Ghana is set to enhance its energy grid with the launch of a strategic 20 MW solar project, aimed at strengthening national energy capacity and supporting the country’s energy transition goals. Led by Denmark-based Renergy Solar, the initiative is part of a larger 40 MW solar project aimed at expanding Ghana’s clean energy footprint and reducing carbon emissions. Renergy Solar has completed the necessary network and environmental impact assessments, with local regulators currently reviewing the
Libya’s crude oil production reached 1.4 million barrels per day (bpd) in December 2024, marking the country’s highest output since 2013. This achievement represents a key milestone in Libya’s goal to reach 2 million bpd by 2027. The National Oil Corporation (NOC) announced that the upcoming public bidding round for oil and gas in 2025 will support these production targets, attracting investments from major international companies. By increasing crude output, the NOC aims to boost
Al-Harouge Oil Operations, a subsidiary of Libya’s National Oil Corporation (NOC), has launched an advanced oil flow measurement system to enhance performance and increase production efficiency at the Amal oil field. The system features three main platforms: one to measure oil produced from the Amal field, another for oil received from NOC subsidiaries Gulf and Sarir, and a third for oil transferred to the Ras Lanuf port for export. Equipped with cutting-edge measurement technologies, the
The Republic of Congo is progressing with its electricity sector reforms by selecting a bidder to oversee the national distribution and commercialization of electricity. After a two-year competitive bidding process, the preferred candidate has been identified. While the company’s identity has not yet been revealed, the Council of Ministers has authorized continued negotiations with the chosen bidder. These talks will focus on finalizing the scope and terms of the concession agreement, with the goal of
Energy supermajor TotalEnergies has extended its contract for the Deepsea Mira semi-submersible rig, which is currently operating offshore Namibia. The rig is owned by Northern Ocean and managed by Odfjell Drilling. The extension adds 65 to 93 days to the initial contract term, generating an estimated additional revenue backlog of $27 million to $38 million for Northern Ocean. The sixth-generation CS 60 E harsh environment rig, capable of operating in water depths up to 10,000
Spanish energy giant Repsol has resumed exploration activities in Libya’s Murzuq Basin, ending a ten-year hiatus. On December 31, 2024, the company began drilling operations at the Al-2/130 exploratory well, also known as Muammal Nasr. Located approximately 800 kilometers south of Tripoli and 12 kilometers from the Sharara oil field, the well targets the Mumaniyyat formation with a planned final depth of 1,844 meters. Libya’s National Oil Corporation (NOC) welcomed the move, expressing optimism that
Mozambique exported nearly 80% of its electricity output to South Africa in 2023, solidifying its position as a leading energy producer in southern Africa. The country supplied electricity to six other neighboring nations, setting a new record for energy exports. According to the 2023 annual report from the National Statistics Institute, Mozambique exported a total of 11,585 GWh of electricity last year. South Africa, the largest buyer, accounted for 9,079 GWh. Other key recipients included
Mozambican President Filipe Nyusi has announced plans to increase the country’s cooking gas supply capacity by 60,000 tons in the coming quarter. This initiative is part of broader efforts to address 60% of Mozambique’s domestic energy consumption needs. President Nyusi revealed that a new gas production facility is under construction in Inhassoro, located in Inhambane province. The factory is expected to become operational next year, aiming to reduce dependence on imports and alleviate the demand
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has debunked rumors circulating in local media that the Old Port Harcourt Refinery, re-streamed two months ago after a $1.5 billion rehabilitation, has ceased operations. Olufemi Soneye, NNPC’s Chief Corporate Communications Officer, dismissed the claims as “totally false,” stating that the refinery remains fully operational. He noted, “Preparation for the day’s loading operation is ongoing.” Soneye described the reports as deliberate attempts to create artificial scarcity and
Nigerian billionaire Aliko Dangote, owner of the $20 billion Dangote Refinery, has shed light on the recent drop in fuel prices across Nigeria, following a year of steady increases. Speaking on Arise TV, Dangote emphasized that the price reduction was driven by market dynamics rather than any deliberate effort by marketers to provide festive season relief. Dangote explained, “The price reduction is a response to the market, let me just put it that way. It
