JP Morgan and Santander will lead a fundraising operation for Argentina LNG, Bloomberg has reported, citing unnamed sources who said the total could reach $15 billion. One of these told the publication the companies involved in the project aimed to make a final investment decision by November.
DNV has agreed to acquire Equinor’s WellSpot digital technology and will commercialize the platform as Wellhead Fatigue Manager, expanding its capabilities for monitoring and managing fatigue across the lifecycle of subsea wells.
Dangote Group has offered East African countries a 30% equity stake in its planned Lamu refinery, reports Bloomberg. The refinery will be located on Lamu Island, off the coast of Kenya.
CB&I’s Asset Solutions business has secured a three-year contract to provide operations and maintenance services for an FPSO offshore Côte d’Ivoire, expanding the company’s presence in West Africa.
Crude oil production from Ghana’s Jubilee Field increased in the first half of 2026, although output fluctuated during the period, data from the country’s upstream petroleum regulator showed.
Ghana’s Energy Ministry approved the Brazilian state-controlled company’s application to negotiate exploration contracts.
The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
Nigeria’s Dangote Group has offered a 30% stake in a planned refinery in Kenya to East African nations, a senior economic adviser to Kenya’s President William Ruto said.
Saudi Arabia has boosted its crude oil exports from Egypt’s Mediterranean port of Sidi Kerir by about 33% in the month since the Houthis threatened Saudi oil shipments in the southern Red Sea and the Bab el-Mandeb Strait, tanker-tracking data compiled by Bloomberg showed on Friday.
Iraq wants to more than double its oil production within six years. First, it needs OPEC to let it.
Baghdad is targeting output of between 8 million and 10 million barrels per day, up from roughly 4 million bpd before the Iran war, Prime Minister Ali al-Zaidi said Friday.