East Africa
News
July 26, 2024
TotalEnergies sold its stake in 18 Nigerian onshore oil licenses to Chappal Energies. This reflects a trend of junior explorers and African national oil companies acquiring onshore assets as global majors focus on offshore projects.
News
April 24, 2023
The West Capella vessel has already started initial drilling at the Raia-1 well that will explore what could be a new oil and gas basin off Mozambique’s coast.
News
December 28, 2022
Genel Energy owns oil blocks in Somaliland. However, the region isn’t recognized as a sovereign state by any other nation. Any investors seeking to operate in Somalia must comply with the nation’s constitution.
News
December 14, 2022
The most recent South Sudan acquisition is set to usher in new opportunities for energy security and affordability in Africa on the back of new exploration and production drives by independents.
News
November 17, 2022
The Democratic Republic of Congo must be compensated if it’s to halt plans for oil and gas drilling in the world’s biggest tropical peatlands, which store three years of annual global carbon emissions, the country’s vice prime minister for environment said.
News
October 21, 2022
Coastline Exploration Limited confirmed it has received final authorization for it to proceed with its exploration program from the competent authorities within the Federal Government of Somalia
News
September 12, 2022
Uganda said it expects all potential lenders for the country’s planned $4 billion crude export pipeline to make their commitments by the end of November, smoothing the way to a targeted production start-up in early 2025.
News
August 29, 2022
Mozambique will have to wait a little longer to join the ranks of the world’s liquefied natural gas exporters, after a vessel that was destined for its first offshore production platform changed course at the weekend and sailed away.
News
August 04, 2022
The search for natural gas has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.
News
June 13, 2022
Wentworth Resources, an independent, Tanzania-focused natural gas production company, announces that it has reached agreement with Scirocco Energy plc to acquire its 25% non-operated working interest in the Ruvuma Production Sharing Agreement, in Tanzania.
News
June 02, 2022
African hydrocarbon producing countries are increasing oil and gas licensing rounds to be able to stabilize supply of hydrocarbons in years to come to meet growing energy demand as output in legacy projects declines.
News
May 25, 2022
Petrodel Resources Ltd., oil and gas reserves development and energy company, has announced its intention to revive its operations in Tanzania.
News
April 25, 2022
Libya’s oil ministry said fields shut down by protesters may reopen within days, potentially allowing the OPEC member to get back to full production.
News
March 14, 2022
Schlumberger announced it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda.
News
March 10, 2022
New projects and greenfield investments in emerging oil and gas producing countries such as Uganda will increase capital spending in Africa in 2022 and beyond as the continent seeks to ensure a secure gas and oil supply to meet local demand and expand exports.
News
February 21, 2022
Somalia has signed a deal with Coastline Exploration Ltd. to search for hydrocarbon offshore that it expects to generate millions of dollars in revenue.
News
February 02, 2022
The final investment decision taken on Lake Albert Resources Development Project is the second-largest FID taken in the oil and gas industry in the last two years, said an oil and gas analyst at GlobalData.
News
February 01, 2022
TotalEnergies and its partners reached a final investment decision worth over $10 billion to produce Uganda’s oil discoveries and build a pipeline that will turn the country into a significant crude exporter.
News
January 25, 2022
Tanzania has selected U.S. law firm Baker Botts LLP as an adviser to help conclude talks with international oil companies over a long-delayed $30 billion liquefied natural gas terminal.
News
January 29, 2021
While progress has been made in recent years on the commercial framework for the Tanzania LNG project, overall project economics have not yet improved sufficiently to justify keeping it on the balance sheet, Equinor said in a statement.
News
January 18, 2021
Mozambique has struggled to contain an insurgency that has left more than 2,500 people dead and caused 570,000 to flee. The violence this year prompted Total SE to evacuate workers from its $20 billion liquefied natural gas project as attacks encroached on what is Africa’s biggest private investment.
