Cameroon Selects Chinese-Ghanaian Consortium for $312 Million Gas Power Plant
Cameroon Selects Chinese-Ghanaian Consortium for $312 Million Gas Power Plant Cameroon has selected Sunon Asogli Power (Ghana) Ltd and China Energy Engineering Corporation Ltd to build the Limbe combined-cycle gas-fired power plant and associated infrastructure in the country’s southwest. The announcement on August 20 ends a decade-long search for a partner after earlier attempts with […]
Nigeria Prepares to Award Massive 220-Block Oil Licensing Round to Boost Production
Nigeria Prepares to Award Massive 220-Block Oil Licensing Round to Boost Production The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is preparing to award over 220 oil blocks in an upcoming licensing round, marking one of the largest block offerings in the country’s history. The comprehensive package includes 59 unlicensed offshore deepwater blocks alongside significant onshore […]
Libya Accelerates $8 Billion Offshore Gas Development with 2027 Production Target
Libya Accelerates $8 Billion Offshore Gas Development with 2027 Production Target Libya is advancing rapidly with its ambitious $8 billion Structures A&E offshore gas development, with recent contract awards and confirmed production timelines signaling a major breakthrough for the country’s energy sector. The project, led by Mellitah Oil & Gas—a joint venture between Eni and […]
Angola’s Oil Production Plummets Below 1 Million Barrels for First Time Since Leaving OPEC
Angola’s Oil Production Plummets Below 1 Million Barrels for First Time Since Leaving OPEC Angola’s crude oil production has dropped to a critical low of 998,757 barrels per day in July, marking the first time output has fallen below the million-barrel threshold since the country’s dramatic exit from OPEC in 2023. This represents the lowest […]
Namibia Postpones Critical Port Upgrade Amid Oil Boom Preparations
Namibia Postpones Critical Port Upgrade Amid Oil Boom Preparations Namibia’s port authority has postponed plans to upgrade the southern harbor in Lüderitz, a key infrastructure project vital for supporting the country’s fast-emerging oil and gas industry. The Namibian Ports Authority (Namport) had invited proposals for a concession to establish an oil and gas supply base […]
Egypt’s MIDOR Refinery Boosts Capacity to 160,000 Barrels Per Day
Egypt’s MIDOR Refinery Boosts Capacity to 160,000 Barrels Per Day Middle East Oil Refinery (MIDOR) has successfully raised its operating capacity to 160,000 barrels per day, driven by new expansion plans aimed at boosting local production and reducing reliance on imports. The milestone was announced during a visit by Karim Badawi, Minister of Petroleum and […]
Africa Faces $170 Billion Infrastructure Gap as Major Pipeline Projects Advance
Africa Faces $170 Billion Infrastructure Gap as Major Pipeline Projects Advance Africa’s infrastructure deficit remains a significant barrier to development, with annual investment needs estimated between $130 billion and $170 billion. This gap underscores the urgent need for innovative financing to support critical energy infrastructure projects that can drive regional integration and economic growth. The […]
Nigerian Oil Company Lekoil Commits to Sustained Investment in Domestic Energy Projects
Nigerian Oil Company Lekoil Commits to Sustained Investment in Domestic Energy Projects Lekoil Nigeria Limited has reaffirmed its commitment to sustaining investment in critical oil and gas fields across Nigeria. The indigenous exploration and production company recently celebrated the operational achievement of first crude oil export from the Otakikpo Onshore Terminal through its joint venture, […]
NESR Wins $100 Million Production Services Contracts in North Africa
NESR Wins $100 Million Production Services Contracts in North Africa Oilfield service provider National Energy Services Reunited Corp. (NESR) has been awarded multiple production services contracts in Algeria and Libya with a combined value exceeding $100 million. The contracts, running for three to five years, cover key service agreements including coiled tubing, nitrogen and pumping […]
Seychelles Secures Historic Financing for First Utility-Scale Floating Solar Project
Seychelles Secures Historic Financing for First Utility-Scale Floating Solar Project French renewable energy company Qair has secured a $5.7 million senior debt facility from the Facility for Energy Inclusion (FEI) to finance the development, construction, and operation of a 5.8 MWp floating solar plant in Providence Lagoon on Mahe Island, Seychelles. The project, known as […]