Bourbon Lands Five-Year Vessel Contract with Eni Congo

Bourbon Lands Five-Year Vessel Contract with Eni Congo French maritime services provider Bourbon has secured a strategic five-year contract with Eni Congo to supply six next-generation crew vessels for operations at Italian energy giant Eni’s offshore Congo fields. The agreement covers charter of six new S200X-G2 units scheduled for progressive commissioning between June and December […]

BW Energy Secures Advanced Rig for First Kudu Field Drilling in 18 Years

BW Energy Secures Advanced Rig for First Kudu Field Drilling in 18 Years BW Energy has contracted the sixth-generation Deepsea Mira semi-submersible rig for drilling the Kharas appraisal well on the Kudu license offshore Namibia, marking the first drilling activity on the field since 2007. The Norwegian oil producer, operating with a 95% working interest […]

Angola Slashes China Oil Debt to $7.5 Billion as Financial Strategy Shifts

Angola Slashes China Oil Debt to $7.5 Billion as Financial Strategy Shifts Angola is set to dramatically reduce its oil-backed debt to China to between $7.5 billion and $8.0 billion by year-end, marking a strategic pivot away from commodity-backed borrowing as the oil-rich nation seeks greater financial stability. The projected figures represent a continued decline […]

Egypt Strikes Oil Gold: Agiba Petroleum Adds 4,100 Barrels Daily from New Well

Egypt Strikes Oil Gold: Agiba Petroleum Adds 4,100 Barrels Daily from New Well Egyptian oil production received a major boost as Agiba Petroleum Company successfully brought the “Arcadia-28” well online, adding an estimated 4,100 barrels of oil equivalent per day to the nation’s output following a precision acid stimulation operation completed on July 19, 2025. […]

Mozambique’s $20 Billion LNG Giant Set for Summer Restart After Four-Year Shutdown

Mozambique’s $20 Billion LNG Giant Set for Summer Restart After Four-Year Shutdown TotalEnergies and its partners are racing to restart construction on Mozambique’s massive $20 billion LNG project before summer’s end, marking a potential turning point for one of Africa’s most ambitious energy ventures that has been stalled since 2021. The project, which includes developing […]

Oil and Gas Opportunities in African Countries

Oil and Gas Opportunities in African Countries Africa’s oil and gas sector is a cornerstone of the continent’s energy landscape, offering significant opportunities for joint ventures, partnerships, and contractual agreements. Governments across Africa frequently announce bidding rounds, licensing opportunities, and infrastructure projects to attract international and local partners. These initiatives are driven by vast hydrocarbon […]

Cameroon Launches Second Oil Refinery to Boost Energy Independence

Cameroon Launches Second Oil Refinery to Boost Energy Independence Cameroon has officially begun construction of a new oil refinery and petroleum storage depot in its southern region, marking a crucial step toward enhanced energy independence. The state-owned National Hydrocarbons Corporation (SNH) announced the project launch within the Kribi industrial port zone, strategically selected for its […]

Cyprus-Egypt Gas Partnership Advances with 2027 Connection Timeline

  Cyprus-Egypt Gas Partnership Advances with 2027 Connection Timeline Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi and Cyprus’s Minister of Energy, Commerce, and Industry George Papanastasiou have confirmed progress on connecting Cyprus’s Cronos natural gas field to Egypt’s energy infrastructure by 2027. The meeting in Nicosia, attended by senior representatives from Eni and […]

Libya and Algeria Strengthen Energy Partnership with Four Strategic Agreements

Libya and Algeria Strengthen Energy Partnership with Four Strategic Agreements Libya’s National Oil Corporation (NOC) and Algeria’s state-owned Sonatrach have signed four comprehensive memorandums of understanding to enhance bilateral cooperation across key energy sector areas including operations, oilfield services, training, and knowledge exchange. The agreements were formalized at Sonatrach’s headquarters in Algiers, marking a significant […]

Angola Pushes $60 Billion Investment Drive with New Licensing Strategy

Angola Pushes $60 Billion Investment Drive with New Licensing Strategy Angola’s National Oil, Gas & Biofuels Agency (ANPG) is spearheading a massive $60 billion investment campaign across its upstream oil and gas sector from 2025 to 2030, driven by ambitious exploration and production projects. The West African nation aims to sustain oil production above 1 […]