OSLO, NORWAY (By Equinor, 18.Aug.2026, Words: 176) — Equinor signed an agreement with Harmattan Energy Limited, a Chevron subsidiary in Namibia, to acquire a 17.4% participating interest in petroleum exploration licence 90 (PEL 90) in the Orange basin offshore Namibia. The transaction marks Equinor’s entry into Namibia and the licence provides […]
Category: Africa
Africa energy
Viridien inks deal with Senegal’s NOC Société de Pétroles du Sénégal (PETROSEN)
PARIS, FRANCE (By Viridien 13.Aug.2026, Words: 236) — Viridien announced the signing of a strategic multi-client partnership agreement with Société de Pétroles du Sénégal (PETROSEN), Senegal’s national petroleum company. The partnership establishes a collaborative framework for Viridien to deliver comprehensive subsurface intelligence throughout the prolific and highly prospective MSGBC Basin spanning […]
PRESS DIGEST 13 AUG 2026: Viridien-PETROSEN deal; ODL Pipeline in COL; Lorán field development
CARACAS, VENEZUELA (By Energy Analytics Institute and Editores Latin Petroleum, 13.Aug.2026, Words: 459) — The following briefs span company details on BP, XRG, UCC Holding, New Pacific Metals Corp., Metalla Royalty & Streaming Ltd., Nucor Corp., Orvana Minerals Corp., Argentina’s Ministry of Economy, Société de Pétroles du Sénégal (PETROSEN), Sonatrach, Saipem, […]
Saipem inks €500mn LNTP with Sonatrach for PPI in Algeria
MILAN, ITALY (By Saipem, 12.Aug.2026, Words: 380) — Saipem signed with Sonatrach a limited notice to proceed (LNTP) (“Protocole d’Accord”) for the execution of Phase 1 of the projet phosphates intégré (PPI) in Algeria. The LNTP, worth approximately €500mn euro, follows a letter of intent (LOI) through which Saipem was […]
PRESS DIGEST 12 AUG 2026: Doral Renewables deal; CB&I LH2 storage; MEX sends aid to COL
CARACAS, VENEZUELA (By Energy Analytics Institute and Editores Latin Petroleum, 12.Aug.2026, Words: 495) — The following briefs span company details on New Mexico Gas Company (NMGC), Emera Inc., Bernhard Capital Partners, Revman International, Doral Renewables LLC, Doral Group Renewable Energy Resources Ltd, Lindian Resources Limited, Sonatrach, Saipem, and CB&I, among others. LATIN […]
Saipem inks LOI for Rovuma LNG onshore project in Mozambique
MILAN, ITALY (By Saipem, 7.Aug.2026, Words: 272) — Saipem S.p.A., leading the SMDC joint venture with McDermott Energy Solutions (UK) Ltd., Daewoo Engineering & Construction Co. Ltd. and China Petroleum Engineering & Construction Corporation, has signed a letter of intent with ExxonMobil Moçambique, Limitada, on behalf of the Area 4 […]
FinDev Canada invests €40mn in NSIA Banque Côte d’Ivoire S.A.
