TotalEnergies and its partners have received a new oil exploration permit off Pointe-Noire, strengthening their presence in Congolese waters and their strategy of optimising existing infrastructure.
The Republic of Congo and Eni confirm the expansion of the Congo LNG project and multiply industrial initiatives to strengthen energy supply and strategic sectors.
Eni has inaugurated its first vegetable oil extraction plant in Loudima, Republic of the Congo, marking the country's entry into the global biofuel supply chain for the transport industry.
Perenco Congo begins construction of the offshore Kombi 2 platform, a project exceeding $200mn aimed at increasing the country’s oil production and resource development.
The Republic of Congo enhances its gas capabilities with the floating platform Nguya, which will add 2.4 million annual tonnes of liquefied natural gas (LNG), solidifying its position in the global market starting in 2025.
Eni has entered into an agreement to sell stakes in assets in Côte d'Ivoire and the Republic of Congo to Vitol for $1.65 billion, as part of its portfolio rebalancing strategy.
Congo is set to inaugurate its second oil refinery by the end of the year. Located in Fouta, this facility, developed by Beijing Fortune Dingheng Investment, aims to reduce refined product imports and strengthen the country's energy independence.
PetroNor sold 881,192 barrels of crude oil at a price of $72.8 per barrel on the PNGF Sud block. This major transaction generates $64 million, highlighting the importance of investments in the Congolese oil sector.
With a current production of 80,000 barrels per day, Perenco aims to increase this figure to 100,000 through the optimization of the offshore Émeraude field, despite complex geological challenges.
TotalEnergies and Vantage Drilling announce the creation of TEVA Ship Charter LLC, a joint venture aimed at managing the Tungsten Explorer platform for an initial ten-year period in Congolese waters.
The Société Nationale des Pétroles du Congo (SNPC) is initiating a strategic drilling campaign across several key blocks, aiming to strengthen crude oil production and reach 500,000 barrels per day by 2029.
Despite pressure on refining margins, Africa is accelerating refinery projects to meet growing demand and enhance energy security, while facing competition from global giants.
African economies dependent on oil are stagnating, growing at half the rate of the rest of the region. The IMF highlights a lack of diversification and investment as key factors behind this lag.
SNPC and GNPC have signed a strategic agreement to strengthen their collaboration in the oil and gas sectors, with a particular focus on energy infrastructure development and energy transition.
An oil exploration permit granted to a Chinese company threatens the ecosystem of Congo's Conkouati-Douli National Park, sparking strong opposition from NGOs.
Chinese refiner Rongsheng Petrochemical has acquired its first cargo of Canadian crude oil via the recently extended Trans Mountain pipeline, marking a strategic turning point in its energy supplies.
TotalEnergies EP Congo, an 85%-owned subsidiary of TotalEnergies, recently modified its shareholding structure in several oil licenses, involving exchanges with Trident Energy.
