Vital Industry News
Ghana Advances $28 Billion Petroleum Hub Expansion with New Development Agreement Namibia Urges Local Businesses to Position for Oil and Gas Opportunities Namibia and Angola Fast-Track N$941 Million Power Interconnector and Baynes Hydropower Project Namibia’s President Visits Luanda Refinery as Angola Strengthens Regional Energy Cooperation President Lourenço Invites Namibia to Take Stake in US$6.6 Billion Lobito Refinery Angola and Namibia Move to Accelerate Construction of US$1.5 Billion Baynes Dam Eni Targets 2028 Start-Up for Coral North LNG Project in Mozambique South Africa Dismisses Appeals Against TotalEnergies’ Offshore Exploration Afentra Prioritises Impala-2 Well in Revised Angola Drilling Programme BW Energy Confirms Up to 9 Million Barrels of Recoverable Oil Offshore Gabon
International Oil Petroleum

Ghana Advances $28 Billion Petroleum Hub Expansion with New Development Agreement

International Gas News Oil

Namibia Urges Local Businesses to Position for Oil and Gas Opportunities

Local Energy News

Namibia and Angola Fast-Track N$941 Million Power Interconnector and Baynes Hydropower Project

More Angolan Mining News

International Oil Petroleum

Ghana Advances $28 Billion Petroleum Hub Expansion with New Development Agreement

Ghana Signs $28 Billion Petroleum Hub Expansion Deal Featuring Refinery, Petrochemicals and Storage Infrastructure Ghana…
International Gas News Oil

Namibia Urges Local Businesses to Position for Oil and Gas Opportunities

Namibia Calls on Local Companies to Build Capacity for Oil and Gas Supply Chain Contracts…
Local Energy News

Namibia and Angola Fast-Track N$941 Million Power Interconnector and Baynes Hydropower Project

Namibia and Angola Prioritise N$941 Million Interconnector and Baynes Hydropower Project to Boost Regional Energy…
Local News Oil

Namibia’s President Visits Luanda Refinery as Angola Strengthens Regional Energy Cooperation

Namibia President Netumbo Nandi-Ndaitwah Visits Luanda Refinery During Angola State Visit Namibia’s President Netumbo Nandi-Ndaitwah…
Local News Oil

President Lourenço Invites Namibia to Take Stake in US$6.6 Billion Lobito Refinery

Angola Invites Namibia to Invest in 200,000 bpd Lobito Refinery Project Angola has invited Namibia…
Local Energy News

Angola and Namibia Move to Accelerate Construction of US$1.5 Billion Baynes Dam

Angola and Namibia Advance 860 MW Baynes Hydropower Project as Financing Plans Take Shape Angola…
International Corporate News Gas Oil

TotalEnergies Secures US$1.8 Billion Deal for African Oil and Gas Infrastructure

GIP to Inject US$1.8B Into TotalEnergies’ African Oil and Gas Infrastructure Portfolio TotalEnergies has entered into a partnership with Global Infrastructure Partners (GIP), part of BlackRock, covering some of the French energy company’s oil and gas infrastructure assets in Africa. Under the agreement, GIP will provide a US$1.8 billion capital contribution to TotalEnergies. In return, TotalEnergies will pay GIP a throughput-based tariff linked to the volumes transported through the infrastructure for a period of up

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Transport and Logistics Local News

Botswana and Angola Target Trade Growth by Removing Cross-Border Transport Barriers

Boko, Lourenço Call for Stronger Botswana-Angola Trade Connectivity Botswana and Angola are seeking to strengthen trade and transport links between the two countries, with Presidents Duma Boko and João Lourenço highlighting the need to address existing constraints on the movement of goods. The issue was raised during President Boko’s three-day state visit to Angola in September, where the two countries discussed measures to deepen economic and commercial cooperation. Lourenço said the potential for stronger bilateral

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Diamonds International News

Diamonds for Development Fund Targets Capital Mobilisation for Botswana Diversification

