The Powership will soon shift from the use of heavy fuel oil to gas. This fuel switch-over will generate material reduction in Senegal’s fuel bill with positive spill-over effect on electricity costs in line with the Plan Sénégal Emergent.
The Department of Petroleum Resources (DPR) has inaugurated a team of experts to evaluate the revoked four oil mining licenses from Addax Petroleum Exploration Nigeria Limited to a new operator – Kaztech/Slavic Consortium.
South Africa's Sasol to work alongside Linde, ENERTRAG and Navitas to explore potential of cleaner aviation fuels
Sasol announced it will work alongside a consortium comprising Linde, ENERTRAG and Navitas (LEN Consortium), to bid in concept for the production of sustainable aviation fuel under the auspices of the German Federal Government’s H2Global auction platform.
Azinam completes acquisition of 50% operated interest in Block 2B oil discovery offshore South Africa
Azinam South Africa Limited (ASAL), a Seacrest company, announced the completion of its acquisition of a 50% operated interest in Block 2B offshore South Africa.
Nostra Terra, the oil & gas exploration and production company with a portfolio of development and production assets in Texas, USA, announced progress with the planned strategic expansion of its portfolio into Tunisia.
ADM, OES and 4Mation plan to explore opportunities to develop Barracuda Field in OML 141 and associated work-related activity in Nigeria.
Invictus, following the recent signing of the PEDPA with the Republic of Zimbabwe, has awarded Polaris Natural Resources a contract to provide acquisition services for its first 2D seismic program in the Cabora Bassa Basin.
Zenith Energy announced it has made a binding offer to wholly acquire a company holding a 100% interest in two hydrocarbons production and development concessions in Tunisia.
When completed the Assa North Gas project will produce 600 million standard cubic feet of gas per day from its upstream facilities.
Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila gas field in southeast Algeria.
BW Energy announced the re-start of a three-well drilling campaign on the Dussafu license offshore Gabon consisting of two exploration wells in the Hibiscus area and one production well on the Tortue field.
Panoro Energy announced it has received governmental approval and closed the farmout agreement (“FOA”) on Block 2B offshore South Africa.
Ugandan President Yoweri Museveni and Tanzanian President Samia Hassan Suluhu signed an agreement to contruct the East African Crude Oil Pipeline (EACOP).
Maersk Drilling has been awarded a one-well contract from PC Gabon Upstream S.A. (PCGUSA), a subsidiary of PETRONAS, for the provision of a deepwater drillship rig.
Sonatrach and Shell International Trading and Shipping Company Limited have signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons.
Namibian Ministry of Mines and Energy and ReconAfrica announced the preliminary analysis of the data from the 6-2 well, providing a clear evidence of a working conventional petroleum system in the Kavango Basin.
Marine engineering consultancy LOC, part of AqualisBraemar LOC Group, has been awarded a two-year contract to provide marine warranty services to support Petrobel’s offshore assets.
Tenders have been awarded to Zismo Engineering ("Zismo"), for the construction of the overhead lines and to OptiPower for construction of substations at Lesedi and Serowe.
[Column] Verner Ayukegba: New leadership and energy sector restructuring will boost investments into Niger
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.
The Department of Petroleum Resources (DPR) has concluded plans to inaugurate the Advisory Council and Body of Neutrals of the oil and gas industry’s Alternative Dispute Resolution Centre (ADRC) in Lagos.
African Energy developments demand sustained investment with new projects in Mozambique, Tanzania, Uganda, and Senegal
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.
Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation.
Technology group Wärtsilä will convert the close to 90 MW Bel-Air power plant in Dakar, Senegal to operate on liquefied natural gas (LNG).
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.
ADM Energy, a natural resources investing company, announced it has entered into a non-binding collaboration agreement ("CA") with Eunisell, the Nigerian owned oil and gas production solutions company.
Uganda, Tanzania and oil firms Total and CNOOC on Sunday signed agreements that will kickstart the construction of a $3.5 billion crude pipeline to help ship crude from fields in western Uganda to international markets.
