Economist Urges Namibia to Prioritize Gas Development
Economist Urges Namibia to Prioritize Gas Development Economist Robin Sherbourne has advocated for Namibia to emphasize gas development over oil, arguing it offers superior potential for local employment and economic benefits. Speaking about BW Energy’s Kudu gas project, Sherbourne noted that while oil generates significant government revenue, it creates limited direct jobs compared to gas […]
Global Shale Oil and Gas Production Set for Major Expansion
Global Shale Oil and Gas Production Set for Major Expansion Global shale oil and gas production is poised for significant increases, with the United States maintaining its leadership position holding over 80% market share in 2024. According to GlobalData’s “Emerging Oil and Gas Shale Plays” report, technological advancements and major discoveries in China, Argentina, […]
Shearwater Wins Two-Month Angola Seismic Survey Contract
Shearwater Wins Two-Month Angola Seismic Survey Contract Shearwater Geoservices has been awarded a deepwater Ocean Bottom Node (OBN) seismic survey offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited. The two-month project begins during Q3 2025. The project deploys Shearwater’s proven OBN platform, featuring the SW Tasman and Pearl node system, with SW […]
Seadrill Joint Venture Secures Major Angola Drilling Contracts
Seadrill Joint Venture Secures Major Angola Drilling Contracts Sonadrill Holding, the 50:50 joint venture between Seadrill and Sonangol affiliate, has secured two significant contracts for drillship operations offshore Angola. The West Gemini secured a 284-day contract with Sonangol Exploração & Produção, expected to begin in late 2025 or early 2026. The Sonangol Libongos received a […]
Cameroon Opens Nine-Block Licensing Round for 2025
Cameroon Opens Nine-Block Licensing Round for 2025 Cameroon’s National Hydrocarbons Corporation has launched the country’s 2025 licensing round, offering nine exploration blocks across two major basins. The blocks include Ndian River, Bolongo Exploration and Bakassi in the Rio del Rey Basin, alongside Etinde, Bomono, Nkombe-Nsepe, Tilapia, Ntem and Elombo in the Douala/Kribi-Campo Basin. Data consultation […]
Uganda Finalizes Major Crude Oil Refinery Deal with Dubai Royal Family Investment Firm
Uganda Finalizes Major Crude Oil Refinery Deal with Dubai Royal Family Investment Firm Uganda has secured a transformative partnership with Alpha MBM Investments, led by Sheikh Mohammed bin Maktoum of Dubai’s royal family, to construct a multi-product crude oil refinery in Kabaale, Hoima District, marking a pivotal step toward energy independence. President Yoweri Museveni emphasized […]
Communities Across Africa Launch Coordinated Protests Against TotalEnergies Operations
Communities Across Africa Launch Coordinated Protests Against TotalEnergies Operations A continent-wide wave of protests erupted across more than 10 African countries from August 18-24, as activists and frontline communities demanded French oil giant TotalEnergies cease operations, pay reparations, and pave way for community-centered energy transition. The Africa Week of Action, coordinated under the KickTotalOutOfAfrica umbrella, […]
MSM Conglomerate Strikes Massive $15 Billion Oil Discovery in Nigeria
MSM Conglomerate Strikes Massive $15 Billion Oil Discovery in Nigeria In a stunning announcement that could reshape Nigeria’s energy landscape, MSM Group Chairman Muazzam Mairawani revealed on Sunday the discovery of oil reserves valued at approximately $15 billion from a single asset, alongside plans for a $225 million Initial Public Offering (IPO) in the United […]