CIMC Raffles, a subsidiary of CIMC Group, has secured engineering, procurement, and construction (EPC) contracts from Seatrium for the supply of the hulls for two floating production storage and offloading (FPSO) units being built for Brazil’s national oil and gas company Petrobras.
SapuraOMV Upstream Sdn. Bhd., the operator of the Jerun field in Malaysia, announced that first gas has been achieved. Shell plc has a 30% equity stake in the field, through its Malaysian subsidiary, Sarawak Shell Berhad, and made a final investment decision on the development in 2021
The Nigerian government has reached an agreement with international oil companies, paving the way for the sale of crude oil to domestic refiners at market prices.
South Africa’s industrial gas users are planning to form a company that will ensure supply after the sole provider of the fuel said it will halt the flow in 2026.
Nigeria’s daily oil production rose by 25,000 barrels per day, increasing from 1.251 million barrels per day in May to 1.276mbpd in July.
Planned FIDs on new offshore gas projects in Southeast Asia could lead to $100 billion of investments, according to Rystad Energy.
Key global energy companies including Vitol, Africa Oil Corp and ERHC Energy Inc. are ready to present Africa’s premier energy sector opportunities at the Invest in African Energy reception in London organised by the African Energy Chamber (AEC).
African intergovernmental organization the African Petroleum Producers Organization (APPO) held an executive retreat to discuss the future of the African oil and gas sector amidst the ongoing energy transition on July 8-9. The retreat was in preparation for the opening ceremony of APPO’s 18th Executive Board Meeting which will be held on Thursday June 11, where the Republic of the Congo’s Minister of Hydrocarbons Bruno Jean Itoua and APPO’s Alternate President will give an opening address.
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The Invest in African Energy (IAE) forum in Paris has unveiled its 2025 theme: Pioneering Africa’s Energy Boom: Strategic Investment for Maximum Returns. This year’s event focuses on drawing in new technical and financial partners to harness the vast potential of Africa’s energy sector – driving growth and returns on investment.