You are Here

Category: Gas

Gas International News Oil

AOG 2023 Commences with Minister Diamantino Azevedo’s Inaugural Address

Under the theme ‘Energy Security, Decarbonization, and Sustainable Development,’ the fourth edition of the Angola Oil & Gas (AOG) 2023 Conference and Exhibition officially kicked off with addresses by Angola’s Minister of Mineral Resources, Petroleum, and Gas, Diamantino Azevedo; Democratic Republic of the Congo (DRC) Minister of Hydrocarbons, Didier Budimbu Ntubuanga; OPEC Secretary-General, Haitham al Ghais, and Executive Chairman for the African Energy Chamber, NJ Ayuk. The Opening Ceremony also featured a Special Address by

Loading

Read More Here

Gas Local News Oil

AOG 2023 Launches with Excitement and Anticipation

With one day left before the fourth edition of the Angola Oil & Gas (AOG) Conference & Exhibition – which kicks off this Wednesday at Centro de Convenções Talatona (CCTA) – conference organizers Energy Capital & Power are gearing up to welcome a prominent line-up of energy ministers, industry leaders, financiers, and national and international oil executives to one of Africa’s most influential energy markets. AOG 2023 serves as the annual meeting place for the

Loading

Read More Here

Gas Local Oil

KCA Deutag Secures $60M Contract Extension in Angola

KCA Deutag, an international oil and gas services company, has secured a one-year contract extension for the provision of core drilling and maintenance services on two offshore platforms in Angola. The $60 million deal will see KCA Deutag maintain its provision of crane operations, maintenance services, equipment management, and rental services for the Angolan client for an additional year. The deal increases the firm’s operations on the Angolan assets to over 10 years. Ole Maier,

Loading

Read More Here

Gas Local Petroleum Renewable Energy

The Renewable Energy revolution in Angola: breaking dependence on Oil

Angola’s recent shift to renewable resources is a bold, future-oriented vision, marking an important turning point in the nation’s economic trajectory. This strategic reorientation, led by the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, represents a commitment to a sustainable and resilient economy, capable of adapting to the challenges of the 21st century. Historically, Angola has been heavily dependent on oil, with export revenues from the product in 2012 representing an impressive 97%

Loading

Read More Here

Economy Energy Gas Infrastructure Local Mining Oil Petroleum Renewable Energy

Five Sectors Poised for Growth in Angola

The oil and gas industry is the most important engine of industrial growth and economic activity in Angola. However, the National Development Plan 2023–2027 addresses how the country plans to reduce oil revenue dependency to no more than 20% by diversifying the economy and investing in other sectors with growth potential, such as agriculture, infrastructure, mining, green hydrogen, and renewable energy. Infrastructure Recent investments in Angola’s infrastructure have substantially improved, with large infrastructure repairs, expansions,

Loading

Read More Here

Gas International Oil

Kenya to Generate Power Using Tanzanian Gas

Kenya has sold former oil refinery, Kenya Petroleum Refineries Limited (KPRL), to the state-owned Kenya Pipeline Company (KPC), paving the way for the facility’s conversion into a gas-to-power plant.  The transaction will enable the rehabilitation of the refinery – which has been inactive for over ten years – so that it is equipped to generate power from Liquefied Natural Gas imported from Tanzania. The sale follows the completion of a feasibility study conducted by U.S.-based

Loading

Read More Here

Gas Local News Oil

Angolan production of cooking gas is higher than consumption levels

With a consumption of 420 metric tons of butane gas per year, Angola is self-sufficient and has a wide supply of this fuel known as cooking gas, with three operators deployed in production. José Barroso, who was speaking at a seminar called “Everything about Butane Gas”, organized by the Petroleum Derivatives Regulatory Institute (IRDP), added that the specifications of liquefied petroleum gas used in the country comply with established standards. The majority of production is

Loading

Read More Here

Gas Local News Oil Petroleum

Sonangol begins oil drilling in the Kwanza Onshore Basin

Within five days, Sonangol Pesquisa&Produção begins exploring for oil and gas in the Tubias well, in the Kwanza Terrestrial Basin block (KON-11), located in the municipality of Cabo Ledo, Luanda province. At this moment, the rig still needs to complete five percent of the technical work, in order to move forward with oil and gas drilling activity in the Tubias well, of which 95% has already been completed.  The well is between 700 and 800

Loading

Read More Here

Gas International Mining Oil Petroleum

5 Reasons to Invest in Guinea-Bissau

Guinea-Bissau represents both a unique and highly strategic investment opportunity. As a relatively undeveloped energy market, the country is positioned in close proximity to large-scale oil and gas developments in neighboring Senegal and Mauritania. High-impact regional discoveries made in recent years have emphasized the potential of offshore acreage while untapped domestic renewable energy resources coupled with favorable investment terms highlight the attractiveness of investing in Guinea-Bissau. Untapped Mineral Reserves Guinea-Bissau is believed to have approximately

Loading

Read More Here

Gas Local News Oil Petroleum

TotalEnergies, AzuleEnergy, and Equinor Sign Production Sharing Contracts for Angolan Blocks with ANPG

The multinationals TotalEnergies, AzuleEnergy and Equinor signed, yesterday, in Luanda, production sharing contracts for blocks 16/21 and 31/21 with the National Petroleum, Gas and Biofuels Agency (ANPG). The act is the result of the Public Adjudication Offer carried out by ANPG, in 2021, and follows the Executive’s Strategic Plan for the attribution of oil concessions 2019-2025.    The Plan foresees the award of more than 50 oil blocks to reaffirm commitments to more incisive exploration and

Loading

Read More Here

1 … 52 53 54 55 56 … 87