You are Here

Category: Gas

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

Loading

Read More Here

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.

Loading

Read More Here

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

Loading

Read More Here

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

Loading

Read More Here

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

Loading

Read More Here

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

Loading

Read More Here

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

Loading

Read More Here

International Gas News

UK Development Bank Eyes African Gas Projects Potentially in Mozambique

UK development bank British International Investment is still willing to consider funding energy projects in Africa that run on natural gas if they increase electricity access on the continent, according to officials. As the world gears up for the next round of United Nations climate talks, which start in Dubai on Thursday, there’s growing pressure on financial institutions to stop supporting fossil-fuel projects. This has prompted concerns that the fight to tackle global warming could

Loading

Read More Here

International Energy Gas News Oil

Invictus Energy Extends Rig Contract Onshore Zimbabwe

Independent upstream oil and gas company, Invictus Energy, has extended its contract with European onshore drilling contractor, Exalo Drilling, for its Rig 202 by up to two years at the Cabora Bassa Project in Zimbabwe. The extension will enable Exalo Drilling to undertake maintenance on Rig 202, which will remain stacked at the Mukuyu-2 well, providing for the drilling and testing of future wells within the basin. “The contract amendment…underpins our confidence in the basin and provides us

Loading

Read More Here

International Gas Oil

Galp Kicks off PEL 83 Drilling in Namibia

Portuguese oil and gas company Galp has started drilling operations in the Mopane prospect complex, located in the southern area of the Petroleum Exploration License (PEL) 83 license in Namibia. Drilling kicked off with the spudding of the Mopane 2X well – the first of two wells set to be drilled in the license area. Galp is utilizing the Hercules semi-submersible rig, a sixth generation deepwater and harsh environment rig which operates in water depths

Loading

Read More Here

1 … 46 47 48 49 50 … 88