In The Spotlight
Africa has many green hydrogen projects planned, but few are moving to FID. (Image source: Adobe Stock)
Africa has dozens of green hydrogen projects planned, but many still lack financing, firm offtake deals and the infrastructure needed to reach FID, according to the Energy Industries Council’s latest Africa Hydrogen Report
Hydrogen realities are hitting Africa’s export push, with a lack of firm offtake agreements, insufficient pipeline infrastructure and a nascent local supply chain raising doubts over how quickly projects can move from plans to final investment decisions, the report says.
According to EICDataStream, a database of global energy projects in progress, there are 78 green hydrogen projects proposed across the continent, led by Egypt, Morocco and South Africa. Many African counties are beginning to position themselves as future suppliers of green hydrogen and its derivatives, such as ammonia, aiming to turn large solar and wind resources into exports for Asia and Europe. The governments within these countries are backing this with national strategies, energy agreements and major project announcements across these technologies even eyeing up the potential for green steel.
But the report shows the African hydrogen market still has a long way to go, with only two small-scale green hydrogen projects in operation, both in Namibia, running at a combined capacity of 17 megawatts.
The report puts Africa’s proposed electrolyser capacity at about 38 gigawatts, with around US$194bn of planned investment. Europe, by comparison, has more capacity planned but lower total capital costs ($166bn). This is because African project CAPEX includes major supporting infrastructure — including pipelines, power generation and desalination needed to secure water — which remains limited and needs significant buildout.
Project concentration is also an issue. Egypt, Morocco and South Africa account for about 80% of Africa’s proposed hydrogen capital spending. Egypt alone represents close to half of the continent’s total, with US$88.5bn of planned investment, backed by a national low-carbon hydrogen strategy.
The report shows that North Africa’s hydrogen ambition is focused on exporting to Europe, while sub-Saharan Africa’s projects are dedicated to ammonia production and shipping to Asian markets such as Japan and South Korea.
The report stresses that many of these projects are still stifled by a lack of offtake agreements. “Offtake agreements are a critical factor in transitioning projects from pre-FID to construction,” according to the report’s authors, Jack Boggis, EIC energy analyst, and Chris Shirley, EIC market intelligence manager (Supply Chain). “Without revenue certainty, even well-located projects face delays to say the least.”
A key report recommendation is to reduce the reliance on mega-projects.
Supply chain capacity is another constraint. Projects will rely heavily on imported equipment, given the lack of electrolyser manufacturers currently operating in Africa. However Egypt has set a 20% local content requirement tied to incentives and limiting the share of foreign labour on projects.
Rebecca Groundwater, EIC’s global head of external affairs, said Africa needs a clearer policy direction to move hydrogen projects into FID. “Governments need to stick to the basics investors need,” she said. “Set clear rules, keep policy stable, speed up permits, and get the basics in place on grid and water. Use finance tools that share risk and bring in development lenders where needed while costs are still high. And match project timing to what export buyers can take. Without that, a lot of this won’t go beyond concept.”
To view the full report, please visit: https://www.the-eic.com/MediaCentre/Publications/Reports
The Nigerian National Petroleum Company Limited (NNPCL) has issued bid calls for investors across the world with an aim to seek partners to share stakes with in some of its assets
These assets besides, the Nigerian operator already shares several assets in the region with international oil companies, including Shell, Chevron, Eni, and TotalEnergies.
Earlier, there had been talks of the NNPC planning to sell at least 25% of the equity it holds in select oil and gas fields. The company is thus realigning its portfolio optimisation strategy by considering divestments as well as stake reductions.
Last date for online registration for interested bidders is 10 January, which will be followed by pre-screening and qualified firms will gain access to a secure virtual data room.
The bidding process will consider prequalification on the basis of technical and financial capacity, followed by document evaluation, negotiations and regulatory approvals.
Nigeria is aiming to boost production capacity and attract investments while targeting incremental growth through production from marginal onshore fields vacated by international oil companies.
NNPC has been consistently maintining its strong growth momentum, with 2025 reporting a profit of over US$3.6bn. The company has put in place a US$60bn investment pipeline for advancing investments across upstream operations and gas infrastructure.
“We are positioning NNPC Limited as a globally competitive energy company capable of delivering sustainable returns while powering the future of Nigeria and Africa,” said Bashir Bayo Ojulari, Group chief executive officer.
Shell is considering an agreement with Chevron, whereby the former might acquire stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola
The Angolan administration's increasing focus on making regulatory reforms to advance a investors-friendly energy sector is bearing fruit as European oil majors are willing to spend billions in sub-Saharan Africa's second-largest crude oil producer after Nigeria. The country aims to maintain production levels above 1 million barrels per day.
“We have signed a farm-in agreement with Cabinda Gulf Oil Company Ltd - a subsidiary of Chevron - to obtain a 35% interest in Block 49 and 50 offshore Angola. The deal has received governmental approval and is pending final legal requirements," Shell said in a statement to Reuters.
This was also confirmed by Chevron as the partners await relevant regulatory approvals.
