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#AfricanEnergyUpdate | Saipem Awarded ~€800 Million Contracts by Eni for Baleine Phase 3 and Venice Biorefinery
Saipem has secured two new contracts from Eni worth approximately €800 million.
Offshore Côte d’Ivoire – Baleine Phase 3
Awarded by @eni Côte d’Ivoire and partners, the scope covers engineering, fabrication, transportation and installation of ~50 km of rigid pipelines, subsea structures, flexible risers, jumpers, production systems, a 3-km flexible gas export flowline and 22 km of umbilicals at water depths up to 1,300 m. The three-year project will utilise the vessels FDS and Shen Da.
Onshore Italy – Venice Biorefinery
Awarded by Enilive, the contract covers engineering, procurement and construction of a new deoxygenation unit designed to process 70 tonnes per hour of biogenic feedstocks, boosting HVO biofuel capacity. It builds on the earlier biojet EPC award at the same site.
The dual awards reinforce Saipem’s positioning across traditional offshore development and energy-transition infrastructure.

#AfricanEnergyUpdate | Côte d’Ivoire Gasoline Imports Hit Record High in June
Côte d’Ivoire imported 54,000 barrels per day of gasoline in June — the highest level in Kpler records since 2017.
The surge was triggered by maintenance at the state-owned SIR’s 75,000 bpd Abidjan refinery, which forced the refiner to seek an additional 40,000 tonnes of imported fuel.

#AfricanEnergyUpdate | @nnpclimited & @DangoteGroup Still Importing Gasoline Despite Refining Expansion
Even as domestic refining capacity grows, Nigeria imported significant volumes of gasoline in June:
- NNPC: ~50,000 barrels per day
- Dangote Refinery: ~12,000 barrels per day
The purchases highlight persistent supply gaps and the country’s continued dependence on overseas fuel to meet demand.

#AfricanEnergyUpdate | Nigeria’s Gasoline Imports More Than Double in June
Nigeria imported 131,000 barrels per day of gasoline in June — more than double the 57,000 bpd recorded in May. Independent marketers rushed purchases ahead of the expiry of permits covering roughly 700,000 tonnes of Q2 imports.
The sharp surge highlights how regulatory deadlines continue to drive import spikes, even as domestic refining capacity expands.

#AfricanEnergyUpdate | West Africa Fuel Imports Surge as Refinery Ambitions Accelerate
Gasoline imports into West Africa rose sharply in June as marketers exhausted Q2 permits, with Saudi Arabia ramping up deliveries. Nigeria issued fresh clean product permits for July–September to ease shortages (totaling over 800,000 tonnes of gasoline).

#AfricanEnergyUpdate | Saipem Wins ~US$260 Million Offshore Drilling Contract from Eni Côte d’Ivoire
Saipem has been awarded a new offshore drilling contract valued at approximately US$260 million by @eni Côte d’Ivoire Limited.
The high-specification drillship Santorini will undertake a long-term development drilling campaign offshore Côte d’Ivoire, with operations scheduled to begin in early 2027. The firm programme includes the potential for deployment in neighbouring countries and additional optional periods, extending the unit’s utilisation visibility.
The award reinforces Saipem’s competitive position in offshore drilling and its capacity to support clients’ exploration, appraisal and development activities across the region.

#AfricanEnergyUpdate | MSC Launches Afungi Shuttle to Support Northern Mozambique LNG Development
MSC has introduced the Afungi Shuttle, a dedicated maritime feeder service connecting Afungi in northern Mozambique with Nacala and Maputo.
The new rotation is designed to transport construction materials, machinery, industrial equipment, spare parts and other project cargo required for the ongoing LNG developments in the Afungi peninsula.
Customers benefit from:
• Seamless connections to MSC’s global network (Europe, Mediterranean, Americas, Asia, Middle East and Southern Africa)
• A single MSC booking and commercial point of contact
• Dedicated Nacala–Afungi–Nacala and Maputo–Afungi–Maputo feeder rotations
The service simplifies logistics planning and strengthens supply-chain reliability for one of Africa’s most significant energy projects.

