Angola is home to significant upstream potential, as demonstrated by the sharp contrast between its proven and estimated reserves: 9 billion versus 57 billion barrels of oil and 11 trillion versus 27 trillion cubic feet of natural gas. Its three major basins – Kwanza-Benguela, Namibe and Lower Congo – hold development opportunities across each stage of the exploration life-cycle, from frontier exploration to mature producing areas. As oil and gas explorers seek prospects with lower
The AEC believes The Sentry’s report is a classic case where there is a sinister rush to judgment, an obsession to taint an African Energy Company, Trinity Energy and the South Sudan oil industry The African Energy Chamber rejects the accusations made by The Sentry as misleading, disrespectful, and unfair to South Sudan and Trinity Energy. The AEC believes The Sentry’s report is a classic case where there is a sinister rush to judgment, an
Thierno Seydou LY, Director General for Senegalese national oil company (NOC), Petrosen, will participate at the 2023 edition of the MSGBC Oil, Gas & Power conference and exhibition as a keynote speaker. During the event, Seydou will share the NOCs action plan for the upstream sector following the milestone of first oil and gas production, expected late 2023, as well as insight into progress made regarding local content, gas-to-power and other investment opportunities across the Senegalese
Since the first edition of Angola Oil & Gas in 2019, the conference and exhibition has hit several milestones Representing the country’s premier event for the oil and gas sector, the Angola Oil & Gas (AOG) conference and exhibition has celebrated several major milestones since the first edition took place in 2019. Organized by Energy Capital & Power (ECP), AOG serves as the official meeting place for Angola’s energy sector. The event has kickstarted a new
AOG 2022 International Conference Director Miguel Artacho shares insight into the outcomes of the 2022 conference, what delegates can expect from this year’s edition and why Angola represents the destination of choice for investors in 2023 and beyond The Angola Oil & Gas (AOG) conference and exhibition represents the country’s premier event for the oil and gas industry. International Conference Director for the 2022 edition of the conference, Miguel Artacho, provides insight into AOG 2022, what
The African Energy Chamber (AEC), the voice of Africa’s energy sector, has announced that Egbert Faibille, CEO of the Petroleum Commission of Ghana, will speak at the Invest in African Energy Reception in Dubai on March 30, an event hosted with the aim of providing investors from the United Arab Emirates (UAE) an opportunity to connect with African executives and explore new partnership possibilities. Faibille will accompany Hon. Matthew Opoku Prempeh, Ghana’s Minister of Energy,
As a pioneer in the development of FLNG solutions, Technip Energies is not only consolidating its position as a global LNG service company but is positioning Mozambique as a competitive gas economy With over 100 trillion cubic feet (tcf) of proven natural gas reserves, Mozambique has quickly emerged as one of the most attractive gas plays worldwide, with three large-scale project developments placing the country on a positive trajectory towards long-term economic growth. While offshore
The African Energy Chamber is countering yet another argument in the onslaught of calls for Africa to give up oil and gas production. This time, it’s the idea that oil and gas projects in our continent are worse for the climate than those in other regions of the world. The argument was a major point in a June 2022 article by global management consulting firm McKinsey. In “The future of African oil and gas: Positioning
As the world shifts towards a net-zero carbon future, International Oil Companies (IOCs) are faced with the challenge of aligning their operations with global sustainability goals. The pathway to achieving a net-zero economy requires IOCs to explore new technologies, invest in renewable energy sources and adopt more sustainable practices throughout their operations. By embracing this energy transition, IOCs can contribute to a cleaner and more sustainable future for all. Speaking at the 2023 edition of the African
The executive president of the distributor of fuels and other oil derivatives Pumangol, Ivanilson Machado, declared that, despite the current circumstances of difficult balancing of the economic balance due to the difficulties inherent in subsidizing fuel prices, due to the delay in liberalizing prices, the company remains committed to developing its sustained growth strategy. Evanilson Machado made these statements on the sidelines of the inauguration of the company’s 80th filling station, in Luanda, at the