"New exploration, such as in Angola, is important to sustaining production into the 2030s," said Shell, which aims to boost gas production by 1% through 2030 while maintaining a steady oil output.
Angola is ready for investors as it is set to open a licensing round this year, supported by valuable geological insights from Viridien. The earth data company has recently announced a multi-client seismic reimaging programme over Angola’s highly prospective offshore Block 22.
The 4,300 sq km high-end data set will bring valuable insight into underexplored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho fields.
The move will enable TotalEnergies to refocus its portfolio on strategic priorities. (Image source: Adobe Stock)
TotalEnergies has signed a Sale and Purchase Agreement (SPA) with Vaaris for the sale of its 10% non-operated interest in the Renaissance JV licences in Nigeria
The Renaissance JV, formerly known as the SPDC JV, is an unincorporated joint venture between Nigerian National Petroleum Corporation Ltd (55%), Renaissance Africa Energy Company Ltd (30%, operator), TotalEnergies EP Nigeria (10%) and Agip Energy and Natural Resources Nigeria (5%), which holds 18 licences in the Niger Delta.
Under the agreement signed with Vaaris, TotalEnergies EP Nigeria will sell to Vaaris its 10% participating interest and all its rights and obligations in 15 licences of Renaissance JV, which are producing mainly oil. Production from these licenses represented approximately 16,000 barrels equivalent per day in company share in 2025. TotalEnergies EP Nigeria will also transfer to Vaaris its 10% participating interest in the three other licences of Renaissance JV which are producing mainly gas (OML 23, OML 28 and OML 77), while TotalEnergies will retain full economic interest in these licences which currently account for 50% of Nigeria LNG gas supply.
The move can be seen as a rebalancing of TotalEnergies’ portfolio in Nigeria, enabling the company to reduce its exposure to non-operated oil assets while freeing up capital for other priorities and allowing it to retain full economic interest in critical gas assets.
Closing is subject to regulatory approvals.
TotalEnergies has been present in Nigeria for more than 60 years and currently employs more than 1,800 people across different business segments. Nigeria makes a significant contribution to TotalEnergies’ hydrocarbon production with 209,000 boe/d produced in 2024. TotalEnergies also operates an extensive distribution network which includes about 540 service stations in the country. The company has a strong commitment to the socio-economic development of the country and is committed to working with local communities.
As Angola gears up for its upcoming licensing round, Viridien has announced a new multi-client seismic reimaging programme over Angola’s highly prospective offshore Block 22
The 4,300 sq km high-end data set will bring valuable insight into underexplored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho fields. Fast-track results are scheduled for delivery in Q1 2026 and final products in Q3/Q4 2026.
The Block 22 data set will be reimaged by using Viridien's latest proven proprietary technologies, including time-lag FWI, Q-FWI, Q-Kirchhoff and advanced deghosting and demultiple. This data will complement its 2,900 sq km of data over nearby block 20/11, giving operators access to a combined regional coverage of over 7,200 sq km of ultramodern broadband PSDM data to conduct regional pre-salt and post-salt play evaluation in the Kwanza Basin.
Dechun Lin, Head of Earth Data, Viridien, said, “Viridien is delighted to continue its strong relationship with Angola's national energy agency, ANPG (Agência Nacional de Petróleo, Gás e Biocombustíveis), and longstanding presence in Angola by committing to this new reimaging project which will support their important upcoming licensing round. We have the most modern 3D broadband seismic data available offshore Angola and will continue to generate value from it to provide critical support for industry decision-making and help to increase exploration success.”
Nigeria's HI gas field development will be supported by Halliburton by the way of an integrated drilling services contract for Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies
The HI gas field development, which is part of OML 144, will see Halliburton's services for advancing feed gas supply to the Nigeria LNG Train 7 facility.
"This contract reflects our dedication to deliver integrated solutions that improve performance and efficiency in offshore environments. The company will deploy technologies integrated with LOGIX automation and remote operations to help improve drilling precision, efficiency, and safety in offshore operations. Our collaboration with SNEPCo and Sunlink Energies advances the HI gas field and contributes to the future of the energy industry in Nigeria," said Shannon Slocum, president, Eastern Hemisphere at Halliburton.
Halliburton’s project management team will support the drilling execution and provide integrated services to deliver end-to-end solutions. The company's advanced technology solutions combined with its strong presence in Nigeria will advance the HI Project’s operational and production goals.
Middle East-based natural gas company, Dana Gas, has made a significant gas discovery following the drilling of the North El-Basant 1 exploratory well in Egypt’s onshore Nile Delta
As the company conducted initial analysis, the well indicated the presence of an estimated reserves of 15-25 bn cu/ft of gas. This encourages production expectations to exceed 8 mn cu/ft per day once the well is connected to the national network.
The promising results come from the fourth of the 11 development and exploration wells under Dana's US$100mn investment programme to support domestic gas production, increase reserves and meet growing energy demand. This programme has been deseigned to boost long-term production, accumulating approximately 80 bn cu/ft in recoverable gas reserves for vast coverage.
