Egypt Pioneers North Africa’s First Large-Scale Solar Oilfield Project
Egypt Pioneers North Africa’s First Large-Scale Solar Oilfield Project United Energy Egypt (UEE) has signed a groundbreaking Memorandum of Understanding with global solar leader LONGi Green Energy to deploy a 20-megawatt hybrid solar power system across six oil fields. The innovative project represents North Africa’s first large-scale application of Back Contract technology with LONGi’s proprietary […]
Algeria Awards Massive $855 Million Gas Production Contract to Chinese Firm
Algeria Awards Massive $855 Million Gas Production Contract to Chinese Firm Algeria’s national oil and gas company Sonatrach has awarded a substantial $855 million contract to China’s Jereh Group for developing facilities at the Rhourde Nouss gas field. The contract will see Jereh Oil & Gas Engineering build a natural gas booster station and upgrade […]
UK JUNIOR AMINEX SOARS 14 MONTHS HIGH ON TANZANIA GAS PIPELINE BREAKTHROUGH
UK JUNIOR AMINEX SOARS 14 MONTHS HIGH ON TANZANIA GAS PIPELINE BREAKTHROUGH Shares of UK-listed exploration company Aminex Plc rocketed to their highest level in 14 months today following confirmation of imminent construction on a strategically crucial gas pipeline in Tanzania. The dramatic surge came after Chinese contractors were formally engaged to build a 35-kilometre, […]
RENAISSANCE ENERGY AFRICA SMASHES PRODUCTION TARGETS WITH 40% SURGE
RENAISSANCE ENERGY AFRICA SMASHES PRODUCTION TARGETS WITH 40% SURGE Nigerian energy powerhouse Renaissance Africa Energy has delivered a stunning operational performance, exceeding its first-month oil production target by an impressive 40% in early 2025. The achievement marks a remarkable start for the consortium following its historic $1.3 billion acquisition of Shell’s Nigerian assets in December […]
MASSIVE $3.5 BILLION GAS INVESTMENT TRANSFORMS NIGERIA’S AKWA IBOM STATE
MASSIVE $3.5 BILLION GAS INVESTMENT TRANSFORMS NIGERIA’S AKWA IBOM STATE Nigeria’s energy sector witnessed a seismic shift today as the Nigerian National Petroleum Company Limited (NNPCL) announced a staggering $3.5 billion investment to develop critical gas infrastructure in Akwa Ibom State. The mega-investment will fund an inter-county gas pipeline, offshore-to-land gas delivery systems, a methanol […]
New Fortress Energy Strengthens Egypt’s LNG Import Capacity with Second FSRU
New Fortress Energy Strengthens Egypt’s LNG Import Capacity with Second FSRU Egypt’s natural gas import infrastructure is receiving a substantial boost as New Fortress Energy deploys its second floating storage and regasification unit (FSRU) in the country under a five-year agreement with the Egyptian Natural Gas Holding Company (EGAS). The 138,250 cubic meter Energos Winter […]
Egypt Launches Groundbreaking Oil Shale Exploration Initiative
Egypt Launches Groundbreaking Oil Shale Exploration Initiative Egypt is pioneering a new chapter in alternative energy development through its first oil shale exploration and production project, marking a significant step toward energy diversification and mining sector advancement. The New Valley Company for Mineral Resources and Oil Clay (Wadico) has signed a strategic cooperation agreement with […]
Egypt and SLB Chart Strategic Course for Oil and Gas Sector Expansion
Egypt and SLB Chart Strategic Course for Oil and Gas Sector Expansion Egypt’s petroleum sector is gaining momentum through enhanced cooperation with global technology leader SLB, focusing on expanded exploration, development projects, and increased production capacity. Minister of Petroleum and Mineral Resources Karim Badawi met with SLB’s Regional President Jesus Lamas to discuss the sector’s […]
Afentra Delivers Strong Performance with 21,350 BOPD Production in First Half 2025
Afentra Delivers Strong Performance with 21,350 BOPD Production in First Half 2025 Africa-focused upstream company Afentra plc has reported solid operational achievements in the first half of 2025, reaching gross average production of 21,350 barrels of oil per day while advancing its multi-year redevelopment strategy. The company successfully ramped up water injection operations to 35,000 […]
Namibian-Canadian Partnership Extends Orange Basin Exploration Through 2026
Namibian-Canadian Partnership Extends Orange Basin Exploration Through 2026 The National Petroleum Corporation of Namibia (NAMCOR) and Canada’s Sintana Energy have secured a crucial 12-month extension for their petroleum exploration license in Namibia’s promising Orange Basin, extending operations through July 2026. The extension for PEL 79, covering exploration blocks 2815 and 2915, positions the joint venture […]