Angola strengthens its role as Africa’s oil leader with advanced offshore fields, strategic investments, and sustainable practices.
Feyisayo Ajayi
Feyisayo Ajayi
Feyisayo Ajayi is a finance reporter at Billionaires Africa, covering company valuations, latest market trends, and developments in the African continent with a special focus on finance, energy & renewables, and technology.
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Algeria and Japan discuss energy and mining collaboration, focusing on hydrocarbons, renewables, rare earth minerals, and critical metals.
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Oil price shifts reshape African economies, spotlighting challenges and opportunities for growth, trade, and energy diversification.
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TotalEnergies extends Namibia offshore rig contract, boosting exploration in the Orange Basin with key oil discoveries.
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Congo advances energy ambitions with refinery upgrades, gas projects, and a 2027 oil production target of 500,000 barrels/day.
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Sasol cuts Mozambique gas production amid post-election unrest, prioritizing safety of staff and infrastructure as tensions escalate.
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Sirte Oil’s new Zelten well achieves 2,300 bpd, boosting Libya’s daily crude output above 103,000 bpd, highest since 2007.
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Nigeria, Angola, and Algeria lead Africa’s oil production, driving economies while navigating structural challenges and global market fluctuations.
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Noble secures $171 Million Tullow Ghana drilling contract, boosting exploration and Ghana’s economy through offshore drilling advancements.
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ACREP to begin oil exploration in Angola’s Cabinda Norte Block in 2025, addressing longstanding bureaucratic and infrastructure challenges.