Vol. 15  |  Issue 04  |  April 2025 · GH¢50 / $20 / ₦5,000
Cover Story — April 2025

Namibia: New Leader's
Bold Reforms

President Netumbo Nandi-Ndaitwah—Africa's first female head of state to control an oil boom—places energy management directly under the Office of the President.

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Empowering Africa's Energy Frontier

Deep Waters,
Deeper Stories

Your gateway to Africa's offshore energy markets — expert opinions, in-depth analysis, and key insights delivered every month.

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Special Report — NNPC

NNPC's Ambition:
Africa's Own Aramco?

With a new CEO from Shell's ranks, can Nigeria's state oil company finally transform into a transparent, commercially-driven powerhouse?

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Energy Transition — Eni

Eni Bets Big
on North Africa

The Italian energy giant unveils a sweeping €24 billion investment plan across Algeria, Libya, and Egypt over the next four years.

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LATEST
Mozambique LNG revival could unlock ExxonMobil's $30B Rovuma project  ·  Galp raises Namibia resources to 2.79 billion boe  ·  Tullow Oil returns to profitability with $55M profit  ·  Angola targets 9.9 GW energy capacity  ·  GNPC intensifies Jubilee Field talks with Kosmos Energy  ·  Gold hits record $3,167/oz amid Trump tariff volatility  ·  Ghana Downstream Dialogue 2025 charts sector reform  ·  Africa Energy Mining Summit — July 23-24, Accra  ·  Mozambique LNG revival could unlock ExxonMobil's $30B Rovuma project  ·  Galp raises Namibia resources to 2.79 billion boe  ·  Tullow Oil returns to profitability with $55M profit  ·  Angola targets 9.9 GW energy capacity  ·  GNPC intensifies Jubilee Field talks with Kosmos Energy  ·  Gold hits record $3,167/oz amid Trump tariff volatility  ·  Ghana Downstream Dialogue 2025 charts sector reform  ·  Africa Energy Mining Summit — July 23-24, Accra  · 

Latest Stories

View Full Issue
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NNPC Ltd.

Special Report

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.

🇩🇿🇱🇾🇪🇬

Eni — North Africa

Energy Transition

Eni Bets Big on 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.

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GNPC — Jubilee Field

Spotlight

GNPC Ramps Up Ghana's Investment Drive

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.

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Mozambique LNG

Natural Gas

Mozambique LNG: Revival Could Unlock $30B Rovuma Project

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.

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Gold Markets

Mining

Gold Markets Rattle Under Trump's Tariffs

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.

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Baleine Field — Côte d'Ivoire

Upstream

Eni's Baleine FPSO Phase 3: West Africa's Zero-Emission Flagship

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.

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Aquaterra Energy

Company News

Aquaterra Energy Wins Multi-Million Dollar Nigeria Contract

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.

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Oil Prices — Africa Impact

Downstream

Oil Prices Drop — Relief for Africa at the Pump?

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.

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Angola Power

Power

Angola's Bold Energy Strategy: 9.9 GW and 60% Electrification

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.

Offshore Africa — April 2025

Vol. 15 · Issue 04 · Your leading energy & mining industry resource

OFFSHORE AFRICA
VOL. 15 · ISSUE 04 · APRIL 2025
🇳🇦
Namibia:
New Leader's
Bold Reforms
Gold Markets Rattle Under Trump's Tariffs
Oil Prices Drop — Relief for Africa?
Eni Bets Big on North Africa
NNPC's Ambition: Africa's Own Aramco?
GH¢50 / $20 / ₦5,000
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Inside This Issue

April 2025  ·  24 pages

  • 05EditorialNigeria – My Life Reporting for CNN by Gilbert Da Costa
  • 06UpstreamEni's Baleine Phase 3 FPSO — Côte d'Ivoire
  • 07UpstreamGalp Raises Namibia Resources to 2.79 Billion boe
  • 08Company NewsAquaterra Energy: Multi-Million Dollar Nigeria Contract
  • 09Company NewsTullow Oil Returns to Profitability
  • 10Cover StoryNamibia: New Leader's Bold Reforms
  • 11Natural GasMozambique LNG Revival & the $30B Rovuma Decision
  • 12Energy TransitionEni Bets €24B on Algeria, Libya & Egypt
  • 14DownstreamGhana Downstream Dialogue 2025
  • 15DownstreamOil Prices Drop — Relief for Africa at the Pump?
  • 16SpotlightTrump's Tariffs Rattle Africa's Energy Exporters
  • 17SpotlightGNPC Ramps Up Ghana's Investment Drive
  • 18PowerAngola: 9.9 GW Target & National Grid Integration
  • 19Special ReportNNPC's Ambition: Africa's Own Aramco?
  • 20MiningArcelorMittal's Critical Transitions in Africa
  • 21MiningGold Markets Rattle Under Trump's Tariffs
  • 22Company FocusSolewant Group: Nigeria's Indigenous Engineering Revolution

Offshore Africa Magazine — April 2025

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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