Cameroon

Namibia and McDermott join forces to train future oil workforce

The Namibian government signed an agreement with McDermott to strengthen local skills in offshore engineering and operations, aiming to increase oil sector local content to 15% by 2030.

Sintana Energy acquires Challenger Energy to strengthen offshore assets in Africa

Canada’s Sintana Energy acquires Challenger Energy in a $61mn all-share deal, targeting offshore exploration in Namibia and Uruguay. The move highlights growing consolidation among independent oil exploration firms.

Chevron appoints former TotalEnergies executive to lead African exploration

US-based Chevron appoints Kevin McLachlan, a veteran of TotalEnergies, as its global head of exploration, in a strategic move targeting Nigeria, Angola and Namibia.
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McDermott signs strategic partnership with PETROFUND to train Namibia’s energy workforce

McDermott has signed a memorandum of understanding with PETROFUND to launch technical training programmes aimed at strengthening local skills in Namibia’s oil and gas sector.

Mining mergers in Africa: groups strengthen their position on critical metals

Driven by growing demand for strategic metals, mining mergers and acquisitions in Africa are accelerating, consolidating local players while exposing them to a more complex legal and regulatory environment.

European Union unlocks €545mn to modernise African power grids

Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.
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Release by Scatec expands hybrid solar plants to 64.4 MW in Cameroon

The Norwegian subsidiary has launched the second phase of its projects in Maroua and Guider, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage with an annual target of 141.5 GWh.

Cameroon boosts solar capacity with additional 28.6 MWp in Maroua and Guider

The Cameroonian government launches the extension of two solar plants in the Far North, increasing their combined capacity to 64.4 MWp, with support from international investors.

ReconAfrica advances drilling of Kavango West 1X well in Namibia

Reconnaissance Energy Africa continues drilling its Kavango West 1X exploration well with plans to enter the Otavi reservoir in October and reach total depth by the end of November.
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Sweden lifts uranium mining ban to revive nuclear industry

Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.

South African court blocks TotalEnergies oil project off Cape coast

The South African judiciary has revoked TotalEnergies’ authorization to explore a 10,000 km² offshore block, forcing the group into a new procedure that includes a public consultation.

BW Energy secures the Deepsea Mira rig for drilling the Kudu well in Namibia

BW Energy and NAMCOR E&P announce the engagement of the Deepsea Mira rig for drilling the Kharas appraisal well on the Kudu field, offshore Namibia, with a campaign scheduled for the second half of 2025.
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SEGULA Technologies accelerates its growth in Africa with a new office in South Africa

SEGULA Technologies opens an office in Cape Town, strengthening its presence in the African market and targeting expansion in energy, rail, and automotive sectors, in partnership with South African industrial firm AllWeld.

Sierra Leone launches extensive offshore oil exploration with 60 potential blocks

Sierra Leone relaunches an ambitious offshore exploration campaign, using a 3D seismic survey to evaluate up to 60 potential oil blocks before opening a new licensing round as early as next October.

NamPower launches $90.3mn solar power plant to secure Namibian energy

Namibia begins construction of its largest solar plant, Sores|Gaib, aiming to reduce dependence on energy imports by leveraging its solar potential, considered among the highest globally according to the World Bank.
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ExxonMobil tops upstream explorer ranking according to Wood Mackenzie

ExxonMobil has been named the most admired upstream exploration company in Wood Mackenzie’s latest annual survey, recognised for its performance in Guyana and its ability to open new resource frontiers.

Petrobras enters exclusive talks for nine offshore blocks in Côte d’Ivoire

The Brazilian oil group secured approval from Abidjan to begin negotiations for exploring nine deepwater blocks as part of its business partnerships strategy in Africa.

Namibia appoints former Chevron executive to lead its oil strategy

Carlo McLeod joins the new presidential unit dedicated to hydrocarbons as Namibia centralises oil sector governance under the head of state.
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Mirova grants $10mn loan to EDF for solar projects in Africa

EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.

Savannah Energy increases revenues by 19% and strengthens oil assets

Savannah Energy recorded a 19% rise in revenues in the first quarter of 2025, driven by the integration of a new asset in Nigeria and improved cash flows.

