You are Here

Category: Gas

Energy Economy Gas Local Oil

Opportunities for Service Companies in Angola’s Energy Industry

Across the entire oil and gas value chain, both local and international service providers stand the chance to not only contribute to but drive the growth of Angola’s oil and gas industry. From detailed engineering services to procurement of equipment to technical construction activities, development opportunities are abundant.   Supporting Successful Upstream Projects Angola’s upstream oil and gas sector is poised for growth on the back of major new hydrocarbons discoveries in the country’s ultra-deepwater offshore acreages.

Loading

Read More Here

Local Economy Gas News

Mecwide Completes Gas Plant Construction in Angola

Construction engineering company, Mecwide, has completed construction of a gas reception and distribution unit for the Falcão 2 Project in Zaire Province, Angola. With a price-tag of $46 million, the unit will handle approximately 50 million cubic feet of gas per day. Announced on 23 January, the gas reception and distribution unit serves as Mecwide’s largest project in Angola. Development activities for the project included detailed engineering, procurement of piping and equipment, pre-fabrication and assembly,

Loading

Read More Here

Local Diamonds Economy Gas Mining News Oil

Rio-Tinto Signs Second Mining Investment Contract with Angola

On the 17th of January, 2024 the English-Australian mining giant, Rio Tinto signed a mining investment contract with the Angolan Ministry of Mineral Resources, Oil and Gas in Luanda. The $5.7 million USD deal will grant Rio Tinto a 35-year exploratory license for the Moxico Concession. According to the company’s website, the exploration will primarily be seeking base metals such as copper, zinc, cobalt and titanium. The contract calls for an initial 5 years of

Loading

Read More Here

International Gas News Oil

EACOP Developers Seek $3B to Close Debt Financing Deal

Another three billion dollars in debt financing is required for the financial close of the five-billion-dollar East African Crude Oil Pipeline (EACOP), according to TotalEnergies’ shareholders meeting records for 2023. Designed to transport crude oil from Lake Albert in Uganda to the Port of Tanga on the Tanzanian coast, the 1,443-km megaproject is currently in its Engineering, Procurement and Construction phase and is estimated to be at least six months away from a Final Investment

Loading

Read More Here

International Gas News

South Africa Reintroduces Gas Amendment Bill

South Africa’s Department of Mineral Resources and Energy has published a Gas Amendment Bill to bring legislation in line with more recent government policies and developments in the country’s gas sector. The amendment bill, which has been made available for public comment, is expected to expand South Africa’s gas industry by addressing sustainability and competitive trade, while facilitating integrated energy projects as part of the sector’s development goals. The document establishes new regulations aimed at

Loading

Read More Here

Local Gas News Oil Petroleum

Sonangol Launches International Fuel Supplier Competition for 2024-2025

Sonangol announced, in a statement, on Wednesday January 17th, that it had launched an international competition to select fuel suppliers to the country for the period from April 1, 2024 to March 31, 2025. In the document, the company declares that it has launched a limited tender, for which it invited 14 companies, of which some will be selected to conclude contracts to supply gasoline and diesel in the form of on-site delivery. Competitions of

Loading

Read More Here

Economy Gas Local News Oil

Angola Signs 3 Cooperation Agreements with Tanzania

Under efforts to strengthen bilateral relations, Angola and Tanzania signed three Memoranda of Understanding (MoU) in Zanzibar on January 16. The agreements include a cooperation MoU related to the oil and gas industry; an MoU for the waiver of visas and passports for diplomatic and professional holders; and a cooperation document in the health sector. In addition to the agreements, the countries agreed to explore new avenues for collaboration in areas such as air travel

Loading

Read More Here

International Gas News

Cheap US gasoline heads to Australia, Mozambique in rare shipments

Cheap gasoline from a supply glut along the U.S. Gulf Coast has reopened far-flung markets including Australia and Mozambique to exports of the U.S. fuel. U.S. gasoline demand at the end of December fell to the lowest in a year. Stocks in PADD 3 along the Gulf Coast were up 9.5% over a year earlier at the end of last month as refiners cranked up production after fall maintenance outages. A cargo of U.S. gasoline

Loading

Read More Here

Gas International News

Nigeria: Construction Begins on $2.5B Gas Distribution Project

Nigerian integrated energy company, Optimera Energy LFZ Enterprise, has started construction on natural gas distribution infrastructure within the Lagos Free Zone. Under a 20-year Gas Infrastructure Development Agreement with the Lagos Free Zone Company, the project includes a 25-million standard cubic feet per day City Gate Station, a 10-km distribution line and a 6.5-km, ten-inch gas pipeline. The pipeline connects the Escravos – Lagos Pipeline System tie-in point in the Lekki Corridor to the Optimera

Loading

Read More Here

Gas International News

Nigeria’s ANOH Gas Plant Achieves Mechanical Completion

Installation works for the ANOH Gas Processing Plant – located in OML 53 in Nigeria – reached mechanical completion on December 19, 2023, Nigerian independent oil and gas company Seplat Energy announced. Drilling and hook-up of the upstream wells, essential third-party infrastructure, the OB3 pipeline river crossing and Spur Line has also been completed, with the third and fourth wells – ASSN-05 and ASSN-06 – completed. The next step before plant commissioning and the start

Loading

Read More Here

1 … 40 41 42 43 44 … 86