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Local Gas Oil

TGS Secures Major 4D Seismic Survey Contract Offshore Angola

TGS Wins Offshore Angola 4D Seismic Contract, Extending Ramform Vessel Operations to 2027 TGS has secured a significant 4D seismic acquisition contract offshore Angola, reinforcing its presence in Africa’s offshore energy sector and ensuring continued utilisation of one of its Ramform vessels through early 2027. The project is scheduled to commence in July 2026 and will run for approximately eight months. TGS will deploy its Ramform vessel equipped with GeoStreamer technology to acquire high-resolution marine

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Corporate News Gas International Oil

Petralon Energy Expands Dawes Island Output with Successful Start-Up of DI-3 Well

Petralon Energy Adds 2,800 BOPD from DI-3, Boosting Dawes Island Production to 4,800 BOPD in Niger Delta Petralon Energy has commenced production from DI-3, its second consecutive development well on the Dawes Island field in the eastern onshore Niger Delta Basin, marking another milestone in its ongoing drilling campaign. The DI-3 well was brought onstream on March 14, 2026, adding approximately 2,800 barrels of oil per day (BOPD) to production. With the new well online,

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Corporate News Gas International

Rovuma LNG Expected to Transform Mozambique Economy With Multi-Billion-Dollar Annual Gains

Rovuma LNG Project May Boost Mozambique GDP by $11 Billion a Year, Says Standard Bank Study Standard Bank’s Mozambican subsidiary says the Rovuma LNG project, led by US energy major ExxonMobil in the Rovuma Basin in northern Cabo Delgado province, could significantly transform Mozambique’s economy, adding an estimated average of US$11 billion to GDP annually. The project, which is nearing a final investment decision (FID), is expected to generate up to US$150 billion in total

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International Gas News Oil

Namibian Businesses Urged to Raise Standards to Access Oil and Gas Opportunities

Certification, Compliance and Infrastructure Key for Namibian Suppliers Seeking Oil and Gas Contracts Namibian businesses seeking to participate in the country’s emerging oil and gas industry must address gaps in certification, infrastructure and governance if they are to secure contracts as the sector moves closer to large-scale development. The message emerged during the Upstream Oil and Gas Local Suppliers Workshop hosted by Petrofund, where international service providers outlined the key requirements, local companies must meet

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International Corporate News Gas

Kudu Gas Commercialisation Faces Long Road Despite Namibia’s Energy Ambitions

Wood Mackenzie Warns Kudu Gas Project Faces Infrastructure and Demand Challenges Before Commercialisation Offshore gas developments such as Namibia’s Kudu Gas Field face a longer and more complex path to commercialisation than oil projects due to extensive infrastructure requirements and uncertainty around long-term domestic demand, according to energy consultancy Wood Mackenzie. Speaking at a recent energy conference in Namibia, Wood Mackenzie Research Director for Sub-Saharan Africa Upstream Ian Thom said offshore gas projects require far

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Local Gas News Oil

Angola and Algeria Deepen Cooperation in Oil, Gas and Mineral Resources

Angola and Algeria Strengthen Energy and Mining Cooperation Following João Lourenço’s State Visit Angola and Algeria are advancing bilateral cooperation in the oil, gas and mineral resources sectors following high-level discussions between Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, and Algerian Ambassador to Angola, Mounir Bourouba. The meeting, held on Monday at Angola’s Ministry of Mineral Resources, Petroleum and Gas (MIREMPET), focused on the implementation of agreements signed during President João Lourenço’s

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International Gas News

Ghana Signs New Gas Expansion Deal With Eni and Vitol to Strengthen Energy Security

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

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Oil Gas Local News

Pertamina Explores Upstream Oil and Gas Opportunities in Angola Amid Expanding African Strategy

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.

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International Gas News

Egypt Raises Natural Gas Prices for Industry as It Accelerates Subsidy Cuts and IMF-Led Energy Reforms

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

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International Gas News

Nigeria–Morocco Gas Pipeline Gains Momentum as Europe Seeks New Energy Routes

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

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