With Uganda announcing that its estimate of recoverable oil and gas resources has increased to 1.65 billion barrels, the country is one step closer commencing commercial production. It is an…
The 4th edition of the Namibia Oil and Gas Conference and Exhibition (NOGC) takes place in Windhoek from 18–20 August 2026, with an expanded programme focused on collaboration, local opportunity…
Africa’s oil & gas industry continues to attract investment as new discoveries and frontier basins drive exploration activity across the continent. In 2025, several high-impact projects will shape the sector,…
The African Energy Chamber (AEC) has announced its highly anticipated list of Africa’s Top 40 Movers and Shakers to Watch in 2025. This year’s lineup features a dynamic mix of…
The Middle East presents a compelling opportunity for South African mining companies seeking international expansion. Key market entry strategies Forming strategic partnerships and joint ventures emerges as a critical approach…
South African Minister of Mineral Resources and Energy, Gwede Mantashe, made a direct appeal to investors at the 30th AOW: Investing in African Energy Conference: “Investors, we are not saying…
The winners of the Angola Oil & Gas (AOG) Awards were officially announced during the event’s Gala Dinner and Award Ceremony. Celebrating the achievements of oil and gas companies active…
The key to the successful, long-term development of a country’s natural energy resources can be a government that is willing to partner with energy companies to share risks as well…
Namibia, a nation renowned for its breathtaking scenery and abundant wildlife, is becoming more and more well-known for its booming oil & gas industry. Namibia is quickly rising to the…
Nigeria, a previous bright spot on big oil and gas investors’ radar screens, has dimmed substantially as investor attention is increasingly drawn to new and emerging developments in Namibia, Ivory…
The major players on the world energy production stage are well known, and particularly in the field of oil and gas, where most of them have been in the game…
French major TotalEnergies announced the sale of its stake in 18 oil mining licences (OMLs) in Nigeria – the majority of which are onshore – to Mauritius-based company Chappal Energies…
In a milestone transaction, Reconnaissance Energy Africa (ReconAfrica) has divested a 20% working interest in Petroleum Exploration Licence 73 onshore Namibia to Oslo-listed oil and gas player, BW Energy. The…
In a bid to solidify its position as a key player in the global energy market, Angola has set its sights on ramping up oil and gas production to counter…
Business Interruption is the primary concern for the oil & gas sector in 2024, according to the Allianz Risk Barometer. It is followed by Energy Crisis (34%), Climate Change (32%),…
Angola’s oil & gas industry is growing rapidly, with a $60-billion investment pipeline planned for the next five years, a 2025 limited tender on the cards, and industry reforms offering…
Siemens and PE Energy have announced their strategic partnership, aimed at enhancing the landscape with advanced industrial automation systems, motion and drives, as well as process instrumentation across Nigeria. This…
Multinational energy company TotalEnergies acts as a key contributor to economic growth and tax revenues in the markets in which it operates, extending beyond its core oil and gas exploration…
Ndapwilapo Selma Shimutwikeni, CEO and founder of RichAfrica Consulting, explores how Namibia’s focus on local content is set to unleash a wealth of opportunities for the local population, building on…
Multinational energy corporation Chevron has signed two risk service contracts (RSCs) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower Congo Basin. The company –…
The African Energy Chamber (AEC) – led by executive chairperson NJ Ayuk – met with Sonangol CEO Sebastião Gaspar Martins in Luanda last week, where the parties discussed Sonangol’s vision…
ExxonMobil could inject as much as $15 billion into the development of Angola’s hydrocarbon reserves by 2030, following the success of commercial oil discoveries in the southern African country. The…
The six-year licensing round launched by Angola’s national concessionaire – the National Oil, Gas & Biofuels Agency (ANPG) – has been a cornerstone in the country’s strategy to attract and…
Continental group, the African Petroleum Producers’ Organization (APPO), in collaboration with multilateral financial institution, the African Export-Import Bank (Afreximbank), has signed the requisite documents for the establishment of the Africa…
Angola plans to maintain oil production at 1.1 million barrels per day (bpd) until 2027, thereafter increasing output to over 2 million bpd to stimulate economic growth. As the linchpin…
A new milestone has been reached in Angola as energy major TotalEnergies and its partners on Block 20/11 announced a final investment decision (FID) for the Cameia and Golfinho fields.…
African civil society, human rights groups, environmental groups, governments and the private sector stand firm in their commitment to align Africa’s efforts in combating energy poverty and fostering industrialisation, all…
