Africa's Oil, Gas and Energy News.
Shearwater Geoservices announces the upcoming start of a new multi-client seismic project offshore Nigeria. The 3D survey is backed by significant industry funding and will be executed in partnership with … Read More
The African Petroleum Regulators Forum (AFRIPERF) has unanimously adopted Nigeria as its official headquarters and also elected the Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, … Read More
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled the 2025 Licensing Round Portal marking a major push to attract new global investment into the country’s petroleum sector. Announced on … Read More
TotalEnergies (80%, operator), together with its partner South Atlantic Petroleum (20%), have signed the Production Sharing Contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore Nigeria, which … Read More
Oando announces that its upstream subsidiary, Oando Oil Limited, a 20% participating interest holder in the OMLs 60-63 JV and an affiliate of Oando Energy Resources Nigeria Limited, has successfully … Read More
Nigeria Existing BusinessAverage gross daily production was 23.6 Kboepd for Q1 2025, broadly in line with the prior year period (Q1 2024: 24.1 Kboepd). On 10 March 2025, we announced … Read More
Africa Oil Corp. has unveiled its new brand identity with a change of name to Meren Energy. The Company’s rebranding follows the recent completion of the transformative Prime consolidation, doubling … Read More
Aquaterra Energy has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy’s turnkey well … Read More
In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the … Read More
Africa Oil has announced the completion of the amalgamation (the “Amalgamation”) to consolidate all of the Prime Oil & Gas Coöperatief U.A shareholding in Africa Oil, and declares the first … Read More
