Ghana Partners Eni, Vitol and GNPC to Boost Domestic Gas Production by 2028 Ghana has signed a new agreement with Eni, Vitol Group, and Ghana National Petroleum Corporation (GNPC) to expand domestic gas production as the country moves to strengthen energy security and reduce dependence on imported fuels. According to local media reports, the agreement supports efforts to increase gas output under the Offshore Cape Three Points (OCTP) project, one of Ghana’s most important upstream
Indonesia’s Pertamina Eyes Angola Oil and Gas Investment as Domestic Reserves Near Decline A senior delegation from Indonesia’s state-owned oil company, PT Pertamina, has met with Angola’s National Petroleum, Gas and Biofuels Agency (ANPG) in Luanda to explore potential upstream oil and gas investment opportunities in the country. The discussions focused on possible entry into Angola’s exploration and production sector, as Pertamina seeks to secure new international reserves amid long-term concerns over declining domestic output.
Egypt Increases Industrial Natural Gas Prices to Cut Subsidies Amid Rising Import Costs and IMF Reform Pressure Egypt has raised natural gas prices for key industrial sectors as part of a broader effort to reduce energy subsidies and address mounting fiscal pressure caused by higher import costs and declining domestic gas production. A government decree published on Sunday confirmed that the new pricing structure took effect in May. The adjustments primarily target energy-intensive industries, including
Nigeria–Morocco Gas Pipeline: Europe Eyes West African Gas as Alternative Energy Corridor by 2031 Nigeria-led gas exports to Europe are drawing renewed attention as the Nigeria–Morocco Gas Pipeline project gathers momentum. The ambitious initiative is positioning itself as a potential energy corridor linking West Africa to European markets by 2031. Anchored on Nigeria’s vast natural gas reserves, the proposed pipeline is expected to traverse 13 countries along the Atlantic coast. Emerging gas producers such as
Libya’s NOC and Chevron Sign Deal to Study 123 Tcf Gas and 18 Billion Barrels of Shale Resources National Oil Corporation (NOC) has signed a memorandum of understanding with Chevron to conduct a joint study on shale oil and gas potential across several of Libya’s sedimentary basins. According to an official statement, the collaboration will focus on evaluating unconventional hydrocarbon resources and identifying opportunities for future development. Preliminary estimates suggest that Libya’s basins may contain
Cameroon Grants Key Exploration Blocks to Murphy and Octavia to Revive Oil Output Cameroon’s Société Nationale des Hydrocarbures (SNH) has advanced its 2025–2026 licensing round, originally launched on August 1, 2025, with the award of five oil and gas blocks to international operators. Murphy West Africa has secured four blocks in the Douala–Kribi–Campo basin, a strategically important offshore and coastal region known for its established infrastructure and previous hydrocarbon discoveries. Octavia Energy Corporation has been
GasEntec and ELTON Partner to Deliver Dakar LNG Terminal, Boosting Senegal’s Power Capacity by 2027 GasEntec has signed contracts with ELTON Logistics & Services to supply a jetty-based LNG regasification unit along with associated onshore infrastructure for the Dakar LNG Terminal in Senegal. The project marks a major step toward expanding Senegal’s energy capacity and is expected to become one of West Africa’s leading LNG import facilities. Once completed, the terminal will supply natural gas
Senegal Transfers Yakaar-Teranga Gas Project to State Firm PETROSEN as Kosmos Energy Exits Major Offshore Development Senegal has moved to assume full control of its strategic Yakaar-Teranga Gas Project following an agreement for the withdrawal of US-based Kosmos Energy, marking a significant shift in the country’s upstream energy landscape. The decision places the development of one of West Africa’s largest gas discoveries firmly under state management. Prime Minister Ousmane Sonko announced that the agreement allows
TotalEnergies Invests $141 Million in Namibian Suppliers to Boost Local Participation in Offshore Oil and Gas Industry TotalEnergies has spent more than US$141 million on local goods and services in Namibia since 2022, as the energy major intensifies efforts to expand local participation in the country’s fast-growing oil and gas sector. The investment reflects a broader push to strengthen domestic supply chains and ensure Namibian businesses benefit from the development of offshore energy resources. Speaking
Middle East Conflict May Cut 120 bcm of Global LNG Supply by 2030, Warns International Energy Agency The ongoing conflict in the Middle East could result in the loss of approximately 120 billion cubic metres (bcm) of liquefied natural gas (LNG) supply between 2026 and 2030, representing around 15% of expected global supply growth, according to the International Energy Agency (IEA). In its latest quarterly gas outlook released on April 24, the IEA said the
