Gulfoilandgas.com Africa News

Panoro Energy – Significant Oil Discovery Offshore Gabon

Fri, 07 Mar 2025 00:00:00 GMT

Panoro Energy ASA (“Panoro” or the “Company”) announces a significant new oil discovery has been made at the Bourdon prospect, located on the Dussafu Marin Permit (“Dussafu”) offshore Gabon in which P...

BW Energy: Substantial oil discovery made on the Bourdon prospect

Fri, 07 Mar 2025 00:00:00 GMT

BW Energy is pleased to announce a substantial oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu Licence offshore Gabon.

Evaluation of logging data and form...

Tower Resources Provides Namibia and Cameroon Update

Fri, 07 Mar 2025 00:00:00 GMT

Tower Resources plc, the AIM-listed oil and gas company focused on Africa , is pleased to announce that its wholly-owned subsidiary Tower Resources ( Namibia ) Limited ("TRNL") has agreed to purchase ...

Robinyan Community Celebrates Landmark Interconnected Minigrid

Thu, 06 Mar 2025 00:00:00 GMT

Sahara Power Group, Ikeja Electric, Darway Coast, RMI, and GEAPP collaborate to deliver reliable electricity, transforming lives and boosting economic growth in Ogun State.

Key Facts:
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UpEnergy issues Africa's first-ever electric cooking carbon credits

Thu, 06 Mar 2025 00:00:00 GMT

UpEnergy, a social enterprise dedicated to channeling climate finance to fight energy poverty through decarbonization projects, announced the issuance of the first-ever electric cooking carbon credits...

Maurel & Prom Announces 2024 annual results

Thu, 06 Mar 2025 00:00:00 GMT

• Solid operational and financial performance maintained
o M&P working interest production in 2024: 36,222 boepd, up 29% from 2023, and higher for each of the Group’s assets
o Scope 1 and 2...

Aminex plc Provides Ntorya Operations Update

Wed, 05 Mar 2025 00:00:00 GMT

Aminex, the oil and gas exploration and development company focused on Tanzania, is pleased to announce the following operations update on the Ntorya development:

Ntorya to Madimba Pipeline...

Top 5 Reasons to Attend Congo Energy & Investment Forum 2025

Wed, 05 Mar 2025 00:00:00 GMT

Serving as the inaugural edition, this year’s Congo Energy & Investment Forum (CEIF) 2025, scheduled for March 25-26 in Brazzaville, underscores the Republic of Congo’s growing role in Africa’s energy...

CEIF 2025 Set to Drive Investment and Growth with Business Management Participation

Wed, 05 Mar 2025 00:00:00 GMT

As part of a strategy to spur energy investment and socioeconomic development, the Republic of Congo has initiated a number of strategies to drive resource monetization, project development and local ...

Vaalco Energy Announces New $300 million revolving credit facility

Wed, 05 Mar 2025 00:00:00 GMT

VAALCO Energy, Inc. ("Vaalco" or the "Company") announced that it has entered into a new revolving credit facility ("the new facility") with an initial commitment of $190 million and the ability to gr...

Stanbic Bank & EIB Global launch €20 million credit line for SMEs and women entrepreneurs

Tue, 04 Mar 2025 00:00:00 GMT

The EIB Global facility will support businesses owned by women, run by women, employing or serving women, in line with the 2X Challenge.
The credit line will offer longer-term loans tailored to t...

Seplat Energy Announces Audited results for the year ended 31 December 2024

Tue, 04 Mar 2025 00:00:00 GMT

Seplat Energy PLC ("Seplat Energy" or "the Company"), a leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock Exchange, announces its audited results fo...

Seplat Energy Announces Corporate Update

Tue, 04 Mar 2025 00:00:00 GMT

Seplat Energy Plc ("Seplat Energy" or the "Company"), a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and London Stock Exchange, announces a final dividend a...

Nigeria becomes an EBRD shareholder

Tue, 04 Mar 2025 00:00:00 GMT

Nigeria has become the EBRD’s 77th shareholder
Nigeria has also expressed interest in becoming an EBRD recipient country
In 2023, the EBRD’s Board of Governors approved a limited and increme...

TDI-Brooks Completes 2DHR Geophysical Survey Project Off Nigeria

Tue, 04 Mar 2025 00:00:00 GMT

TDI-Brooks has recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nig...

Olea Congo Discusses Energy Insurance Sector Expansion

Tue, 04 Mar 2025 00:00:00 GMT

With rising investments in hydrocarbons in the Republic of Congo, insurance companies are ensuring that industry players are adequately covered. In an exclusive interview with Energy Capital & Power, ...

Angola Kicks 2025 Off with Major Oil & Gas Milestones

Tue, 04 Mar 2025 00:00:00 GMT

Angola has witnessed several industry milestones in the first two months of 2025, all of which lay the foundation for an impactful year ahead. From exploration deals and project advancements to new en...

Savannah Energy Plans £30.6 million Raise, Trading to Resume

Tue, 04 Mar 2025 00:00:00 GMT

Following its announcement on 3 March 2025, Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces the completion of a fundraising (...

EIB & Ecowas Bank for Investment and Development Partner to Support West Africa’s Climate Action

Mon, 03 Mar 2025 00:00:00 GMT

European Investment Bank and Ecowas Bank for Investment and Development Partner to Support West Africa’s Climate Action and Sustainability Initiatives The European Investment Bank (EIB) and the ECOWA...

Savannah Energy Provides Operational and Financial Update

Mon, 03 Mar 2025 00:00:00 GMT

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces an intention to complete a fundraising (the "Fundraising") by way of a subscr...