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Offshore Africa - June 2025

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Offshore Africa Description:

Editor: Jubert-Communications-Limited

Categoría: Business

Idioma: English

Frecuencia: 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.

En este número

June 2025

Petrobras Eyes Côte d'Ivoire as Gateway to Africa in Global Expansion Strategy

Brazilian energy giant Petrobras is making a bold return to the African continent, with Côte d'Ivoire emerging as a linchpin in its overseas exploration ambitions. In a strategic shift that underscores the company’s intent to diversify reserves beyond its traditional base in Brazil’s prolific pre-salt basins, Petrobras is poised to acquire exploration rights in nine offshore blocks in Côte d’Ivoire, according to CEO Magda Chambriard.

3 mins

Eco Atlantic Secures Strategic Foothold in South Africa's Orange Basin with 75% Stake in Block 1

Eco (Atlantic) Oil & Gas Ltd. has secured a major strategic asset in the Orange Basin with final regulatory approval from South Africa's Department of Mineral and Petroleum Resources for the acquisition of a 75% working interest and operatorship of Block 1 offshore South Africa.

2 mins

Ghana's Deepwater Ambitions: Strategic License Extensions Signal a New Era for Oil and Gas Development

Ghana's upstream oil and gas sector is poised for a transformative decade as the Government of Ghana and key international partners—including Tullow Oil, Kosmos Energy, PetroSA, and state-owned Ghana National Petroleum Company (GNPC)—have signed a landmark Memorandum of Understanding (MoU) to extend the West Cape Three Points (WCTP) and Deep Water Tano (DWT) licenses until 2040. These licenses, which underpin operations in the prolific Jubilee and TEN fields, are central to Ghana's petroleum sector and its broader economic aspirations.

2 mins

Eni's New Offshore Campaign Signals Strategic Recommitment to Ghana's Energy Future

Italian energy major Eni has launched a new drilling campaign offshore Ghana, reaffirming its long-term commitment to the West African nation's energy sector. The move-centered on the Sankofa East 1X Side Track 2 well-comes amid renewed momentum in Ghana's upstream industry and signals Eni's intent to deepen its strategic footprint across the Gulf of Guinea.

2 mins

GeoPartners Launches Landmark 3D Seismic Survey Offshore Sierra Leone to Unlock Frontier Hydrocarbon Potential

In a major boost to Sierra Leone's upstream ambitions, leading geophysical services provider GeoPartners has announced the commencement of a cutting-edge multi-client 3D seismic acquisition project offshore Sierra Leone.

1 mins

Indigenous Firms Take Charge of Nigeria's Oil and Gas Future

A quiet revolution is reshaping Nigeria's oil and gas sector. Once the stronghold of international oil majors, the industry is now increasingly defined by the ambition, resilience, and innovation of indigenous companies. Nigerian-owned firms now produce more than 50% of the country’s crude oil output—a significant leap from around 40% prior to the recent wave of divestments by global players.

2 mins

Solewant Group at 25: From Startup to Industrial Powerhouse Driving Africa's Energy Future

Solewant Group, Nigeria's pioneering leader in pipe manufacturing and advanced coating solutions, celebrated its 25th anniversary on June 6, 2025, marking a quarter-century of innovation, impact, and industrial transformation in Africa's oil and gas sector.

1 mins

Nigeria's Gas Diplomacy: Powering Regional Unity and Prosperity

Nigeria is leveraging its vast gas reserves and regional partnerships to reshape Africa's energy future through strategic gas diplomacy, infrastructure investment, and intra-African trade.

4 mins

Pipelines Could Power Africa's Energy Future

Intercontinental Energy Infrastructure: Africa’s Missing Link to Development

4 mins

Eni Launches 'HPC Call4Innovators' to Accelerate Energy Transition with Supercomputing Power

In a bold move to turbocharge innovation in decarbonisation and advanced computing, Italian energy giant Eni has launched the “HPC Call4Innovators,” a global initiative offering open access to one of the world's most powerful supercomputers— HPC6. With applications open until August 7, 2025, the initiative is a strategic effort to unlock high-impact solutions for the energy transition using advanced computational capabilities.

