ExxonMobil Prepares Major Upstream Investments Across African Operations
ExxonMobil Prepares Major Upstream Investments Across African Operations ExxonMobil is positioning for significant new upstream investments across its African portfolio, with Nigeria, Angola, and Mozambique representing key focus areas for the energy giant’s expanded continental strategy. The company is preparing additional capital commitments to deepwater developments as part of national efforts to boost crude oil […]
Aquaterra Energy Extends Egyptian Offshore Contract for Two Years
Aquaterra Energy Extends Egyptian Offshore Contract for Two Years British offshore engineering specialist Aquaterra Energy has secured a two-year extension to its offshore analysis services contract with a major Egyptian operator, continuing a successful partnership that began in 2023. The expanded scope will support ongoing subsea well campaigns drilled from semi-submersible rigs, ensuring optimized performance […]
Guinea-Bissau Witnesses Offshore Revival as Apus Energy Spuds Historic Well
Guinea-Bissau Witnesses Offshore Revival as Apus Energy Spuds Historic Well West Africa’s offshore exploration frontier has gained renewed momentum as Apus Energy successfully spudded the Atum-1X exploration well offshore Guinea-Bissau in September 2024. The well represents the first offshore drilling activity in the country in nearly two decades, marking a significant milestone for the region’s […]
Libya’s National Oil Corporation Completes First Phase of Technical Training Initiative
Libya’s National Oil Corporation Completes First Phase of Technical Training Initiative Libya’s National Oil Corporation has successfully concluded the inaugural phase of its comprehensive capacity-building training program, focusing on critical technical aspects of the oil sector. The program, conducted in both Tripoli and Benghazi, covered reservoir engineering, geosciences, data management, and seismic data analysis. Eighteen […]
Shell Downgrades Namibia in Global Exploration Strategy Reset
Shell Downgrades Namibia in Global Exploration Strategy Reset Shell has signaled a strategic shift away from Namibian exploration activities as the energy giant adopts a more cautious and selective global approach to new investments. Chief Executive Wael Sawan confirmed that while Shell continues monitoring developments in Namibia’s oil sector, the country no longer ranks among […]
Jordan Secures Critical Gas Supply as Energos Force FSRU Arrives in Aqaba
Jordan Secures Critical Gas Supply as Energos Force FSRU Arrives in Aqaba Jordan has successfully received the Energos Force floating storage and regasification unit at Aqaba port, marking a crucial step toward securing the kingdom’s natural gas supply. The FSRU commenced operations this week, facilitating the gasification of liquefied natural gas shipments ahead of its […]
Europa Oil & Gas Advances Major Farm-Out Deal for Equatorial Guinea Project
Europa Oil & Gas Advances Major Farm-Out Deal for Equatorial Guinea Project Europa Oil & Gas has made significant progress in securing a strategic partner for its EG-08 production sharing contract in Equatorial Guinea. The company’s associated entity, Antler Global Limited, has entered detailed commercial discussions and signed non-binding Heads of Terms with a major […]
Egypt and United Energy Group Forge Strategic Partnership to Expand Regional Energy Footprint
Egypt and United Energy Group Forge Strategic Partnership to Expand Regional Energy Footprint Egypt has strengthened its position in the regional energy market through a comprehensive memorandum of understanding with Hong Kong-based United Energy Group. Minister of Petroleum and Mineral Resources Eng. Karim Badawi signed the strategic framework agreement during an official visit to the […]
Libya Surges to Second Place in African Oil Export Rankings Despite Production Dip
Libya Surges to Second Place in African Oil Export Rankings Despite Production Dip Libya has secured its position as Africa’s second-largest oil exporter with production reaching 1.280 million barrels per day in June 2025, despite experiencing a decrease of 24,000 barrels from the previous month. The North African nation trails only Nigeria, which leads with […]
Massive $25 Billion Nigeria-Morocco Gas Pipeline Races Toward Construction
Massive $25 Billion Nigeria-Morocco Gas Pipeline Races Toward Construction The continental energy game is about to change forever as the $25 billion Nigeria-Morocco Atlantic Gas Pipeline project hits critical construction milestones following decisive meetings in Rabat. The 6,000-kilometer mega-infrastructure project is now positioned for immediate implementation after West African leaders approved the Intergovernmental Agreement during […]