News
February 04, 2026
Chevron and Equatorial Guinea have signed an agreement boosting GEPetrol’s stake in the Aseng gas project, strengthening state participation and supporting expanded gas monetization through existing LNG infrastructure.
News
February 02, 2026
Namibia’s push toward first oil is being driven by partnerships and dealmaking across its offshore basins. Farm-ins, portfolio reshuffling and joint appraisal programs at Venus and Mopane highlight growing confidence in the country’s deepwater potential as operators work to de-risk projects and accelerate development timelines.
News
January 30, 2026
TotalEnergies and Galp are advancing offshore development plans in Namibia’s Orange basin, with a potential 2026 FID targeted for the Venus discovery and a three-well appraisal program planned at Mopane next year.
News
January 29, 2026
Mozambique LNG has fully restarted onshore and offshore construction activities after lifting force majeure declared in 2021, with more than 4,000 workers mobilized at the Afungi site and first LNG now targeted for 2029, according to project partners and the Mozambican government.
News
January 28, 2026
Nigeria has included four frontier oil blocks in the Lake Chad basin in its latest licensing round, despite ongoing security challenges in the region, as the country seeks to boost reserves and raise crude output toward long-term production targets.
News
January 28, 2026
Africa is expected to remain the world’s most active region for high-impact oil and gas exploration drilling in 2026, driven by continued interest in ultra-deepwater and frontier basins, according to new analysis from Rystad Energy.
News
January 27, 2026
NNPC and Chevron have confirmed a hydrocarbon discovery at the Awodi-07 well offshore Nigeria, with results indicating multiple productive reservoir zones in the western Niger Delta.
News
January 27, 2026
Former OPEC president and Nigerian oil minister Diezani Alison-Madueke has gone on trial in London, accused of accepting cash bribes and luxury benefits in exchange for awarding oil-sector contracts during her time in office.
News
January 23, 2026
Shell and partners are evaluating development of Nigeria’s Bonga South West deepwater oil field, a project that could attract up to $20 billion in investment and deliver peak production of 220,000 bpd from an estimated 820 million barrels of reserves.
News
January 20, 2026
Equatorial Guinea is seeking about $300 million in oil and LNG prepayment deals with commodity traders to help finance upstream operations as production continues to decline.
News
January 15, 2026
TotalEnergies has partnered with BluEnergies to advance seismic reprocessing and subsurface studies across the Harper basin fan play offshore Liberia.
News
January 14, 2026
TotalEnergies has signed a sale and purchase agreement to divest its 10% non-operated oil interest in Nigeria’s Renaissance JV, formerly the SPDC joint venture, as part of its portfolio optimization strategy.
News
January 12, 2026
Akrake Petroleum is preparing to restart oil production at the Sèmè field offshore Benin in the Gulf of Guinea, targeting first oil in late January 2026. With upgraded offshore facilities in place, the project marks a renewed push to revive legacy offshore production in West Africa.
News
January 08, 2026
Sonatrach and Ghana National Petroleum Corporation have signed an R&D partnership under African Petroleum Producers Organization to advance upstream technology, digitalization and sustainable hydrocarbon development across Africa.
News
January 06, 2026
Shell has agreed to acquire a 35% stake in two blocks offshore Angola through a farm-in with Chevron’s subsidiary, reflecting continued IOC interest in approved West Africa exploration despite regional production decline.
News
January 05, 2026
Mozambique LNG illustrates how shifting climate policies, security assessments and political priorities in key financing countries are slowing African LNG projects, raising costs and extending development timelines across the continent.
News
January 02, 2026
Chevron has delivered first oil from its South N’dola platform offshore Angola, bringing new production online in Block 0 through a tieback to existing offshore infrastructure.
News
January 01, 2026
Nigeria’s upstream sector is shifting as Tony Elumelu’s Heirs Holdings buys into Seplat Energy, strengthening domestic control and signaling continued M&A momentum in Africa’s largest oil producer.
News
December 31, 2025
Nigeria’s NNPC is preparing to develop new oil fields beginning next year as part of a plan to boost national output and raise up to $30 billion by 2030. The state-owned producer is also weighing divestments of non-performing assets and expects to launch bid rounds early in 2026.
News
December 31, 2025
African producers are turning regulatory reform into real upstream gains. From Angola’s $70B project pipeline to Nigeria’s accelerated licensing and Congo’s LNG expansion, policy shifts are reshaping investment across the continent.
News
December 31, 2025
Gabon is advancing major energy-sector reforms aimed at boosting upstream investment, separating its hydrocarbons framework into new oil and gas codes and unlocking deepwater potential. Growing production, offshore exploration agreements with bp and ExxonMobil, and LNG megaprojects position Gabon as a rising player in Africa’s oil and gas landscape.
