Angola’s ANPG Confirms 500 Million-Barrel Oil Discovery at Algaita-01 Well in Block 15/06 National Agency of Petroleum, Gas and Biofuels (ANPG) has announced a new oil discovery at the Algaita-01 well in Block 15/06, located in the Lower Congo Basin offshore Angola. The find is estimated to contain approximately 500 million barrels of oil in place, reinforcing the basin’s exploration potential. Drilling Results Drilling operations at Algaita-01 commenced on January 10 in water depths of
Kenya Targets First Oil by Year-End After Gulf Energy Leases GW70 Rig for South Lokichar Basin Kenya is moving closer to achieving its first commercial oil production following the decision by Gulf Energy E&P BV to lease a high-capacity onshore drilling rig for operations in the South Lokichar Basin. Gulf Energy, which assumed control of the Turkana oil project, has contracted the GW70 onshore rig as part of efforts to accelerate development of the long-delayed
Egypt’s EETC Issues 500 MW Solar Tender Under BOO Model to Boost Clean Energy Investment Egyptian Electricity Transmission Company (EETC) has announced a major renewable energy tender for the development of a 500-megawatt (MW) solar photovoltaic (PV) power plant, marking a significant step in Egypt’s strategy to diversify its energy mix and increase the share of renewables in the national grid. The 500 MW project is designed to strengthen Egypt’s clean energy infrastructure and support
Libya Resumes Sinawen Oil Field Production in Nalut After 3.5-Year Suspension National Oil Corporation (NOC) has resumed production at the Sinawen oil field in the Nalut region of western Libya, ending a shutdown that lasted more than three and a half years. The field was taken offline due to financial and technical challenges related to crude transportation via pipelines connected to the Mellitah Oil and Gas Complex. According to the NOC, these constraints disrupted export
Ghana Approves Kosmos Energy License Extensions to 2040, Unlocking $2 Billion Investment and Boosting Jubilee & TEN Output Kosmos Energy has secured parliamentary ratification in Ghana for license extensions covering the West Cape Three Points and Deepwater Tano Petroleum Agreements. The approvals allow continued operations at the Jubilee and TEN fields through 2040, reinforcing long-term production and investment certainty in the country’s offshore sector. The extensions are expected to unlock up to $2 billion in
Zambia’s Energy Regulation Board Approves ZMW 2.45 Billion in New Energy and Petroleum Investments The Energy Regulation Board (ERB) has approved 29 licence applications and five construction permits across the petroleum, electricity and renewable energy sub-sectors, representing a total committed investment of ZMW 2.45 billion (approximately US$130 million). The approvals were granted by the Board’s Licensing Committee at its meeting on 13 February 2026, signalling sustained investor confidence in Zambia’s energy market. The ERB stated
NNPC Confirms Seplat Maintenance from Feb 12–15 May Temporarily Reduce Gas Supply to Nigerian Power Plants Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that Seplat Energy will conduct routine maintenance on its gas production facilities from February 12 to 15, 2026. According to a statement issued by NNPC’s Chief Corporate Communications Officer, Andy Odeh, the scheduled work may temporarily reduce gas supply to some power generation companies connected to the NNPC Gas Infrastructure
East African Crude Oil Pipeline Nears Completion as Uganda and Tanzania Plan First Oil Shipment in July 2026 Tanzania and Uganda are preparing to launch their first crude oil shipment through the East African Crude Oil Pipeline (EACOP) by July 2026, following high-level talks between Tanzanian President Samia Suluhu Hassan and Ugandan President Yoweri Museveni. Officials from both countries confirmed that technical coordination is underway to finalize export readiness, including operational procedures and supporting infrastructure
Angola Oil Exports Reach 357 Million Barrels in 2025 as China, India and Indonesia Lead Demand Angola exported 93.94 million barrels of crude oil in the fourth quarter of 2025, bringing total annual exports to 357.10 million barrels, according to the Ministry of Mineral Resources, Petroleum and Gas. The exports generated approximately $24 billion in revenue for the year. The figures were presented by Secretary of State for Oil and Gas José Barroso during a
Cabinda Refinery Set to Supply Diesel and Jet Fuel from March as Gemcorp Plans $700M Expansion The Chief Executive Officer of Gemcorp announced in Luanda that the Cabinda Refinery is expected to begin supplying petroleum products to the market as early as March, following the completion of final performance tests. Speaking at the launch of Imbono, an integrated investment development platform, Marcelo Hofke said commissioning activities are nearing completion, with testing scheduled to conclude by
