State of African Energy 2027 Outlook: Project Delivery Will Shape Africa’s $40B Upstream Investment Cycle

Africa’s upstream sector is set to attract approximately $40 billion in annual investment, with production growth through the end of the decade closely tied to the speed of development. The … Read More

MOZAMBIQUE: Eni announces the beginning of the drilling campaign for the Coral North FLNG Project

Eni and its Area 4 partners, China National Petroleum Corporation (CNPC), ENH, KOGAS and XRG, announce the startup of the drilling and completion campaign for the Coral North Project offshore … Read More

MOZAMBIQUE: SLB OneSubsea awarded major subsea systems contract for Rovuma Basin development

SLB has announced that its OneSubsea™ joint venture has been awarded a contract by ExxonMobil Moçambique, Limitada, on behalf of its Area 4 partners, (ENH, CNPC, ENI, KOGAS and XRG), … Read More

Mozambique Codifies the Rules of Its Own Gas Boom, Joining Africa’s Shift Toward Binding Local Content Law

Over a decade ago, Mozambique was barely on the LNG industry’s map. Then came Rovuma, and with it, one of Africa’s largest concentrations of LNG capacity under development, and one … Read More

MOZAMBIQUE: Saipem and Jan De Nul signed a Letter of Intent for Rovuma LNG offshore project

The final award to Saipem-Jan De Nul consortium is subject to the Final Investment Decision (FID), and government and regulatory approvals expected within 2026 Saipem, in consortium with Jan De … Read More

MOZAMBIQUE: ExxonMobil Awards McDermott Letter of Intent for Rovuma LNG Project

McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and a majority shareholder in the SMDC joint venture with Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd. and China Petroleum … Read More

MOZAMBIQUE: LNG Revenues Reach $252.8 million

The Mozambican state has collected US$252.8 million in Liquefied Natural Gas (LNG) revenue from the start of commercial operations at Coral Sul FLNG in November 2022 until December 2025. The … Read More

Geopolitics and Energy Security: What Recent Moves Say about Africa’s Global Gas Role

The Council of the European Union (EU) and the European Parliament signed a provisional agreement in early December 2025 to formally phase out Russian gas imports. Aligned with a broader … Read More

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