Japex is shifting its focus to oil and gas exploration through 2030, moving away from aggressive renewable investments due to lower returns and rising costs. The company plans to increase its E&P investments, particularly in the U.S. and Norway, while maintaining a disciplined approach to financial stability and risk management.
Over 70 exploration blocks have been selected to boost the country’s oil and gas sector, attracting global investment and creating new opportunities for economic growth. The government aims to balance resource extraction with environmental protection, ensuring long-term benefits and energy security.
EAPCE’25 provides a platform for governments and investors to engage in critical discussions about the region’s energy future
Ghana will host Africa Oil Week (AOW) 2025 from September 15-18, bringing together industry leaders to drive investment and shape the future of Africa’s upstream oil and gas sector. The event will feature high-level discussions, policy announcements, and exploration opportunities, positioning Ghana as a competitive destination for global energy investment.
Masdar, TotalEnergies, and EPointZero have signed an agreement to expand clean energy access in Africa and Asia, focusing on renewable projects like solar, wind, and energy storage. This collaboration aims to accelerate decarbonization, provide reliable electricity to local communities, and support long-term energy transformation in emerging markets.
Tanzania is negotiating tax incentives with investors to advance a stalled $42 billion LNG project, with talks expected to conclude by June. Additionally, the country is progressing on a pipeline project to transport Ugandan crude oil, with 47% of its construction completed and expected to be finished in 36 months.