Libya’s Zliten Field Adds 1,985 Barrels/Day as SOPC Completes New Horizontal Well A newly drilled well in Libya’s Zliten oil field is now producing a steady 1,985 barrels of crude oil per day, marking a significant advancement in the country’s upstream energy operations. Masoud Suleiman, interim president of Libya’s National Oil Corporation (NOC), commended the Sirte Oil and Gas Production and Processing Company (SOPC) for the successful drilling and testing of the C357H-6 horizontal well,
Egypt to Offer Offshore and Onshore Gas Exploration Blocks to International Firms in August Egypt is set to allocate a new round of gas exploration blocks to international energy companies in August, as part of its ongoing strategy to boost natural gas production and attract foreign investment into the country’s energy sector. The upcoming concessions include large onshore and offshore areas, primarily located in the northern and northeastern regions, with significant portions situated in the
Top international oil companies, including ExxonMobil, Chevron, TotalEnergies, and Eni, are actively competing in Libya’s newly reopened oil and gas licensing round, according to Masoud Suleman, Chairman of the National Oil Corporation (NOC). This marks Libya’s first major bid round since the country descended into civil conflict following the fall of Muammar Gaddafi in 2011. The renewed offering has attracted strong interest from a wide array of global energy firms, signaling a potential turning point
Angola has installed its first submarine electricity cable in the municipality of Mussulo, marking a major milestone in the country’s energy infrastructure. The cable is expected to significantly enhance the region’s power supply, increasing capacity from 20 to 30 megawatts. According to a statement from the Mussulo municipal administration, the cable was installed on Wednesday, July 2, 2025. In addition to carrying electricity, the cable also includes integrated optical fiber, making it a dual-purpose infrastructure
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