Russian multinational Lukoil will not proceed with its non-binding bid to acquire FAR Limited’s stake in Senegal’s Rufisque, Sangomar and Sangomar Deep (RSSD) project, according to a statement by the Australian oil and gas explorer.
ION Geophysical Corporation, announced the Company was awarded an exclusive agreement for 3D multi-client programs offshore Kenya. The agreement includes both 3D new acquisition offshore the Lamu Basin and reimaging vintage data offshore Kenya.
The Italian Major’s latest oil discovery in its Block 15/06 concession offshore Angola underlines why Angola’s Prolific Basins and conducive regulatory framework continue to prove attractive despite stiff competition from new frontiers like Guyana and Suriname.
Based on the previously announced Conditional Letter of Award, Maersk Drilling has been awarded a contract from Tullow Ghana, for the provision of the ultra-deepwater drillship Maersk Venturer and additional services for a development drilling campaign.
Nigeria's Department of Petroleum Resources (DPR) has revoked four Oil Mining Licenses (OML) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company.
Zenith Energy announced its wholly owned subsidiary Zenith Netherlands, signed an extension agreement in respect of the conditional sale and purchase agreement (SPA) it signed with KUFPEC Tunisia.
The American Petroleum Institute (API) and the African Energy Chamber (AEC), signed a Memorandum of Understanding (MoU) to collaborate on capacity building initiatives and standardization to enhance safety, environmental protection and sustainability.
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well has been drilled on the Cuica exploration prospect located inside the Cabaça Development Area.
Angola's National Oil, Gas and Biofuel's Agency (ANPG) has outlined its timetable for the evaluation of its ongoing 2020 bid round, as interest in the acreage on offer continues to grow.
Qatar Petroleum entered into an agreement with Shell to become a partner in two exploration blocks offshore the Republic of Namibia.
Tullow Oil announced the start of a multi-year, multi-well drilling campaign offshore Ghana with the commencement of drilling of the first well at the Jubilee Field yesterday.
PetroNor, the independent oil and gas exploration and production company with a focus on production, development and exploration assets across sub-Saharan Africa, announced it has been unable to reach a satisfactory solution with Senegal.
United Oil and Gas, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets, announced discovery at ASD-1X exploration well in the Abu Sennan concession, onshore Egypt.
The upturn in the price of the international oil benchmark, Brent crude, has pushed Nigeria’s oil revenue above the estimate in the 2021 budget.
Algeria’s Sonatrach and Shell International signed a memorandum of understanding, which provides a framework for companies to explore means of cooperation on the supply and trading of hydrocarbons.
Tullow Oil announced that the sale of its assets in Equatorial Guinea to Panoro Energy ASA (Panoro) has now completed, after receiving a payment of $88.8 million from Panoro.
The Government of the Republic of Cameroon has notified Tower Resources Cameroon SA (TRCSA), that the President of the Republic has approved a further extension of the First Exploration Period of the Thali license.
Botswana's Department of Environmental Affairs (DEA) has approved the EIS for Tlou's Boomslang project. The Boomslang Prospecting Licence PL011/2019 is located adjacent to the Company's Lesedi power project.
While we think of farming as a soil business therefore insulated from fuel cost hikes, nothing could be further from the truth. Farms purchase inputs are transported by motorized means through the retailer, distributor and manufacturer.
Pharos Energy receives provisional approval for amendment of fiscal terms of El Fayum Concession in Egypt
Pharos Energy has received provisional approval from the Egyptian General Petroleum Corporation's (EGPC) Main Board to an amendment of the fiscal terms of its El Fayum Concession, now subject to the approval of the Egyptian Government.
PGS has been awarded a high-fidelity 3D exploration program by a supermajor offshore Egypt. The survey will be acquired using an Extended Long Offset (ELO) configuration with Ramform Tethys towing a wide multi-sensor GeoStreamer spread.
Making the announcement, the two organisations said the new Aret Adams Chair Professor came tops in a keenly contested selection process.
Invictus Energy announced that following approval from President E.D. Mnangagwa, the Petroleum Exploration Development and Production Agreement (PEPDA) between Invictus and the Republic of Zimbabwe has been executed.
The first of the agreements signed aims to implement an ambitious program for the relaunch of exploration and development activities in the Berkine basin region.
