Guinea-Bissau

Karpowership and Seatrium formalize a strategic partnership to convert floating LNG units, strengthening their joint offering in emerging mobile electricity markets.
Dutch firm Gutami Holding has signed a 25-year agreement with Burkina Faso and national utility SONABEL for a 150 MW solar project with 50 MW storage, valued at over €100mn ($109mn).

Rio Tinto: five strategic priorities to close a 40% valuation discount

Rio Tinto’s new CEO inherits a significant stock market discount and will need to overcome major regulatory, operational, and financial hurdles to swiftly restore the company's appeal to international investors, according to a Wood Mackenzie analysis.
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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.
Petronas' workforce reduction reignites questions about internal trade-offs, as the group maintains its commitments in Asia while leaving uncertainty over its operations in Africa.

Woodside initiates 65 millions USD arbitration procedure against Senegal

Australian company Woodside Energy has filed a complaint with ICSID against Senegal, challenging a CFA40bn tax reassessment related to the offshore Sangomar oil project.
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Axian Energy has launched work on the NEA Kolda solar plant, equipped with a 72 MWh storage system, for a total investment of €105mn ($113.6mn).
Guinea-Bissau has completed its connection to the sub-regional power grid linking Senegal, The Gambia and Guinea, thereby improving the stability of its capital's electricity supply.

Woodside announces stable production in Q1 2025 despite weather impacts

Woodside Energy recorded stable production and revenues of 3,315 million USD in Q1 2025, with a notable increase in production at Sangomar, but a slight decline due to weather impacts at other sites.
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AXIAN Energy has entrusted Voltalia and Entech with the development of a 60 MW solar plant combined with 90 MWh storage in the Kolda region, scheduled to be operational by 2026.
bp has safely loaded the first liquefied natural gas (LNG) cargo from the Greater Tortue Ahmeyim (GTA) Phase 1 project, marking Mauritania and Senegal’s entry into the global LNG export market.

BP announces the end of a gas leak at the Grand Tortue Ahmeyim site

BP has confirmed the cessation of a gas leak at the offshore Grand Tortue Ahmeyim field, located between Senegal and Mauritania. The incident, identified on 19 February at one of the site’s wells, required technical interventions to restore the integrity of the installations.
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Africa will experience the fastest growth in natural gas demand by 2050, driven by urbanisation and the need to address the energy deficit, according to the Gas Exporting Countries Forum (GECF) in its report of March 10, 2025.
BP has confirmed a gas leak at a well in the Grand Tortue Ahmeyim (GTA) project, located off the coasts of Senegal and Mauritania. The British operator states that repairs are underway and that the environmental impact remains limited.

Gas leak detected at GTA site off the coast of Senegal and Mauritania, repairs underway

A gas leak has been identified at the Grand Tortue Ahmeyim (GTA) site, which has been operational since late December, off the coasts of Senegal and Mauritania. BP states that the situation is under control and poses no risk to the environment or workers.
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The Senegalese government has launched the National Energy Pact to expand electricity access to an additional 6.6 million people by 2030. The plan focuses on strengthening infrastructure, regional integration, and private investment.
Woodside Energy has reassessed the reserves of the offshore Sangomar oil field in Senegal, adding 16.2 million barrels of oil equivalent to the proven reserves. This update supports production stability and strengthens the supply to the national refinery.

Senegal launches oil refining with 90,000 tons produced

The Société Africaine de Raffinage (SAR) has announced that it has processed domestically extracted crude oil for the first time. This industrial milestone marks a strategic step in the local valorization of the country's energy resources.
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The Investment Promotion Agency (APIX) and the Senegalese Gas Network (RGS SA) are formalizing a key partnership to develop a gas pipeline network, a crucial step to support the exploitation of the country's natural gas reserves.
Senegal and Mauritania bolster their energy cooperation with a groundbreaking agreement on local content within the Grand Tortue Ahmeyim (GTA) gas project, marking a step towards an inclusive and sustainable economy.
Africa, historically known for its oil resources, is now turning its energy sector towards natural gas.
A series of power cuts in Guinea led to the dismissal of the heads of Electricité de Guinée (EDG) and Société Nationale des Pétroles (Sonap), against a backdrop of growing social tensions.

Guinean Economy Paralyzed Following Fuel Depot Fire

Ten days after the devastating fire at Conakry's main fuel depot, Guinea faces a major economic stalemate, exacerbating the anger and despair of its population.
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After the devastating explosion at Conakry's main fuel depot, the Guinean government has announced the rationed resumption of petrol distribution, a crucial decision to ease economic paralysis and social tensions.
For sub-Saharan Africa, guests from Morocco's business and diplomatic communities are meeting in Casablanca.

Kerry Defends U.S. Climate Action

Special Climate Envoy John Kerry speaks to African leaders about U.S. climate action.
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Several large-scale projects are underway in Senegal, which is planning a major expansion of its gas sector.