AfrOil - Africa Oil & Gas

Shell, Petrobras complete Falcão-1 well with no commercial hydrocarbon discovery offshore São Tomé and Príncipe

Brazil-based state-controlled integrated energy company Petrobras and UK oil and gas major Shell have completed drilling of the Falcão‑1 well in São Tomé and Príncipe.

Zimbabwe-focused Invictus Energy scraps proposed deal with Qatar's Al Mansour Holdings

The share price of Invictus Energy Ltd (ASX: IVZ, OTCQB: IVCTF, VFEX: INV) plunged by up to 60% on January 27 after it terminated an agreement with a Qatari firm, Al Mansour Holdings (AMH), to jointly develop a gas project in Zimbabwe.

Nigeria’s Pipeline Infrastructure firm aligns with government to support 2.5mn bpd oil output target

Pipeline Infrastructure Nigeria Ltd has pledged closer coordination with NNPCL, security agencies and Bayelsa host communities to protect the Trans-Niger Pipeline, a key step towards Nigeria’s goal of raising crude oil production to 2.5mn bpd.

Egyptian Enppi and Petrojet plan to form engineering venture with French Technip Energies

Egyptian state-owned engineering and oil services firms Enppi and Petrojet plan to establish a new joint venture with France’s energy firm Technip Energies to compete for large-scale projects

Libya sees Turkey as key partner in energy push, targets 2mn bpd output

Libyan oil minister Khalifa Abdulsadek said Turkey could play a pivotal role in developing the oil and gas industry in his country with its technical expertise and offshore fleet.

Namibian president seeks legal opinion over 2025 extension of exploration permit

Namibia is reviewing the circumstances surrounding the extension of an exploration licence that is held by a local firm, Paragon Oil and Gas (Paragon).

Tunisia’s natural gas output falls 12.2% y/y in January-October 2025

Tunisia’s natural gas production declined sharply during the first ten months of 2025, intensifying the country’s dependence on imports to meet rising domestic demand

Tanzania to sign $42bn LNG deal by June, minister says

Tanzania expects to sign a $42bn LNG development agreement with partners including Equinor, Shell and Exxon Mobil before June, unlocking over 47trn cubic feet of gas and positioning the country as a future East African LNG export hub.

Pan-African legal firm CLG enters Libyan energy and investment market

Pan-African law and advisory firm CLG has signed a collaboration agreement with Libya’s Zahaf & Partners, marking its entry into the Libyan energy market.

UK opens bribery trial against former Nigerian oil minister Alison-Madueke

The United Kingdom has opened a bribery trial against former Nigerian petroleum minister Diezani Alison-Madueke, accused of accepting cash and luxury benefits in exchange for awarding oil and gas contracts

Cuba turns to African fuel shipments as Venezuelan oil supplies fade

Cuba has begun sourcing fuel from Africa as traditional oil supplies from Venezuela decline sharply, deepening pressure on the island’s power system, according to satellite-tracking data

Algeria and Niger discuss progress of $13bn Trans-Saharan Gas Pipeline

Algeria and Niger have held high-level talks to revive previously agreed cooperation in the hydrocarbons sector, including the strategic $13bn Trans-Saharan Gas Pipeline (TSGP) project

Azerbaijan's SOCAR strikes deal to take 10% stake in Ivory Coast project from Eni

Italy’s Eni signed last week a binding agreement to sell a 10% stake in its Baleine offshore project in Ivory Coast to Azerbaijan’s state oil company SOCAR.

Mozambique government clears TotalEnergies of alleged human rights violations at its $20bn LNG project

Mozambique's human rights commission has said that an investigation it is undertaking on alleged human rights abuses at a site where TotalEnergies is building a $20bn gas project has found no evidence of violations.

AEC calls for balance in developing Africa’s gas for domestic growth and global supply

The AEC’s State of African Energy 2026 Outlook report explores how Africa can realise value from its underdeveloped gas resources by striking a balance between LNG exports and domestic demand for power generation and industrial use.

Egypt exports new LNG cargo to Turkey under Shell contract

Egypt has exported a new shipment of liquefied natural gas (LNG) for global energy major Shell (NYSE: SHEL), loaded from the Idku LNG complex on the Mediterranean coast

Libya signs $20bn oil deal with TotalEnergies and ConocoPhillips to boost output

Libya has signed a 25-year agreement to develop its oil sector with French energy major TotalEnergies (EPA: TTE) and the US firm ConocoPhillips (NYSE: COP), securing foreign investment exceeding $20bn.

Kenya energy firm KPC faces cautious investor outlook ahead of IPO

Kenya Pipeline Company (KPC) has drawn a cautious response from investors as it prepares for its Initial Public Offering (IPO), with analysts warning that the offer may appeal more to long-term institutional investors

Egypt’s government in talks with investment banks to fund fuel projects

The Egyptian government plans to present investment opportunities in the oil, gas and mining sectors to a group of investment banks, including projects aimed at achieving self-sufficiency in diesel and gasoline.

Italy's Eni gets $150mn African Development Bank loan to advance $7bn gas project in Mozambique

The African Development Bank (AfDB) has extended a $150mn senior loan to a consortium led by Italian oil supermajor, Eni (BIT: ENI}, to back the development of a $7bn floating liquefied natural gas (FLNG) project in northern Mozambique.

SOCAR secures stake in Côte d’Ivoire’s Baleine field and signs monitoring deal at Davos

Seplat Energy starts gas output at ANOH project in Nigeria

Seplat Energy has commenced gas production at its Assa North–Ohaji South (ANOH) gas project, marking the start of operations at one of Nigeria’s largest recent gas infrastructure developments

Uganda nears final investment decision on $4bn national oil refinery project

Uganda has moved closer to realising its long-delayed national oil refinery, signing key agreements with Dubai-based Alpha MBM Investments LLC

Attracting investment is key to maintaining Africa’s upstream momentum, says AEC chairman

Africa offers genuine reasons for confidence in its oil and gas future, considering the continued strength of its established producing regions coupled with the promise of emerging frontier basins and advances in new E&P technology.

Portugal’s Galp doubles down on upstream in Brazil

Portugal’s Galp will prioritise expanding oil and gas output in Brazil and Namibia while considering a stock market listing of parts of its downstream business within two years, co-chief executive João Diogo Marques da Silva said.