Oregen Energy Strengthens Position in Namibia’s Promising Orange Basin
Oregen Energy Strengthens Position in Namibia’s Promising Orange Basin Canada’s Oregen Energy has expanded its footprint in Namibia’s Orange Basin by increasing its ownership in WestOil Limited to 48.5%, providing the company with a 33.95% indirect working interest in Block 2712A. The 5,484 square kilometer license is strategically positioned in the heart of the Orange […]
Energean Identifies Massive Gas Reserves Beneath Egyptian Platforms
Energean Identifies Massive Gas Reserves Beneath Egyptian Platforms UK-based Energean has revealed that approximately 3 trillion cubic feet of estimated additional gas reserves lie beneath its current Egyptian platforms, according to CEO Mathios Rigas. The discovery represents significant untapped potential for the company’s Egyptian operations. Energean Egypt maintains a comprehensive production, development, and exploration portfolio, […]
Egyptian Energy Companies Deliver Record Performance in Fiscal 2024/25
Egyptian Energy Companies Deliver Record Performance in Fiscal 2024/25 Egypt’s petroleum sector has demonstrated strong performance across multiple operators, with several companies exceeding production targets and expanding operations significantly during fiscal year 2024/25. The Pharaonic Petroleum Company (PhPC) achieved remarkable success, recording an average output of 76,100 barrels of oil equivalent per day, exceeding its […]
Nigerian LNG Intensifies Methane Reduction Campaign with Advanced Technology Implementation
Nigerian LNG Intensifies Methane Reduction Campaign with Advanced Technology Implementation The Nigerian LNG company is strengthening its methane emissions reduction efforts through facility design improvements, asset upgrades, and new technology deployment, according to Managing Director and Chief Executive Officer Philip Mshelbila. Central to the company’s strategy is the installation of a new boil-off gas compressor […]
Zimbabwe Extends Invictus Energy Exploration Rights for Major Gas Discovery Push
Zimbabwe Extends Invictus Energy Exploration Rights for Major Gas Discovery Push Independent oil and gas explorer Invictus Energy has secured a three-year renewal of its exclusive prospecting orders (EPOs) 1848 and 1849 in Zimbabwe’s Cabora Bassa Basin, setting the stage for high-impact exploration activities. The new exploration phase will include drilling the Musuma-1 well, which […]
Portuguese Energy Giant Galp Expands African Portfolio with São Tomé and Príncipe Acquisition
Portuguese Energy Giant Galp Expands African Portfolio with São Tomé and Príncipe Acquisition Galp has strengthened its presence in West African waters by acquiring a 27.5% stake in São Tomé and Príncipe’s Block 4 through a farm-in agreement with KE STP Company BV, a Shell affiliate. This acquisition represents an important expansion for Galp, solidifying […]
Liberian Petroleum Industry Faces Complete Collapse as $300M in Investments Threatened by Government Pricing Policy
Liberian Petroleum Industry Faces Complete Collapse as $300M in Investments Threatened by Government Pricing Policy Liberia’s petroleum sector is in crisis following the release of the September 2025 petroleum pricing circular, which has sparked urgent warnings from private terminal owners about potential industry collapse and the loss of over $300 million in investments. The controversial […]
Egyptian Oil Giant EGPC Unleashes $121M Investment Spree Across Three Major Exploration Deals
Egyptian Oil Giant EGPC Unleashes $121M Investment Spree Across Three Major Exploration Deals The Egyptian General Petroleum Corporation (EGPC) has struck three significant exploration agreements worth over $121 million with international companies, marking a major expansion of oil and gas exploration activities across Egypt’s most promising regions. The deals span the Western Desert, Gulf of […]
Nigeria Secures Massive $500M Gas Infrastructure Deal as Energy Expansion Accelerates
Nigeria Secures Massive $500M Gas Infrastructure Deal as Energy Expansion Accelerates In a major development for West Africa’s energy sector, Nigeria has secured a transformative $500 million financing agreement that promises to revolutionize the country’s gas infrastructure landscape. The African Export-Import Bank (Afreximbank) and Nigeria’s Midstream and Downstream Gas Infrastructure Fund (MDGIF) signed the groundbreaking […]
EBOLA VACCINATION KICKS OFF IN EASTERN KASSAI AS DRC BATTLES FRESH OUTBREAK
EBOLA VACCINATION KICKS OFF IN EASTERN KASSAI AS DRC BATTLES FRESH OUTBREAK WHO deploys Ervebo vaccine to frontline workers and contacts in Bulape, while 45,000 additional doses are approved to halt spread. The World Health Organization has begun an Ebola vaccination campaign in Bulape health zone following the declaration of an outbreak earlier this month […]