
Congo’s Hydrocarbons Minister Endorses CEIF 2026, Eyes 500,000 bpd Production Target
As Congo targets 500,000 bpd within three years, Minister Itoua announced plans to host CEIF annually over the same period.
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As Congo targets 500,000 bpd within three years, Minister Itoua announced plans to host CEIF annually over the same period.
Additionally, leading African energy players, companies and projects have been recognized during the 2025 African Congo Energy & Investment Forum (CEIF) in the Republic of Congo.
The government has approved new fiscal terms and plans to implement a new multi-client data strategy by year-end to attract investment and revitalize exploration efforts.
This collaboration builds on two agreements signed in 2023, encompassing hydrocarbons, air transport, tourism, agriculture, mining and education.
Algeria is leveraging oil, gas and renewable resources to drive energy transformation, global partnerships and socioeconomic development.
Rwanda is seeking partners to conduct exploration activities across the Lake Kivu basin.
The Republic of Congo’s Minister of Hydrocarbons, Bruno Jean-Richard Itoua, will headline the Congo Energy & Investment Forum on March 25-26, 2025, showcasing the country’s energy advancements and investment opportunities under the Ministry’s leadership.
Committed to leveraging undeveloped oil and gas to stimulate long-term economic growth, the DRC’s Ministry of Hydrocarbons is seeking investment in exploration and production.
Both the Republic of Congo and Angola have outlined ambitious oil and gas production targets, representing strategic areas for bilateral investment and cooperation.
Chevron and GEPetrol signed contracts for offshore blocks EG-06 and EG-11 in Equatorial Guinea- representing a $2 billion investment.