Day: August 1, 2025

Oando Achieves 63% Production Growth, Posts ₦1.72 Trillion Revenue in H1 2025

Mr Mohammed

LAGOS, Nigeria, August 1, 2025/ — Oando (www.OandoPLC.com), Africa’s leading indigenous energy solutions provider has published its unaudited results for the six months ended 30 June 2025. The company’s upstream business recorded strong production performance with a 63% year-on-year growth averaging 37,012 boepd in H1 2025. This includes crude oil production up 77% to 10,479 bopd, gas volumes up 54% to 25,399 boepd, and NGL production up 375% to 1,135 bpd. The company attributes this performance to the consolidation of the NAOC JV interest and improved uptime across key assets.…

Apus Energy Drives Offshore Revival in Guinea-Bissau Ahead of African Energy Week (AEW) 2025 Silver Partnership

Mr Mohammed

CAPE TOWN, South Africa, August 1, 2025/ — Apus Energy has joined African Energy Week (AEW): Invest in African Energies 2025 – taking place in Cape Town from September 29 to October 3 – as a Silver Partner, spotlighting its entrance into West Africa’s offshore frontier. With high-impact drilling now underway, the company is set to bring fresh momentum and investor attention to one of the region’s most underexplored hydrocarbon basins. In a key development for West African exploration, Apus Energy spudded the Atum-1X exploration well offshore Guinea-Bissau in September…

Nigeria: African Development Bank to join groundbreaking ceremony of Special Agro-Industrial Processing Zone in Oyo State

Mr Mohammed

ABUJA, Nigeria, August 1, 2025/ — The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank (www.AfDB.org) for the groundbreaking ceremony of the Oyo State Special Agro-Industrial Processing Zone (SAPZ). Headlining the ceremony, to be held 2 August 2025 in Ijaiye, Akinyele Local Government Area, will be Nigeria’s Vice President, Kashim Shettima, African Development Bank Group head, Dr. Akinwumi A. Adesina, and Oyo State Governor, Engr. Seyi Makinde, alongside senior government officials, development partners, and private sector leaders. The SAPZ Programme is…

Nigeria: African Development Bank to join groundbreaking ceremony of Special Agro-Industrial Processing Zone in Oyo State

Mr Mohammed

ABUJA, Nigeria, August 1, 2025/ — The Federal Government of Nigeria and the Oyo State Government will be joined by the African Development Bank (www.AfDB.org) for the groundbreaking ceremony of the Oyo State Special Agro-Industrial Processing Zone (SAPZ). Headlining the ceremony, to be held 2 August 2025 in Ijaiye, Akinyele Local Government Area, will be Nigeria’s Vice President, Kashim Shettima, African Development Bank Group head, Dr. Akinwumi A. Adesina, and Oyo State Governor, Engr. Seyi Makinde, alongside senior government officials, development partners, and private sector leaders. The SAPZ Programme is…