Construction of the Total Energies gas liquefaction plant in Cabo Delgado, Mozambique, will resume in July. According to the executive director of Saipem (Italian engineering company Saipem), Alessandro Puliti, quoted by the specialized portal for the oil sector Upstream, the restart of the project will be done gradually from July this year. Alessandro Puliti was speaking during an internet intervention (“webcast”) held last week to present the results for the fourth quarter of 2022 to
BB Energy Group, a leading independent energy trading company, has invested in Gasmeth Energy Global, a company focused on the responsible extraction, processing, and distribution of methane gas from Rwanda’s Lake Kivu The naturally-occurring gas from the Lake will be separated from the waters and processed into compressed natural gas (CNG), a non-fossil biogas, to replace conventional fuels. The CNG will substitute gasoline, diesel, and coal across the transport, industrial, and power generation sectors in Rwanda. The
Vivo Energy, a major pan-African retailer and distributor of fuels and lubricants, and Engen, which boasts around 1,300 service stations across the continent, have combined their respective African businesses to create one of the largest energy distribution companies in Africa The new group will have more than 3,900 service stations and more than two billion litres of storage capacity across 27 African countries. Petronas will sell its 74% shareholding in Engen to Vivo Energy at completion,
Aircraft refueling on Angolan soil is cheaper this March, compared to February, according to the table published by the Regulatory Institute for Petroleum Derivatives (IRDP) of the Ministry of Mineral Resources, Oil and Gas. The reduction was an average of 10 kwanzas for each reference litre, but which represents, overall, a significant saving for operators. According to the same IRDP table, for this month of March, the Adjustment Reference Price – Platts (PRA) is now
The president of the Brazilian oil company, Jean Paul Prates, said that one of the company’s priorities during Lula da Silva’s government will be the development of offshore wind farms. Prates, in the first press conference he gave after assuming the helm of the largest Brazilian state-owned company, explained that, although Petrobras is not going to abandon its main assets or the exploration of hydrocarbons, it will focus on renewable energies to start a process
Energy engineering and technology company TechnipFMC announced that it has secured a $250 million contract with oil and gas multinational TotalEnergies for the engineering, procurement and supply of flowlines and connectors for the Girassol Life Extension (Girlfex) project. , located in Angola offshore Block 17. According to a document that JA had access to, the installation of flexible pipes is expected to extend the useful life of the Girassol field, bypassing the outdated rigid pipe
The Institute for Development and Economic Planning (IDEP) held on Saturday 25 February a webinar on “How Africa can go green through a clean energy strategy” in preparation for the 9th Session of the Africa Regional Forum on Sustainable Development scheduled to take place in Niamey (Niger) from 28 February to March 2nd, 2023. Urbanization and population growth are putting intense pressure on Africa’s energy infrastructure. Demand is significantly outstripping supply leading to power cuts
Tanzanian billionaire Rostam Aziz, who is building a multibillion-shilling cooking gas plant in Dongo Kundu, says he will tap innovative technologies to handle imports and supply chain, ultimately lowering consumer prices. The entry of Taifa Gas, a liquefied petroleum gas (LPG) firm, into the local market is expected to trigger price wars for handling and evacuating cooking gas from the ships to the mainland, allowing dealers to transfer the cost relief to consumers. Construction of
During the next five years, the Petroleum Authority of Uganda (PAU) expects that Uganda’s land acquisition procedure for oil and gas infrastructure will be a model for best practices in megaprojects both within and outside of Uganda. The PAU director of legal and corporate affairs, Mr. Ali Ssekatawa, stressed via an article the necessity of a well-organized compensation and resettlement scheme for those impacted by any large infrastructure project to succeed. This subject has been
Sonangol reduced gasoline import costs by US$92 million, due to the completion and start-up of the new Gasoline Production Complex at the Luanda Refinery, having achieved production of around 85,000 tonnes by the end of 2022 metrics. These data were released this Friday 24th February in Luanda, at a press conference by the Board of Directors of the national oil company, in reference to the 47th anniversary, where he underlined that “the data in question
