Afentra Secures Strategic Angola Block in Kwanza Basin Push
Afentra Secures Strategic Angola Block in Kwanza Basin Push Afentra plc has initialed a risk service contract for Block KON4 in Angola’s onshore Kwanza basin, marking another significant step in the company’s strategy to build a material position in this underexplored region. Under the proposed terms, Afentra will operate the block with a 35% equity […]
Sierra Leone Positions for West African Oil Breakthrough
Sierra Leone Positions for West African Oil Breakthrough Sierra Leone is banking on results from its first offshore 3D seismic survey in over a decade to potentially launch its next oil and gas licensing round later this year, as the West African nation seeks to establish itself as an emerging exploration frontier. Consultancy GeoPartners began […]
Ghana’s Parliament Faces Tullow Oil Extension Dilemma
Ghana’s Parliament Faces Tullow Oil Extension Dilemma The Institute of Economic Affairs has raised serious concerns over government plans to extend Tullow Oil’s production licence to 2040, warning that the proposed memorandum of understanding could lock Ghana into outdated terms that no longer serve national interests. Tullow announced in early June that it had signed […]
AGL Spearheads Congo’s $400 Million Port Expansion Drive
AGL Spearheads Congo’s $400 Million Port Expansion Drive Africa Global Logistics (AGL) has secured a €230 million financing package to develop Congo’s ambitious Pointe Noire port expansion project, positioning the freight forwarding giant at the center of the Republic of Congo’s infrastructure optimization strategy. The project centers on a new 750-meter quay scheduled for completion […]
Zambia Makes Historic Energy Independence Play with Angola Refinery Stakes
Zambia Makes Historic Energy Independence Play with Angola Refinery Stakes Zambia has executed a groundbreaking energy strategy, securing a 26% equity stake in Angola’s Benguela (Lobito) oil refinery in an unprecedented shift from fuel importer to energy co-owner that could reshape African resource cooperation. The deal represents a fundamental transformation for the landlocked Southern African […]
UK Government Deals Crushing Blow to €29.5 Billion Morocco-UK Power Link
UK Government Deals Crushing Blow to €29.5 Billion Morocco-UK Power Link The UK Government has delivered a devastating rejection to the ambitious £25 billion Xlinks Morocco-UK power project, walking away from what could have been a game-changing renewable energy partnership spanning 4,000 kilometers of subsea cables. The Department for Energy Security and Net Zero announced […]
FLNG Gimi Hits Commercial Operations Milestone for GTA Project
FLNG Gimi Hits Commercial Operations Milestone for GTA Project The FLNG Gimi by Golar LNG Limited has officially achieved commercial operations date (COD) for its 20-year lease and operate agreement with bp for the Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal, marking a watershed moment for West African LNG production. This milestone represents […]
TotalEnergies Resurrects $20 Billion Mozambique Giant After 4-Year Hiatus
TotalEnergies Resurrects $20 Billion Mozambique Giant After 4-Year Hiatus French energy powerhouse TotalEnergies has officially announced the resurrection of its massive $20 billion Mozambique LNG project, setting an ambitious 2029 production target after a four-year suspension that left the industry wondering if the mega-project would ever see the light of day. The project’s revival comes […]
Murphy Oil Strikes Bold Move with Billion-Barrel Ivory Coast Gamble
Murphy Oil Strikes Bold Move with Billion-Barrel Ivory Coast Gamble In a high-stakes move that could redefine West Africa’s oil landscape, Murphy Oil Corporation has commenced drilling its first-ever exploration well offshore Ivory Coast, targeting what industry insiders describe as a potential billion-barrel bonanza. The U.S. independent energy giant is betting big on deepwater acreage […]