Kinetiko Energy Achieves Milestone with Successful Gas-to-Power Demonstration in South Africa

ASX-listed Kinetiko Energy has successfully demonstrated its ability to produce gas-to-power (GtP) from an onshore natural gas resource at its Amersfoort project in Mpumalanga, South Africa. Kinetiko is focused on developing energy transition solutions for South Africa by commercializing advanced shallow conventional gas projects in the Mpumalanga, Free State, and KwaZulu-Natal provinces. “We are absolutely thrilled to have become the pioneers of onshore GtP from a local, conventional source, which represents another significant milestone for

Loading

Read More Here

Azule Energy Self-Finances Operations and Pays Dividends

Azule Energy, the joint venture formed in March 2022 by Italy’s Eni and the UK’s BP to merge their oil assets in Angola, successfully finances its operations independently and pays dividends to its shareholders. Vaar, an oil and gas company established in Norway with investment fund Hitec Vision, and Azule Energy operate with minimal dependence on their parent companies. According to Eni’s CFO Francesco Gattei, both companies fund their capital expenditures and maintain their own

Loading

Read More Here

Shell to Establish Gas Distribution Network in Nigeria

Shell Nigeria Gas (SNG) – a subsidiary of energy major Shell – and Nigeria’s Oyo State Government have signed a partnership to establish a gas supply and distribution network aimed at providing gas to industrial and commercial consumers within the state. The project comprises the construction of 15km of pipelines with a capacity to deliver 60 million standard cubic feet per day, with first gas expected by Q4, 2025. SNG will construct and manage the gas distribution

Loading

Read More Here

Mozambique’s Coral South FLNG Passes Performance Test

Mozambique’s Coral South floating LNG (FLNG) facility reached a critical milestone on Monday, successfully passing a performance test achieving production above 3.4 million tons per year. Dual mixed refrigerant LNG process technology and equipment developed by global industrial gases company Air Products passed the evaluation, enabling maximum efficiency, increased reliability and reduced environmental impact. In addition to its proprietary equipment and technology, Air Products provided technical advisory services for the installation, commissioning, start-up and performance

Loading

Read More Here

Mauritanian Government Opts Against Renewing bp’s Contract for BirAllah Gas Field

The Mauritanian government has decided not to renew international oil company bp’s contract for the exploitation of the BirAllah gas field, situated in the coastal basin of Mauritania. Although bp expressed interest in extending the contract to conduct additional feasibility studies for field exploitation, the Mauritanian government has chosen to initiate development work independently and is seeking a new partner for the project. bp, in partnership with American oil company Kosmos Energy, currently operates the

Loading

Read More Here

Eni Kenya BV Plans to Establish Biogas Facility in Kenya

Integrated energy company Eni Kenya BV plans to establish a biogas facility in Kenya that will utilize trash dumps from five major landfills across Kenya to generate energy for households. Awaiting government authorization, Eni Kenya BV’s proposal holds promise for addressing environmental hazards posed by dumpsites while simultaneously providing a renewable energy source. The company’s initiative aims to transform these dumpsite into sources of clean energy. “In 2023, in support of the subsidiary Eni Kenya

Loading

Read More Here

ACWA Power to Conduct Study for Mauritanian Gas Pipeline

Saudi renewable energy company ACWA Power has been mandated by the Kingdom’s Ministry of Energy to conduct a feasibility study for the construction of a natural gas pipeline in Mauritania. The proposed pipeline will transport natural gas from the Greater Tortue Ahmeyim production site to the port of N’Diago for power generation purposes. The feasibility study also covers the construction of a gas-to-power plant, with the port serving as a distribution point for domestic electricity.

Loading

Read More Here

Licensing Rounds Fueling Sub-Saharan Africa’s O&G Expansion

Africa is making strides to expand its oil and gas reserves, with multiple countries introducing new licensing rounds and accelerating ongoing ones. Sub-Saharan Africa is expected to spearhead this growth, with more than 11 licensing rounds planned for 2024 and 2025. Nigeria Unveils 2024 Deepwater Bid Round The Nigerian Upstream Petroleum Regulatory Commission launched the Nigeria License Round 2024 in April 2024, offering 19 oil and gas blocks. The round includes 12 new oil blocks and seven

Loading

Read More Here

Upcoming High-Impact Wells Unlocking Africa’s Offshore Potential

Recent oil and gas discoveries throughout the continent, including Namibia’s Mopane 1X and 2X, are spurring new drilling campaigns and investments across Africa. Global E&P companies are ramping up exploration activities to unlock fresh reserves and maximize the Africa’s offshore potential with a number of high-impact wells planned for 2024 and 2025. Up to 70% of wells drilled in Africa will be in frontier and emerging basins. Set to dominate the global high-impact well drilling

Loading

Read More Here

Höegh LNG Secures Deal to Deploy FSRU in Egypt

Egyptian Natural Gas Holding Company (EGAS) has signed a 20-month agreement with energy infrastructure firms Höegh LNG and Australian Industrial Energy (AIE) to deploy a Floating Storage and Regasification unit (FSRU) in Ain Sokhna, Egypt. Höegh LNG will provide its FSRU unit, Hoegh Galleon, for use in Egypt from June 2024 to February 2025. Afterward, the unit will be deployed to Port Kembla in Australia under a 15-year contract with AIE.Top of Form Bottom of

Loading

Read More Here

1 33 34 35 36 37 87