Africa’s leading oil and gas event sees the strongest presence of Ministers and Government officials Libya’s Minister of Oil and Gas, Hon. Mohamed Mahemed Oun is amongst over 30 ministers Africa’s leading oil and gas event sees the strongest presence of Ministers and Government officials attending Africa Oil Week 2022 (https://Africa-OilWeek.com). Africa Oil Week is thrilled to announce Hon. Mohamed Mahemed Oun’s attendance at the leading Oil and Gas event in South Africa’s Cape Town.
On the first day of South Sudan Oil & Power 2022, Djibouti’s Minister of Energy and Natural Resources signed a memorandum of understanding with South Sudan’s Minister of Petroleum to enhance cooperation across the energy sector for both countries The South Sudan Oil & Power (SSOP) 2022 conference and exhibition, taking place this week in Juba, is centered around the role the country plays as a gateway to East African energy development, and as such,
Representing the voice of the African energy sector, the African Energy Chamber supports HRH Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia, in his call for oil and gas market stability The current global oil and gas market is in a state of flux, with price volatility, demand fluctuations and thin liquidity causing unprecedented impacts on the entire energy value chain. At the same time, a number of producing markets in Africa are
Angola’s New Gas Consortium – comprising Azule Energy, Chevron, Sonangol and TotalEnergies – has awarded Italian multinational oilfield services company, Saipem, three engineering, procurement and construction (EPC) contracts. The contracts are for the development of the Quiluma and Maboqueiro (Q&M) fields located in the Lower Congo Basin, offshore Angola. The one onshore and two offshore contracts, estimated at a total $900 million, will see Saipem conduct EPC work including hook-up and commissioning assistance for the Quiluma platform.
Angola and the European Union are set to start talks for a trade deal this year after EU and African partners approved a request from the oil-producing nation to join a regional trade bloc, according to an EU document and an official. The green light to start negotiations came in late July, an EU document shows, shortly before the southern African country holds general elections next week. “We are now in a position to open
Last fall, I wrote (https://bit.ly/3zPqScP) about the importance of African governments doing everything they could to encourage international oil companies (IOCs) to continue operating in their countries. IOCs play an important role in supporting economic growth, job creation, capacity building, and knowledge sharing. Currently, two IOCs in particular — Azule Energy in Angola and Shell Petroleum Development Corporation of Nigeria (SPDC) — have tremendous promise to deliver those benefits on a long-term basis. Azule Energy,
The container terminal in the Port of Lobito is, since last Monday, benefiting from energy from the public grid, with the entry into operation of an energy transformation station. This station, which started eight years after it was inaugurated, has a capacity of 15 kilovolts and will ‘illuminate’ the light poles to simplify work at night. In addition, it will also make the heaviest cranes work. This equipment had an investment of around 65 million
Angola, which recently became Africa’s largest oil producer, is seeking to add more value across the commodity exports spectrum by partnering with the Africa Finance Corporation as a shareholder and its 35th member state. With Angola’s natural resources in high demand as Europe seeks alternative sources of fuel and foodstuff in the wake of the Ukraine-Russia crisis, the partnership with AFC will help to drive the nation’s next growth and development phase, said Finance Minister Vera Daves. ”Membership of AFC
According to the Minister of Energy and Water, João Baptista Borges, the replacement of thermal energy by solar energy represents a saving of 275 million liters of diesel per year for the country. The head of the Energy portfolio spoke to the press at the inauguration of the Biópio photovoltaic power plant, in the municipality of Catumbela, in the province of Benguela. The Biópio photovoltaic plant, as well as the Baía Farta plant, inaugurated this
MCA Group is strongly committed to carrying out its strategy of consolidating Angola’s new energy matrix, which will allow the installation of seven photovoltaic parks in six provinces in the south of the country. Through Data consulted Angola indicate that the Portuguese company takes an effective role in promoting green energy and environmental sustainability. of solar resource in Angola, with an average annual global radiation in horizontal plane between 1370 and 2100 kWh/m2. Based on