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 6.Aug.2026, Words: 191) — Canada’s bilateral development finance institution, FinDev Canada, announces the signing of a €40mn loan to NSIA Banque Côte d’Ivoire S.A., a leading bank in Côte d’Ivoire. This represents FinDev Canada’s first direct investment in the African country and an […]
ExxonMobil awards McDermott LOI for Rovuma LNG project in Mozambique
HOUSTON, TEXAS (By McDermott, 6.Aug.2026, Words: 280) — McDermott Energy Solutions (UK) Limited, a subsidiary of McDermott and a majority shareholder in the SMDC joint venture with Saipem S.p.A., Daewoo Engineering & Construction Co. Ltd. and China Petroleum Engineering & Construction Corporation (CPECC), has been awarded by ExxonMobil Moçambique Limitada, on […]
PRESS DIGEST 1 AUG 2026: EVs export to China; IOCs with headwinds in VEN
CARACAS, VENEZUELA (By Energy Analytics Institute, 1.Aug.2026, Words: 555) — The following briefs span company details on the International Energy Agency (IEA), KAPSARC, International Monetary Fund (IMF), Shell Companies, Petrotrin, Exxon, Shell Nigeria Exploration and Production Company Limited (SNEPCo) and Chevron among others. The briefs are compiled from varied media outlets […]
SLB OneSubsea JV inks EPC deal for Eni’s Baleine phase 3 project off Côte d’Ivoire
HOUSTON, TEXAS (By SLB, 13.Jul.2026, Words: 246) — SLB announced its OneSubsea™ joint venture has been awarded a major multi-well engineering, procurement, and construction (EPC) contract by Eni for Phase 3 of the deepwater Baleine project offshore Côte d’Ivoire. “Baleine Phase 3 brings together scale and execution certainty,” said Mads […]
PRESS DIGEST 9 JUL 2026: PETROBRAS in Africa; ECU power plant maintenance
CARACAS, VENEZUELA (By Energy Analytics Institute, 9.Jul.2026, Words: 225) — The following briefs span company details on EP PETROECUADOR, Halliburton, Eni, and PETROBRAS, among others. The briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond. Energy Analytics Institute (EAI) has not verified all […]
PETROBRAS concludes purchase of exploration block in São Tomé and Príncipe
BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 9.Jul.2026, Words: ) — Brazil’s state-owned PETROBRAS concluded acquisition of interest in and operatorship for Block 3, located offshore São Tomé and Príncipe, in Africa. The announcement follows on the disclosure made on 17 Apr. 2026.
PRESS DIGEST 25 JUN 2026: CCS Stock Exchange hours; Olmeca power issue
CARACAS, VENEZUELA (By Energy Analytics Institute, 25.Jun.2026, Words: 489) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on The Caracas Stock Exchange, Petróleos Mexicanos (PEMEX), CFE, Power Metallic Mines Inc., Baker Hughes, and JinkoSolar Holding […]
Baker Hughes to deliver systems to support greater PAJ development
HOUSTON, TEXAS and LONDON, UK (By Baker Hughes, 25.Jun.2026, Words: 252) — Baker Hughes announced a significant award from Azule Energy to provide subsea production systems to support safe, efficient operations in Angola’s Greater PAJ development. Under the agreement, Baker Hughes will supply its deepwater horizontal tree systems to optimize production […]
Baker Hughes inks service agreement with ANOH for gas plant in Nigeria
HOUSTON and LONDON (By Baker Hughes, 23.Jun.2026, Words: 214) — Baker Hughes announced an award from ANOH Gas Processing Company (AGPC) to provide comprehensive lifecycle services [that covers parts, repair services, engineering advisory] and iCenter™ digital services for turbomachinery equipment at the greenfield ANOH Gas Processing Plant in Nigeria, one of the nation’s […]
ExxonMobil awards Nigerian deepwater completions contract to Weatherford
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 21.May.2026, Words: 137) — Esso Exploration & Production Nigeria Ltd. (EEPNL), an ExxonMobil affiliate, awarded Weatherford International plc a deepwater integrated completions contract for offshore Nigeria. While financial details were not revealed by either company, the contract falls within Weatherford’s well construction and completions […]
QatarEnergy inks MOU for gas cooperation with Egypt in the Eastern Mediterranean
DOHA, QATAR (By QatarEnergy, 21.May.2026, Words: 238) — QatarEnergy signed a memorandum of understanding (MOU) with the government of the Arab Republic of Egypt and ExxonMobil to study enabling the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure. The MOU enables […]
