SLB’s OneSubsea joint venture has secured a contract from bp to provide a subsea boosting system for the Thunder Horse development in the deepwater Gulf of America/Gulf of Mexico, extending the operator’s use of standardized subsea processing technology across multiple offshore projects.
Technip Energies and its partners have secured an engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique.
ReconAfrica and its partners, NAMCOR and BW Energy, have begun production testing operations at the Kavango West 1X (KW1X) discovery in Namibia, marking a key step toward evaluating the commercial potential of the Damara Fold Belt play.
The Government’s push to refine more Ghanaian crude oil locally was partly driven by concerns over potential disruptions in global energy markets arising from escalating geopolitical tensions in the Middle East, according to Energy and Green Transition Minister, Dr. John Abdulai Jinapor.
The government has reiterated its commitment to processing more of Ghana’s natural resources locally, insisting that exporting crude oil while importing finished petroleum products is no longer sustainable for the economy.
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has described the Sentuo Oil Refinery as a strategic national asset that will strengthen Ghana’s industrial base, boost domestic refining capacity, and reduce the country’s dependence on imported petroleum products.
Ghana has begun processing its own Jubilee crude oil domestically for the first time, as one million barrels arrived at the Sentuo Oil Refinery in Tema.
Oil India has confirmed the presence of natural gas at its third exploratory well off the east coast of the Andaman Islands in India.
The auction, held under the Working Families Tax Cuts Act, is the first lease sale since the law’s enactment.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that the 2026 Licensing Round will commence latest by third quarter of 2026 having received the approval of the Minister of Petroleum Resources in line with the Petroleum Industry Act.