Africa Oil & Gas

Technip Energies partners with COS Petrogaz to accelerate gas development in Senegal

05-27-2022 | 10:50:49
Technip Energies and COS Petrogaz have signed a MoU to collaborate in the fields of LNG, carbon-free energy solutions and decarbonization, in order to accelerate Senegal's gas development and support a fair and equitable energy transition.

TAQA Arabia and Equatorial Guinea introduce CNG vehicles

05-27-2022 | 10:41:17
The African Energy Chamber strongly supports the move taken by Equatorial Guinea to optimize its gas market through the introduction of compressed natural gas-powered vehicles.

Senegal, Angola sign 6 cooperation agreements

05-27-2022 | 09:16:00
President of Senegal, and President of Angola, have signed six cooperation agreements in the fields of justice, trade, tourism and oil as well as the promotion and protection of investments.

Petrodel to re-enter Tanzania

05-25-2022 | 12:08:10
Petrodel Resources Ltd. (‘Petrodel’), a leading energy company in the development of oil and gas reserves, has announced its intention to revive its operations in Tanzania.

SONATRACH en tête du classement dans la région arabe et en Afrique

05-23-2022 | 12:37:00
e Groupe SONATRACH est classé en tête du classement dans la région arabe en matière d’exploration pétrolière, en réalisant trois nouvelles explorations lors du premier trimestre de 2022, et occupe la première place dans le classement annuel des “500 meilleures entreprises africaines.

Chariot annonce avoir mobilisé 25,5 millions $ pour le gaz d’Anchois

05-23-2022 | 10:54:00
Chariot Oil and Gas, a annoncé qu’elle vient de mobiliser une somme de 25,5 millions de dollars par le biais d’une émission d’actions de 113,3 millions d’actions au prix de 18 pence chacune.

Sonatrach va se doter d’une usine de production de MTBE pour 521 millions de dollars

05-23-2022 | 10:39:00
Sonatrach a signé un contrat avec les entreprises chinoises CNTIC et Sinopec, pour la construction d’une usine d’éther de méthyle et de tertiobutyle (MTBE) au sein du complexe gazier et pétrochimique d’Arzew.

Shell subsidiary BG Int'l Limited acquires ExxonMobil’s offshore position in Egypt

05-23-2022 | 10:00:00
BG International Limited a subsidiary of Shell plc. signed a Farm Out Agreement with ExxonMobil Egypt to acquire a 100 percent stake in the ExxonMobil-operated north-eastern El-Amriya Offshore Area in the Mediterranean Sea, which is also known as Block 3

Innoson says close to huge gas find in Sierra Leone

05-23-2022 | 09:22:06
Innoson Oil & Gas Ltd., on the cusp of a huge 8 trillion cubic feet (TCF) gas discovery in the Sierra Leonean basin

Transnational Africa Green Hydrogen alliance launched

05-20-2022 | 09:43:01
Six African countries have joined forces to launch the Africa Green Hydrogen Alliance to collectively scale-up investment and development across the continent’s burgeoning green hydrogen landscape.

[Angola] Congrès sur l'avenir du secteur pétrolier africain

05-19-2022 | 12:47:00
Les principaux producteurs et exportateurs de pétrole d'Afrique se réunissent jusqu'au 19 mai à Luanda, la capitale angolaise. Ils cherchent des solutions pour accroître les investissements dans le secteur pétrolier et la transition énergétique en Afrique

Shell strengthens its offshore position in Egypt’s Nile delta

05-18-2022 | 12:54:00
BG International Limited., a subsidiary of Shell signed a Farm Out Agreement (FOA) with ExxonMobil Egypt (Upstream) Limited to acquire a 100% stake in the ExxonMobil-operated North East El-Amriya Offshore Area.

SDX Energy announces spudding of MSD-24 well at West Gharib onshore Egypt

05-18-2022 | 09:44:38
SDX Energy, the MENA-focused energy company, announced the spudding of the MSD-24 infill development well on the Meseda field located in the West Gharib concession in the Egyptian Eastern Desert.

Afreximbank, APPO sign MoU for creation of a multi-billion-dollar energy bank 

05-17-2022 | 12:48:04
Aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects, as well as energy developments across the entire value chain.

SHAL, Rockwash Geodata partner to establish a digital well cuttings national data repository in Angola

05-17-2022 | 10:18:00
Angolan upstream advisory and consultancy company, Striped-Horse Atlântico Lda (SHAL), along with Rockwash Geodata, announced an agreement with the ANPG to establish a world class geological laboratory in Luanda.

