Africa Oil & Gas

Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture

03-22-2023 | 10:48:51
Aramco and DHL Supply Chain partnership move is expected to help customers drive supply chain efficiency and cost benefits while reducing their carbon footprint through more sustainable solutions

Equatorial Guinea, Cameroon bilateral agreement signals new era of cross-border cooperation in Africa

03-20-2023 | 15:28:00
The respective Presidencies of Equatorial Guinea and Cameroon have signed a bilateral cooperation agreement, unlocking a new phase of energy security and economic expansion on the back of gas monetization and cross-border collaboration.

Uganda signe avec l’Algérie, un mémorandum d’accord pour collaborer dans le secteur pétrogazier

03-15-2023 | 10:39:00
Le protocole d’accord vise à évaluer conjointement les opportunités de coopération sur l’ensemble de la chaîne de valeur du pétrole et du gaz.

UAE-Africa partnerships to be solidified at Invest in African Energy Dubai Edition

03-14-2023 | 08:47:00
The Dubai leg of the Invest in African Energy roadshow offers UAE investors the chance to connect with African opportunities, while African executives the chance to connect to international financial markets with Dubai as a trade center.

[Nigeria] NCDMB, BOI launch $50 million fund for oil industry manufacturing

03-13-2023 | 05:17:00
The Nigerian Content Development and Monitoring Board (NCDMB) and Bank of Industry have launched a $50 million dollars fund for NOGAPS Manufacturing Product Line.

Nigeria, Senegal ink deal to boost local oil and gas industry

02-22-2023 | 10:01:00
The Nigerian Content Development and Monitoring Board (NCDMB) and Senegal’s Technical Secretary of the National Content Monitoring Committee of Senegal (ST-CNSCL), signed a new MoU to boost cooperation between the two countries regarding oil and gas industry growth.

Parenco to end energy poverty in Africa by 2030

02-20-2023 | 08:09:59
Independent oil and gas company, Perenco, has undertaken an ambitious gas agenda in Africa, an agenda which is set to help make energy poverty history by 2030.

PETROCI a reçu 60 milliards FCFA pour son restructuration et refinancement

02-15-2023 | 14:16:00
BOAD et CAPITAL OF AFRICA annoncent le financement de 60 milliards FCFA en faveur de la Société Nationale d’Opérations Pétrolières de Côte d’Ivoire (PETROCI) dans le cadre de la réalisation d’un Programme d’Investissements Prioritaires en Côte d’Ivoire.

PETRONAS announced a new shareholder in Engen

02-13-2023 | 10:59:02
PETRONAS has reached an agreement to sell its entire 74 per cent interest in Engen Limited to Vivo Energy, one of the largest African fuel retail operators and part of multinational energy company Vitol.

Globeleq completes $71 million restructuring of Soutpan Solar Plant Financing

02-13-2023 | 10:34:00
Globeleq, the leading independent power company in Africa, has completed a $71 million senior debt restructuring of its 31 MW Soutpan Solar Power plant in Limpopo Province.

Toyota Tsusho to win Menengai Geothermal power plant contract in Kenya

02-13-2023 | 08:59:18
Globeleq has executed an engineering, procurement and construction (EPC) contract and a long-term service agreement (LTSA) with Toyota Tsusho Corporation (TTC) for the 35MW Menengai geothermal project in Nakuru County, Kenya.

Husk becomes first profitable minigrid company in Africa and Asia

02-06-2023 | 10:33:09
Owner of the largest fleet of community solar minigrids with 150 in operation, Husk was EBITDA positive in its primary markets of Nigeria and India in Q4 2022.

[Nigeria] NCDMB pledges continuous support to local content development in Africa

02-06-2023 | 05:10:00
The Nigerian Content Development and Monitoring Board (NCDMB) says it is reafy to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources.

Expro wins contract with Eni for LNG pre treatment plant in Congo, Brazzaville

01-31-2023 | 08:42:00
Energy services provider Expro, announced a long-term Production Solutions contract with Eni Congo, a subsidiary of multinational energy company Eni, for a liquified natural gas (LNG) pre-treatment facility in Congo, Brazzaville.

Sasol reveals the new partnership for its convenience centres

01-30-2023 | 10:36:00
Energy giant Sasol is revealing its new strategic partners for its convenience centres at the Sasol Circle Centre in Centurion.

