New Fortress Energy Strengthens Egypt’s LNG Import Capacity with Second FSRU
New Fortress Energy Strengthens Egypt’s LNG Import Capacity with Second FSRU Egypt’s natural gas import infrastructure is receiving a substantial boost as New Fortress Energy deploys its second floating storage and regasification unit (FSRU) in the country under a five-year agreement with the Egyptian Natural Gas Holding Company (EGAS). The 138,250 cubic meter Energos Winter […]
Egypt Launches Groundbreaking Oil Shale Exploration Initiative
Egypt Launches Groundbreaking Oil Shale Exploration Initiative Egypt is pioneering a new chapter in alternative energy development through its first oil shale exploration and production project, marking a significant step toward energy diversification and mining sector advancement. The New Valley Company for Mineral Resources and Oil Clay (Wadico) has signed a strategic cooperation agreement with […]
Egypt and SLB Chart Strategic Course for Oil and Gas Sector Expansion
Egypt and SLB Chart Strategic Course for Oil and Gas Sector Expansion Egypt’s petroleum sector is gaining momentum through enhanced cooperation with global technology leader SLB, focusing on expanded exploration, development projects, and increased production capacity. Minister of Petroleum and Mineral Resources Karim Badawi met with SLB’s Regional President Jesus Lamas to discuss the sector’s […]
Afentra Delivers Strong Performance with 21,350 BOPD Production in First Half 2025
Afentra Delivers Strong Performance with 21,350 BOPD Production in First Half 2025 Africa-focused upstream company Afentra plc has reported solid operational achievements in the first half of 2025, reaching gross average production of 21,350 barrels of oil per day while advancing its multi-year redevelopment strategy. The company successfully ramped up water injection operations to 35,000 […]
Namibian-Canadian Partnership Extends Orange Basin Exploration Through 2026
Namibian-Canadian Partnership Extends Orange Basin Exploration Through 2026 The National Petroleum Corporation of Namibia (NAMCOR) and Canada’s Sintana Energy have secured a crucial 12-month extension for their petroleum exploration license in Namibia’s promising Orange Basin, extending operations through July 2026. The extension for PEL 79, covering exploration blocks 2815 and 2915, positions the joint venture […]
Ghana’s Energy Security Gets Major Boost as Eni Expands Gas Capacity to 270 MMSCFD
Ghana’s Energy Security Gets Major Boost as Eni Expands Gas Capacity to 270 MMSCFD Ghana’s energy security received a massive boost as Eni Ghana and its partners successfully expanded their offshore gas processing facilities to 270 million standard cubic feet per day (MMSCFD), significantly enhancing the nation’s power generation capabilities. The expansion, completed on July […]
Mozambique Secures Mega-Deal for Southern Africa’s Largest Oil Refinery
Mozambique Secures Mega-Deal for Southern Africa’s Largest Oil Refinery Mozambique has struck a transformative deal with Nigerian energy giant Aiteo to construct a massive 240,000 barrels-per-day oil refinery, set to become the largest refining facility in southern Africa. The groundbreaking agreement, signed in a ceremony chaired by Mozambican President Daniel Chapo, represents a major leap […]
Nigeria Targets Massive Oil Production Surge to 2.4 Million Barrels Daily
Nigeria Targets Massive Oil Production Surge to 2.4 Million Barrels Daily Nigeria is making bold moves to dramatically increase its crude oil production capacity, targeting a massive jump to 2.4 million barrels per day while negotiating with OPEC for a production quota increase to 2 million bpd by 2027. The West African oil giant, currently […]