Botswana’s Diamonds Fund Seeks to Unlock Private and International Investment for Economic Diversification Botswana’s newly established Diamonds for Development Fund is seeking to mobilise additional domestic, private, institutional and international capital to support economic diversification and long-term investment across the country. Speaking in Gaborone, Fund Chairman Dr Akinwumi A. Adesina said the Fund would bring together government, businesses, financial institutions, industry and development partners to transform high-potential opportunities into investable projects. The Fund was established

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Corporate News International Oil Petroleum

Dangote Plans 2,650km Fuel Pipeline Through Botswana to South Africa

2,650km Dangote Pipeline to Link Walvis Bay With Southern African Fuel Markets Dangote Petroleum is planning to develop a petroleum-products pipeline of approximately 2,650 kilometres linking Namibia, Botswana and South Africa as part of a wider strategy to expand fuel distribution across Southern Africa. The proposed pipeline would transport petrol, diesel and aviation fuel from Dangote’s refinery in Nigeria to regional markets through a network centred on a planned storage facility at Walvis Bay, Namibia.

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Local Corporate News Oil

Sancorp Targets Angolan Deepwater Oil Blocks and Refinery Investment

Sancorp Eyes Stakes in Two Angolan Deepwater Oil Blocks and a Refinery Dubai-based energy and commodities trading group Sancorp is in advanced negotiations to acquire minority interests in two producing deepwater oil blocks in Angola and is also seeking an equity stake in one of the country’s planned refineries. The proposed investments form part of Sancorp’s strategy to expand beyond oil and refined-product trading into direct ownership of upstream and downstream energy assets in Africa.

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Oil Corporate News Local

ExxonMobil Makes 20th Discovery in Angola’s Prolific Block 15

ExxonMobil Makes 20th Oil Discovery in Angola’s Block 15 After 2.7 Billion Barrels of Production ExxonMobil and its partners have made a new oil discovery offshore Angola, marking the 20th discovery in Block 15, one of the country’s long-established deepwater producing assets. The discovery was made at the Vicango Este-01 exploration well, located approximately 370 kilometres north-west of Luanda in about 940 metres of water. The well was drilled using the Valaris DS-9 drillship. Angola’s

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Local News Oil Petroleum

China Turns to Angolan and Congolese Crude as Middle East Supply Disruptions Intensify

China Buys Angolan and Congolese Oil as Middle East Supply Disruptions Tighten Global Markets Chinese independent refiners have increased purchases of crude oil from Angola and the Republic of Congo as disruptions to Middle Eastern supplies force buyers to seek alternative sources. The purchases form part of a broader effort by Chinese refiners to secure crude from international markets as supplies from Iran and Russia become more difficult to obtain amid the ongoing conflict involving

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International News Oil

Senegal prepares 109 oil and gas blocks for new investment

Senegal to market 109 oil and gas blocks as government seeks new exploration investment Senegal is preparing to market 109 oil and gas blocks to local and international investors as the government seeks to expand exploration and attract new investment across its petroleum sector. The initiative forms part of Senegal’s strategy to increase exploration beyond its existing producing assets and make greater use of its offshore and onshore hydrocarbon potential. The government plans to promote

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Local Oil

TotalEnergies expands Angola portfolio after Acacia-5 oil discovery

TotalEnergies discovers Acacia-5 oil field in Angola and takes 40% stakes in two new exploration blocks TotalEnergies has announced a new oil discovery offshore Angola and secured operated interests in two additional exploration blocks, strengthening its position in the country’s Lower Congo Basin. The Acacia-5 discovery on Block 17 is expected to add about 6,000 barrels of oil per day to the block’s production. TotalEnergies plans to fast-track development by using available capacity on the

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International Corporate News Oil

Ghana opens new offshore exploration opportunities with Eni and Vitol

Ghana signs offshore exploration MoUs with Eni and Vitol for two Tano Basin acreages Ghana has signed two memoranda of understanding with Eni Ghana, Vitol Upstream Tano and the Ghana National Petroleum Corporation (GNPC) covering two offshore acreages in the Tano Basin, opening a new phase of exploration in the country’s petroleum sector. The agreements cover the Tano Basin offshore blocks, with Eni Ghana and Vitol expected to undertake technical and commercial evaluations of the

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