Oil blocks

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has warned companies holding undeveloped oil and gas blocks to begin development activities by October 31, 2026, or risk losing their …

KEY POINTS The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has opened 40 oil blocks for its 2026 licensing round as the Federal Government steps up efforts to attract new investment …

Nigeria opened its 2026 licensing round with 40 oil blocks across land, shallow water and deepwater, and will require bidders to disclose their owners.

KEY POINTS Senegal has signed a memorandum of understanding with Italian energy company Eni to assess the potential of five offshore oil and gas blocks as the country seeks to …

KEY POINTS Angola has announced a new oil discovery in the country’s mature offshore Block 15, raising hopes of additional production from an area that has already delivered billions of …

KEY POINTS The Federal Government has reduced entry costs for Nigeria’s latest oil licensing round as part of efforts to deepen transparency, stimulate production, and draw fresh investment into the …

Panoro Energy reports record quarterly production in Gabon, aiming for 40,000 bopd by year-end after successful drilling.