Kenya Launches First Oil Exploration Licensing Round in Six Years
Kenya Launches First Oil Exploration Licensing Round in Six Years Kenya has announced the opening of bidding for 10 oil exploration blocks this month, marking the country’s first licensing round since implementing new petroleum legislation six years ago. The move represents a renewed push to develop Kenya’s oil and gas industry following a period of […]
Mozambique Strengthens Development Partnership with TotalEnergies
Mozambique Strengthens Development Partnership with TotalEnergies The Northern Integrated Development Agency (ADIN) has signed a memorandum of understanding with TotalEnergies, operator of the Mozambique LNG Project, to enhance cooperation in promoting income generation and job creation in the districts of Palma and Mocímboa da Praia in Cabo Delgado province. The agreement represents a strategic milestone […]
Nigeria, UAE, and Qatar Plan Joint LNG Shipping Network
Nigeria, UAE, and Qatar Plan Joint LNG Shipping Network Nigeria is collaborating with the United Arab Emirates and Qatar to establish a unified shipping network aimed at expanding Africa-Asia Liquefied Natural Gas connectivity. The initiative emerged from bilateral meetings between Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, and his counterparts from the […]
Tower Resources Extends Bridge Loan for Cameroon Drilling Project
Tower Resources Extends Bridge Loan for Cameroon Drilling Project AIM-listed oil and gas company Tower Resources has expanded its bridge loan with Prime Resources by £250,000, increasing the total facility from £750,000 to £1 million with effect from August 29, 2025. The extension provides additional working capital flexibility as the company prepares for drilling operations […]
Nigerian Gas Company Doubles Delivery Capacity
Nigerian Gas Company Doubles Delivery Capacity Tetracore Energy Group Limited has significantly expanded its operations by doubling its daily gas delivery capacity to 6.2 million standard cubic feet per day following the commissioning of a new Compressed Natural Gas facility in Ogbere, Ogun State. The facility is strategically located along the Benin-Sagamu Expressway and represents […]
East Africa Pipeline Project Accelerates Toward Completion
East Africa Pipeline Project Accelerates Toward Completion The East Africa Crude Oil Pipeline project is making significant progress after overcoming several funding delays, with completion now at 64.5% and $3.6 billion of the project’s investment already utilized. The ambitious infrastructure project continues to advance despite ongoing opposition from environmental groups. The EACOP will become the […]
Egyptian Company Wins Major Iraqi Oilfield Maintenance Contract
Egyptian Company Wins Major Iraqi Oilfield Maintenance Contract Egypt-based Alexandria Petroleum Maintenance Company (Petromaint) has secured a $121 million contract to provide maintenance services at Iraq’s Zubair oilfield. The three-year agreement began operations several weeks ago and represents a significant expansion of Egyptian energy services in the Iraqi market. Ahmed Hassan, Petromaint’s assistant general manager […]
TotalEnergies Secures Strategic Congo Offshore Exploration Permit
TotalEnergies Secures Strategic Congo Offshore Exploration Permit TotalEnergies has been awarded the Nzombo exploration permit in the Republic of Congo, partnering with QatarEnergy and the national company SNPC. Under the partnership structure, TotalEnergies operates with a 50% stake, QatarEnergy holds 35%, and SNPC maintains 15% ownership. The 1,000 square kilometer Nzombo permit is strategically located […]
Nigeria’s Dangote Refinery Reaches 70% Capacity, Sources Crude from Ghana
Nigeria’s Dangote Refinery Reaches 70% Capacity, Sources Crude from Ghana Nigeria’s $20 billion Dangote Refinery has achieved a major operational milestone, reaching approximately 610,000 barrels per day production in August, representing about 70% of its nameplate capacity. The facility has also diversified its crude supply chain for the first time by sourcing oil from Ghana, […]
Egypt Signs Massive $340 Million Oil and Gas Exploration Package
Egypt Signs Massive $340 Million Oil and Gas Exploration Package The Egyptian Natural Gas Holding Company (EGAS) has secured four major hydrocarbon exploration agreements worth over $340 million in a significant boost to the country’s energy sector. The deals represent one of Egypt’s largest exploration investment packages in recent years and signal renewed international confidence […]