You are Here

Category: Energy

Energy Exploration Gas International Oil

Global O&G Exploration Spending to Hit $50Bn in 2023

Global spending on conventional oil and gas exploration will hit over $50 billion in 2023, according to energy research company Rystad Energy. Upstream companies are strategically directing their investments towards offshore projects, focusing on lucrative regions that have a robust geological understanding. Rystad Energy says that up to 95% of the total expenditure in 2023 is allocated to offshore initiatives. “Upstream companies are facing a period of uncertainty. They are eager to capitalize on the increased

Loading

Read More Here

Energy Gas International

Leveraging North African Expertise to Grow the Continent’s Energy Sector

Exploration efforts in both mature and emerging markets in sub-Saharan Africa continue to unveil sizeable oil and gas deposits while efforts to boost electrification are seeing new developments crop up across the renewable energy and green hydrogen fields. As markets expand, sub-Saharan African countries stand to learn valuable lessons from their North African counterparts. Leveraging Algerian Gas Expertise to Bolster LNG Markets With over 159 trillion cubic feet of gas resources, Algeria focused significant levels

Loading

Read More Here

Economy Energy News

South African President On a Working Visit to Angola

Angola President Ramaphosa is meeting with his Angolan counterpart, João Lourenço, alongside regional Heads of State from the Southern African Development Community to discuss driving sustainable industrialization in the region. Additional topics to be explored will include political and security challenges, as well as the socioeconomic outlook of the region. President Ramaphosa will be joined by South Africa’s Minister of International Relations and Cooperation, Dr Naledi Pandor; Minister of Defense and Military Veterans, Thandi Modise;

Loading

Read More Here

Energy Local Mining News

The country has 20 mining titles from 2017 to 2023

The National Mineral Resources Agency announced on Wednesday that the country has 20 existing mining titles in the period from 2017 to 2023, of which 45% correspond to prospecting and 55% to exploitation. On the occasion, the general registry of prospecting and exploitation mining licenses issued and the map of mining concessions for prospecting in the Cuanza-Sul province were also presented.

Loading

Read More Here

Energy

N’Diago Port to Provide Support to the Mauritanian Oil & Gas Industry, Confirms Port Director

Mauritania launches major infrastructure projects for the economic transformation of the country under the leadership of President Mohamed Ould Ghazouani. The Government of Mauritania is investing heavily in the development of the Port of N’Diago with the aim of transforming the facility, 32 km away from the associated fishing village of Ndiago, into a maritime hub for the oil and gas sector. Strategically located just 40 km and 100 km from the Greater Tortue Ahmeyim

Loading

Read More Here

Economy Energy International News Technology & Innovation

Egyptian firm secures $15 million contract for BP’s offshore project

The Egyptian firm, TWMA, has secured a $15 million contract to provide support for BP’s offshore project. The project involves the deployment of TWMA’s RotoMill drill cuttings processing technology for BP’s WND & END exploration and development initiative in the Mediterranean Sea. This five-year project is set to begin in October of this year. The RotoMill technology was chosen for its positive environmental impact. Through thermal desorption, it separates drill cuttings and associated materials into

Loading

Read More Here

Energy International News Petroleum

Azule Energy Partners Collaborates with Palantir to Elevate Operations

Azule Energy has partnered with the software company Palantir Technologies to optimize and modernize its upstream production operations. Through this collaboration, Azule Energy will implement Palantir’s solution, Palantir Foundry, across its operations to provide valuable support to various engineering roles, including petroleum engineers, process engineers, and flow assurance engineers, thereby enhancing efficiency and effectiveness. A key aspect of the partnership involves the integration of data across Azule Energy’s upstream infrastructure. By connecting data from sources

Loading

Read More Here

Economy Energy Local News Petroleum

Angola Seeks More Chinese Investment in Energy Sector

Angola is accelerating efforts to stimulate Chinese investment into its energy sector through bids for new oil and gas projects. The move is poised to leverage China’s robust financial sector and attract additional capital and technological input into the southern African country’s energy sector development. With support from the Embassy of Angola in China, Angola is actively presenting opportunities to Chinese companies to participate in bidding opportunities for 12 major oil and gas blocks in

Loading

Read More Here

Diamonds Energy International News

Rio Tinto to build Canada’s largest solar plant to power a diamond mine 

Anglo-Australian mining giant Rio Tinto is to build Canada’s largest solar power plant that willsupply electricity to its diamond mine in the Northwest Territories, the miner announced last week.   The plant will cover a quarter of the electricity needs of the Diavik diamond mine by generating around 4,200 megawatt-hours of electricity annually. The move comes as Rio Tinto plans to achieve net-zero emissions across its operations by 2050.  The solar plant is expected to cut the

Loading

Read More Here

Energy Gas International News

Gas to Remain a Significant Energy Source until 2030

The Federal Government has said gas will continue to form a major part of the country’s energy mix until 2030. The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, stated this at the Society for Petroleum Engineers Nigeria Council 2023 conference held in Lagos recently. Komolafe said although the FG was still committed to achieving the United Nations’ 2060 zero emission goals, Nigeria would continue to explore its abundant gas resources

Loading

Read More Here

1 … 24 25 26 27 28 … 63