Noble highlights backlog, extension with PETROBRAS, contract with ExxonMobil Guyana
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 26.Apr.2026, Words: 467) — Noble Corporation’s fleet of 24 marketed floaters was 68% contracted during the first quarter 2026 (1Q:26) compared with 62% in the 4Q:25. Recent contract awards since last quarter have added approximately 5 rig years of new floater backlog. Recent […]
Baker Hughes 1Q:26 oilfield services & equipment (OFSE) international highlights
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 23.Apr.2026, Words: 338) — Baker Hughes Company reported Oilfield Services & Equipment (OFSE) secured strategic orders and agreements across key product lines and geographies in the first quarter 2026 (1Q:26) including deals in the Latin America and Caribbean (LAC) region with PETROBRAS in […]
West Africa LNG Group highlights strategic progress on Guinea LNG project
WASHINGTON, DC (By WALNG, 7.Apr.2026, Words: 438) — West Africa LNG Group (WALNG) highlighted continued momentum behind its Guinea LNG project during the Powering Africa Summit in Washington, D.C., including engagements with senior officials from the Government of Guinea and the US. During the Summit, the minister of energy of the […]
Subsea7 awarded $150mn-$300mn contract offshore Equatorial Guinea by Noble Energy
PANAMA CITY, PANAMA (By Piero Stewart, Energy Analytics Institute, 1.Apr.2026, Words: 150) — Subsea7 was awarded a substantial contract, valued between $150mn-$300mn, by Noble Energy EG Ltd (a Chevron company) for the subsea installation scope on the Aseng gas monetization project, offshore Equatorial Guinea. The project involves a single-well tieback connecting […]
Borr Drilling reveals new commitments for jack-up rigs across Mexico, Vietnam, and Gabon
MONTERREY, MEXICO (By Isaac Silvestre, Energy Analytics Institute, 1.Apr.2026, Words: 203) — Borr Drilling Limited announced new contract commitments for 4 of its premium jack-up rigs. AFRICA
Eni boasts start of gas delivery from the Quiluma field, offshore Angola
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 17.Mar.2026, Words: 202) — Eni celebrated the first gas delivery from the new gas consortium (NGC)’s Quiluma field, a major milestone for Angola’s energy sector. Initial gas export from Quiluma is expected at 150 million standard cubic feet per day (MMscf/d). And, Eni […]
PRESS DIGEST 17 MAR. 2026: General Mill’s Brazil exit; Eni output offshore Angola; MORENA
MONTERREY, MEXICO (By editors with Energy Analytics Institute, 17.Mar.2026, Words: 225) — The following briefs are the top stories from the top media outlets on 17 Mar. 2026 across the Latin America and Caribbean (LAC) region and beyond, as compiled by editors from Energy Analytics Institute (EAI). EAI has not verified […]
TotalEnergies reports start-up of new gas consortium Quiluma offshore gas field
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 17.Mar.2026, Words: 185) — TotalEnergies started production from the Quiluma field in Angola. This is the first development of a non-associated gas field in the African country. The gas produced will be a stable and important source of gas supply for the Angola […]
Seadrill reveals contract extension for Sonangol Quenguela in Angola with Sonangol
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 16.Mar.2026, Words: 99) — Seadrill Limited announced Sonadrill Holding Ltd, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension. Seadrill earns a management fee for providing management, operational and technical support to Sonadrill. A 7-well […]
![EAI brief: Chevron details 2025-2030 project activities from Angola to Guyana [info. graph]](https://energy-analytics-institute.org/wp-content/uploads/2025/08/IMG_1559.jpeg)
EAI brief: Chevron details 2025-2030 project activities from Angola to Guyana [info. graph]
BATON ROUGE, LOUISIANA (By Pietro D. Pitts, Energy Analytics Institute, 25.Feb.2026, Words: 95) — Chevron Corporation eyes continued 2025-2030 major capital project activity from 2025-2030 spanning from Africa to South America and beyond. This, according to new details revealed to investors in a Feb. 2026 presentation.
