Category:

Oil & Gas

African oil and gas news: production, upstream investment, refining, licensing rounds and energy policy across producing countries.

Africa AFRICA NEWS Energy INVESTMENT Oil & Gas
Federal Government of Nigeria witnesses deal inked for the investment, development, and financing of the $20B Ogidigben Gas Project
by Radarr Africa January 18, 2025
by Radarr Africa January 18, 2025
ln a significant step toward advancing Nigeria’s industrialization ambitions, Alpha Grip Management Company (AGMC), a subsidiary of UAE-based Alpha Group, has partnered with China National Chemical Engineering International Corporation Ltd. …
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Africa AFRICA NEWS Business Energy Nigeria Oil & Gas
Dangote becomes world’s 65th richest person as refinery boosts fortune to over $27 billion
by Radarr Africa October 18, 2024
by Radarr Africa October 18, 2024
Nigerian billionaire Aliko Dangote’s mega-refinery, Dangote Oil Refinery has propelled his net worth to $27.8 billion, securing his position as the 65th richest individual on Bloomberg’s Billionaires Index. This increase of …
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Africa AFRICA NEWS Energy Nigeria Oil & Gas Western Africa
Compass Survey Ltd Signs Strategic Contract with Seabot Maritime, UK, for Technical Consultancy and Advanced USV Training.
by Radarr Africa September 16, 2024
by Radarr Africa September 16, 2024
Compass Survey Limited, a company providing survey and positioning services to the Nigerian oil and gas industry, is proud to announce the award of a significant new contract with SeaBot …
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Africa AFRICA NEWS Energy Oil & Gas
TotalEnergies says will quit South African offshore gas block
by Editor July 31, 2024
by Editor July 31, 2024
TotalEnergies (TTEF.PA), a major French oil company, announced on Monday its decision to exit an offshore natural gas block located off the southern coast of South Africa due to the …
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Africa AFRICA NEWS Energy Oil & Gas
Court Rules Oando Minority Shareholders Cannot Be Forced to Sell Their Shares
by Editor July 18, 2024
by Editor July 18, 2024
The Federal High Court, Lagos Division, has ruled that minority shareholders of Oando Plc cannot be compelled to sell their shares against their will. The verdict was delivered by Justice …
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Africa AFRICA NEWS Energy Oil & Gas
Egypt to Expand Its Oil Influence with $1.2 Billion Investment
by Editor July 18, 2024
by Editor July 18, 2024
Egypt has unveiled a significant investment in its oil industry for the 2024/2025 fiscal year, with plans to inject $1.2 billion into drilling 110 exploratory wells. Minister of Petroleum and …
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Africa AFRICA NEWS Energy Oil & Gas
Angola Environmental Services Joins Angola Oil & Gas (AOG) 2024 as Silver Sponsor
by Editor July 8, 2024
by Editor July 8, 2024
Angola plans to increase oil production to 1.1 million barrels per day (bpd) until 2027, thereafter maintaining output at this level. To support production growth, the country is promoting investment …
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Africa AFRICA NEWS Energy Oil & Gas
Oando Calls for Increased Crude Oil Extraction in Nigeria Amid Energy Transition Pressure
by Editor July 8, 2024
by Editor July 8, 2024
Oando Energy Resources emphasized the importance of Nigeria being proactive in extracting its abundant crude oil reserves to support its socio-economic growth and industrialization amidst the challenges of energy transition. …
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Africa AFRICA NEWS Energy Oil & Gas
TotalEnergies to Exit Gas Field Offshore South Africa in Blow to Country
by Editor July 3, 2024
by Editor July 3, 2024
TotalEnergies, a major French oil company, has notified South Africa’s petroleum regulator that it plans to exit the 11B/12B offshore gas field, indicating a major setback for the country’s energy …
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Africa AFRICA NEWS Energy Oil & Gas
Niger Considers Routing Oil Through Chad After Benin Dispute
by Editor June 28, 2024
by Editor June 28, 2024
Niger is exploring alternative routes for its oil exports through Chad, following a protracted dispute with Benin that has disrupted its current export pipeline. This strategic shift aims to ensure …
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