasreport.com/2024/03/petroleum-people/petrosa-finally-gets-a-substantive-ceo/) - The South African government has finally appointed a substantive Chief Executive Officer for the state hydrocarbon company. Xolile Sizani, a former CEO of the facilities management group Servest and the Medipos medical scheme, is the first CEO of PetroSA in at least seven years not appointed in acting capacity He replaces Sesakho Magadla, who was - [Tony Attah is Back: He takes the Leadership of Renaissance](https://africaoilgasreport.com/2024/03/petroleum-people/tony-attah-is-back-he-takes-the-leadership-of-renaissance/) - Tony Attah has returned. The former Managing Director of the Nigeria Liquefied Natural Gas (NLNG) Ltd has taken the helm of Renaissance Africa Energy Company, the consortium of five companies which has just acquired Shell Petroleum Development Company (SPDC) of Nigeria. Attah is the new Chief Executive and managing Director of the newly formed, incorporated - [Will the Current Drilling in Tobias Oil Field Bring New Life to Angola’s Onshore Kwanza Basin?](https://africaoilgasreport.com/2024/02/oilpatch-sahara/will-the-current-drilling-on-tobias-oil-field-bring-new-life-to-angolas-onshore-kwanza-basin/) - Oil industry analysts and observers, both Angola-based and overseas, are closely watching a well testing programme underway in the Tobias oil field, located in the onshore Kwanza Basin, approximately 90 kilometres south of Angola’s capital city of Luanda. This oil field has been inactive since it was abandoned in 1998 during Angola’s long civil war. - [If Ojukwu Could Lay Claim, Why Should I, on Whose Land the Oil Was, Not Let the World Know?](https://africaoilgasreport.com/2024/02/book-excerpt/if-ojukwu-could-lay-claim-why-should-i-on-whose-land-the-oil-was-not-let-the-world-know/) - BOOK EXCERPT/BLAST FROM THE PAST I had begun to speak to friends and to stir up resistance wherever I could. I cannot say that I was particularly successful, for people were generally frightened. A few who saw the truth stood their grounds. Many, even the educated, did not understand, so entirely misled by propaganda were - [Paulino Jerónimo Gets a Second Term as Head of Angola’s Petroleum Regulator](https://africaoilgasreport.com/2024/02/in-the-news/paulino-jeronimo-gets-a-second-term-as-head-of-the-board-of-angolas-petroleum-regulatory-agency/) - Angolan President João Lourenço, declared the term of office of the Board of Directors of the National Oil, Gas and Biofuels Agency (ANPG) to be over. The Presidential Decree signed on February 19, 2024 affected Paulino Fernando de Carvalho Jerónimo, president of the Board of Directors; César Paxi Pedro, administrator; Nataxa Alexandre Tavares Ferreira Monteiro - [The Downstream Gas Market Has a Large Headroom to Grow in Nigeria](https://africaoilgasreport.com/2024/02/gas-monetization/the-downstream-gas-market-has-a-large-headroom-to-grow-in-nigeria/) - In the third and final part of a C-Suite interview series, AOGR’s Akpelu Paul Kelechi, searches for insights to Aradel Holdings’ Natural Gas Development Plans in Nigeria. Excerpts from the answers by GBITE FALADE, the company’s CEO... In a recent report, Aradel Holdings quoted the realised price for gas at $2.1 per thousand cubic feet - [”This is The Year We Take  Exception…We do the Listing”…](https://africaoilgasreport.com/2024/02/in-the-news/this-is-the-year-we-take-exceptionwe-do-the-listing/) - In the second of a three-part series, GBITE FALADE, Chief Executive Officer of Aradel Holdings, the Nigerian integrated energy provider, fields a wide range of questions, including, very specifically, the company’s view of listing on a stock exchange, a taboo subject for most Nigerian independents. Excerots of the conversation, by Akpelu Paul Kelechi Aradel has - [Africa Energy Bank to Decide Headquarters in March 2024, Launch Before June](https://africaoilgasreport.com/2024/02/in-the-news/africa-energy-bank-to-decide-headquarters-in-march-2024-launch-before-june/) - By Lukman Abolade, Senior Correspondent The highly anticipated multi-billion-dollar Africa Energy Bank, spearheaded by the African Petroleum Producers' Organization (APPO) with support from the African Export-Import Bank (Afreximbank), is slated to be operational before June 2024, with the announcement of its host country headquarters expected in March of the same year. Omar Ibrahim, the Secretary-General - [Chasing the Orange Basin from Namibia to Brazil](https://africaoilgasreport.com/2024/02/geosciences/chasing-the-orange-basin-from-namibia-to-brazil/) - Preliminary interpretation of a vast swath of three dimensional(3D) seismic data in Namibia’s hydrocarbon rich Orange Basin, has provided clues for a contiguous relationship between the Orange basin and the Pelota basin in Southern Brazil and Uruguay. “The time for a conjugate leap from the significant discoveries of Namibia’s Orange Basin to the unexplored Pelotas - [French Developer Gets Financing For 240MW Hybrid Renewable Project in South Africa](https://africaoilgasreport.com/2024/02/energy-transition/french-developer-gets-financing-for-240mw-hybrid-renewable-project-in-south-africa/) - By Toyin Akinosho, in Lagos French independent power producer, Engie, has, together with its partners, made it to financial close for the Oya Energy project in the Western and Northern Cape Provinces of South Africa. The hybrid renewable energy project involves the construction of a 155 MWp solar photovoltaic park and an 86 MW wind - [Gabon Formally Takes Over Carlyle’s Assets, Elbows Out M&P](https://africaoilgasreport.com/2024/02/farm-in-farm-out/gabon-formally-takes-over-carlyles-assets-elbows-out-mp/) - By Toyin Akinosho, in Lagos The Government of Gabon, after exercising pre-emptive rights over the sale of all of Carlyle owned Assala Energy’s E&P assets in the country to Maurel et Prom (M&P), has finally signed a formal sales and purchase agreement with the latter. So, it’s done. The transaction was sealed February 15, 2024, - [PetroSA Gets its Umpteenth Acting New CEO](https://africaoilgasreport.com/2024/02/petroleum-people/petrosa-gets-its-umpteenth-acting-new-ceo/) - South Africa has appointed a new acting Chief Executive officer for PetroSA, the state hydrocarbon company. Sesakho Magadla, who has an engineering background, succeeds former acting CEO Sandisiwe Ncemane, who has returned to the Central Energy Fund (CEF), the parent company of PetroSA. Ms. Magadla, until her new appointment, was acting as COO for the - [Emuwa Takes the Chairmanship of the Board of AFC](https://africaoilgasreport.com/2024/02/petroleum-people/emeka-emuwa-takes-the-chairmanship-of-the-board-of-afc/) - Africa Finance Corporation (AFC) has appointed Emeka Emuwa as Chairman of its Board of Directors. The energy and infrastructure financier says that the new chairman’s “extensive experience and unwavering dedication to the advancement of Africa make him a valuable asset to AFC at a time when the Corporation is rapidly expanding its operations across the - [Is Energy Transition the Investment Megatrend of 2024?](https://africaoilgasreport.com/2024/02/energy-transition/is-energy-transition-the-investment-megatrend-of-2024/) - The energy transition could be one of the investment megatrends this year and beyond as the world’s leading economies move to an era of interest rate cuts. Central banks around the world continue to hold rates steady for the time being, but with growing expectations that they will begin to cut them in the first - [Energy Transition: Africa Must Rethink Problems, Solutions Prescribed by Developed Countries](https://africaoilgasreport.com/2024/02/energy-transition/energy-transition-africa-must-rethink-problems-solutions-prescribed-by-developed-countries/) - By Lukman Abolade, Senior Correspondent Omar Farouk Ibrahim, Secretary General of African Petroleum Producers’ Organization (APPO), says that Africa must rethink the identified problems and solutions prescribed by developed countries in order for the continent to reach its full potential. “Africa should be original in analysing our situation, take critical look at where we are - [Shell Nigeria Recommences Crude Oil Supply to the Port Harcourt Refinery (PHRC)](https://africaoilgasreport.com/2024/02/refining-gap/shell-nigeria-recommences-crude-oil-supply-to-the-port-harcourt-refinery-phrc/) - The Shell operated Bonny Oil & Gas Terminal completed the supply of over 475,000barrels of crude oil to Port Harcourt Refining Company (PHRC) after a prolonged outage of over five years, during which the Refinery underwent rehabilitation and integrity activities on its supply pipeline from BOGT. “This significant milestone was made possible through intensive preparations, - [Angola Regulator Expects 16% Jump in Drilling Activity ](https://africaoilgasreport.com/2024/02/oil-patch-sub-sahara/angola-regulator-expects-16-jump-in-drilling-activity/) - Angola National Oil, Gas and Biofuels Agency (ANPG) has announced that 43 oil wells are planned to be drilled in 2024, six more wells compared to the 37 wells drilled in 2023. The agency lamented that the country is currently producing 1.1Million barrels daily, “quantities that would reach 1.2 million barrels of oil per day, - [TOTAL Tops Up Nigerian Output with A Trickle of Condensate in Akpo West Field](https://africaoilgasreport.com/2024/02/in-the-news/total-tops-up-nigerian-output-with-a-trickle-of-condensate-in-akpo-west-field/) - By Toyin Akinosho French oil supermajor TOTALEnergies has announced the commencement of production from the Akpo West Field. By mid-2024, the company said, “Akpo West will add 14,000 barrels of condensate production per day”. That volume is about 1% of the country’s crude oil and condensate output. A big announcement about the commissioning of - [‘We’ve Bolstered Our Credentials in Nigerian Crude Oil Refining’](https://africaoilgasreport.com/2024/02/refining-gap/weve-bolstered-our-credentials-in-nigerian-crude-oil-refining/) - In the first of a three-part series, GBITE FALADE, CEO of the Nigerian integrated energy provider Aradel Holdings, fields questions around the sustenance, daily obstacles and the opportunities in the Nigeria’s burgeoning private sector crude oil refining business He spoke to Akpelu Paul Kelechi There is a very poor understanding of the profitability of the - [The Politics of African Oil Conferences](https://africaoilgasreport.com/2024/02/in-the-news/the-politics-of-african-oil-conferences/) - By Toyin Akinosho In 1994, South Africa’s first year of fully democratic elections, the Africa Oil Week (AOW) began in Cape Town, the country’s widely acclaimed ‘mother city’. Christened ‘Africa Upstream’, at the time, the Conference was inaugurated in Camps Bay, “a beautiful locale over the towering Cape peaks, facing the ever cold Atlantic”, reports - [ “We Are Delivering the Oil Export Terminal, Way Ahead of Schedule”](https://africaoilgasreport.com/2024/02/in-the-news/we-are-delivering-the-oil-export-terminal-way-ahead-of-schedule/) - By AKPELU PAUL KELECHI Kayode Adegbulugbe, Chief Operating Officer of Green Energy International Ltd (GEIL) is upbeat. He is out to make a statement and believes that he has nearly clinched it: delivering Nigeria’s first indigenous Onshore Terminal at Otakikpo, in Oil Mining Lease (OML) 11, Rivers State. Achieving that would be a major milestone - [Who Will TGS Acquire Next?](https://africaoilgasreport.com/2024/02/in-the-news/who-will-tgs-acquire-next/) - After a string of acquisitions of smaller rivals over the last four years, TGS finally moved on one of the big ones: PGS As the company’s chewing of PGS graduates into a swallow, the question comes up: who is TGS’ next acquisition target? CGG? The TGS-PGS tie up is a massive challenge to CGG’s dominance - [Nigeria Still Searching for the Floor of its Natural Gas Output](https://africaoilgasreport.com/2024/02/gas-monetization/nigeria-still-searching-for-the-floor-of-its-natural-gas-output/) - The Nigerian gas market did not step-up in September 2023, if the volumes by the main indigenous gas producers were any indication. Oando, the largest indigenous gas producer on a gross basis, experienced a large drop from 482Million standard cubic feet a day (482M Mscf/d) in August 2023, to 344MMscf/d in September 2023, in the - [Perenco Moves on to Mayumba Gas to Power Project in Gabon](https://africaoilgasreport.com/2024/02/gas-monetization/perenco-moves-on-to-mayumba-gas-to-power-project-in-gabon/) - Perenco has signed a Memorandum of Understanding (MoU) with the Government of Gabon to commence the first phase (20MW) of a Gas to Power Project in Mayumba. The Anglo- French player will be investing $50Million to collect, process and export offshore gas. The 20MW power to be injected from the project into the Gabon south - [Algeria Reduces Taxes, Offers Development in Mature Fields](https://africaoilgasreport.com/2024/02/in-the-news/algeria-reduces-taxes-offers-development-in-mature-fields/) - Algeria’s new law has altered the investment environment to attract international oil companies, by reducing taxes significantly, while also removing customs duties and taxes on most imported E&P equipment. “We are not only looking to offer exploration assets, but going beyond that and offering asset development on mature assets”, according to Fethi Arabi. Vice-President, Business - [Nigeria's 2024 Budget: Why the Prognosed 1.78MMBOPD Output Looks Like a Pipe Dream](https://africaoilgasreport.com/2024/01/in-the-news/nigerias-2024-budget-why-the-prognosed-1-78mmbopd-output-looks-like-a-pipe-dream/) - By the Editorial Board of Africa Oil+Gas Report The Nigerian government’s assumption of an average output of 1.78Million Barrels of Oil and Condensate per day (1.78MMBPD) in its 2024 Budget is exceedingly exaggerated, in the opinion of Africa Oil+Gas Report. The 2023 average daily output (year to date) for crude oil and condensate as of - [Africa and Latin America set to lead high-impact well drilling in 2024, eyeing rebound after poor 2023](https://africaoilgasreport.com/2024/01/oil-patch-sub-sahara/africa-and-latin-america-set-to-lead-high-impact-well-drilling-in-2024-eyeing-rebound-after-poor-2023/) - By Rystad Energy The upstream industry hopes 2024 can be a bounce-back year for high-impact oil and gas drilling after a lackluster 2023, with Africa and Latin America likely to spearhead activities. Rystad Energy has identified 36 potential high-impact wells to be drilled or spud in 2024, the highest annual total since we started tracking - [Uganda Finalises Funding Talks with New Refinery Investors  ](https://africaoilgasreport.com/2024/01/refining-gap/uganda-finalises-funding-talks-with-new-refinery-investors/) - Final negotiations for the financing and construction of Uganda’s $4Billion domestic refinery began on January 16, 2024, after Alpha MBM Investments from the United Arab Emirates was chosen by the government of Uganda as preferred bidder. The breakthrough was announced by Ruth Nankabirwa, Uganda’s Minister of Energy and Mineral Development, at the first of a - [Libya's Al Sharara Back in Production](https://africaoilgasreport.com/2024/01/in-the-news/libyas-al-sharara-back-in-production/) - By Mohammed Jetutu, in Cairo The prospect of Libya producing less than 900,000 Barrels per day of crude in January 2024, still remains, but the country has had a reprieve with the return of the Al Sharara field to production. The National Oil Corporation (NOC), Libya's state hydrocarbon company, says it has lifted force majeure - [Angola Announces Results of 2023 Bid Round](https://africaoilgasreport.com/2024/01/in-the-news/angola-announces-results-of-2023-bid-round/) - By Sully Manope, in Windhoek Angola's National Oil, Gas and Biofuels Agency (ANPG) has released the list of winners of the 2023 bid round of onshore blocks in the Congo and Kwaza Basins. Nine companies qualified as operators, including Etu Energias (the company formerly known as Somoil), Sonangol, Serinus Energy, Walcot Limited, Acrep S.A., Grupo - [Cancelling Domestic Crude Oil Allocation is Nigeria’s Surest Path to Easing Forex Supply Crunch](https://africaoilgasreport.com/2024/01/partner-content/cancelling-domestic-crude-oil-allocation-is-nigerias-surest-path-to-easing-forex-supply-crunch/) - PARTNER CONTENT/AGORA POLICY By Babajide Fowowe Nigeria is currently struggling with a severe crunch in the supply of foreign exchange (forex), which negatively impacts the value of the Naira, its national currency. Both the official and the unofficial forex markets are afflicted by what is basically a liquidity and flow challenge. A