Grand Gulf Energy Secures Strategic Positions in Namibia and Utah
Grand Gulf Energy Secures Strategic Positions in Namibia and Utah Grand Gulf Energy Limited has positioned itself for significant growth by securing an exclusive option to acquire a 70% working interest in Block 2312 offshore Namibia, a region experiencing unprecedented exploration success with recent multi-billion-barrel discoveries by major oil companies. The strategic move places the […]
Namibia’s Offshore Dreams Take Shape as Galp Receives Mopane Offers
Namibia’s Offshore Dreams Take Shape as Galp Receives Mopane Offers Portugal’s Galp Energia is advancing negotiations for its massive Mopane oil discovery off Namibia’s coast, signaling that Africa’s most promising new hydrocarbon frontier is moving closer to commercial reality. The company has begun receiving offers from potential buyers and expects to announce a sale later […]
Nigeria Eyes FLNG Revolution as Global Market Set to Triple by 2030
Nigeria Eyes FLNG Revolution as Global Market Set to Triple by 2030 Nigeria is positioning itself at the forefront of the floating liquefied natural gas revolution, with UTM Offshore’s ambitious FLNG project moving toward implementation as global FLNG capacity prepares to triple by 2030. The project completed its front-end engineering design in October 2023 and […]
Former Energy Minister Launches Advisory Firm as Namibia Prepares for Oil Boom
Former Energy Minister Launches Advisory Firm as Namibia Prepares for Oil Boom Namibia’s former Minister of Mines and Energy Tom Alweendo has launched Alvenco Advisory, a strategic consulting firm perfectly positioned to capitalize on the country’s emerging status as Africa’s next major hydrocarbon producer. The firm arrives at a crucial time as global oil giants […]
Pancontinental Strikes Gold with 2.5 Billion Barrel Oil Potential Off Namibia
Pancontinental Strikes Gold with 2.5 Billion Barrel Oil Potential Off Namibia Pancontinental Energy has delivered remarkable news for investors with revised estimates showing its PEL 87 project in Namibia’s Orange Basin could contain over 2.5 billion barrels of recoverable oil. Chief Executive Officer Iain Smith announced that the company’s technical team has identified a single […]
South African Gas Explorer Kinetiko Launches Production Test Well Campaign
South African Gas Explorer Kinetiko Launches Production Test Well Campaign Australian upstream company Kinetiko Energy has commenced drilling of production test well 271-KA03PT10 at its promising onshore gas project in South Africa, launching a three-week campaign designed to boost output for a planned LNG pilot project. The strategic well, positioned adjacent to five existing gas-producing […]
NNPC Accelerates Northern Nigeria Oil Drive with Four New Wells in Bauchi
NNPC Accelerates Northern Nigeria Oil Drive with Four New Wells in Bauchi The Nigerian National Petroleum Company Limited has successfully drilled four oil wells in the strategic Kolmani area of Bauchi State, marking significant progress in the company’s mission to expand oil and gas exploration across northern Nigeria. NNPC Director Yusuf Usman revealed the development […]
Libya and Japan Forge Strategic Energy Partnership as Minister Eyes Tokyo Visit
Libya and Japan Forge Strategic Energy Partnership as Minister Eyes Tokyo Visit Libya’s Oil and Gas Minister Khalifa Abdul-Sadig has opened new avenues for cooperation with Japan, meeting with Japanese Ambassador Shimura to explore partnerships with leading Japanese companies in oil and gas pipeline development projects. The high-level discussions in Tripoli focused on opportunities for […]
NNPC Rules Out Port Harcourt Refinery Sale, Commits to Fresh Rehabilitation Despite Past Failures
NNPC Rules Out Port Harcourt Refinery Sale, Commits to Fresh Rehabilitation Despite Past Failures Nigeria’s state-owned oil giant NNPC Limited has definitively shut down speculation about selling the troubled Port Harcourt Refining Company, with Group CEO Bashir Bayo Ojulari announcing at a company-wide town hall meeting that the facility will undergo complete rehabilitation instead. The […]
Angola’s Oil Production Surges Toward 1.23 Million Barrels Daily as Azule Energy Achieves First Oil
Angola’s Oil Production Surges Toward 1.23 Million Barrels Daily as Azule Energy Achieves First Oil Angola is racing toward a production milestone of over 1.2 million barrels per day as the bp/ENI joint venture Azule Energy announced the successful start-up of its Agogo Floating Producing Storage and Offloading facility offshore Angola. The achievement comes less […]