Chevron enters Libya with new block award as part of broader exploration growth strategy
HOUSTON, TEXAS (By Chevron, 11.Feb2026, Words: 315) — Chevron Corporation, through its subsidiary Chevron Business Development EMEA Ltd., entered Libya after it was designated as a winning bidder in the 2025 Libyan Bid Round. This follows the signing of a memorandum of understanding (MOU) with the country’s National Oil Corporation (NOC). […]
Corruption perceptions index 2025: Venezuela (10), Mexico (27), Uruguay (73)
BERLIN, GERMANY (By Transparency International, 10.Feb.2026, Words: 1,102) — Corruption is worsening globally, with even established democracies experiencing rising corruption amid a decline in leadership, according to Transparency International’s 2025 Corruption Perceptions Index (CPI), published today. This annual index shows that the number of countries scoring above 80 has shrunk […]
Petrobras acquires stake in exploration block in the Republic of Namibia
RIO DE JANEIRO, BRAZIL (By Petrobras, 6.Feb.2026, Words: 342) — Petrobras acquired a 42.5% stake in Block 2613, located offshore in the Republic of Namibia, Africa. The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block. The selling […]
Argentina doesn’t endorse final G20 document in Johannesburg
BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 22.Nov.2025, Words: 221) — Argentina did not endorse the final document circulated during the G20 Leaders’ Summit in Johannesburg. This decision by Argentina stems from the breakdown of the consensus rules governing the G20’s operations, as well as from substantive differences regarding […]
![EAI NRG Dashboard 2 Nov. 2025 [free pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2023/04/hess-houston-source-energy-analytics-institute-b-scaled.jpg)
EAI NRG Dashboard 2 Nov. 2025 [free pdf download]
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Nov.2025, Words: 2,000) — The Energy Analytics Institute (EAI) NRG Dashboard — a must read for investors, students, academics and energy executives among others interested or already following the Latin America and Caribbean (LAC) region energy sector in particular and the global energy […]
bp confirms success at Volans-1X exploration well in Namibia’s Orange Basin
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 20.Oct.2025, Words: 231) — bp confirmed preliminary results from the Volans-1X exploration well in Namibia’s Orange Basin, as earlier reported by operator Rhino Resources. Petroleum Exploration License 85 (PEL85), where the well was drilled, is operated by Rhino with a working interest […]
McDermott delivers first subsea project offshore Angola for France’s TotalEnergies
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 16.Oct.2025, Words: 292) — McDermott revealed the safe and successful completion of engineering, procurement, construction, installation, pre-commissioning and commissioning activities for TotalEnergies‘ Begonia field development. Begonia is located in block 17/06, approximately 150km off the coast of Angola, and marks McDermott’s first subsea project […]
![EAI NRG Dashboard 13 Oct. 2025 [free pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2025/10/front-cover-13oct2025-nrg-dashboard-eai.png)
EAI NRG Dashboard 13 Oct. 2025 [free pdf download]
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 13.Oct.2025, Words: 2,000) — The Energy Analytics Institute (EAI) NRG Dashboard — a most read for investors, students, academics and energy executives among others interested or already following the Latin America and Caribbean (LAC) region energy sector in particular and the global energy […]
McDermott and PETROFUND team up to advance Namibia’s energy talent pipeline
HOUSTON, TEXAS and WINDHOEK, NAMIBIA (By McDermott, Oct. 8, 2025, Words: 283) — McDermott and Namibia’s Petroleum Training and Education Fund (PETROFUND) signed a memorandum of understanding (MOU) to collaborate on academic and industrial training initiatives in Namibia’s upstream oil and gas sector. The collaboration will align with international standards to provide Namibian students, job seekers and […]
8 OPEC+ countries reaffirm commitment to market stability
VIENNA, AUSTRIA (By OPEC, 5.Oct.2025, Words: 286) — The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. and Nov. 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 Oct. 2025, to review global market conditions and outlook In view of […]
Eni takes FID for Mozambique’s Coral North FLNG project
MAPUTO, MOZAMBIQUE (By Eni, 2.Oct.2025, Words: 409) — Eni and its partners CNPC, ENH, Kogas, and XRG have reached the final investment decision (FID) to develop the Coral North FLNG project, deepwater offshore Cabo Delgado, north of Mozambique. The signing took place in Maputo today, at the presence of the […]
Italy’s Eni acquires new exploration block CI-707 offshore Côte d’Ivoire
HOUSTON, TEXAS (By Isaac Silvestre, Energy Analytics Institute, 1.Oct.2025, Words: 240) — Italy’s Eni and the Ivorian Ministry of Mines, Petroleum and Energy signed the exploration contract for the CI-707 offshore block in Abidjan. The license covers an area that spans 2,926 km2 in the Ivorian sedimentary basin where water […]
