It is not an exaggeration to say that South Africa’s offshore gas discoveries offer up a potential economic transformation for the country that would be on par with Guyana’s oil-driven boom or Suriname’s emerging energy sector.
The Minister for Energy and Green Transition, John Abdulai Jinapor, has paid a working visit to the Ghana National Petroleum Corporation (GNPC) and its subsidiary, GNPC Explorco, as part of his ongoing tour of agencies under the Ministry.
The Minister for Finance, Dr Cassiel Ato Forson, has presented the 2026 Budget Statement and Economic Policy with a candid assessment of the nation’s petroleum sector, highlighting a significant slump in 2025 and outlining an ambitious reform to ensure oil wealth benefits domestic development
ExxonMobil is expanding its exploration portfolio offshore Greece with a new farm-in agreement for a block in the northwestern Ionian Sea.
ADNOC investment powerhouse XRG is eyeing participation in the 12-million-tpy Argentina LNG project and has signed a preliminary deal with Eni and YPF, the companies said on Tuesday.
Egypt has launched a new international bidding round for oil and gas exploration in the Red Sea. The announcement was made on November 4, 2025, by Minister of Petroleum and Mineral Resources Karim Badawy during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025). The tender covers the offshore blocks RS-1, RS-2, RS-3, and RS-4.
Egypt’s Ministry of Petroleum and Mineral Resources has signed two agreements with SLB and Viridien to deploy advanced seismic technologies and extend the Egypt Upstream Gateway (EUG) digital platform in the East Mediterranean, the company said.
Acting Chief Executive Officer of the Ghana National Petroleum Corporation, Kwame Ntow Amoah, has reaffirmed the Corporation’s leadership in revitalising Ghana’s upstream petroleum sector.
SLB has launched Tela, an agentic AI assistant designed to transform oil and gas exploration and production workflows, the company said on Monday.
Africa’s oil and gas industry is entering a new phase of consolidation and exploration as mergers, acquisitions, and fresh licensing rounds reshape the continent’s upstream landscape heading into 2026.