Angola’s Inspector General of Labor, Manuel Bole, has expressed serious concern over safety conditions in the country’s oil sector following a deadly accident earlier this year that claimed three lives and left several workers severely injured. The incident occurred in May on the deepwater oil platform Benguela Belize Lobito Tomboco, operated by Cabinda Gulf Oil Company (Cabgoc), a Chevron subsidiary, in Block 14 off the coast of Cabinda. A fire broke out on the platform’s
Over its projected 30-year operational lifespan, the Coral Sul floating liquefied natural gas (LNG) platform is expected to contribute approximately 16 billion US dollars to the Mozambican state through taxes and fees. This estimate was revealed on Tuesday during a media visit to the Coral Sul platform, organized by Mozambique’s Ministry of Mineral Resources and Energy. Operated by Italian energy company ENI, the platform is managed locally by ENI Rovuma Basin. During the visit, ENI
Mali’s court-appointed administrator has announced plans to sell one metric ton of gold—valued at approximately $107 million—that was previously seized from the Loulo-Gounkoto gold complex, a site operated by Canadian mining giant Barrick Gold. The sale marks a major development in the ongoing dispute between the Malian government and Barrick. According to Reuters, the gold sale decision was made as part of the government’s broader effort to reassert control over the mining site and address
The Ministry of Energy and Green Transition has officially declared the Eban-Akoma oil and gas discoveries in the Cape Three Points Block 4 (CTP-B4) as commercially viable, marking a major milestone in Ghana’s upstream petroleum sector. The Declaration of Commerciality (DoC) was submitted by a joint venture comprising Eni Ghana Exploration & Production Ltd, Vitol Upstream Tano Ltd, Woodfields Upstream Ghana Ltd, and GNPC Exploration & Production Company Ltd (Explorco), in collaboration with the Ghana
Angolan President João Lourenço emphasized the importance of strengthening US-Africa trade relations during a high-level summit in Luanda last week. He called for a shift from aid-based engagement to mutually beneficial trade and investment, urging a reassessment of existing US tariffs on African exports. President Lourenço stressed that Africa offers far more than traditional sectors like oil and mineral extraction. He encouraged US companies to explore high-potential industries such as automotive manufacturing, shipbuilding, tourism, cement
The construction of the Pointe-Noire–Loutété–Maloukou-Trechot pipeline is scheduled to begin by the end of 2025. This major infrastructure project is being developed through a public-private partnership between the Republic of Congo and Russian pipeline company Zakneftegazstroy-Prometey. The announcement was made last week during a meeting between Denis Christel Sassou Nguesso, Congo’s Minister of International Cooperation and Public-Private Partnership Promotion, and Pavel Sorokin, Russia’s Deputy Minister of Energy. Both officials welcomed the progress made on the
Sierra Leone is awaiting the results of its first offshore 3D seismic survey in over a decade before deciding whether to launch a new oil and gas licensing round later this year, according to the country’s Petroleum Directorate. The six-week seismic campaign, which began last month, is being conducted by GeoPartners in collaboration with the Petroleum Directorate of Sierra Leone. The goal is to de-risk offshore exploration by generating high-resolution data across the country’s offshore
Egypt has increased natural gas production at the Zohr field by 60 million cubic feet per day following the successful redrilling of the Zohr-6 well, according to the Ministry of Petroleum and Mineral Resources. With Zohr-6 now complete, drilling operations have moved to the Zohr-13 well, which is expected to add a further 55 million cubic feet per day to production, based on technical assessments. These developments represent a significant step forward in enhancing Egypt’s
Namibia’s state-owned power utility, NamPower, has commenced construction of the 100 MW Sores|Gaib Solar Power Plant, located approximately 33 kilometers from Rosh Pinah in the southern part of the country. The $90.3 million project is being financed in part by a $73 million loan from Germany’s development bank, KfW, with NamPower covering the remaining costs. Namibia has historically relied heavily on imported electricity. In 2022, the country sourced nearly 78% of its power from foreign
Namibia is preparing to introduce financial incentives to support the development of the Venus oil field, operated by TotalEnergies, as the country aims to become an oil producer within the next five years. The initiative was confirmed by Kornelia Shilunga, recently appointed Special Adviser and Head of the Upstream Petroleum Unit in the Namibian Presidency, who acknowledged the scale and financial demands of the deepwater project. “The government recognises the complexities and high costs associated
