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Offshore Africa Magazine - April 2025

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Offshore Africa Description:

Publisher: Jubert-Communications-Limited

Category: Business

Language: English

Frequency: 11 Issues/Year

Offshore Africa magazine is the voice of the African oil and gas industry. The publication is launched to highlight recent developments in the oil and gas sectors in Africa.

In this issue

NNPC’s Ambition: Africa’s Own Aramco?

GNPC Ramps Up Ghana’s Investment Drive

Oil Prices Drop-Relief for Africa?

OPEC Trims 2025 Oil Demand Forecast

OPEC has revised its 2025 global oil demand growth forecast downward by 150,000 barrels per day (bpd), projecting a rise of 1.30 million bpd, amid growing economic uncertainties and U.S. trade tariffs.

1 mins

Walcot Expands into Angola with Strategic Oil Block Deal

Nigerian-led Walcot Limited secures operatorship in Angola's Lower Congo Basin, strengthening its pan-African energy footprint

1 mins

Eni Nears Award of FPSO Contract for Baleine Phase 3 Offshore Ivory Coast

Italian energy major Eni is poised to award a pivotal floating production, storage, and offloading (FPSO) vessel contract for the third phase of its flagship Baleine oil and gas development offshore Côte d'Ivoire, signaling another major step in the rapid evolution of West Africa's most ambitious upstream project.

1 mins

GNPC to receive Final Seismic Survey Report on Voltaian Basin

BGP-Bay Geophysical Services Ltd., the company contracted by the Ghana National Petroleum Corporation (GNPC) for seismic data acquisition in the Voltaian Basin, is set to present its final report this April, marking a key milestone in Ghana's upstream oil and gas exploration efforts.

1 mins

Libya Restarts Mabruk Oilfield Production After 10-Year Halt

Libya's Mabruk Oil Operations has restarted crude production at the Mabruk oilfield, marking a crucial step in the country's efforts to revitalize its oil industry after years of instability.

1 mins

Aquaterra Energy to Deliver Advanced Subsea Well Intervention Solution for Intrepid Energy's Nigerian Operations

A quaterra Energy, a leading provider of offshore engineering solutions, has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention package for a project in Nigeria.

2 mins

Tullow Oil: Turning the Corner in its Long Battle with Debt?

In March 2025, Tullow Oil, a prominent West Africa-focused oil and gas explorer, announced a return to profitability, a significant milestone in its long-running battle with mounting debts.

3 mins

DEME Group Selects Cohesive for IBM Maximo Application Suite Upgrade

Cohesive, part of Bentley Systems, has been appointed by DEME, a leading contractor in the fields of offshore energy, environmental remediation, dredging, and marine infrastructure, to support a key technology project designed to enhance management of its 100-strong fleet of specialist vessels.

1 mins

Namibia's Moment: New Leadership, Bold Reforms, and the Future of Oil and Gas

In a decisive shift that could redefine Africa’s energy landscape, Namibia is fast becoming a focal point for oil and gas development.

2 mins

Judith Adjobah Blay Named Acting CEO of Ghana Gas

President John Dramani Mahama has appointed Judith Adjobah Blay as Acting Chief Executive Officer of the Ghana National Gas Company Limited.

1 mins

Senegal and China Deepen Energy Ties with Landmark Gas Infrastructure Agreement

In a significant move poised to reshape Senegal's energy landscape, PETROSEN HOLDING SA and China Road and Bridge Corporation Senegal SARL (CRBC-SARL) have signed a strategic Memorandum of Understanding (MoU) to jointly advance the country's gas infrastructure ambitions.

1 mins

Eni Bets Big on North Africa with €24 Billion Investment Surge: A Strategic Response to Europe's Energy Imperatives

Italian energy giant Eni is doubling down on its North African portfolio, announcing a sweeping €24 billion ($26.24 billion) investment plan targeting Algeria, Libya, and Egypt over the next four years.

4 mins

Eni Bets Big on North Africa with €24 Billion Investment Surge: A Strategic Response to Europe's Energy Imperatives

4 mins

Ghana's Downstream Oil and Gas Sector: Navigating Challenges, Unlocking Opportunities

Ghana’s downstream oil and gas sector stands at a transformative juncture, grappling with regulatory complexities, financial pressures, aging infrastructure, and market inefficiencies. However, within these challenges lie opportunities for innovation, strategic investment, and progressive reform.

3 mins

Global Refining Industry Faces Major Shakeup as Closures Loom

The mega Dangote refinery is impacting Africa’s petroleum imports

3 mins

EACOP Crude Pipeline Secures First Round of Financing

The company behind Uganda's East African Crude Oil Pipeline (EACOP) has successfully closed its first external financing round, securing support from a consortium of commercial banks and Afreximbank.

1 mins

Trump's Tariff Shockwave: How U.S. Trade Policy Is Reshaping Africa's Oil and Gas Landscape

When U.S. President Donald Trump returned to the political stage, few expected that his trademark protectionist stance would once again send tremors through global markets.

3 mins

GNPC Ramps Up Investment Drive to Boost Ghana's Upstream Oil and Gas Sector

The Ghana National Petroleum Corporation (GNPC) is intensifying its efforts to attract investment and scale up production in the country’s upstream oil and gas sector, with a renewed focus on strategic partnerships, operational efficiency, and sustainable development.

2 mins

GNPC Ramps Up Investment Drive to Boost Ghana's Upstream Oil and Gas Sector

2 mins

Ethiopia's Koysha Hydropower Dam Reaches 65% Completion Amid Renewed Funding Push

Ethiopia's Koysha Hydropower Dam has reached 65% completion, marking a major milestone in one of the country's most ambitious energy projects.

1 mins

Angola's Bold Energy Strategy: Powering Growth with Renewables, Gas, and Hydropower

Angola is making significant strides toward securing its energy future, driven by a comprehensive strategy to meet the increasing power demands of its growing population.

2 mins

Can Nigeria's NNPC Become Africa's Aramco? A New CEO, A New Board, and a Nation's Last Shot at Energy Reform"

Nigeria's oil and gas industry— long plagued by inefficiency, opacity, and political interference—is standing at a pivotal crossroads.

4 mins

Newcore Gold Hits Promising Gold Intersections at Enchi Project in Ghana

Newcore Gold Ltd. has announced encouraging results from its ongoing 35,000-metre drill program at the 100%-owned Enchi Gold Project in Ghana, highlighting significant potential for resource growth and conversion.

1 mins

ArcelorMittal's Lifeline: South African Bailout, Liberian Endorsement Signal New Chapter for Steel Giant

ArcelorMittal’s dual operations in South Africa and Liberia are undergoing critical transitions that reflect the steel giant’s mounting challenges and strategic shifts across the continent.

2 mins

Thor Explorations Unveils New Gold Discoveries at Douta-West in Senegal

Thor Explorations Ltd. has announced encouraging new gold discoveries from its Douta-West licence, part of the broader Douta Gold Project in eastern Senegal.

1 mins

Trump's Tariffs Shake Gold Markets: What It Means for Africa's Gold Producers

Gold prices are at record levels but Africa producers are marginal beneficiaries

2 mins

Engineering Nigeria's Gas Future: How Solewant Group Is Driving Industrial Growth Through Innovation and Local Content

As Nigeria sets its sights on becoming a global gas powerhouse, a quiet engineering revolution is underway—driven not by foreign conglomerates, but by a determined indigenous firm rewriting the playbook for energy infrastructure.