Turkey and Angola Strengthen Energy Partnership with $500 Million Trade Target
Turkey and Angola Strengthen Energy Partnership with $500 Million Trade Target Turkish Energy Minister Alparslan Bayraktar has announced expanded cooperation opportunities between Turkey and Angola in oil and natural gas sectors, targeting a significant increase in bilateral trade volume from $126 million to $500 million. The partnership focuses on collaboration between Turkish Petroleum and Angola’s […]
South Africa’s Nersa Approves Sasol Gas Maximum Pricing Structure Through 2026
South Africa’s Nersa Approves Sasol Gas Maximum Pricing Structure Through 2026 The National Energy Regulator of South Africa (Nersa) has approved Sasol Gas’s application for maximum gas pricing from July 1, 2025, through June 30, 2026, following a comprehensive review of the company’s pricing structure. The decision establishes a maximum gas price of R87.04/GJ/y for […]
Longitude Engineering Secures Major Contract for Egypt’s West Delta Deep Marine Phase XI Project
Longitude Engineering Secures Major Contract for Egypt’s West Delta Deep Marine Phase XI Project Petroleum Marine Services (PMC) has contracted Longitude Engineering to perform detailed engineering and project management services for the Phase XI Deepwater Project of the West Delta Deep Marine (WDDM) concession offshore Egypt. The project represents a significant expansion of the WDDM […]
Angola’s Etu Energias Launches Ambitious Drilling Program at Block 2/05 with 80,000 BPD Target
Angola’s Etu Energias Launches Ambitious Drilling Program at Block 2/05 with 80,000 BPD Target Angolan private energy company Etu Energias has initiated drilling operations at Block 2/05 in the shallow waters of Zaire province, marking a significant milestone in the block’s redevelopment strategy. The SMS ESSA jack-up rig arrived at the project site on June […]
Gabon Accelerates Deepwater Oil Push to 220,000 BPD Target as 72% of Offshore Territory Remains Unexplored
Gabon Accelerates Deepwater Oil Push to 220,000 BPD Target as 72% of Offshore Territory Remains Unexplored Gabon is launching an ambitious deepwater exploration campaign to unlock vast untapped offshore resources, with the government revealing that up to 72% of the country’s deepwater acreage remains unexplored. The Ministry of Oil & Gas has designated deepwater exploration […]
Egypt Launches Massive Oil and Gas Expansion with 17 New Wells as Mediterranean Blocks Go to Market
Egypt Launches Massive Oil and Gas Expansion with 17 New Wells as Mediterranean Blocks Go to Market Egypt has completed its evaluation of bids for seven new oil and gas exploration areas, marking a significant acceleration in the country’s energy expansion strategy. The Egyptian Ministry of Petroleum and Mineral Resources is preparing to drill at […]
Massive Oil Comeback, Global Energy Firms Flock to Libya After 18 Years, Pipeline Fixes Signal New Era of Exploration
Massive Oil Comeback, Global Energy Firms Flock to Libya After 18 Years, Pipeline Fixes Signal New Era of Exploration In a stunning turn of events, oil supermajors including ExxonMobil, Chevron, TotalEnergies, and Eni are competing fiercely in Libya’s first oil exploration bid round since 2007, signaling a dramatic shift in the war-torn nation’s energy landscape. […]