TotalEnergies Eyes Mid-2025 Restart for $20 Billion Mozambique LNG Project

TotalEnergies is preparing to request Mozambique’s approval to lift the force majeure on its $20 billion liquefied natural gas (LNG) project, with plans to resume construction by mid-2025, according to Reuters. The project has been suspended since 2021 due to insurgent attacks in the Cabo Delgado region. It involves the development of the Golfinho and Atum gas fields in the Offshore Area 1 block, along with the construction of a two-train liquefaction plant with an

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Tullow Oil Resumes Drilling at Jubilee Field Following Successful Maintenance

Tullow Oil, through its Ghanaian subsidiary, has resumed drilling operations at the Jubilee Field, marking a new phase in the company’s development activities in the country. This latest campaign follows the successful completion of a previous drilling program that delivered 18 wells ahead of schedule and under budget. “The restart of drilling marks another milestone in our journey in Ghana and underscores our confidence in the country’s resource potential,” said Jean-Médard Madama, Managing Director of

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GEOCEAN Advances Congo LNG Project with Key Mooring Installation Milestone

French marine contractor GEOCEAN has successfully completed a key phase in the installation of a mooring system for a floating liquefied natural gas (FLNG) unit offshore Congo, part of Eni’s Congo LNG project in the Marine XII block. This milestone involved the placement of a drilling guide template and diver-assisted inspections to ensure precise alignment and safety in the offshore environment. It followed the arrival of the jack-up barge La Sianna at the site in

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BW Offshore Transfers FPSO BW Adolo Operations to BW Energy Gabon

Energy services firm BW Offshore, along with its exploration partner BW Energy, has successfully transferred operations and maintenance (O&M) responsibilities for the FPSO BW Adolo to BW Energy’s Gabonese subsidiary, BW Energy Gabon SA. Under the revised agreement, BW Energy will continue to own the FPSO through a bareboat charter arrangement, leasing the unit to BW Energy Gabon under existing terms, excluding O&M services. The vessel is currently producing oil from the offshore Dussafu Marin

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Subsea7 Secures Major Subsea Installation Contract Offshore West Africa

Offshore engineering company Subsea7 has been awarded a significant subsea contract for a project located offshore West Africa. Valued between $50 million and $150 million, the contract includes the transportation and installation of flexible pipelines, umbilicals, and associated subsea infrastructure to connect a floating production, storage and offloading (FPSO) vessel. The scope also covers pre-lay activities in preparation for an upcoming drilling campaign. “Our close and agile collaboration with clients enables us to deliver cost-effective

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World Bank Approves $350 Million Grant for Malawi’s Landmark Mpatamanga Hydropower Project

The World Bank has approved a $350 million grant to support the development of Malawi’s 358.5 MW Mpatamanga Hydropower Storage Project (MHSP), a transformative initiative expected to generate 1,544 GWh of clean energy annually—enough to power over one million households. “MHSP is a top priority for our government as the least-cost option to meet our growing energy demand and achieve our access targets,” said Ibrahim Matola, Malawi’s Minister of Energy. With a total estimated cost

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Republic of Congo Approves New Oil Exploration Permits to Boost Hydrocarbon Output

The Republic of Congo has approved two key decrees aimed at accelerating growth in the hydrocarbon sector and reinforcing the strategic role of the national oil company, Société Nationale des Pétroles du Congo (SNPC). During a Council of Ministers meeting held on May 13, the government granted SNPC the new Likouala II exploration permit. This followed the relinquishment of the original concession by independent oil and gas company Perenco and its joint venture with SNPC,

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Côte d’Ivoire Partners with Yaatra Ventures to Build $5.1 Billion Oil Refinery

Côte d’Ivoire has signed a strategic partnership with U.S.-based Yaatra Ventures to develop a second oil refinery, aiming to expand its refined petroleum exports across West Africa. The project, developed in collaboration with the state-owned Société Ivoirienne de Raffinage (SIR), is expected to attract more than CFA 3,000 billion (approximately $5.1 billion) in investment. During the signing ceremony, Energy Minister Mamadou Sangafowa Coulibaly emphasized the country’s ambition to double its refining capacity. Yaatra and SIR

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Egypt Strikes New Gas Find in Western Desert as Energy Ambitions Grow

Egypt has discovered gas-bearing zones in a well located in the Western Desert, with a net thickness of 253 feet (approximately 77.1 meters) and an estimated yield of 12.5 million barrels of oil equivalent. Engineers are currently conducting production tests while advancing plans to extend a 23-kilometer pipeline, valued at $10 million. Additional drilling is also underway, aimed at boosting daily gas output to 30 million cubic feet. Meanwhile, experts are evaluating two newly discovered

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Nigeria Finalizes Legal Framework for African Energy Bank Ahead of Launch

The Federal Government of Nigeria has finalized the key legal and governance frameworks required to launch the African Energy Bank, marking a significant step forward in the project’s implementation. During a recent meeting in Abuja, Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, hosted African Export-Import Bank (Afreximbank) President Prof. Benedict Oramah and African Petroleum Producers’ Organization (APPO) Secretary General Omar Farouk Ibrahim to review progress on the initiative. A statement issued on Sunday

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