An initiative for a green hydrogen exploration project in Barra do Dande, Bengo province, is set to commence in 2024, announced President João Lourenço during a panel discussion at the 3rd Luanda Biennale. The endeavor, to be developed in collaboration with Sonangol, the Ministry of Mineral Resources, Oil and Gas, and a German company, aims to cater to the domestic market while exporting green energy to Europe and other global consumers. President Lourenço emphasized the
Minister of Mineral Resources, Oil, and Gas, Diamantino de Azevedo, stressed the imperative for companies in the sector to engage closely with neighboring communities by initiating social projects that contribute to local development. During the launch of construction for 300 social housing units aimed at resettling families near the Luele mining area in Saurimo, the minister underscored the significance of companies not only fulfilling financial obligations but also assuming social responsibilities and collaborating with local
Oil and gas exploration and production company Rhino Resources Namibia has submitted an Environmental Clearance Certificate application to Namibia’s government to drill up to 10 exploration or appraisal wells in Block 2914 in the southern African country’s offshore Orange Basin. Rhino Resources Namibia and its partners currently hold a Petroleum Exploration License for Block 2914A and is proposing to drill exploration and appraisal wells within the Block to confirm and test the presence of hydrocarbon
Libya’s parastatal National Oil Corporation (NOC) has exported its first shipment of Erawin crude oil. Produced from the Erawin onshore field, the crude oil had been exported through oil and gas exploration company, Zallaf Libya Oil and Gas. Announced on 16 November, the inaugural shipment was estimated at 600,000 barrels and was exported through the Port of Zawiya in northwestern Libya. Production at the Erawin field commenced in March 2023 with an initial production rate
The equipment testing and natural gas injection phase at the Temane Thermal Power Plant (CTT), in the Inhassoro district, in the southern Mozambican province of Inhambane, budgeted at 652.3 million US dollars, may commence in May next year. The CTT is set to generate 450 megawatts of electricity using a combined cycle generation model based on natural gas, supplied to the publicly-owned electricity company, EDM, by the South African petrochemical giant SASOL, which operates the
Upstream oil company Kosmos Energy will collaborate with Senegal’s government and National Oil Company, Petrosen to develop an offshore Liquefied Natural Gas (LNG) facility for the country’s flagship Yakaar-Teranga gas project. The development concept will focus on the delivery of cost-competitive gas to Senegal’s domestic market combined with exports to international markets. Serving as one of the world’s largest gas discoveries in recent years and holding an estimated 25 trillion cubic feet of natural gas
Oil and gas exploration company Eco (Atlantic) Oil & Gas has received approval from Guyana to acquire a 60% interest in the country’s offshore Orinduik Block from independent oil and gas exploration and production company Tullow Oil. The company will assume operatorship of the block through an upfront payment of $700,000 and contingent consideration in the event of a commercial discovery. With approval from Guyana’s Minister of Natural Resources, Vickram Bharat, Eco (Atlantic) Oil &
Following the deadline for submissions for Angola’s recent onshore tender on November 15, 2023, the country received 53 bids. The round featured 12 blocks in the Lower Congo and Kwanza basins. Of the total 53 bids received by Angola’s national concessionaire, the National Oil, Gas and Biofuels Agency (ANPG), 22 bids were submitted for four blocks in the Congo Basin. These included CON 2, CON 3, CON 7 and CON 8. Block CON 8 alone
Africa’s natural gas industry is set to see gradual year-on-year (YoY) growth in 2024, with Liquefied Natural Gas (LNG) flows alone expected to show 8% YoY growth. According to a 2024 Outlook report released by the African Energy Chamber (AEC) – produced in partnership with global market intelligence firm Rystad Energy – given the continent’s strong trade ties with Europe, existing infrastructure and substantial natural gas potential, Africa has the potential to become a much
The National Oil, Gas and Biofuels Agency (ANPG) and the José Eduardo dos Santos University signed, last week a Memorandum of technical and scientific cooperation to support companies in the oil sector. The signing of the Memorandum took place during the workshop that dealt with the strategy for launching the biofuels sector, within the scope of implementing the obligations of the recently approved Kyoto Protocol. The head of ANPG’s Energy Integration and Biofuels Department, Vita
