OMV Confirms Commercial Potential of Libya’s Essar Discovery
OMV has confirmed that its Essar discovery in Libya’s Sirte Basin is commercially viable following technical and economic studies.
TotalEnergies and AMNI Sanction Nigeria’s Ima Gas Development
TotalEnergies and AMNI have taken a final investment decision on the Ima gas development offshore Nigeria.
ReconAfrica Commences Kavango West Testing Following Us$15.6m Public Offering
Canadian explorer ReconAfrica has initiated downhole production testing at the Kavango West 1X discovery in onshore Namibia. Conducted alongside partners NAMCOR and BW Energy, the campaign will evaluate six optimised intervals spanning the…
Oilserv Reaches Mechanical Completion on Nigeria’s AKK Gas Pipeline
Indigenous engineering firm Oilserv has achieved mechanical completion on its 303km section of the Ajaokuta-Kaduna-Kano (AKK) gas pipeline. The critical infrastructure, which forms a central pillar of Nigeria’s Decade of Gas initiative, is now ready for gas transportation. Final construction activities are currently focused on gas treatment facilities located in Ajaokuta and Abuja, alongside several […]
Subsea7 Awarded Contract Offshore Angola
Subsea7 today announced the award of a substantial¹ engineering, procurement, construction, and installation (EPCI) contract by ExxonMobil to Subsea Integration Alliance (SIA) for a subsea tie-back associated with the Redevelopment 2.0 Likembe Project in Block 15, offshore Angola. Project management and engineering will be managed by Subsea7’s offices in Paris, Luanda, Lisbon and Sutton. As […]
Nigeria Approves $20B Bonga Southwest Deepwater FID
Nigeria has officially approved targeted fiscal incentives to unlock the Final Investment Decision (FID) for the $20 billion Bonga Southwest Aparo (BSWA) deepwater project. Operated by Shell in partnership with NNPC Limited, this marks the country’s first deepwater FID since 2008, breaking an 18-year deadlock. Once completed, the massive offshore development is expected to deliver […]
TotalEnergies & Galp Target 2026 FID for Namibia’s Venus
TotalEnergies and Galp have officially outlined the development roadmap for their massive discoveries in Namibia’s Orange Basin, confirming key technical specifications following high-level talks with the state. The partnership has solidified the concept for the Venus project (PEL 56), which will utilize a 160,000 barrel-per-day Floating Production, Storage and Offloading (FPSO) vessel with subsea tie-backs. […]
Mozambique LNG Fully Resumes Construction Targeting 2029 Startup
The Mozambique LNG consortium has officially confirmed the full restart of construction activities at the Afungi site, following the lifting of force majeure in late 2025. The announcement, made jointly with the Mozambican government, unlocks the next phase of the $20 billion development, which is currently 40% complete. With over 4,000 workers already mobilized, the […]
Chevron Eyes New Oil Plays in West Africa With Guinea-Bissau Entry
Chevron is expanding its exploration presence across West Africa, marking the region as a key focus area following an agreement to explore two deepwater offshore blocks in Guinea-Bissau’s MSGBC basin. The new acreage – Blocks 5B and 6B – lies within the Mauritania-Senegal-Gambia-Bissau-Conakry (MSGBC) basin, an area that has drawn heightened international interest after major […]
TotalEnergies is Awarded Four Offshore Exploration Permits
TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency. The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12,700 square kilometers, are located in the […]