Angolan Mining Oil & Gas

Dangote Group Selects Engineers India for $350m Expansion of Lekki Refinery to 1.4 Million bpd Nigeria’s Dangote Group has awarded a $350 million contract to Engineers India Limited (EIL) to significantly expand its Lekki oil refinery, a move that would increase capacity to 1.4 million barrels per day and reinforce Nigeria’s ambition to become a regional hub for refined petroleum products. Under the agreement, the Indian state-owned engineering firm will deliver a second processing train

Read More Here

Eni, NOC, and BP Begin Deepwater Drilling in Libya’s Gulf of Sirte Eni North Africa and its partners, including Libya’s National Oil Corporation (NOC), BP, and the Libyan Investment Authority, have begun drilling their first deepwater exploration well offshore Libya in the Gulf of Sirte, marking a significant step forward in the country’s offshore energy development. According to the NOC, drilling operations are being carried out using a drillship owned by Italian energy services company

Read More Here

TotalEnergies Agrees to Sell 10% Stake in Nigeria’s SPDC Asset to Vaaris After Failed 2024 Deal TotalEnergies has reached an agreement to sell its 10 percent non-operated stake in Nigeria’s onshore SPDC asset—now restructured as the Renaissance joint venture—to Vaaris, reviving its strategy to divest from mature onshore oil operations in the country. The deal comes after the collapse of a proposed sale last year to Mauritius-based Chappal Energies, which was blocked by Nigerian regulators

Read More Here