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Category: Gas

Local Gas News

Angola Calls for Stronger Natural Gas Cooperation and Sustainable Resource Development

Diamantino Azevedo Urges Greater Natural Gas Cooperation to Drive Sustainable Growth Across Producing Nations Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, has called for the sustainable development of natural gas resources and deeper cooperation among producing countries, emphasizing the fuel’s growing importance in supporting economic growth, industrialization, and the global energy transition. Speaking on the future of the gas sector, Azevedo highlighted the need for producers to work more closely together to

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Energy Gas International

Tanzania Strikes Major Natural Gas Discovery as Energy Ambitions Gain Momentum

Tanzania Discovers 223 Bcf of Natural Gas at Mnazi Bay, Strengthening Energy Security and LNG Ambitions Tanzania has announced the discovery of an estimated 223 billion cubic feet (bcf) of natural gas at the Mnazi Bay field in the Mtwara region, marking the country’s first significant gas discovery in more than a decade. The discovery was made at the Kasa-1X ST2 exploration well and is expected to bolster Tanzania’s energy security while supporting industrial growth

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International Corporate News Gas Oil

TotalEnergies Completes $800 Million Divestment of Nigerian Oil Assets While Retaining Key Gas Interests

TotalEnergies Finalizes $800M Sale of 10% Stake in Nigerian Joint Venture, Maintains Strategic Gas Portfolio TotalEnergies has completed the sale of its 10% non-operated interest in the Renaissance Joint Venture (JV) in Nigeria to Vaaris in a transaction valued at $800 million, marking another significant step in the company’s portfolio optimization strategy. The deal highlights the growing shift among international energy companies toward concentrating investments on high-value and lower-emission energy assets. The divestment covers TotalEnergies’

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International Gas News Oil

Namibia Urges Local Businesses to Position for Oil and Gas Opportunities

Namibia Calls on Local Companies to Build Capacity for Oil and Gas Supply Chain Contracts As Namibia moves closer to developing its offshore petroleum resources, President Netumbo Nandi-Ndaitwah has called on local businesses to strengthen their capabilities and prepare for opportunities emerging across the oil and gas value chain. Speaking at the opening of the Swakopmund International Trade Expo (SWAiTEX) in Swakopmund, Nandi-Ndaitwah emphasised that Namibian companies must take proactive steps to build the technical,

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Corporate News Gas International News

Eni Completes Offshore Gas Recovery Project in Libya

Eni Completes Libya’s Bouri Gas Project to Recover 700 Million Cubic Metres Annually Italian energy company Eni and Libya’s National Oil Corporation (NOC) have completed the Bouri Gas Utilization Project offshore Libya, with start-up procedures underway to recover natural gas previously burned off during oil production. The project is operated through Mellitah Oil & Gas, a joint venture between Eni and the NOC, and is located at the Bouri field in western offshore Libya. The

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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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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 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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Corporate News Gas International

ReconAfrica Identifies Liquid-Potential Gas at Namibia’s Kavango Well

ReconAfrica Finds Thermogenic Gas with Liquid Potential at Kavango West Well in Namibia Reconnaissance Energy Africa (ReconAfrica) has identified thermogenic natural gas with liquid potential at its Kavango West 1X Sidetrack (KW1X) discovery well in northeastern Namibia. Flow-test samples from the Huttenberg and Elandshoek formations indicated gas with maturity ranging from the late oil to early gas window. The results support the presence of a potentially liquids-rich petroleum system, although further testing is required to

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International Corporate News Gas

TotalEnergies Delays Venus FID Timeline as Azerbaijan Gas Project Gets Approval

TotalEnergies Gives No New FID Date for Namibia’s 750-Million-Barrel Venus Oil Project TotalEnergies has given no new timeline for the final investment decision (FID) on its Venus oil development offshore Namibia, despite continuing to identify the country as an important part of its long-term oil and gas portfolio. The French energy major had previously targeted an FID for Venus in 2026, but its latest strategy update did not provide a revised date. The company said

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