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LATEST ARTICLES
Ghana: BOSTenergies Concludes 2026 Health, Safety And Environment Week
ADNOC Approves $6.2 billion Investment To Develop Umm Shaif Gas Cap
Abu Dhabi National Oil Company (ADNOC) said it has approved a final investment decision (FID) worth $6.2 billion (22.6 billion dirhams) to develop the Umm Shaif Gas Cap project with partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC).
The state-owned energy company said the project is expected to produce more than 600 million standard cubic feet per day (scfd) of natural gas and associated gas liquids by 2030, equivalent to nearly 10% of the United Arab Emirates’ current daily gas consumption.
The investment forms part of ADNOC’s strategy to increase domestic gas production and expand its liquefied natural gas (LNG) business as demand for natural gas continues to grow.
The United Arab Emirates holds the world’s seventh-largest proven natural gas reserves.
ADNOC said the project includes three engineering, procurement and construction (EPC) contracts worth a combined $5.1 billion (18.8 billion dirhams), awarded to consortiums comprising UAE and international contractors.
The development also includes a $365 million (1.3 billion dirhams) drilling and integrated drilling services programme to be carried out by ADNOC Drilling over 18 months. The programme covers 14 wells and will use three existing drilling rigs.
ADNOC Managing Director and Group Chief Executive Sultan Ahmed Al Jaber said the project would support the company’s strategy to expand gas production and strengthen its position as a supplier of liquefied natural gas.
Production from the Umm Shaif Gas Cap project is expected to begin in 2030, according to the company.
Nigeria Awards 37 Oil And Gas Blocks To 31 Companies In 2025 Licensing Round
Nigeria’s upstream oil regulator said on Tuesday that 31 companies had emerged winners of 37 oil and gas blocks in the country’s 2025 licensing round, following a competitive bidding process.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said 143 companies submitted 200 bids for 37 of the 50 blocks offered in the round, which was held in Abuja on July 21.
The awarded blocks are located across several oil and gas regions, including the Niger Delta onshore and shallow waters, the Niger Delta deep offshore, as well as frontier basins such as the Benin, Anambra, Chad and Benue basins.
The regulator said 16 blocks were located in the Niger Delta onshore, 18 in shallow waters, one in deep offshore, while the remaining blocks were spread across the frontier basins.
“After a keenly contested bidding process, 31 companies have emerged winners of 37 oil and gas blocks,” the commission said in a statement.
NUPRC said the level of investor interest in frontier basins marked a first for Nigeria’s energy sector, with previously less-developed areas attracting significant participation.
Among the successful bidders were SSonic Petroleum Limited, CFP Pipeline and Flowlines, Dutchford E&P Limited, Rosem Energy Limited, Pivot-GIS Limited, Network E&P, Asharami, LexOil, Gupsco Energy Limited, Concept-Reel Petroleum Services Limited and Clinton Oil Field.
Other winners included Nikstallis, Stardeep Petroleum, Dakoda & U Limited, Southborne Oil and Gas Limited, Lanaka Petroleum, Highban Resources Limited and Eyre Energy Limited.
The commission said the successful bidders would only receive final awards after paying the required signature bonuses and obtaining approval from the petroleum minister in line with the Petroleum Industry Act (PIA) 2021.
NUPRC Chief Executive Oritsemeyiwa Eyesan urged the winning companies to complete the required payments promptly and begin developing the assets, warning that failure to meet stipulated conditions within 90 days could result in the loss of the awards under the regulator’s “drill or drop” policy.
The licensing round is part of Nigeria’s efforts to attract investment into its oil and gas sector and expand exploration activity, particularly in frontier basins.
Zambia: President commissions 100-MW Chisamba Phase II Solar Plant, Says Power Cuts Have Ended
Earlier, Central Province Permanent Secretary Milner Mwanakampwe said the province was emerging as a major energy hub, with projects under development expected to raise installed generation capacity to 437 MW by December 2026.
ZESCO Managing Director Justin Loongo said the additional 100 MW from Chisamba Phase II, together with the existing 100 MW from Phase I, had created Zambia’s largest solar power complex with a combined capacity of 200 MW.
Loongo said the project reflected efforts to diversify Zambia’s electricity mix in response to climate change and thanked the Ministry of Energy, traditional leaders, PowerChina and development partners for supporting its implementation.
Head of the Presidential Delivery Unit Kusobile Kamwambi said the government’s energy diversification strategy was improving electricity security through policy reforms led by the Ministry of Energy.
In a vote of thanks, Chief Chamuka said government reforms had helped attract investment and create jobs in the area.
He urged residents to protect electricity infrastructure from vandalism and pledged to make more land available for the development of an additional 50-MW solar power plant.
