Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa, notes the recent press speculation in African Intelligence and confirms that Afentra, and another of its joint venture partners, is in discussions to acquire the interests in Blocks 3/05 (10%) and 3/05A (13.5%) held by Etu Energias. There can […]

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 […]

Sintana has said that Pancontinental has received notification from Woodside Energy (GOM) Inc. that Woodside has elected not to exercise its option to farm-in to the PEL 87 project. This notice has been received in advance of the long stop date of May 18th, 2025, after which Woodside’s option was due to expire and a […]

As part of strategies to increase Nigeria’s crude oil production, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has in Yenagoa joined the Nigerian Content Development and Monitoring Board (NCDMB), and other key entities of the oil industry to chart a pathway to sustainable growth and prosperity in oil and gas host […]

The Nigerian Content Development and Monitoring Board (NCDMB) has noted the comments made by the President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Festus Osifo, during the union’s recent protest at the headquarters of Sterling Oil Exploration and Energy Production Company (SEEPCO), at Victoria Island, Lagos, over alleged anti-labour […]

As the Republic of Congo endeavors to boost its oil production to 500,000 barrels per day by 2027 and expedite gas exploration and production, the Ministry of Hydrocarbons is simultaneously prioritizing the mogernazation of downstream infrastructure to address energy insecurity. Recognizing that many citizens still lack reliable energy access, the government is committed to upgrading […]

…to focus its portfolio in Nigeria on Deepwater and Integrated Gas positions Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance. On 16 January 2024, Shell reached an agreement to sell its Nigerian onshore subsidiary, the Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance Africa […]

Angola is experiencing a resurgence in interest in its oil and gas sector as global players seek to tap into the country’s vast and lucrative energy potential. With the increasing global demand for energy, Angola is positioning itself as a key player in the market, according to Alcides Andrade, Executive Administrator of the National Agency […]

The Nigerian National Petroleum Company Limited (NNPC Ltd) has called on global investors to direct their attention to the Nigerian oil and gas sector as the nation is now an investors’ haven owing to the robust regulatory reforms and the investment-friendly policies of the President Bola Ahmed Tinubu administration. The Executive Vice President, Upstream, Mr. […]

Scatec ASA, a leading renewable energy provider, has started commercial operation of the first 60 MW of the 120 MW Mmadinare Solar Cluster in Botswana. The power plant is Scatec’s first in Botswana and will generate predictable revenues from a 25-year power purchase agreement (PPA) with Botswana Power Corporation, the national utility. The remaining 60 […]