FROM AFRICA OIL TO MEREN: ENERGY GIANT UNVEILS NEW IDENTITY AFTER TRANSFORMATIONAL ACQUISITION
Company Doubles Reserves and Production While Advancing Major Offshore Projects Africa Oil Corp has officially rebranded as Meren Energy Inc., marking a strategic transformation following the company’s game-changing Prime consolidation that doubled both reserves and production across its portfolio of premium offshore assets. The name Meren, derived from an old nautical term for mooring a […]
RENEWABLE REVOLUTION: DISCOVERY GREEN AND SASOL LAUNCH GAME-CHANGING ENERGY SOLUTION
Ampli Energy Offers No-Risk Path to Clean Power for South African Businesses Discovery Green and petrochemicals giant Sasol launched a revolutionary new company on Thursday—Ampli Energy—designed to democratize renewable energy access for small, medium and micro enterprises (SMMEs) across South Africa. The groundbreaking venture promises to make clean energy both accessible and profitable for businesses […]
KREMLIN EYES EGYPTIAN LNG PRIZE AS RUSSIA-EGYPT ENERGY TALKS INTENSIFY
Moscow and Cairo Discuss Construction of Strategic Gas Export Terminals Russia and Egypt are advancing discussions to construct liquefied natural gas (LNG) terminals in Egypt, according to Russian Industry and Trade Minister Anton Alikhanov. The announcement signals a potential deepening of energy cooperation between Moscow and Cairo at a time of shifting global energy alliances. […]
NIGERIA UNLEASHES MASSIVE RIG EXPANSION IN BOLD OIL REVIVAL STRATEGY
Government Targets 38.9% Surge in Active Drilling as Shell Reports Record Tax Payments In a seismic shift for Africa’s energy landscape, Nigeria’s Upstream Petroleum Regulatory Commission (NUPRC) has unveiled an audacious plan to increase the country’s active oil rigs from 36 to 50 by the end of 2025—a dramatic 38.9% surge that signals renewed investor […]
DRILLING SURGE: UAE GIANT DOUBLES DOWN ON WEST AFRICAN OIL GAMBIT
Shelf Drilling Deploys Critical New Assets as Nigeria Becomes Regional Powerhouse In a dramatic expansion of its West African operations, UAE-based drilling contractor Shelf Drilling has mobilized two additional rigs to the region, according to the company’s bombshell 2025 Fleet Status Report released this week. The rigs—High Island 11 and Shelf Drilling Victory—arrived in April […]
LIBYA ROARS BACK: 40+ ENERGY GIANTS SCRAMBLE FOR SLICE OF MEDITERRANEAN GOLD
Massive Licensing Round Signals Nation’s Dramatic Return to Global Energy Stage In a stunning development signaling Libya’s triumphant return to the global energy arena, over 40 international companies have already submitted applications for the nation’s latest upstream licensing round. This remarkable surge of interest highlights the world’s growing appetite for Libya’s largely untapped hydrocarbon reserves. […]
Mrs. Josephine Olunaike Applauds IHS Towers for Unwavering Support of Beulah Sickle Cell Foundation
Abuja, Nigeria – In a heartfelt tribute, Mrs. Josephine Olunaike, founder of the Beulah Sickle Cell Foundation, has extended her profound gratitude to IHS Towers for their steadfast partnership and exceptional support over the past six years. Reflecting on the journey of the foundation, Mrs. Josephine Olunaike remarked that what began as a vision has evolved […]
OANDO COMPLETES CRUCIAL PIPELINE REPAIRS FOLLOWING MULTIPLE OIL SPILLS IN BAYELSA STATE
Oando Plc, the indigenous energy firm that acquired Nigeria Agip Oil Company, has successfully completed repair works on ruptured pipelines following four operational oil spills recorded since October 2024. The repairs addressed incidents along the NNPC Exploration and Production Ltd/Oando pipeline in Bayelsa State, including a May 3 spill around Oando’s Ogboinbiri flow station in […]
LIBYA’S OIL LOGISTICS PARALYZED AS CEASEFIRE COLLAPSES AND TRIPOLI VIOLENCE INTENSIFIES
Libya’s oil sector is facing renewed disruptions after intense fighting resumed in Tripoli just hours after officials declared a ceasefire. The Sirte Oil Company, a key state-run energy operator, has suspended all land-based fuel and material transport operations due to escalating security concerns in western Libya. The capital erupted in violence following the assassination of […]
NIGERIA TURNS TO MINI-LNG AND FLOATING SOLUTIONS TO REVIVE GAS EXPORT AMBITIONS
Nigeria is increasingly embracing floating LNG (FLNG) and mini-LNG projects as strategic alternatives to overcome infrastructure challenges and fully capitalize on its vast gas resources, according to analysts at Rystad Energy. Despite holding significant gas reserves, Nigeria has experienced a drastic decline in LNG production efficiency, dropping from 90 percent in 2018 to just 60 […]