2 mins

BYD Ramps Up Electric Vehicle Presence in South Africa with Dealership Expansion

Chinese electric vehicle giant BYD is set to significantly deepen its footprint in South Africa, announcing plans to nearly triple its dealership network by 2026 as part of an aggressive strategy to capture market share in Africa's largest auto market.

1 mins

Dangote Refinery's First Gasoline Cargo to Asia: A Game-Changer for Nigeria's Global Ambitions

Nigeria's Dangote Refinery is set to make history on June 22 with the export of its first 90,000 metric ton gasoline cargo to Asia—a landmark shift reflecting its emergence as a global supplier. While refined product exports began last year, they had remained within West Africa. Now, with Mercuria set to handle the shipment, Nigeria signals its readiness to compete on the world stage.

2 mins

Dangote Refinery's First Gasoline Cargo to Asia: A Game-Changer for Nigeria's Global Ambitions

6 mins

Africa's Fuel Price Balancing Act Amid Global Oil Volatility

As geopolitical tremors in the Middle East continue to rattle global oil markets, Africa faces renewed pressure on its fragile energy supply chains. With global crude prices rising sharply—driven by escalating tensions in the Persian Gulf, disruptions in the Red Sea, and OPEC+ output restraint—the cost of fuel across African countries is again under scrutiny. The coming weeks may see significant increases in pump prices across the continent, testing the resilience of economies already burdened by inflation, currency depreciation, and weak refining infrastructure.

3 mins

Unlocking Africa's Energy Potential by Jinapor

Africa's Energy Future: Ghana's Minister Champions a Bold, Locally- Led Strategy to End Energy Poverty and Drive Industrialisation

3 mins

Chevron Angola Fire Tragedy Exposes Deepening Safety Crisis Amid Layoffs and Near-Miss Spike

A deadly fire aboard Chevron's Benguela Belize Lobito Tomboco (BBLT) oil platform off the coast of Angola has cast a harsh spotlight on growing safety lapses at one of the world's most prominent energy giants.

2 mins

Efficiency Over Entitlement: Nigeria's New Oil Sector Directive Aims to Slash Costs and Attract Investment

In a bold policy shift aimed at reshaping Nigeria's oil and gas investment climate, President Bola Ahmed Tinubu has signed a landmark Executive Order that directly links tax incentives to verified cost savings across the upstream petroleum value chain. Titled the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025, the reform introduces performance-based fiscal relief to reward efficient operators—signaling a new era of disciplined, results-oriented governance in Africa’s largest oil-producing nation.

3 mins

World Bank Commits $1 Billion to Jumpstart Africa's Largest Hydropower Dream in DR Congo

The World Bank has announced a landmark commitment of $1 billion to support the Democratic Republic of Congo (DRC) in advancing Inga III — the next phase of what could become the world’s largest hydropower project.

1 mins

Aed Energy Launches Nigeria's First Thermal Battery Pilot to Replace Fossil Fuel Generators at Pan-Atlantic University

In a bold step toward ending reliance on fossil fuel generators in energy-constrained regions, UK-based thermal energy storage developer Aed Energy has launched a pioneering pilot project at PanAtlantic University (PAU) in Lagos, Nigeria.

2 mins

Flying Into the Future: How Aerial Robotics Are Transforming NDT Inspections at Height

In the high-stakes world of industrial asset inspection— particularly in oil and gas—nondestructive testing (NDT) is essential to ensuring safety, compliance, and operational integrity. Traditionally, inspecting hard-to-reach structures like elevated tanks, offshore rigs, and stacks has posed significant logistical and safety challenges. Workers often depend on scaffolding, rope access, or boom lifts—methods that are labor-intensive, time-consuming, and inherently risky.

4 mins

Vortex Group: Putting Africans at the Mining Table

In an exclusive interview with Offshore Africa Magazine Editor-in-Chief Gilbert Da Costa, Engineer Joshua (Josh) Mortoti, CEO of the newly launched Vortex Resources Mining Group, shares his ambitious vision for reshaping Africa’s mining sector. With a bold agenda to empower African entrepreneurs and drive strategic investments across the continent, Vortex positions itself as a transformative force — determined to ensure Africans not only benefit from, but lead the future of their mineral wealth.