Angolan Mining Oil & Gas - Page 134 of 401 - Top Angolan News for Oil, Gas and Mining Industries

Alrosa Forecasts Diamond Market Stabilization Amid Falling Inventories

7, January, 20257, January, 2025

Alrosa predicts that supply and demand for rough and polished diamonds will balance out in the coming months as midstream inventory levels decline. Sergey Takhiev, Alrosa’s head of corporate finance, highlighted strong demand for jewelry and a reduction in diamond-mining capacity—down by up to 20% from 2018-2019 levels—will drive price growth. He also pointed to the rapid rise of online jewelry sales, which has allowed jewelers to reduce inventory requirements. “The normalization of inventories has

Read More Here

International Energy News

Tunisia Advances Renewable Energy with 500 MW Photovoltaic Projects

7, January, 20257, January, 2025

Tunisia has signed contracts for four photovoltaic projects totaling 500 MW, marking the first phase of its 1.7 GW renewable energy tender. These projects, set to be operational by 2027, aim to generate 1 TWh annually, contributing approximately 5% to the nation’s electricity supply. The successful bids include three 100 MW projects by Qair International, Scatec, and Voltalia, located in El Ksar (Gafsa), Mezzouna (Sidi Bouzid), and Menzel Habib (Gabes). Additionally, Qair International secured a

Read More Here

Corporate News Gas International

BP and Kosmos Energy Launch Gas Production from Greater Tortue Ahmeyim Project

7, January, 20257, January, 2025

BP Plc and Kosmos Energy Ltd. have commenced gas production from offshore fields in Senegal and Mauritania as part of the Greater Tortue Ahmeyim (GTA) project. The $4.8 billion initiative aims to produce approximately 2.3 million tons of liquefied natural gas (LNG) annually during its first phase. The project involves wells drilled in deep waters, reaching depths of up to 2,850 meters, with gas directed to a floating storage vessel for processing. On December 31,

Read More Here

International Corporate News

Galp and Partners Make Significant Discoveries at Mopane-2A Well in PEL83

7, January, 20257, January, 2025

Galp, along with its partners NAMCOR and Custos, has completed drilling and logging the Mopane-2A well (Well 4) in PEL83, following its successful spudding. The Mopane-2A well revealed a gas-condensate hydrocarbon column in the AVO-3 reservoir, featuring a thin net pay within the reservoir’s sweet spot. Additionally, the well uncovered a light oil hydrocarbon column in the smaller AVO-4 reservoir. Both reservoirs exhibited high-quality sands with excellent porosity and permeability, elevated pressures, low fluid viscosities,

Read More Here

International Oil Petroleum

Uganda to Launch Third Round of Petroleum Exploration Licensing

7, January, 20257, January, 2025

Uganda’s government is preparing to launch its third round of petroleum exploration licensing in the 2025/2026 fiscal year (July-June), according to Energy and Mineral Development Minister Ruth Nankabirwa. The upcoming licensing round will open new areas for oil and gas exploration, although specific regions, including the Albertine Graben or northern and northeastern basins, have not yet been confirmed. Uganda, which discovered crude oil in the Albertine Graben nearly 20 years ago, aims to commence production

Read More Here

International Energy News

Ghana Launches 20 MW Solar Project to Strengthen National Energy Capacity

7, January, 20257, January, 2025

Ghana is set to enhance its energy grid with the launch of a strategic 20 MW solar project, aimed at strengthening national energy capacity and supporting the country’s energy transition goals. Led by Denmark-based Renergy Solar, the initiative is part of a larger 40 MW solar project aimed at expanding Ghana’s clean energy footprint and reducing carbon emissions. Renergy Solar has completed the necessary network and environmental impact assessments, with local regulators currently reviewing the

Read More Here

International News Oil

Libya Achieves Highest Oil Production in Over a Decade, Targets 2 Million BPD by 2027

7, January, 20257, January, 2025

Libya’s crude oil production reached 1.4 million barrels per day (bpd) in December 2024, marking the country’s highest output since 2013. This achievement represents a key milestone in Libya’s goal to reach 2 million bpd by 2027. The National Oil Corporation (NOC) announced that the upcoming public bidding round for oil and gas in 2025 will support these production targets, attracting investments from major international companies. By increasing crude output, the NOC aims to boost

Read More Here

International News Oil

Al-Harouge Oil Operations Unveils Advanced Oil Flow Measurement System to Boost Production

7, January, 20257, January, 2025

Al-Harouge Oil Operations, a subsidiary of Libya’s National Oil Corporation (NOC), has launched an advanced oil flow measurement system to enhance performance and increase production efficiency at the Amal oil field. The system features three main platforms: one to measure oil produced from the Amal field, another for oil received from NOC subsidiaries Gulf and Sarir, and a third for oil transferred to the Ras Lanuf port for export. Equipped with cutting-edge measurement technologies, the

Read More Here

International Energy News

Republic of Congo Advances Electricity Sector Reform with Preferred Bidder Selection

7, January, 20257, January, 2025

The Republic of Congo is progressing with its electricity sector reforms by selecting a bidder to oversee the national distribution and commercialization of electricity. After a two-year competitive bidding process, the preferred candidate has been identified. While the company’s identity has not yet been revealed, the Council of Ministers has authorized continued negotiations with the chosen bidder. These talks will focus on finalizing the scope and terms of the concession agreement, with the goal of

Read More Here

Local Corporate News Oil

Red Sky Energy Enters Angola with Risk Service Contract for Block 6/24

7, January, 20257, January, 2025

Australian exploration and production company Red Sky Energy has solidified its entry into Angola’s oil and gas sector by finalizing a Risk Service Contract (RSC) for Block 6/24 in the Kwanza Basin. This milestone marks the company’s first venture into the resource-rich country. The agreement, signed on December 31, 2024, involves partnerships with Angola’s upstream regulator National Agency for Oil, Gas, and Biofuels (ANPG), Sonangol Exploração e Produção SA, and ACREP Exploração Petrolífera SA, granting

Read More Here

« Prev 1 … 132 133 134 135 136 … 401 Next »

More Angolan Mining News