A major wave of mergers and acquisitions (M&A) is expected to surge in 2026, fundamentally reshaping Africa’s oil and gas landscape. This dynamic activity is being fueled by global companies strategically divesting mature assets, creating significant opportunities for ambitious African independents to expand their portfolios. Major deals in Nigeria, including Shell’s divestment to Renaissance and Eni’s asset transfer to Oando, highlight this strategy. Simultaneously, a series of new licensing rounds across the continent is opening fresh frontiers for exploration and investment. With African Energy Week 2026 set to explore these trends, industry leaders anticipate a transformative year defined by bold deals and stronger local participation.
African Energy Chamber
