JOHANNESBURG, South Africa, December 26, 2022/APO Group/ — By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, Africa Oil Corp. President and CEO Keith Hill told Petroleum Economist that, given Africa’s unproven oil and gas basins, the continent was probably “the greatest frontier,” with outstanding opportunities for exploration,… +
In an effort to develop a consensus on Africa’s oil and gas resources at the conference, Al Ghais also led the OPEC-Africa Dialogue Session featuring both African OPEC and non-OPEC member countries By NJ Ayuk, Chairman, African Energy Chamber This past October, the African Energy Chamber presented African Energy Week… +
The African Energy Chamber (AEC) supports the acquisition by Africa-focused British independent energy company Savannah Energy of oil and gas supermajor ExxonMobil’s entire upstream and midstream asset portfolio in Chad and Cameroon. The sale was closed on 9 December to the tune of $407 million. The announcement comes after Savannah… +
The SEFA grant complements existing facilities to mitigate the high risk associated with drilling activities and help attract commercial debt capital to finance the project The Board of Directors of the African Development Bank Group has approved a $10 million reimbursable grant from the Sustainable Energy Fund for Africa (SEFA) to… +
GE has been collaborating with energy stakeholders to deploy innovative technologies tailored to respond to the needs of the Sub-Saharan Africa region GE (http://www.GE.com) successfully executed Performance Improvement Package (PIP) upgrade on the third of six 6B gas turbines; project increased overall plant output by over 10 Megawatts (MW), while boosting… +
The Bank’s support will contribute to an additional 2,162MW of installed renewable power generation capacity The Board of Directors of the African Development Bank Group (www.AfDB.org) approved an equity investment of $20 million in Evolution Fund III, a pan-African clean and sustainable energy private equity fund that is mobilising about… +
The meeting will then align viewpoints and reach a consensus on the content of the five regional standards in order to proceed to the harmonisation phase ABUJA, Nigeria, November 17, 2022 Experts in electrotechnical products standards are meeting in Dakar, Senegal from 15 to 17 November 2022 to exchange on… +
UTM Offshore to fast-track Nigeria’s gas development and unlock massive reserves for exploitation in the form of LNG into Africa, Europe and Asia for energy security, industrialization and clean cooking UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG)… +
900 million Africans rely on solid biomass such as firewood and charcoal for cooking, which causes indoor pollution that kills 600,000 people a year Let’s look at African realities A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion’s (http://bit.ly/3GrFAM2) Chloé Farand… +
Bruno Jean Richard Itoua, Minister of Hydrocarbons, Republic of Congo and the 2022 President of the Organization of Petroleum Exporting Countries (OPEC) was one of the five winners of the Mohammad S. Barkindo Lifetime Achievement Award at the 2022 edition of the African Energy Awards, which took place during African… +
