Africa's Oil, Gas and Energy News.
In November 2023 88 Energy, via its wholly-owned Namibian subsidiary, executed a three-stage farm-in agreement (FOA) for up to a 45% non-operated working interest in the onshore Petroleum Exploration Licence … Read More
HIGHLIGHTS Brian Reinsborough, President and CEO of the Company stated: “Over the past few months we have improved the Company’s balance sheet which enables us to execute our planned multi-well … Read More
At the U.S.-Africa Nuclear Energy Summit in Nairobi, Under Secretary of State for Arms Control and International Security Bonnie Jenkins, joined by U.S. Department of Energy Deputy Assistant Secretary Aleshia … Read More
Eco (Atlantic) Oil & Gas has announced completion of a farm down of a 13.75% Participating Interest in Block 3B/4B offshore the Republic of South Africa and Transfer of Operatorship of the Block … Read More
The Ministry of Petroleum and Mineral Resources announced that the Egyptian Natural Gas Holding Company (EGAS) has launched a new international 2024 bid round for the exploration and exploitation of … Read More
Africa Finance Corporation (AFC) is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas … Read More
African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to … Read More
By Lamé Verre, Fellow of the Energy Institute | Member of the Global Future Council on Energy Transition at The World Economic Forum Introduction In Africa, with a young demographic, a … Read More
In a move set to strengthen bilateral cooperation in West Africa, Equatorial Guinea and Nigeria have signed an agreement for the construction of the Gulf of Guinea Gas Pipeline Project. … Read More
PETRONAS’ subsidiary, PETRONAS Carigali Nile Limited (PCNL) has announced the withdrawal of its operations in the Republic of South Sudan (RSS). The decision was made following a two-year period of … Read More