Shelf Drilling announced it has secured a two-year contract extension for the Trident 16 jack-up rig in direct continuation of its current term with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez offshore Egypt.
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.
The Ghana National Petroleum Corporation (GNPC) has said the new regasification plant being constructed at the Tema Liquefied Natural Gas (LNG) Terminal will safeguard the country’s future energy needs and usher in an era of cheaper gas.
Afreximbank has moved into an era of a structured financial model to support both upstream and downstream operators in Africa’s oil and gas industry.
Helium One appoints Mitchell Drilling as contractor for its three well exploration programme in Tanzania
Helium One has agreed contract terms with Mitchell Drilling for completion of a three hole exploration programme at its 100% owned Rukwa project in Tanzania.
Zenith Energy announced that Zenith Energy Africa has now completed the acquisition of a 100 percent interest in the fully owned subsidiary of Candax Energy in Barbados, which holds a 45% interest in the Tunisian onshore Ezzaouia Concession.
TransGlobe Energy announces successful recompletion of SGZ-6X well in South Ghazalat concession, Egypt
TransGlobe Energy announced that the recompletion of Western Desert, South Ghazalat (SGZ-6X well), to the deeper, more prospective lower Bahariya reservoir, has been successfully concluded.
Chariot, the Africa focused transitional energy company, signed share purchase agreements for the acquisition of the business of Africa Energy Management Platform for consideration of up to $2 million payable primarily in Chariot Ordinary Shares.
Invictus Energy has received firm commitments from new and existing institutional and sophisticated investors to raise A$8.0 million (before costs) by way of a share placement.
Total Nigeria PLC (TNPLC) has highlighted how its Truck Drivers’ Initiative is improving road safety in Nigeria with continuous training and audits.
ADM Energy PLC , a natural resources investing company, has conditionally agreed to invest in the development of the Barracuda oil field in OML 141, an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria.
Two significant gas projects that are poised to take final investment decisions (FID) in Morocco this year could add 70mmcfd of natural gas to the country’s energy mix in the next five years
On the national territory, infrastructure construction of the Benin-Niger pipeline will create thousands of jobs which will make it effective in the next few weeks.
A cooperation agreement has been signed between Libya national hydrocarbons company Sonatrach and the National Agency for Support and Development of Entrepreneurship ANANDE.
[Column] Jamie Collard: Why explorers are not targeting more gas in response to the energy transition
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.
The Department of Petroleum Resources (DPR) has identified six key areas of operational excellence for Nigeria’s oil and gas industry, urging stakeholders to build a culture in these specific areas.
Renewables spending set for new record in 2021, luring service suppliers as oil and gas gap narrows, Rystad Energy
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.
A new partnership between Ashtead Technology and Ocean Atlantic Petroleum SA (OAP), has successfully executed its first marine services project in West Africa and has received award for further work.
3t EnerMech, a new strategic alliance between 3t Energy Group and EnerMech, has announced its first award, a significant contract with the UK Government, which will help to shape future training requirements for Mozambique's growing oil and gas workforce.
Tlou Energy, the company focused on generating cleaner power in Botswana and southern Africa using gas and solar power, announced its intention to undertake an equity placement of £2.6 million.
In relation to the Nigeria-OPL 245 trial, Eni has welcomed the judgment of full acquittal of all charges, since there was no case, by the Court of Milan.
First gas has been delivered through this pipeline to Rite Foods Limited, the manufacturer of Bigi Drinks, Rite and Bigi Sausages, and Fearless Energy Drinks.
KARMOL, a joint venture between Karpowership and Mitsui OSK Lines, said its first floating storage regasification unit (FSRU) is set to begin sea trials off Singapore, ahead of its deployment to Senegal.
Zenith Energy announced that its wholly owned subsidiary Zenith Netherlands has signed an extension agreement in respect of the conditional sale and purchase agreement (SPA), for the acquisition of SLK from CNPC in Tunisia.
The Management of Dangote Oil Refinery is preparing young Nigerian graduates to take over the management of its 650,000 barrels per day single train refinery when it becomes operational in 2022.
