TotalEnergies, a French energy company, is preparing to launch a significant project in Iraq as part of a $27 billion framework agreement signed between Iraq and France in September 2021. The project involves the construction of a 1,000 megawatt solar power park in the Artawi oilfield located in Basra, southern Iraq. The endorsement for the project was given by Iraq’s Electricity Minister, Ziad Fadil, during discussions with a TotalEnergies delegation in Baghdad. The initiative is
The Democratic Republic of the Congo (DRC) is currently in the process of finalizing an agreement with Angola and Chevron, a major oil and gas company, regarding offshore Block 14. This particular block has been a subject of dispute in the past. The agreement aims to make both countries joint holders of the block. The Minister of Hydrocarbons for the DRC, Didier Budimbu Ntubuanga, stated that another meeting is scheduled to take place soon, and
Moustapha Bechir, the Director General of Hydrocarbons at the Ministry of Petroleum, Energy and Mines in Mauritania, recently participated in the Mauritanian ministerial panel at MSGBC Oil, Gas, & Power 2023. During the event, he shared insights into Mauritania’s energy hub in Nouakchott, plans for local content development, and infrastructure revamp strategies. Mauritania possesses several strategic assets that contribute to its energy sector. These include its favorable geographical location in proximity to Europe, a vast
Tanzania’s $42 billion liquefied natural gas (LNG) project is nearing approval, as negotiations with investors have been successfully concluded, according to a senior government minister. The project aims to tap into Tanzania’s vast offshore gas resources. The finalized agreements are currently awaiting review and approval, which is expected to take place next month. Energy Minister January Makamba stated that the agreements will be presented to the government’s cabinet for approval before being officially signed. The
Dana Gas, a prominent UAE-based company, is preparing to commence drilling operations on 11 new wells in Egypt this year with an investment of approximately $100 million, according to a senior company official. Mohammed Mubaideen, the head of investor relations at Dana Gas, revealed that the investment is expected to contribute around 80 billion cubic feet of reserves and production. His statements were published in a report by Asharq Business. Currently, Dana Gas holds four
Adonis Pouroulis, CEO of Chariot, unpacked the reasons why Mauritania is an ideal location for green hydrogen production, the benefits of the partnership with Total Eren for the project, Chariot’s plans to contribute to the local community, and the challenges associated with scaling up production. What factors contribute to Mauritania being regarded as a favorable jurisdiction for the production of green hydrogen? Mauritania is one of the best jurisdictions to produce green hydrogen. The country
Sonangol, Angola’s National Oil Company, along with its partners, has inaugurated the first phase of the Caraculo Photovoltaic (PV) Plant, a 25 MW solar power plant located in Namibe Province. The inauguration ceremony, held on May 30, saw the presence of Angola’s Minister of Mineral Resources, Oil and Gas, H.E. Diamantino Azevedo, Minister of Energy and Waters, H.E. João Baptista Borges, Governor of Namibe, Archer Mangueira, and officials from Sonangol and Eni, an oil and
Tanzania has revised the cost of its Liquefied Natural Gas (LNG) project upwards, estimating the total cost of the large-scale project to be $42 billion. Initially projected at $30 billion, Felchesmi Jossen Mramb, Permanent Secretary in Tanzania’s Ministry of Energy explained that, “The recent technical analysis shows that offshore drilling and piping will push the project to $42 billion,” making the development the largest energy project in Southern and Eastern Africa. Developed by energy majors Shell
Boasting the sixth-largest lithium reserves globally and representing one of Africa’s biggest producers of the commodity, Zimbabwe is poised to play a crucial role in advancing the global energy transition through the supply of lithium and related products. With untapped resources, a national agenda to develop the entire lithium value chain, and new investment flowing inwards due to growing global demand, the country is well on its way to becoming a global lithium hub. Untapped
Emirati companies Fertiglobe and Masdar, along with French firm ENGIE, are in discussions to establish a major green hydrogen plant in Abu Dhabi The proposed plant would have a production capacity of 100 to 200 megawatts. The green hydrogen initiative is part of Fertiglobe’s ambitious agenda for the upcoming COP28 climate summit, scheduled to take place in the UAE later this year. According to Fertiglobe CEO Ahmed El-Hoshy, the company is currently assessing additional projects aimed at green hydrogen and blue
