News
March 17, 2026
bp has started gas production from the Quiluma field offshore Angola as part of the New Gas Consortium project, the country’s first non-associated gas development supplying feedstock to the Angola LNG facility for export.
News
March 16, 2026
Eni has discovered more than 1 Tcf of gas in two offshore Libya exploration wells near the Bahr Essalam field. The finds could be rapidly developed through tie-backs to existing infrastructure to supply domestic demand and exports to Italy.
News
March 12, 2026
Assala Energy has encountered hydrocarbons at the Magoga-A exploration well in the Mutamba Iroru Licence II offshore Gabon, confirming an 8-meter hydrocarbon interval in the Gamba Sandstone formation.
News
March 10, 2026
Chevron has appointed exploration veteran Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, strengthening the company’s strategy to pursue new upstream discoveries across frontier African basins, the Gulf of Mexico, Guyana and other key global oil provinces.
News
March 06, 2026
Angola says rising oil prices are positive for government revenues but warns the rally driven by Middle East tensions may be temporary and could increase the country’s import costs.
News
March 05, 2026
Nigeria President Bola Tinubu met with Eni CEO Claudio Descalzi to discuss deepwater development projects, including the Zabazaba-Etan fields, following the conversion of OPL 245 into new development and exploration licenses.
News
March 04, 2026
The African Energy Chamber has signed a cooperation agreement with Venezuela’s energy ministry and PDVSA to expand upstream investment, gas development and energy trade between Africa and the South American producer.
News
February 27, 2026
Venezuela’s PDVSA and Hydrocarbon Ministry have signed a memorandum of understanding with the African Energy Chamber to strengthen oil and gas investment, upstream cooperation and joint energy development initiatives.
News
February 25, 2026
Angola’s state oil company Sonangol is continuing preparations for a potential IPO, despite being removed from the country’s current privatization list. The listing remains a key part of Angola’s strategy to improve transparency and attract foreign investment.
News
February 24, 2026
Murphy Oil has plugged the Caracal-1X exploration well as a dry hole offshore Côte d’Ivoire but plans to proceed with the Bubale-1X prospect in its three-well West Africa campaign.
News
February 24, 2026
Technip Energies has secured a contract to advance the Coral Norte FLNG project offshore Mozambique, reinforcing the country’s second floating LNG development in the Rovuma basin.
News
February 24, 2026
Vaalco reports 2,000-bopd initial production from its Etame well offshore Gabon while advancing a 102-MMboe Côte d’Ivoire project that could reshape its West Africa growth profile.
News
February 20, 2026
The African Energy Chamber will lead a delegation to Venezuela to explore upstream investment and strengthen oil and gas cooperation between African and Venezuelan energy stakeholders, as both regions seek to expand production and global partnerships.
News
February 20, 2026
Tullow Oil has signed a $205 million agreement to acquire the FPSO serving the TEN fields offshore Ghana, a move expected to reduce lease costs and improve long-term project economics on the Deepwater Tano block.
News
February 20, 2026
Ghana’s parliament has ratified license extensions for the Jubilee and TEN fields through 2040, enabling new drilling and investment plans by Kosmos Energy and partners while supporting higher oil and gas output and domestic gas supply.
News
February 19, 2026
Cameroon has opened bidding for nine upstream oil and gas blocks across the Rio del Rey and Douala/Kribi Campo basins, offering data-rich exploration opportunities near existing production with proposals due by March 30, 2026.
News
February 19, 2026
Chariot plans to raise $20 million to fund Etu Energias’ acquisition of offshore Angola oil assets, gaining exposure to up to 4,000 bopd production.
News
February 19, 2026
Nigeria has ordered state oil company NNPC to remit more oil and gas revenue from production-sharing contracts to the federation account, eliminating key deductions in a move aimed at strengthening public finances and reshaping fiscal policy for the upstream sector.
News
February 17, 2026
Eni has discovered significant gas and condensate volumes offshore Côte d’Ivoire at the Murene South-1X well in Block CI-501, confirming the potential of the Calao channel complex.
News
February 16, 2026
The African Energy Chamber is urging stronger local content policies and inclusive investment practices across Africa’s oil and gas sector as exploration and production activity expands across the continent.
News
February 14, 2026
Azule Energy has discovered a potential 500-million-barrel offshore oil accumulation in Angola’s Block 15/06, with appraisal planned to determine recoverable volumes and development options near existing infrastructure.
