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International Corporate News Gas

TotalEnergies Moves to Restart Major Gas Project in Northern Mozambique

TotalEnergies SE is taking significant steps to restart its long-stalled natural gas project in northern Mozambique, following years of delay due to a violent insurgency in the region. The French energy giant has issued formal notifications to contractors, instructing them to begin site preparations. Companies involved in the project have started mobilizing personnel and equipment, signaling a gradual return to full operations. Among those notified is Portuguese construction firm Mota-Engil, which, in partnership with Belgian

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International Gas News

Coral Sul LNG Platform to Contribute $16 Billion to Mozambique Over 30-Year Lifespan

Over its projected 30-year operational lifespan, the Coral Sul floating liquefied natural gas (LNG) platform is expected to contribute approximately 16 billion US dollars to the Mozambican state through taxes and fees. This estimate was revealed on Tuesday during a media visit to the Coral Sul platform, organized by Mozambique’s Ministry of Mineral Resources and Energy. Operated by Italian energy company ENI, the platform is managed locally by ENI Rovuma Basin. During the visit, ENI

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International Gas News

Egypt Boosts Zohr Gas Output by 60 Million Cubic Feet Daily After Successful Redrilling

Egypt has increased natural gas production at the Zohr field by 60 million cubic feet per day following the successful redrilling of the Zohr-6 well, according to the Ministry of Petroleum and Mineral Resources. With Zohr-6 now complete, drilling operations have moved to the Zohr-13 well, which is expected to add a further 55 million cubic feet per day to production, based on technical assessments. These developments represent a significant step forward in enhancing Egypt’s

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International Gas News

Egypt Awards Six New Gas Exploration Blocks to Boost Sector Investment

The Egyptian Natural Gas Holding Company (EGAS) has awarded six new oil and gas exploration blocks to a group of international energy companies, marking a strategic push to attract more foreign investment into the country’s natural gas sector. The awarded areas include four offshore blocks in the Mediterranean Sea, offered through the 2024 international bid round via the Egypt Upstream Gateway (EUG), and two onshore blocks located in the Nile Delta and North Sinai. These

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Corporate News Gas International

Perenco Invests $200 Million in New Offshore Platform to Boost Congo’s Energy Output

Independent oil company Perenco has committed $200 million to the construction of a new offshore gas platform, Kombi 2, located within the Kombi-Likalala-Libondo II (KLL II) permit area. Currently under construction at the Nieuwdorp shipyard in the Netherlands by engineering services firm Dixstone, the Kombi 2 platform is expected to produce approximately 7 million cubic feet of natural gas per day. The platform is scheduled to depart for Congo in October 2025 and is projected

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Exploration Gas International News

Egypt Opens 12 Gas Exploration Blocks to Attract Foreign Investment

Egypt has launched a new round of gas exploration opportunities, offering 12 blocks to international energy companies in a bid to boost domestic production and attract foreign investment. The Ministry of Petroleum and Mineral Resources announced the openings through its international bidding platform last week. The offering includes five offshore blocks and seven onshore sites, providing a strategic mix of exploration zones for potential investors. These 12 blocks are part of a broader licensing round

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International Gas News Oil

Uganda, Tanzania, and Zanzibar Sign Landmark Oil and Gas Cooperation Agreement

Uganda has signed a trilateral agreement with Tanzania and Zanzibar to strengthen regional cooperation in regulating the oil and gas sector. The move supports Uganda’s goal of producing its first oil by 2026, even as uncertainty persists over the timeline for its long-delayed refinery project. The agreement unites Uganda’s Petroleum Authority, Tanzania’s Petroleum Upstream Regulatory Authority (PURA), and the Zanzibar Petroleum Regulatory Authority (ZPRA) in a coordinated effort to enhance petroleum development across East Africa.

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Corporate News Gas International Oil

QatarEnergy Enters Algerian Upstream Market with Strategic Exploration Win

QatarEnergy has secured exploration rights for oil and gas in Algeria, marking its entry into the country’s upstream sector through the 2024 Algeria Bid Round. The announcement was made by ALNAFT, Algeria’s national agency responsible for hydrocarbon resource management. The Ahara Block was awarded to a consortium comprising QatarEnergy (24.5%), TotalEnergies (24.5%, also designated as the operator during the exploration phase), and Algeria’s state-owned Sonatrach (51%). QatarEnergy’s President and CEO, H.E. Mr. Saad Sherida Al-Kaabi,

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International Gas

Egypt Secures Over $8 Billion in LNG Deals to Avert Power Crisis Amid Energy Struggles

Egypt has finalized agreements with several major energy companies and global trading houses to purchase 150–160 cargoes of liquefied natural gas (LNG) through 2026, as the country races to secure fuel for its power grid amid deepening energy and economic challenges. Valued at more than $8 billion based on current market prices, the LNG procurement underscores the growing financial strain on Egypt’s government, already grappling with falling domestic gas production, a foreign currency shortage, and

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International Gas News

Zimbabwe Confirms First Commercial Gas Discovery

Zimbabwe has entered a new era in its energy sector with the confirmation of its first commercial natural gas discovery in the Cabora Bassa Basin. This milestone positions the country to join the growing list of emerging natural gas producers in Africa. The discovery was made by Invictus Energy, which has now secured approval to begin pilot production. As part of this initial phase, the company plans to supply gas to the Eureka Gold Mine—a

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