Maritime infrastructure operator Golar LNG’s, Gimi Floating Liquefied Natural Gas (FLNG) vessel is expected to arrive in Dakar, Senegal on 12 January, where it will serve the first phase of oil and gas supermajor bp’s, Greater Tortue Ahmeyim (GTA) project, straddling the maritime border of Mauritania and Senegal. Upon arrival, the FLNG vessel will be moored and connected to the GTA hub, where it will produce up to 2.7 million tons of Liquefied Natural Gas
France has introduced a new energy strategy that sees the development of up to 14 nuclear power plants to achieve carbon neutrality by 2050. The proposed draft law – set to be presented to the Cabinet next month – targets the construction of at least six new European Pressurized Reactors, while an additional eight reactors may be optioned to meet the country’s goal of reducing fossil fuel dependency from 60% to 40% by 2035. Despite
Australian-based Invictus Energy has raised $10.2 million in capital to fund its activities in the Cabora Bassa project in Zimbabwe. The capital infusion was achieved through a private placement, following the initiation of a share purchase plan in early May 2023. “These funds will be invested into extending the recent success of our dual gas discoveries in the Upper and Lower Angwa formations and completion of a highly successful Mukuyu-2 drill campaign,” said Invictus MD
Impact Oil has signed a farmout agreement with TotalEnergies EP Namibia to sell 9,39% undivided interest in Block 2912 and 10,5% in Block 2913B in the Orange Basin. Block 2912 is under PEL 91 and 2913B is under PEL 56. Impact Oil’s wholly-owned subsidiary Impact Oil and Gas Namibia (Pty) Ltd and TotalEnergies SE’s subsidiary TotalEnergies Namibia BV signed the agreement. The transaction includes a full carry-on Impact’s retained interest for all joint venture costs,
De Beers has recorded the lowest rough diamond sales in two years, with the company’s CEO Al Cook attributing the poor sales to macroeconomic challenges.The Anglo-American company says it sold US$80m worth of rough diamonds for circle 9, which covers the period 4 October to 3 November 2023.In cycle 8, from 18 September to 3 October 2023, the rough diamond sales were US$200m, while in cycle 7, between 14 and 29 August 2023, the sales
Nigeria’s Dangote oil refinery might kick off test runs this week after receiving its sixth crude cargo on Monday, following years of construction delays. The arrival of the sixth crude cargo from the Agbami field in the Niger Delta brings the total crude stock received at the facility to six million barrels of oil, the required amount to bring the 650,000 barrels per day (bpd) facility to life. The refinery’s operation is expected to turn
Portuguese multinational energy corporation Galp could be nearing a hydrocarbon discovery at its Mopane-1X exploration well in Namibia’s Orange Basin, according to a company report issued on Monday. Galp currently holds two exploration licenses in Namibia’s offshore: PEL 82 in the Walvis Basin and PEL 83 in the Orange Basin. Last May, the company secured the Hercules semi-submersible rig for a two-well contract plus optional well testing in PEL 83, with drilling starting last November. “The
Advancing green hydrogen development in North Africa, ACWA Power has signed a framework agreement with Egypt’s energy authorities for the development of a four-billion-dollar green hydrogen project. Powered by wind and solar plants, the facility’s first phase will produce 600,000 tons of green ammonia per year, with a view to scaling production to two million tons per year in its second phase. Signed with The Sovereign Fund of Egypt, the Suez Canal Economic Zone, the
A partnership between renewable energy developer Mulilo and independent power producer EDF Renewables has emerged as the leading contender for three battery energy storage system (BESS) projects in South Africa. These projects, spanning the Northern Cape and North West Provinces, will contribute 257 MW/1,028 MWh to bolster the country’s electricity grid efficiency. Expected to kick off construction by mid-2024, the Oasis Aggeneis, Oasis Mookodi, and Oasis Nieuwehoop initiatives have secured a 15-year power purchase agreement
Energy advocacy group the African Energy Chamber (AEC) has successfully launched the first phase of an initiative to equip schools across Africa with solar energy through the donation of an off-grid solar power system to Willow Crescent Secondary School in Johannesburg, South Africa. The donated system, benefitting 1,700 students and staff, will reduce the school’s reliance on diesel-fired generators, thereby ensuring an uninterrupted learning environment for students during periods of load shedding. The donation forms
