Angolan Mining Oil & Gas

Tullow Oil to Bring Second Jubilee Well Online by Year-End as Noble Venturer Drillship Expands Offshore Ghana Drilling Tullow Oil, the UK-headquartered independent energy company, is advancing its 2025/26 drilling campaign at the Jubilee oilfield offshore Ghana, with plans to bring its second producer well online by the end of 2025. The development follows strong production results from the campaign’s first well and is being executed using the Noble Venturer drillship, owned by U.S.-based Noble

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Oando Revenue Falls 20% to ₦2.54 Trillion as Dangote’s $20 Billion Refinery Transforms Nigeria’s Fuel Supply Oando Plc, one of Africa’s leading energy companies led by Nigerian billionaire Wale Tinubu, reported a sharp decline in revenue for the first nine months of 2025 as Aliko Dangote’s $20 billion refinery began full operations, reshaping Nigeria’s downstream oil industry. The company’s revenue fell by ₦648 billion ($450 million), or 20%, to ₦2.54 trillion ($1.75 billion) in the

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TotalEnergies Set to Restart Mozambique LNG Project with $20.5 Billion Budget After Four-Year Freeze French energy giant TotalEnergies is preparing to restart its long-delayed Mozambique LNG project, with a confirmed budget of $20.5 billion, Chief Executive Officer Patrick Pouyanné told investors on Thursday. Pouyanné clarified that media reports had misinterpreted his recent letter to Mozambique’s president, which requested government approval for a $4.5 billion cost adjustment related to the project’s four-year suspension under force majeure.

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