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In a clear move for startegic expansion, ExxonMobil has confirmed the initiation of planned investments of US$1.5bn for deepwater exploration and development in Nigeria 

The announcement was made by Shane Harris, ExxonMobil’s managing director in Nigeria, during a courtesy visit to the chief executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe.

Expected to be implemented between Q2 2025-2027, the initiative will include production revitalisation from the Usan field, several funding approvals, and a field development plan approval during the late Q3 2025. Other activities include accelerated development of the Owowo and Erha fields, among others. 

Emphasising the importance of collaboration between investors and regulators in meeting Nigeria's production optimisation goals, Komolafe said, “The Commission is committed to the implementation of Section 109 of the PIA which addresses the subject of willing buyer, willing seller and we urge producers to comply with the Domestic Crude Supply Obligation.” 

Norwegian seismic firm TGS has completed reprocessing work on data that it hopes will spur renewed interest in Angola’s forgotten deepwater Block 16

The company has announced that it had finished work on the Block 16 GeoStreamer MC3D seismic dataset in the Lower Congo Basin, in partnership with Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG).

Exploration in the deepwater Lower Congo Basin has experienced a resurgence in recent years, TGS reported, with numerous significant discoveries being made and rapidly brought on stream.

"This 3,684-sq-km rejuvenation project utilises modern depth processing workflows to deliver enhanced imaging beyond the original data, enabling detailed evaluation of deeper target plays in both post-salt and pre-salt sections,” it said in a statement.

Angola’s Block 16 has remained largely under explored since the early 2010s, however, with the most recent exploration well drilled in 2013. Until recently, publicly-known oil and gas discoveries within Block 16, in the latest dataset, were limited to the Bengo (1994) and Longa (1995) Upper Miocene finds in the northern section.

However, TGS said that a recent re-evaluation of wells in the Lower Congo Basin has identified oil recovery from Upper Miocene reservoirs in the southern part of the survey area. The survey also provides partial coverage of the field, a marginal field development opportunity currently being marketed by ANPG.

Discovered in 2003, Tchihumba contains hydrocarbon-bearing zones within Upper Miocene, Lower Miocene and Oligocene sands, with recoverable volumes estimated at approximately 136mn barrels.

Additionally, the Lumpembe-1 oil discovery on Block 15/06, drilled in 2023 and currently undergoing development studies, falls within the survey’s coverage.

“TGS is very pleased to continue our support of exploration in this region with our high-quality seismic data,” said David Hajovsky, executive vice president multi-client, TGS. “These accumulations, along with the proximity of significant neighbouring discoveries, present strong opportunities for future exploration success.”

Other West African projects TGS has completed recently include an enhancement of its Fusion 3D seismic dataset offshore Sierra Leone, focusing on the Vega prospect.

Recent discoveries in South America have intensified interest in this region, TGS stated late last year, positioning Sierra Leone as a promising new exploration frontier.

“With growing interest from international oil companies and independents, the Fusion 3D data comes at a crucial time.”

TGS also signed an agreement last year to enhance datasets in Mauritania with the Ministère du Pétrole, des Mines et de l’Énergie, strengthening its position as the sole provider of multi-client subsurface data in the country.

Read more offshore Angola news here:

Red Sky Energy signs risk service contract on Angola Block 6-24

Cabgoc's Sanha project achieves first gas offshore Angola

Sequa Petroleum to acquire interests in multiple blocks in Angola

Africa’s offshore oil and gas sector is rapidly evolving, with operators venturing into deeper waters to tap into new reserves

While these developments present exciting opportunities, they also introduce significant technical challenges – especially with testing and commissioning of the subsea equipment. With subsea umbilicals now incorporating more fiber optic cables for high-speed data transmission and control, the ability to quickly and accurately test these fibres is more crucial than ever. To support the testing of the fibre optics in these complex projects, C-Kore Systems Ltd. is revolutionising subsea testing with its Subsea Optical Time Domain Reflectometer (OTDR) – a compact, automated testing tool that simplifies operations ensuring reliable testing of the optical fibers in deepwater environments, reducing overall costs.

As offshore fields extend into deeper waters, subsea infrastructure becomes increasingly sophisticated. Umbilicals containing fiber optics play a vital role in transmitting data and maintaining communications between subsea assets and topside facilities. However, testing these critical components is far more challenging at greater depths, where conventional methods are often impractical or too costly.

Traditional cable testing relies on labour-intensive processes that require specialised technicians and extended vessel time. Manual fault-finding in deepwater conditions can cause delays, increasing operational expenses and disrupting project timelines. To ensure reliability from the outset, operators need automated, efficient solutions that streamline the testing process while reducing costs.

