Shell has filed an appeal against the cancellation of its environmental authorisation for Block 5/6/7 off the South African coast, aiming to continue exploration in a geologically strategic offshore zone.
The Volans-1X exploration well revealed a 26-metre productive zone in the Orange Basin, marking another hydrocarbon find for Azule Energy partners in 2025.
A ruling by Namibia's High Court upheld the media regulator’s decision that the state broadcaster NBC failed to ensure balance in its coverage of ReconAfrica’s oil operations.
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.
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.
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.
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.
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.
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.
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
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 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.
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 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.
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.
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.
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.
Africa Oil completed the integration of Prime, doubling its production and reserves, while declaring a second quarterly dividend of $25mn supported by strong cash generation.
Solarcentury Africa and Sino Energy launch a pioneering solar project in Namibia without long-term purchase agreements, marking a significant advancement for renewable energy in Southern Africa.
Galp has launched a new drilling phase to assess the potential of Mopane, off the coast of Namibia, marking a turning point for the development of what could become the country’s largest oil discovery.
The world's largest oil companies are competing to secure a share of Galp's significant Mopane oil discovery in Namibia's Orange Basin, estimated at 10 billion barrels of oil equivalent.
After a temporary withdrawal, Petrobras is reinvesting in Africa with key holdings in São Tomé and Príncipe, and plans additional projects in Namibia and Angola, thus strengthening its position in the African oil market.
TotalEnergies launches the development of the Gran Morgu field offshore Suriname.
An FPSO will be installed, with discussions underway to integrate Petrobras into the project.
NamPower joins forces with China Jiangxi International and Chint New Energy to build a 100 MW solar power plant in Namibia, financed mainly by the KfW bank.
ExxonMobil abandons its plan to buy 40% of the Mopane offshore field in Namibia from Galp Energia, leaving other companies in the running for this strategic stake.
ReconAfrica is moving ahead with exploration of the PEL 73 block in northeast Namibia, with a new agreement to sell a 20% interest to BW Energy for USD 22 million and a drilling program underway.
South Africa is at a decisive turning point in its energy transition, facing complex challenges to secure its natural gas supply and ensure the stability of its energy sector.
Petrobras, the Brazilian oil company, joins forces with a partner to acquire a 40% stake in Galp's Mopane block in Namibia, with the aim of strengthening its reserves.
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.
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.
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.
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.
