TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.
A $400 million natural gas pipeline connecting Israel to Cyprus, with a capacity of 1 billion cubic meters per year, is awaiting government approvals, according to Energean’s CEO.
Swiss trader Gunvor will acquire Lukoil’s African stakes as the Russian company retreats in response to new US sanctions targeting its overseas operations.
Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.
The carrier uses mass balance and Book & Claim allocation to test demand, structure certified revenues, and prepare domestic capacity targeted for 2026 amid already intensifying regional competition.
Ghana aims to secure $16 billion in oil revenues over ten years, but the continued drop in production raises doubts about the sector’s long-term stability.
During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
A three-year partnership has been signed between Senegal and two Quebec-based companies to develop the country’s geoscientific capacity and structure its energy sector through technological innovation.
Jordan can export electricity if three conditions align: fuel availability for its power plants, measurable system surplus, and a functional transit framework via Syria to Lebanon with clear metering and settlement rules.
The Egyptian government and UAE-based K&K have signed an agreement to finalise studies for an electricity interconnection project linking Egypt to Europe via Italy.
Prolonged attacks on fuel convoys have depleted stocks, destabilised power generation and disrupted economic activity in Bamako and surrounding regions.
Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
Egypt’s petroleum ministry will launch 480 exploration wells by 2030 with investments exceeding $5.7bn, aiming to revive production and reduce reliance on imports.
Norwegian developer Empower New Energy expands in North Africa with a strategic partnership involving ten industrial solar sites for self-consumption in Tunisia.
Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.
Fuel shortages now affect Bamako, struck in turn by a jihadist blockade targeting petroleum flows from Ivorian and Senegalese ports, severely disrupting national logistics.
Scatec ASA has signed a 25-year Power Purchase Agreement (PPA) with Egypt Aluminium to develop a 1.1 GW solar photovoltaic project coupled with a 100 MW/200 MWh battery energy storage system in Egypt, supported by a sovereign guarantee.
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.
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.
Vaalco Energy, Inc. has announced the signing of a new $300 million revolving credit facility with The Standard Bank of South Africa Limited, aimed at supporting its growth projects and investments across its African assets.
In February 2025, US LNG exports to Europe reached a historic high, with the UK as the top importing country, as demand for natural gas continues to grow in the European market.
A partnership between LONGi and APPL Hydrogen Limited in Nigeria marks a significant step for the development of green hydrogen in West Africa, with export prospects to Europe.
AMEA Power has signed agreements with the Egyptian government to build two battery energy storage stations (BESS) in Egypt, with a total capacity of 1,500MWh, to improve grid stability and facilitate the integration of renewable energy sources.
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.
ACWA Power has signed a 25-year power purchase agreement (PPA) with EETC for the development of a 2 GW wind project in Egypt, representing a USD 2.3 billion investment and helping the country increase its renewable energy share.
The Russian public company Rosatom begins talks with Egypt to explore joint projects in quantum technology, with concrete proposals in several high-tech sectors.
TotalEnergies and ENI have reached an agreement with Cyprus and Egypt to develop the Cronos gas field. This initiative aims to convert the resources of Block 6 into liquefied natural gas (LNG) for the European market, utilizing existing Egyptian infrastructure.
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.
BP has announced the commissioning of two new wells in the Raven gas field, part of the West Nile Delta project in Egypt. This expansion aims to increase the country's natural gas production and support national energy objectives.
Italian oil company Eni plans to continue its exploration activities at the Zohr gas field in Egypt for an additional two years. This decision comes as the site’s production has declined in recent years, impacting the country’s energy supply.
The South African government plans to issue a directive on green hydrogen on February 17. This measure aims to streamline project approval processes in a sector undergoing structuring, where investments are still struggling to materialize.
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.
With 600 million Africans without electricity, massive investments in off-grid solar are emerging as a key solution. Cheaper and quicker to deploy than national grids, this model is attracting interest from donors and governments.
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.
Qatar announces technical assistance to restore essential infrastructure in Syria, severely affected by years of conflict. This aid includes an energy contribution as well as support for the electricity sector, which is undergoing restructuring.
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.
