Europa Oil & Gas Advances Major Farm-Out Deal for Equatorial Guinea Project
Europa Oil & Gas Advances Major Farm-Out Deal for Equatorial Guinea Project Europa Oil & Gas has made significant progress in securing a strategic partner for its EG-08 production sharing contract in Equatorial Guinea. The company’s associated entity, Antler Global Limited, has entered detailed commercial discussions and signed non-binding Heads of Terms with a major […]
Egypt and United Energy Group Forge Strategic Partnership to Expand Regional Energy Footprint
Egypt and United Energy Group Forge Strategic Partnership to Expand Regional Energy Footprint Egypt has strengthened its position in the regional energy market through a comprehensive memorandum of understanding with Hong Kong-based United Energy Group. Minister of Petroleum and Mineral Resources Eng. Karim Badawi signed the strategic framework agreement during an official visit to the […]
Libya Surges to Second Place in African Oil Export Rankings Despite Production Dip
Libya Surges to Second Place in African Oil Export Rankings Despite Production Dip Libya has secured its position as Africa’s second-largest oil exporter with production reaching 1.280 million barrels per day in June 2025, despite experiencing a decrease of 24,000 barrels from the previous month. The North African nation trails only Nigeria, which leads with […]
Massive $25 Billion Nigeria-Morocco Gas Pipeline Races Toward Construction
Massive $25 Billion Nigeria-Morocco Gas Pipeline Races Toward Construction The continental energy game is about to change forever as the $25 billion Nigeria-Morocco Atlantic Gas Pipeline project hits critical construction milestones following decisive meetings in Rabat. The 6,000-kilometer mega-infrastructure project is now positioned for immediate implementation after West African leaders approved the Intergovernmental Agreement during […]
Nigeria Poised to Unleash 810,000 Barrels Daily from Deepwater Gold Mine
Nigeria Poised to Unleash 810,000 Barrels Daily from Deepwater Gold Mine Nigeria is making a dramatic push to revitalize its struggling offshore oil sector with an ambitious roadmap that could add a staggering 810,000 barrels per day from deepwater fields. The Nigerian Upstream Petroleum Regulatory Commission revealed that the country’s deepwater production has plummeted from […]
Prince Eludoyin’s $10bn Contribution to Nigeria’s Economy
Prince Eludoyin’s $10bn Contribution to Nigeria’s Economy Billionaire businessman, Prince Dipo Eludoyin, has become a true icon in the entrepreneurial landscape. He is unarguably one of the dynamic business magnates with a lot of global acclaim, while promoting worthy causes that affect Africa and entrepreneurship. With decades of interrelations with Chinese business tycoons and multinational […]
Ghana Plans Pipeline Extension to Burkina Faso for Regional Fuel Hub
Ghana Plans Pipeline Extension to Burkina Faso for Regional Fuel Hub Ghana’s Minister for Energy and Green Transition, John Jinapor, has announced plans to extend an oil pipeline from Ghana to Burkina Faso, positioning Ghana as the main hub for Burkina Faso to off-lift petroleum products. The minister commended the Bulk Oil Storage and Transportation […]
Saudi Aramco and Algeria’s Sonatrach Slash LPG Prices by Up to 10%
Saudi Aramco and Algeria’s Sonatrach Slash LPG Prices by Up to 10% In a significant market move, Saudi Arabia’s state oil producer Aramco and Algeria’s Sonatrach have cut official selling prices (OSPs) for liquefied petroleum gas in August by 4.6-10.1% due to rising global supply and weakening demand, traders reported today. Saudi Aramco reduced its […]
Libya Set to Announce Multi-Billion Dollar Investment in Waha Oil Complex
Libya Set to Announce Multi-Billion Dollar Investment in Waha Oil Complex Libya’s National Oil Corporation (NOC) is preparing to unveil a massive investment in the Waha oil complex, the country’s most productive upstream asset, sources confirmed today. The announcement, expected imminently, could involve several billion dollars in funding aimed at significantly boosting output from […]
BW Energy Contracts Deepsea Mira for Namibian Gas Appraisal Project
BW Energy Contracts Deepsea Mira for Namibian Gas Appraisal Project Oil and gas firm BW Energy and the National Petroleum Corporation of Namibia have contracted Odfjell Drilling’s Deepsea Mira semi-submersible rig for an upcoming appraisal well project offshore Namibia. The rig will provide drilling services for the Kharas appraisal well on the Kudu license in […]