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Category: Gas

Local Gas Oil

Minister of Oil and Gas Unveils Falcão Project’s Second Phase Inauguration

Minister Diamantino Pedro Azevedo underscored the significance of Sonangol’s “Falcão 2” Gas Reception and Distribution Unit (URDG) in Soyo, Zaire, marking a crucial stride toward completing the ammonia and urea factory, pivotal components of fertilizer production. Addressing the inauguration of the facility that will process and manage 50 million cubic feet of gas daily, supplied by Angola LNG to fuel the Soyo I Combined Cycle power plant, Minister Azevedo urged the Sonangol and Opaya consortium—tasked

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Local Gas News

Sonangol Advances Natural Gas Use for National Development

Gaspar Martins, Sonangol’s Board Chairman, lauded the Falcão 2 project as a commitment to Angola’s development agenda, emphasizing the strategic use of natural gas for clean energy and raw material in petrochemical endeavors. He underscored the project’s role in fostering an energy transition by curbing gas burning and reducing greenhouse gas emissions. Martins highlighted Falcão 2’s significant contribution, providing 75 million cubic feet of gas to the upcoming “Amofert” fertilizer factory, set to produce 1.2

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International Gas Oil

Indonesia’s Pertamina terminates LNG purchase Contract with Mozambique LNG

The Indonesian state oil company Pertamina has cancelled its 20-year contract to purchase liquid natural gas (LNG) from Mozambique LNG, a TotalEnergies led project, suspended since 2021 due to the terrorist attacks in Cabo Delgado. According to the Argus website, which specialises in energy matters, an agreement signed in 2019 provided for the export to Indonesia of one million mtpa (million tons per year) of natural gas over 20 years. “There is no [penalty], because

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International Gas News

Top 5 Gas Flaring Reduction Projects to Watch in Libya

Libya’s National Oil Corporation (NOC) has been vocal about its intent to decarbonize energy sector activities. Emphasizing the reduction of gas flaring, the country aims to achieve net-zero emissions by 2030, supported by several initiatives led by Libya’s leading operators. By creating economic pathways to gas monetization, particularly for marginal fields in which gas flaring is a common practice, producers can capture more value from their resources, while eliminating a significant source of greenhouse gas

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Mining Gas Local News Oil

First Oil well to be Drilled in Nambile in 2024

The Ministry of Mineral Resources, Oil, and Gas convened a crucial seminar in Moçâmedes since Monday December 11th, focusing on investment prospects within Namibe province’s sector. Notably, this gathering anticipates the imminent commencement of offshore oil exploration. Under the theme “Sustainable Exploration of Mineral Resources, Oil, and Gas,” the seminar concludes today following comprehensive presentations on the province’s potential. The agenda featured an exhibition spotlighting equipment crucial for preventing and managing oil spills during exploration.

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Gas International News Oil

Invictus Energy Announces Gas Discovery Onshore Zimbabwe

Australian-listed independent oil and gas company, Invictus Energy, has made a gas discovery at the Mukuyu-2 well in Zimbabwe. Representing the second exploration well drilled at the onshore Cabora Bassa Project, the find has opened up the basin, which represents one of the largest underexplored interior rift basins in Africa. Located seven kilometers from the Mukuyu-1 well, the Mukuyu-2 well was spudded in Q3 2023, with a total of four hydrocarbon samples recovered from two

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Local Gas News Oil Petroleum

TotalEnergies Inks Methane Reduction Agreement with Sonangol

French multinational energy corporation, TotalEnergies, signed a cooperation agreement with Angolan national oil company (NOC), Sonangol, during COP 28 in Dubai to support the detection and reduction of methane emissions in Angola’s oil and gas industry. The agreement enables Sonangol to utilize TotalEnergies’ Airborne Ultralight Spectrometer for Environmental Applications (AUSEA) technology – a miniature dual sensor capable of detecting methane and carbon dioxide emissions. Developed by the French major alongside partners Centre national de la

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Gas Local News Oil

New Gas Unit set for Inauguration in Zaire

The Gas Reception and Distribution Unit (URDG) of the Falcão project’s Phase 2, located in Zaire province’s municipality of Soyo, is set to be inaugurated on December 14th by the Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo. URDG’s primary objective is to receive and process natural gas from the Angola LNG plant, catering to various end users such as power generation, fertilizer factories, and petrochemicals. Moreover, this facility aims to expand the industrial

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Energy Gas Local News Oil Petroleum

Azule Energy Joins Global Efforts for Oil and Gas Sector Decarbonization

Azule Energy, an Angolan company, has recently become a signatory to the Global Oil and Gas Decarbonization Charter (OGDC), aligning with efforts aimed at advancing climate action within the oil sector. The OGDC Charter was unveiled during COP28, the International Climate Summit, held in the United Arab Emirates from November 30th to December 12th. With over 50 companies on board, representing 40% of global oil production, this initiative has seen National Oil Companies (NOC) comprising

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International Energy Gas News Oil

COP28: Mozambique launches Energy Transition Strategy at Climate Change Summit

Mozambican President Filipe Nyusi launched on Saturday 2nd December, in Dubai, the Energy Transition Strategy for 2023-2030, an initiative intended to place the country at the forefront of climate innovation, as well as making it an attractive investment destination. The launch took place during a panel at the United Nations Climate Change Summit, COP 28. “The Strategy’s mission is to leverage Mozambique’s abundant renewable and natural resources to accelerate the implementation of a low-carbon development

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