Libya’s NOC Reviews Promising Zawiya Refinery Development Study
Libya’s NOC Reviews Promising Zawiya Refinery Development Study The National Oil Corporation’s Board of Directors reviewed encouraging results from an economic feasibility study for developing the Zawiya refinery, prepared by American company Honeywell UOP. The study confirmed significant potential for refinery development and operational system modernization, enabling coverage of a substantial portion of local gasoline […]
Bp-Eni Joint Venture Races to Fast-Track Namibian Oil Production
Bp-Eni Joint Venture Races to Fast-Track Namibian Oil Production Azule Energy, the joint venture between bp and Eni, is accelerating Namibian oil operations following its successful oil discovery at the Capricornus well in April 2025. The company negotiated a stake in block 2914A from operator Rhino Resources and aims for a final investment decision by […]
Meren Energy Advances Multi-Basin Offshore Development Strategy
Meren Energy Advances Multi-Basin Offshore Development Strategy Meren Energy, formerly Africa Oil, is progressing multiple offshore oil projects across Namibia, South Africa, and Nigeria. The company’s strategic focus includes developing the Venus oil field in Namibia’s Orange Basin, where current plans call for up to 40 subsea wells tied back to an FPSO with 160,000 […]
WAGL Energy Fleet Expansion Reinforces Africa’s LPG Supply Chain
WAGL Energy Fleet Expansion Reinforces Africa’s LPG Supply Chain WAGL Energy Limited, the strategic joint venture between Nigerian National Petroleum Company Limited and Sahara Group, has expanded its shipping capacity beyond 160,000 cubic meters, strengthening its position as a key LPG supplier across Africa. The expansion aligns with long-term goals of promoting accessible, affordable, and […]
Libya’s Zallaf Oil Company Unveils Major Gas Development Plans for 2025-2026
Libya’s Zallaf Oil Company Unveils Major Gas Development Plans for 2025-2026 Zallaf Oil Company has presented comprehensive operational reviews and budget proposals, highlighting plans to develop the Atshan field with projected production of 140 million cubic feet of gas per day. The development aims to boost domestic supply while supporting national economic growth. The company […]
Egypt’s EGPC Achieves EGP 5.2 Billion Savings Through Comprehensive Energy Transition Program
Egypt’s EGPC Achieves EGP 5.2 Billion Savings Through Comprehensive Energy Transition Program The Egyptian General Petroleum Corporation (EGPC) has successfully launched 38 energy transition projects during fiscal year 2024/25, with 18 now fully operational and 20 in advanced execution stages. The ambitious program has generated approximately EGP 5.2 billion in annual financial savings while significantly […]
Africa Energy Strengthens Hold on South African Gas Block with 75% Stake Increase
Africa Energy Strengthens Hold on South African Gas Block with 75% Stake Increase Africa Energy Corp. has announced a major restructuring of its investment in South Africa’s promising Block 11B/12B, increasing its stake to 75% through subsidiary Main Street 1549 (Proprietary) Limited. The Canadian oil and gas exploration company reached definitive agreements with Arostyle Investments, […]
Norwegian Lime Petroleum Spuds First Development Well in Benin’s Offshore Block 1
Norwegian Lime Petroleum Spuds First Development Well in Benin’s Offshore Block 1 Norwegian holding company Lime Petroleum has commenced drilling operations at the Sèmè oil field offshore Benin, marking a significant milestone in the country’s offshore energy development. The wholly-owned subsidiary Akrake Petroleum Benin began operations on August 4, 2025, using Borr Drilling’s advanced Gerd […]
Nigeria Launches Massive 40,000 CBM LPG Vessel to Transform Clean Energy Access Across Africa
Nigeria Launches Massive 40,000 CBM LPG Vessel to Transform Clean Energy Access Across Africa President Bola Tinubu declared Nigeria ready to deliver clean and sustainable energy solutions across Africa and beyond during the commissioning of a groundbreaking 40,000 cubic meter Liquefied Petroleum Gas vessel in Ulsan, South Korea. The vessel, christened MT Iyaloja (Lagos), represents […]
Libya’s Oil Production Surges Past 1.38 Million Barrels as Output Stabilizes
Libya’s Oil Production Surges Past 1.38 Million Barrels as Output Stabilizes Libya’s National Oil Corporation (NOC) announced a significant milestone as crude oil production reached over 1.38 million barrels per day in the past 24 hours, marking a strong recovery for the North African nation’s energy sector. The production figures also include approximately 50,000 barrels […]