Latest News for: Africa offshore

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Rhino Resources, Halliburton complete two exploration wells in Block 2914 in Namibia

Offshore Technology 16 May 2025
Rhino Resources and Halliburton have delivered the first two exploration wells in Block 2914 within Petroleum Exploration License 85 offshore Namibia ... Halliburton sub-Saharan Africa vice-president Antoine Berel said.
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Moment Keir Starmer was humiliated live on TV over his plans to send asylum seekers ...

The Daily Mail 16 May 2025
Leaving Sir Keir squirming, Mr Rama said ... He added ... While it involves asylum seekers being ‘offshored’, that is where the similarities end. The Rwanda plan would have involved sending migrants to east Africa to have their asylum claims processed ... .
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Offshore investing strategies for South Africans: diversify your portfolio

Independent online (SA) 15 May 2025
For many South Africans, offshore investing is a ... A primary reason to consider offshore investing is diversification, keeping in mind that South Africa currently accounts for less than 1% of global GDP.
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Nor-Shipping 2025 Thought Leader interview - Captain Ammar Al Shaiba, CEO

The Maritime Executive 15 May 2025
... Africa, the Mediterranean and the Black Sea,” Al Shaiba explains ... “Outside shipping we are expanding offshore and subsea capabilities, and our marine services presence internationally.
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Prop Firm City Traders Imperium Opens Offshore Comoros Entity to Launch In-House MT5

Finance Magnates 14 May 2025
Like its counterparts, CTI recently established a new headquarters in an offshore location in the Comoros Islands, a volcanic archipelago in Africa's Mozambique Channel ... "Our traders aren't numbers ... Another offshore location has also gained popularity.
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Godongwana rejects wealth tax as 'Dangerous Gamble'—warns of capital flight and economic fallout

Independent online (SA) 13 May 2025
South Africa will not be introducing a wealth tax, the idea, he insists, is not just economically unwise — it’s potentially dangerous ... The core pillars of South Africa's economic prosperity might be undermined by such actions, he continued.
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Kosmos Energy pledges US$2bn investment in petroleum sector

B & FT Online 12 May 2025
The Minister of Minister of Energy and Green Transition, Mr ... The Minister announced this at the 2025 Africa Energy Forum (AEF) during this year’s Offshore Technology Conference (OTC) in Houston, United States ... We want investors to know ... Mr ... Mr ... ....
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Africa in Focus at 2025 Offshore Technology Conference and Implications for the Africa Energy Bank

This Day 09 May 2025
This year’s conference is particularly significant for Africa, where advanced offshore technologies could help unlock energy solutions for the continent. Against this ...
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Eco Atlantic nears operatorship of Block 1 in South Africa’s Orange Basin

Offshore Technology 07 May 2025
Eco Atlantic Oil & Gas is on course to assume operatorship of Block 1 in the Orange Basin offshore South Africa following a farm-in agreement with Tosaco Energy.
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Eco (Atlantic) Oil and Gas Ltd. Announces Update on Block 1, Orange Basin, South Africa

ACCESSWIRE 06 May 2025
(AIM.ECO)(TSX‐V.EOG), an Atlantic Margin-focused oil and gas exploration company, is pleased to update stakeholders on activities in its entry into Block 1 offshore South Africa, located in the proven and highly prospective Orange Basin.
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Valaris bags $135m drillship deal in Africa

Splash24/7 06 May 2025
New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships ... In addition, this contract adds to our presence offshore West Africa, ...
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Afreximbank to Fund African Energy Bank with $19bn in Bid to Raise Oil Industry Capacity

This Day 06 May 2025
Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri disclosed this  while declaring open the Nigerian pavilion at the ongoing Offshore technology Conference (OTC) 2025 in Houston, Texas, USA ... “Come and invest in Africa.
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Africa to drive 20% of global LNG growth by 2030, Rystad says

Invezz 29 Apr 2025
Africa is poised to take a central role in the global gas industry’s future, according to recent projections from Rystad Energy ... Approximately 65% of West Africa’s gas reserves are located offshore, with the remaining 35% situated onshore.
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