VesselsĀ & RigsĀ Market

Chevron in talks with Trump team over Venezuela oil operations, sanctions

(Bloomberg) – Chevron Corp. is in discussions with the Trump administration about remaining in compliance with sanctions in Venezuela, emphasizing the benefits to the...

INA confirms new offshore gas reserves in Croatia’s Northern Adriatic

(WO) - Croatian oil and gas companyĀ INAĀ has confirmed new offshore natural gas reserves in the Northern Adriatic, following the successful drilling and early testing...

Nigeria approves 28 firms to capture gas lost to flaring, targets $2 billion investment

(Bloomberg) — Nigeria has granted permits to 28 firms to buy gas currently being burned off by the oil industry, as the West African...

Komolafe inspects Emem FPSO ahead of final voyage to Nigeria

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engineer Gbenga Komolafe, has expressed delight over the impending increase in oil...

AFRIPERF adopts Nigeria as headquarters, elects Komolafe chairman

The African Petroleum Regulators Forum (AFRIPERF) has unanimously adopted Nigeria as its official headquarters and also elected the Commission Chief Executive, Nigerian Upstream Petroleum...

NUPRC Restates Commitment to Transparency, Promises Untainted Licensing Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to preventing and tackling corruption, promising to deliver an untainted 2025 Licensing Round. The...

African E&P Above-Ground Attractiveness Strengthens Amid Policy and Licensing Reforms

Political change, civil activism and shifting governance structures are creating new dynamics for African E&P. The waning of legacy European influence is being replaced...

Congo LNG Launches Phase 2 Operations – A Continental Signal of Africa’s New Energy Ambition

The Republic of Congo has started operations at the second phase of the Congo LNG project, with operator Eni announcing the arrival of the...

The Surge in Gas Production and Africa’s Path to Economic Transformation

Natural gas will be a pivotal component of Africa’s energy future as it is uniquely poised for growth despite the move toward a surplus...

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