Africa's Oil, Gas and Energy News.
ADES Holding Company announces that on the evening of Tuesday, 1-7-2025, a towing incident occurred involving Barge Unit Admarine 12, owned by its subsidiary and operating within Egyptian territorial waters. … Read More
As part of the Ministry of Petroleum and Mineral Resources – Egypt ’ plan and strategy to attract new exploration investments, and to support current efforts to increase production, the … Read More
Capricorn has announced that it has been informed by the Egyptian General Petroleum Corporation (EGPC) that it has approved the consolidation of eight of the Company’s existing Egyptian concession agreements, … Read More
A memorandum of understanding has been signed between the Egyptian natural gas company “EGAS” and ExxonMobil Egypt Upstream Limited to lay the necessary foundations for the development of the system … Read More
Energean has provided an update on the proposed sale of its portfolio in Egypt to an entity controlled by Carlyle International Energy Partners. Energean says it has not been able … Read More
VAALCO Energy has announced that it has entered into a new revolving credit facility with an initial commitment of $190 million and the ability to grow to $300 million, led … Read More
By NJ Ayuk, Executive Chairman, African Energy Chamber There’s a promising future for African renewables as the continent strives to balance its current reliance on fossil fuels. That’s the prediction … Read More
bp has announced the start of production from the second development phase of the Raven field, offshore Egypt, which involves the subsea tieback of additional Raven infill wells to its … Read More
Bluewater, the specialist energy private equity firm, has today signed a purchase agreement to sell Apex International Energy, a leading independent player in oil & gas exploration and production in … 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
