Egypt Launches $117 Million Mediterranean Seismic Survey Project
Egypt Launches $117 Million Mediterranean Seismic Survey Project Egypt plans to conduct a comprehensive ocean bottom node seismic survey covering 95,000 square kilometers in the Eastern Mediterranean using advanced global technologies. Minister Karim Badawi announced the project aims to boost gas exploration investment opportunities while reducing risks for international companies expanding Egyptian operations. The seven-year […]
President El-Sisi Pushes Egypt’s Energy Sector Development Strategy
President El-Sisi Pushes Egypt’s Energy Sector Development Strategy President Abdel Fattah El-Sisi has directed continued development of newly discovered wells while intensifying exploration activities to enhance Egypt’s position as a regional energy hub. During meetings with Prime Minister Mostafa Madbouly and Petroleum Minister Karim Badawi, the president emphasized providing incentives to attract international investment and […]
bp Plans Mediterranean Expansion with Five-Well Egypt Campaign
bp Plans Mediterranean Expansion with Five-Well Egypt Campaign bp has signed a memorandum of understanding with Egyptian officials for a five-well drilling program in the Mediterranean Sea, targeting water depths from 300 to 1,500 meters. The campaign aims to accelerate natural gas production from the West Nile Delta using existing infrastructure, with drilling operations scheduled […]
South Africa Approves Sasol Gas Price Increase Amid Market Pressures
South Africa Approves Sasol Gas Price Increase Amid Market Pressures The National Energy Regulator of South Africa has approved a 4% increase in Sasol Gas’s maximum price, raising it from R87.04 to R90.57 per GigaJoule for the second quarter of 2025/2026. The adjustment responds to rising costs of gas imported from Mozambique, oil-linked derivatives fluctuations, […]
Kenya Positioned to Become Major E-Fuels Producer for Maritime Industry
Kenya Positioned to Become Major E-Fuels Producer for Maritime Industry Kenya’s abundant renewable energy resources position the country to establish competitive e-fuels production for both domestic and international maritime markets, according to a new Global Maritime Forum report. The study, titled “Powering clean shipping: Kenya in the global power-to-x economy,” identifies the country’s wind, solar, […]
Oil Majors Reaffirm Long-Term Commitment to Angola’s Energy Future
Oil Majors Reaffirm Long-Term Commitment to Angola’s Energy Future Leading international operators have reinforced their dedication to Angola’s next phase of exploration and production development. ExxonMobil, which has produced over 2.5 billion barrels in the country, signed a license extension for Block 15 in 2025 and invested in the frontier Namibe basin. Country Manager Katrina […]
Congo Secures Massive $23 Billion Oil Development Deal with Chinese Company Wing Wah
Congo Secures Massive $23 Billion Oil Development Deal with Chinese Company Wing Wah The Republic of Congo has closed a transformational $23 billion agreement with Chinese company Wing Wah for the integrated development of three major oil permits: Banga Kayo, Holmoni, and Cayo. The deal was officially signed by Minister of Hydrocarbons Bruno Jean-Richard Itoua […]
ReconAfrica Enters Offshore Gabon with Strategic $23 Billion Oil Discovery Deal
ReconAfrica Enters Offshore Gabon with Strategic $23 Billion Oil Discovery Deal Reconnaissance Energy Africa has signed a production sharing contract for Gabon’s offshore Block C-7, now renamed Ngulu, positioning the company as an offshore West Africa operator. The deal includes an existing oil discovery at the Loba field, drilled in 1976, which offers potential production […]
TotalEnergies Set to Lift Force Majeure on $20 Billion Mozambique LNG Project After Four-Year Shutdown
TotalEnergies Set to Lift Force Majeure on $20 Billion Mozambique LNG Project After Four-Year Shutdown TotalEnergies is taking final steps toward lifting the force majeure clause on its massive $20 billion Mozambique LNG project, which has been suspended since March 2021 due to security concerns in Palma district, Cabo Delgado province. General Manager Maxime Rabilloud […]
OSC SECRETARY-GENERAL URGES AFRICAN SCHOOLS TO SHIFT FROM PROBLEM-SOLVING TO PROBLEM-POSING
OSC SECRETARY-GENERAL URGES AFRICAN SCHOOLS TO SHIFT FROM PROBLEM-SOLVING TO PROBLEM-POSING Bin Mussallam warns outdated curriculums risk failing students in the AI era; supports Nigeria’s push for tech innovation hub Secretary-General of the Organisation of Southern Cooperation (OSC), Manssour Bin Mussallam, has called on African education authorities to overhaul school curricula, shifting emphasis from merely […]