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International Corporate News Exploration Gas Oil

CNOOC to Launch Offshore Exploration in Mozambique as LNG Projects Regain Momentum

CNOOC Begins Mozambique Drilling Next Month as Rovuma Basin LNG Projects Resume Development China National Offshore Oil Corporation (CNOOC) plans to begin hydrocarbon exploration offshore Mozambique next month, targeting blocks awarded during the country’s sixth licensing round in 2022. Mozambique’s Minister of Energy, Estêvão Pale, announced at Mining Indaba 2026 in Cape Town that preparations for drilling activities will commence in March. He indicated that the government remains in the early stages of exploration across

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International Corporate News Gas Oil

Petrosen to Invest $100m in Onshore Oil and Gas Exploration Drive

Senegal’s Petrosen Launches $100 Million Onshore Oil and Gas Exploration Campaign After Licence Revocations Petrosen, Senegal’s state-owned oil company, will invest at least $100 million this year to accelerate onshore oil and gas exploration, targeting new crude discoveries in underdeveloped inland basins. The programme follows regulatory reforms and the revocation of licences from operators that failed to advance seismic surveys or drilling activities. The government has signalled a tougher stance on inactive acreage as it

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Oil Expos & Events Gas

Angola Oil & Gas Conference Set to Spotlight Investment and Long-Term Energy Growth

Angola Oil & Gas 2026: Luanda Conference to Attract 3,000 Delegates and $70bn in Upstream Investment Focus The Angola Oil & Gas (AOG) Conference and Exhibition, scheduled for 9–10 September in Luanda, is expected to bring together around 3,000 participants, 150 speakers, and more than 600 companies under the theme “Investing in Angola’s Future.” Organised by Energy Capital & Power, the event was officially launched on Tuesday evening and is positioned as a strategic platform

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International Gas Oil

Mozambique Signals Imminent Restart of ExxonMobil’s $30 Billion Rovuma LNG Project

Mozambique President Says ExxonMobil Likely to Restart $30 Billion Rovuma LNG Project Within 18 Months Mozambique’s President, Daniel Chapo, has indicated that ExxonMobil is expected to restart its $30 billion Rovuma LNG project within the next 12 to 18 months, signalling renewed momentum for large-scale gas development in the country. Chapo made the announcement on Thursday in Cabo Delgado during a ceremony marking the official relaunch of TotalEnergies’ LNG project in the region. He said

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International Gas Transport and Logistics

Morocco to Launch Nador West Med Port as Second Major Mediterranean Deepwater Hub

Morocco Set to Open Nador West Med Port in Q4, Expanding Mediterranean Trade and Energy Capacity Morocco is preparing to bring its second Mediterranean deepwater port, Nador West Med, into operation in the fourth quarter of this year, marking a major step in expanding the country’s maritime and logistics capacity. The new port is designed to build on the global success of Tanger Med, which is currently the largest port in both the Mediterranean region

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Local Gas News

Angola Moves to Rebalance Gas Strategy Beyond Oil-Linked Supply

Angola Accelerates Non-Associated Gas Development to Boost LNG Exports and Domestic Energy Demand Angola is accelerating a strategic shift in its gas sector, moving beyond reliance on associated gas reinjection toward non-associated gas development, LNG optimization, expanded midstream infrastructure, and rising domestic demand. The transition marks a critical inflection point in the country’s long-term energy strategy as declining oil output heightens the need to maximize gas monetization. For much of its post-independence history, Angola treated

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Corporate News Gas International Oil

Chevron Returns to Libya with New Oil and Gas Exploration Agreement

Chevron Signs MoU with Libya’s NOC to Assess New Oil and Gas Opportunities Energy major Chevron has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate potential oil and gas exploration and development opportunities, supporting the country’s efforts to boost hydrocarbon production. The agreement was signed during the opening ceremony of the Libya Energy and Economic Summit 2026 in Tripoli on Saturday. It was formalised by NOC Chairman Masoud Suleiman

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International Gas News

AfDB Approves $150 Million Loan for Mozambique’s Coral North FLNG Project

African Development Bank Backs Mozambique’s Coral North FLNG Project with $150 Million Loan The African Development Bank (AfDB) has approved a $150 million senior loan to support the Coral North Floating Liquefied Natural Gas (FLNG) Project, a major offshore energy development in Mozambique. The decision was endorsed by the AfDB Board of Directors on 14 January. Coral North FLNG builds on the success of the Coral South FLNG project, which began operations in 2022. The

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Corporate News Gas International

Seplat Starts Gas Production at 300 MMscfd ANOH Project in Nigeria

Seplat Brings ANOH Gas Project Onstream, Strengthening Nigeria’s Domestic Gas Supply Seplat Energy, Nigeria’s leading independent energy company, has confirmed the start of gas production at its ANOH gas project, a 300 million standard cubic feet per day (MMscfd) facility that is expected to play a key role in boosting domestic gas supply and reducing routine flaring in the Niger Delta. Following completion of the 11-kilometer Indorama gas export pipeline and receipt of regulatory approval

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Local Gas News Oil

Angola Moves to Strengthen Offshore Oil and Gas Support with PAENAL Stake Sale

Angola to Sell Sonangol Stake in PAENAL to Boost Offshore Oil and Gas Services Angola has taken a decisive step to strengthen its offshore oil and gas support infrastructure by approving the sale of the State’s indirect shareholding in PAENAL – Porto Amboim Estaleiros Navais Limitada to a strategic and technological partner. According to Presidential Decree No. 368/25, published in the Official Gazette on December 31, 2025, the State’s participation in PAENAL, held through Sonangol,

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