DOF Group has been awarded a subsea contract in Africa that it classifies as significant, a category the company defines as worth between $15 million and $25 million. The client, described only as a leading operator, was not named.
From now until 2050, the Organization of the Petroleum Exporting Countries (OPEC) forecasts an increase in global primary energy demand from the current 312 million-barrels-of-oil-equivalent-per-day (mboe/d) to nearly 383 mboe/d in 2050 – an increase of around 23% over the 25-year period, with growth almost entirely coming from developing countries, including Africa. In its 20th […]
According to the Energy Institute’s report, Statistical Review of World Energy, gas makes up 25% of the world’s primary energy supply, but only 17% of primary energy use in Sub-Saharan Africa (SSA), excluding North Africa. After several years of sporadic progress SSA gas is on the verge of a material break-out. This advent and the […]
The Minister of Energy and Green Transition, Dr John Abdulai Jinapor, has called for a balanced approach to Africa’s natural gas development, urging countries to strengthen domestic utilisation while pursuing export opportunities to enhance energy security and economic growth. He said linking natural gas production to power generation, industrial competitiveness and regional energy integration was […]
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 […]
THE Africa Gas & LNG Summit (AfGLNG) will take place in Maputo from 11-13 November 2026, bringing together government leaders, energy executives, investors and industry experts to examine how Africa can convert its gas resources into wider economic opportunity. The summit will be held at the Joaquim Chissano International Conference Centre, under the official patronage […]
On Monday, the Dangote Petroleum Refinery launched an initial public offering (IPO). It issued 4.1 billion ordinary shares, worth a total USD 1.6 billion (NGN 2.15 trillion), or a 3% stake in the company. The IPO, if fully subscribed, will be Africa’s largest ever, and the company could exercise an option to raise the offering […]
The planned Initial Public Offering (IPO) of the Dangote Group is being described as more than just a major share sale, with the company saying it could showcase Africa’s ability to build and manage large-scale industrial projects.
The prices of crudes from Canada, South America, and Africa have jumped in recent weeks as Chinese oil import demand is rising from a decade-low, benchmark prices rally, and Middle East supply remains disrupted.
Depleted oil and gas reservoirs and existing energy infrastructure across Africa are emerging as potential foundations for carbon capture and storage (CCS) development, offering producers a way to repurpose upstream assets while reducing emissions from hydrocarbon operations.