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Libya's National Oil Corporation has signed production-sharing agreements with Repsol, Türkiye Petrolleri, Eni, QatarEnergy and a consortium comprising MOL Group, Türkiye Petrolleri and Repsol following the country's 2025 bid round. The OPEC member awarded exploration blocks in February to companies including Chevron, Eni, QatarEnergy and Repsol as it seeks to raise oil production capacity to two-million barrels a day from around 1.4-million barrels a day currently.
Mantashe calls for stronger refining capacity and accelerated oil and gas developmentMineral and Petroleum Resources Minister Gwede Mantashe has reiterated government's commitment to strengthening South Africa's energy security through increased refining capacity, strategic fuel stocks and accelerated oil and gas developments, warning that recent Middle East geopolitical conflict has exposed risks of excessive reliance on imported refined petroleum products. He highlighted that existing domestic refining infrastructure accounts for only 40% of South Africa's fuel requirements and stressed the need to restore additional local refining capacity through revitalisation of the South Africa Petroleum Refineries in Durban, while the Department of Mineral and Petroleum Resources is working to accelerate environmental approvals for offshore oil and gas exploration projects in the Orange basin.
Invictus Energy signs Zimbabwe gas production-sharing agreement for Cabora Bassa projectAustralia's Invictus Energy has signed a petroleum production-sharing agreement with Zimbabwe for its Cabora Bassa gas project, with the company preparing to drill its next Musuma-1 exploration well in the second half of 2026, targeting 1.2 trillion cubic feet of gas and 73-million barrels of condensate resource. In 2023, Invictus declared large gas condensate discoveries at its Mukuyu gas field, potentially opening up a new inland oil and gas frontier in Zimbabwe.
Oil And Gas Updates
Modern process industries such as abrasive mining slurries, explosive emulsions, and highly viscous industrial fluids require reliable, efficient, and safe pumping systems that offer ease of...
By: Nnadozie Ogbuehi - Vice President for Services, SSA at Schneider Electric Across West Africa, organisations are increasingly rethinking how they manage critical assets and operational...
Libya's National Oil Corporation (NOC) has signed production-sharing agreements with several international energy companies following the country's first licensing round in nearly two decades, its...
Mineral and Petroleum Resources Minister Gwede Mantashe has reiterated government’s commitment to strengthening South Africa’s energy security through increased refining capacity, strategic fuel...
Schneider Electric, a global energy technology leader, has announced the availability of its next-generation BlokSeT low-voltage (LV) switchboard for the West African marketplace. The switchboard...
(Virtual Showroom) Electra Mining Africa is one of the most significant dates on the industrial calendar, and this September, VEGA will be bringing its world-class measurement technology to the...
Australia's Invictus Energy signed a petroleum production sharing agreement (PPSA) with Zimbabwe on Wednesday, a key step as it looks to advance its Cabora Bassa gas project, company executives...
African investment and advisory firm Averi Finance and JSE-listed mining investment company Mantengu have entered into substantive negotiations for a reverse merger that will create a pan-African...
Brazil's Finance Ministry on Tuesday released a preliminary proposal for phased sectoral coverage of the country's regulated carbon market, outlining which industries will be required to report...
Endress+Hauser introduces iTHERM ModuLine, a versatile portfolio of modular thermometers designed for both general and demanding industrial applications. With only seven product variants, the range...
(Virtual Showroom) Reliable, Non-Contact Density and Mass Flow Measurement for Modern Energy Applications Accurate and dependable process measurement is vital in the energy industry. VEGA delivers...
Gas monetisation and broader gas cooperation will become central to strengthening energy ties between Senegal and Nigeria, following a high-level working visit aimed at deepening collaboration...
Geopolitics has become the key driving force of international product markets and as a result, energy security has become more unstable than ever before. So, Africa must concentrate on industrial...
As industry pressures mount, the margin for error has narrowed, writes Hanno Van Niekerk, Market Leader – Sub Saharan Africa The world is in the middle of the largest LNG infrastructure buildout in...
Oil, gas and energy company TotalEnergies has made a hydrocarbon discovery on the Moho licence, offshore Congo-Brazzaville, following the drilling of the MHNM-6 NFW exploration well targeting the...
By: Paul Wani Lado - attorney at the Centre for Environmental Rights Every March, as South Africa observes National Water Week and World Water Day, we are reminded that safeguarding our water...
The African Energy Chamber (AEC) has applied to become an amicus curiae (friend of the court) in an advisory proceeding which is currently before the African Court on Human and Peoples’ Rights. The...
As global geopolitical tensions and economic shifts unfold rapidly, the conflict in the Middle East holds many implications across multiple sectors globally, including energy, which require...
For over 60 years, VEGA has been at the forefront of level and pressure measurement technology, supporting industries such as chemicals, food, mining, pharmaceuticals, water, oil and gas. Committed...
Activity in the US oil and gas sector in the key producing states of Texas, Louisiana and New Mexico increased in the first quarter of 2026 although output was steady for now, a survey released by...
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