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Author: Makungu Coco

Local Expos & Events Gas News Oil

Angola Oil & Gas 2026 Attracts Global Investors as 11 Deals Strengthen Industry Outlook

Angola Oil & Gas 2026 Draws 3,000 Delegates and Secures Major Upstream Agreements Angola reinforced its position as a major destination for oil and gas investment following the Angola Oil & Gas (AOG) 2026 conference in Luanda, which attracted more than 3,000 delegates and 80 exhibitors and facilitated over 10 agreements, according to José Barroso, Angola’s Secretary of State for Petroleum and Gas. Barroso said the event’s growing participation reflected international investor interest in Angola’s

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Local News Oil

Angola Moves Towards Permanent Oil and Gas Licensing to Attract Investment

Angola’s ANPG Proposes Permanent Licensing Framework to Accelerate Oil and Gas Investment Angola plans to replace scheduled oil and gas licensing rounds with a permanent licensing framework that would allow investors to access available acreage and negotiate exploration agreements throughout the year. The National Oil, Gas and Biofuels Agency (ANPG) announced the proposed shift during African Energy Week 2026 in Cape Town, as the country seeks to attract upstream investment, stimulate exploration and counter declining

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International News Renewable Energy

KBR Expands Energy Ambitions in Libya as US Firm Explores Renewable Power Opportunities

US Engineering Firm KBR Expands Libya Operations Across Oil, Gas and Renewable Energy US engineering company KBR is expanding its presence in Libya, exploring opportunities in renewable energy while continuing to pursue oil, gas and refining projects in the North African country. The company has held discussions with Libya’s Renewable Energy Authority on potential clean energy contracts as the country seeks to modernise its energy infrastructure and develop renewable power projects. The talks form part

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International Energy Gas Oil

Nigeria Launches Bid Round for 40 Oil and Gas Blocks to Revive Exploration Investment

Nigeria Offers 40 Oil and Gas Blocks as Africa’s Top Producer Seeks New Energy Investment Nigeria, Africa’s largest oil producer, has launched a new licensing round offering 40 oil and gas blocks to investors, as the country intensifies efforts to attract fresh capital into its energy sector and unlock untapped hydrocarbon resources. The initiative forms part of the government’s broader strategy to increase exploration activity, boost reserves, and strengthen long-term crude oil and natural gas

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International Corporate News Oil

Shell Begins Exit from Nigeria’s Domestic Gas Distribution Market

Shell Moves to Divest Nigerian Gas Distribution Business as Portfolio Restructuring Continues Global energy major Shell is advancing plans to exit Nigeria’s domestic gas distribution sector, marking another significant step in the company’s ongoing effort to streamline its operations and focus on strategic priorities in key markets. The company is seeking buyers for its stake in the Shell Nigeria Gas (SNG) business, which supplies natural gas to industrial customers across Nigeria. The move forms part

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International Energy News

Tanzania Moves Closer to Landmark $42 Billion LNG Project as Energy Ambitions Accelerate

Tanzania Nears $42 Billion LNG Deal, Strengthening Bid to Become East Africa’s Energy Hub Tanzania is edging closer to securing one of Africa’s largest energy investments, as negotiations for a $42 billion liquefied natural gas (LNG) project approach their final stages. The development is expected to play a pivotal role in the country’s ambition to establish itself as a leading energy hub in East Africa. Finance Minister Khamis Mussa Omar indicated that discussions with investors

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International Corporate News Diamonds

Kenzoll Capital Partners with MSF Commercials to Revive Namibia’s Elizabeth Bay Diamond Mine

Namibia’s Elizabeth Bay Mine Targets Restart Under US$50 Million Investment Plan Dutch private equity and special situations investor Kenzoll Capital has partnered with Namibian-registered MSF Commercials to restart operations at the Sperrgebiet Diamond Mine, formerly known as the Elizabeth Bay Mine, near Lüderitz in southern Namibia. The project aims to revive the historic diamond operation, which has been largely inactive since 2018, while exploring opportunities to develop additional mineral resources. Following regulatory approvals, the investment

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International Oil Petroleum Transport and Logistics

Botswana Receives First Petroleum Cargo from Oman via Mozambique

Botswana Diversifies Fuel Supply Routes with First Oman Petroleum Cargo Botswana has taken a significant step towards strengthening its energy security after receiving its first petroleum cargo from Oman through the Port of Matola in Mozambique on 9 October 2026. Botswana Oil Limited (BOL) announced the milestone, which involved receiving a petroleum cargo from OQ Trading, an Omani energy trading company. The development marked progress in Botswana’s efforts to diversify its petroleum supply sources and

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International Gas Oil

Liberia Opens 2026 Offshore Licensing Round to Attract Oil and Gas Investment

Liberia Offers 14 Offshore Blocks as 2026 Licensing Round Targets Deepwater Exploration Investment Liberia has advanced its efforts to attract investment into offshore oil and gas exploration through its 2026 licensing round, offering prospective investors access to geological data covering the Liberia and Harper basins. The Liberia Petroleum Regulatory Authority (LPRA) is leading the licensing process, supported by more than 50,000 line-kilometres of two-dimensional (2D) seismic data and over 31,000 square kilometres of three-dimensional (3D)

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International Corporate News Oil

Tullow Oil Secures Rig Contract for Ghana’s Next Drilling Campaign

Tullow Oil Plans Up to 10 New Wells in Ghana Under 2027–2028 Drilling Programme Tullow Oil has signed a rig contract to drill up to 10 wells in Ghana under its 2027–2028 drilling programme, as the company seeks to sustain production and identify further development opportunities at its offshore oilfields. The rig is expected to arrive in Ghana around mid-2027. Tullow plans to use four-dimensional (4D) seismic data, alongside additional information from an Ocean Bottom

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