The company is now preparing to spud the fifth well in the programme, the Daffodil exploration well, in January 2026.
On the other hand, three wells were recompleted earlier this year, adding 9 mn standard cu/ft per day of production. Drilling and recompletion programmes are adding approximately 30 mn standard cu/ft per day of new production.
Richard Hall, CEO, Dana Gas, said, “The latest drilling success reinforces the value of our investment programme in Egypt and highlights the significant remaining potential within the Nile Delta. The North El Basant-6 result builds on the momentum of our earlier wells and supports our efforts to increase domestic gas supply and reserves. By increasing local gas production, the programme will help reduce Egypt’s reliance on imported LNG and fuel oil and is expected to generate more than one billion dollars in savings for the national economy over time.
“Our agreement with EGAS has enabled us to secure additional acreage under improved fiscal terms and to accelerate this new phase of drilling activity. We appreciate the strong cooperation from EGAS and the Ministry, and we remain committed to delivering the majority of our planned programme next year. Regular and timely payments from our partners are crucial to sustaining our investment programme in Egypt.”
China Zambia Petrochemical Corporation will push ahead with its US$1.1bn crude oil refinery project in Ndola as it has received the Investment License from the Zambia Development Agency
A Special Purpose Vehicle jointly established by the Industrial Development Corporation and Fujian Xiang Xin Corporation, China Zambia Petrochemical Corporation will advance the refinery project as a significant driver of employment generation and economic stability in the region, making a positive difference for the rapidly evolving Ndola Industrial Zone. During the construction phase alone, the refinery will create more than 2,200 jobs. Once operational, it will sustain more than 600 direct and over 2,000 indirect jobs, with comprehensive skills-transfer and certified training programmes designed to build a highly capable local workforce with expertise in advanced petrochemical operations. This will solidify Zambia's energy security and stabilise fuel supply as the country will not have to rely as hevily on the import of refined petroleum products.
Set to begin operations starting next year, the refinery is expected to process 3 mn tonnes of crude oil annually. This staggering quantity will not only surpass Zambia's national fuel demand but also easily cover regional export markets.
An integrated energy complex, the refinery will gear Zambia's downstream growth, ranging from LPG bottling and bitumen production to lubricants blending. Additional spill over investments are anticipated in storage infrastructure, rail upgrades, and feedstock supply for manufacturing plastics, fertilisers, synthetic materials, and asphalt. Small and medium enterprises (SMEs) are expected to benefit significantly through opportunities in logistics, maintenance, catering, and specialised support services.
"Today's handover of the Investment License marks a decisive shift from commitment to execution. This project is a cornerstone of our industrialisation strategy and a timely response to the country's need for affordable, reliable, and locally produced energy. Through CZPC, we are driving a transformative venture that will create jobs, enhance national self-sufficiency, and support long-term economic growth," said IDC CEO Mr Cornwell Muleya.
"FJXX is honoured to advance this project into its implementation phase in partnership with the Government of Zambia through IDC. With more than two decades of Industrial experience, we are committed to deploying advanced engineering technologies that will deliver a world-class refinery for the benefit of the Zambian people and the broader region," said Mr Huang Tieming, Chairperson of Fujian Xiang Xin Corporation (FJXX).
ADIPEC 2025 will take place in Abu Dhabi, UAE, from 3-6 November 2025, with an expanded conference and exhibition programme aimed at addressing the challenges facing the global energy sector
The event will focus on two critical imperatives: building resilience in the energy system and scaling transformative solutions to accelerate global progress.
The theme for ADIPEC 2025, "Energy. Intelligence. Impact.", underscores the need for secure energy to drive inclusive growth, the intelligence to navigate the complexities of today's energy landscape, and the impact that translates vision into tangible progress for markets, people, and the planet. Over the course of four days, the event will explore four key themes, from new energy technologies and geopolitics to digital transformation and building a resilient, future-ready energy system.
This year, the ADIPEC conferences have been streamlined into two comprehensive programmes: the Strategic Conference and the Technical Conference. The event will feature over 380 sessions, with more than 1,800 speakers, including ministers, CEOs, academics, industry experts, and youth leaders. The aim is to turn dialogue into action by showcasing solutions and catalysing collaborations that drive real, measurable impact across the energy sector. The platform will promote intelligent choices, focusing on leveraging all viable energy sources and technologies to build sustainable systems that can deliver energy to more people, at lower cost, and with reduced carbon emissions.
The ADIPEC 2025 Exhibition will span 17 halls and host more than 2,250 exhibitors from across the global energy ecosystem, including 54 National Oil Companies (NOCs), International Oil Companies (IOCs), National Energy Companies (NECs), and International Energy Companies (IECs). It will also feature 30 dedicated country pavilions and four specialised industry zones focused on decarbonisation, digitalisation, maritime and logistics, and artificial intelligence.
ADIPEC 2025 is expected to attract more than 205,000 attendees from around the world, creating unique opportunities for collaboration, innovation, and progress within the energy sector.
