The discovery of the Gajajeira field marks a major step for Angola, strengthening its natural gas development strategy and diversifying national energy resources in a context of sector transition.
The Azule Energy consortium has identified a significant gas and condensate field during Angola’s first exploration drilling dedicated to gas, marking a milestone for the country's energy sector.
VAALCO Energy continues to operate the Baobab field by renovating its floating platform, despite modest production. This strategy aims to maintain stable profitability at low cost.
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.
On the sidelines of the US–Africa summit in Luanda, Algiers and Luanda consolidate their energy collaboration to better exploit their oil, gas, and mining potential, targeting a common strategy in regional and international markets.
Maurel & Prom acquires additional stakes in two offshore oil blocks in Angola, consolidating its existing assets for an initial sum of $23mn, potentially rising based on market developments and production performance.
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.
Developer CWP Global has paused its $40 billion AMAN project in Mauritania due to a lack of buyers for green ammonia despite favourable local conditions.
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.
Brazilian group Petrobras formalises its return to Angola with two memorandums of understanding signed with Sonangol and the national oil regulator, targeting offshore exploration without immediate financial commitment.
The Quilemba Solar joint venture is building a photovoltaic power plant near Lubango, marking a milestone for private initiative in Angola's electricity sector.
BP announced strategic progress on its oil projects in Iraq and Angola, marking a key step in its upstream development, according to an internal communication published on April 26.
Reconnaissance Energy Africa has signed a memorandum of understanding with ANPG to explore 5.2 mn onshore acres in Angola, expanding its operations into the Damara Fold Belt and Rift Basin.
SPIE Global Services Energy signed a five-year offshore maintenance contract with Sonangol Exploração & Produção for the Bloc 3/05 oil complex, strengthening its strategic presence in Angola.
TotalEnergies and ExxonMobil have reached an agreement with the National Agency of Petroleum, Gas and Biofuels (ANPG) to conduct prospective studies on offshore blocks 17/O6 and 32/21 in Angola, aiming to identify new drilling targets.
Angola initiates new prospective studies on oil blocks 17/O6 and 32/21, aiming to identify drilling targets and avoid a prolonged decline in oil production.
Norwegian group Equinor plans to increase its oil and gas production by more than 10% by 2027. Facing economic constraints, the company is halving its investments in renewable energy and strengthening its presence in Africa, particularly in Tanzania.
Trafigura, the major commodities trading giant, has been convicted by the Swiss Federal Criminal Court for corrupting a foreign public official in Angola, marking a precedent in the commodities sector.
Angola begins production at a strategic gas project in Benguela province, capable of supplying 600 million standard cubic feet per day, addressing growing energy demand and supporting economic diversification.
The oil tanker Ceres 1, involved in a collision with the Hafnia Nile, was intercepted by the Malaysian Coast Guard, raising questions about its disappearance.
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.
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.
The Luachimo hydroelectric power plant in Angola, renovated by China Gezhouba Group Corporation, quadruples its capacity, providing a sustainable solution to growing energy demand.
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.
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies and SINOPEC signed a strategic cooperation agreement to strengthen their collaboration in low-carbon energies.
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.
Angola, having withdrawn from OPEC, is raising renewed hopes in Asia thanks to its increased oil production, offering greater flexibility in regional supply.
