News / International

Zimbabwean President Emmerson Mnangagwa to Deliver Keynote at AEW 2025

Zimbabwean President Emmerson Mnangagwa has been confirmed to speak at this year’s edition of the African Energy Week (AEW): Invest in African Energies conference. Taking place September 29 to October 3 in Cape Town, the event represents the premier dealmaking platform for the African energy sector. President Mnangagwa’s participation reflects the country’s ambition to unlock the full potential of its energy sector and comes as international and regional companies advance projects in natural gas and renewable energy.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy.  Both Egypt Oil & Gas Group (EOG) and the Egyptian Gas & Energy Association (EGEA) are proud media partners in the event. Visit www.aecweek.com for more information about this exciting event.

Nigeria’s President Tinubu to Bring Bold Energy Reforms to AEW 2025 Stage

African Energy Week (AEW) 2025: Invest in African Energies, is proud to announce that Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, will address delegates at Africa’s premier energy event in Cape Town. President Tinubu’s participation comes as Nigeria undergoes one of the most ambitious reform drives in its oil, gas and broader energy sectors – a drive that is reshaping the country’s investment climate and unlocking multi-billion-dollar opportunities across the value chain.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Both Egypt Oil & Gas Group(EOG) and the Egyptian Gas & Energy Association (EGEA) are proud media partners in the event. Visit www.aecweek.com for more information about this exciting event.

ADNOC-Led Consortium Gets More Time on $18.7bn Santos Bid

Australia's second-largest independent gas producer Santos has agreed to extend the exclusivity period for a $18.7 billion takeover bid from a consortium led by Abu Dhabi National Oil Company (ADNOC), according to Reuters. The due diligence deadline has also been pushed for a month to September 19, giving ADNOC’s investment arm XRG and its partners more time to finalize a binding proposal.

Nigeria LNG Secures Contracts to Deliver Natural Gas for 20 Years

Nigeria LNG Ltd (NLNG) has signed agreements with NNPC Ltd and several oil companies to deliver 1.29 billion standard cubic feet of gas per day (bcf/d) for 20 years in support of its liquefaction plants and expansion projects.

Indian Companies Imports Russian Oil for September, ignoring Trump’s Threats

Indian Oil Corporation (IOC), the sate-owned multinational oil and gas company, along with Bharat Petroleum  (BPCL.NS), have secured Russian crude cargoes for delivery in September and October, marking a return to purchases after the price discounts widened.

Chevron Returns to Iraq, Develops Exploration Blocks in Nasiriyah

Chevron, the American oil giant, has signed a Principle Agreement with the Iraqi Oil Ministry to develop the Nasiriyah Project, including four exploration blocks, the Balad oil field, as well as other producing fields and exploration blocks, according to a press statement by the office of the Iraqi Prime Minister, Mohammed Al Sudani

Eni Sells 49.9 % of its CCUS subsidiary to GIP

Eni signed an agreement with Global Infrastructure Partners (GIP), a leading global infrastructure investor and a part of BlackRock, for selling a share of 49.99% in Eni CCUS Holding, a leading global player in the CCUS sector (Carbon Capture, Utilization and Storage).

Aramco Inks a $11 billion Deal with Consortium Led by GIP

Aramco, a global leader in integrated energy and chemicals, has signed a  $11 billion lease and leaseback agreement for its Jafurah gas processing facilities with a consortium of international investors, led by Global Infrastructure Partners (GIP), which is part of the global investment management company, BlackRock.

Under the agreement, a newly established entity named Jafurah Midstream Gas Company (JMGC) will assume the development and operating rights for the Jafurah Field Gas Plant and the Riyas NGL Fractionation Facility, which it will then lease back to Aramco for 20 years. In return, Aramco will pay JMGC a tariff, securing exclusive access to process, treat, and receive raw gas from the Jafurah field.

ExxonMobil May Return to Sakhalin-1, Two Years After Putin’s Takeover

Russia’s President Vladimir Putin has signed a decree that could enable foreign investors, including US. ExxonMobil, to reclaim their stakes in the Sakhalin-1 oil and gas project.

Halliburton to Provide Well Simulation Services to ConocoPhillips for Improving Operation Efficiency

ConocoPhillips Skandinavia AS, a US.-based multinational energy corporation, has contracted Halliburton, one of the world's major energy solutions provider, to supply integrated well stimulation services designed to increase well efficiency and maximize reservoir production.

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