number of initiatives - [Shell is Also Among: Natural Gas Carriers, Oil Ships, Massively Impacted by Red Sea Diversion](https://africaoilgasreport.com/2024/01/in-the-news/shell-is-also-among-natural-gas-carriers-oil-ships-massively-impacted-by-red-sea-diversion/) - UK major Shell has halted shipments of commodity through the Red Sea and the Gulf of Aden as missile attacks continue on one of the world’s most important shipping routes. The company was responding to a series of attacks by the militant Yemeni group, named the Houthi rebels, involving missiles and drones, targeting commercial vessels - [Dangote Refinery Starts Up With 350,000BOPD, Will Work with the Market for Supplies](https://africaoilgasreport.com/2024/01/refining-gap/dangote-refinery-starts-up-with-350000bopd-will-work-with-the-market-for-supplies/) - The Dangote Petroleum Refinery, which announced its commencement of production over the last weekend, started by utilizing 350,000Barrels of Oil Per Day from its storage, to output diesel and aviation fuel, for now. The facility, located in the Lekki Free Zone in the eastern flank of Lagos, Nigeria, has a name plate capacity for 650,000BOPD, - [NDWestern led Consortium Wins the Purchase of SPDC, Shell’s ‘Flagship' Subsidiary in Nigeria](https://africaoilgasreport.com/2024/01/in-the-news/ndwestern-led-consortium-wins-the-purchase-of-spdc-shels-signature-subsidiary-in-nigeria/) - By Macson Obojemuinmoin, in Lagos UK supermajor Shell Plc has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group. Renaissance comprises of ND Western, Aradel - [CALL FOR APPLICATION 2023/2024 ACADEMIC YEAR](https://africaoilgasreport.com/2024/01/tenders/call-for-application-2023-2024-academic-year/) - Postgraduate Programmes in Petroleum and Energy Studies FUPRE Energy Business School, Effurun, Warri NIGERIA Model: Modular Duration: 12 Months BOP: 012023or072023 ECP: $500perModule Facilitator: Wumi Iledare, PhD Professor Emeritus & Executive Partner, PetroNet-Africa Network of Petroleum and Energy Experts (PANofPEE) WhatsApp +2348057657494 info@petronetafrica.com The Federal University of Petroleum Resources calls for applications for admission into - [Omani Company in 40MMsf/d Gas Sale Agreement with Tanzanian Government](https://africaoilgasreport.com/2024/01/gas-monetization/omani-company-in-40mmsf-d-gas-sale-agreement-with-tanzanian-government/) - Oman based vehicle ARA Petroleum Tanzania (APT), together with its UK partner AMINEX Plc, has signed a gas sales agreement (GSA) for the sale of gas from the Ntorya field to the Tanzania Petroleum Development Corporation (TPDC). APT, which was established in 2018 for the purpose of accelerating the development of the Ntorya accumulation, is - [TOTAL Grabs More Stake in Juicy Namibian Blocks, Moves towards Venus Development](https://africaoilgasreport.com/2024/01/farm-in-farm-out/total-grabs-more-stake-in-juicy-namibian-blocks-moves-towards-venus-development/) - TOTALEnergies has signed an agreement to acquire an additional 10.5% participating interest in Namibia’s block 2913B and an additional 9.39% participating interest in block 2912, from Impact Oil and Gas. Both acreages are operated by the French major. “TOTALEnergies’ intention is to share this additional participating interest with its strategic partner and joint venture member - [‘The Catalytic Reformer is Too Expensive’ ((OPAC)...’No We Can Afford It’ (ARADEL)...](https://africaoilgasreport.com/2024/01/refining-gap/the-catalytic-reformer-is-too-expensive-opac-no-we-can-afford-it-aradel/) - Nigeria’s small scale crude oil refiners have been producing diesel, kerosene, jet fuel, high pour fuel oil, even naphtha, for, in some cases, over the last 12 years. Now that a chunk of the government’s subsidy on Premium Motor Spirit has been removed, some of the companies are mulling ideas about secondary refining, which takes - [‘Nembe Blend’: AITEO Plans Alternative Pipeline, West of NCTL, Headed for  Brass](https://africaoilgasreport.com/2024/01/in-the-news/nembe-blend-aiteo-plans-alternative-pipeline-west-of-nctl-headed-for-brass/) - The Nigerian independent AITEO Eastern E&P currently produces its crude into a dedicated Floating Storage and Offloading (FSO) vessel named Galilean 7, ’located offshore Brass, in the Atlantic Ocean. The FSO, which has an export permit as a ‘terminal’, is sited west of the Bonny Terminal, the facility in which AITEO previously disposed its output. - [Nigeria Requires 45 Rigs, drilling 426 Wells in Two Years, to Return to ‘Normal’ Production](https://africaoilgasreport.com/2024/01/in-the-news/nigeria-requires-45-rigs-drilling-426-wells-in-two-years-to-return-to-normal-production/) - Panel says: Lack of midline compression on ELPS is a disincentive to gas development IOC Divestment of Assets to Local Indies Requires Improved Regulatory Oversight The hand over of large, producing acreages from international oil and gas majors to local companies is a transition that determines how quickly Nigeria can ramp up and sustain production - [The Southern Seaboard Will Remain the Flavour in 2024/Our Latest Issue](https://africaoilgasreport.com/2024/01/in-the-news/the-southern-seaboard-will-remain-the-flavour-in-2024-our-latest-issue/) - One full month to Christmas 2023, Invictus Energy, the Australian junior working up a promising onshore exploration tract in Zimbabwe, declared that it had made a discovery of natural gas in the second well it was drilling on the Mukuyu structure, in the landlocked country. Less than 10 days later, Invictus reported it had signed - [Predictions and Possible Scenarios for 2024](https://africaoilgasreport.com/2024/01/in-the-news/predictions-and-possible-scenarios-for-2024/) - 2024 is upon us. Below four possible scenarios of what we may anticipate: A tightening rig market which could delay or postpone exploration drilling; Moving eastward: the important Middle East-Asian(China) axis also involving Africa; New energy: in search of its soul? Angola: symbol of Africa and its involvement with exploration, the Chinese effect in Africa, - [Nigerian Domestic Gas Market: How We Threw It All Away](https://africaoilgasreport.com/2023/12/gas-monetization/nigerian-domestic-gas-market-how-we-threw-it-all-away/) - BOOK EXCERPT It was a balmy Wednesday afternoon in May 1989, when news came over the radio that the Armed Forces Ruling Council (AFRC), Nigeria’s highest decision-making body, had approved the Gas Pricing Policy my team and I had worked on for nearly three years. With hugs, high fives and jubilation in the room, we - [COP28: Continuing the Fossil Fuel Conversation](https://africaoilgasreport.com/2023/12/energy-transition/cop28-continuing-the-fossil-fuel-conversation/) - The Conference of Parties (COP) is an annual UN climate and nature summit, usually attended by heads of governments with the aim of arresting and controlling global warming and climate change. COP28 closed in Dubai, United Arab Emirates, on 12th December 2023, after two weeks of deliberations and negotiations. In a speech delivered at the - [With Little to Show, Kyari Gifted New Tenure](https://africaoilgasreport.com/2023/11/in-the-news/with-little-to-show-kyari-wangles-new-tenure/) - By the Editorial Board of Africa Oil+Gas Report With the approval of a new board and management team of the state hydrocarbon company, the Nigerian President Bola Tinubu, has effectively given a vote of confidence on Mele Kolo Kyari, NNPC Ltd’s Group Chief Executive Officer. Mr. Kyari has been the company’s CEO since July 2019. - [FAMFA Oil Gets Six Blocks Offshore Sierra Leone](https://africaoilgasreport.com/2023/12/farm-in-farm-out/famfa-oil-gets-six-blocks-offshore-sierra-leone/) - The government of Sierra Leone has awarded six offshore oil blocks to F. A. Oil Limited as part of its fifth licensing round. The country’s Ministry of Energy and Power signed the petroleum license agreement in the capital, Freetown, on Dec. 4, 2023, the government says in a release. The acreages, including blocks 53, 54, - [Invictus Moves Closer to Launching the Zimbabwean Gas Market](https://africaoilgasreport.com/2023/12/gas-monetization/invictus-moves-closer-to-launching-a-zimbabwean-domestic-gas-market/) - Australian junior Invictus Energy, and One Gas Resources have executed an updated Gas Supply Memorandum of Understanding (MoU) with Mbuyu Energy, a Zimbabwean consortium led by IPP developer Tatanga Energy. The consortium, which includes existing Invictus’ institutional shareholder Mangwana Opportunities Fund, is seeking to develop a 500MW Gas to Power project. “Following the recent confirmation - [Building Capacity for Africa’s Renewables Sector](https://africaoilgasreport.com/2023/12/energy-transition/building-capacity-for-africas-renewables-sector/) - One of those hurdles will be preparing domestic workforces for employment and leadership in the growing renewable energy sector Consider this paradox: Nigeria has achieved the largest economy in Sub-Saharan Africa, but 45%, or about 85Million, of its residents still live without electricity. Across Sub-Saharan Africa, that figure looms to 600Million. I believe renewable energy - [TOTAL Starts Constructing a 216 MW Solar Plant with Battery Storage in South Africa](https://africaoilgasreport.com/2023/12/energy-transition/total-starts-constructing-a-216-mw-solar-plant-with-battery-storage-in-south-africa/) - TOTALEnergies says it is launching the construction of a major hybrid renewables project in South Africa, and its partners. The project comprises a 216 MW solar plant and a 500 MWh battery storage system to manage the intermittency of solar production. “Located in the Northern Cape province, the site will supply dispatchable renewable electricity to - [Renewable Hydrogen: Key to Defossilising Hard-to-electrify Industries](https://africaoilgasreport.com/2023/12/energy-transition/renewable-hydrogen-key-to-defossilising-hard-to-electrify-industries/) - When it comes to renewable hydrogen, there is a clear gap between ambition and reality. On the one hand, there is widespread recognition that renewable hydrogen is the only real option for defossilizing hard-to-electrify sectors like shipping, aviation, and steelmaking, which contribute around 30 percent of global greenhouse gas emissions. This is why governments have - [Post-COP28: What Now? Waiting for the Sky to Fall?](https://africaoilgasreport.com/2023/12/energy-transition/post-cop28-what-now-waiting-for-the-sky-to-fall/) - Instead of a narrative from myself I find it best suited to give attention to Princeton University’s Carbon Mitigation Initiative (CMI), which has aptly described, in summary fashion, the state of our little planet Earth and provided a sobering roadmap. I have taken the liberty to quote literally CMI’s narrative. The key is building a - [NUPRC Accused of Favouritism in Marginal Field License Dispute](https://africaoilgasreport.com/2023/12/farm-in-farm-out/nuprc-accused-of-favouritism-in-marginal-field-license-dispute/) - By Lukman Abolade, Senior Correspondent Nigeria's Upstream Regulatory Commission (NUPRC) has been accused of favouritism and undue interference in the allocation of a license to exploit the Ekpat Marginal Field, located in Oil Mining Lease (OML) 67 to MultiPlan Nigeria Limited after initially awarding the bid to another company, Magnumflo Nigeria Limited. The dispute originated - [Tanzanian Government to Grab Higher Share in 100MMscf/d Gas Producing Acreage](https://africaoilgasreport.com/2023/12/farm-in-farm-out/tanzanian-government-to-grab-higher-share-in-100mmscf-d-gas-producing-acreage/) - “TPDC can purchase a 20% production interest in Mnazi Bay, increasing its ownership to 40% in the project. The joint operating agreement will be amended...” Paris headquartered junior, Maurel et Prom (M&P), has signed an agreement with the Tanzanian government, that leads, it says as “a positive step towards receiving the approvals to complete the acquisition” - [AfGIIB, InfraCorp & Solarge Plan ‘Large Scale’ Solar PV Manufacture in Nigeria](https://africaoilgasreport.com/2023/12/energy-transition/afgiib-infracorp-solarge-plan-large-scale-solar-pv-manufacture-in-nigeria/) - A solar PV manufacturing plant, described as one of the first large scale production facilities in the world for lightweight solar panels with ultra-low carbon footprint, is being planned for development in Nigeria. The 1,000MW capacity project is a collaboration between the Infrastructure Corporation of Nigeria (InfraCorp), a $15Billion government-backed, privately managed infrastructure development, the - [Tanzania Approves Assignment of Afren’s Former Interest to Octant](https://africaoilgasreport.com/2023/12/farm-in-farm-out/tanzania-approves-assignment-of-afrens-former-interest-to-octant/) - Tanzania’s Minister of Energy has approved the assignment of 74% interest in the Tanga block from Afren Tanzania Ltd. to Octant Energy Tanzania Ltd., in accordance with Section 86(2) of the Petroleum Act 2015. The parties Petrodel (26%) and Octant (the operator - 74%) can now move into the final three-year period in which they - [Africa Could Lose $25Billion per Year as new EU Carbon Tax Comes into Effect, AfDB Warns](https://africaoilgasreport.com/2023/12/in-the-news/africa-could-lose-25billion-per-year-as-new-eu-carbon-tax-comes-into-effect-afdb-warns/) - A new EU carbon border tax could significantly constrain Africa’s trade and industrialization progress by penalizing value-added exports including steel, cement, iron, aluminium and fertilizers, the African Development Bank (AfDB)Group has warned. “With Africa’s energy deficit and reliance mainly on fossil fuels, especially diesel, the implication is that Africa will be forced to export raw - [Invictus Formally Declares a Natural Gas Discovery in Zimbabwe](https://africaoilgasreport.com/2023/12/oil-patch-sub-sahara/invictus-formally-declares-a-natural-gas-discovery-in-zimbabwe/) - By Sully Manope, in Windhoek Australian minnow, Invictus Energy, has moved from citing “encouraging signs of hydrocarbon”, in its drilling campaign in Zimbabwe, to formally declaring a hydrocarbon discovery. The company is on the sidetrack to the Mukuyu-2 well, (Mikuyu-2STK), its fourth hole on the Mukuyu prospect, in the Caborra Basa project, onshore Zimbabwe. “We - [How will Africa cope in the COP28 Global Poker Game?](https://africaoilgasreport.com/2023/12/energy-transition/how-will-africa-cope-in-the-cop28-global-poker-game/) - Two parallel visions have emerged from COP28: John Elkington, co-founder of think-tank Volans, author of 21 books and member of the Neste’s Advisory Council on Sustainability and New Markets has noted …“In 15-20 years, I think we will be looking at a totally transformed economic landscape. A huge number of companies will have disappeared - and - [NNPC Reacts to Accusations of Opacity, Pledges Cooperation Over NEITI's Damning Report](https://africaoilgasreport.com/2023/11/in-the-news/nnpc-bristles-at-transparency-accusation-pledges-cooperation-with-neiti-others-over-damning-2021-report/) - By Macson Obojemuinmoin The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it will continue to collaborate with the Nigeria Extractive Industries Transparency Initiative (NEITI) and all relevant stakeholders in the Reconciliation Committee set up by the Nigerian President, Bola Ahmed Tinubu, to investigate, review and reconcile the financial records on alleged indebtedness to the - [The Three Amigos---Chevron, ExxonMobil and Shell--- at COP 28!](https://africaoilgasreport.com/2023/11/in-the-news/the-three-amigos-chevron-exxonmobil-and-shell-at-cop-28/) - The UAE will host the 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) from November 30 to December 12, 2023 at Expo City Dubai. The evet is meant to unite the world towards agreement on bold, practical and ambitious solutions to the most pressing global challenge of our time: combatting CO2 - [Nigeria’s Power Minister Announces $2.2Billion PV Solar agreement deal with US Firm ](https://africaoilgasreport.com/2023/11/power-deficit/nigerias-power-minister-announces-2-2billion-pv-solar-agreement-deal-with-us-firm/) - By Fasilat Oluwuyi Nigeria’s Minister of Power, Adebayo Adelabu, has announced a collaborative deal with Sun Africa LLC, a l US-based renewable energy solutions provider. Adelabu made the announcement via his X handle (formerly twitter) on November 19, 2023. He said Sun Africa has committed to delivering 961 MWp of solar PV generation infrastructure and - [German Firm to Import 1.2MMMTPA of Nigerian LNG, From