Oil and Gas

UAE-based engineering firm Technomak has signed a landmark $1 billion Engineering, Procurement, Construction, Commissioning, and Installation (EPCCI) contract for Gabon’s ambitious Cap Lopez Floating Liquefied Natural Gas (FLNG) project.

Nigerian oil producer, Oando Plc, has completed repair works on a damaged crude oil pipeline in Bayelsa State following four separate spill incidents in recent weeks.

The Egyptian government has paid $1.2 billion this month to foreign oil companies to settle part of its overdue arrears, as the country battles a record low gas output.

The Sudanese government has directed oil companies operating in South Sudan to immediately halt the export of crude oil through Sudanese pipelines.

A technical fault on Ghana’s Jubilee FPSO has triggered a temporary suspension of gas exports to the Atuabo Gas Processing Plant, according to a joint statement issued by the Ghana National Petroleum Corporation (GNPC) and the Ghana National Gas Company (Ghana Gas).

Oil giant Chevron is currently in talks with the Egyptian government to expand its operations in the West Star block in the Mediterranean waters.

The governments of Mozambique and Zambia have signed a $1.5 billion agreement to construct a cross-border gas pipeline.

BW Energy has confirmed that its Bourdon oil discovery offshore Gabon holds approximately 25 million barrels of recoverable oil, describing it as the “best fluid quality” find within the prolific Dussafu license area.

East African country, Tanzania, will launch its fifth oil and gas licensing round in November 2025 in London, marking its first major bid round in over a decade.

Weatherford International, a leading U.S.-based oilfield services company, has officially resumed operations in Libya after a decade-long absence, signaling renewed interest in the country’s oil and gas sector.

Nigeria cut its imports of European gasoline by nearly half in April 2025, bringing in just 275,000 tons compared to 520,000 tons during the same period last year, according to energy analytics firm Vortexa.

Nigeria’s Aiteo Eastern Exploration and Production Company is set to expand its footprint in Southern Africa with plans to construct a modular oil refinery in Mozambique.

Ghana’s newly inaugurated Sentuo Oil Refinery has received its first shipment of Angolan crude oil.

Turkey’s state-owned energy giant, Turkish Petroleum Corporation (TPAO), has announced a major natural gas discovery offshore Somalia, estimating reserves of approximately 10 billion barrels of commercially viable natural gas.

The East African Crude Oil Pipeline (EACOP) project, linking Uganda’s Lake Albert oilfields to the Port of Tanga in Tanzania, has reached 58% overall completion.