…Calls for Collaboration to Reduce Production Cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.  Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a keynote address at the opening […]

 …Says Everyone Has Role to Play in Derisking Sector to Attract Investors The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for the establishment of more local institutions in Nigeria and Africa with capacity to provide funding for energy projects to tackle energy poverty. The call was made by the Chief Financial Officer of […]

TotalEnergies has signed an agreement to acquire a 60% interest and operatorship in Block STP02, offshore Sao Tome and Principe, from the Agência Nacional do Petroléo de S. Tomé e Principé (ANP-STP). The remaining interest will be held by the existing license holders, Sonangol (30%) and ANP-STP (10%). The transaction is subject to final approvals from relevant authorities. Located within an […]

Sound Energy, the transition energy company, has demobilised Star Valley Rig 101 having conducted planned work over operations on the gas wells TE-6 and TE-7 in preparation for long term gas production into the micro LNG plant currently under construction at site by Italfluid Geoenergy S.r.l.  The works were completed safely with no recordable incidents. […]

Chariot Limited (AIM: CHAR), the Africa-focused transitional energy group, is pleased to announce it has signed a Heads of Terms agreement with Vivo Energy regarding future natural gas offtake from the Loukos Onshore licence (“Loukos”) in Morocco (Chariot, Operator 75%, ONHYM, 25%). The aim of the agreement is to set out the next steps for […]

…As FG Expresses Satisfaction with Project’s Progress In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd.) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project. Group Chief Executive Officer of NNPC Ltd., Mr. Mele Kyari, confirmed this during an […]

TGS, a global leader in energy data and intelligence, has signed an agreement with Tanzania’s Petroleum Upstream Regulatory Authority (PURA) to manage and license the country’s extensive offshore subsurface data. This collection includes 2D and 3D seismic data covering an area of over 132,000 square kilometers. Tanzania boasts strong play diversity, proven through exploration success […]

Abuja, Nigeria – Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialisation journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilisation, and by extension are addressing energy poverty and environmental challenges. The Honourable Minister of Energy for Ghana, H.E. Dr. Matthew […]

Ocean services provider DeepOcean is awarded frame agreements by Woodside Energy (Senegal) B.V. to provide subsea inspection, maintenance, and repair (IMR) services for the Sangomar field located offshore Senegal, West Africa. The Sangomar deepwater oil field is located 100 kilometres south of Dakar, Senegal, and commenced production in June 2024. The scope of work includes […]

As part of its growth strategy, Etu Energias, SA has concluded its agreement with GALP for the indirect acquisition of a 5% stake in Block 32 and 9% in Block 14, 4.5% in Block 14K in offshore Angola.The conclusion of this deal represents the materialization of the purchase and sale agreement between the subsidiaries of […]