Ogbelle](https://africaoilgasreport.com/2023/11/gas-monetization/german-firm-to-import-1-2mmmtpa-of-nigerian-lng-from-ogbelle/) - Riverside LNG of Nigeria and Johannes Schuetze Energy Import AG of Germany have signed an agreement on a gas export partnership, It is part of the two agreements that involve a $500Million renewable energy pact and gas export deal between Nigerian and German entities. President Bola Tinubu of Nigeria witnessed the signing of the two Memoranda - [Germany Pledges €4Billion in Africa’s Green Energy](https://africaoilgasreport.com/2023/11/energy-transition/germany-pledges-e4billion-in-africas-green-energy/) - “Produce green hydrogen and you can rely on us as buyers,” the German Chancellor told African leaders. The government of Germany has pledged to invest 4Billion euros in Africa’s green energy until 2030. Olaf Scholz, German Chancellor made the announcement at a press conference in Berlin after meeting African leaders and heads of international organisations - [African Energy Bank Should Be Commissioned Before June 30, 2024](https://africaoilgasreport.com/2023/11/in-the-news/african-energy-bank-should-be-commissioned-before-june-30-2024/) - African countries with new, large scale hydrocarbon projects, are campaigning that the global energy transition should not lead to shutting the door in their faces. The continent has been debating the need for a sizeable financing institution, solely devoted to funding the growing queue of natural gas and crude oil development projects, most of which - [Shell on the War Path](https://africaoilgasreport.com/2023/11/energy-transition/shell-on-the-war-path/) - Do not be surprised if, within the coming period, Shell does a takeover bid on bp. You may think this far-fetched and that it will have little chance of passing the regulatory hurdles. Yet this could have a surprising outcome: a combined hydrocarbon entity and also a new energy vehicle combining the new energy units - [A Second Life for Solar Modules](https://africaoilgasreport.com/2023/11/energy-transition/a-second-life-for-solar-modules/) - Germany’s Centre for Solar Energy and Hydrogen Research (ZSW), headquartered i Baden-Württemberg The RENEW project marks the launch of research into the repair and reuse of photovoltaic (PV) modules by and its partners. The three-year project is being funded by Germany’s Federal Ministry for Economic Affairs and Climate Action (BMWK). Its goal is more effective - [Oil Production from New Deepwater Balerine Field Exceeds Prognosis By 66%](https://africaoilgasreport.com/2023/11/in-the-news/oil-production-from-new-deepwater-balerine-field-exceeds-prognosis-by-66/) - Italian explorer ENI says that crude oil output from Baleine field, its newly developed deepwater asset in Cote d'Ivoire, stands at 20,000 barrels of oil per day (BOPD). This volume "far exceeds the initial anticipated 12,000BOPD and the project is set to reach its plateau of 50,000 barrels of oil per day by the end - [African Oil & Gas and the Rest of the World: What Changed in 2023?](https://africaoilgasreport.com/2023/11/in-the-news/african-oil-gas-and-the-rest-of-the-world-what-changed-in-2023/) - There is still a distance between Africa and the rest of the world in terms of what the continent can do to establish closer ties to energy markets in Europe and elsewhere and to expand the development of its own hydrocarbon resources OPINION PIECE It is undeniable that the Russian invasion of Ukraine proved highly - [Partner Content/Billion Dollar Projects on Showcase Are A Huge Draw For SAIPEC 2024](https://africaoilgasreport.com/2023/11/partner-content/billions-of-dollar-projects-on-showcase-draws-further-partnerships-for-saipec-2024/) - A host of organisations from across the industry have confirmed their support and participation for the 8th Sub Saharan Africa International Petroleum Exhibition and Conference, hosted by the leading association in Africa, the Petroleum Technology Association of Nigeria (PETAN), 2024 taking place in Lagos this February. Coleman Wires and Cables will be Gold Sponsor to the - [Join the Nigerian Gas Association Study Groups 2023-2025](https://africaoilgasreport.com/2023/11/partner-content/executive-secretary-nigerian-gas-association/) - Executive Secretary, Nigeria Gas Association. This is a call to join the 2023 – 2025 NGA Study Groups. In the last 24 years since its establishment, the NGA has worked hard to promote the development of the Nigeria gas industry, but at no time has it been more imperative or critical for the Association to - [Ghana’s Bold Energy Transition and Investment Plan: Can the Optimism Deliver?](https://africaoilgasreport.com/2023/11/energy-transition/ghanas-bold-energy-transition-and-investment-plan-can-the-optimism-deliver/) - Recognizing the interlinked nature of climate challenges, Ghana unveiled its Energy Transition and Investment Plan aimed at achieving Net Zero emissions by 2060. Here's an insight into how it plans to realize these ambitious goals. The plan hinges on four main decarbonisation technologies (renewables, low-carbon hydrogen, battery electric vehicles and clean cook-stoves) to account for - [TOTAL Takes a Little Share in Ambitious Xlinks Morocco-UK Power Project](https://africaoilgasreport.com/2023/11/energy-transition/total-takes-a-little-share-in-ambitious-xlinks-morocco-uk-power-project/) - TOTALEnergies has invested £20Million to acquire a minority stake in Xlinks First Limited, a company founded in 2019 in the United Kingdom, joining fellow investors Octopus Energy and Abu Dhabi National Energy Company (TAQA). Xlinks plans to develop a giant renewable project in Morocco (combining solar and wind) to supply green electricity to the United - [Etu Energias Secures $60MM AFC Loan for Block 14 Acquisition](https://africaoilgasreport.com/2023/11/farm-in-farm-out/etu-energias-secures-60mm-afc-loan-for-ep-acreage-acquisition/) - Angola’s largest homegrown independent, Etu Energias (formerly Somoil), has secured a $60Million senior debt facility from Africa Finance Corporation (AFC) to acquire oil and gas reserves co-owned by France’s TOTALEnergies and Japan’s INPEX Corporation. In January 2022, Inpex announced that it hadagreed to sell, jointly with TOTALEnergies, all shares in Angola’s Block 14 B.V. held - [Angola Declines OPEC’s 2024 Production Quota](https://africaoilgasreport.com/2023/12/in-the-news/angola-declines-opecs-2024-production-quota/) - The country aims to produce over 1,1180,000 barrels of crude oil per day in 2024 to boost its economic growth following declining OPEC’s proposed production cuts Angola, has officially rejected the Organization of the Petroleum Exporting Countries (OPEC)’s proposed production quota for the year 2024. Diamantino Pedro Azevedo, the southwest African country’s Minister of Energy - [TOTAL Exits a Key Refinery in South Africa](https://africaoilgasreport.com/2023/12/in-the-news/total-exits-a-key-refinery-in-south-africa/) - TOTALEnergies, Europe's largest oil and gas company, says it has signed an agreement to divest its minority stake in National Petroleum Refiners of South Africa (Natref Refinery), in South Africa The company is selling it 36.36% to the Prax Group, a British multinational independent refining, storage, distribution and sales conglomerate dealing in crude oil, petroleum - [A First Hybrid Solar & Battery Plant for Egypt, By Scatec](https://africaoilgasreport.com/2023/12/energy-transition/a-first-hybrid-solar-battery-plant-for-egypt-by-scatec/) - Scatec has signed an agreement with the Egyptian Electricity Holding Company (EEHC), to establish a 1,000MW solar and 200-MWh battery storage project in Egypt. If the project is implemented, it will be Egypt’s first. The agreement was signed on the sidelines of the United Nations’s Conference of the Parties (COP) 28 on Climate Change, holding - [Greenco Signs PPA with Ilute Power for 25MW Sola PV in Zambia](https://africaoilgasreport.com/2023/12/energy-transition/greenco-signs-ppa-with-ilute-power-for-25mw-sola-pv-in-zambia/) - Africa Greenco Group, Serengeti Energy and Western Solar Power have signed a Power Purchase Agreement (PPA) for the Ilute Solar PV Project in Zambia. Ilute Solar has been developed by Western Solar Power, a Zambian Renewable Energy Developer, and Serengeti Energy, an African Renewable Energy IPP owned by KfW, STOA, Proparco, Norfund, Swedfund and NDF, - [BW Energy Announces ‘New Oil’ in Gabon's Hibiscus South](https://africaoilgasreport.com/2023/11/oil-patch-sub-sahara/bw-energy-announces-new-oil-in-gabons-hibiscus-south/) - The Norwegian explorer, BW Energy has announced that the DHBSM-1 appraisal well has encountered commercial volumes of oil in the Hibiscus South satellite prospect. The company plans to return to the well to complete it as a production well in early 2024. The DHBSM-1 well was drilled from the MaBoMo production platform to a total - [EnVolt, a Mauritian Renewable Energy Developer, Announces inaugural Green Project Bond](https://africaoilgasreport.com/2023/11/energy-transition/envolt-a-mauritian-renewable-energy-developer-announces-inaugural-green-project-bond/) - EnVolt has announced the inaugural issue of $11Million Green Project Bonds under its $ 45Million Multicurrency Green Bond programme. The company is the renewable energy development arm of ENL Group (“ENL”), a diversified investment holding company in Mauritius, is engaged in the construction of 13 solar roof and ground mounted facilities across the island with - [Egypt's Petrol Prices Have Gone Up Again](https://africaoilgasreport.com/2023/11/downstream/egypts-petrol-prices-have-gone-up-again/) - By Mohammed Jetutu, in Cairo The fuel pricing committee of the Egyptian government increased prices of gasoline and compressed natural gas beginning from November 3, 2023. The committee left the price of diesel unchanged, according to a statement by the Petroleum Ministry. Prices for gasoline were hiked by 9-14%, while that of compressed natural gas - [In the Southern African Rush, Mozambique Is Ahead of the Pack](https://africaoilgasreport.com/2023/11/gas-monetization/in-the-southern-african-rush-mozambique-is-ahead-of-the-pack/) - It is all coming together, finally, for Mozambique. A second Floating liquefied Natural Gas LNG project is in planning stage to monetise the deepwater reserves in the twin Coral fields in Area 4 licence An integrated oil and gas project to extract more volume from the onshore hydrocarbon fields in the Inhambane province is heavily - [THE TRAGEDY OFNIGERIA VS P&ID-AVURU](https://africaoilgasreport.com/2023/11/gas-monetization/the-tragedy-of-nigeria-vs-pid/) - Thank Goodness, the Hon. Justice Robin Knowles, CBE has finally brought relief to all Nigerians by his judgement in the appeal by Nigeria against an arbitration tribunal judgement in 2017 awarding some Six Billion dollars ($6Billion) against her. That judgment debt, accruing compound interest at 7%, would have ballooned to $11Billion by now. You will - [John Goodenough, and the Future Battery That Never Runs Down](https://africaoilgasreport.com/2023/11/energy-transition/john-goodenough-and-the-future-battery-that-never-runs-down/) - John Bannister Goodenough (Professor), the American materials scientist, won the Nobel prize in chemistry at the age of 97 in 2019, becoming the oldest Nobel laureate in history. His groundbreaking discoveries regarding the use of lithium cobalt oxide as a cathode material, led to the creation of the first practical rechargeable lithium-ion battery, which is - [Nigeria’s Ongoing Turnaround Maintenance: Refining Economics 101 and why it matters](https://africaoilgasreport.com/2023/11/refining-gap/nigerias-ongoing-turnaround-maintenance-refining-economics-101-and-why-it-matters/) - In April 2021, the Nigerian government announced it had let out a $1.5Billion contract to Italian Marie Technimont for the rehabilitation of its 210,000 barrels a day portharcourt refinery which became operational in 1965. The news generated a lot of furore within the citizenry with a prominent Nigerian Banker stating the government was about to - [Angolan Rig Count Declines; the Country Moderates Output Ambition](https://africaoilgasreport.com/2023/10/oil-patch-sub-sahara/angolan-rig-count-declines-the-country-moderates-output-ambition/) - Angolan rig activity fell slightly in September 2023, with, twelve (12) drilling units in operation, compared with 14 rigs active in August 2023. The country's crude oil output also continued on a downward slope for the third consecutive month in September 2023. The output was 1,112,685 barrels of oil (BOPD), compared with August 2023's daily - [It’s November 2023: NNPC in Third Month Delay of Annual Report](https://africaoilgasreport.com/2023/11/in-the-news/its-november-2023-nnpc-in-third-month-delay-of-annual-report/) - By the Editorial Board of Africa Oil+Gas Report NNPC Ltd, the Nigerian state hydrocarbon company, has delayed the release of its 2022 annual report for the third consecutive month. The company was greeted with a round of cheers when it announced the 20220 audited annual report in August 2021, declaring it was its first profit - [Ghana’s Oil & Gas Transparency Watchdog Elects a new Chair](https://africaoilgasreport.com/2023/11/petroleum-people/ghanas-oil-gas-transparency-watchdog-elects-a-new-chair/) - The Ghanaian professor of Geography, Elizabeth Ardayfio-Schandorf, has been elected Chairperson of the Public Interest and Accountability Committee (PIAC), Ghana’s public accountability watchdog on the oil industry. She takes over from Kwame Adom Frimpong, an accountant and professor, who served two terms. “Emerita Professor Ardayfio-Schandorf is the first woman to be elected as Chairperson since - [Only Five Wells Drilled in Ghana in all of Six Months](https://africaoilgasreport.com/2023/11/oil-patch-sub-sahara/only-five-wells-drilled-in-ghana-in-all-of-six-months/) - By Fred Akanni, in Accra The drillship Noble Venturer was the only rig active in Ghana for the entire first half of 2023. It was active on a total of nine wells on one field: the Jubilee field, in the country’s western offshore. Out of the nine probes, Noble Venturer was drilling in five and - [Moza's Gas Exports Fetched Over $300Million in 2Q 2023](https://africaoilgasreport.com/2023/11/gas-monetization/mozas-gas-exports-fetched-over-300million-in-2q-2023/) - Mozambique’s natural gas exports increased in volume by 80.9% in the second quarter of 2023, compared with the same period in 2022, delivering a revenue of $336Million to the national treasury, according to data from the Bank of Mozambique (BdM), This is an inflow of $238.1Million more than in the same period in 2022, explained - [Mozambique’s Government Revokes Concession for the Mozambique-Zimbabwe Fuel Pipeline](https://africaoilgasreport.com/2023/10/downstream/downstream-retail/mozambiques-government-revokes-concession-for-the-mozambique-zimbabwe-fuel-pipeline/) - Mozambique’s Council of Ministers has decided that the Mozambique-Zimbabwe Pipeline Company [CPMZ] is no longer the concessionaire of the Beira-Zimbabwe pipeline, which has been continuously in operation for over 41 years (since 1982). The Council of Ministers, effectively the cabinet, “approved the Decree which revokes Decree 1/84 of 22 February, which grants the Beira – - [A 15,000 Tonne Per Year LPG Plant Coming to Gabon](https://africaoilgasreport.com/2023/10/gas-monetization/a-15000-tonne-per-year-lpg-plant-coming-to-gabon/) - Perenco is concluding the construction of a 15,000 tonne Liquefied Petroleum Gas (LPG) production plant in Batanga, in the southwest of Gabon. The project is expected to start up sometime in November 2023. The facility is one of several gas monetization projects that Perenco, the privately owned, Anglo French junior, is embarking on in the - [Chinese Supplier to Deliver First 100km of 'EACOP' Pipeline](https://africaoilgasreport.com/2023/10/pipeline/chinese-supplier-meets-deadline-for-first-100km-of-eacop-pipeline/) - Panyu Chu Kong Steel Pipe Co., Ltd, the company contracted to supply line pipes to the East African Crude Oil Pipeline (EACOP) has said the first batch of 100 kilometres of pipes are in the process of being delivered to the port of Tanga, in Tanzania. A flag off ceremony to mark the milestone is - [Invitation For Expression of Interest In The Construction of A Residential Area At The Ogbele Field Logistics Base](https://africaoilgasreport.com/2023/10/tenders/invitation-for-expression-of-interest-in-the-construction-of-a-residential-area-at-the-ogbele-field-logistics-base/) - 1. INTRODUCTION Aradel Energy Ltd. (www.aradel.com) operator of the Ogbele Marginal Field invites interested companies with relevant brownfield project/construction experience, to make a submission of an expression of interest in the execution of the above facility. 