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Category: Energy

Energy Mining Oil

H.E. Gwede Mantashe to Lead South African Delegation to South Sudan Oil & Power 2022

Representing a long-term strategic partner for South Sudan, the South African delegation will pave the way for new bilateral partnerships between the two nations, and South African energy stakeholders are urged to capitalize on the opportunities the conference presents Energy Capital & Power (ECP) (https://EnergyCapitalPower.com) is proud to announce that H.E. Gwede Mantashe, South Africa’s Minister of Mineral Resources and Energy, will lead a South African delegation to South Sudan Oil & Power 2022 (https://bit.ly/3cvK8EY)

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Energy Gas Oil

Minister Gladima Announces MSGBC Oil, Gas & Power 2023 to take place in Mauritania

H.E. Sophie Gladima, Minister of Petroleum and Energies for the Republic of Senegal announced that MSGBC Oil, Gas & Power 2023 will take place in Mauritania next year and gave the final remarks for MSGBC 2022, thanking her fellow Ministers and the assembled delegates for their attendance, insight and inputs in developments over the course of the two-day event, West Africa’s foremost energy forum On the final day of the MSGBC Oil, Gas & Power

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Energy

Increased natural gas production in the country will bring more fertilizers and boost agriculture

The entry into operation of the new gas consortium in the country will allow for an increase in the production of this fuel which, consequently, will generate more revenue for the oil sector, but also increase the production of fertilizers, relaunching the agriculture sector. According to the chairman of Sonangol’s Board of Directors (PCA), Sebastião Martins, the project will help the oil company’s revenues, as well as enable the development of other projects, such as

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Gas Economy Energy Mining Oil

Azule Energy Assigns Contracts Valued at $900 Million to Saipem for Gas Project in Angola

The Italian company Saipem won 3 important new service contracts for the New Gas Consortium (NGC) led by Azule Energy (Eni Angola & bp Angola), for the development of the Quiluma and Maboqueiro gas fields, located offshore Angola. The Italian player was awarded 1 onshore contract and 2 offshore contracts, with a global value of around US$900 million, Saipem will be responsible for engineering, procurement and construction, as well as connection and commissioning assistance for

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Mining Economy Energy Technology & Innovation

Moxico: Cement factory expects to create more than two thousand jobs

A new company called (Cimeleste Vungo Indústria, Lda) dedicated to the production and sale of cement will be born in the country, in the region of Cazombo, Moxico province, and is expected to create another 2,000 jobs. According to a press release sent today to Jorna de Angola Online, the firm is originally from Canada, with an investment estimated at more than US$50 million “and a production capacity of 1,500 tons of cement/day”. Given its

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Energy Gas Mining Oil

New gasoline production complex reaches maximum capacity

The New Gasoline Production Complex at the Luanda Refinery, recently opened by Sonangol, reached a maximum capacity of 1,580,000 liters of gasoline/day, against the previous 395,000 liters, under safe conditions. According to the coordinator of the project to increase the complex’s gasoline production capacity, João Mayer, reaffirms that with the complex being fully operational, it will reduce expenses with annual fuel imports by 15 percent and will save 300 million euros. of dollars a year,

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Energy

AW139 Helicopters to Improve Energy Services in Angola

SonAir Airline Services, a subsidiary of Angolan state energy firm, Sonangol, has ordered two AW139 twin-engine helicopters from Italian multinational aerospace company Leonardo as part of efforts to improve support services across Angola’s energy industry. Following delivery in Q1, 2023, the two helicopters will provide transport services across Angola’s rapidly expanding oil and gas industry, replacing SonAir’s ageing helicopter fleet and modernizing the company’s services. Well designed to operate in harsh conditions similar to those

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Energy

MCA Constructs Two Solar Parks in Angola

Portuguese business group, MCA, has constructed two solar photovoltaic (PV) parks with an installed capacity of 285 MW in the Angolan towns of Biópio and Baía Farta, in the Benguela Province, supplying green energy to approximately 1.8 million people. Completed on July 20, MCA led the project’s execution in Engineering, Procurement and Construction as part of an international consortium. The solar energy parks are part of the government’s 2018-2022 National Development Plan, which aims to diversify

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Energy

Soyo refinery to hire local companies to supply goods and services to the projects

Quanten Consortium Angola – which will build and operate the Soyo Refinery – and FACRA (Fund Activo de Capital de Risco Angolano) have teamed up to implement an “innovative financing strategy” that will support national companies. On the one hand, contracts will be awarded to local companies for the supply of goods and services for the refinery project and, on the other hand, financing will be promoted for these same companies. At an extraordinary meeting

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