News
December 27, 2023
Equatorial Guinea will leverage OPEC cooperation to address challenges and exploit opportunities associated with the energy transition, the African Energy Chamber has learned.
News
December 27, 2023
The Sangomar Field Development Phase 1 includes a stand-alone FPSO with subsea infrastructure and an expected production capacity of approximately 100,000 bpd. 
News
December 27, 2023
The three licenses cover an area of approximately 8,700 km2 in the deep and ultra-deep waters of the Angolan offshore.
News
December 23, 2023
Extension of the permit is in line with the country’s drive to boost recoverable oil from current levels of 1.4 Bbbl, according to the statement.
News
December 23, 2023
OPEC nations Iraq, Nigeria and the Republic of Congo affirmed their commitment to the oil-producer group following the exit of Angola last week.
News
December 21, 2023
Angola announced it’s leaving OPEC following 16 years of membership amid a dispute over oil production quotas, while the cartel tries to buoy global prices.
News
December 15, 2023
Invictus Energy Ltd. has made a second gas discovery in the Mukuyu-2 well at its 80% owned Cabora Bassa project in Zimbabwe. The findings in both the Upper and Lower Angwa reservoirs substantially increase the resource potential in the Mukuyu gas field.
News
December 14, 2023
Serving as a testament to the value of U.S.-Africa collaboration, the partnership will support a wide range of projects from international, national, major and independent energy companies.
News
December 14, 2023
Oil and gas will play an instrumental role in Africa’s economy for decades to come, and as such, African producers will not agree to any phase-out of these resources.
News
December 13, 2023
In this second phase, the aim is to produce 15,000 tonnes of LPG at the new Batanga facility, located in the Etimboué department in Ogooué-Maritime province, to supply the national market.
News
December 13, 2023
Africa still needs time – time that the Western world has already had and, frankly continues to milk – to resolve energy poverty and industrialize.
News
December 12, 2023
The presence of nearby hydrocarbon accumulations in older reservoirs, coupled with the evidence of oil charge to Upper Miocene units, provides great encouragement that the reprocessed ANG Block 16 dataset can lead to further exploration success.
News
December 07, 2023
The Ramform Sovereign is scheduled to mobilize for the survey in December, and the contract has a total duration of approximately 50 days.
News
December 07, 2023
Energean plc has farmed into Chariot Limited’s acreage offshore Morocco, which includes the 18 Bcm Anchois natural gas development and significant exploration potential. 
News
December 07, 2023
Four samples from the Mukuyu-2 well at the Cabora Bassa project showed the presence of natural gas, the company said in a statement.
News
December 04, 2023
(WO) — In an era when Africa needs oil and gas investments more than ever, attracting those investments has become increasingly difficult. Part of the challenge lies in the mounting pressure on oil companies to shift their focus from exploration and production to investments in renewable energy in response to global emissions-reduction goals.
News
December 04, 2023
(WO) — AGR has secured the well management contract with Apus Energia Guinea-Bissau S.A. for a deepwater exploration well in the Sinapa license offshore Guinea-Bissau, with drilling set to commence in summer 2024.
News
December 01, 2023
Angola, Africa’s second-largest crude producer, will produce 1.18 MMbpd from January, above the 1.11 MMbpd quota set out in the OPEC agreement on Thursday.
News
November 29, 2023
Since production started in 2008, the Agbami field has produced more than 1 Bbbl of oil, creating value for the partners and the Nigerian society.
News
November 28, 2023
The stalemate may not be resolved before the scheduled OPEC meeting on Nov. 30, potentially requiring a further delay, one delegate said.
News
November 27, 2023
The Mopane exploration well, which has been spud, is the first of two wells which are scheduled to be drilled by the semi-submersible rig Hercules under a contract that provides for two wells and optional testing.
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