Africa Oil & Gas

[Nigeria] Asharami Energy’s graduate programme targets future upstream experts

05-13-2021 | 07:10:39
Asharami Energy, a Sahara Group Upstream company, has commenced its 2021 Graduate Trainee Programme that is geared towards enhancing the sustainability and future of the sector through training of exceptional young talent.

Zenith Energy completes acquisition of Candax Energy's Tunisian assets

05-13-2021 | 06:30:00
Zenith Energy announced that Compagnie Du Desert ("CDD"), its fully owned subsidiary, has now completed the acquisition of a 100 percent interest in the fully owned subsidiary of Candax Energy in Barbados, Ecumed Petroleum Tunisia.

PGS MultiClient seismic reveals multiple opportunities offshore Egypt in 2021 licensing round

05-12-2021 | 06:01:00
PGS announced it has 3 400 km of modern MultiClient seismic data covering all the blocks on offer in the Egypt Offshore Licensing Round.

Petrofac secures contract for bp project in Mauritania and Senegal

05-11-2021 | 11:35:56
Petrofac has secured a contract with bp to develop operational procedures for their Greater Tortue Ahmeyim (GTA) Project in Mauritania and Senegal.

[Nigeria] DPR pledges commitment to oil sector investments

05-10-2021 | 08:14:31
The regulator added that it was working in alignment with the aspirations of the government to provide energy security for the nation and create jobs for Nigerians.

[Nigeria] Heirs Oil & Gas announces CEO and Board appointments

05-07-2021 | 14:39:00
Heirs Oil & Gas (HHOG), Africa’s integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer together with a distinguished non-executive board.

APA Corporation reaches agreement to modernize production sharing contracts in Western Desert, Egypt

05-07-2021 | 12:59:00
APA Corporation has reached an agreement in principle with Egypt’s Ministry of Petroleum and Mineral Resources and the Egyptian General Petroleum Corporation in support of the MOP’s efforts to modernize the country’s petroleum sector.

ReconAfrica spuds second well in Kavango Basin, Namibia

05-07-2021 | 05:30:00
Reconnaissance Energy Africa (ReconAfrica), has spudded the second well (6-1), of an initial three well program in the Kavango Basin in the Kalahari Desert of North East Namibia.

[Angola] Total commences drilling of oil wells in the Zinia Phase 2 project

05-06-2021 | 09:59:43
The project includes the drilling of nine wells and is expected to reach a production of 40,000 barrels of oil per day by mid-2022.

Ghana set to receive first LNG cargo by end of May

05-06-2021 | 09:35:07
Ghana is now expected to receive its first LNG cargo at the end of this month, a project spokesman said, as the country prepares to become sub-Saharan Africa's first LNG importer.

Panoro Energy announces DHIBM-2 well did not encounter hydrocarbons in the Gamba reservoi, Equatorial Guinea

05-06-2021 | 06:39:00
Panoro Energy announced the DHIBM-2 Hibiscus Extension well did not encounter hydrocarbons in the target Gamba reservoir in Equatorial Guinea.

Afentra launches to offer new opportunities for energy transition in Africa

05-05-2021 | 14:31:24
Afentra (African Energy Transition), the upstream operator focused on opportunities in Africa, has been launched with a clear mandate to look at opportunities to invest in the energy transition in Africa.

Siemens Energy to supply F-class gas turbine to new power plant in Côte d’Ivoire

05-05-2021 | 09:08:00
Siemens Energy signed an agreement with Spanish EPC contractor TSK to provide the company’s highly efficient energy technology and services to Atinkou, a new combined cycle power plant to be built in Jacqueville, Côte d'Ivoire.

Siemens Energy, Turboden expand and decarbonizes Egypt’s natural gas transmission network

05-05-2021 | 08:41:00
Siemens Energy, working with Turboden S.p.A., a Mitsubishi Heavy Industries Group Company, started development on the GASCO Dahshour gas compressor station (GCS) in Egypt.

Lithuanian Klaipėda LNG terminal receives first LNG cargo from Egypt

05-05-2021 | 08:27:00
The Klaipėda (Lithuania) liquefied natural gas (LNG) terminal, operated by KN (AB Klaipėdos Nafta) expects to receive LNG cargo from Egypt, the ‘Idku’ natural gas liquefaction plant to reach Klaipėda Seaport for the first time.

