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Africa’s immense energy potential

Africa’s immense energy potential

Africa’s immense energy potential With parts of Africa grappling with access to electricity, the energy sector provides great opportunity. European countries have been vocal about plans to boost clean, smart, and secure investments in Africa’s energy sector, with the European Union’s Global Gateway Initiative aiming to mobilise more than €150 billion across the continent by […]

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Gas-to-power for Zimbabwe mine

Gas-to-power for Zimbabwe mine

Gas-to-power for Zimbabwe mine A gas-to-power project will generate electricity to power operations at the Eureka Gold Mine in Zimbabwe. Australian based oil and gas company Invictus Energy has signed an Memorandum of Understanding (MoU) with mine operator Dallaglio Investments and power generation firm Himoinsa Southern Africa for a gas-to-power project in Zimbabwe. The project

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Opportunities for Angola/Brazil collaboration

Opportunities for Angola/Brazil collaboration Angola’s privatisation has opened opportunities for investors. Brazil is a strategic partner. Brazil’s trade with Africa surged by 33.7% in 2022, reaching nearly USD21.5-billion, up from USD15.9-billion in 2021. This increase presents an opportunity for Angola to deepen its economic ties with Brazil as the country aims to increase oil production

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Nigeria’s offshore gas revival

Nigeria’s offshore gas revival New offshore drilling and deepwater development projects are driving Nigeria’s oil and gas industry. Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetise its gas resources and become a leading Liquefied Natural Gas (LNG) exporter to global markets. The USD5-billion Nigeria LNG Train

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Mozambique back on the map

Mozambique back on the map Mozambique is back on the map. First French energy firm TotalEnergies announced late last year that it plans to restart the long-delayed USD20-billion Mozambique liquefied natural gas (LNG) project in the first quarter of this year. Work on the project was halted in 2021 after an insurgency led by Islamic State-linked militants

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Africa’s gas sector starts building momentum

Africa’s gas sector starts building momentum The recently signed liquefied natural gas (LNG) development project in South Africa’s Mpumalanga province is a promising step on the long road to Africa’s just energy transition. By NJ Ayuk, Executive Chairman, African Energy Chamber The project, being jointly developed by Kinetiko Energy of Australia and the Industrial Corporation

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East Africa adopts diversified resource development strategy

East Africa adopts diversified resource development strategy East Africa is home to both mature renewable producers and frontier oil and gas markets, which will be on display at the upcoming Invest in African Energy 2024 forum in Paris. Boasting an abundance of renewable resources, East Africa has garnered substantial attention from major international players within

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USD13.5-trillion needed to be carbon neutral by 2050 says WEF

USD13.5-trillion needed to be carbon neutral by 2050 says WEF Transitioning to a more sustainable and carbon-neutral future, USD13.5-trillion in investments will be needed by 2050, particularly in the production, energy and transport sectors, according to a new World Economic Forum report. The Net-Zero Industry Tracker 2023, published in collaboration with Accenture, takes stock of

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MSGBC panel to discuss Africa’s role in energy transition

MSGBC panel to discuss Africa’s role in energy transition In the lead up to COP28 the closing panel at this year’s Mauritania, Senegal, Gambia, Guinea-Bissau, and Guinea-Conakry (MSGBC) Oil, Gas & Power conference, will reflect on the outcomes of COP27 and Arica’s role in sustainable development and climate financing.   The third edition of this conference,

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Environmental surveys scrutinise energy site offshore Namibia

Environmental surveys scrutinise energy site offshore Namibia  Extensive environmental and geophysical surveys offshore Namibia have been conducted on a remote site which is key to future energy operations in the region.    Portuguese energy corporation Galp awarded multinational company Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. Fugro is a Dutch public company

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Nigeria’s fight against gas flaring

Nigeria’s fight against gas flaring Nigeria is aiming to eliminate the need for routine flaring over the next few years. A key component in that challenge is accurate measurement. Global company Fluenta, specialist in ultrasonic sensing technology for measurement of flare gas, has completed work on the Dangote Refinery in Nigeria (Africa’s biggest oil refinery)

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Natural gas represents tremendous opportunities for Africa

Natural gas represents tremendous opportunities for Africa Although Africa’s natural gas production is expected to remain relatively flat over the next two years — increasing only slightly, from 268 billion cubic meters (bcm) today to 272 bcm in 2025 — there’s room for optimism about the continent’s potential, according to the African Energy Chamber’s (AEC)

