NAMIBIA: TotalEnergies Makes a Significant Discovery at the Venus Prospect

TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X … Read More

Gas Output from Sub-Saharan Africa set to Double by 2030, Driven by Deepwater Developments

Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in … Read More

UGANDA: Consortium Funds Study to Define Agriculture, Housing opportunity Linkages to Oil and Gas Sector

Source: PAU A consortium of five organizations has today commissioned two studies to define business opportunities in the agriculture, and housing sectors linked to Uganda’s emerging oil and gas economy, … Read More

Angola´s Oil and Gas Sector is Ripe for New Investments

By Verner Ayukegba, Senior Vice-President of the African Energy Chamber Angola is sub-Saharan Africa´s second-largest oil and gas producer with a current production capacity of about 1.1 million barrels of … Read More

SOMALIA: Coastline Exploration Signs Seven PSA’s Amid Rejection from President and PM

Coastline Exploration has signed seven Production Sharing Agreements (PSAs) covering offshore, deep-water blocks of the Federal Republic of Somalia. These PSAs enable Coastline to proceed with plans to explore for oil … Read More

GHANA: Tullow Oil, Forest Commission Sign MoU to the Development of Carbon Offset Projects

Tullow Oil has signed a Memorandum of Understanding (MOU) with the Forestry Commission Ghana to identify and develop carbon offset projects that will support both the realisation of Tullow’s 2030 … Read More