Africa's Oil, Gas and Energy News.
In total, there are nine countries that fall within this region under the classification of the United Nations. Of the nine countries, only one of them, Chad, is landlocked. One of them, the Democratic Republic of São Tomé and Príncipe, is an island. The rest of the countries are Angola, Cameroon, the Central African Republic, the Democratic Republic of the Congo, Equatorial Guinea, Gabon, and the Republic of the Congo.
To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) … Read More
Equatorial Guinea is taking decisive steps to revitalize its upstream sector, with plans to launch a new licensing round in 2025 aimed at increasing exploration and production. With the global … Read More
High impact exploration in 2025 is expected to remain stable, with QatarEnergy being the most active explorer and all eyes remaining on the Orange Basin Westwood forecasts high impact exploration … Read More
Trident Energy announced today that it has completed the acquisition of the entire issued share capital of Chevron Overseas (Congo) Limited, as well as an additional working interest in the Nkossa … Read More
PetroNor reports an update on the Congo operations related to the PNGF Sud field complex as follows: On 29 December 2024, the company completed the lifting and sale of an … Read More
Panoro Energy announces that it has finalised terms and signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23. Panoro now holds an 80 … Read More
Third quarter average net working interest production was 4,7631 bopd, compared with 4,684 bopd inthe previous quarter and 5,113 bopd in the same period in 2023. During 2024 production efficiencyhas … Read More
Petrofac confirms further growth in Africa, with a new Master Service Agreement (MSA) award, supporting Marathon Oil in Equatorial Guinea. Under the agreement Petrofac will provide technical authority and discipline … Read More
Equatorial Guinea’s national oil company (NOC) GEPetrol has outlined a multi-phase development plan for the Zafiro Field, located in Block B. The company will work towards increasing the flow of … Read More
Europa Oil & Gas has announced that an additional 716 BCF of unrisked Prospective Resources have been identified on the EG-08 block bringing the total gross unrisked Mean Prospective Resources … Read More