2. SCOPE OF WORK The primary objective of the project is to develop standard residential accommodation, with other amenities, - [Forty Functional Modular Refineries, on Forty Marginal Fields, Will Eradicate Crude Oil Theft](https://africaoilgasreport.com/2023/10/refining-gap/forty-functional-modular-refineries-on-forty-marginal-fields-will-kill-crude-oil-theft/) - By: Abdulwaheed Sofiullahi, in Abuja The Crude Oil Refinery-owners Association of Nigeria (CORAN), has presented a solution to the incessant crude oil theft, which threatens to choke off investment in the country’s oilfield development. The proposal involves the installation of one 10,000 Barrels Per Stream Day refinery per marginal oilfield, leading to 40 such refining - [Anxiety Prevails in the Southern African Rush/Our Latest Issue](https://africaoilgasreport.com/2023/10/in-the-news/anxiety-prevails-in-the-southern-african-rush-our-latest-issue/) - Africa’s southern seaboard continues to hum with E&P activity. Most of the vibe is positive, but there’s a lot of anxiety. ENI’s first well in Mozambique’s Angoche basin was a duster. Perhaps that was half expected. But it seemed surprising that TOTAL would encounter a dry hole in the otherwise fascinating deepwater Orange basin in - [FEDA Invests in Cabinda Refinery](https://africaoilgasreport.com/2023/10/refining-gap/feda-invests-in-cabinda-refinery/) - The Fund for Export Development in Africa (FEDA), Afreximbank’s impact investment subsidiary, has announced an investment into Cabinda Oil Refinery, an integrated modular oil refining platform in Angola being developed by Gemcorp Holdings in Joint Venture with Sonangol. The exact amount of money put in by FEDA was not disclosed in the statement made by - [Partners Disagree with ETU Energias/ SLB’s Deal for Block 2/05](https://africaoilgasreport.com/2023/10/in-the-news/partners-disagree-with-etu-energias-slbs-deal-for-block-2-05/) - Partners to ETU Energias (the company formerly known as Somoil), have announced that they do not recognize the agreement signed between ETU Energias and SLB (formerly Schlumberger), regarding technical work on the Angolan deepwater block 2/05. “ETU Energias acted with a lack of transparency”, the Angolan business journal Expansão quoted Pedro Godinho, president of Prodoil, - [ExxonMobil Signs Addenda to Risk Service Contracts in Angola](https://africaoilgasreport.com/2023/10/farm-in-farm-out/exxonmobil-signs-addenda-to-risk-service-contracts-in-angola/) - Angola’s National Oil, Gas and Biofuels Agency (ANPG) has signed three Addenda to Risk Service Contracts, with the Consortium of Blocks 30, 44 and 45, made up of ExxonMobil(60%) and Sonangol (40%). The Addenda are based on the Contracts signed in 2020, given the need to increase the volume of research activities in this maritime - [Greenshare wins Energy Investment Village pitch event at Green Energy Africa Summit](https://africaoilgasreport.com/2023/10/energy-transition/greenshare-wins-energy-investment-village-pitch-event-at-green-energy-africa-summit/) - Greenshare was selected as the winner of the Energy Investment Village at the Green Energy Africa Summit (GEAS) 2023, held in Cape Town, South Africa. Greenshare specializes in a decentralised energy management system, enabling communities to generate, store, and share renewable energy. The company says it offers unique long-term energy efficiency solutions for clients while - [Chinese Sloppiness Fingered for Fatality as Uganda Halts Operations at an Oil Field](https://africaoilgasreport.com/2023/10/oil-patch-sub-sahara/chinese-sloppiness-fingered-for-fatality-as-uganda-halts-operations-at-an-oil-field/) - The Petroleum Authority Uganda (PAU) has ordered immediate halt to all operations at the Kingfisher oilfield development in the country, citing safety concerns in which the Authority emphasized it underscores the importance of ensuring the safety of oilfield workers and minimizing risks in the oil and gas sector. The order follows a fatal accident in the area that - [GE Vernova’s Hydro Power Business Commissions Four 175 MW Units for Nigeria’s Second Largest Hydropower Plant](https://africaoilgasreport.com/2023/10/partner-content/ge-vernovas-hydro-power-business-commissions-four-175-mw-units-for-nigerias-second-largest-hydropower-plant/) - PARTNER CONTENT GE Vernova’s Hydro Power business has completed the commissioning of the 4 (four) 175 MW Francis hydropower turbines and generators at the Zungeru project in Nigeria, now in commercial operation. The 700 MW Zungeru project is the second largest hydropower plant in Nigeria. It is ocated on the Kadina River in Niger State. - [Egypt's Domestic Gas Market Hit by the War in Gaza](https://africaoilgasreport.com/2023/10/gas-commercialisation/egypts-domestic-gas-market-hit-by-the-war-in-gaza/) - By Toyin Akinosho Egypt’s imports of Israeli gas fell almost 20% after Israel suspended production at the Chevron operated Tamar field, owing to the war with Gaza. And that has affected the consumption in Africa’s largest domestic gas market. Imports of piped Israeli gas slumped to 650 Million standard cubic feet per day (650MMscf/d) from - [NUPRC, MoF, Mum about Irregularities Flagged in NEITI Report](https://africaoilgasreport.com/2023/10/in-the-news/nuprc-mof-mum-about-irregularities-flagged-in-neiti-report/) - By Lukman Abolade, Senior Correspondent Nigerian Upstream Petroleum Regulatory Commission and Ministry of Finance have declined to comment on the recently published 2021 audit report of the Nigeria Extractives Industries Transparency Initiative (NEITI) on the country’s oil and gas sector which detailed a Pandora's box of irregularities and non-compliance. The audit report highlights alarming financial - [NUPRC: Invitation to Consultation Forum for Regulations on Oilfield Operations, Contract Administration, Lease Revocation, etc](https://africaoilgasreport.com/2023/10/in-the-news/nuprc-invites-all-to-consultation-forums-to-devise-regulations-for-oilfield-operations-contract-administration-lease-revocation-etc/) - The Nigerian Upstream Petroleum Regulatory Commission invites industry stakeholders to consultation forums on its phase Four consultation forum. That forum is to focus on draft regulations or amendments to regulations on the following draft regulations: 1.1. Draft Upstream Commercial Operations Regulations 1.2. Draft upstream Petroleum Code of Conduct & Compliance Regulations 1.3. Draft Upstream Petroleum - [Egypt’s EGAS Awards Four out of 12 Blocks on Offer](https://africaoilgasreport.com/2023/10/farm-in-farm-out/egypts-egas-awards-four-out-of-12-blocks-on-offer/) - The Egyptian Ministry of Petroleum and Mineral Resources has officially unveiled the winners for the 2022 Egyptian Natural Gas Holding Company (EGAS) International Bid Round. Four of the 12 blocks up for grabs went to three companies. The Italian explorer, ENI, secured two (2) blocks (N. Port Fouad and South Nour). In a strategic alliance, - [Second Well Commences in Zimbabwe’s Frontier Probe](https://africaoilgasreport.com/2023/10/oil-patch-sub-sahara/second-well-starts-drilling-in-zimbabwes-frontier-probe/) - The Australian junior, Invictus Energy, has reported the spud of Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. The company says it is on track to complete drilling and evaluation within estimated 50-60 days. In that period it is expected to have drilled to a planned total depth of 3,750 - [NAMIBIA Launches Tender for EPC contract for 40 MW Biomass Power Station](https://africaoilgasreport.com/2023/10/tenders/namibia-launches-tender-for-epc-contract-for-40-mw-biomass-power-station/) - NamPower, the Namibian state electricity utility, is seeking bids for an engineering, procurement, and construction (EPC) contractor for the 40 MW Otjikoto Biomass Power Station near the town of Tsumeb. NamPower is conducting an open international bidding process for the EPC contract. The Otjikoto Biomass Power Station will have a generation capacity of 40 MW. - [Pan African Bank to Pump $300MM into Congolese Oilfield Development](https://africaoilgasreport.com/2023/10/in-the-news/afreximbank-to-pump-300mm-into-trident-ogxs-oilfield-development-in-the-congo/) - The African Export-Import Bank (Afreximbank) in Brazzaville signed an agreement to provide a $300Million facility to Trident OGX Congo in a transaction expected to raise the Republic of Congo’s crude oil production by an estimated 30 per cent. The reserve-based lending facility will enable Trident OGX Congo to implement a capital expenditure programme to ramp-up - [Auxano Expands its Solar PV Manufacturing Capacity to 110MW](https://africaoilgasreport.com/2023/10/energy-transition/nigerian-company-expands-to-110mw-solar-pv-manufacturing-capacity/) - Auxano Solar, a Nigerian homegrown renewable energy provider, has stretched its solar panel manufacturing capacity, from 10megawatts (MW) to 110MW. The company commissioned a new 100MW automated Solar PV manufacturing plant on September 28, 2023, in Lagos, the country’s commercial hub. Prior to establishing the new facility, Auxano ran a plant with an installed capacity - [AfDB Funded Initiative Enables Small Ugandan Firms to Prosecute Oil Pipeline Projects](https://africaoilgasreport.com/2023/09/in-the-news/afdb-funded-initiative-enables-small-ugandan-firms-to-prosecute-oil-pipeline-projects/) - Close to 200 Micro-Small and Medium Enterprises (MSMEs) have signed a Memorandum of Understanding (MoU) with Large and Medium Contractors who will be working on the East African Crude Oil Pipeline (EACOP). The MSMEs were selected from the ten (10) districts where the pipeline passes. The Petroleum Authority of Uganda (PAU) has been implementing an - [Angola Commences a Six Month Bid Round For 12 Onshore Blocks](https://africaoilgasreport.com/2023/10/farm-in-farm-out/angola-commences-a-six-month-bid-round-for-12-onshore-blocks/) - By Roe Ferredo, in Windhoek Angola commenced, on September 30, 2023, the public tender for the award of 12 onshore blocks in the Kwanza and Congo basins. The acreages include: (A) Onshore Congo Basin blocks: CON Block 2, CON Block 3, CON Block 7 and CON Block 8. (B) Onshore Kwanza Basin Blocks include: Block - [ENI Scouts for A Rig for Coral North Drilling in Mozambique](https://africaoilgasreport.com/2023/09/oil-patch-sub-sahara/eni-scouts-for-a-rig-for-coral-north-drilling-in-mozambique/) - Italian explorer ENI is looking to contract a rig to carry out drilling, completion and testing of four wells, in Coral Norte project offshore Mozambique, with start-up scheduled for the third quarter of 2024. ENI has proposed Coral Norte as the second floating liquified natural Gas (FLNG) project, to drain reserves in Mozambique’s Area 4. - [CGG Commences Côte d’Ivoire Reimaging Project near Baleine Field](https://africaoilgasreport.com/2023/09/oil-patch-sub-sahara/cgg-commences-cote-divoire-reimaging-project-near-baleine-field/) - CGG has announced the start of a major new multi-client three-dimensional (3D) Pre-stack depth migration PSDM reimaging programme in the Tano Basin offshore Côte d’Ivoire. CGG is carrying out the project in association with the country’s Direction Générale des Hydrocarbures (DGH) and national oil company, PETROCI Holding (PETROCI). The 6,400 sq km reimaged seismic data - [Financial Close Reached for Tunisia's Largest Solar Plant](https://africaoilgasreport.com/2023/09/energy-transition/financial-close-reached-for-tunisias-largest-solar-plant/) - Financial close has been reached on the planned 100-megawatt, $86Million, solar PV plant in Tunisia’s Kairouan governorate. It is Tunisia's first privately-financed solar project. It will also the biggest; with around 20% of Tunisia’s renewable energy capacity. The facility is being developed by AMEA Power, a renewable energy independent producer which is a subsidiary of - [TOTAL Sells Chunks of Angola to Malaysia's State-Owned Firm](https://africaoilgasreport.com/2023/09/farm-in-farm-out/total-sells-chunks-of-angola-to-malaysias-state-owned-firm/) - TOTALEnergies EP Angola Block 20 has finalized the sale to PETRONAS ANGOLA E&P LTD (PAEPL), a company belonging to the PETRONAS group of companies, of a 40% interest in Block 20 in the Kwanza Basin in Angola. PETRONAS is Malaysia’s state hydrocarbon firm and it is very active in Africa. “The transaction was completed for - [Fuel for Thought: Liquefied Petroleum Gas](https://africaoilgasreport.com/2023/09/power-deficit/fuel-for-thought-liquified-petroleum-gas/) - PARTNER CONTENT By: Gorgui Ndoye The past several years have shown that a range of fuel options for power generation is an important hedge against instability. Fuel flexibility is a hallmark of Capstone microturbines, which can run off a variety of sources, from natural gas and propane to methane, hydrogen, and more. Today we’re spotlighting - [In 10 Months of Barging Crude, Newcross Distances itself from the ‘Jinx’ in Eastern Nigerian Onshore’s NCTL Pipeline](https://africaoilgasreport.com/2023/09/in-the-news/in-10-months-of-barging-crude-newcross-distances-itself-from-the-jinx-in-eastern-nigerian-onshores-nctl-pipeline/) - Of the four Nigerian owned, acreage holding producers who inject their crudes into the Nembe Creek Trunk Line (NCTL), Newcross E&P Ltd has emerged the one with the truest grit. In August 2022, it exited the line, which has lain prostrate since 2021 and contracted a shuttle tanker MV Bryanston, to ferry its barged crude - [LPG Production to Commence in Mozambique in 2024](https://africaoilgasreport.com/2023/09/gas-monetization/lpg-production-to-commence-in-mozambique-in-2024/) - Sasol says it will start the first, in-country production of Liquefied Petroleum Gas (cooking gas) in Mozambique by March 2024. The product is part of the deliverables of the field development plan for the Production Sharing Agreement (PSA) in the northern region of Mozambique’s province of Inhambane. That FDP aims to optimally develop the light - [NCDMB, NNPC, Oil Majors, in League to Streamline Contracting Process](https://africaoilgasreport.com/2023/09/in-the-news/ncdmb-nnpc-oil-majors-in-league-to-streamline-contracting-process/) - By Abdulwaheed Sofiullahi, Reporter, SOEs The Nigerian Content Development & Monitoring Board (NCDMB) has formalized a Memorandum of Understanding (MoU) with some of the country’s hydrocarbon producers, including state owned NNPC Ltd as well as five International Oil Companies (IOCs). The MoU is aimed at reducing the contracting cycle to a maximum of 180 working - [Sasol: Pilot Successful, Green Hydrogen Production Starts Early 2024](https://africaoilgasreport.com/2023/09/energy-transition/sasol-pilot-successful-green-hydrogen-production-starts-early-2024/) - Sasol, the South African synfuels giant, expects to commence consistent production of green hydrogen in early 2024, once the 69 Megawatt Msenge Emoyeni Wind Farm, in the Eastern Cape, begins supply of renewable energy to Sasol’s Sasolburg site via a wheeling arrangement. The company says it has proven the concept, when it produced its first - [Renewable Energy Wheeled for the first time through Cape Town’s Grid](https://africaoilgasreport.com/2023/09/power-deficit/renewable-energy-wheeled-for-first-time-through-cape-towns-grid/) - The first electrons of renewable energy have officially been wheeled via the City of Cape Town’s energy grid, as part of the city’s plans to end power outages, which plagues South Africa. Growthpoint Properties (JSE: GRT) became the first party to wheel renewable electricity in the city in collaboration with licenced electricity trader Etana Energy - [STAC Marine Wraps Up Purchase of Abo FPSO for $20Million](https://africaoilgasreport.com/2023/09/in-the-news/stac-marine-wraps-up-purchase-of-abo-fpso-for-20million/) - The Nigerian marine operator STAC Marine Offshore Limited, has finalised the purchase of the Abo Floating Production Storage Offloading (FPSO) vessel from BW Offshore, the Norwegian provider of floating productions solutions. As part of the transaction, BW Offshore has entered into a bareboat charter with STAC to allow for uninterrupted operations for the client during - [Why Less Looks Like More: A Performance Review of Nigeria’s Power Generation Capacity](https://africaoilgasreport.com/2023/09/power-deficit/why-less-looks-like-more-a-performance-review-of-nigerias-power-generation-capacity/) - By Adeniyi Adeoloye The Nigeria power sector is encumbered right through the