Libya and Tunisia Open Joint Offshore Oil and Gas Bid Round

Libya-Tunisia Joint Oil Offers 3,000km² Offshore Acreage in New Exploration Bid Round Libya and Tunisia have opened a new bid round for oil and gas exploration and development opportunities in their shared offshore zone, covering approximately 3,000 square kilometres in the central Mediterranean. The round, launched by the Libya-Tunisia Joint Exploration, Exploitation and Petroleum Services Company (Joint Oil), includes exploration of the Joint Oil Block and development of the Zarat oil and gas discovery, which

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Petrobras Signs Eight Offshore Exploration Contracts in Côte d’Ivoire

Petrobras to Invest CFA250B in Côte d’Ivoire’s Deepwater Oil Exploration Programme Brazilian oil major Petrobras has signed eight production-sharing contracts with Côte d’Ivoire for offshore exploration blocks covering about 34,000 sq km in the country’s sedimentary basin. The agreements cover blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through its wholly owned subsidiary Petrobras Netherlands B.V., will operate the blocks with a 90% interest, while state-owned PETROCI Holding will hold the remaining

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Eni Plans Up to US$2.3 Billion Investment in Angola in 2027

Eni to Invest US$2.3B in Angola as Azule Energy Expands Oil and Gas Development Eni plans to invest between US$2.2 billion and US$2.3 billion in Angola in 2027 as the Italian energy major and its Azule Energy joint venture advance new developments and extend production from mature oilfields. The planned spending will cover exploration, new field developments and brownfield activities aimed at sustaining and increasing production from Angola’s established offshore assets. Eni operates in Angola

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Africa Energy Advances Development Plans for South Africa’s Block 11B/12B

Africa Energy Moves Ahead With Brulpadda and Luiperd Gas Development Offshore South Africa Africa Energy Corp. has advanced plans to develop the Brulpadda and Luiperd gas-condensate discoveries in South Africa’s offshore Block 11B/12B after submitting a new environmental authorisation application covering full-field development and production activities. The application was submitted by Main Street 1549 to the Petroleum Agency of South Africa on September 14, replacing an earlier application focused on a non-intrusive survey programme. A

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Indonesia Targets Deeper Oil and Gas Investment in Angola

Indonesia Eyes Angola Upstream Investment, Oil Offtake and Energy Training Partnerships Indonesia is seeking to deepen its oil and gas relationship with Angola through upstream and midstream investment, long-term crude and gas offtake agreements and technical training for Angolan students. Indonesia’s Vice Foreign Minister Arif Havas Oegroseno said the country wanted to build a broader partnership with Angola by drawing on its experience as a former oil exporter that has become increasingly dependent on imports.

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AMG eMagazine Sept-Oct Edition in Downloadable PDF Format

Hola, here is your free copy of the AMG eMagazine for you. Remember to share with your friends and colleagues. DOWNLOAD IT NOW! The Angolan Mining Oil and Gas magazine is shared with over 32,000 LinkedIn followers and over 23,000 Newsletter Subscribers. This creates a strategic target audience for your product and services to the Angolan mining, oil and gas sectors. Contact our team today; sales@angolanminingoilandgas.com or whatsapp +244 932 383928

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Oil Prices Near $100 as Middle East Strikes Raise Supply Risks

Brent Crude Nears $100 as Middle East Conflict Threatens Oil Supply and Shipping Routes Brent crude prices moved close to US$100 a barrel on September 9 as renewed attacks across the Middle East heightened concerns over disruptions to oil supplies and key shipping routes. Brent futures rose 1.3% to US$99.22 a barrel, while US West Texas Intermediate crude gained 1.2% to US$94.13 a barrel. Brent had increased by about 25% since early August as hopes

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Dangote Refinery IPO Attracts N1.5 Trillion in First Hour

Dangote Refinery IPO Draws N1.5 Trillion in Early Demand as Africa’s Largest Share Sale Opens Investors committed about N1.5 trillion to the initial public offering (IPO) of Nigeria’s Dangote Petroleum Refinery within the first hour of the share sale opening, highlighting strong early demand for Africa’s largest refinery. The IPO opened on September 14 on the Nigerian Exchange (NGX), with Dangote offering 4.1 billion ordinary shares at N525 each. The offer is targeting approximately N2.15

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One Month to Go: AEW 2026 Gears Up for Five Days of Deals, Dialogue and Energy Leadership

The African Energy Week (AEW) 2026 Conference and Exhibition, Africa’s largest energy gathering taking place October 12-16, is preparing to bring the full spectrum of Africa’s energy industry to Cape Town. With just one month to go, the platform is gearing up to unlock a new wave of billion-dollar deals and energy partnerships, with over 400+ high-level speakers, 9,000+ delegates, five conference stages, targeted dealmaking and roundtable discussions positioning African energy at the forefront of

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Petrobras Secures Eight Offshore Exploration Blocks in Côte d’Ivoire

Petrobras to Invest Over CFA250B in Côte d’Ivoire’s Ultra-Deepwater Oil Exploration Programme Brazilian state-owned oil company Petrobras has signed production-sharing contracts (PSCs) for eight offshore exploration blocks in Côte d’Ivoire, expanding its presence along Africa’s Atlantic margin. The agreements, signed in Abidjan on September 17, cover blocks CI-513, CI-600, CI-601, CI-602, CI-603, CI-605, CI-701 and CI-702. Petrobras, through its wholly owned subsidiary Petrobras Netherlands B.V., will operate the eight blocks with a 90% interest, while

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