Shell

Namibia
Gas monetisation strategy to be drafted by Subsea7 subsidiary

Consulting firm Xodus, a subsidiary of Luxembourg-based multinational Subsea7, has been chosen by state-owned company Namcor to develop its gas strategy. Namibia has been held back in this area for years due to a lack of infrastructure and low domestic demand.

Tunisia
TuNur's grand projects fail to launch

The solar power plant, the mega renewable energy complex, the Tunisia-Italy submarine transmission line... None of the major green energy development projects undertaken by Nur Energie's subsidiary have yet come to fruition.

Nigeria
President Tinubu approves Nigerian National Petroleum Co blocks sale

The head of the national oil company hopes to offer some of his stakes in blocks for sale in the coming weeks. After obtaining presidential approval, he has enlisted a bank to structure the transaction.

South Africa
Gunvor loses pole position in bid to buy Shell service stations

The Anglo-Dutch giant no longer seems keen on selling its South African assets to the Swiss trader, despite the latter's continuining enthusiasm to move forward on the deal.

Nigeria
ENI receives several offers for its SPDC shares

The Italian company was the last major to put its shares in the SPDC joint venture on the market. It has now received several bids. The Renaissance consortium appears to be in a strong position to take over, but its interest is viewed with suspicion in Abuja.

South Africa
The Central Energy Fund publishes misleading annual report

The CEF, the parent company of the heavily indebted PetroSA, posted an unexpected net profit in 2024-2025. Yet this figure masks countless structural difficulties.

Cameroon
Tensions run high between Sinopec and national oil company SNH

The failure of Chinese executives to produce results from mature deposits is putting pressure on the leadership of the state-owned major Sinopec.

Nigeria
Abuja's campaign to promote its new oil block sale

On 11 November, from London, the head of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, announced the opening of the next tender for Nigerian oil blocks starting on 1 December.

The New Guard
Namibia, Nigeria, Madagascar

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

NamibiaFanuel Shinedima, young oil sales representative

NigeriaIkechukwu Anoke, health insurance pioneer

MadagascarWilliamson Razafindrano, TIM's new rising star

Namibia
President takes firm grip on oil and gas

Less than a year after coming to power, Netumbo Nandi-Ndaitwah has decided to take the monitoring of hydrocarbon projects under her wing, aided by a few trusted advisers.

Angola, Namibia
The ins and outs of Sonangol's project to expand Walvis Bay port

The logistics subsidiary of Angola's state-owned oil and gas company is seeking consultants to assist with the project to upgrade Namibia's main port. Significant work is required to meet the needs created by the growth of the oil industry.

South Africa
TotalEnergies' 2024 exit leaves gas block in the lurch

The French major's departure has put the brakes on the largest gas development project in South Africa. The new operator must now find other partners but the options are few and far between.

Sierra Leone
Freetown countdown to national oil company launch

The public company has already been registered under the name Sierra Leone National Petroleum Co. Headed up by Petroleum Directorate boss Foday Mansaray, it is set to take a 10% cut on each new exploration licence in the country.

South Africa
BP thwarts Gunvor's plans in Shell petrol station acquisition

BP wants to assert its right of pre-emption over Shell's shares in their joint storage terminal in the port of Durban. This means the future buyer of Shell's assets will have to incur additional expenses for leasing the space, which is essential for importing products.