entire value chain. The figures for installed generation capacity, the grid transmission, and what the distribution companies can deliver to the end users, are common knowledge. But there’s a vast gulf between the capacity and the delivery and the specific details of this - [Mozambique Sees Decline in FDI as TOTAL Holds Up Massive Gas Project](https://africaoilgasreport.com/2023/09/gas-monetization/mozambique-sees-decline-in-fdi-as-total-holds-up-massive-gas-project/) - Mozambique experienced a 32% reduction in the flow of Foreign Direct Investment (FDI), totalling $350.4Million in the second quarter of 2023, compared with $460.1Million in the previous quarter. The raft of investment in the construction phase of gas development projects: by Sasol in its Production Sharing Agreement (PSA) licence onshore inhambane province; by ENI on the - [NMDPRA Grants Approvals for CNG Supply, LPG Infrastructure, to Femadec, Novertek Respectively](https://africaoilgasreport.com/2023/09/downstream-gas/nmdpra-grants-approval-for-cng-supply-lpg-infrastructure-with-femadec-novertek-respectively/) - By Fasilat Oluwuyi, Reporter, Energy Access, Africa Oil+Gas Report The Nigerian Midstream and Downstream Petroleum Regulatory Authority(NMDPRA) has signed agreements with Femadec and Novertek Energy on Compressed Natural Gas (CNG) and Liquefied Petroleum Gas (LPG). This was disclosed via NMDPRA's X account (formerly Twitter) on September 19, 2023. The Regulatory Authority said it has granted - [Indorama Inks Agreement for More Nigerian Gas Offtake](https://africaoilgasreport.com/2023/09/gas-monetization/indorama-inks-agreement-for-more-nigerian-gas-offtake/) - By Fasilat Oluwuyi & Abdulwaheed Sofiullahi The Indorama Group has signed a memorandum of Understanding (MoU) with the Nigerian state hydrocarbon company NNPCLtd to bolster its gas offtake in the Nigerian market. Indorama Eleme Petrochemicals (IEP), the Nigerian subsidiary of the Singapore based, Indonesian founded conglomerate, already receives over 100Million standard cubic feet per day - [Africa’s Promise of Energy Renewal:  When You Build It, They Will Come](https://africaoilgasreport.com/2023/09/energy-transition/africas-promise-of-energy-renewal-when-you-build-it-they-will-come/) - By Toyin Akinosho Algeria needs to build a large renewable energy market to save itself from a good problem. The country produces enough electricity to supply the 44Million people who inhabit its 2.382Million km² of space. But Algeria’s high production of power from natural gas means it has to burn significant volume of methane in its - [TGS and PGS Combine to Establish a ‘Super’ Energy Data Company](https://africaoilgasreport.com/2023/09/farm-in-farm-out/tgs-and-pgs-combine-to-establish-a-super-energy-data-company/) - TGS and PGS, two leading geophysical and data storage companies, headquartered in Norway, are combining to create “a stronger and more diversified geophysical company and data provider to the energy value chain, driven by technology and innovation”, a statement by TGS says. The transaction is expected to be completed as a statutory merger pursuant to - [NUPRC Cites “Technicalities” For Not Publishing List of Gas Flare Bid Winners](https://africaoilgasreport.com/2023/09/farm-in-farm-out/nuprc-cites-technicalities-for-not-publishing-list-of-gas-flare-bid-winners/) - By Lukman Abolade, Senior Correspondent, Africa Oil+Gas Report The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the finalisation of the 2023 Nigerian Gas Flare Commercialisation Programme without publishing the list of the successful companies. In a statement released in Abuja, the NUPRC disclosed that 42 companies/entities were deemed successful in the competition to win - [NUPRC Contradicts NNPC on Nigeria's August 2023 Crude Oil Output](https://africaoilgasreport.com/2023/09/upstream/nuprc-contradicts-nnpc-in-nigerias-august-2023-crude-output/) - The Nigerian Upstream Petroleum Regulatory Commission has released the country’s crude oil and condensate production output for August 2023. It is a mere 1.181Million barrels of oil per day (MMBOPD) for crude and 1.415Million barrels of crude oil and condensate per day (MMBPD) for both fluids. The combined crude and condensate output is clearly 200,000Barrels - [Expect A New Marginal Field to Deliver First Oil Before End of 2023](https://africaoilgasreport.com/2023/09/c-suite-series/degeconek-has-never-recommended-a-well-location-that-turned-out-dry-biodun-adesanya/) - The Nigerian geoscientist Biodun Adesanya founded Degeconek as a subsurface hydrocarbon evaluation consultancy and has grown it into delivering well services and surface facility work in the 33 years of its existence. Degeconek was front and centre as the evaluator of the 50+ marginal oil fields offered in the contentious Nigerian 2020­2021 bidding round. A - [BP's Board Gets Rid of CEO After Whistleblowers’ Allegations](https://africaoilgasreport.com/2023/09/petroleum-people/bps-board-gets-rid-of-ceo-after-whistleblowers-allegations/) - Bernard Looney has suddenly resigned from the position of Chief Executive Officer (CEO) of BP, the European major. Murray Auchincloss, the Company’s CFO, will act as CEO on an interim basis. From the company’s press statement announcing the exit, the resignation was a result of a 15+month long series of investigations conducted on Mr. Looney - [Baker Hughes to Supply Equipment for Venture Global’s 100 MTPA LNG Expansion](https://africaoilgasreport.com/2023/09/gas-monetization/baker-hughes-to-supply-equipment-for-venture-globals-100-mtpa-lng-expansion/) - Venture Global LNG has announced its long-term expansion plan to increase production from 70Million tonnes per annum (MMTPA) to more than 100MMTPA of nameplate LNG export capacity. To support this initiative, Venture Global will significantly utilize Baker Hughe’s equipment. The two companies: Venture Global and Baker Hughes have executed an expanded master equipment supply agreement - [ENI Awards Fellow Italian Company the SURF Contract in deepwater Côte d’Ivoire](https://africaoilgasreport.com/2023/09/in-the-news/eni-awards-fellow-italian-company-the-surf-contract-in-deepwater-cote-divoire/) - Italian engineering firm Saipem, has been awarded a new contract for offshore activities in Côte d’Ivoire. The company reported two contracts in Côte d’Ivoire and Italy for an overall amount of 850Million Euro. It did not indicate the cost of either activity. The contract in Côte d’Ivoire is for installation of Subsea Umbilicals, Risers and - [Cameroon Rejects Operator’s Plan For Gas Price Hike to >$8/Mscf](https://africaoilgasreport.com/2023/09/gas-monetization/cameroonian-authorities-reject-gdcs-plan-to-increase-gas-price-above-8-mscf/) - By Jackson Atoumba, in Yaunde The proposal by Gaz du Cameroun’s (GDC) to increase prices paid for natural gas by its customers has faced continued stonewalling by the country’s authorities. GDC holds a monopoly on the processing and supply of natural gas –used by industrial companies as a backup energy source amid repeated power outages - [SDX Spuds Ksiri-21 Well in Morocco’s Gharb Basin](https://africaoilgasreport.com/2023/09/oilpatch-sahara/sdx-spuds-ksiri-21-well-in-moroccos-gharb-basin/) - SDX Energy has commenced drilling the Ksiri-21 ("KSR-21") well in Sebou Central of the Gharb Basin, Morocco. The vertical development well will be drilled to a planned total depth of approximately 1,950 metres. Using existing three dimensional (3D) seismic, the well is targeting a well-defined prospect within the main Hoot formation, which is the main - [Sonangol Drills Ahead on a Rare Onshore Asset in Luanda Province](https://africaoilgasreport.com/2023/09/oil-patch-sub-sahara/sonangol-prepares-to-return-to-drill-in-onshore-kwanza-basin-2/) - Sonangol has spud a well in the Block KON11, onshore Kwanza Basin, with the operation of “Poço Tobias-13”), located in the commune of Cabo Ledo, municipality of Quissama, province of Luanda. The drilling is coming 27 years after the company disbanded its operations from the area. The well is expected to reach a total depth - [SDX Energy Will Leave Egypt, to Concentrate on Morocco](https://africaoilgasreport.com/2023/09/farm-in-farm-out/sdx-energy-will-leave-egypt-to-concentrate-on-morocco/) - The British minnow, SDX Energy, is close to selling its Egyptian assets, as part of a transition roadmap to “monetize exciting opportunities around its Moroccan assets and related energy transition sector-plays”, the company has said. SDX 's Egyptian portfolio contains interests in six concessions in Egypt and Morocco. In Egypt, the Company has a working - [South Africa’s Transnet Keeps Pipeline Theft Down, Raises Profits](https://africaoilgasreport.com/2023/09/downstream/downstream-retail/south-africas-transnet-keeps-pipeline-theft-down-raises-profits/) - By Toyin Akinosho, Publisher Transnet, the South African state-owned logistics company says the annual revenue of its Pipelines unit was 7% above budget and operating expenditure was maintained well below the budget, resulting in EBITDA being 27% above budget in the 2023 financial year. Transnet’s Pipeline Unit, simply called ‘Pipelines’, operates and maintains a 3,114 - [Indorama Looks to Invest in Egypt](https://africaoilgasreport.com/2023/09/in-the-news/indorama-looks-to-invest-in-egypt/) - The Indonesian conglomerate Indorama has signed a memorandum of understanding with "Egypt Soyadi Fund" to study investment opportunities in a number of sectors in Egypt. Indorama is widely known in Africa for its gas to fertilizer projects as well as chemical factories. It manufactures chemicals in Senegal, while its petrochemicals complex in Nigeria consumes over - [Nigerian Agip Sells its Onshore Operated Assets to Oando](https://africaoilgasreport.com/2023/09/in-the-news/nigerian-agip-sells-its-onshore-operated-assets-to-oando/) - Italian major ENI has announced the signing of an agreement with NSE & JSE listed Oando PLC - for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), the wholly ENI-owned subsidiary focusing on onshore oil & gas exploration and production in Nigeria, as well as power generation. NAOC Ltd is present with interests - [‘Bring Forth More Crude Oil, quickly’: Tinubu’s Energy SA in Separate One on One with Oil Producers](https://africaoilgasreport.com/2023/09/in-the-news/bring-forth-more-crude-oil-quickly-tinubus-energy-sa-in-separate-one-on-one-with-oil-producers/) - Olu Verheijen, Special Adviser (SA) to the Nigerian President Bola Tinubu on Energy, has been engaging oil producing companies one-on-one on the theme of boosting the country’s crude oil output volume. The meetings have been taking place at the Nigeria Upstream Petroleum Regulatory Commission (NUPRC)’s offices in Abuja. NUPRC calls them “tripartite engagements”. Ms. Verheijen has - [Senegalese Power Plant Opts for Wärtsilä Long-term Service Agreement](https://africaoilgasreport.com/2023/09/power-deficit/senegalese-power-plant-opts-for-wartsila-long-term-service-agreement/) - Technology group Wärtsilä has signed a long-term service agreement for two years with ContourGlobal, an energy provider based in the United States. The agreement covers the company’s Cap des Biches power plant in Dakar, Senegal. The plant dispatches power to the national electricity distributor Senelec, and reliability of supply is essential. The Wärtsilä agreement is - [Angola Signs Two PSAs with Three European Oil Companies](https://africaoilgasreport.com/2023/09/farm-in-farm-out/angola-signs-two-psas-with-three-european-oil-companies/) - Angola’s upstream hydrocarbon regulator, the National Oil, Gas and Biofuels Agency (ANPG), has signed Production Sharing Contracts (PSA) with the French major TOTALEnergies, the ENI/BP SPV Azule Energy and the Norwegian independent Equinor, for Blocks 16/21 and 31/21, located in deep and ultra-deep waters, respectively, in the Lower Congo Basin. Block 16/21 is close to - [Shell Appoints Leye Falade as Country Chair in Hot Spot Namibia](https://africaoilgasreport.com/2023/09/petroleum-people/shell-appoints-leye-falade-as-country-chair-in-hot-spot-namibia/) - The Nigerian engineer, Leye Falade, has been appointed as Country Chair for Shell in Namibia. In the role, Falade has the overall oversight of the multinational’s ambitious technical, managerial and regulatory activities, in one of the world’s hottest hydrocarbon exploration jurisdictions. The new country chair was, until August 31, 2023, the General Manager in charge - [Aradel - A Rebirth that Fuses the Past with the Future](https://africaoilgasreport.com/2023/08/in-the-news/aradel-a-rebirth-that-fuses-the-past-with-the-future/) - By Akpelu Paul Kelechi in Lagos Why would the Nigerian independent Niger Delta Exploration & Production (NDEP) change a name with such a direct connection with the heartland of hydrocarbon output in the country? The answers to that question, which lingered in the minds of some of the over 2,000 participants at the recent, picturesque, - [ENI Reaches First Oil in Côte d’Ivoire’s >1Billion Barrel Deepwater Field](https://africaoilgasreport.com/2023/08/in-the-news/eni-reaches-first-oil-in-cote-divoires-1billion-barrel-deepwater-field/) - Italian explorer ENI has commenced production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire. “This milestone comes less than two years after the discovery in September 2021 and less than a year and a half after the Final Investment Decision”, ENI says in a release. “This marks the - [The World Petroleum Congress (WPC) Returns to Calgary after 23 years](https://africaoilgasreport.com/2023/08/in-the-news/the-world-petroleum-congress-wpc-returns-to-calgary-after-23-years/) - In the year 2000, the World Petroleum Congress (WPC) was held in Calgary, Canada’s energy capital city. Now 23 years later, the 24th WPC returns to Calgary with similar and different objectives. The theme of this year’s congress is “Energy Transition: The Pathway to Net Zero”. Back in 2000, the WPC in Calgary was focused - [Will the Gold Rush for Offshore Rigs Continue into 2024?](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/will-the-gold-rush-for-offshore-rigs-continue-into-2024/) - Gold rush fever has hit the offshore oil and gas market. True, oil companies are proving to be skimpy with their needed investments and the oil prices (Brent) are holding relatively stable at $85. Yet a tightening deepwater rig market, and a decreased number of deepwater basins from which to explore, have created a specialist - [Ghana Grows Modular Refining Capacity](https://africaoilgasreport.com/2023/08/refining-gap/ghana-grows-modular-refining-capacity/) - Ghana's 45,000Barrels Per Stream Day (BPD) Tema Oil Refinery is not functioning. But the country has had two modular refineries in the last five years: the Platon Refinery and Akwaaba Link Investment Refinery, which collectively have combined nameplate capacity of 8,000BPD. Under construction is another modular facility; the 40,000BPD Sentuo Oil Refinery (Phase 1) now - [Cheiron Encounters New Oil in the Gulf of Suez](https://africaoilgasreport.com/2023/08/oilpatch-sahara/cheiron-encounters-new-oil-in-the-gulf-of-suez/) - The Egyptian independent Cheiron has made a new oil discovery in the Geisum and Tawila West Concession in the Gulf of Suez. The new find was made by the GNN-11 exploration well, which was drilled into a fault block to the east of the GNN oil field development. The well encountered 165 feet of good - [AFC Bets Big in Ugandan Petroleum Product Transportation](https://africaoilgasreport.com/2023/08/downstream/downstream-retail/afc-bets-big-in-ugandan-petroleum-product-transportation/) - The Mahathi Infra investment will eliminate approximately 100,000 truck journeys, annually, on East Africa’s busiest transport route – from Kisumu, Kenya, to Kampala, Uganda. Africa Finance Corporation (AFC), has invested close to a hundred million dollars in Mahathi Infra Uganda Limited, one of East Africa’s largest oil and gas downstream players. The financier’s $95.25Million investment - [Sonangol Prepares to Return to Drill in Onshore Kwanza Basin](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/sonangol-prepares-to-return-to-drill-in-onshore-kwanza-basin/) - By ANPG Angola’s upstream petroleum regulator ANPG is, with the E& P arm of the state hydrocarbon firm Sonangol, preparing the grounds for drilling and evaluation of Block KON11, in the Kwanza Onshore Basin, in Luanda, “with technical procedures in progress to guarantee the execution of the contract within the safety standards and respect for - [US Minnow Claims "Unprecedented" Discovery