Obasanjo says African countries cannot be beholden to the unrealistic ideals of the Global North for an exclusively renewables-driven economy JOHANNESBURG, South Africa, August 11, 2022/APO Group/ In the midst of a global oil-and-gas crisis, Africa must take charge of its own energy destiny, and use its rich resource assets… +
This search has drawn attention to a number of African gas projects that are likely to help Europe in the future By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) The curtailment of Russian natural gas deliveries is a source of anxiety for the European Union — and rightly so,… +
ReconAfrica will therefore continue with the oil and gas exploration activities for PEL 73 as per agreed work programme with the Ministry of Mines and Energy of Namibia SNC Incorporated (www.SNClawgroup.com) secured a landmark judgement for its client ReconAfrica and joint-venture partner the National Petroleum Corporation of Namibia (NAMCOR), which enables… +
With the launch of the country’s 30-block licensing round by H.E. President Felix Tshisekedi, the DRC is ready to welcome a suite of investors to its high potential oil and gas sector JOHANNESBURG, South Africa, July 29, 2022/APO Group/ — In an exciting move for the African oil and gas… +
The deal calls for Kosmos to provide 2.45 million tonnes per annum (mtpa) of LNG for an initial term of up to 20 years By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) In 2020, rich natural gas resources offshore Mauritania and Senegal were the subject of the biggest long-term… +
Paris, July 25, 2022 – TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20 kilometers off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the… +
More than 1 billion barrels (bbl) of oil and 40,000 billion cubic feet (bcf) of natural gas await extraction JOHANNESBURG, South Africa, July 18, 2022/APO Group/ — By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/) Beneath the coastal waters of Senegal and neighboring Mauritania lie some of the largest… +
From 2023 to 2025, CAPEX growth is expected to experience a sharp upturn, eventually reaching approximately $52.7 billion By NJ Ayuk, Executive Chairman, African Energy Chamber (EnergyChamber.org) Against a backdrop of continuing global economic chaos, any information that suggests stability is well-received. Which is why the details about African oil and… +
By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) Senegal and Mauritania are set to begin production when Europeans’ memories of anxiety over fuel supplies are still quite fresh, so they will be in a good position to establish a solid business relationship. As I’ve mentioned before, when it comes… +
