Africa is entering a dynamic era of upstream growth. In 2025 alone, over 170 exploration blocks are on offer across North, West, Central and East Africa, with countries like Egypt, Nigeria, Angola, Mozambique and Ghana opening new frontiers for development.
Fincantieri announces that it has formalized its investment in WSense, a deep tech scale-up specialized in underwater monitoring and communication.
SBM Offshore announces that it has signed a $1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its existing $1.0 billion RCF which was due to expire in February 2026.
Power demand continues to grow from electrification of society and industry, expansion of artificial intelligence (AI) and data centers. Equinor has built a significant renewables business over the last two decades, with offshore and onshore wind and solar in operation and under development.
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