TotalEnergies has launched a series of public consultations in Namibia as part of the environmental and social impact assessment (ESIA) for its proposed offshore Venus oil project. Consultations will be held this week in Windhoek, with sessions scheduled for April 22 at the Franco-Namibian Cultural Centre and April 23 at the United Nations Plaza. The Venus project, located offshore Namibia, is expected to produce approximately 150,000 barrels of oil per day in its first phase.
Tanzania will launch its first oil and gas licensing round in more than ten years in May 2025, with a formal event planned in the United Kingdom, according to the Petroleum Upstream Regulatory Authority (PURA). The bidding round will offer 26 exploration blocks, located in Lake Tanganyika and the Indian Ocean, as part of Tanzania’s renewed efforts to tap into its hydrocarbon potential and attract foreign investment. PURA Director General Charles Sangwenj confirmed that data
Several multinational oil and gas companies, including Chevron, have withdrawn from Egypt’s Red Sea concession blocks following unsuccessful exploration efforts, according to the Egyptian Ministry of Petroleum. In 2019, Egypt awarded exploration licenses in the Red Sea to Chevron, Shell, and Abu Dhabi’s Mubadala Investment Company through an international bidding round aimed at positioning the country as a regional energy hub. “These companies invested millions of dollars within the agreed timelines,” said Moataz Atef, ministry
BP has successfully exported its first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore Mauritania and Senegal. This shipment marks BP’s third major upstream project to begin operations in 2025 and aligns with the company’s strategy to launch 10 new upstream projects by 2027. “This milestone adds a new source of energy to the global market,” said Gordon Birrell, BP’s EVP of Production & Operations. “Launching LNG
Kuwait’s Independent Petroleum Group (IPG) has secured two major oil infrastructure contracts in Sudan and Mozambique, with a combined value of approximately $50 million. In a statement to the stock exchange, IPG confirmed that the Port Sudan project, located along the Red Sea, involves the construction of oil storage tanks valued at nearly $30 million. The second contract, awarded in Matola, near Maputo, Mozambique’s capital, focuses on the construction of liquefied petroleum gas (LPG) tanks.
A delegation of South Korean experts met with the Mozambican government on Monday, October 14, in Maputo for a seminar focused on promoting the widespread use of vehicular natural gas. The initiative comes at a critical time, as Mozambique faces ongoing challenges with liquid fuel imports. Opening the seminar, South Korean Ambassador Bok-won Kang expressed his country’s pride in supporting Mozambique’s efforts to adopt cleaner and more sustainable energy solutions. He noted that South Korean
At its April 11 Council of Ministers meeting, the Democratic Republic of Congo (DRC) approved a draft decree granting petroleum rights directly to the state-owned Société Nationale des Hydrocarbures du Congo (Sonahydroc). This decree establishes the legal and fiscal framework for the transfer, aligning with the country’s oil and gas law enacted on August 1, 2015. The move signals a renewed push by the DRC to revitalize oil exploration and increase domestic production, aiming to
Mellitah Oil and Gas Company is set to begin drilling eight offshore gas wells at Structure A, located in Libyan waters with depths reaching up to 100 meters. Drilling operations will commence shortly following the arrival of the Valid Rig, operated by Borr Drilling—a global leader in offshore drilling services. The campaign is expected to last approximately 15 months and aims to produce around 160 million cubic feet of natural gas per day. The project
The African Export–Import Bank (Afreximbank) has pledged $3 billion to support the trade of refined petroleum products across Africa, aiming to reduce the continent’s dependence on imported fuel and strengthen intra-African energy trade. The announcement was made by Afreximbank Executive Vice President Kanayo Awani at an energy conference in Cape Town, South Africa. According to Reuters, Awani stressed the importance of enhancing Africa’s refining capacity to better utilize its abundant crude oil and natural gas
Reconnaissance Energy Africa Ltd. (ReconAfrica) has announced progress in its drilling operations at Prospect I, the largest target in its Namibian exploration campaign. Located within Petroleum Exploration Licence 073 (PEL 73) in the Kavango Basin, Prospect I marks a significant milestone in the company’s efforts to unlock new oil and gas resources. An updated independent resource assessment by Netherland, Sewell & Associates Inc. (NSAI) estimates that Prospect I holds approximately 365 million barrels of unrisked
