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Offshore Africa - November 2025

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Offshore Africa Description:

Uitgever: Jubert-Communications-Limited

Categorie: Business

Taal: English

Frequentie: 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 dit nummer

Africa’s Shifting Oil Mix Challenges a Giant

Solewant Group Hosts 9th Africa Energy Summit

Trump Threats Strain Nigeria’s Investment Climate

Namibia's Kharas-1 Well Confirms Hydrocarbon System

Namibia's offshore frontier continues to demonstrate its geological potential as BW Energy's Kharas-1 appraisal well on the Kudu gas field delivers early indications of a working petroleum system, complementing regional discoveries that are rapidly transforming the country's Atlantic margin into a highinterest exploration corridor.

1 mins

Africa's Changing Oil Mix and the Slow Decline of a Giant:

Over the last decade and a half, Africa’s oil landscape has undergone a quiet but dramatic transformation.

2 mins

Tullow Oil to Bring Second Jubilee Well Online by Year-End

Tullow Oil plc, the UK-headquartered independent energy company and operator of Ghana's flagship Jubilee field, plans to bring its second producer well from the 2025/26 drilling campaign online before the end of the year, reinforcing steady production performance at one of West Africa's most successful deepwater developments.

2 mins

Panoro Prepares Four-Well MaBoMo Phase 2 Drilling for 2026

Africa-focused Panoro Energy is gearing up for a pivotal year in 2026 as it advances preparations for a four-well MaBoMo Phase 2 development drilling campaign at the Dussafu Marin Block offshore Gabon. Operated by BW Energy, the project aims to sustain and potentially extend plateau production well into the next decade.

1 mins

Libya Scores Second Major Hydrocarbon Discovery in Weeks

Libya's state-owned Arabian Gulf Oil Company (Agoco) has announced a new oil and gas discovery in the Ghadames Basin, marking the country's second hydrocarbon find in less than a month.

1 mins

Kosmos Energy Posts Q3 Loss but Sees Rising Output and Lower Costs Ahead

Kosmos Energy reported a third-quarter 2025 net loss of $124 million, or $0.26 per diluted share, reflecting the impact of onetime charges and continued project spending.

2 mins

Africa's Hydrocarbon Future Amid Global Policy Shifts: Balancing Stability, Sovereignty, and Gas-Led Growth

As political winds shift across the G7 and major economies redefine their energy agendas, Africa’s oil and gas landscape is entering a new phase of uncertainty — but also of opportunity. The continent's energy leaders, gathered at Africa Oil Week in Accra, acknowledged that geopolitical realignments, climate finance debates, and energy security pressures are reshaping investment flows in ways that could either accelerate or constrain Africa’s hydrocarbon ambitions.

2 mins

Solewant Group to Host 9th Africa Energy Summit: Showcasing Innovation and Sustainable Solutions for Africa's Energy Future

Solewant Group, one of Nigeria’s leading names in pipeline manufacturing and coating technology, is set to host the 9th Africa Energy Summit at its world-class Solewant Industrial Park in Alode, Onne, Eleme, Rivers State, from November 27-28, 2025, between 9 a.m. and 5 p.m. daily.

2 mins

Solewant Group to Host 9th Africa Energy Summit: Showcasing Innovation and Sustainable Solutions for Africa's Energy Future

President Julius Maada Bio has appointed Mr. Cyril Arnold Grant as Sierra Leone’s new Minister of Energy, pending parliamentary approval.

1 mins

Is the Global Oil Market Heading Toward a Glut?

As the world approaches 2026, the global oil market faces a delicate balancing act, with surging supply, moderating demand, and geopolitical disruptions fueling debate over a potential oversupply. U.S. oil production hit a record 13.8 million barrels per day (bpd) in August, yet weak prices and rising costs have constrained drilling growth, forcing energy companies to carefully calibrate investments.

2 mins

Bentley Systems and EARTHBRAIN Announce Strategic Partnership to Accelerate Digital Construction

Bentley Systems, Incorporated, a global leader in infrastructure engineering software, and EARTHBRAIN Co., Ltd.-a joint venture between Komatsu Ltd., NTT DOCOMO BUSINESS, Inc., Sony Semiconductor Solutions Corporation, and Nomura Research Institute, Ltd.today announced a strategic partnership aimed at accelerating digital transformation in the construction industry.