#AfricanEnergyUpdate | @AfDB_Group Approves $110M for Ethiopia’s First 300 MW Independent Wind Power Project
The African Development Bank Group has approved up to $110 million to support the 300 MW Aysha Wind Project — Ethiopia’s first wind-based Independent Power Producer (IPP) and its largest wind plant once completed.
Developed by AMEA Power, the $508 million project includes a 5 km transmission line and substation upgrades. It will generate approximately 1,189 GWh of clean electricity annually under a 25-year PPA with Ethiopian Electric Power, diversifying the country’s 96% hydropower-dependent mix and boosting resilience to climate variability.
The financing combines ADB window, Clean Technology Fund, and Sustainable Energy Fund for Africa resources, with additional debt mobilization. Expected outcomes include averting 1.39 million tons of CO₂ over 25 years and creating up to 1,525 construction jobs, 30 permanent operations roles, and ~35,645 indirect jobs.
Wale Shonibare, AfDB Director for Energy Financial Solutions, called it a “watershed moment” and a replicable template for private sector renewable investment in Ethiopia and beyond.
The project advances universal electricity access by 2030, Ethiopia’s NDC, net-zero goals, and the Mission 300 initiative.

#AfricanEnergyUpdate | @sonatrach_dz & @Siemens_Energy Sign Major MoU to Power Algeria’s Energy Future
At Siemens Energy’s Berlin factory, SONATRACH and Siemens Energy signed a strategic Memorandum of Understanding covering equipment maintenance & repair, digitalization & predictive maintenance, technical training, hydrogen infrastructure, compression technologies, and sustainable industrial value chains.
The partnership combines SONATRACH’s dominant position in Algeria’s energy sector with Siemens Energy’s global expertise in decarbonization and advanced technologies — targeting enhanced energy security, innovation, local capability building, and long-term energy transition goals.

#AfricanEnergyUpdate | @GabrielObiang at 5th CEO Roundtable, Luanda: Local Content Must Become Bankable
Drawing on over 20 years in the sector — including his tenure as Minister of Mines and Hydrocarbons of Equatorial Guinea — the Bioko Consulting founder delivered a sharp diagnosis at the high-level event:
Legacy economic structures, persistent capacity gaps, and limited energy-sector understanding by local banks continue to make local content financing extremely difficult in Angola.
He presented a clear 5-Pillar Response:
1. Regional Cooperation
2. Banking Sector Energy Literacy
3. Strategic PPPs
4. Beyond-the-Project Investment
5. Mindset Shift — from dependency to agency
Full insights and framework shared in his powerful address.

#AfricanEnergyUpdate | Africa Strengthens Role as Reliable Energy Supplier to Europe
@sonatrach_dz has delivered its first liquefied natural gas (LNG) cargo to Germany at the Wilhelmshaven floating regasification terminal, marking a key milestone in diversifying its export markets. The shipment, loaded at the GL2Z complex in Bethioua and transported aboard the SONATRACH-owned TESSALA LNG tanker, underscores the company’s trading flexibility and commitment to strategic European markets.
This move highlights growing African contributions to Europe’s energy security, including emerging opportunities such as jet fuel supply. SONATRACH aims to expand its presence as a reliable partner, supporting both European needs and the valorisation of African resources.

#AfricanEnergyUpdate | Dangote Reshapes Global & Nigerian Energy Markets with Dual Impact
Nigeria’s @DangoteGroup is making waves on two fronts: surpassing the United States as Europe’s leading jet fuel supplier and revolutionizing Nigeria’s domestic downstream sector. In June 2026, Dangote exported 466,000 metric tons of jet fuel to Europe, exceeding the US’s 399,000 mt and marking Nigeria’s highest export volume since 2024 . Concurrently, the refinery has launched free petrol delivery with 10-day credit across key Nigerian states, including Lagos, Ogun, Rivers, Kaduna, in Abuja, and Delta.
This dual development highlights Dangote’s growing influence and operational efficiency. The surge in jet fuel exports, doubling month-on-month from May to June, has contributed to a softening of Europe’s jet fuel forward curve, demonstrating African refining’s crucial role as a global market buffer. Domestically, the free petrol delivery and credit initiative are set to enhance fuel accessibility and streamline distribution, addressing long-standing bottlenecks in Nigeria’s energy supply chain.
Dangote’s strategic moves underscore its pivotal role in both international energy security and the transformation of Nigeria’s downstream landscape. By impacting global supply dynamics and optimizing local distribution, the refinery is not only reshaping market structures but also reinforcing Nigeria’s position as a significant player in the African and global energy sectors.

#AfricanEnergyUpdate | Saipem Secures $1 Billion Angola Offshore Contract
Saipem has been awarded a $1 billion offshore contract by @AzuleEnergy for the Greater PAJ project in Angola, one of sub-Saharan Africa’s largest ultra-deepwater developments, fresh off the Final Investment Decision.
The project includes the engineering, fabrication, transportation and installation of pipelines and subsea infrastructure in water depths of up to 2,000 metres, with fabrication work to be carried out in Angola using local companies and workforce.
The award reinforces Angola’s position as a key offshore investment destination and highlights continued momentum in Africa’s deepwater development pipeline.

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