Golden Swan’s advanced infrastructure is designed for the management of hazardous and industrial waste generated by upstream and downstream operations. (Image source; Adobe Stock)

The recent visit of Gabonese President Brice Oligui Nguema to Equatorial Guinea’s Golden Swan industrial complex marked a defining moment for Africa’s oil and gas sector

Golden Swan stands as an example of environmental protection and energy development going hand in hand.

Designed for the management of hazardous and industrial waste generated by upstream and downstream operations, Golden Swan’s advanced infrastructure includes industrial incinerators, a wastewater treatment plant, a medical waste processing unit and recycling systems for waste oil, plastics, batteries and metals. The company’s household waste system reduces landfill use by up to 90% through sorting and recycling, and its production of critical industrial gases like medical oxygen and nitrogen.

The visit also sets the stage for tangible collaboration between Gabon and Equatorial Guinea, beyond high-level dialogue. Opportunities now exist for technical cooperation, joint ventures and knowledge sharing that could see similar waste management infrastructure developed across the region. 

The Coral South Project has contributed to 50% of Mozambique’s GDP growth in 2023. (Image source: Adobe Stock)

The progress of Mozambique's Coral South Project drove exchanges as Daniel Francisco Chapo, the President of the Republic of Mozambique, and Claudio Descalzi, Eni's chief executive officer, met in Maputo to discuss the company's ongoing and future activities in the country

The Coral South Project has contributed to 50% of Mozambique’s GDP growth in 2023 and is projected to represent 70% of GDP growth in 2024 according to the International Monetary Fund, and the recently approved Plan of Development by the Government of Mozambique, for the implementation of the Coral North FLNG project, that will enable the expansion of LNG production from the Coral reservoir in Area 4 of the Rovuma Basin.

The meeting also highlighted Eni’s strategy to diversify its activities in Mozambique, as part of its broader commitment to the country’s energy transition. 

Eni has been present in Mozambique since 2006. Between 2011 and 2014, the company discovered vast natural gas resources in the Rovuma Basin, in the Coral, Mamba Complex and Agulha reservoirs, with around 2,400 billion cubic meters of gas in place. 

The AAGP initiative aims to tap into Europe's huge energy demand. (Image source: Adobe Stock)

The Nigerian government has reached out to Vitol, seeking the multinational energy company's financial and technical expertise to advance the US$25bn Atlantic Africa Gas Pipeline (AAGP) project

"I sincerely invite you to join us in making this project a success," said Kashim Shettima, Nigeria’s Vice President. "We need your expertise more than your money," he added, hoping to leverage the company's vast logistical expertise and international network to make the AAGP project a success. 

The AAGP initiative aims to tap into Europe's huge energy demand as part of Africa's gas monetisation drives such as the Nigeria LNG, among others.

"Nigeria has been a close and crucial partner for Vitol," said Jeffrey Dellapina, Vitol’s chief financial officer, emphasising that the company desires to "continue growing alongside it."

The AAGP project is already on the top of the energy agendas of the African Union and European Union, and Vitol getting onboard can draw further investors on a global scale. 

BW Energy has generously responded to the offering. (Image source; Adobe Stock)

Ahead of the Kavango West 1X well excavation offshore Namibia, Reconnaissance Energy Africa Ltd has issued a public offering of its units following an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner

BW Energy Limited, and directors and management members of ReconAfrica, among other investors, have generously responded to the offering. While BW Energy has already been on a strategic partnership with ReconAF, its fresh batch of investments in the company represents approximately 20% of the offering, increasing its share ownership position in ReconAfrica to around 7.6%. 

The net proceeds from the offering will drive exploration activities -- mainly the Kavango West 1X well -- working capital and general corporate purposes. Work on the access road and drill site is currently being completed while the company awaits receipt of the remaining requisite permits. The rig move to the Kavango West 1X well drilling location is scheduled later this month, with drilling to begin thereafter.

Brian Reinsborough, president and CEO of ReconAfrica said, "We are excited to spud one of the Company's largest and most attractive prospects, Kavango West 1X. The results of the Naingopo exploration well announced in January 2025 increased our confidence in the potential for this well. Our teams remain very engaged with local communities and authorities to ensure a safe and efficient operation of this well."

Carl K Arnet, BW Energy CEO, said, "Our technical and operational teams at BW Energy are delighted to be participating in the high potential Kavango West 1X exploration well. BW Energy is well positioned in this strategically important energy region and further our position as a leader in Namibia's development towards energy independence. The data and insights gained through ReconAfrica's exploration campaign will further our understanding of the geology and petroleum system in Namibia and help de-risk planned exploration and development of our Kudu licence."