APPO, GECF Sign Cooperation Pact To Strengthen Energy Partnership
Ghana: BOSTEnergies Rejects Claims It Has Strayed From Its Core Mandate
The Deputy Managing Director of BOSTEnergies Limited Company, Ghana’s state-owned strategic fuel stocks company, Salifu Nat Acheampong, has rejected claims by some players in the country’s downstream petroleum sector that the company has abandoned its core mandate by engaging in fuel trading.
Speaking on Friday, the final day of the two-day 7th Ghana International Petroleum Conference (GHiPCON) in Accra, Acheampong responded to concerns raised by industry participants about BOSTEnergies’ role in the downstream petroleum sector.
He said the company’s participation in fuel trading was not a departure from its core mandate but part of its stock management strategy.
According to Acheampong, BOSTEnergies periodically releases existing fuel stocks onto the market to create room for fresh supplies, a process that he said had led some industry players to mistakenly conclude that the company had shifted its focus.
“It appears some sort of alliance has been forged against a state-owned institution like BOSTEnergies,” Acheampong said.
He said BOSTEnergies was established to maintain Ghana’s strategic petroleum reserves and questioned why some industry players continued to criticise the company’s operations.
Acheampong argued that countries must retain control over strategic fuel reserves to safeguard national security.
Referring to Iran, he said the country would have been in a weaker position to sustain its operations if it had entrusted its petroleum reserves entirely to private sector operators.
“Just imagine if Iran had entrusted all its strategic petroleum reserves to private entities. Do you think Iran would have been able to defend itself?” he said.
Acheampong reiterated that BOSTEnergies had not deviated from its statutory mandate.
He said the company remained fully committed to maintaining Ghana’s strategic petroleum reserves while operating on sound commercial principles to ensure its financial sustainability.
He urged stakeholders to view BOSTEnergies’ commercial activities within the broader context of strengthening the country’s long-term energy security and institutional sustainability, rather than as a departure from its statutory responsibilities.
Ghana: COMAC Renew Calls For Gov’t To Scrap LPG Taxes To Boost Access At GHiPCON


South Africa: Eskom Dismisses Reports Of Radiation Leak At Koeberg Nuclear Plant
Kenya: KenGen Adds Fifth Investor To Peothermal-Powered Industrial Park
Nigeria: NUPRC Urges New Oil Licence Holders To Tnvest Quickly, Engage Host Communities
ECOWAS Signs Agreement Backing Nigeria-Morocco Atlantic Gas Pipeline
The Economic Community of West African States (ECOWAS) has signed an intergovernmental agreement backing the Nigeria-Morocco Atlantic Gas Pipeline (AAGP), Morocco’s National Office of Hydrocarbons and Mines (ONHYM) and the Nigerian National Petroleum Company (NNPC) Ltd said in a joint statement on Sunday.
The agreement was signed by the heads of state of participating ECOWAS member countries during the ECOWAS summit in Freetown, Sierra Leone.
The statement said the pipeline is designed to transport up to 30 billion cubic metres (bcm) of natural gas annually from Nigeria and other West African producers through 13 West African countries to Morocco.
It said 15 bcm of gas a year will be supplied to Moroccan and European markets through the existing pipeline linking Morocco and Spain.
“The AAGP is a transformative regional infrastructure initiative designed to unlock West Africa’s vast natural gas resources, connect them to major demand centres, integrate African energy markets and establish a strategic development corridor linking West Africa, the Sahel, Morocco and Europe,” the agencies said.
The agreement gives effect to the approval granted at the 66th Ordinary Session of the ECOWAS Authority of Heads of State and Government in Abuja in December 2024, the statement said.
It also concludes the institutional process coordinated by ECOWAS following the 2022 memorandum of understanding between Nigeria and Morocco and reaffirms the participating states’ commitment to the project.
The statement said the agreement marks the start of the next implementation phase, which will include establishing the project company, to be headquartered in Casablanca, and the Pipeline Higher Authority (PHA), the project’s governing body, to be based in Abuja.
“These institutional milestones will pave the way for investor mobilisation and the preparation of the Final Investment Decision (FID),” ONHYM and NNPC said.
The final step will be a signing ceremony in Morocco, where Morocco and Mauritania will jointly sign the agreement in the presence of Nigerian President Bola Ahmed Tinubu, the statement said.
The project was initiated under former Nigerian President Muhammadu Buhari and Morocco’s King Mohammed VI and continues to have the support of President Tinubu, it added.
According to the statement, front-end engineering design (FEED) studies have been completed, route reconnaissance surveys finalised, and environmental and social impact studies advanced. The agencies also said key legal, regulatory and commercial frameworks have been put in place.
The Nigeria-Morocco Atlantic Gas Pipeline will run from Nigeria to Morocco through 13 Atlantic coastal countries, with interconnections to supply landlocked Sahel states.


