OPINION: Africa’s Upstream Future: Momentum Builds, but Investment Discipline Remains a Hurdle

By NJ Ayuk, Executive Chairman, African Energy Chamber Two breakthrough offshore discoveries in Namibia in 2022 — one by Shell and one by TotalEnergies — marked an important milestone for … Read More

DR CONGO: EQX Biome Bids to Implement a $6bn Economically Successful Protected Area at Virunga to Halt Oil Exploration

EQX Biome is looking to halt oil drilling on 28m hectares in the Virunga Park of pristine rainforests & other ecosystems by instead implementing a $6bn Economically Successful Protected Area (ESPA) … Read More

DRC: Government Expresses Strong Political Will for Gas Monetization Projects

Surrounded by major African oil & gas producers Republic of Congo and Angola, the Democratic Republic of Congo (DRC) has so far remained relatively absent of Africa’s league of hydrocarbons … Read More

Total E&P completes 2D seismic acquisition in DRC’s Block III

Total E&P RDC, operator of DRC’s Block III, has finalized the acquisition of the 2D seismic survey over the northern part of the Block III area according to JV partner SacOil. … Read More

Fleurette estimates 3 billion barrels of oil in DRC’s Blocks I & II

Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed 3D seismic surveys acquired in 2013-14 over its prospects in … Read More

Perenco Rep says partnership with DRC government essential in oil & gas business

Oil and gas operator Perenco has maintained that a partnership with the DRC government is essential to achieve set growth targets. Through its General Manager Reza Mered Perenco says that … Read More