Navitas Petroleum has assumed operatorship of Block 1 CBK offshore South Africa following regulatory approval and completion of Eco (Atlantic) Oil & Gas’ farm-down of a 37.5% working interest in the license. The 19,929-km² block lies in South Africa’s portion of the Orange basin, adjacent to Namibia, where a series of oil discoveries in […]
A high-powered delegation from the Republic of Congo, has visited Nigeria, to study the Nigerian Content Development and Monitoring Board (NCDMB’s) institutional structure and strategies for developing indigenous capacity in the oil and gas industry. The delegation, comprising officials from the Ministry of Hydrocarbons and other senior government officials from Republic of Congo, which visited […]
ExxonMobil has agreed to pump oil and natural gas from Azerbaijan’s shale fields as the Texas energy giant takes its fracing expertise overseas. ExxonMobil has entered a joint venture with Azerbaijan’s state oil company SOCAR that will allow it to explore and develop “unconventional hydrocarbon resources” in the Middle Kura basin, the companies said in […]
TotalEnergies and partners SOCAR and XRG have taken final investment decision (FID) on the full-field development of the Absheron gas and condensate field offshore Azerbaijan, targeting startup in 2029. The development will increase overall Absheron production capacity to 6 billion cubic meters per annum (Bcma) of gas and 47,000 bpd of condensate. Gas production will […]
Ghana has moved further to deepen its oil exploration with the endorsing of a Memorandum of Understanding (MoU) with Shell and Chevron covering exploration and production rights over the South Deepwater Tano Cape Three Points block. The MoU includes the appraisal of the existing Nyankom discovery as the country seeks to revive upstream investment. The agreement […]
Namibia’s emerging oil and gas industry presents an opportunity that extends far beyond the production of hydrocarbons
Natural gas has become a major commercial driver for the Ghana National Petroleum Corporation (GNPC), generating $952 million in sales revenue in 2025. Mr Hamis Ussif, the GNPC’s Deputy Chief Executive in charge of Finance, Commercial and Administration, said the development reflected the growing importance of gas to the Corporation’s operations and Ghana’s wider energy […]
Tullow Oil expects full-year production at the top end of its guidance after a strong first half in Ghana, although refinancing costs pushed it deeper into the red. The Ghana-focused oil producer pumped an average of 43,700 barrels of oil equivalent a day in the six months to June, up from 40,600 a year earlier. […]
Kyrgyzneftegaz OJSC and the Chinese company Sinopec have agreed to expand cooperation on geological exploration in the Alay Valley of Kyrgyzstan. According to Kyrgyzneftegaz, a Kyrgyz delegation attended an international conference on oil and gas engineering technologies in Beijing, where they familiarized themselves with modern drilling technologies, geophysical survey methods, and other advanced techniques used […]
Anabela Marcos, Managing Director of SONILS, talks to The Energy Year about rising logistics demand from Angola’s offshore investment cycle, the expansion of the company’s technical and human capabilities and its strategy to develop an integrated regional logistics platform. SONILS operates an onshore supply base in Luanda providing logistics, cargo handling, warehousing, heavy lifting, fabrication […]