Nigerian Local Companies Drive New Growth Phase in Oil Sector
Nigerian Local Companies Drive New Growth Phase in Oil Sector Nigeria’s oil and gas landscape is experiencing a significant transformation as local companies expand their roles, driving a new phase of potential sectoral growth and innovation that could reshape the country’s energy future. Companies that acquired onshore and shallow water assets from divesting oil majors […]
Mauritania Advances Energy Security with Landmark Gas-to-Power Agreements
Mauritania Advances Energy Security with Landmark Gas-to-Power Agreements Mauritania has taken a significant step toward enhancing its energy security by signing Heads of Terms for two Power Purchase Agreements with the TAQA Arabia-GoGas Consortium, marking the next phase of the ambitious Banda gas-to-power project. The agreements involve Mauritania’s national mining company Société Nationale Industrielle et […]
Revolutionary Drilling Technology Cuts Connection Times by 50% in Côte d’Ivoire
Revolutionary Drilling Technology Cuts Connection Times by 50% in Côte d’Ivoire Expro has successfully completed the first deepwater deployment of its innovative Autonomous iTONG system during a well construction program at the Eni-operated Baleine Field offshore Côte d’Ivoire, delivering remarkable efficiency gains and cost savings. The cutting-edge system, which first operated in Norwegian waters in […]
Egyptian-Jordanian Partnership Delivers $21.8M LPG Storage Solution in Aqaba
Egyptian-Jordanian Partnership Delivers $21.8M LPG Storage Solution in Aqaba Egypt’s Petrojet has joined forces with Jordan National Shipping Lines Company to secure a substantial $21.8 million contract for constructing liquefied petroleum gas storage facilities in Jordan’s strategic southern port of Aqaba. The comprehensive deal, awarded by the Jordan Liquefied Gas Manufacturing and Filling Company, encompasses […]
ADES Expands West African Footprint with $34.4M Cameroon Drilling Contract
ADES Expands West African Footprint with $34.4M Cameroon Drilling Contract ADES Holding Company has secured a significant new drilling assignment in Cameroon, marking its entry into a 13th country of operations and continuing its strategic expansion across West Africa’s promising oil and gas market. The Saudi Arabia-headquartered company has signed a one-year firm contract with […]
East African Crude Oil Pipeline Reaches Major 60% Completion Milestone, Creating 6,000 Jobs
East African Crude Oil Pipeline Reaches Major 60% Completion Milestone, Creating 6,000 Jobs The ambitious 1,443-kilometer East African Crude Oil Pipeline (EACOP) has achieved a significant milestone, reaching 60% completion while generating 6,000 employment opportunities across the region, officials announced following a high-level inspection in Tanzania’s Tanga Region. This mega-project, designed to transport oil from […]
International Oil Giants Launch Massive $10 Billion Return to Nigeria After Decade-Long Exodus
International Oil Giants Launch Massive $10 Billion Return to Nigeria After Decade-Long Exodus In a stunning reversal that’s sending shockwaves through the global energy sector, International Oil Companies (IOCs) are staging a dramatic comeback to Nigeria’s oil and gas industry with investments exceeding $10 billion, marking the end of a decade-long absence from the volatile […]
Shell Makes History with First Crude Loading from Nigeria’s Game-Changing $400M Otakikpo Terminal
Shell Makes History with First Crude Loading from Nigeria’s Game-Changing $400M Otakikpo Terminal In a groundbreaking development that could reshape Nigeria’s oil export landscape, Shell has successfully loaded the first crude cargo from the newly commissioned Otakikpo terminal, marking the dawn of a new era for the country’s onshore oil operations. The $400 million facility, […]
Etu Energias Sets Sights on 80,000 BPD Production Target by 2030
Etu Energias Sets Sights on 80,000 BPD Production Target by 2030 Angola’s leading private oil producer, Etu Energias, is accelerating ambitious expansion plans to achieve 80,000 barrels per day production by 2030, supporting Angola’s goal of maintaining oil output above one million barrels per day well beyond 2027. Driving this ambitious target is an aggressive […]
Africa’s Oil and Gas Sector Poised for Investment Surge
Africa’s Oil and Gas Sector Poised for Investment Surge Industry analysts across Africa predict robust investment flows into the continent’s oil and gas sector as independent and national oil companies rapidly expand their portfolios, breathing new life into mature fields while global energy majors reduce their funding focus to high-return projects. During a Welligence Energy […]