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Gas

The Nigerian National Petroleum Corporation signed a heads of terms agreement with UTM Offshore Limited in Abuja on a major floating liquefied natural gas (FLNG) construction initiative 

After a staff-level agreement was reached in May, the IMFs executive board has now concluded the fourth review of Cameroons current extended credit facility (ECF) and extended fund facility (EFF) arrangements 

As the first phase of the Grand Tortue Ahmeyim (GTA) gas project reaches 90% completion, and first gas targeted for the end of fourth-quarter of 2023, Mauritania and Senegal are already looking ahead to the next stage, which is expected to commence between 2024 and 2025 

Algeria’s National Oil Company (NOC), Sonatrach, is making moves across the African continent, not only promoting investments in Algerian oil and gas but expanding its own portfolio of assets in emerging markets in Africa