NAMCOR Partners with Subsea7 to Accelerate Namibia’s Offshore Energy Revolution
The National Petroleum Corporation of Namibia (NAMCOR) has formed a strategic partnership with global offshore energy contractor Subsea7, signing a Memorandum of Understanding that aims to propel Namibia’s rapidly developing offshore energy sector following recent significant discoveries. This collaboration establishes a framework for knowledge sharing, competency building, and workforce development, with the goal of driving […]
Afreximbank Launches Game-Changing $3 Billion African Oil Trade Facility
The African Export-Import Bank (Afreximbank) has unveiled an ambitious $3 billion Revolving Intra-African Oil Trade Financing Program designed to reduce the continent’s dependence on imported petroleum products. This groundbreaking initiative is projected to finance between $10-14 billion worth of intra-African petroleum trade, encompassing premium motor spirit, automotive gas oil, heavy fuel oil, kerosene, and jet […]
ENERGY POWERHOUSE TAPS GAS VETERAN IN SURPRISE MOVE TO ACCELERATE SOUTH AFRICAN OFFSHORE BONANZA
Africa Energy Corp recruits former petroleum agency chief to spearhead development of massive gas discoveries In a strategic masterstroke that signals serious intent to fast-track development of its world-class discoveries, Africa Energy Corp has appointed Phindile Masangane as head of strategy and business development to advance the high-potential Block 11B/12B in South Africa’s Outeniqua basin. […]
OFFSHORE REVOLUTION: AKRAKE SECURES CRITICAL CONTRACTS FOR BENIN OIL FIELD COMEBACK
Game-changing infrastructure deals set stage for production restart at offshore Sèmè Field later this year In a major breakthrough for West African oil production, Rex International Holding’s subsidiary Akrake Petroleum Benin has secured crucial contracts that will resurrect the dormant Sèmè Field offshore Benin. The landmark deals cover the supply of a mobile offshore production […]
NIGERIA’S GAS GIANT PIVOTS EAST: NLNG FLEXES EXPORT MUSCLE AMID GLOBAL SHIFTS
Nigerian LNG emerges as key supplier to energy-hungry Asia and Europe, sidestepping US tariff battles In a significant development for global energy markets, Nigerian Liquified Natural Gas (NLNG) Limited is intensifying efforts to maintain gas exports abroad despite industry challenges, positioning itself as a crucial revenue generator for Africa’s most populous nation. Industry experts highlight […]
4th Edition of the International African Energy, Oil and Gas Summit (IAEOG) Namibia 2025
Register now and be a part of a transformative experience that promises to shape the future of African Energy landscape. To register for the 4th Edition of the International African Energy, Oil and Gas Summit (IAEOG) Namibia 2025 with the Theme: Getting it Right, scheduled to hold from the 4th -10th of August 2025 in Namibia, you can visit our website https://www.iaeogs.com Registration […]