Uganda’s Ambitious Oil Pipeline Project Races Toward 2026 Launch
Uganda’s Ambitious Oil Pipeline Project Races Toward 2026 Launch Uganda’s dream of becoming an oil exporter by the second half of 2026 is accelerating as the East African Crude Oil Pipeline (EACOP) project enters its final 12-month construction phase. Engineers working on the massive 1,443-kilometer pipeline, designed to transport crude from Uganda’s Albertine Graben to […]
Oceaneering Lands Major $90 Million Contract with ExxonMobil for Angola Operations
Oceaneering Lands Major $90 Million Contract with ExxonMobil for Angola Operations U.S. subsea engineering firm Oceaneering International has secured a substantial three-year contract worth $80-90 million with an ExxonMobil affiliate to provide remotely operated vehicle (ROV) services and integrated solutions at an offshore block in Angola. The contract, awarded to Oceaneering Angola and Oceaneering Marine […]
Tullow Oil Secures Critical Extension for Kenya Oilfield Development
Tullow Oil Secures Critical Extension for Kenya Oilfield Development Tullow Oil Plc and Kenya’s Gulf Energy Ltd. have been granted a crucial six-month extension until December to submit their development plan for oil fields in Kenya, providing breathing room for the completion of a significant asset sale. The extension comes as Tullow works to finalize […]
Libya and Nigeria Forge Strategic Alliance for Gas Pipeline to Europe
Libya and Nigeria Forge Strategic Alliance for Gas Pipeline to Europe Libya and Nigeria have announced a groundbreaking partnership to develop a major gas pipeline project that could revolutionize energy exports to European markets, following high-level discussions between the two nations’ oil ministers. Libya’s Tripoli-based Minister of Oil and Gas, Khalifa Abdel Sadeg, met with […]
Nigeria’s Oil Rig Count Soars to 46 Following $8 Billion Investment Surge
Nigeria’s Oil Rig Count Soars to 46 Following $8 Billion Investment Surge Nigeria’s oil industry has achieved a remarkable milestone as the country’s active oil rig count has surged to 46, up dramatically from just eight rigs in 2021, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced today. The explosive growth follows over $8 billion […]
Shell Submits Formal Bid for Ghana’s Pecan Oil Field as Mahama Promises Energy Revolution
Shell Submits Formal Bid for Ghana’s Pecan Oil Field as Mahama Promises Energy Revolution In a major development that could reshape Ghana’s energy landscape, global oil giant Shell has submitted a formal bid to participate in the development of Ghana’s lucrative Pecan Oil Field, President John Mahama announced today. The proposal is currently under review […]
PetroNor Reports Improved Production Yield in Congo Operations
PetroNor Reports Improved Production Yield in Congo Operations PetroNor E&P ASA has achieved notable improvements in operational efficiency at its Congo operations, despite a modest decline in overall production volumes during the second quarter of 2025. The company generated an average of 4,240 barrels of oil per day net working interest production from its operations […]
Egypt Prepares New Gas Exploration Licensing Round for International Companies
Egypt Prepares New Gas Exploration Licensing Round for International Companies Egypt is advancing its strategy to boost natural gas production and attract foreign investment with plans to launch a new exploration licensing round in August, offering international energy companies access to promising hydrocarbon prospects. The upcoming licensing round will include substantial onshore and offshore exploration […]
Angola’s Block 15 Secures License Extension Until 2037, Reinforcing Production Portfolio
Angola’s Block 15 Secures License Extension Until 2037, Reinforcing Production Portfolio A consortium of major energy companies has successfully secured an extended license for Angola’s prolific Block 15, extending operations until 2037 and signaling continued development of the offshore asset’s remaining resources. ExxonMobil, Azule Energy, Equinor, and Sonangol E&P have signed an amended Production Sharing […]
Uganda’s UNOC Seeks Joint Venture Partner for Major Oil Exploration Block
Uganda’s UNOC Seeks Joint Venture Partner for Major Oil Exploration Block Uganda’s state-owned Uganda National Oil Company (UNOC) has announced its search for a joint venture partner to develop the substantial 1,285-square-kilometer Kasuruban exploration block, marking a significant step in the country’s oil development strategy. Angella Ambaho, Senior Public Relations Officer at UNOC, confirmed on […]