Special Report: Bounty Oil & Gas has started technical due diligence on the promising deepwater Block LB-32 offshore Liberia as it works through the proposed acquisition of PetroQuest Liberia Deep Water. It has agreed commercial terms with seismic provider TGS to licence the LB-32 portion of both the Sunfish 3D survey as well as legacy […]
Cameroon’s Société Nationale des Hydrocarbures (SNH) launched the country’s 2026 Bid Round during the African Farmout Forum at African Energy Week in Cape Town, offering six blocks for exploration across three sedimentary basins. The bid round comes as the country seeks new investment across frontier acreage and offers a strategic entry point for both established […]
From multibillion-dollar energy investments and local content development to women’s leadership and Africa’s right to determine its energy future, Marieme Sav Sow delivered a compelling message as senior executives from TotalEnergies, Eskom, Afreximbank and SLB outlined the opportunities and challenges shaping the continent’s energy industry. By Ajong Mbapndah L At African Energy Week (AEW) 2026 […]
Nigeria must urgently ramp up exploration in frontier and mature basins to replace fast-depleting reserves and secure its production future, President of the Nigerian Association of Petroleum Explorationists [NAPE], Mrs. Cecilia Ajayi, has warned Ajayi raised the alarm while speaking at a high level strategic panel session at the 2026 NAEC Energy Conference, organized by […]
Dangote Petroleum Refinery and Petrochemicals has recorded a net profit of $4.73 billion in the nine months ended September 30, 2026, reversing a $117.2 million loss in the corresponding period of 2025, as revenue rose 144 per cent to $22.5 billion. The unaudited financial results, released in Lagos yesterday, showed a sharp improvement in the […]
Ghana has secured investment commitments of US$3.5 billion towards expanding operations and drilling new wells in the upstream petroleum sector, Minister for Energy and Green Transition Dr John Abdulai Jinapor has disclosed. According to Dr Jinapor, the commitments reflect growing investor confidence in Ghana’s petroleum industry following sustained engagement with investors and ongoing legal and […]
Ghana has recorded a 30% increase in crude oil production, reversing five years of decline and signalling renewed activity in its offshore oil sector. Minister of Energy and Green Transition John Abdulai Jinapor announced the increase during the opening fireside chat at African Energy Week (AEW) 2026 on Tuesday. He linked the growth to new […]
The Executive Director of the Centre for Environmental Management and Sustainable Energy (CEMSE), Benjamin Nsiah has called on government to develop a comprehensive strategic policy for Ghana’s petroleum refining and downstream sector to strengthen energy security and reduce the country’s exposure to global oil price shocks. He says a clear policy framework will help guide […]
Oil and Gas Development Company Limited (OGDC) has set a five year target to increase crude oil production by 68% to 60,384 barrels per day and natural gas sales by 46% to 1,167 million standard cubic feet per day by FY2030-31. APP quoting official documents reported that the company plans to raise crude oil production […]
Saudi Arabia is planning to ramp up pipeline capacity by 40% to avoid the Strait of Hormuz, after the kingdom leaned heavily on an existing cross-country conduit to export oil during the Iran war. As the kingdom struggles to fend off almost daily attacks on its energy and civilian infrastructure, Energy Minister Prince Abdulaziz bin […]