Petrobras reveals participation in São Tomé and Príncipe exploratory block 4
SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 12.Sep.2025, Words: 178) — Petrobras concluded the acquisition of a 27.5% stake in block 4, located in São Tomé and Príncipe, Africa. With this acquisition, Petrobras joins the consortium of the aforementioned block, which includes Shell, the operator of the […]
Viridien and Mantle8 enter partnership to fast-track hydrogen exploration across EMEA
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 11.Sep.2025, Words: 227) — Viridien and Mantle8, a French geoscience company focused on natural hydrogen exploration, formed a strategic partnership to accelerate hydrogen exploration across the Europe, Middle East, Africa (EMEA) region, which is underpinned by Viridien securing a strategic investment […]
bp inks MOU to drill 5 wells in the Mediterranean
HOUSTON, TEXAS (By bp, 9.Sep.2025, Words: 425) — bp announced the signing of a Memorandum of Understanding (MOU) to evaluate opportunities for a 5-well program at water depth ranging from 300m to 1,500m in the Mediterranean Sea. The program is designed to accelerate the development and production of national gas […]
TotalEnergies awarded 2 exploration permits offshore Nigeria
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Sep.2025, Words: 185) — TotalEnergies (80%, operator), together with its partner South Atlantic Petroleum (20%), have signed the production sharing contract (PSC) for the PPL 2000 and PPL 2001 exploration licenses offshore Nigeria. The licenses were awarded following the 2024 Exploration […]
TotalEnergies awarded new exploration permit in the Congo
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 1.Sep.2025, Words: 162) — TotalEnergies (50%, operator), together with its partners QatarEnergy (35%) and the national company SNPC (15%), has been awarded the Nzombo exploration permit in the Republic of the Congo. The 1,000 km2 Nzombo permit is located 100km off the coast of Pointe-Noire, close to […]
Eight OPEC+ countries eye 547,000 b/d production adjustment [table]
VIENNA, AUSTRIA (By OPEC, 3.Aug.2025, Words: 294) — Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirmed their commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production. The 8 OPEC+ countries, which previously announced additional voluntary adjustments in Apr. […]
![Shell reports 2Q:25 results, comments on LNG Canada [pdf downloads]](https://energy-analytics-institute.org/wp-content/uploads/2022/07/Shell-flag.jpg)
Shell reports 2Q:25 results, comments on LNG Canada [pdf downloads]
LONDON, ENGLAND (By Shell, 31.Jul.2025, Words: 128) — Shell plc Chief Executive Officer, Wael Sawan commented on the company’s second-quarter 2025 results. “Shell generated robust cash flows reflecting strong operational performance in a less favourable macro environment. We continued to deliver on our strategy by enhancing our deep-water portfolio in […]
Finland tops annual global mining survey rankings, Ethiopia ranks last
VANCOUVER, BC (By Fraser Institute, 29.Jul.2025, Words: 263) — Finland is the most attractive jurisdiction in the world for mining investment, followed by Nevada and Alaska, according to the Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian policy think-tank. “The Fraser Institute’s mining survey is the most comprehensive report […]
![IMF and “tenuous resilience amid persistent uncertainty” [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2020/11/2018-09-07T100212Z_20653507_RC18D091EAF0_RTRMADP_3_SANMARINO-IMF_0.jpg)
IMF and “tenuous resilience amid persistent uncertainty” [pdf download]
WASHINGTON, DC (By IMF, 28.Jul.2025, Words: 292) — Global growth is projected at 3% for 2025 and 3.1% in 2026, the International Monetary Fund (IMF) said in its Jul. 2025 World Economic Outlook update. The forecast for 2025 is 0.2% point higher than that in the reference forecast of the […]
![Eni reports results: 2Q:25 and 1H:25 [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2021/07/eni-logo.jpg){kind=logo}
Eni reports results: 2Q:25 and 1H:25 [pdf download]
SAN DONATO MILANESE, ITALY (By Eni, 25.Jul.2025, Words: 291) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2025. As a result, Eni CEO Claudio Descalzi said: “Eni’s consistent strategic focus has produced excellent results in Q2 ’25. […]
![TotalEnergies boasts upstream production of 2.53 Mboe/d in 2Q:25 [pdf download]](https://energy-analytics-institute.org/wp-content/uploads/2022/08/img-remontee-cp-eoliennes-offshore-source-totalenergies.webp)
TotalEnergies boasts upstream production of 2.53 Mboe/d in 2Q:25 [pdf download]
PARIS, FRANCE (By TotalEnergies, 24.Jul.2025, Words: 421) — The Board of Directors of TotalEnergles SE, chaired by CEO Patrick Pouyanné, met on July 23, 2025, to approve the 2nd quarter 2025 financial statements. On the occasion, Patrick Pouyanné said: “TotalEnergies delivered robust financial results in the second quarter: cash flow […]