in Egypt's Western Desert](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/us-minnow-claims-unprecedented-discovery-in-egypts-western-desert/) - By Mohammed Jetutu, in Cairo American junior IPR Energy Group has announced a new find in the Alamein/Yidma Concession in Egypt’s Western Desert, where it holds a 100% Working Interest. The company describes it as a "major, unprecedented find", even though it says it encountered only 27 feet of net pay in the Lower Kharita - [Keith Hill, the ‘Landlord’ Leaves: End of an Era in Africa’s Frontier Exploration](https://africaoilgasreport.com/2023/08/petroleum-people/keith-hill-the-landlord-leaves-end-of-an-era-in-africas-frontier-exploration/) - Keith Hill, who led Africa Oil Corp to purchase a profitable chunk of Nigeria, and witnessed, as partner, Tullow Oil’s opening of Kenya as an oil province, is leaving the Canadian junior as President. He has been replaced by Roger Tucker, a one-time Senior Vice President Europe, for BG Group. Hill is the last of - [NUPRC Has Enabled Close to 4 Million Barrels of Crude Supply to Nigeria’s Small Refineries](https://africaoilgasreport.com/2023/08/refining-gap/nuprc-has-enabled-close-to-4-million-barrels-of-crude-supply-to-nigerias-small-refineries/) - By Abdulwaheed Sofiullahi Adeniyi, AOGR Reporter, covering Regulatory Authorities/SOEs The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has written to debunk allegations that lack of access to crude oil supply is inhibiting investment in mini-refineries, especially by companies who are non-producers of crude oil. The commission says it has enabled the supply of 3,614,936 barrels of - [Nigeria’s New Power Minister Will Need Enormous Willpower in a Fraught Sector](https://africaoilgasreport.com/2023/08/power-deficit/nigerias-new-power-minister-will-need-enormous-willpower-in-a-fraught-sector/) - By Fasilat Oluwuyi, Energy Access Reporter, in Ibadan With the appointment of Adebayo Adelabu as Nigeria’s minister of power, the very crucial overseer of electricity supply in the country has again been sourced from Ibadan, the once famous hotbed of the country’s opposition politics. In Bola Ige, former governor of Oyo State, of which Ibadan - [Ministers of State domiciled to Ministry of Petroleum Resources in absence of petroleum Minister](https://africaoilgasreport.com/2023/08/in-the-news/ministers-of-state-domiciled-to-ministry-of-petroleum-resources-in-absence-of-petroleum-minister/) - By Lukman Abolade Nigerian President, Bola Ahmed Tinubu has domiciled the appointed oil and gas Ministers of State designate to the Federal Ministry of Petroleum Resources. The President made the adjustments on Sunday evening among other cabinet reshuffle according to a statement by his Special Adviser on Media and Publicity, Ajuri Ngelale. The initial appointments - [NNPC Should Focus on the Technical Job, Not Playing Games with Financial Engineering](https://africaoilgasreport.com/2023/08/in-the-news/nnpc-should-focus-on-the-technical-job-not-playing-games-with-financial-engineering/) - Editorial Board of Africa Oil+Gas Report NNPC’s widely distributed press release about a loan it secured from AFREXIM bank, ostensibly for the purpose of supporting the Naira, is taken from a playbook that has served it well in the last eight years. The basic contents of that playbook are for NNPC to position itself as - [The Majestic Rig: Second Time Unlucky and Fatal](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/the-majestic-rig-second-time-unlucky-and-fatal/) - By Macson Obojemuinmoin, in Warri The swamp barge Majestic, the drilling facility which capsized in the waters on the way to a drilling location on Tuesday, August 15, 2023, was unlucky for the second time in five years. This time it was fatal. Majestic was engulfed in fire after it had just finished carrying out - [NNPC Claims to Champion Relief For The Naira With $3Billion Emergency Crude Repayment Loan from AFREXIM Bank](https://africaoilgasreport.com/2023/08/in-the-news/nnpc-claims-to-champion-relief-for-the-naira-with-3-billion-emergency-crude-repayment-loan-from-afrexim-bank/) - By Abdulwaheed Sofiullahi The NNPC Ltd. says it has joined. says it has joined forces with the African Export-Import Bank to announce the successful securing of a crucial $3Billion crude oil repayment loan. The commitment letter and Termsheet for this emergency loan were officially signed in a momentous event held Wednesday August 16, 2023 at - [ENI’s Alleged Duster in Mozambique is Just a Regular Day at Work](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/enis-alleged-duster-in-mozambique-is-just-a-regular-day-at-work/) - By Fred Akanni, Editor in Chief So much has been read into the alleged failure of the Italian player, ENI, to make a discovery with the recently drilled well in Mozambique’s frontier Angoche basin. “ENI’s Mozambican well failure spoils hope for East African oil find”, screams Zitamar News, one of Mozambique’s most authoritative online news - [Mozambique is Close to Concluding Negotiations with Bid Round Winners](https://africaoilgasreport.com/2023/08/farm-in-farm-out/mozambique-is-close-to-concluding-negotiations-with-bid-round-winners/) - Mozambican authorities are finalising negotiations with the two consortia that won the 6th international tender (bid round) for hydrocarbon exploration and production. “Negotiations are almost over and by the end of this year at the latest the contracts will be presented to the government so that it can approve them and start operations,” said Carlos - [TOYOTA to Build a 25MW Solar Plant in Benin Republic](https://africaoilgasreport.com/2023/08/energy-transition/toyota-to-build-a-25mw-solar-plant-in-benin-republic/) - Toyota Tsusho Corporation has signed a public-private partnership (PPP) agreement with the new Société béninoise de production d'électricité (SBPE) to develop a 25MW solar power plant in Pobe Municipal Council in the south-eastern flank of the republic of Benin. The facility is the second phase of the Illoulofin photovoltaic solar power plant. The first phase - [Morocco Calls for Bids For 400MW Solar Plant and Storage](https://africaoilgasreport.com/2023/08/energy-transition/morocco-calls-for-bids-for-400mw-solar-plant-and-storage/) - The Moroccan Agency for Sustainable Energy (MASEN) has called for tenders for the third phase of its Noor Midelt programme (Noor Midelt III), which involves the construction of a 400 MW photovoltaic solar power plant equipped with an electricity storage system. The tender for Noor Midelt III solar power plant comes one month after the - [Nigerian Regulator Publishes Gas Trading/Gas Exchange Regulations](https://africaoilgasreport.com/2023/08/gas-monetization/nmdpra-gazettes-gas-trading-gas-exchange-regulations/) - The Nigerian Midstream and Downstream Petroleum Regulatory Authority has published regulations on gas trading and gas exchange. The regulations, already gazette, are to— (a) regulate the establishment and operations of gas trading and settlement exchange platforms; (b) establish the principles for the secure, reliable and efficient trading and settlement of natural gas and other gas - [ENI Awards >$100Million Contract for FPU in Congo to Fellow Italian Company, Saipem](https://africaoilgasreport.com/2023/08/in-the-news/eni-awards-100million-contract-for-fpu-in-congo-to-fellow-italian-company-saipem/) - Italian major ENI has awarded a contract for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant (Floating Production Unit - FPU) for a gas project in Congo Brazzaville. The contract is worth more than $100Million. The FPU is a semisubmersible production platform that receives the production fluids from wellheads - [Australian Junior Mobilises Rig for Second Well in Zimbabwe](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/australian-junior-mobilises-rig-for-second-well-in-zimbabwe/) - Invictus Energy has commenced the mobilization of the land rig Exalo Rig 202 to Mukuyu-2, its second probe in Zimbabwe’s Cabora Bassa Basin. The well is on track to spud in September 2023. “The Mukuyu-2 well will be located approximately 6.8 kilometres north-east from Mukuyu-1 and over 400 metres updip at the primary Upper Angwa - [IFC Funds South African Bank to Finance Green Buildings](https://africaoilgasreport.com/2023/08/energy-transition/ifc-funds-south-african-bank-to-finance-green-buildings/) - The International Finance Corporation (IFC) is lending $236Million to Absa, a Johannesburg-based banking group, “to expand its residential and commercial lending programme and mortgage financing for environmentally friendly buildings”. The funding is expected to promote the IFC’s Design Excellence for Greater Efficiency (DEGE) programme to property developers. This certification encourages the design of buildings that - [Tullow Extends its Position in Gabon by 23 More Years](https://africaoilgasreport.com/2023/08/farm-in-farm-out/tullow-extends-its-position-in-gabon-by-23-more-years/) - Tullow has announced the approval from the Government of Gabon for the extension of several of its Gabon licences to 2046. “The licence extensions increase the value of Tullow’s resource base through the addition of about five million barrels (c.5MMbbls) net 2P reserves that will deliver c.100% 2P reserves replacement in Gabon this year”, Tullow - [Why Big Oil Will Never Understand the DNA of New Energy](https://africaoilgasreport.com/2023/08/energy-transition/why-big-oil-will-never-understand-the-dna-of-new-energy/) - The Clash of Two World Views Will the oil and gas world ever fully understand the DNA of New Energy? RRR (Reserve Replacement Ratio) vs GWs(Gigawatts), seismic vs electrolysis, drilling and completions vs wind parks and solar installations. Two parallel worlds, for at least now, seeming to co-exist. Oil and gas have seen its apex - [ECOMONDO 2023, ECOLOGICAL TRANSITION HAS ITS OWN ECOSYSTEM](https://africaoilgasreport.com/2023/08/others/paid-post/ecomondo-2023-ecological-transition-has-its-own-ecosystem/) - PAID POST Six themed macro-areas, a single ecosystem for ecological transition. Ecomondo, Italian Exhibition Group's international trade show for industrial technologies and services for the circular economy, will be opening the doors of its 26th edition from 7th to 10th November at Rimini Expo Centre with a new payoff: The Ecosystem of the Ecological Transition. - [Ghana to Pay $2.9/MMBTU for Jubilee Field Gas](https://africaoilgasreport.com/2023/08/gas-monetization/ghana-to-pay-2-9-mmbtu-for-jubilee-field-gas/) - Tullow Oil has agreed to charge the Government of Ghana a sum of $2.9 for every million British Thermal Units (MMBTU), or about a thousand cubic feet of gas, supplied from the Jubilee and TEN fields, located offshore the country. “The pricing remains lower than the weighted average price of other sources of gas in - [Saipem Wins $1Billion Contract for a Libyan Gas Project](https://africaoilgasreport.com/2023/08/gas-monetization/saipem-wins-1billion-contract-for-a-libyan-gas-project/) - Italian engineering firm Saipem a has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and ENI North Africa, for the development of the Bouri Gas Utilisation Project (BGUP), worth approximately $1Billion. Saipem will undertake revamping of the platforms and of the - [TOTALEnergies plans flare-less tie-in to Egina, first oil expected in 2027](https://africaoilgasreport.com/2023/08/in-the-news/totalenergies-plans-flare-less-tie-in-to-egina-first-oil-expected-in-2027/) - By Lukman Abolade French major, TOTALEnergies is processing Field Development Plan (FDP) approvals for new fields to be connected to the Egina oil field. Victor Bandele, the Deputy Managing Director, (Deep Water) of Deep Water Assets of TOTALEnergies EP Nigeria Limited disclosed this during the just concluded 2023 Nigeria Annual International Conference and Exhibition (NAICE) - [Schlumberger Signs a Turnkey Drilling Contract for Libya's Murzuq Basin](https://africaoilgasreport.com/2023/08/oilpatch-sahara/schlumberger-signs-a-turnkey-drilling-contract-for-libyas-murzuq-basin/) - Libya’s National Drilling Company, a subsidiary company of NOC, the state hydrocarbon company, has signed a contract with US-based SLB (formerly Schlumberger) to support an upcoming drilling campaign. The agreement is a turnkey contract. NOC says it is a first of its kind in the country. SLB will provide support to the National Drilling Company - [ENI Revokes Force Majeure Status on Three Exploration Assets in Libya](https://africaoilgasreport.com/2023/08/in-the-news/eni-revokes-force-majeure-status-on-three-exploration-assets-in-libya/) - Italian explorer ENI says it has formalised with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where the company is the operator with a 42.5% stake, along with BP, 42.5%, and the Libyan Investment Authority with 15%. “Force Majeure, declared in 2014, was - [At Last, NNPC Spuds the Nasarawa Well, Four Months After Elaborate “Kick Off” Ceremony](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/at-last-nnpc-spuds-the-nasarawa-well-four-months-after-elaborate-kick-off-ceremony/) - By Macson Obojemuinmoin Nigeria’s state hydrocarbon company NNPC Ltd. has finally spud Ebenyi-A in Nasarawa State, four months after an elaborate ritual officially described as the “spudding event”. The company is also frantically working to spud the Wadi-B in Borno state, tentatively by the second week of August, 2023. NNPC Ltd. had staged two events - [TGS-Petrodata Commences Large Multi-Client 3D Survey in the Vicinity of Agbami Field](https://africaoilgasreport.com/2023/08/oil-patch-sub-sahara/tgs-petrodata-commences-large-multi-client-3d-survey-in-the-vicinity-of-agbami-field/) - TGS-Petrodata, having secured a Petroleum Exploration License (PEL) with support from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has commenced the Awele South 3D multi-client survey offshore Nigeria. The ‘Awele South 3D 2023’ project will encompass approximately 5,900 square kilometres within the designated 56,000 square kilometers PEL area. The project, supported by industry funding, is - [Fuel Subsidy: Nigeria Chooses CNG as Alternative Fuel for Mass Transit](https://africaoilgasreport.com/2023/08/gas-monetization/fuel-subsidy-nigeria-chooses-cng-as-alternative-fuel-for-mass-transit/) - By Fasilat Oluwuyi, Reporter, Energy Access Nigeria’s president, Bola Ahmed Tinubu, has disclosed plans to roll out 3,000 units of Compressed Natural Gas (CNG) buses to cushion the effect of the fuel subsidy removal on Nigerians. Tinubu disclosed this in a 20-minute televised broadcast addressing the state of the nation July 31, 2023. The idea - [Nigeria’s Upstream E& P Needs More Efficiency, Crucial to Energy Transition](https://africaoilgasreport.com/2023/08/upstream/nigerias-upstream-e-p-needs-more-efficiency-crucial-to-energy-transition/) - By Lukman Abolade Roger Brown, the Chief Executive Officer of Seplat Energy Limited said while Nigeria’s upstream oil and gas development is critical to fund its energy transition, it also needs to be more efficient. Brown was speaking at the 2023 Nigeria Annual International Conference and Exhibition (NAICE) of the Society Petroleum Engineers, Nigeria Council, - [Morocco Increases its Gas Import from Spain as Algerian Supply Disappears](https://africaoilgasreport.com/2023/07/gas-monetization/morocco-increases-its-gas-import-from-spain-as-algerian-supply-disappears/) - Mohammed Jetutu, in Cairo Morocco imported about 90Million cubic feet of gas per day (90MMscf/d) from Spain in May 2023, a fourth consecutive monthly record from its European neighbour. The volumes were less than the 105MMscf/d that the North African kingdom used to receive from Algeria, for the purpose of firing its Combined Cycle Gas - [NAMCOR’s Mulunga Cleared of Charges, But May Not Get His Job Back](https://africaoilgasreport.com/2023/07/petroleum-people/namcors-mulunga-cleared-of-charges-but-may-not-get-his-job-back/) - By Sully Manope, in Windhoek Immanuel Mulunga, the flamboyant Chief Executive of NAMCOR, Namibia’s state hydrocarbon company, has been cleared of charges of sleaze by the country’s Anti-Corruption Commission (ACC). But the man who has acted as the face of Namibia to international companies willing to access the country’s petroleum potentials, may be on his - [Nigerian Deepwater Bid Round Wraps Up today July 28, 2023](https://africaoilgasreport.com/2023/07/farm-in-farm-out/nigerian-deepwater-bid-round-wraps-up-today-july-28-2023/) - By Macson Obojemuinmoin The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) may be keeping to