PetroNor Reports Improved Production Yield in Congo Operations
PetroNor Reports Improved Production Yield in Congo Operations PetroNor E&P ASA has achieved notable improvements in operational efficiency at its Congo operations, despite a modest decline in overall production volumes during the second quarter of 2025. The company generated an average of 4,240 barrels of oil per day net working interest production from its operations […]
Egypt Prepares New Gas Exploration Licensing Round for International Companies
Egypt Prepares New Gas Exploration Licensing Round for International Companies Egypt is advancing its strategy to boost natural gas production and attract foreign investment with plans to launch a new exploration licensing round in August, offering international energy companies access to promising hydrocarbon prospects. The upcoming licensing round will include substantial onshore and offshore exploration […]
Angola’s Block 15 Secures License Extension Until 2037, Reinforcing Production Portfolio
Angola’s Block 15 Secures License Extension Until 2037, Reinforcing Production Portfolio A consortium of major energy companies has successfully secured an extended license for Angola’s prolific Block 15, extending operations until 2037 and signaling continued development of the offshore asset’s remaining resources. ExxonMobil, Azule Energy, Equinor, and Sonangol E&P have signed an amended Production Sharing […]
Uganda’s UNOC Seeks Joint Venture Partner for Major Oil Exploration Block
Uganda’s UNOC Seeks Joint Venture Partner for Major Oil Exploration Block Uganda’s state-owned Uganda National Oil Company (UNOC) has announced its search for a joint venture partner to develop the substantial 1,285-square-kilometer Kasuruban exploration block, marking a significant step in the country’s oil development strategy. Angella Ambaho, Senior Public Relations Officer at UNOC, confirmed on […]
Libya Strengthens OAPEC Ties to Boost Oil and Gas Sector Development
Libya Strengthens OAPEC Ties to Boost Oil and Gas Sector Development The Libyan government is taking steps to maximize its benefits from membership in the Organization of Arab Petroleum Exporting Countries (OAPEC) as part of efforts to develop the country’s oil and gas sector and align with regional energy transformations. Minister of Oil and Gas […]
Dangote Delivers Scathing Assessment: Nigerian Refineries May Never Work Again Despite $18 Billion Investment
Dangote Delivers Scathing Assessment: Nigerian Refineries May Never Work Again Despite $18 Billion Investment President of the Dangote Group, Alhaji Aliko Dangote, has delivered a damning verdict on Nigeria’s state-owned refineries, expressing serious doubts about their viability despite over $18 billion reportedly spent by the federal government on rehabilitation efforts. During a visit by Global […]
Libya’s Oil Production Surges as New Well Delivers Nearly 2,000 Barrels Daily
Libya’s Oil Production Surges as New Well Delivers Nearly 2,000 Barrels Daily Libya’s oil sector has received a significant boost with the successful drilling of a new well in the Zliten field that is now producing a steady 1,985 barrels of high-quality crude oil per day, showcasing the country’s growing technical capabilities and production potential. […]
West Africa Gas Pipeline Gets Major Efficiency Boost After Stakeholder Summit
West Africa Gas Pipeline Gets Major Efficiency Boost After Stakeholder Summit Nigeria’s oil and gas sector stakeholders have reached agreement on improving the efficiency of the West African Gas Pipeline Company Limited (WAPCo) following a high-level meeting in Abuja focused on digital transformation, regulatory reforms, and legislative alignment. The event brought together representatives from federal […]
Malawi Secures $2.15 Million Game-Changer for Tanzania Power Link
Malawi Secures $2.15 Million Game-Changer for Tanzania Power Link Malawi has received a significant financial boost in its battle against persistent electricity blackouts with the approval of a $2.15 million grant for the Tanzania-Malawi Electricity Interconnector Project. The funding, approved by the Multilateral Cooperation Centre for Development Finance (MCDF), will update feasibility and Environmental and […]
American Energy Giant Chevron Eyes Major Entry into Libya’s Oil Market
American Energy Giant Chevron Eyes Major Entry into Libya’s Oil Market Libya’s oil sector is attracting renewed international interest as Acting Minister of Oil and Gas Khalifa Abdul Sadiq held high-level discussions with US energy giant Chevron regarding potential cooperation and investment opportunities in the country’s oil and gas sector. The meeting took place on […]