Multinational oil service company Halliburton is inviting eligible local companies to submit an expression of interest (EOI) for the supply of goods and services across the oil & gas industry.…
As part of the country’s six-year licensing round launched in 2019, Angola will open its next international tender in 2025. Currently, the National Oil, Gas & Biofuels Agency (ANPG) –…
International energy company Azule Energy has officially farmed-in to Namibia’s offshore Block 2914A with the signing of an agreement with exploration company Rhino Resources Namibia. The transaction marks Azule’s entry…
Oil and gas company Trident Energy has secured agreements with multinational energy companies Chevron and TotalEnergies to obtain stakes in the Republic of Congo’s oil fields. The deal with Chevron…
Senegalese President Macky Sall’s 12-year tenure is set to come to an end on 2 April this year. As he leaves his term in office, he also leaves behind a…
Bosch Rexroth Africa recently supplied and installed a custom environmentally friendly and dust-proof lubrication dispensing system for a leading earth-moving equipment supplier. Used in workshop service bays, the solution consists…
Angola’s national oil company (NOC) Sonangol has increased its competitiveness and capacity as an operator through a privatisation process initiated by the government – set to be complete by 2026.…
Ghana is implementing a strategic agenda to rejuvenate its oil & gas sector, aiming to achieve universal access to electricity by 2030 while propelling industrialisation. With proven oil reserves of…
Africa’s burgeoning oil market, accounting for more than 10% of the global oil output, plays a vital role in meeting global energy demand, shaping energy security and stabilising the global…
Custos Energy (Pty) Ltd has provided the following update regarding the ongoing exploration campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin, emerging as one…
The prospects for offshore oil and gas exploration have resulted in Namibia becoming a hot spot for hydrocarbon investment in recent years. Meanwhile, the country’s ambition to become a global…
With 180 million barrels of proven oil reserves – and up to 5 billion of estimated oil reserves – the Democratic Republic of the Congo (DRC) is embarking on an…
As the continent’s largest trading partner, China has played an active role in harnessing Africa’s energy resources and developing critical infrastructure to date. As the country seeks to secure future…
Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetise its gas resources and become a leading liquefied natural gas (LNG) exporter…
The Republic of Congo is a mature hydrocarbon market with proven resources, numbering 1.8 billion barrels of oil reserves and 284 billion cubic metres of natural gas reserves. Despite this,…
Namibia expects to produce first oil by 2030, with development plans underway for the eight discoveries made in the Orange Basin since 2022. This string of upstream success will not…
Under efforts to enhance Gabon’s position as a competitive oil & gas market, Gabon Oil Company (GOC) has acquired the Gabonese assets of United States private equity firm Carlyle –…
As the 2023 UN Climate Change Conference, the 28th Conference of Parties (COP28), in Dubai drew to a close, the air was thick with determination among the 200 delegates. Acknowledging…
The African Energy Chamber (AEC) – the voice of Africa’s energy sector – is pleased to officially endorse and act as a strategic partner to the Africa Energy Technology Conference,…
In an exclusive interview with Energy Capital & Power, Maggy Shino, petroleum commissioner of Namibia’s Ministry of Mines and Energy, discusses the country’s efforts to fast-track development of breakthrough discoveries…
The African Energy Chamber (AEC) – the voice of Africa’s energy sector – has signed a historic Memorandum of Understanding with the African Petroleum Producers’ Organization (APPO) in Brazzaville. Under…
British multinational oil and gas company Shell has decided to sell the Shell Petroleum Development Company of Nigeria Limited (SPDC) – which owns onshore oil assets in Nigeria’s Niger Delta…
Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement and thoughtful…
The African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3-billion crude oil prepayment facility sponsored by the Nigerian National Petroleum Company Limited (NNPC). An initial disbursement of US$2.25 billion…
Kontinental Energy Services (KES) has partnered with United States–based upstream oil & gas corporation Gulfstream Services Inc. (GSI) for the provision of tools and services. The partnership carries the dual…
The first edition of Invest in African Energy (IAE) in Paris, organised last June, successfully catalysed European interest in Africa’s burgeoning energy sector. The forum united thought leaders, government officials,…
Angola’s attractiveness as an energy investment destination continues to grow as market-focused policies, strong political will and untapped oil, gas and renewable energy resources present lucrative opportunities for foreign players.…
In a major step toward boosting Nigeria’s domestic refining capacity and attaining energy security (self-sufficiency), Dangote Petroleum Refinery and Petrochemicals plant has purchased 1 million barrels of Agbami crude grade…
