Algeria will host its bid opening ceremony for its 2024 Bid Round on June 17, 2025, the country’s upstream regulator the National Agency for the Valorization of Hydrocarbon Resources in Algeria (ALNAFT) announced. Opened in November 2024, the bid round featured six onshore blocks and has piqued the interest of 41 operators. The country is […]
Chariot regains Operatorship of Lixus and Rissana licences Chariot Limited, the Africa focused transitional energy group today announces that Energean plc has returned its Moroccan offshore interests to Chariot by completing the transfer of their wholly owned subsidiary which holds 45% and 37.5% respectively in the Lixus Offshore and Rissana Offshore licences. The Anchois-3 well […]
Capricorn has been informed by the Egyptian General Petroleum Corporation (“EGPC”) that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, in which it has a 50% participating interest held jointly with Cheiron Oil and Gas (Operator), into a new, single integrated concession agreement. The integrated concession agreement is subject […]
Vallourec, a world leader in premium seamless tubular solutions, has received a notice of award to supply Oil Country Tubular Goods (OCTG) to SONATRACH, the Algeria’s National Oil and Gas company. Vallourec will deliver carbon steel OCTG threaded with its premium VAM® connections, which have been recognized as the proven standard for the Algerian market. […]
Scatec ASA, a leading renewable energy solutions provider has signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l’Electricité et du Gaz (STEG) for another 120 MW solar power plant (Sidi Bouzid II) in Tunisia. The PPA was awarded in December 2024 through a government tender to support Tunisia’s ambitious […]
The National Oil Corporation (NOC) has followed the report published by Africa Intelligence, which includes claims attributed to the United Nations Security Council Sanctions Committee. These claims allege the involvement of influential figures in Libya, including senior officials, in networks of oil smuggling and money laundering. The NOC, reaffirming its dedication to transparency, firmly refutes […]
Wildcat has signed a Collaboration Agreement with The Strategic Fuel Fund Association (SFF), an organisation owned by the State of South Africa. The Agreement focuses on evaluating the petroleum assets in South Sudan previously held by PETRONAS. Leveraging the expertise and contacts of both parties in the South Sudanese oil sector, Wildcat and SFF have […]
Energean has updated the company’s proposed sale of its portfolio in Egypt to an entity controlled by Carlyle International Energy Partners. The portfolio in Egypt include NEA and NI concessions both 100% owned by Energean and whilst operated through separate 50/50 JV companies they both fall under the overall management of Abu Qir Petroleum. NEA […]
The Ministry of Petroleum and Mineral Resources (MoPMR) has launched a new round of investment opportunities, offering seven undeveloped fields in the Mediterranean Sea and six exploration areas in the Gulf of Suez and the Western Desert. This initiative is part of the ministry’s ongoing strategy to boost crude oil and gas production, leveraging the […]
Egypt’s latest licensing round and increased production efforts position the country as a key energy player in Africa, with African Energy Week: Invest in African Energies 2025 serving as a pivotal platform for global investors to explore new opportunities Egypt’s energy sector is experiencing a new wave of optimism as the country steps up efforts […]
