Our website uses cookies to give you the best and most relevant experience. By clicking on accept, you give your consent to the use of cookies as per our privacy policy.AcceptDeny

Sidebar

webvic-c
EXCLUSIVE DIGITALISATION OUTLOOK REPORT
Informa Middle East Limited (Dubai Branch)

twitter Facebook linkedin acp

In The Spotlight

These agreements further solidify Eni and Vitol's partnership. (Image source: Adobe Stock)

Exploration

Vitol has entered into an agreement with Eni to acquire interests worth approximately US$1.65bn comprising Eni's significant oil and gas assets in Ivory Coast and the Republic of Congo 

This is a diverse portfolio including not only producing assets but also blocks that are currently under exploration, appraisal and development. One of the most valuable assets that Vitol will be investing in is the Baleine project in Ivory Coast, with a 30% participating interest after Eni's 77.25% ownership interest. 

It will be acquiring a 25% participating interest in the mega gas initiative in the Republic of Congo known as the Congo LNG project. Eni has a 65% participating interest in the project.

These agreements further solidify Eni and Vitol's already established partnership in the OCTP and Block 4 projects in Ghana.

While this transaction adds to Vitol's long-running upstream presence in West Africa, besides also a portfolio of infrastructure and downstream related investments, it rebalances the portfolio for Eni who is following a dual exploration model. It comes as part of the major's strategy to optimise upstream activities. 

Vaalco Energy has also recently reorganised its portfolio in West Africa. 

West Africa has also seen enhanced rig activity, with Shelf Drilling and Borr Drilling announcing contracts since late last year. 

 

Spudding will be initiated by the second quarter of 2025. (Image source: Adobe Stock)

Exploration

Set on accelerating the spud date for Prospect I onshore Namibia, ReconAfrica has completed initial surveying activity, and is now conducting debushing

This will soon be followed bydemining before the spudding process can be initiated by the second quarter of 2025.

Prospect I is targeting 365 million barrels of unrisked and 32 million barrels of risked prospective light/medium oil resources, or 1.7 trillion cu/ft of unrisked and 126 bn cu/ft of risked prospective natural gas resources, on a 100% working interest basis, based on the most recent prospective resources report prepared by Netherland, Sewell, & Associates, Inc. (NSAI), an independent qualified reserves evaluator . Prospect I is noted as location 63 in the NSAI report.

"We have made great progress in getting Prospect I ready to drill and , as a result, we are accelerating the spud date into Q2 2025. Our in-country teams have commenced community engagement, surveying, debushing and demining activities, which will be followed by construction of a 10 kilometre road and drill pad site.

"Prospect I is one of the largest mapped structures in the Damara Fold Belt, is well imaged from 2D seismic, and demonstrates a four-way dip closure in which we expect to penetrate over 1,500 metres of Otavi reservoir. Drilling at the Prospect I location has been significantly derisked by the results of our first Damara Fold Belt well, Naingopo, which encountered reservoir in the Otavi carbonates, hydrocarbon shows and oil to surface. We are excited to drill this follow-on exploration well as we continue to look to unlock the significant hydrocarbon potential of the Damara Fold Belt," said Brian Reinsborough , President and CEO.

Scatec is targetting to reach financial close over the next 12 months. (Image source: Scatec ASA)

Industry

Renewable energy solutions provider, Scatec ASA, has signed a 25-year US$-denominated corporate power purchase agreement (PPA) with Egypt Aluminium for a 1.1 GW Solar PV + 100 MW/200MWh BESS project in Egypt backed by a sovereign guarantee.

Egypt Aluminium exports approximately 60% of its production to Europe. This solar PV + BESS project will be instrumental for Egypt Aluminium’s ambition to decarbonise its aluminium production, and to meet EU’s Carbon Border Adjustment Mechanism (CBAM) requirements which will be introduced in 2026.

The key next steps for the project are to work with the relevant authorities to allocate land, finalise grid connection and secure financing, and Scatec targets to reach financial close and start construction within the next 12 months.

“This is another testament to Scatec’s position as one of the leading renewables companies in Egypt. It is a groundbreaking project as it is the first utility scale PPA in the country with an industrial offtaker. I would like to thank all parties involved for making this happen, especially our partners at Egypt Aluminium. Further, our team has shown great persistence and creativity in securing this agreement and bringing new solutions to the market,” said Scatec CEO Terje Pilskog.

The estimated total capital expenditure for the solar PV + BESS project is approximately USD 650 million which will be funded by approximately 80% non-recourse project debt, and the remainder by equity from Scatec and partners. Scatec owns 100% of the project but is targeting to reduce its long-term economic interest by inviting additional equity partners. Scatec will be the designated EPC service provider, with an EPC share of approximately 90% of total capex, as well as asset manager (AM) and operations and maintenance (O&M) service provider.

OWI WA

Chevron to supply 600 million scf/day to Angola LNG by year-end. (Image source: Chevron)

Chevron is set to supply 600 million standard cubic feet of gas per day to the Angola LNG (ALNG) facility by the end of this year

This follows the progress of the Sanha-Lean Gas Connection (SLGC) Project, developed by Chevron’s local subsidiary, which aims to deliver lean gas to the ALNG onshore plant and is on track for first production in Q4 2024.

Billy Lacobie, managing director of Chevron’s Southern Africa strategic business unit, made the announcement during an “In Conversation with” session at the Angola Oil & Gas conference in Luanda on Wednesday.

