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International Corporate News Gas

Halliburton Secures Contract from Shell for HI Gas Project Offshore Nigeria

Halliburton Wins Shell Contract for HI Gas Project to Boost Nigeria’s LNG Supply Halliburton has announced that the Shell Nigeria Exploration and Production Company (SNEPCo) has awarded it a major contract to deliver integrated drilling services for the HI gas project, located in the shallow waters of OML 144 off the Niger Delta coast. The Houston-based oilfield services company said it will deploy remote operations and automated drilling technologies to enhance safety, reduce operational costs,

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International Corporate News Gas

IRH, Delfin LNG and Vitol Forge 20-Year LNG Sale and Purchase Agreement

International Resources Holding RSC Ltd. (IRH), a leading mine-to-market platform and subsidiary of ePointZero, has signed a 20-year Heads of Agreement (HoA) with Delfin LNG LLC (Delfin) and Vitol Inc. (Vitol) for the purchase and sale of 1.0 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Delfin’s export facility in the United States. Under the agreement, Delfin LNG, a leading U.S.-based export infrastructure company, will supply LNG on a free-on-board (FOB) basis

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Gas International News

Mozambique Projects Record $5.9 Billion in FDI for 2026, Driven by LNG Expansion

Mozambique to Reach Record $5.9 Billion Foreign Investment in 2026 as LNG Projects Accelerate in Rovuma Basin Mozambique is projecting a record foreign direct investment (FDI) of US$5.88 billion in 2026, a 22.6% increase compared to the previous year, driven primarily by major developments in the natural gas sector. According to supporting documents for the 2026 Social and Economic Plan and State Budget proposal (PESOE)—set to be debated in parliament in the coming days—this growth

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International Gas News

Mozambique and South Africa Strengthen Energy Ties Ahead of December Binational Summit

Mozambique and South Africa Deepen Energy Cooperation, Set to Sign MoU Before December Summit The Minister of Mineral Resources and Energy of Mozambique, Estêvão Pale, hosted the South African Minister of Electricity and Energy, Kgosientsho Ramokgopa, in Maputo yesterday as part of ongoing efforts to strengthen bilateral cooperation in the energy sector and prepare for the upcoming binational meeting between the two Heads of State, scheduled for December in Mozambique. Thursday’s meeting focused on consolidating

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International Corporate News Gas

Sasol Achieves First LPG Loading from Mozambique’s Inhassoro Integrated Processing Facility

Sasol Marks Historic Milestone with First Cooking Gas Production in Mozambique Sasol successfully carried out the experimental loading of the first batch of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, produced in Mozambique, as part of its commissioning activities. This milestone highlights Sasol’s role as a pioneering operator in Mozambique’s oil and gas sector and reinforces its contribution to the country’s economic and industrial development. The LPG is produced at the new Integrated

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Gas Local News Oil

Angola Announces Q4 2025 Oil and Gas Licensing Round to Sustain Output and Attract New Investment

Angola to Launch Major Oil and Gas Licensing Round in Late 2025 Angola is preparing to launch its next oil and gas licensing round in the fourth quarter of 2025, offering exploration blocks in the Kwanza and Benguela basins. Minister of Mineral Resources, Petroleum and Gas Diamantino Azevedo announced the move during the Angola Oil & Gas Conference and Exhibition, emphasizing that it forms part of the government’s broader strategy to sustain national oil production

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Corporate News Gas International Oil

BP Confirms New Oil and Gas Discovery in Namibia’s Orange Basin

BP and Eni’s Azule Energy Uncover Major Gas Condensate Discovery in Namibia’s Orange Basin BP has confirmed a significant oil and gas discovery in Namibia’s Orange Basin, a frontier region that has rapidly become one of the most promising exploration zones in the world. The UK-based energy major, through Azule Energy—its 50/50 joint venture with Italy’s Eni—validated preliminary findings from the Volans-1X exploration well, initially reported earlier this month by Rhino Resources, the project operator.

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Corporate News Gas Oil

ExxonMobil Signs Deal with Gabon to Explore Offshore Oil and Gas Reserves

ExxonMobil Expands African Presence with New Offshore Exploration Agreement in Gabon ExxonMobil has announced the signing of a memorandum of understanding (MoU) with the Government of Gabon to explore offshore oil and gas reserves along the country’s Central African coast. The non-binding agreement marks ExxonMobil’s renewed effort to expand its presence across Africa. The U.S. energy giant already operates in Nigeria, Angola, and Mozambique but exited Equatorial Guinea in 2022. According to an ExxonMobil spokesperson,

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International Gas News

South Africa to Resume Shale Gas Exploration in Karoo Basin Following Moratorium Lift

South Africa Set to Lift Shale Gas Moratorium, Opening Karoo Basin to Exploration South Africa is preparing to lift its long-standing moratorium on shale gas development, clearing the way for new exploration across the resource-rich Karoo Basin. The country’s Mineral and Petroleum Resources Minister, Gwede Mantashe, confirmed that the ban would be lifted once updated environmental regulations are formally published later this month. The moratorium, first imposed in 2011, halted all new applications for shale

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Local Corporate News Gas Oil Technology & Innovation

EY Harnesses AI to Boost Efficiency and Sustainability in Angola’s Oil and Gas Sector

EY Deploys Artificial Intelligence to Cut Flaring and Improve Operations in Angola’s Oil and Gas Industry Ernst & Young (EY) is leveraging artificial intelligence (AI) solutions to enhance operational efficiency, reduce environmental impact, and support financial stability in Angola’s oil and gas sector. Speaking to Energy Capital & Power during the Angola Oil & Gas 2025 Conference, André Afonso, Managing Partner at EY Angola, said the firm is deploying advanced digital tools to help energy

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