Libya and Turkey Forge Offshore Energy Partnership Amid Regional Tensions
Libya and Turkey Forge Offshore Energy Partnership Amid Regional Tensions Libya’s National Oil Corporation has signed a significant Memorandum of Understanding with the Turkish Petroleum Corporation, paving the way for extensive offshore oil and gas exploration in Libyan waters. The agreement was formalized in Istanbul by NOC Chairman Masoud Suleiman and TPAO Director Ahmet Türkoğlu. […]
Côte d’Ivoire Announces Ambitious Plan to Triple Oil Output by 2030
Côte d’Ivoire Announces Ambitious Plan to Triple Oil Output by 2030 Côte d’Ivoire has unveiled an ambitious master plan to triple crude oil production and double natural gas output by 2030, positioning the country among Africa’s top five oil producers under a comprehensive strategy extending to 2050. Minister of Petroleum, Mines, and Energy Mamadou Sangafowa-Coulibaly […]
Somalia Confirms Oil Production Timeline as Petroleum Survey Results Set for July Release
Somalia Confirms Oil Production Timeline as Petroleum Survey Results Set for July Release The Somali Petroleum Authority has officially confirmed that comprehensive petroleum survey results will be publicly released in July 2025, marking a crucial step toward Somalia’s entry into global oil production between late 2025 and early 2026. Speaking to state media, SPA Chairman […]
Ethiopia Set to Begin First-Ever Oil Exports in September
Ethiopia Set to Begin First-Ever Oil Exports in September In a historic milestone, Ethiopia is preparing to export crude oil to international markets for the first time in its history, with Prime Minister Abiy Ahmed announcing that exports will commence in September 2025. The landmark development comes six years after Ethiopia began its first oil […]
Angola’s Oil Output Falls Short Despite Strong LNG Performance
Angola’s Oil Output Falls Short Despite Strong LNG Performance Angola’s oil production in May averaged approximately 1.01 million barrels per day, falling 150,000 barrels short of the country’s official target, according to the National Agency for Oil, Gas and Biofuels. The country produced 31.48 million barrels of crude oil during the month, with associated natural […]
Angola Revolutionizes Oil Licensing with Permanent Offer System
Angola Revolutionizes Oil Licensing with Permanent Offer System Angola has launched a groundbreaking overhaul of its upstream oil licensing framework, introducing a “permanent offer” model that allows oil blocks to be made available on a rolling basis rather than through traditional rigid licensing rounds. The National Agency for Petroleum, Gas and Biofuels (ANPG) designed this […]
Egypt Launches Ambitious Gas Exploration Drive with 12 New Blocks
Egypt Launches Ambitious Gas Exploration Drive with 12 New Blocks Egypt has unveiled a strategic gas exploration initiative offering 12 blocks to international energy companies as part of a broader effort to boost domestic production and attract foreign investment. The Ministry of Petroleum and Mineral Resources announced the new opportunities through its international bidding platform, […]
Russia’s Lukoil Expands Egyptian Footprint with Major Desert Exploration Deal
Russia’s Lukoil Expands Egyptian Footprint with Major Desert Exploration Deal Minister of Petroleum and Mineral Resources Karim Badawi has overseen the signing of a significant exploration and production concession agreement between Ganoub El Wadi Petroleum Holding Company (Ganope) and Russia’s Lukoil Overseas Egypt Limited for the South Wadi Al-Sahl area in the Eastern Desert. The […]
Mauritania Implements Strict Gas Flaring Ban as Production Ramps Up
Mauritania Implements Strict Gas Flaring Ban as Production Ramps Up Mauritania has enacted comprehensive regulations prohibiting gas flaring and venting, marking a significant environmental milestone as the country establishes itself as a gas-producing nation. The new decree, adopted following a Council of Ministers meeting in June, allows exceptions only for emergency situations or operations specifically […]
Libya Courts British Investment as Oil Production Targets Soar to Record Highs
Libya Courts British Investment as Oil Production Targets Soar to Record Highs Libya’s Acting Minister of Oil and Gas, Khalifa Abdel Sadig, has strengthened ties with the United Kingdom through strategic discussions with the British Ambassador focused on expanding bilateral cooperation in the energy sector. The Tripoli-based minister outlined ambitious plans to achieve unprecedented oil […]