NIGERIA: Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell plc, signed an agreement with TotalEnergies EP Nigeria Limited this week to acquire its 12.5% stake in the OML 118 Production Sharing Contract (OML 118 PSC), an oil mining lease offshore Nigeria that includes the Bonga field. Upon completion, this transaction increases Shell’s interest in the OML 118 PSC from 55% to 67.5%

CAMEROON: Maritime officials in Cameroon received essential training to develop a national action plan for cutting greenhouse gas (GHG) emissions from shipping last week when a workshop led by the International Maritime Organisation brought together representatives from the national port authority, government ministries and other stakeholders. 

MAURITIUS: Demonstrating the impact of the Fishermen Welfare Fund (FWF) which was established in 2000, the Minister of Agro-Industry, Food Security, Blue Economy and Fisheries, Dr Arvin Boolell visited a fisherwoman from Bambous-Virieux this week to present her with financial assistance.

SEYCHELLES: President Wavel Ramkalawan attended the Seychelles Maritime Academy (SMA) graduation ceremony which celebrated the academic accomplishments of 104 students completing certificate and advanced certificate programmes—an important milestone for the country's maritime education sector.

SEYCHELLES: The Ministry of Transport yesterday hosted a ceremony to officially handover hydrographic maps to major national stakeholders in an effort to promote the importance of data sharing across government institutions.

TOGO: Last week’s meeting of the West Africa Task Force (WATF)concluded with an essential agreement concerning a regional fisheries vessel record that included the finalisation of the scope and fee structure needed to advance the process.

Projects in the Democratic Republic of Congo and Senegal feature in DP World’s $2.5 billion investment plan for 2025 aimed at expanding its global logistics network through the development of major infrastructure projects across India, Africa, South America and Europe.

SOUTH AFRICA: TotalEnergies confirmed its intention launch an offshore drilling programme in South Africa next year following recent legislative developments that indicate the government’s commitment to reform the sector and provide more certainty for investors.