88 Energy Ltd. has commenced a 2D seismic acquisition program in the Owambo Basin, located onshore Namibia. The exploration company holds a 20% interest in Petroleum Exploration Licence 93 (PEL 93) and is earning its stake by financing the seismic operations. The program aims to acquire approximately 200 linear kilometers of 2D seismic data, with completion scheduled for the third quarter and data processing expected to conclude by the fourth quarter. The primary objective of
Angolan and North American companies in the oil, gas, and energy sectors have expressed their commitment to align with the policies of both governments to support project execution activities. This announcement came from the Secretary of State for Oil and Gas, José Alexandre Barroso, following a meeting in Luanda with executives from ExxonMobil, Chevron, and Sun Africa during the IV Dialogue between Angola and the United States. Barroso emphasized that while governments set policies and
Norway’s Aker Solutions has secured a long-term frame agreement with Azule Energy to provide EPC (engineering, procurement, and construction) services for brownfield projects and modifications on two FPSOs (floating production storage and offloading units) in Angola. This agreement extends Aker Solutions’ ongoing collaboration with Azule Energy, Angola’s largest independent oil and gas producer and a joint venture between Eni and BP. The scope of work focuses on the Greater Plutonio and PSVM FPSOs. It includes
Gemcorp Angola is committed to advancing energy sector projects in partnership with the Angolan government. To this end, a memorandum of understanding was signed in Luanda with the Ministry of Energy and Water, aiming to create a platform that will facilitate investments in the energy sector. The memorandum outlines plans for modernizing the Capanda Hydroelectric Plant and constructing electrical power transmission lines to the Namibian border. These initiatives will position Angola as a key energy
Nigeria’s Rural Electrification Agency is partnering with Husk Power Systems for interconnected minigrids and isolated minigrids, rooftop commercial and industrial (C&I) solar, productive use of energy (PUE) initiatives, appliance sales, and financing. The Rural Electrification Agency (REA) of Nigeria and Husk Power Systems have agreed on a strategic partnership to deploy up to 250 MW of decentralized renewable energy (DRE) projects in support of the government’s energy access, energy transition, and energy security targets. The
The expansion and modernization of the national electrical system, which includes three million connections, by 2027, foresees the insertion of the private sector in the production, distribution and commercialization of electrical energy in the country, with a view to ensuring financial sustainability, reducing high losses and improve the “weight” in the Gross Domestic Product (GDP). To this end, the Executive is already working on the new legal framework that will allow entrepreneurs to enter the
The expansion and modernization of Angola’s national electrical system aims to add three million connections by 2027, with a key focus on integrating the private sector into energy production, distribution, and commercialization. This initiative seeks to ensure financial sustainability, reduce high losses, and improve the sector’s contribution to the Gross Domestic Product (GDP). To facilitate this transition, the government is working on a new legal framework that will open the energy market to private entrepreneurs.
TE H2, a joint venture between TotalEnergies and EREN Groupe, along with Austrian electric company VERBUND, have signed a memorandum of understanding (MoU) with Tunisia to explore the development of a substantial green hydrogen project named H2 Notos. The H2 Notos project aims to produce green hydrogen using electrolysers powered by large onshore wind and solar projects, utilizing desalinated seawater. The green hydrogen produced will be exported to Central Europe. Initially, the project is expected
President Bola Tinubu and the Nigerian government have inaugurated three significant gas projects aimed at strengthening the country’s energy sector. The projects include the expanded AHL Gas Processing Plant, the ANOH Gas Processing Plant, and the 23.3-km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline, all located in southeastern Nigeria. The inauguration ceremony was chaired virtually by President Tinubu from Abuja. The AHL Gas Plant is a collaborative venture involving the Nigerian National
Independent upstream oil and gas company Invictus Energy Limited has signed an MoU with mine operator Dallaglio Investments and power generation firm Himoinsa Southern Africa Proprietary for a gas-to-power project in Zimbabwe. The project will generate electricity to power operations at the Eureka Gold Mine – one of the country’s largest. Under the partnership, gas extracted from the Cabora Bassa Project will fuel operations at Eureka – located 50km from the Mukuyu-2 wellsite. The African