the reviewed terminal date for the seven deepwater acreages on offer since January 2023. The commission, on April 1 2023, revised the Deep Offshore Oil Block Bid Round Schedule by extending the deadline for the submission of Technical/Commercial bids to May - [TOTAL Cites ‘Improvement in Nigerian Security Conditions’ in 2nd Quarter 2023](https://africaoilgasreport.com/2023/07/in-the-news/total-cites-improvement-in-nigerian-security-conditions-in-2nd-quarter-2023/) - By Toyin Akinosho, Publisher TOTALEnergies has attributed part of the increase in its hydrocarbon output, in the second quarter of 2023, to improvement of security conditions in Nigeria and Libya. The French major recorded 2.741Million Barrels of Oil Equivalent Per Day (BOEPD) on average between April 1 and June 30, 2023. This is 2% higher - [Maximum Gas Price of $6.5 Per Thousand Cubic Feet “Not Excessive”, Sasol Tells South African Regulator](https://africaoilgasreport.com/2023/07/gas-monetization/maximum-gas-price-of-6-5-per-thousand-cubic-feet-not-excessive-sasol-tells-south-african-regulator/) - By Toyin Akinosho, Publisher South African energy producer Sasol has disagreed with “the preliminary conclusion by the National Energy Regulator of South Africa (NERSA) that the maximum price of R120/GJ applied for by Sasol Gas for full year 2023 is excessive”. Of the volume imported into South Africa from Mozambique through a pipeline inaugurated 19 - [Libya’s Soaring Gasoline Import Bill Eats into Crude Output Revenues](https://africaoilgasreport.com/2023/07/downstream/libyas-soaring-gasoline-import-bill-eats-into-crude-output-revenues/) - Libya has been the second largest crude oil producer in Africa for most of the last six months. But earnings from its near capacity 1.2Million Barrels Per Day (1.2MMBOPD) crude output are decimated by rising oil products imports, and a slump in gas exports to Italy have eaten into Tripoli’s revenues. Libya’s crude oil output - [€7Billion Worth of Chinese Made Solar Panels Sitting In Warehouses in Europe](https://africaoilgasreport.com/2023/07/energy-transition/e7billion-worth-of-chinese-made-solar-panels-sitting-in-warehouses-in-europe/) - Chinese-manufactured solar photovoltaic (PV) panels are piling up in European warehouses, with approximately 40 gigawatts-direct current* (GWdc) of capacity currently in storage – the same amount installed across the continent in 2022. These solar panels in storage are worth about €7 billion and could generate enough electricity to power 20 million homes per year. The - [Prudent Energy, 55 Others Get Licenses to Import Gasoline into Nigeria](https://africaoilgasreport.com/2023/07/downstream/downstream-retail/prudent-energy-55-others-get-licenses-to-import-gasoline-into-nigeria/) - By Fasilat Oluwuyi, Energy Access Reporter, AOGR Farouk Ahmed, Chief Executive Officer, Nigeria Mainstream and Downstream Petroleum Regulatory Authority (NMDPRA), has disclosed that a total of 56 marketing companies have now gotten the license to import fuel in Nigeria. Ahmed listed Prudent Energy, AYM Shafa and Emadeb as the three companies currently importing PMS, adding - [Release by Scatec Raises 102Million to Accelerate Growth in Renewable Energy Development](https://africaoilgasreport.com/2023/07/energy-transition/release-by-scatec-raises-102million-to-accelerate-growth-in-renewable-energy-development/) - Release by Scatec signed an agreement to raise $102Million (NOK 1Billion) in funding from Climate Fund Managers (CFM) to further accelerate its growth ambitions. Release was established by Scatec ASA in 2019 to offer a flexible leasing solution of pre-assembled and modular solar and battery equipment for the mining and utilities market. CFM is a - [What Took So Long? Woodside Belatedly Postpones First Oil for Sangomar Field](https://africaoilgasreport.com/2023/07/in-the-news/what-took-so-long-woodside-belatedly-postpones-first-oil-for-sangomar-field/) - The Senegalese government had banked on commissioning the country’s first commercial scale oilfield development by Christmas of 2023. The operator, Australian based Woodside Energy, had repeated assurances of this timeline for the past three years. Even when BP and Kosmos Energy announced the postponement of first cargo from the Greater Tortue Ahmeyim (GTA) liquefied natural - [Egypt and Ethiopia Work to End Dispute Over Africa’s Largest Hydropower Plant](https://africaoilgasreport.com/2023/07/energy-transition/egypt-and-ethiopia-work-to-end-dispute-over-africas-largest-hydropower-plant/) - By Okot Njoroge, in Nairobi Ethiopian Prime Minister Abiy Ahmed and Egyptian President Abdel Fattah El Sisi have agreed to accelerate talks to find a solution to the long-running dispute over the Grand Ethiopian Renaissance Dam (GERD). GERD is Africa’s largest hydropower project, with 6,000MW capacity, more than double Ethiopia’s current generating capacity, and will - [Jubilee SE: Two New Wells Gush Over 20,000BOPD; Push Field Output Above 100KBD](https://africaoilgasreport.com/2023/07/in-the-news/jubilee-se-two-new-wells-gush-over-20000bopd-push-field-output-above-100kbd/) - By Abdulwaheed Sofiullahi The first two of four wells in the Jubilee field to be brought onstream in 2023 came online in May and July 2023 at initial rates of over 20,000Barrels of Oil Per Day (BOPD), way above expectations. The probes are in the Jubilee South East (JSE) comportment of the Jubilee field, which - [TSK to Start Construction of 360MW Gas Fired Plant in Senegal from 2024](https://africaoilgasreport.com/2023/07/power-deficit/tsk-to-start-construction-of-360mw-gas-fired-plant-in-senegal-from-2024/) - European engineering firm TSK, has partnered with Senegalese company LFR Energy for the construction of the Sandiara Power Plant, a gas-to-power facility located in Senegal’s Special Economic Zone (SEZ). Construction is slated to begin in 2024. “The consortium has ambitions to build the largest gas-to-power plant in Senegal with the objective to develop Sandiara as - [Petrofac Wins the Management Contract for Espoir FPSO in Cote D'Ivoire](https://africaoilgasreport.com/2023/07/in-the-news/petrofac-wins-the-management-contract-for-espoir-fpso-in-cote-divoire/) - Petrofac, the UK headquartered energy industry service provider, has been awarded a facilities management contract by CNR International offshore Cote D'Ivoire, West Africa. “The initial three-year, multi-million-dollar contract will see Petrofac’s Asset Solutions business providing integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel”, the company says in a release. “Around - [Invictus Starts New Seismic Shoot in Zimbabwe’s Frontier Acreage](https://africaoilgasreport.com/2023/07/oil-patch-sub-sahara/invictus-starts-new-seismic-shoot-in-zimbabwes-frontier-acreage/) - Australian minnow Invictus Energy reports that work is progressing according to plan on the Cabora Bassa two dimensional seismic acquisition 2023 (CB23 2D) programme being carried out by Polaris Natural Resource Development Ltd (Polaris) on its behalf. Having also acquired Invictus’ earlier seismic survey in 2021 (CB21), “Polaris are well-placed to deliver safe and efficient - [Senegalese Company Wins High Profile Engineering Contract on the Sangomar Field](https://africaoilgasreport.com/2023/07/in-the-news/local-senegalese-company-wins-high-profile-engineering-contract-on-the-sangomar-field-development/) - Local Senegalese player Gorée Offshore Engineering (Gorée) has got more than a foot in the door to contracting opportunities in the Sangomar field, the first commercial scale oilfield development in the country. In Consortium with Genesis, a wholly-owned Technip Energies company, Gorée has signed a multi-year Outline Agreement (OA) with the Australian explorer Woodside Energy - [For Western Indies in Africa, the ‘Chutzpah’ Is Back/Our Latest Issue](https://africaoilgasreport.com/2023/07/in-the-news/for-western-indies-in-africa-the-chutzpah-is-back-our-latest-issue/) - The 2014 crude oil price crash harvested a lot of victims. Afren went under, BG was swallowed by Shell, Anadarko disappeared, Tullow Oil, which shared the position, with Anadarko, of the arrowhead of African wildcat exploration, has not recovered since; it sold its prime properties in East Africa to TOTAL, recalibrated its Pan African exploration - [Ewo Well (OML 120) Out of Pressure Control Problems, Close to ‘Primary’ Target](https://africaoilgasreport.com/2023/07/oil-patch-sub-sahara/ewo-well-oml-120-out-of-pressure-control-problems-close-to-primary-target/) - By Macson Obojemuinmoin General Hydrocarbons Ltd (GHL), the Nigerian independent operator of the deepwater Oil Mining Lease (OML 120), has worked its way out of the “kick” experienced when the platform rig Blackford Dolphin ran into an abnormal pressure regime in a shallow reservoir in the Ewo-1 wildcat in late May 2023. The well has - [George- Ikoli Takes a Seat on PWYP’s Global Council](https://africaoilgasreport.com/2023/07/petroleum-people/george-ikoli-takes-a-seat-on-pwyps-global-council/) - The Nigeran lawyer Tengi George-Ikoli has been appointed to the Global Council of Publish What You Pay (PWYP), a civil society movement of more than 800 organisations spanning 50+ countries that enable people's right to information and participation in natural resource governance. Ms. George Ikoli is the senior officer at the Natural Resource Governance Institute - [Nigerian Electricity Discos Apply for Tariff Hike](https://africaoilgasreport.com/2023/07/power-deficit/nigerian-electricity-discos-apply-for-tariff-hike/) - The Nigerian Electricity Regulatory Commission (NERC) says the eleven (11) successor electricity distribution companies (“DisCos”) have filed an application for rate review with the Commission. “The request for rate review is premised on the need to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies”, - [TOTAL and Seplat Discoveries Not Evidence of Aggressive Exploration in Nigeria](https://africaoilgasreport.com/2023/07/oil-patch-sub-sahara/total-and-seplat-discoveries-not-evidence-of-aggressive-exploration-in-nigeria/) - By Lukman Abolade, Senior Correspondent It would be wrong to characterise the discoveries of Sibiri and Ntokon oil and gas fields by TOTAL and Seplat in Nigerian Oil Mining Leases (OMLs) 40 and 102 within the last six months as evidence of aggressive exploration in the country. “I'm not surprised that TOTAL made a new - [ENI Concludes First Well in Moza's Angoche Basin](https://africaoilgasreport.com/2023/07/oil-patch-sub-sahara/eni-concludes-first-well-in-mozas-angoche-basin/) - Italian explorer ENI has concluded the drilling process of the Raia-1 well, located in Block A5-A in the Angoche basin, off Nampula province in the north of Mozambique. Area A5-A is located off the Angoche coast at a water depth ranging from 300 to 1800 metres. With an area of 4,612 square kilometres, it is - [ENI Delivers LNG From Algeria to a New Italian Terminal](https://africaoilgasreport.com/2023/07/gas-monetization/eni-delivers-new-lng-from-algeria-to-an-italian-terminal/) - Italian major ENI has reported delivering a gas cargo of 3.1Billion cubic feet from Algeria to the SNAM regasification terminal in Piombino, Italy. Unloading operations took place following the completion of the test phase and mark the beginning of the terminal’s commercial operation. "The cargo was produced at the Sonatrach liquefaction plant in Betihoua, Algeria", - [Century Group Acquires FPSO Sendje Berge from BW Offshore](https://africaoilgasreport.com/2023/07/in-the-news/century-group-acquires-fpso-sendje-berge-from-bw-offshore/) - BW Offshore, the Norwegian service provider, reports that it has closed the transaction for the sale of the floating production storage and offloading (FPSO) vessel Sendje Berge to a local FPSO owner and operator for a total consideration of $15Million. That local FPSO owner is Century Energy Group, an active, Nigerian owned, oil and gas ## Pages - [Africa Oil+Gas Report](https://africaoilgasreport.com/) - [Events](https://africaoilgasreport.com/events/) - CONTENTS AFRICAN ENERGY CONFERENCE AGENDA MAY 2026 TO DECEMBER 2026 A periodic update on Conferences and Exhibitions focused on oil and gas and energy in Africa and for Africa... 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This is why we herewith explain to you what personal information we collect and how we may use it. When you request a newsletter - [Locations](https://africaoilgasreport.com/events/locations/) - CONTENTS ## Events - [Algeria Hosts North Africa To A Petroleum Gabfest](https://africaoilgasreport.com/events/algeria-hosts-north-africa-to-a-petroleum-gabfest/) - Over a four day period, more than 25,000 delegates are expected to participate in the 7th North Africa Petroleum Exhibition & Conference from 21st to 24th March 2017, at the Convention Center, Oran, Algeria. North Africa’s largest international trade fair for the oil and gas industry is primarily dedicated to the Upstream, Midstream and Downstream - [7th North Africa Petroleum Exhibition and Conference (NAPEC)](https://africaoilgasreport.com/events/7th-north-africa-petroleum-exhibition-and-conference-napec/) - The North Africa Petroleum Exhibition and Conference (NAPEC) organizer is pleased to announce the launch of three of the major oil and gas events in North Africa: North Africa Petroleum Conference & the North Africa Exploration and Production Conference, and North Africa Pipelines Conference, held simultaneously in 21-24 March 2017 in Oran, Algeria. North Africa is one - [23rd Africa Oil Week](https://africaoilgasreport.com/events/7779/) - URL:http://www.africa-oilweek.com Contact: babette@glopac-partners.com or amanda@glopac-partners.com Description:Top level executives in the global industry have often noted, the Africa Oil Week/Africa Upstream Conference stands apart from all other events as the leading meeting in or on Africa, and sits at the top of the global oil-gas calendar, allowing delegates unrivalled opportunities, You’re only inside Africa’s oil and gas game, if you’re at Africa Upstream 2016. Meet with Africa’s state oil officials, Ministers, plus senior executives, private oil players and worldwide public listed oil-gas/energy companies Acquire insight and knowledge from an outstanding program with 175 top-line speakers Negotiate deals, investments and farm-in/farmout opportunities with corporates and state oil firms Interface with over 40 Governments and participate in roadshow opportunities for emerging acreage/asset transactions Discuss ventures with major oil/energy banking institutions, institutional oil-equity investors, project financiers, multilaterals and transaction advisors Network with the growing service and supply industry operators found across Africa’s oil and gas-LNG value chain Engage with 180 exhibitor companies, and over 1,250-plus senior executive delegates - [22nd Africa Oil Week/Africa Upstream Conference 2015](https://africaoilgasreport.com/events/africa-oil-weekafrica-upstream-conference-2015/) - Date: 26 - 30 October 2015 To register for the conference click here 22nd Africa Oil Week Location: Cape Town, South Africa Venue: Cape Town International Convention Center URL: http://www.africa-oilweek.com Description: The 22nd Africa Oil Week 2015 is scheduled for 26-30th October at the Cape Town International Convention Centre, South Africa. This year including - [SPE North Africa Technical Conference](https://africaoilgasreport.com/events/spe-north-africa-technical-conference/) - Sep 14 - Sep 16 SPE North Africa Technical Conference Cairo, Egypt Contact: formsdubai@spe.org http://www.spe.org/ - [Africa Oil and Gas Expo 2015](https://africaoilgasreport.com/events/africa-oil-and-gas-expo-2015/) - September 8- 9, 2015 Africa Oil and Gas Expo 2015 Johannesburg, South Africa Tel: +44 (0)207 127 4501 E: info@oliverkinross.com - [East Africa Oil and Gas Conference](https://africaoilgasreport.com/events/east-africa-oil-and-gas-conference/) - September 2-3, 2015 East Africa Oil and Gas Conference Dar es Salaam, Tanzania michael.jacobs@ite-events.com +44 (0) 207 596 5147 - [Africa Small and Marginal Oil Fields Development Conference](https://africaoilgasreport.com/events/africa-small-and-marginal-oil-fields-development-conference/) - August 19 - August 20 Africa Small and Marginal Oil Fields Development Conference London, UK Events@energycorporateafrica.com - [Society of Petroleum Engineers: 39th](https://africaoilgasreport.com/events/society-of-petroleum-engineers-39th/) - August 4-6, 2015 Society of Petroleum Engineers: 39th Nigeria Annual International Conference and Exhibition