Offshore drilling failure for Equinor in Argentina

Equinor's first offshore well in Argentina, Argerich-1, showed no clear sign of hydrocarbons. In-depth analyses will be carried out over the coming months to assess the area's potential.

Scatec expands its solar projects in Cameroon with a further 28.6MW

Scatec has signed two new agreements with ENEO, increasing solar and storage capacity in Cameroon. The extensions will add 28.6 MW of solar and 19.2 MWh of storage, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage.

South African Court of Appeal relaunches Shell exploration on the Wild Coast

The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
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Belgium: stop low-quality fuel shipments to West Africa

Belgium adopts new quality standards to suspend the export of low-quality fuels to West Africa, bringing its standards into line with those of the European Union. The new standards will limit sulfur content to 50ppm, benzene to 1% and manganese to 2mg/liter.

Galp Energia sells a 10% stake in projects in Mozambique

Portuguese oil and gas group Galp Energia has signed an agreement to sell a 10% stake in natural gas exploration projects in Mozambique to Abu Dhabi oil company Adnoc for 600 million euros.

French Bourbon group executives jailed

Firm prison sentences have been requested against Bourbon's top executives, accused of bribery of foreign public officials in Africa.
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Bourbon defends itself against accusations of corruption in Nigeria

Bourbon executives deny any involvement in corruption in Nigeria, blaming their local partner.

Inauguration of the first Nachtigal hydroelectric turbine in Cameroon

The commissioning of the first turbine in Cameroon's Nachtigal hydroelectric project marks a turning point in the country's energy production, with significant implications for industrial and domestic development.

Namibia: grid modernization to integrate renewable energies

The World Bank grants a $138.5 million loan to modernize Namibia's power grid with a view to integrating renewable energies.
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Oil: Bourbon executives go on trial for corruption in Africa

In Marseilles, eight Bourbon executives are on trial for corruption in Africa, a case that could shake the shipping industry to its core.

Worldwide expansion of green hydrogen and ammonia projects

Worldwide, green hydrogen projects are multiplying. Hygenco is working with Tata Steel to develop a green hydrogen and ammonia project at the Gopalpur Industrial Park in India. The first phase aims to start production in December 2026.

Rising demand for 6th and 7th generation offshore platforms

The offshore drilling industry is experiencing strong demand for its 6th and 7th generation platforms, despite a slight drop in new contracts signed.
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Galp Energia: Sharp rise in first-quarter profits

Galp Energia announces a 35% increase in first-quarter 2024 earnings, building on the momentum of record profits in 2023.

Galp Energia takes off on the stock market after a discovery in Namibia

Galp Energia experiences a spectacular rise on the stock market following the announcement of a major oil discovery in Namibia.

Paladin restarts production at the Langer Heinrich mine in Namibia

Paladin Energy started uranium production at the Langer Heinrich mine in Namibia on March 30, after introducing the first ore in January.
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Africa’s energy transition: Gas takes over from oil

Africa, historically known for its oil resources, is now turning its energy sector towards natural gas.

West African Oil: Hopes and Challenges for 2024

Against a backdrop of underinvestment and security challenges, West African oil producers, notably Nigeria and Angola, face a crucial turning point for 2024

Namibia approves agreement to develop green hydrogen

Namibia is set to achieve a major ecological feat with the launch of the largest green hydrogen project in sub-Saharan Africa. The Cabinet of the Government of the Republic of Namibia has given the go-ahead for a historic agreement with Hyphen Hydrogen Energy, paving the way for a fully integrated and revolutionary initiative.
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Savannah Energy’s Bini Project: a clean energy source for northern Cameroon

Savannah Energy PLC signs an agreement with the government of Cameroon to develop the Bini a Warak hydroelectric project. The project is expected to be developed on a stand-alone basis, with approval expected in 2024 and first power targeted for 2027 to 2028.

The oil company Perenco targeted in France by several investigations for corruption in Africa

Perenco, an oil and gas company operating in 15 countries, is the target of preliminary investigations in France for corruption in Africa, confirmed by a search by the Oclciff.