Sercel, designer and manufacturer of high-tech solutions for subsurface exploration, announced that its high-performance equipment is currently being deployed on another 3D mega-crew survey, this time by a major North African geophysical company.
Zenith Energy, announced that Zenith Energy Africa has entered into a share purchase agreement with Candax Energy for the acquisition of a 100% interest in Candax's fully owned subsidiary, which holds a 45% interest in the Ezzaouia Concession, Tunisia.
The drillship Maersk Venturer has sailed to Ghana and will start a four-year, multi-well program next month for Tullow Oil and its partners.
Newly inaugurated President of the Nigeria Gas Association (NGA), Ed Ubong, has said there are abundant gas resources in Nigeria to meet the energy demand of over 350 million people.
In order to ensure the DRC’s supply of cooking gas, the State is currently piloting a project that, once completed, will also help protect the environment.
PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, announced an update to the reserves and contingent resources of its three production sharing agreements in PNGF Sud in Congo Brazzaville.
PetroNor, the independent oil and gas exploration and production company with a focus on sub-Saharan Africa, announced a contemplated equity private placement by issuing new shares in the Company through an accelerated book-building process.
[Angola] Sonangol partners with Total and Greentech for the construction of the Quilemba Solar Power Station
Sonangol, through its Business Unit Gas and Renewable Energy, has signed the Head of Terms agreement with Total Eren and Greentech, referring to the construction project of the Central Energy Photovoltaics "Quilemba Solar".
Total and Microsoft announced an agrrement to collaborate as strategic partners to further digital transformation and support progress toward net zero emissions.
As previously announced, Aminex completed the Farm-Out agreement with ARA Petroleum Tanzania ('APT') which has assumed Operatorship of the Ruvuma PSA.
Saipem awarded by Libya National Oil Corporation a consulting services contract for Benghazi Oil Technical Center project
Saipem has been awarded a Consultancy Service Contract by Libya National Oil Corporation (NOC) for the development of the Benghazi Oil Technical Center (BOTC).
The liquefaction plant, owned by SEGAS, with a capacity of 7.56 billion cubic meters per year, which has been idle since November 2012, has resumed production.
In a bid to develop gas-fired power generation, Ghana is set to become sub-Saharan Africa’s first liquefied natural gas (LNG) importer, with the Tema LNG terminal ready to receive its first cargo by the end of the first quarter of 2021.
Under the agreement between OCP, NSIA and the Nigerian National Petroleum Corporation (NNPC), Nigeria will import phosphate from the Kingdom of Morocco and use it to produce blended fertiliser for the local market and export.
Cairn Energy announces proposed acquisition of production, development and exploration interests onshore Egypt
Cairn, together with Cheiron, announced the proposed acquisition of a portfolio of upstream oil and gas production, development and exploration interests in the Western Desert, onshore Egypt.
The South African Department of Mineral Resources and Energy (DMRE), announced the merger of Central Energy Fund (CEF) subsidiaries iGas, PetroSA and the Strategic Fuel Fund (SFF).
Total acts in transparency on social and environmental stakes of the Lake Albert resources development project in Uganda and Tanzania
In accordance with its guiding principle of transparency in engaging with civil society, Total published the studies, independent third-party reviews and social and environmental action plans related to the Tilenga project in Uganda.
Shearwater GeoServices announced the award of a 4D monitor marine seismic acquisition survey by Total E&P Angola.
Noble Energy EG Ltd. (a Chevron Company) has achieved first gas flow from the safe and successful execution of the Alen Gas Monetization Project.
United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets has announced the spudding of the ASD-1X exploration well in the Abu Sennan Licence , Egypt.
Libya, which has been rocked by nearly a decade of political conflict, is gradually introducing more optimized management of its marine oil transport sector to stimulate its economy.
Gulf Capital, a growth markets alternative investment firm, announced the successful and full exit of its investment in ECDC, an oil & gas drilling and production services provider in the Middle East and Africa.
SDX Energy announced it has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031.
TDI-Brooks International has completed Environmental Baseline Studies (EBS) for both Cabinda Gulf Oil Company (CAGBOC) for the Republic of Angola and ExxonMobil.
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.