[Column] NJ Ayuk: Time to break the deadlock on TotalEnergies’ offshore gas deal

03-29-2023 | 12:27:10
There’s another complication at hand, in that South Africa’s government has pledged to reduce the power sector’s carbon emissions intensity.

[Column] NJ Ayuk: How domestic gas production can help mitigate South Africa’s energy crisis

03-23-2023 | 09:11:00
The country’s fuel and energy sector is truly in trouble, with power shortages and blackouts worse than ever before.

[Column] NJ Ayuk: Africa must embrace carbon trading

03-13-2023 | 05:30:00
One of the most promising outcomes of the COP27 climate conference last November was the launch of the African Carbon Markets Initiative (ACMI). This African-led initiative is designed to significantly drive up the continent’s participation in voluntary carbon markets.

[Column] NJ Ayuk: Carbon capture, utilization and storage: Game-changing technology for Africa

02-21-2023 | 09:16:25
It would be difficult to exaggerate the value that carbon capture, utilization, and storage (CCUS) technology offers Africa’s oil and gas industry.

[EIB]:Une nouvelle étude confirme l’extraordinaire potentiel de l’Afrique dans le domaine de l’hydrogène vert

01-05-2023 | 09:45:00
La Banque européenne d’investissement, l’Alliance solaire internationale et l’Union africaine dévoilent une étude sur le potentiel de l’Afrique en matière d’hydrogène vert, avec le soutien de l’État mauritanien, d’HyDeal et de CGLU Afrique

[Column] NJ Ayuk: Africa’s upstream industry: holding steady in a turbulent oil and gas market

12-15-2022 | 06:38:43
Africa’s oil and gas industry is going to breathe new life into many African economies and will create new opportunities for every many Africans in 2023.

[Column] NJ Ayuk: Africa’s gas markets interconnected and in a squeeze, going into 2023

11-29-2022 | 10:56:46
We expect to see Algeria, Egypt, and Nigeria leading African gas and LNG flows to Europe. This seems like a natural progression.

[Column] NJ Ayuk: Could Nigeria’s oil industry be entering a new era?

09-06-2022 | 11:09:00
When Nigeria’s Petroleum Industry Act (PIA) was signed into law in August 2021, I spoke about the positive changes the law would be driving in terms of increased transparency and energy sector productivity.

[Column] Phumzile Mlambo-Ngcuka: Energy partnerships in Africa must benefit women and children through localization

08-19-2022 | 12:05:00
The upliftment of women and ensuring equality will contribute positively development and growth of countries. Diversified energy sources used together with rich energy reserves could act as a force multiplier for growth, economic upliftment, poverty reduction and improved health.

[Column] NJ Ayuk: International energy companies in Angola, Nigeria illustrate importance of creating enabling environments

08-12-2022 | 08:19:00
The joint venture between the Angolan businesses of UK oil major BP and Italian multinational Eni, finalized in early August, is big news in every sense.

[Column] NJ Ayuk: The role of Algeria, Egypt and Nigeria in Africa’s search for European gas market share

08-05-2022 | 10:51:00
This search has drawn attention to a number of African gas projects that are likely to help Europe in the future, particularly as the EU looks to make a permanent shift away from dependence on Russian gas.

[Column] NJ Ayuk: Long-term sales contracts could be key to Senegal and Mauritania’s natural gas success

07-26-2022 | 08:22:08
In 2020, rich natural gas resources offshore Mauritania and Senegal were the subject of the biggest long-term liquefied natural gas (LNG) contract signed that year.

[Column] NJ Ayuk: Senegal and Mauritania are rich in resources, poor in infrastructure, now is the time to change that

07-19-2022 | 08:51:38
While Senegal’s consistently low-volume Gadiaga project remains in operation, at Mauritania’s Deepwater Chinguetti project, production ceased altogether at the close of 2017.

[Column] James Chester: South Sudan: The emerging hub for East African petroleum sector growth

06-16-2022 | 15:52:53
South Sudan has its own unique place at the center of a wider Nile Basin-East Africa hydrocarbons-rich area that perfectly positions the country as the hub for petroleum industry services and exploration.

Local content regulations, implementation of the AfCFTA power hydrocarbons market in Nigeria

06-14-2022 | 17:52:00
Nigeria represents one of the continent’s most mature oil and gas markets as well as the largest oil producer in sub-Saharan Africa.