West Africa

News
November 28, 2024
The African Energy Chamber (AEC) has voiced its support for the inaugural Congo Energy & Investment Forum (CEIF), set to take place in March 2025. This milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent.
News
November 15, 2024
On the back of a series of policy reforms and regulatory changes, Ghana has positioned itself as a globally competitive oil and gas market, with ambitious energy targets and goals to boost oil production while stimulating development across the natural gas value chain.
News
November 11, 2024
(Bloomberg) — Nigeria expects a 30% increase in crude and condensate output as authorities strengthen security around the nation’s oil infrastructure and incentives in the sector attract investment, even though the gain could cross its OPEC+ commitment to limit production.
News
November 05, 2024
(Bloomberg) – Chevron Corp. has expanded its exploration acreage in African oil producers including Nigeria and Angola, where it sees the potential for a production revival despite years of decline. 
News
October 31, 2024
Panoro Energy has announced that following the provisional award of a 25% participating interest in two exploration blocks offshore shallow water Gabon, final terms have been agreed with the government of Gabon for production sharing contracts (PSCs) covering the two blocks.
News
October 21, 2024
Nigeria approved Exxon Mobil Corp.’s sale of its onshore oil and gas assets to domestic energy supplier Seplat Energy Plc, but rejected a similar deal by Shell Plc.
News
October 11, 2024
Nigerian National Petroleum Corp. (NNPC) and partners including Shell, TotalEnergies and Agip struck a landmark deal to sell gas to the methanol-manufacturing project of the country’s Brass Fertilizer & Petrochemical Co. Ltd.
News
October 11, 2024
Shelf Drilling, Ltd. has secured new contracts for two jack-up rigs in offshore Nigeria, paving the way for a fully executed three-year contract for the Achiever jack-up rig, and expanding their operations in West Africa.
News
August 23, 2024
Senegal’s government set up a commission to examine natural-resource contracts awarded to foreign investors and establish whether they comply with the West African nation’s laws, Prime Minister Ousmane Sonko said.
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
March 08, 2024
The well encountered light oil, gas, and condensates in various intervals of Cenomanian age characterized by good to excellent permeability values. Preliminary assessments indicate potential resources ranging between 1 and 1.5 Bboe.
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
August 29, 2023
Borr Drilling Limited announced that its premium jack-up rigs, Prospector 5 and Natt, have received a Letter of Award for work in West Africa, in direct continuation of their current contracts.
News
July 17, 2023
The initial three-year, multi-million dollar contract will see Petrofac’s Asset Solutions business providing integrated services for the Espoir Ivoirien Floating Production Storage and Offloading (FPSO) vessel.
News
March 28, 2023
In an exclusive interview with the African Energy Chamber, Foday B. L. Mansaray, Director General of Sierra Leone’s Petroleum Directorate, spoke on the country’s exploration agenda to develop its hydrocarbon-rich, ultra-deep basins
News
March 23, 2023
Decom deployed its C1-24 chop saw in water depths of up to 1,050 meters as part of a decommissioning operation to recover a jumper connector on behalf of Total Energies in the Gulf of Guinea, offshore the Democratic Republic of Congo.
News
March 01, 2023
The contract includes the seventh-generation drillship named Deep Value Driller, one of the most modern in the world.
News
February 06, 2023
Golar LNG Limited will acquire New Fortress Energy’s (NFE) ownership stake in FLNG Hilli in exchange for for Golar’s remaining 4.1 million shares in NFE and $100 million cash.
News
January 30, 2023
Sierra Leon is seeking to advance in its nascent oil and gas sector. The country is offering over 63,000 km2 of highly prospective acreage, with which the Petroleum Directorate has invited investors to engage through block and technical data acquisition.
News
January 26, 2023
Under the contract, Expro will be responsible for designing, building, operating, and maintaining the onshore LNG pre-treatment facility. The plant will be able to process roughly 80 MMcfgd.
News
January 19, 2023
Decklar and Millenium restarted production from the Oza Oil Field at a total production rate of approximately 1,300 bopd.
Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.