1 mins

Riverson Oppong Begins Second Tenure on SPE International Board of Directors

Riverson Oppong, PhD, has commenced his second term as the Africa Regional Director on the Society of Petroleum Engineers (SPE) International Board of Directors. Dr. Riverson's leadership continues to embody SPE's core pillarsSolutions.

1 mins

TotalEnergies' Return to Mozambique LNG Marks a Turning Point for Africa's Gas Ambitions

TotalEnergies has officially lifted the force majeure on its $20 billion Mozambique LNG project, marking a long-awaited return to one of Africa's most ambitious and geopolitically significant energy developments.

2 mins

Halliburton Powers Feed Gas for Nigeria LNG Train 7

Halliburton is set to play a pivotal role in Nigeria LNG's Train 7 expansion through a new integrated services contract with Shell Nigeria Exploration and Production Co. Ltd. (SNEPCO), a subsidiary of Shell plc.

1 mins

Tanzania Uncovers Significant Natural Gas Deposits in Mtwara Region

Tanzania has reported the discovery of substantial natural gas deposits in the villages of Mnyundo and Mpapura in the Mtwara Region, roughly 500 kilometres south of Dar es Salaam.

1 mins

Congo Republic in Talks for Debt-for-Nature Swap to Protect Congo Basin Rainforest

The Republic of Congo is in advanced discussions with European partners on a potential debt-for-nature swap, a move that could both ease the country's debt burden and strengthen conservation of the Congo Basin, the world's second-largest tropical rainforest.

1 mins

Africa's Energy Trilemma: Building Regional Collaboration for a Just Transition

At the recent Africa Oil Week in Accra, ministers and energy leaders confronted a defining question: How can Africa build the regional infrastructure needed to power intra-African trade in energy? The answer, they agreed, lies in collaboration, investment, and political resolve three pillars upon which the continent's energy future must be built.

2 mins

Star Oil Fuels Its Way to the Top: How a Homegrown Brand Overtook GOIL to Lead Ghana's Fuel Market

In just five years, Star Oil Ghana has transformed from a mid-tier player into the country's leading fuel retailer, overtaking state-owned GOIL Plc in market share and national reach.

2 mins

Nigeria's Energy Revolution: Dangote Refinery, 15% Fuel Tariff, and the Path to Self-Sufficiency

Nigeria is making a bold stride toward energy self-sufficiency as the Dangote Petroleum Refinery ramps up production while the government enforces a 15% import tariff on petrol and diesel. Africa’s largest refinery, capable of processing 650,000 barrels per day, has now achieved a combined output of 70 million litres daily—45 million litres of petrol and 25 million litres of diesel—exceeding domestic demand.

1 mins

Fuel Prices in Liberia Stay Steady Amid Regional Variance

Liberia's Ministry of Commerce and Industry (MOCI), in consultation with the Liberia Petroleum Refining Company (LPRC), has announced that while U.S. Dollar-denominated prices for gasoline (PMS) and fuel oil (AGO) remain unchanged, the Liberian Dollar (LD) equivalent at the pump has been adjusted to reflect the latest exchange rate.

1 mins

Senegal to Reduce Energy Prices as Part of Social Stability and Economic Sovereignty Drive

The government of Senegal is preparing to implement significant reductions in the prices of electricity, gas, diesel, and petroleum products, Prime Minister Ousmane Sonko announced during the installation of the Steering Committee for the National Social Stability Pact for Inclusive and Sustainable Growth.

1 mins

GOIL Named Petroleum Company of the Year

GOIL PLC, Ghana's only indigenous oil marketing company listed on the Ghana Stock Exchange, has been named 'Petroleum Company of the Year' at the 36th CIMG Annual Marketing Performance Awards.

1 mins

MSGBC Basin: A Rising Frontier for Deepwater Exploration in West Africa

The MSGBC Basin-spanning Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry-is rapidly emerging as one of Africa's most dynamic deepwater frontiers.

