News
August 25, 2025
Seadrill Limited today announced Sonadrill Holding Ltd, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded two contracts. The West Gemini secured a contract with Sonangol Exploração & Produção, S.A. for work in Angola.
News
August 22, 2025
Angolan oil producer Etu Energias is pursuing accelerated oil production in Angola, with advancements in onshore exploration and offshore development positioning it to achieve its 80,000 bpd goal.
News
August 21, 2025
The African Energy Chamber (AEC) has officially opened an international office in Shanghai, China, aimed at strengthening cooperation between African governments and energy companies and their counterparts in China.
News
August 19, 2025
Tullow Oil is in talks with its bondholders about refinancing a nearly $1.3 billion bond due next year, as the imminent maturity adds to pressure on the Africa-focused oil explorer.
News
August 15, 2025
Algeria is close to finalizing a deal with ExxonMobil and Chevron to tap the North African nation’s vast gas reserves, including shale, for the first time, a senior official said.
News
August 14, 2025
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being fueled by the Bourdon discovery in the offshore Dussafu License in March 2025, alongside production increases led by Perenco, BW Energy and VAALCO Energy.
News
August 14, 2025
Azule Energy, a joint venture between bp and Eni, is fast-tracking its Namibia oil operations as it competes with companies including TotalEnergies SE to be among the first to produce crude in one of the world’s newest hotspots.
News
August 14, 2025
A South African court has overturned a decision granting TotalEnergies environmental authorization for an oil exploration block offshore the country’s west coast, ruling that the environmental impact assessment for the block was “deeply flawed."
News
August 12, 2025
TotalEnergies SE is planning a fresh drilling campaign offshore South Africa in a vast basin that includes major oil discoveries in neighboring Namibia.
News
July 31, 2025
BOURBON announces the signature of a five-year contract with Eni Congo for the renewal of its crewboat fleet. This contract marks a strategic milestone to further reduce the emission associated to the offshore transport of personnel.
News
August 08, 2025
Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years.
News
August 05, 2025
Nigeria’s First Exploration and Petroleum Development Co. is eying gas exploration in East Africa, reflecting a wider push by the country’s energy companies to grow outside the home market.
News
August 01, 2025
Apus Energy has entered West Africa’s offshore frontier in Guinea-Bissau. With high-impact drilling now underway, the company is set to bring fresh momentum and investor attention to one of the region’s most underexplored hydrocarbon basins.
News
July 31, 2025
Ivory Coast and Eni SpA signed a contract for the acquisition of a new offshore oil-exploration block, according to minutes from a cabinet meeting. The deal has a duration of three years in the first phase and includes a minimum $20 million investment.
News
July 31, 2025
The review comes as Namibia pursues first oil production from its Orange Basin discoveries by 2029 and is geared towards strengthening the competitiveness of investing in the country’s upstream petroleum sector.
News
July 28, 2025
BW Energy, together with NAMCOR E&P, has contracted Odfjell's Deepsea Mira semisubmersible rig for the drilling of the Kharas appraisal well on the Kudu license (PPL003) offshore Namibia in the Orange Basin, scheduled for the second half of 2025.
News
July 25, 2025
Angola’s upstream regulator the National Oil, Gas & Biofuels Agency (ANPG) is pushing a $60 billion investment drive across its upstream oil and gas industry between 2025 and 2030, led by a series of ambitious E&P projects.
News
July 23, 2025
TotalEnergies has announced the start of production from the BEGONIA and CLOV Phase 3 offshore Angola projects, which together will add a total of 60,000 bpd of new production.
News
July 21, 2025
Mozambican President Daniel Chapo said he expects to soon conclude talks with TotalEnergies SE over the restart of a $20 billion natural-gas project that halted four years ago because of an Islamic State-linked insurgency.
News
July 21, 2025
Namibia’s former-Minister of Mines and Energy, Tom Alweendo, is spearheading the launch of Alvenco Advisory, a new strategic advisory firm. The launch of Alvenco Advisory comes as Namibia accelerates the development of offshore oil and gas discoveries made in the Orange Basin.
News
July 18, 2025
Ghana’s oil and gas sector is showing signs of resurgence, underscored by Eni’s recent declaration of commerciality for the Eban-Akoma offshore development, and the recent license extension secured by Tullow Oil and partners for the Jubilee and TEN fields.
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.