ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned investment of 1.5 billion dollars in deepwater exploration and development. This significant financial commitment, which will be implemented between Q2, 2025 – 2027 focuses on revitalizing production in the Usan deepwater oil field. The company proposed FID in late Q3 […]
As Ghana continues to unlock billion-dollar opportunities across oil, gas and renewables, Ghana’s Minister of Energy and Green Transition, John Abdulai Jinapor, will participate as a speaker at the highly anticipated 2025 edition of African Energy Week (AEW). Minister Jinapor’s participation will spotlight the country’s bold reforms and strategic projects that are positioning it as […]
The Group CEO of NNPC Ltd., Mr. Bashir Bayo Ojulari has described the floating of Africa Energy Bank as a veritable and crucial step towards ramping up the current Nigerian crude oil production level. Mr. Oulari made these frantic remarks when he received H.E. Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers’ […]
Patrick Pouyanne, the CEO of the French oil and gas company, TotalEnergies, which heads the Mozambique LNG Project, located on the Afungi peninsula, in Palma district, in the northern province of Cabo Delgado, has announced that operations may resume by the middle of this year. According to Pouyanne, and disclosed by the LNG Prime Media […]
Petroleum industry regulators on the African continent, under the auspices of the African Petroleum Regulators Forum (AFRIPERF), have brought to the fore an agenda for cooperation, investment, and economic development in the African petroleum sector. The forum, during its third meeting held virtually and attended by 17 member nations, was chaired by the interim chairman, […]
The quest of the present administration of President Ahmed Bola Tinubu to instill a robust, enabling economic environment through massive gas utilization projects has undoubtedly taken significant and strategic positions across the nation. The recent strategic investment alliance between the government of Delta State and a Nigerian Indigenous company Xenergi Limited, is one of various […]
The Republic of Congo’s Minister of Hydrocarbons, Bruno Jean-Richard Itoua, will speak at African Energy Week (AEW) 2025: Invest in African Energies, taking place in Cape Town from September 29 to October 3. His participation reinforces Congo’s drive to expand hydrocarbon production and mobilize investment across the oil and gas value chain. Minister Itoua’s engagement […]
Industry leaders reaffirmed their commitments to exploration, local content and financial strategies at the 7th Namibia International Energy Conference in Windhoek At the Namibia International Energy Conference (NIEC) on April 23, industry leaders from Chevron, the National Petroleum Corporation of Namibia (NAMCOR) and Rand Merchant Bank (RMB) outlined critical developments in the country’s oil and […]
Impact Oil & Gas, a privately owned, Africa-focused exploration company, has announced the conclusion of the third drilling campaign offshore Namibia after the completion of drilling operations on the Marula-1X exploration well in Block 2913B (PEL 56). Impact has a 9.5% interest in Blocks 2912 and 2913B in Namibia’s Orange Basin. Africa Oil through its […]
…..and to Act on Fiscal Stability By NJ Ayuk, Executive Chairman, African Energy Chamber The world is watching Namibia. To be more specific, the energy world is watching. This was evident at the recently concluded Namibian Internation Energy Conference. Ever since oil and gas majors, Rhino Resources, Galp Energia, Shell and TotalEnergies announced massive hydrocarbon discoveries in […]
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