Ex-Puntland Minister Says Turkey Is Years Away From Pumping a Single Barrel of Somali Oil
Former Puntland minister and political commentator Ali Haji Warsame has publicly questioned Turkey’s ability to commercially develop Somalia’s offshore oil resources, arguing that Ankara’s current activity off central Somalia amounts to test drilling and exploration, not commercial production. Warsame said Turkey lacks the capacity to independently develop the offshore blocks awarded under its hydrocarbons agreement […]
Oando Wants to Turn Nigeria’s Dead Oil Wells Into Power Plants
Oando Energy Resources has unveiled plans for a pilot project to generate electricity from abandoned oil wells using geothermal-style technology, part of a push to expand Nigeria’s clean energy capacity and support the country’s gas-to-power agenda. Managing Director Ainojie Irune disclosed the plan during a courtesy visit to Nigeria’s Minister of Power, Joseph Tegbe, describing […]
Repsol’s Libya Bet Pays Off With New Exploration Blocks and Rising Output
Repsol has reported improved performance in its exploration and production business for the first half of 2026, helped by rising output and progress on projects in several countries including Libya. The company said Libya awarded it two new exploration blocks in the country’s first licensing round in almost two decades, strengthening its position in the […]
Egypt Courts British Investors for Grid Upgrade and Battery Storage Push
Egypt’s Minister of Electricity and Renewable Energy, Mahmoud Esmat, met with UK Ambassador Mark Bryson-Richardson to discuss deepening cooperation on renewable energy, grid modernisation, battery energy storage systems and attracting new British investment to Egypt’s power sector. Esmat highlighted opportunities for British companies in renewable energy projects, electrical equipment manufacturing and grid reinforcement, and pointed […]
Dangote Group Eyes Cameroon With Plan for New Fuel Storage Terminal to Anchor Central Africa Expansion
The Dangote Group has proposed building a petroleum products storage terminal in Cameroon to strengthen the regional distribution network of its 650,000-barrel-per-day Lekki refinery and expand its footprint in Central Africa. The proposal was presented to Cameroon’s Prime Minister, Joseph Dion Ngute, by the Group’s Vice President for Oil, Gas and Fertiliser, Devakumar Edwin. According […]
Egypt’s Parliament Waves Through Four New Oil and Gas Exploration Deals
Egypt has approved four new oil and gas exploration and development agreements as part of efforts to lift domestic hydrocarbon production and draw fresh investment into its upstream sector, with the deals covering North Sinai, the Nile Delta, the Mediterranean Sea and the Eastern Desert. One key agreement authorises the Egyptian Natural Gas Holding Company […]
Eskom Signs Up as Anchor Client for South Africa’s First-Ever $1 Billion LNG Import Terminal
Eskom and the Zululand Energy Terminal have signed a Heads of Agreement making Eskom the foundation customer at what would become South Africa’s first LNG import gateway, to be built at the Port of Richards Bay. The terminal would receive and re-gasify shipped LNG to supply Eskom’s planned 3,000 MW gas-fired plant in the Richards […]
Nigeria Burns Away $5.5 Billion in Gas
Nigeria lost an estimated $5.5 billion worth of natural gas to routine flaring between 2021 and 2025, according to an analysis of the National Oil Spill Detection and Response Agency’s Gas Flare Tracker, with experts warning the true economic cost is far higher once lost electricity, LPG production, government revenue and carbon-market opportunities are counted. […]
TotalEnergies Clears Final Hurdle in Three-License Namibia Swap, Clears Path to Mopane and Venus FID
Namibia has approved TotalEnergies’ proposed offshore licence swap with Galp Energia, clearing the way for the companies to finalise the deal as TotalEnergies pushes toward a final investment decision on its Venus oil development. TotalEnergies CEO Patrick Pouyanné said Namibia’s Ministry of Industries, Mines and Energy approved the transaction last week, with closing expected within […]
Eco Atlantic Locks In bp and Navitas as Partners in Sweeping Namibia-to-Guyana Exploration Push
Eco (Atlantic) Oil & Gas has reported major progress across its Atlantic Margin exploration portfolio for the fiscal year ended March 31, anchored by new strategic partnerships with bp and Navitas Petroleum spanning Namibia, Guyana and South Africa. The centrepiece was an April deal to farm down a 60% interest in offshore Namibia licences PEL […]