NNPC's Ambition: Africa's Own Aramco?
With ex-Shell executive Bashir Bayo Ojulari appointed Group CEO, Nigeria's state oil company eyes a transparent, commercial transformation as oil accounts for 90% of Nigeria's exports.
April 2025 Edition
Namibia: Orange Basin
In a decisive shift that could redefine Africa's energy landscape, President Netumbo Nandi-Ndaitwah—the country's first female head of state—has placed the management of Namibia's booming oil and gas sector directly under the Office of the President. TotalEnergies' Venus field, Shell's Graff-1, and Galp Energia's 2.79 billion-boe Mopane complex have catapulted the country into the ranks of potential energy giants.
Read in MagazineNNPC Ltd.
With ex-Shell executive Bashir Bayo Ojulari appointed Group CEO, Nigeria's state oil company eyes a transparent, commercial transformation as oil accounts for 90% of Nigeria's exports.
Eni — North Africa
Italian energy giant Eni announces a sweeping €24 billion ($26.24B) investment plan targeting Algeria, Libya, and Egypt over four years, aligned with Italy's Mattei Plan for Africa.
GNPC — Jubilee Field
Ghana National Petroleum Corporation intensifies efforts at the Jubilee Field through strategic talks with Kosmos Energy's CEO Andy Inglis, focusing on advanced technology and field life extension.
Mozambique LNG
TotalEnergies' return to Cabo Delgado after a 2021 insurgency halt could trigger a final investment decision on ExxonMobil's proposed $30 billion Rovuma LNG—potentially Africa's largest ever.
Gold Markets
Gold soared to a record $3,167.57/oz before retreating 3%. Despite volatility, gold remains up 15.3% year-to-date as US-China trade war injects uncertainty into global commodity markets.
Baleine Field — Côte d'Ivoire
Africa's first net-zero emissions upstream project is set for a third FPSO as Eni pushes Baleine output beyond 60,000 bopd and 70 MMscf/d — less than two years after its 2021 discovery.
Aquaterra Energy
CEO George Morrison's company secures a multi-year subsea well intervention contract with Intrepid Energy, deploying a bespoke seabed-to-surface system across mature Nigerian oil wells.
Oil Prices — Africa Impact
Trump's tariff-driven crude price fall raises hopes for African consumers — but exchange rates, subsidy structures, and refining capacity gaps mean the benefit isn't automatic.
Angola Power
Angola charts a course to integrate three independent power grids into a national network and connect to neighbouring countries via the Southern African Power Pool by 2025.
Current Edition
Vol. 15 · Issue 04 · Your leading energy & mining industry resource
April 2025 · 24 pages
Vol. 15 · Issue 04
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Founded in 2011 and published by Jubert Communications Limited, Offshore Africa Magazine is the continent's most authoritative voice on oil, gas, energy, and mining — delivering expert opinions, analysis, and key insights to industry professionals across Africa and the world.
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