Reassess West Africa OCTG Exposure and African Linepipe Demand Signals

Nigeria and Morocco aim to sign a definitive agreement on the long-delayed African Atlantic Gas Pipeline before the end of 2026, officials said, a move that could advance one of the continent's most ambitious energy infrastructure projects. The proposed 5,600-kilometer (3,480-mile) pipeline, formerly known as the Nigeria-Morocco Gas Pipeline, carries an estimated $25 billion price tag

Furthermore, the pipeline's planned coastal route spans more than a dozen West African jurisdictions, several of which struggle with political instability, maritime piracy and localized infrastructure risks. Energy analysts note that safeguarding a pipeline across so many borders will demand unprecedented, long-term security cooperation among the participating nations

However, the project faces steep hurdles, particularly regarding international financing and cross-border security

According to the project’s details, the newly launched Algerian segment will run along the Trans-Saharan Road corridor, stretching from the Niger border to Algeria’s National Gas Dispatching Center in Hassi R’Mel

Algeria’s state-owned energy firm, SONATRACH, has broken ground on its section of the Trans-Saharan Gas Pipeline, reviving a massive infrastructure project designed to pump Nigerian natural gas directly into European markets

SONATRACH characterized the pipeline as a vital mechanism for regional economic integration and the valorization of African energy resources. Officials added that the corridor will stimulate local economies along the route, driving sustainable development and providing a secure, long-term revenue stream for the continent

News Eni awarded deepwater exploration acreage offshore Gambia June 07, 2026 Eni has signed a petroleum exploration, development and production agreement with The Gambia for offshore Block A1, adding 1,300 sq km of deepwater acreage in a hydrocarbon-proven region of the Atlantic margin to its exploration portfolio

Article SBM executive sees strong FPSO market on back of deepwater trend April SBM Offshore’s Group Business Development director is very enthusiastic about the market ahead for FPSO construction and operation, given the plethora of deepwater projects expected, not only in established markets like Brazil, Guyana and West Africa, but in places like Suriname, Namibia and others

Futures: at least 10 minute delayed