BP and ADNOC Form Joint Venture to Enhance Natural Gas Operations in Egypt

British Petroleum Exploration, a subsidiary of BP, has partnered with ADNOC International Limited to establish a joint venture that will acquire specific rights to BP’s natural gas concession contracts in Egypt. This collaboration, disclosed to the Egyptian Competition Authority (ECA), focuses on the exploration, extraction, and marketing of natural gas and condensates from designated fields in the country. In August, the Ministry of Petroleum and Mineral Resources announced that the Egyptian Natural Gas Holding Company

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Algeria Initiates Talks for Strategic Trans Saharan Gas Pipeline to Europe

Algeria, along with two other African nations, is set to resume discussions to advance the Trans Saharan Gas Pipeline (TSGP), a proposed 4,000 km gas pipeline aimed at delivering natural gas to Europe. Algerian Energy Minister Mohamed Arkab announced plans to meet with the oil ministers of Nigeria and Niger to discuss the project’s progression. Following a meeting with Niger’s Oil Minister, Sahabi Oumarou, Arkab described the TSGP as a “strategic” initiative poised for realization.

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TotalEnergies Awaits Mozambique Election Outcome Before Resuming LNG Project

Mozambican President Filipe Nyusi believes that French oil and gas giant TotalEnergies is waiting for the results of the upcoming presidential, parliamentary, and provincial elections, scheduled for 9 October, before restarting its liquefied natural gas (LNG) project in Cabo Delgado province. Speaking to reporters on Tuesday at the end of a four-day visit to New York, where he attended the United Nations General Assembly, Nyusi noted that TotalEnergies remains committed to resuming the project but

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ExxonMobil Set to Finalize Natural Gas Extraction Design in Cabo Delgado

Walter Kansteiner, Vice President of ExxonMobil, announced on Tuesday that the technical design for the natural gas extraction project in Cabo Delgado, northern Mozambique, is expected to be completed within the next year. ExxonMobil is spearheading the construction and operation of all future natural gas liquefaction facilities for the Rovuma Basin Area 4 deep-water block, which is located off the Cabo Delgado coast. This project is operated by Mozambique Rovuma Venture (MRV), a joint venture

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ExxonMobil to Finalize Technical Design for Mozambique Gas Project within a Year

ExxonMobil expects to complete the technical design of its natural gas extraction project in northern Mozambique within the next year, according to Walter Kansteiner, the company’s Vice President for International Government Relations. Kansteiner made the announcement yesterday in New York after a meeting with the Mozambican President, who was concluding a visit to the United States. “We have announced our Front End Engineering Design (FEED), which is our advanced engineering and design phase. This process

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ANPG to Offer 30 Oil and Gas Business Opportunities in 2025

The National Oil, Gas, and Biofuels Agency (ANPG) will present 30 business opportunities next year through the bidding of blocks in the Lower Kwanza and Benguela basins, as well as the permanent offer regime. Speaking at the launch gala of The Energy Year magazine’s 2024 edition in Luanda, ANPG Executive Director Alcides Andrade urged investors to explore these opportunities available in 2025. Andrade, quoted in an ANPG statement, announced that nine blocks will be available

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SonaGas Warns of Fire Hazards Near Soyo Gas Plant Amid Rising Forest Fires

SonaGas, a subsidiary of Angola’s national oil company Sonangol, has expressed concerns over the increasing fire risks posed by hunters and farmers near its gas reception and production facility in Soyo, Zaire province. These fires, primarily set for land clearing and hunting, threaten the safety of the Angola LNG plant and the turbines at the Soyo combined cycle power plant. Jacelino Pinto, the unit’s supervisor, warned that fires around the plant perimeter often send sparks

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MIREMPET to Hold Public Consultation on Angola’s Natural Gas Master Plan

The Ministry of Mineral Resources, Petroleum, and Gas (MIREMPET) will host a Public Consultation on October 21st in Luanda to gather input on the Natural Gas Master Plan (PDG). This plan is a strategic framework designed to develop a comprehensive value chain in Angola’s natural gas sector, aiming to maximize socioeconomic benefits while minimizing environmental impacts. The development of the PDG is a key priority of the National Development Plan (PDN) 2023-2027. According to an

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Nigeria and Libya in Talks Over New Regional Gas Pipeline

The Nigerian government has initiated discussions with Libya regarding a potential gas pipeline linking the two nations. Nigeria’s Minister of Petroleum (Gas), Ekperikpe Ekpo, announced this during a meeting with Libya’s Minister of Oil, Dr. Khalifa AbduAlsadik, at the Gastech Exhibition and Conference 2024 in Houston, USA. Ekpo stated that the proposed gas pipeline would start in Nigeria and extend to Libya, aiming to enhance energy cooperation between the two countries. He shared the update

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Egypt Aims to Restore Gas Production by Summer 2025 Amid Debt Resolution Efforts

On Thursday, September 19, 2024, Egyptian Prime Minister Mostafa Madbouly announced plans to restore natural gas production by next summer as the government works to resolve its outstanding debts to production companies. At a news conference, Madbouly explained that declining production was linked to arrears but did not specify the amount owed or the timeline for repayment. In March, sources told Reuters that the government had earmarked up to $1.5 billion to settle debts with

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