Eni Advances Sustainability Initiatives in Côte d’Ivoire
Eni Advances Sustainability Initiatives in Côte d’Ivoire Italian energy company Eni has released its second sustainability report for Côte d’Ivoire, highlighting progress on the Baleine project, Africa’s first net-zero emissions upstream development. The project utilizes advanced technologies and local initiatives to offset emissions while supporting community development. The company successfully launched a 30-year conservation project […]
Angola Pushes for Onshore Investment Amid Production Decline
Angola Pushes for Onshore Investment Amid Production Decline Angolan President João Lourenço has urged energy companies to increase investment in onshore oil fields as the country battles sustained crude production decline. Angola’s output dropped below one million barrels per day in July, threatening state revenues that fund over 90% of exports. The government is finalizing […]
ReconAfrica Advances Namibian Exploration Campaign
ReconAfrica Advances Namibian Exploration Campaign Reconnaissance Energy Africa Ltd has provided updates on its Kavango West 1X exploration well in Namibia, with drilling operations proceeding on schedule since spudding in July. The well is currently drilling the 8.5-inch section at approximately 1,910 meters depth. Company President and CEO Brian Reinsborough confirmed that operations are progressing […]
MODEC and Africa Finance Corp Forge Strategic Partnership
MODEC and Africa Finance Corp Forge Strategic Partnership Japanese floating production specialist MODEC has entered a cooperation agreement with Africa Finance Corp (AFC) to collaborate on FPSO and maritime infrastructure projects across Africa. The partnership combines MODEC’s extensive experience as a floating platforms supplier and operator with AFC’s sophisticated financing capabilities. MODEC has previously delivered […]
ExxonMobil Taps Bourbon for Enhanced Angola Operations
ExxonMobil Taps Bourbon for Enhanced Angola Operations French maritime services provider Bourbon has secured a significant five-year contract with ExxonMobil to provide advanced crew transfer vessels for operations offshore Angola. The agreement involves newly-designed 34-meter vessels that will transport personnel between Soyo city and Block 15, located 80 miles offshore. The new vessels, scheduled for […]
NNPC EXECUTES GROUNDBREAKING DEEPWATER CONTRACT WITH TOTALENERGIES
NNPC EXECUTES GROUNDBREAKING DEEPWATER CONTRACT WITH TOTALENERGIES The Nigerian National Petroleum Company (NNPC) Ltd has executed a historic Production Sharing Contract with the TotalEnergies-Sapetro Consortium for deepwater blocks PPLs 2000 and 2001, marking the first comprehensive agreement to cover both crude oil and natural gas exploration in Nigerian waters. This landmark deal represents the first […]
AZULE ENERGY COMMITS MASSIVE $5 BILLION INVESTMENT TO ANGOLA
AZULE ENERGY COMMITS MASSIVE $5 BILLION INVESTMENT TO ANGOLA Azule Energy, the powerhouse joint venture between Italian energy giant Eni and British petroleum major BP, has announced a staggering $5 billion investment commitment to Angola over the next four to five years. This massive financial injection matches the total investments the company has made since […]
SHELL MAKES DRAMATIC RETURN TO ANGOLA AFTER 20-YEAR ABSENCE
SHELL MAKES DRAMATIC RETURN TO ANGOLA AFTER 20-YEAR ABSENCE Major oil giant Shell has officially returned to Angola’s oil sector after two decades, signing landmark deals that signal a dramatic shift in investor confidence toward the West African nation’s energy industry. Shell, alongside Chevron and Sonangol EP, has inked agreements with the National Agency of […]