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.
News
December 23, 2025
Libya has launched a 22-block bid round with revised fiscal terms designed to lure global energy investors, but analysts warn that political and infrastructure risks could determine whether the country’s upstream revival gains lasting traction.
News
December 22, 2025
Invictus Energy has completed the PSA process for its Cabora Bassa project in Zimbabwe, clearing the path for appraisal of the Mukuyu gas field and new exploration drilling.
News
December 22, 2025
Heirs Energies has secured a $750 million financing facility from Afreximbank to accelerate field development, boost production and support long-term growth in Nigeria.
News
December 19, 2025
Aminex said pipeline construction and upstream work at Tanzania’s Ntorya gas project are advancing, keeping the development on track for first gas in 2026.
News
December 19, 2025
TechnipFMC has secured a major subsea EPCI contract from Eni for the Coral North FLNG project offshore Mozambique, covering flowlines, risers, manifolds and umbilicals in ultra-deepwater.
News
December 17, 2025
SBM Offshore has signed a contract extension to continue leasing and operating the FPSOs Mondo and Saxi Batuque on Angola’s Block 15 through 2032, with life-extension and refurbishment work set to begin in 2026.
News
December 15, 2025
International operators are lining up for new acreage across the MSGBC basin, with rising interest in The Gambia, Guinea-Bissau and deepwater frontier zones. As governments update fiscal terms and accelerate de-risking efforts, the region is positioning itself as West Africa’s next exploration hotspot.
News
December 12, 2025
BW Energy has entered Angola with new stakes in Block 14 and 14K, adding immediate production and opening the door to long-term West Africa growth. The Chevron-operated assets deliver 4,000 bopd net and come with material upside and a USD 97.5 million base consideration.
News
December 12, 2025
Nigeria is turning waste into opportunity by allowing 28 companies to capture and commercialize gas once lost to flaring, a move expected to draw billions in investment and boost energy output.
News
December 10, 2025
Africa will need an estimated $375 billion in upstream and midstream investment over the next decade to develop its natural gas sector, according to the Society of Petroleum Engineers, as demand rises and infrastructure gaps persist.
News
December 10, 2025
Viridien has launched a 4,300-sq-km seismic reimaging program over offshore Angola’s Block 22, applying advanced imaging technologies to support the country’s upcoming licensing round and sharpen exploration insight in the Kwanza Basin.
News
December 09, 2025
TotalEnergies has signed an agreement with Galp to acquire a 40% operated interest in Namibia’s PEL 83 license, including the Mopane discovery, positioning the company as operator of the country’s two largest offshore oil finds and advancing plans for a future producing hub.
News
December 05, 2025
Eco Atlantic’s new strategic partnership with Navitas Petroleum adds fresh momentum to South Africa’s Orange basin, signaling renewed upstream interest and potential drilling acceleration across one of Africa’s most closely watched offshore frontiers.
News
December 04, 2025
Congo is accelerating its upstream expansion, ramping LNG output and boosting oil production toward 500,000 bpd. New projects, fast-paced LNG development and pro-investment reforms are positioning the country as a rising hub in Central Africa’s energy future.
News
December 03, 2025
Op-Ed: Africa’s emerging gas hubs could reshape the continent’s energy and economic future. NJ Ayuk outlines how upstream growth, infrastructure expansion and balanced fiscal policies can unlock transformational benefits—if nations navigate key risks.
News
December 03, 2025
ReconAfrica has encountered 64 m of hydrocarbon pay at its Kavango West 1X well in Namibia’s onshore PEL 73. The company will conduct a production test in early 2026 to evaluate flow potential and advance the emerging Damara Fold Belt play.
News
December 02, 2025
Africa’s upstream sector is gaining investor momentum, with regulatory reforms, new licensing rounds, and gas-focused policies improving above-ground attractiveness across key markets from Angola to Namibia and Nigeria.
News
December 02, 2025
TotalEnergies has pulled ahead as the top bidder for Galp’s 40% stake in the giant Mopane oil discovery offshore Namibia. The acquisition would strengthen TotalEnergies’ position in the Orange basin, as Galp seeks a partner to advance one of the decade’s largest finds.
