DMEA - Downstream Middle East & Africa
Nigerian engineers push for safety legislation as deadly tanker accidents persist
The Nigerian Institution of Safety Engineers (NiSafetyE) has announced that it will continue with plans to lobby the National Assembly and the 36 state Houses of Assembly to introduce a law that would prevent continuous tanker accidents.
Africa–Venezuela energy cooperation strengthened through high-level AEC visit
A delegation from the African Energy Chamber (AEC) has visited Venezuela to advance a structured cooperation programme in the hydrocarbon sector and establish technical training partnerships.
Nigeria's NNPCL visits Dangote Refinery to renew strategic alliance
The Nigerian National Petroleum Co. Ltd. (NNPCL) and 650,000 barrel per day (bpd) Dangote Refinery have agreed to work together to improve energy security, drive economic prosperity, and grow domestic refining capacity.
French engineering group Technip Energies wins Coral Norte FLNG contract offshore Mozambique
Technip Energies NV (EPA:TE) has secured a contract from Mozambique Rovuma Venture (MRV) to advance the Coral Norte floating liquefied natural gas (FLNG) project, marking progress on the country’s second such development.
Kenya raises $824mn from pipeline operator IPO as Uganda takes strategic 20.15% stake
Kenya Pipeline Company's (KPC) inital public offering has raised $824mn, with Uganda taking a 20.15% stake and securing veto rights over senior management decisions.
Egypt accelerates upstream, LNG and renewables drive under 2026 energy strategy
Following recent gas supply shortages, Egypt is accelerating exploration, expanding LNG capacity, upgrading infrastructure and increasing renewable energy to rebuild surplus production and strengthen its role as a regional energy hub.
Nigeria’s Tinubu defends executive order on oil revenues as constitutional safeguard
Nigeria’s presidency has defended Executive Order 9 (EO9) as a constitutional measure to protect federation oil and gas revenues
Egyptian General Petroleum plans to drill 66 wells with $167.5mn investment in 2026/27
Egypt’s General Petroleum Company (EGPC) plans to drill 66 wells, including 8 exploratory wells, with a total investment exceeding EGP 8bn ($167.5mn) as part of its strategy for FY 2026/27
Mozambique's government says sovereign wealth fund will make economy more resilient
Mozambique’s natural gas-backed sovereign wealth fund has accumulated about $116.8mn as of February 10, following initial deposits made late in 2025.
Angolan firm Azule Energy starts oil production at deep-sea project Ndungu
Angolan oil company Azule Energy, a JV between BP and Eni, has started production at its offshore Ndungu field in the southwestern African nation.
Dangote to open refinery ownership to Nigerians within five months
Nigerians will be able to buy shares directly in the $19bn Dangote Refinery within four to five months, said its billionaire owner, Aliko Dangote.
Nigeria’s NNPCL faces forensic audit as government tightens oil revenue controls
Nigeria’s government has launched a forensic audit of the NNPCL and issued a new executive order mandating the direct remittance of key oil revenues to the Federation Account
Kenya’s Koko Networks seeks buyers after clean-fuel startup collapse
PricewaterhouseCoopers (PwC) has opened a process to find buyers for the assets of Koko Networks Ltd, a Kenyan clean-energy company placed under administration in early February.
Nigerian President Bola Tinubu signs executive order aimed at curbing wasteful spending in the oil and gas sector
Nigerian President Bola Tinubu has signed an executive order aimed at preventing wasteful spending in the oil and gas sector, removing overlapping structures and making sure resources are allocated for the benefit of Nigerians.
Trump mulls attack on Iran as energy markets brace for conflict
Tensions between the US and Iran look ready to boil over into outright war as President Donald Trump continues to pile on the pressure.
Iran’s petchem chief laments low feedstock share
Iran’s deputy oil minister criticised the small share of crude oil and natural gas allocated to the petrochemical sector, saying most of the country’s hydrocarbons were turned into fuel rather than higher-value products.
Nigeria and IEA sign pact to cut methane emissions, expand clean cooking access
Nigeria has signed a Memorandum of Understanding with the International Energy Agency (IEA) to reduce methane emissions, expand gas infrastructure and support clean cooking access for five million households by 2030
Nigerian energy company Oando seeks to list 4.4bn shares in $163.99mn rights issue
Nigerian energy company Oando Plc (NGX: OANDO) has applied to the Nigerian Exchange to list 4.4bn ordinary shares under a NGN220.79bn ($163.99mn) rights issue aimed at strengthening its balance sheet following a weaker 2025 performance.
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