[Column] NJ Ayuk: African women can build a better future for all Africans with oil and natural gas

05-05-2021 | 13:14:01
Africa’s vast oil and gas resources are one of the things that make the continent unique. They are key to a better future. But what we need is for women to have greater control over them.

[Column] Verner Ayukegba: New leadership and energy sector restructuring will boost investments into Niger

04-14-2021 | 09:49:05
It will enable Niger’s daily crude production to rise from currently 20,000 barrels to 110,000 barrels per day, making Niger a key gateway to the much-touted resource rich but largely unexplored Sahel region.

African Energy developments demand sustained investment with new projects in Mozambique, Tanzania, Uganda, and Senegal

04-13-2021 | 14:32:00
In the past twelve months, the African energy sector has seen several encouraging developments, in the form of both Foreign Direct Investment (FDI) and strategic partnerships, that have advanced the sustainable development of its natural resources.

Fostering financial inclusion for Senegalese local companies in the energy sector

04-12-2021 | 14:36:16
In this sense, the country has placed a major focus on developing in-country financing capabilities necessary for training, up-skilling and engaging local companies and individuals.

[Column] Shantel Mufandaidza: The impact of AfCFTA on oil and gas industry

03-25-2021 | 12:20:00
Focusing more on growing intracontinental oil and gas trade will give countries autonomy to govern their international trade agreements, which have often left African countries on the losing end.

[Column] Jamie Collard: Why explorers are not targeting more gas in response to the energy transition

03-19-2021 | 08:56:00
There has been much talk about natural gas as a transition fuel, primarily in helping to lower emissions and pollution by displacing coal in power generation, but also in complementing intermittent renewables, and targeting the (blue) hydrogen economy.

Renewables spending set for new record in 2021, luring service suppliers as oil and gas gap narrows, Rystad Energy

03-19-2021 | 05:56:00
Capital expenditure for renewable energy projects is set for a new record in 2021, a Rystad Energy analysis shows, forecast to reach $243 billion, and narrowing the gap with oil and gas spending, which is projected to be relatively flat this year at $311 billion.

[Column] Charné Hundermark: Regional integration at the forefront of Mozambique’s energy success

03-05-2021 | 06:23:00
As one of leading resource-rich countries in sub-Saharan Africa, Mozambique has the potential to not only significantly advance its own socioeconomic status, but also dramatically boost economic growth throughout the region.

OPEC president says oil market rebalancing, pandemic still a risk

03-03-2021 | 10:15:00
But Azevedo, Angola's minister of Mineral Resources and Petroleum, who occupies OPEC's rotating presidency, warned that any worsening of the pandemic could lead producers to tamp down output

[Column] Grace Goodrich: Digitization offers high returns for emerging gas producers like Mozambique

03-02-2021 | 11:34:28
The benefits of digital investment in the oil and gas sector are multifold: increased productivity, cost savings and improved performance all tend to follow investments in big data

[Column] NJ Ayuk: Africa should decide how to harness its natural resources especially with gas

03-02-2021 | 05:08:40
Pressure is building to phase out petroleum production in Africa to fight climate change. But harnessed strategically, Africa’s oil and gas industry can power a better future for Africa

[Column] Charné Hundermark: Local content rises to top of Mozambique’s developmental agenda

02-26-2021 | 15:00:00
Mozambique is experiencing an influx of investment across energy, agriculture, tourism, construction and mining sectors, positioning the country for transformative economic growth.

[Column] Andres Vega: Lessons from Mexico: Pushing for better oil and gas project implementation in Africa

02-18-2021 | 06:30:42
Once one of the world's biggest producers, Mexico has had a sweet and sour relationship with the upstream industry.

Pathways to faster decarbonization with gas and renewables

02-16-2021 | 11:36:33
The power sector accounts for up to 41 percent of global carbon dioxide emissions today, with Africa contributing about 2-3%.

[Column] Verner Ayukegba : Angola’s oil and gas industry can thrive alongside its rich biodiversity

02-12-2021 | 11:12:00
Last month, reports that Angola was drafting legislation to permit oil, gas and mining activities in 14 national conservation areas, including the Luengue-Luiana National Park.