Oil
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in Short
Egypt : $121 million oil and gas investment deals signed
On September 14, 2025, Egypt signed three investment agreements worth more than USD 121 million for oil and gas exploration,…
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in Short
Egypt : Real GDP up 4.5% in 2024-25
On August 30, 2025, Finance Minister Ahmed Kouchouk announced Egypt’s real GDP grew 4.5% in 2024-25, supported by IMF-backed reforms…
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in Short
Senegal : Sangomar production exceeds expectations with 16.9 million barrels in 2024
In 2024, the Sangomar well produced nearly 16.9 million barrels of crude oil, surpassing the initial target of 11.7 million…
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in Short
Côte d’Ivoire : Sahara Energy acquires TotalEnergies’ stake in SIR
TotalEnergies has sold its 27.33% stake in Société Ivoirienne de Raffinage (SIR) to Sahara Energy for nearly €200 million. This…
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in Short
Senegal : SAR refines senegalese crude for the first time
The Société africaine de raffinage (SAR) has reached a milestone by refining Senegalese crude oil for the first time, sourced…
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in Short
Nigeria : Dangote refinery exports jet fuel to Saudi Aramco
On February 10, 2025, Dangote Refinery achieved a major milestone by starting jet fuel (Jet A1) production. Two cargoes have…
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in Short
Nigeria : ADES Holding secures contract for Admarine 501
On February 10, 2025, ADES Holding announced a new contract in Nigeria for its jackup drilling unit Admarine 501. This…
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in Short
Namibia : new oil and gas discovery in the Orange basin
PEL 83 partners have announced a new oil and gas condensate discovery in Namibia’s Mopane field. The Mopane-2A well uncovered…
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