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Minister says economic growth in Angola will be driven by oil sector

Minister says economic growth in Angola will be driven by oil sector According to Angola’s Minister of Economy and Planning the country foresees economic growth of 3.6% between 2023 and 2027, driven primarily by positive performance in the oil sector. Angola’s Minister of Economy and Planning, Mário Caetano João, says that the southern African country

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Congo lays foundation to become major LNG exporter

Congo lays foundation to become major LNG exporter  In a significant development for the Republic of Congo’s energy sector, President Denis Sassou Nguesso, and Claudio Descalzi, CEO of global energy major Eni lay the foundation stone for the Congo Liquefied Natural Gas (LNG) project last week.    The initiative represents the country’s inaugural venture into

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South Africa could clean up its fossil fuels on the long road to net-zero

South Africa could clean up its fossil fuels on the long road to net-zero South Africa’s reliance on fossil fuels is a given for now, but it is entirely possible to clean up the country’s energy act while transitioning to a carbon-free future. The South African Cleaner Fossil Fuels Roadmap outlines the way. Cleaner fossil

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Kinetiko’s core well indicates potential for large gas field in South Africa

Kinetiko’s core well indicates potential for large gas field in South Africa Australian gas explorer and developer Kinetiko Energy could stand on the cusp of a significant gas discovery at one of their core wells close to Volksrust in the Mpumalanga province of South Africa. Kinetiko is focused on advanced shallow conventional gas and coal

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Africa needs to embrace carbon trading

Africa needs to embrace carbon trading The climate projects that benefit from this system range from reforestation and forest conservation to renewable energy and carbon-storing agricultural practices By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org) One of the most promising outcomes of the COP27 climate conference last November was the launch of the African

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Perenco’s FID a step forward to achieve fuel security in West Africa

Perenco’s FID a step forward to achieve fuel security in West Africa   Independent oil and gas company, Perenco, has taken a final investment decision for a 700,000-ton Liquefied Natural Gas facility in Gabon, signalling new opportunities for fuel security in Africa. Following a series of industry achievements (https://apo-opa.info/31Gro9Q) by Perenco in the last year,

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MSGBC region in West Africa attracts global energy investors

MSGBC region in West Africa attracts global energy investors The MSGBC region (Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry), has emerged as an increasingly attractive destination for global energy investments in recent years. Owing to prolific oil, natural gas and renewable resources, a stable and transparent business climate, and growing energy demand, global investors are

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Africa’s energy transition – a just transition or a fair transition?

Africa’s energy transition – a just transition or a fair transition? The energy transition and the restructuring of global natural gas supply sources following the Russian invasion of Ukraine—are shaping the future of Africa’s gas sector. By Liz Hart, Managing Director Africa Energy Indaba The energy transition offers bright options for several affected countries should

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Namibia at the forefront of Africa’s energy boom

Namibia at the forefront of Africa’s energy boom  With an integrated hydrocarbon and renewable energy strategy combined with promising oil and gas discoveries, Namibia is at the forefront of Africa’s energy boom.      Namibia showcased investment opportunities in the development of its Kudu gas field, the exploration of the highly prospective Orange Basin and developing

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New milestone for gas project in Mauritania and Senegal

New milestone for gas project in Mauritania and Senegal    Global energy major, BP, and project partner Technip Energies have reached a new milestone regarding the development of the Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project located offshore Mauritania and Senegal. This week, the project partners announced that the floating production storage and

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Managing waste in Angola’s oil sector

Managing waste in Angola’s oil sector As sub-Saharan Africa’s second-largest oil producer, Angola has seen the application of world class waste management standards in its oil and gas sector. Most of the waste from the offshore platforms comprises drill cuttings, which emanate from many kilometres of offshore exploration drilling. According to Bruce Engelsman, principal engineer

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African parliamentarians support East Africa Crude Oil Project

African parliamentarians support East Africa Crude Oil Project The Motion for a Resolution of the Pan African Parliament (PAP) to support the East African Crude Oil Project was adopted by the PAP under Rule 60 of the Rules of Procedure of the PAP. The motion was brought before the PAP by Hon. Okot Ogong Felix from Uganda.

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