Oando plans to raise USD 750 million in 2026 to fund drilling campaigns in Nigeria as European banks retreat from oil and gas financing in Africa.
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Helder Machado of TechnipFMC talks about the importance of Angola as a hub for delivering projects across Africa and beyond.
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Renaissance Africa Energy has made a major oil discovery in the shallow waters of Nigeria’s eastern Niger Delta.
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XRG and Eni have acquired 32% stakes from YPF in three Vaca Muerta blocks that will supply gas to the Argentina LNG project.
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Azule Energy has kicked off the Greater PAJ development offshore Angola following a positive FID, with first oil expected in 2029.
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Oando plans to raise USD 750 million in 2026 to fund drilling campaigns in Nigeria as European banks retreat from oil and gas financing in Africa.
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Eni has invested USD 70 million in Canada’s Nouveau Monde Graphite to build a vertically integrated ore-to-battery-material business.
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Libya’s NOC has announced three new oil and gas discoveries with Eni, Repsol and Sonatrach across onshore and offshore basins.
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Eni discovery offshore Egypt holds 56.6 bcm of gas and shows potential for fast-track development.
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Chevron and QatarEnergy have acquired stakes in Uruguay offshore blocks OFF-2 and OFF-7 from Shell, who will continue as operator.
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An Israeli strike on Iran’s South Pars gasfield has driven oil and gas prices higher and heightened energy security risks in Iran.
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Eni has taken dual FIDs for deepwater gas hubs in Indonesia, boosting domestic supply and LNG exports.
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Pankaj Kalra of Essar Oil and Gas Exploration and Production talks about boosting production at the flagship Raniganj asset.
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Azule Energy has begun gas production from Angola’s Quiluma field under the New Gas Consortium project, targeting 9.4 mcm per day.
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