Six Liquefied Natural Gas developments to watch in West Africa

05-27-2022 | 15:26:00
With the energy transition a hot topic off the back of COP 26 and in the lead-up to COP 27, Liquefied Natural Gas (LNG) in particular, has risen to the fore on account of its 25% lower carbon emissions when compared to traditional heavy fuel oil emissions.

[Column] Sergio Pugliese: Angola’s deepwater prospects lay foundation for oil production increase

05-20-2022 | 09:54:00
As Angola’s Ministry of Mineral Resources, Petroleum and Gas spearhead efforts to reverse declining production levels, Angola’s deep and ultra-deep offshore assets will be at the forefront of drilling campaigns, aimed at meeting phased production targets, over the next decade.

Oil in Africa 2022 First Quarter Financial Results

05-16-2022 | 12:28:00
Africa Oil announces strong first quarter 2022 with receipt of the largest prime dividend to date and the major venus light oil discovery.

[Column] Kelly-Ann Mealia: South Africa advances Gas-to-Power agenda

05-13-2022 | 10:03:00
As South Africa experienced Stage 4 load-shedding last week, state-owned utility Eskom announced plans to issue a request for proposals (RFP) for the supply of gas to the Ankerlig and Gourikwa open-cycle gas turbine (OCGT) power stations in the Western Cape province.

CAPE VIII | 8th African Petroleum Congress and Exhibition | 16th-19th May in Luanda | Join Virtually

05-09-2022 | 21:13:00
The African Petroleum Producers Organization (APPO), the Government of the Republic of Angola, and AME Trade will be hosting the 8th African Petroleum Congress and Exhibition (CAPE VIII) will take place from 16th-19th May

[Column] Patrick Conroy and Mark Venables: Africa’s energy transition: Finding the right mix to drive economic prosperity

04-11-2022 | 14:32:30
While Africa is rich in renewable energy sources it must also lift nearly half-a-billion people out of poverty according to the United Nations.

How Nigeria can become a leading oil and gas supplier to the European market

03-23-2022 | 10:07:47
​​​​​​​Nigeria has the potential to increase its oil and gas exports to Europe by ramping up production and increasing investment in exploration and infrastructure development.

Infrastructure rollout will enable Africa to expand LNG exports and meet global demand

03-18-2022 | 06:53:09
Global energy transition policies are pushing for an increase in the use of gas as a transactional energy resource, thereby increasing the demand for liquefied natural gas

[Column] NJ Ayuk: Russia’s invasion of Ukraine has expanded the meaning of “energy transition” in Europe

03-15-2022 | 13:05:00
The world is wondering, and rightfully so, if Africa’s gas reserves — an estimated 221.6 trillion cubic feet — could be part of the energy solution Europe so desperately needs.

[Column] Leoncio Amada: Restructuring African NOCs via partial privatization, a game changer in the African oil and gas industry

03-14-2022 | 15:24:00
With globalization and fierce competition in the markets, both local and international, companies face demands for profitability, quality and technology that contribute to their continuous improvement. 

Nigeria takes the lead in hydrocarbon exploration, production and regulation in 2022

03-02-2022 | 13:56:48
With over 36 billion barrels of oil (bbl) and 200 trillion cubic feet of natural gas, the country has managed to position itself as both an attractive upstream market and competitive producer.

[Interview] Siraj Ahmed, CEO, Impact Oil & Gas

02-24-2022 | 12:44:00
Despite being blessed with abundant oil and gas resources, Africa’s production has been on the decline, representing a challenge for the continent as it moves to initiate a COVID-19 economic recovery and address energy poverty.

[Interview] Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, Equatorial Guinea

02-24-2022 | 12:37:00
With over 1.1 billion barrels of oil reserves and 1.5 trillion cubic feet of natural gas, the small but formidable nation of Equatorial Guinea is ambitious in its plans to position itself as a leading African hydrocarbon hub.

Gas output from Sub-Saharan Africa set to double by 2030, driven by deepwater developments, Rystad Energy

02-24-2022 | 09:27:00
Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in 2021 to 2.7 million boepd in 2030 due to vast undeveloped deepwater resources.

Expanding oil and gas exploration and production in Niger

02-23-2022 | 10:56:35
In a bid to ramp-up exploration and production to achieve this objective, Niger is making its regulatory and fiscal environment conducive for oil and gas energy market players.