Libya’s Zallaf Company Launches Second Phase of Strategic Southern Refinery Project

Libya’s Zallaf Company Launches Second Phase of Strategic Southern Refinery Project Zallaf Oil and Gas Exploration, Production, and Refining Company has confirmed the launch of the second phase of the Southern Refinery Project, with its board coordinating closely with the National Oil Corporation on this strategic national initiative. The company emphasized that the project is […]
JGC Secures Major African FLNG Contract Worth $550 Million

JGC Secures Major African FLNG Contract Worth $550 Million JGC France, a subsidiary of Japan’s JGC Holdings Corporation, has won preliminary work on a floating liquefied natural gas project in Africa, with the contract covering engineering, procurement, and construction activities for the FLNG unit. The award, executed as part of a joint venture, has […]
Ghana Declares New Oil and Gas Discoveries Commercially Viable

Ghana Declares New Oil and Gas Discoveries Commercially Viable Ghana’s energy sector received a major boost with the formal Declaration of Commerciality submitted on July 3, 2025, for the Eban-Akoma discoveries within the Cape Three Points Block 4, marking the conclusion of the appraisal program. Minister for Energy and Green Transition John Abdulai Jinapor highlighted […]
Ghana’s Gas Export Capacity Receives Major Boost from FPSO Upgrade

Ghana’s Gas Export Capacity Receives Major Boost from FPSO Upgrade Malaysia’s Yinson Production has achieved a significant technical milestone by successfully integrating the associated gas system into the non-associated gas infrastructure aboard the FPSO John Agyekum Kufuor, substantially increasing gas export capacity to Ghana’s national grid. The project, completed in less than four months, involved […]
KOTUG Reinforces West Africa Fleet with Two New Tugs for BP’s Mega Gas Project

KOTUG Reinforces West Africa Fleet with Two New Tugs for BP’s Mega Gas Project Dutch towage and maritime company KOTUG International is strengthening its operations in West Africa with two RAstar 3200 tugs, SD Rosso and SD Chatboul, heading to Senegal to support long-term offshore terminal operations at BP’s Greater Tortue Ahmeyim gas field. The […]
ReconAfrica Set to Drill High-Stakes Kavango West 1X Well Before Month’s End

ReconAfrica Set to Drill High-Stakes Kavango West 1X Well Before Month’s End Reconnaissance Energy Africa is preparing to spud its crucial Kavango West 1X exploration well before the end of July, with the drilling rig safely positioned on-site and all necessary permits secured from regulators. The well represents the second test in the expansive Damara […]
Dutch Giant SBM Offshore Makes Bold Move for Namibia’s Massive Venus Oil Discovery

Dutch Giant SBM Offshore Makes Bold Move for Namibia’s Massive Venus Oil Discovery Dutch offshore production specialist SBM Offshore is positioning itself for a major opportunity in Namibia’s ultra-deepwater Venus oil discovery in the Orange Basin, with Chief Business Officer Olivier Icyk confirming the company’s growing interest and ambitions to build an in-country presence. French […]
Angola’s Oil Production Plummets to One Million Barrels Daily as Sector Contracts 10.2%

Angola’s Oil Production Plummets to One Million Barrels Daily as Sector Contracts 10.2% Angola’s oil and gas production suffered a dramatic 10.2 percent decline in the second quarter of 2025, with daily oil output dropping to approximately one million barrels per day, according to a new report from Banco Fomento Angola’s Economic Studies Department. The […]
DIGITAL PAYMENTS TO POWER AFRICA’S $1 TRILLION CROSS-BORDER MARKET BY 2035, OUI CAPITAL SAYS

DIGITAL PAYMENTS TO POWER AFRICA’S $1 TRILLION CROSS-BORDER MARKET BY 2035, OUI CAPITAL SAYS Africa’s cross-border payments market is projected to surge to $1 trillion by 2035, up from $329 billion in 2025, according to a new report by Oui Capital, an Africa-focused venture capital firm. The growth, driven by a 12% compound annual growth […]
CORPORATE AFFAIRS COMMISSION (CAC) CLAIMS RECORD REGISTRATION ON NEW AI-POWERED PORTAL, BUT USERS REPORT DELAYS

CORPORATE AFFAIRS COMMISSION (CAC) CLAIMS RECORD REGISTRATION ON NEW AI-POWERED PORTAL, BUT USERS REPORT DELAYS Nigeria’s Corporate Affairs Commission (CAC) said a major AI-driven website upgrade led to a record 11,000 companies registered in one day, compared to the one week it used to take to process each registration. The commission tried to address mounting […]