Libya Courts U.S. Technology Firms for Advanced Water Management Solutions
Libya Courts U.S. Technology Firms for Advanced Water Management Solutions Libya is positioning itself as a prime destination for U.S. companies specializing in water management technologies, as the country seeks to address challenges in its mature oil fields where high water cuts significantly impact production efficiency. The North African nation is signaling strong interest in […]
East African Crude Oil Pipeline Achieves 62% Completion Milestone
East African Crude Oil Pipeline Achieves 62% Completion Milestone The East African Crude Oil Pipeline (EACOP) has reached a significant construction milestone with 62% overall completion, positioning Uganda to achieve first oil production before the end of 2026. Project managers expressed strong confidence in meeting delivery timelines during recent field tours of construction sites. Pump […]
Uganda National Oil Company Seeks International Partner for Western Block Development
Uganda National Oil Company Seeks International Partner for Western Block Development Uganda National Oil Company (UNOC) is actively pursuing a joint venture partnership to explore and develop an oil block in the country’s western region, as the state-owned firm advances its exploration portfolio. The initiative represents a strategic move to leverage international expertise while maintaining […]
Azerbaijan’s Energy Minister Strengthens Regional Partnerships with Egypt in Vienna Talks
Azerbaijan’s Energy Minister Strengthens Regional Partnerships with Egypt in Vienna Talks Azerbaijan’s Energy Minister Parviz Shahbazov engaged in high-level diplomatic discussions with key regional energy leaders, focusing on market stability and cooperation frameworks. The meetings included separate sessions with OPEC Secretary General Haitham Al Ghais, GECF Secretary General Mohamed Hamel, and Egyptian Minister of Petroleum […]
Northern Ocean Secures $40 Million Drilling Contract for Namibian Waters
Northern Ocean Secures $40 Million Drilling Contract for Namibian Waters Offshore drilling contractor Northern Ocean has landed a significant contract with Rhino Resources subsidiary for the DeepSea Mira semi-submersible drilling rig, marking continued investment in Namibian offshore exploration. The deal, worth approximately $40 million, will see operations commence in mid-July 2025. The contract encompasses one […]
Mozambique’s Coral Sul Platform Set to Generate $16 Billion Revenue Over 30 Years
Mozambique’s Coral Sul Platform Set to Generate $16 Billion Revenue Over 30 Years Mozambique’s offshore energy sector received a massive boost with revelations that the Coral Sul floating LNG platform will contribute approximately $16 billion to the state over its 30-year operational lifespan through taxes and fees. The stunning financial projection was unveiled during a […]
Ghana Braces for Nationwide Power Cuts as Eni Suspends Gas Plant Operations
Ghana Braces for Nationwide Power Cuts as Eni Suspends Gas Plant Operations Ghana is preparing for significant power disruptions as Italian energy giant Eni temporarily shuts down operations at a crucial gas plant to implement a major supply increase. The West African nation, which relies heavily on the facility for electricity generation, announced the planned […]
Three Workers Die in Catastrophic Fire on Angola’s Deepwater Oil Platform
Three Workers Die in Catastrophic Fire on Angola’s Deepwater Oil Platform Angola’s oil sector is under intense scrutiny following a deadly fire that claimed three lives and left several workers critically injured on the Benguela Belize Lobito Tomboco platform in May. The deepwater facility, operated by Chevron subsidiary Cabinda Gulf Oil Company (Cabgoc) in Block […]