Lagos, Nigeria +234 (84) 775 941, +234 803 3558 8953 Email: spenigeria@spemail.org - [POWER-GEN Africa 2015](https://africaoilgasreport.com/events/power-gen-africa-2015-2/) - 15-17 July, 2015 POWER-GEN Africa 2015 Cape Town, South Africa Contact: Samantha Malcolm T: +44 (0) 1992 656 619 E: samantham@pennwell.com Contact: info@nape.org.ng - [13th FLNG World Congress](https://africaoilgasreport.com/events/13th-flng-world-congress/) - June 30 - July 1 13th FLNG World Congress Singapore, Singapore rani.kuppusamy@iqpc.com.sg - [2015 Africa Assembly](https://africaoilgasreport.com/events/2015-africa-assembly/) - June 23 - June 25 2015 Africa Assembly Paris, France gina.sole@oilcouncil.com - [World National Oil Companies Local Content Congress](https://africaoilgasreport.com/events/world-national-oil-companies-local-content-congress/) - June 16 - June 17 World National Oil Companies Local Content Congress London, UK paul.gilbertson@terrapinn.com - [The Oil & Gas Summit Africa](https://africaoilgasreport.com/events/the-oil-gas-summit-africa/) - June 10 - June 12 The Oil & Gas Summit Africa Capetown, South Africa ben.williams@gdsinternational.com - [NAPE 33rd International Conference & Exhibition](https://africaoilgasreport.com/events/nape-33rd-international-conference-exhibition/) - Theme: Global Energy Dynamics and Implications for Nigeria's Energy and Economic Security Venue: Eko Hotels & Suites, Victoria Island, Lagos Email: Executive Director: adeniyi.e@nape.org or info@nape.org.ng Website: www.nape.org.ng - [POWER-GEN Africa 2015](https://africaoilgasreport.com/events/power-gen-africa-2015/) - July 15 - 17, 2015 POWER-GEN Africa 2015 Cape Town, South Africa Contact: Samantha Malcolm Tel: +44 (0) 1992 656 619 E: samantham@pennwell.com - [2nd Ugandan Mining, Energy, Oil & Gas Conference & Exhibition : UMEC](https://africaoilgasreport.com/events/2nd-ugandan-mining-energy-oil-gas-conference-exhibition-umec/) - May 20 – 21, 2015 2nd Ugandan Mining, Energy, Oil & Gas Conference & Exhibition : UMEC Kampala, Uganda E: uganda@ametrade.org Tell: + 44 207 700 4949 - [26th World Gas Conference](https://africaoilgasreport.com/events/26th-world-gas-conference/) - June 1 – 5, 2015 26th World Gas Conference Paris, France Tel: +44 (0)131 478 7000 E: news@newsbase.com - [Intergas- Oil, Gas and Petrochemicals](https://africaoilgasreport.com/events/intergas-oil-gas-and-petrochemicals/) - May 15, 2015 Intergas- Oil, Gas and Petrochemicals CICC, Cairo, Egypt Conference and Exhibition Tel: +20 2 2405 1919, +44 207 978 0060 E:mohamed@eif-eg.com - [Ghana Oil & Gas Summit 2015](https://africaoilgasreport.com/events/ghana-oil-gas-summit-2015/) - April 21 – 23, 2015 Ghana Oil & Gas Summit 2015 Accra, Ghana Tel: +44 20 7978 0087, +44 20 7978 0000 Email: PJarzembowski@thecwcgroup.com www.thecwcgroup.com - [PetroForum Africa 2015](https://africaoilgasreport.com/events/petroforum-africa-2015/) - Date: March 2 – 3, 2015. PetroForum Africa 2015 Johannesburg, South Africa E: info@openroomevents.com Tel: +44 20 8222 8837 - [Power & Electricity World Africa, 2015](https://africaoilgasreport.com/events/power-electricity-world-africa-2015/) - 24 - 25 March, 2015 Power & Electricity World Africa, 2015 Johannesburg, South Africa Contact: +27 (0) 11 516 4022 E: ryan.chetty@terrapinn.com - [Nigeria Oil and Gas Conference, (NOG) 2015](https://africaoilgasreport.com/events/nigeria-oil-and-gas-conference-nog-2015/) - March 16 – 19, 2015 Nigeria Oil and Gas Conference, (NOG) 2015 Abuja, Nigeria Tel: +44 20 7978 0768, +44 20 7978 0000 Email: ebogue@thecwcgroup.com www.thecwcgroup.com - [3rd Annual Offshore Support Vessels Forum, March 8 -11, 2015](https://africaoilgasreport.com/events/3rd-annual-offshore-support-vessels-forum-march-8-11-2015/) - Date: March 8 -11, 2015 3rd Annual Offshore Support Vessels Forum Rosewood, Abu Dhabi, UAE Tel: +97143642975 E: enquiry@iqpc.ae - [Offshore West Africa January 20 – 22, 2015](https://africaoilgasreport.com/events/offshore-west-africa-january-20-22-2015/) - January 20 – 22, 2015 Offshore West Africa The Eko Hotels and Suites, Lagos, Nigeria http://www.offshorewestafrica.com/register.html leec@pennwell.com +44 1992 656 600 - [8th Annual Pipeline Integrity Management Forum](https://africaoilgasreport.com/events/8th-annual-pipeline-integrity-management-forum/) - February 4 – 5, 2015 8th Annual Pipeline Integrity Management Forum London, United Kingdom E: andrea.trnovec@flemingeurope.com +421 257 272 183 - [East Africa Oil and Gas Submit, February 9 – 10, 2015](https://africaoilgasreport.com/events/east-africa-oil-and-gas-submit-february-9-10-2015/) - February 9 – 10, 2015 East Africa Oil and Gas Submit Dar es Salaam Tel: +44 (0)207 127 4501 Fax: +44 (0)207 127 4503 E-mail: info@oliverkinross.com - [Africa Power Summit 2015](https://africaoilgasreport.com/events/africa-power-summit-2015/) - January 29 – 30, 2015 Africa Power Summit 2015 United Kingdom Tel: +44 (0)131 478 7000 E: news@newsbase.com - [SPE Nigeria Annual International Conference and Exhibition 2014](https://africaoilgasreport.com/events/nigeria-annual-international-conference-and-exhibition-2014/) - Call for Papers Closes soon for the Nigeria Annual International Conference and Exhibition 2014 Event Date: 5-7 August 2014 Location: Lagos, Nigeria Theme: Africa's Energy Corridor: Opportunities for Oil and Gas Value Maximisation Through Integration and a Global Approach Call for Papers Deadline: 15 January 2014 The Nigeria Annual International Conference and Exhibition (NAICE) has grown to become the largest upstream - [SPE ANGOLA: MONTHLY MEETINGS 2014](https://africaoilgasreport.com/events/spe-angola-monthly-meetings-2014/) - By: Tako Koning, Program Chairperson, SPE Board of Directors, Luanda April 2, CGG Multi-Client & New Ventures, Gregory Duval, “Sub-Salt and Pre-Salt Plays of the Kwanza Basin Deep Water Area: Benefits from Recently Acquired Broadband Seismic Data”. May 26, BP, Martin Rylance, SPE Distinguished Lecturer, “Unconventional Completions: A Paradigm Shift”. - [32nd Annual International Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE)](https://africaoilgasreport.com/events/32nd-annual-international-conference-and-exhibition-of-the-nigerian-association-of-petroleum-explorationists-nape/) - The Nigerian Association of Petroleum Explorationists (NAPE) is pleased to invite you to participate in the 32nd Annual International Conference and Exhibition (ICE) 2014. Theme: The Future of Hydrocarbon Exploration: Drilling Deeper, Searching Wider www.nape.org.ng - [Cote d’Ivoire International Mining, Energy/Oil & Gas and Infrastructure Summit (CIMEOGIS 2014) ](https://africaoilgasreport.com/events/cote-divoire-international-mining-energyoil-gas-and-infrastructure-summit-cimeogis-2014/) - Discover New Investment and Business Opportunities and be part of the new economic momentum in Cote d’Ivoire. www.cotedivoiresummit.com - [Discover the Difference – A Technology Event ](https://africaoilgasreport.com/events/discover-the-difference-a-technology-event/) - Lagos, Nigeria – Ofserv Nigeria Limited in conjunction with Skangix Development Company is excited to host an exclusive event tagged “Discover the Difference“ – a technical conference and technology open house scheduled to hold on Friday, March 7, 2014. The event is organized to unveil an array of innovative solutions, aggregated to address specific drilling - [SPE’s Catch Them Young Comes Up On February 15, 2014](https://africaoilgasreport.com/events/spes-catch-them-young-comes-up-on-february-15-2014/) - SPE Nigeria Council's Annual Catch Them Young Essay & Quiz competition will hold on February 15, 2014 in cities around Nigeria where there are SPE Sections. It will involve over 200 students from 100+ The programme is designed for Secondary School Students in Nigeria who may have a bias for science and shall probably be - [OTC 2014 Short Courses (OTC 2014 Conference)](https://africaoilgasreport.com/events/otc-2014-short-courses-otc-2014-conference/) - The Petroleum Technology Association of Nigeria (PETAN) in collaboration with Energy & Corporate Africa, Houston will be organizing 2-Day courses for delegates as part of the OTC 2014 Conference - [Nigeria Oil & Gas: 14th Strategic Conference & Exhibition](https://africaoilgasreport.com/events/nigeria-oil-gas-14th-strategic-conference-exhibition/) - Under the Patronage of the Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC), now in its 14th year, NOG is established as the largest annual gathering of existing and new players in the Nigerian oil and gas industry in Sub Saharan Africa. - [GHANA OIL & GAS SUMMIT Conference & Exhibition ](https://africaoilgasreport.com/events/ghana-oil-gas-summit-conference-exhibition/) - Ghana Summit, the most established oil and gas event in Ghana, returns to Accra on 8-10 April 2014. This prominent gathering, produced by the CWC Group in partnership with Kros Ghana, was the only energy event in 2013 to be supported by His Excellency, President John Dramani Mahama and endorsed by The Ministry of Energy and Petroleum, Ghana National Petroleum Corporation (GNPC)... - [7th Annual Sub-Saharan Africa Oil & Gas Conference](https://africaoilgasreport.com/events/7th-annual-sub-saharan-africa-oil-gas-conference/) - PARTICIPANTS ATTENDING THIS CONFERENCE WILL LEARN: • How to achieve potentials in Sub-Saharan Africa’s upstream, downstream & shale • New venture / upstream opportunities in the region • Downstream potentials and opportunities • The region’s shale oil and gas potentials • Advancements in geology, geophysics, reservoir engineering, oil and gas engineering, technology And more! - [GULF OF GUINEA GAS CONFERENCE](https://africaoilgasreport.com/events/gulf-of-guinea-gas-conference/) - GULF OF GUINEA GAS CONFERENCE MOVES TO CÔTE D’IVOIRE After fifteen successful years, Gulf of Guinea Gas is now established as the most senior forum to focus on West Africa’s thriving gas sector. Held under the auspices of Côte d’Ivoire’s Ministry of Petroleum & Energy, co-hosted by PETROCI and co-sponsored by IGU, this strategic conference - [Offshore West Africa 2014](https://africaoilgasreport.com/events/offshore-west-africa-2014/) - The 18th annual Offshore West Africa conference and exhibition will yet again provide a platform for technology exchange and new business development. Offshore West Africa is the region’s premier technical forum focused exclusively on West Africa’s offshore Oil and Gas market. - [12th Annual Deep Water Angola Summit 2013](https://africaoilgasreport.com/events/12th-annual-deep-water-angola-summit-2013/) - ‘Understanding the Pre-Salt Roadmap’ is the theme of the Summit. This summit builds on the Pre-salt theme of the highly successful 2012 summit, which was attended by 150 delegates and supported by MINPET and Sonangol, as well as a major cross-section of the international oil and gas community. To register, visit www.energywise.nl - [The 6th East African Petroleum Conference and Exhibition (EAPCE’13) ](https://africaoilgasreport.com/events/the-6th-east-african-petroleum-conference-and-exhibition-eapce13/) - Phone: +255 784 691000 Fax: +255 22 2200113 Email: eapce13@tpdc-tz.com Website: Click Here - [SPE North Africa Technical Conference and Exhibition (NATC 2013)](https://africaoilgasreport.com/events/spe-north-africa-technical-conference-and-exhibition-natc-2013/) - The 2013 North Africa Technical Conference and Exhibition (NATC) is the fourth edition of this event. The event is an international platform to discuss and share the knowledge, experiences and latest technical applications pertaining to the current issues within the oil and gas industry in North Africa. Phone: +971 4 457 5800 Fax: +971 4 - [Oil & Gas Libya Exhibition and Conference](https://africaoilgasreport.com/events/oil-gas-libya-exhibition-and-conference/) - Following the success of Oil & Gas Libya 2012, plans for the 5th event in this series, Oil & Gas Libya 2013, are set for 22/25 April 2013 at the Tripoli International Fairground. The OIL & GAS LIBYA 2013 conference will allow the Libyan authorities to set out their priorities and requirements for the country’s energy sector, and - [Petro.t.ex Africa 2013](https://africaoilgasreport.com/events/petro-t-ex-africa-2013/) - The 4th Edition of the Definitive African Petrochemical Industry Exhibition and Conference. It is the Mid and Downstream event for the petroleum and petrochemical Industries in South Africa with the main objective of promoting products and services within Sub-Saharan Africa. Plus: Conferences, Workshops & Industry Briefings Visitor Registration Opens March 1st 2013 Exhibition Manager Contact: - [East Africa New Frontier Exploration Forum](https://africaoilgasreport.com/events/east-africa-new-frontier-exploration-forum/) - -Gain an insight into Africa's newest discoveries -Understand how gas monetisation is key to operational success -Discuss the role of LNG in commercialising East African gas - [6th Gas Tech Cairo 2013 ](https://africaoilgasreport.com/events/6th-gas-tech-cairo-2013/) - 6th Gas Tech Cairo, Conference & Exhibition - [Libya Summit: Oil, Gas & Sustainable Growth](https://africaoilgasreport.com/events/libya-summit-oil-gas-sustainable-growth/) - The New Libya is set to be a key international oil and gas player with great potential for growth, following the fall of the previous regime and the historic July elections. Make sure you are at the officially supported Libya Summit - Oil, Gas and Sustainable Growth The summit will act as the official NOC Libya platform to assist in building the future of Libya, focusing on future development of the oil & gas industry whilst also highlighting the many opportunities on offer. ## Locations - [dghdf](https://africaoilgasreport.com/locations/dghdf/) - [Convention Center](https://africaoilgasreport.com/locations/convention-center/) - [Oran](https://africaoilgasreport.com/locations/oran/) - [Cape Town International Convention Center](https://africaoilgasreport.com/locations/cape-town-international-convention-center-2/) - [Cape Town International Convention Center](https://africaoilgasreport.com/locations/cape-town-international-convention-center/) - [Cape Town, South Africa](https://africaoilgasreport.com/locations/cape-town-south-africa-3/) - [Cairo, Egypt](https://africaoilgasreport.com/locations/cairo-egypt/) - [Johannesburg, South Africa](https://africaoilgasreport.com/locations/johannesburg-south-africa-2/) - [Dar es Salaam, Tanzania](https://africaoilgasreport.com/locations/dar-es-salaam-tanzania/) - [London, UK](https://africaoilgasreport.com/locations/london-uk-2/) - [Lagos, Nigeria](https://africaoilgasreport.com/locations/lagos-nigeria-3/) - [Cape Town, South Africa](https://africaoilgasreport.com/locations/cape-town-south-africa-2/) - [Singapore, Singapore](https://africaoilgasreport.com/locations/singapore-singapore/) - [Paris, France](https://africaoilgasreport.com/locations/paris-france-2/) - [London, UK](https://africaoilgasreport.com/locations/london-uk/) - [Capetown, South Africa](https://africaoilgasreport.com/locations/capetown-south-africa/) - [Lagos Nigeria](https://africaoilgasreport.com/locations/lagos-nigeria-2/) - [Lagos Nigeria](https://africaoilgasreport.com/locations/lagos-nigeria/) - [Cape Town, South Africa](https://africaoilgasreport.com/locations/cape-town-south-africa/) - [Paris, France](https://africaoilgasreport.com/locations/paris-france/) - [Kampala, Uganda](https://africaoilgasreport.com/locations/kampala-uganda/) - [CICC, Cairo Egypt](https://africaoilgasreport.com/locations/cicc-cairo-egypt/) - [Johannesburg, South Africa](https://africaoilgasreport.com/locations/johannesburg-south-africa/) - [Accra, Ghana](https://africaoilgasreport.com/locations/accra-ghana/) - [Johannesburg](https://africaoilgasreport.com/locations/johannesburg/) - [ICC Abuja, Nigeria](https://africaoilgasreport.com/locations/icc-abuja-nigeria/) - [Rosewood, Abu Dhabi, UAE ](https://africaoilgasreport.com/locations/rosewood-abu-dhabi-uae/) - [London, United Kingdom](https://africaoilgasreport.com/locations/london-united-kingdom/) - [Tanzania](https://africaoilgasreport.com/locations/tanzania/) - [United Kingdom](https://africaoilgasreport.com/locations/united-kingdom/) - [Victorial Island](https://africaoilgasreport.com/locations/victorial-island/) - [Luanda](https://africaoilgasreport.com/locations/luanda/) - [Eko Hotels & Suites](https://africaoilgasreport.com/locations/eko-hotels-suites/) - [Hotel Ivoire Intercontinental](https://africaoilgasreport.com/locations/hotel-ivoire-intercontinental/) - 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