5 mins

Why the Gunvor-Lukoil Deal Mattered for Ghana's Pecan Field

Swiss commodity trading giant Gunvor's abrupt withdrawal of its $22 billion bid for Lukoil's international assets has sent ripples far beyond Europe's energy corridors reaching all the way to Ghana, where hopes of unlocking one of West Africa's most promising oilfields now hang in the balance.

2 mins

Sierra Leone and Eni Forge Strategic Partnership

In a landmark move signaling renewed global confidence in Sierra Leone's petroleum prospects, the Government of Sierra Leone has signed a Reconnaissance Permit Agreement with Italian energy major Eni S.p.A. for offshore technical evaluation across five deepwater blocks totaling 6,790 square kilometers in the Ghadames Basin.

1 mins

AfCFTA and Africa's Energy Future: Turning Resources into Power

When H.E. Wamkele Mene, Secretary General of the African Continental Free Trade Agreement (AfCFTA), addressed industry leaders recently, his message was both urgent and hopeful: Africa has the resources to power itself, but not yet the structure or investment ecosystem to make it happen.

2 mins

South Africa heading for new load-shedding cliff

South Africa's electricity supply faces renewed pressure toward the end of the decade as Eskom's latest adequacy review warns of a potential 9.5-gigawatt generation shortfall if planned gas projects are delayed and coal plant retirements proceed as scheduled.

2 mins

Africa's Solar Boom: The Continent's Quiet Energy Revolution

In just over a decade, Africa has gone from being an afterthought in global solar power discussions to one of the most dynamic growth regions on the planet.

1 mins

Can Energy-Starved Africa Power Its Data Centers?

Africa stands at a critical crossroads — between digital promise and energy poverty. As cloud computing, AI, and fintech drive global demand for data infrastructure, the continent has become the newest frontier for data center investment. From Lagos and Nairobi to Johannesburg and Accra, hyperscale and regional players are racing to build digital hubs. Yet the paradox remains: can a continent struggling to keep its lights on power the data revolution it dreams of leading?

2 mins

Newcore Gold Expands Resource Potential at Enchi Project, Ghana

Newcore Gold Ltd. has announced another round of promising drill results from its ongoing 45,000-metre drill program at the 100%-owned Enchi Gold Project in southwestern Ghana.

1 mins

Guinea Accelerates Alumina and Iron Ore Processing

Guinea is fast-tracking alumina refineries and iron ore pellet plants to end decades of raw ore exports, Mines Minister Bouna Sylla said, ahead of the first shipments from the Simandou iron ore mine.

1 mins

Can Malawi Break Africa's Raw Material Curse?

In a bold and unprecedented move, President Peter Mutharika has banned the export of raw mineral materials from Malawi, warning that anyone caught violating the order will face arrest.

1 mins

Africa Steps Into the Critical Minerals Race

In the new global race for control of critical minerals, China remains the undisputed heavyweight, yet a quiet shift is underway and Africa is beginning to stir.

1 mins

Newmont's Ahafo North Mine: Ghana's Golden Testament to Stability

Under a cloudy Afrisipakrom sky, gold shimmered with new promise as Asantehene Otumfuo Nana Osei Tutu II, flanked by Ghana's Vice President Naana Jane Opoku-Agyemang and Newmont executives, cut the ribbon to inaugurate the $900 million Ahafo North mine — reaffirming Ghana's stature as a dependable mining destination amid shifting regional currents.

2 mins

Nigeria's $303 Billion Oil Theft Scandal

Nigeria's oil industry - the backbone of Africa's largest economy is facing renewed scrutiny after a Senate investigation uncovered an alleged $303 billion shortfall in crude oil sales and exports.

1 mins

Trump's Threats Put Nigeria's Oil and Gas Investment Climate Under Strain

U.S. President Donald Trump's recent warnings to cut aid—and even consider rapid military action—over alleged mass killings of Christians in Nigeria have sharply escalated geopolitical tensions and injected new uncertainty into Africa's largest oil and gas market. While the rhetoric is dramatic, the implications for investors and financiers are immediate: heightened political risk threatens to disrupt project timelines, tighten financing, and complicate the delicate above-ground conditions essential for upstream development in a country already grappling with security and reform challenges.