C-Kore’s Subsea OTDR is transforming fiber optic cable testing by bringing topside Optical Time Domain Reflectometry (OTDR) technology to subsea applications. Operators can now verify cable integrity directly on the seabed without complex setups or specialized personnel. Unlike traditional methods that require trained technicians and lengthy troubleshooting, this automated solution delivers instant, accurate results, reducing vessel time and cutting costs. By simplifying operations while ensuring reliable performance from day one, subsea OTDR is making deepwater commissioning faster, more efficient, and cost-effective.

African offshore operators are already seeing the advantages of integrating C-Kore’s Subsea OTDR. As the industry expands into deeper waters, the ability to verify fiber optic integrity quickly and accurately is becoming a key factor in maintaining efficient operations.

With Africa’s offshore industry moving into deeper waters, subsea testing is becoming more critical than ever. Traditional methods are struggling to keep pace with the increasing complexity of modern greenfield projects, making automation a necessity. More operators are turning to C-Kore’s Subsea OTDR to streamline commissioning, cut costs, and reduce vessel time, ensuring projects stay on schedule. As offshore developments continue to evolve, C-Kore Systems Ltd. is driving change—providing smart, reliable testing solutions that make subsea operations more efficient, cost-effective, and ready for the future.

For more information on C-Kore's innovative subsea testing technology, visit www.c-kore.com.

Offshore Projects Group by Oceaneering International will be delivering subsea inspection, maintenance, and repair (IMR) services and remotely operated vehicle (ROV) services in the Greater Tortue Ahmeyim field for bp Mauritania Investments Limited

A multi-year contract, it will see the deployment of a multi-purpose vessel outfitted with two work class ROVs. The scope of work will also include project management, engineering, and integration services provided by Oceaneering’s local and international personnel. Engineering and pre-mobilization activities have commenced, with field operations expected to commence in the second quarter of 2025. The initial contract duration is three years, with two one-year options to extend.

Ben Laura, Oceaneering’s chief operating officer, said, “Oceaneering has a track record of safely providing inspection, maintenance, and repair solutions globally. We believe that our expertise in delivering high-quality subsea solutions in harsh environments, utilising our advanced products and services, was a key element to winning this contract. We look forward to supporting bp’s operations in this field.” 

The GTA phase 1 has successfully commenced as it marked its first gas flow earlier this year, and recently generated the first cargo of liquefied natural gas (LNG) for export markets. 

African Export-Import Bank has released a US$3bn revolving credit line to simplify the sourcing of petrol, diesel, jet fuel and other products from African refineries

Besides providing a safeguard against current geoplitical tensions and tariff uncertainties, the move will expectedly bring some relief for the African and Caribbean buyers as it takes the pressure off of nearly a US$30bn fuel import bill that the region has to bear annually. 

The bank believes that the aid might give the facility the much needed push to generate around US$10-14bn of trade finance over the initial three years. 

This comes as part of the Revolving Intra-African Oil Import Financing Programme.

Key refining hub

In a bid to boost regional processing capacity, Afreximbank has also been the largest financier of Nigeria’s 650,000-barrel-per-day Dangote refinery. It has contributed to the revamping of Nigeria's Port Harcourt oil complex as well. Also arranging funding for plants in Angola and Ivory Coast, Afreximbank's support could add around 1.3  mn  bpd of refining capacity.

"The programme will galvanise efforts towards making the Gulf of Guinea a key refining hub," Afreximbank President Benedict Oramah said in a statement on Monday.

According to Reuters, Afreximbank will also be a controlling shareholder of Atmin, a new trading house set up by former Shell oil traders to focus on African oil trading. 

Recently, Iran has expressed keenness in exporting petrochemicals to AfricaIran has expressed keenness in exporting petrochemicals to Africa with an aim to strengthen strategic partnership between the two countries given the current shifts in global power dynamics.

The East Africa Energy Cooperation Summit (EA-ECS), taking place 29-30 January in Arusha, Tanzania, will be uniting the region's energy independent poiwer producers (IPPs) and engineering, procurement, construction and financing contract (EPCF) stakeholders to discuss the region's investment potential and innovations taking place in the industry

The event will delve into the success stories, including the Ethiopia-Kenya electricity highway, highlighting the role of cross-border collaboration for economic and social development.

Led by Ministers from across the EAC and large-scale energy users, over two days, the Arusha Summit will deep dive into opportunities for the private sector, advocating for a diversified energy mix to maintain grid stability to support major industrial growth, as well as C&I generation.

“Energy is a pillar for development and growth and is crucial for the functioning of the economies of the EAC Partner States. The East Africa Energy Cooperation Summit will serve as the ideal platform for advancing projects and bringing tangible changes in the industry,” said Andrea Malueth, deputy secretary general (Infrastructure, Productive, Social & Political Sectors), East African Community Secretariat.

“Ten years from now, the EAC’s middle classes will have more job stability, more opportunities, and more disposable income than ever before. New railways, industries, ports, and tourism will position the region as the number one investment destination globally, taking the title back from both parts of Asia and Latin America,” said Elisa Palmioli, producer, EnergyNet, which is organising the event.