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Energy Gas International

Leveraging North African Expertise to Grow the Continent’s Energy Sector

Exploration efforts in both mature and emerging markets in sub-Saharan Africa continue to unveil sizeable oil and gas deposits while efforts to boost electrification are seeing new developments crop up across the renewable energy and green hydrogen fields. As markets expand, sub-Saharan African countries stand to learn valuable lessons from their North African counterparts. Leveraging Algerian Gas Expertise to Bolster LNG Markets With over 159 trillion cubic feet of gas resources, Algeria focused significant levels

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Gas Local News Oil

SONILS General Manager To Speak at AOG 2023

SONILS Energy Capital & Power (ECP) is proud to announce that Emilio Costa, General Manager of Sonangol Integrated Logistics Services (SONILS), will deliver a keynote speech during this year’s Angola Oil & Gas (AOG) conference, taking place in Luanda from September 13-14. Costa brings a wealth of experience to the conference, having previously served as the General Manager of Puma Energy and Trafigura in Angola. His participation at the event is set to advance the

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Gas Local News Oil

Namibia’s Petroleum Commissioner to Speak at AOG 2023

Energy Capital & Power (ECP) is proud to announce that Maggy Shino, the Petroleum Commissioner at Namibia’s Ministry of Mines and Energy, will return to the Angola Oil & Gas (AOG) conference and exhibition as a speaker. Taking place from September 13-14 in Luanda, AOG provides a platform where Namibia and Angola can strengthen bilateral cooperation in the field of energy. Namibia has seen a wave of energy developments take off in the last two

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Economy Gas International Oil

UAE jobs: Petrofac is hiring for over 200 vacancies. Here’s why you should apply

With the award of several large projects and a busy bidding pipeline, the EPC giant Petrofac is on a concerted recruitment drive. Oil & Gas Middle East spoke to Des Thurlby, Petrofac’s Group Director of Human Resources, about the type of roles involved, the qualities Petrofac is looking for in candidates, and the reasons why people should consider applying. Oil & Gas Middle East: Can you tell us about the current recruitment drive at Petrofac

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Economy Gas International News

Top 5 Lessons Gas-Rich Countries Can Learn from Algeria

Algeria’s is a major Liquefied Natural Gas (LNG) exporter and the lessons that gas-rich countries can learn from Algeria’s approach using the five key lessons are: In summary, Algeria’s success in the gas sector is attributed to a combination of factors including infrastructure development, long-term planning, strategic decision-making, focus on domestic value addition, and investment in local capacity. These lessons can be valuable for other gas-rich countries, particularly in Africa, looking to leverage their resources

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Gas International News

Saipem Secures Contract for Libya’s Borui Gas Utilisation Project

Italian multinational oilfield services company Saipem has been selected by Mellitah Oil & Gas to provide services for the development of the Borui Gas Utilization Project in Libya. Saipem will provide engineering, procurement, construction, installation and commissioning services for an approximately 5,000-ton gas recovery module which will replace an existing platform, as part of the contract. The contract is worth approximately $1 billion and will also include Saipem installing 28km of pipelines to connect the

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Economy Gas Local News Oil Petroleum

Sonangol Issues Debt in the Domestic Market

Sonangol is set to launch a bond issuance tomorrow August 15th, through which it will contract debt in the amount of 75 billion kwanzas with a maturity of five years (2023-2028), according to a statement released by the company on Friday. In the document, the oil company announces a Public Subscription Offering of bonds valued at 75 billion kwanzas, at a unit price of 10,000 kwanzas, corresponding to 10 million units at an interest rate

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Gas International Oil Petroleum

Aliko Dangote loses nearly 6 billion USD following the devaluation of the Naira

Figured at 21.2 billion dollars at the beginning of the year 2023, the fortune of the Nigerian billionaire and the richest man in Africa, Aliko Dangote, recorded a fall of almost 6 billion dollars, from 21 $15 billion following the devaluation of Nigeria’s national currency, the Naira. According to data from the Bloomberg agency based on the Billionaires Index method, this drop, the highest recorded since 2014, is tributary to the wake of the elimination

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Economy Gas Local News Oil

Cabship CEO to Lead Oil & Gas Logistics Dialogue at AOG

Energy, Capital & Power (ECP) an Africa-focused energy investment platform and organizers of the Angola Oil & Gas (AOG) conference and exhibition is pleased to announce that João Filipe, Founder and CEO of Angolan logistics and supply chain management company, Cabship, will participate in this year’s edition of Angola’s premier event for the oil and gas sector. Taking place under the theme ‘Angola Oil & Gas Energy Security, Decarbonization, and Sustainable Development,’ AOG 2023 will

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Gas Local News Oil

The Greater Tortue Ahmeyim (GTA) Gas Project has been delayed to 2024.

The Greater Tortue Ahmeyim (GTA) natural gas project, located between Senegal and Mauritania, has been delayed until the first quarter of 2024, according to British global oil and gas major bp. The announcement of Phase 2 of the project was made in February this year, with an expected production of up to 3 million metric tons per annum (mmtpa). Kosmos Energy and bp signed a co-development agreement for the two reserves in 2016, with bp

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