“As we move forward, the opportunities in gas are immense and very exciting,” Lacobie said. “When you talk about energy security, [gas] is one of the key enablers.”

Lacobie explained that the anticipated increase in Chevron’s gas production will result from the installation and tie-in of the SLGC Project to the existing Sanha Condensate Complex, which includes pipelines linking Chevron-operated Blocks 0 and 14 to ALNG.

Africa aims to be competitive in a dynamic international gas market. (Image source: Adobe Stock)

At AOW: Investing in African Energy held in Cape Town form 7-10 October, a dedicated panel discussion considered how the continent can secure its future in a changing landscape

Specifically, the session was dedicated to the role of gas, with the pipeline of associated projects in the continent never being stronger. However, if Africa is to be competitive in a dynamic international gas market, it must ensure that it offers value. This means shaping an offer that meets the financial and environmental sustainability of stakeholders; gas investment propositions must be relevant and future-proof or global capital will not be forthcoming.

“Natural gas is at the centre of what we are doing in Africa,” commented Mario Bello, head of sub-Saharan Africa region at Eni. “It’s the cleanest fossil fuel, producing fewer emissions than coal, so it plays an important role as we transition to renewables… Floating LNG is the key to unlocking the region’s gas potential, making it easier and faster to develop offshore resources.”

A stable investment environment

Meanwhile, Paul Eardley-Taylor, head of oil & gas, southern Africa at Standard Bank, considered the financing challenge that remains a significant hurdle for projects. He emphasised the need for bankable projects that address investor concerns, particularly around sovereign risk. He also drew attention to the transformative potential of large-scale LNG projects and smaller, domestically-focused gas ventures, labelling the impact they could have in African markets “incalculable”.

Stressing the importance of a stable investment climate to attract international capital, Equinor’s senior vice president for Africa, Nina Birgitte Koch, said, “CO2 is the key criteria. It’s not just a ‘nice to have’ any more. I don’t think it’s possible to get capital to a big LNG project unless it’s highly competitive when it comes to CO2."

Tshepo Mokoka, Group COO of South Africa’s Central Energy Fund (CEF), raised the call for government intervention to address market failures and unlock investment. He outlined CEF's role in enabling critical gas infrastructure projects, such as the Romp pipeline and LNG import terminals. “We need to solve the market failure,” Mokoka surmised, highlighting the need for government-backed gas offtake agreements and risk-sharing mechanisms to attract private capital.

ExxonMobil’s executive director global, LNG marketing, Deri Irawan, emphasised the importance of a holistic approach to project development, considering not just the technical and economic aspects but also the social and political landscape. He commented on the need for strong partnerships and stakeholder engagement to ensure long-term project success. “It is insufficient to just bring a commodity to the doorstep. You also need to unlock that value chain.”

Gianluca Ciricugno, Africa director, enterprise customer solution at Baker Hughes, took the opportunity to stress the need for a long-term vision and collaboration between governments, investors, and technology providers. He urged, “It requires a broader vision, probably government and all the people around the table, with a long-term approach… and not just four-year terms.”

BP’s GTA project will boost global LNG supply (IMAGE SOURCE: BP)

A potential gas leak has been revealed from a well at the flagship Greater Tortue Ahmeyim (GTA) project, located offshore Mauritania and Senegal

Operator BP said that it had detected subsea gas ‘bubbles’ at one of its wells, A02, during a planned commissioning test at the project site, which straddles the border between the two West African countries.

The company has put in place a plan to rectify any issues but added that the incident would not disrupt output or create any significant environmental impact.

“We have a plan to stop the bubbles,” the company told Reuters in an email statement.

“As part of that plan we have mobilised specialised equipment and personnel to support the rectification efforts.”

BP is developing the mega project alongside US-listed partner Kosmos Energy and two minority stakeholders, Petrosen and SMH. 

Mauritania's oil ministry adviser, Ahmed Vall Ould Mohameden, was also cited by the news agency as saying that similar incidents can often occur at the start of production.

"Last week a plane carrying equipment to plug the leak was sent to the site to repair it."

The GTA project produced its first gas at the start of 2025 and is set to become a major gas exporter in the years ahead, producing 2.3 million metric tons of liquefied natural gas (LNG) a year during a first phase.

According to BP, it represents one of the deepest and most complex gas development projects yet in Africa, with gas resources located in water depths of up to 2,850 metres.

Gas from GTA Phase 1 is sent to the GTA floating production storage and offloading (FPSO) approximately 40 km offshore, where water, condensate and impurities are removed.

From there, the gas is transferred via pipeline to a floating liquefied natural gas (FLNG) vessel 10 km offshore, to be cryogenically cooled, liquefied and stored before being transferred to LNG carriers for export.

Some of the gas is also being allocated to help meet growing energy demand in the two host countries.

Read more:

African LNG projects set to benefit with natural gas seen as a bridge fuel in the energy transition

FLNG Gimi receives feed gas from GTA project offshore Mauritania and Senegal

BP's Greater Tortue Ahmeyim offshore Mauritania and Senegal sees first gas

Africa's LNG sector poised for growth (IMAGE SOURCE: Adobe Stock)

Africa’s glut of new energy projects will find a ready global market, with natural gas demand set to grow in the coming years, despite industry pressures to curb emissions

Natural gas remains the “crucial bridge in the energy transition”, according to analysts at Wood Mackenzie, suggesting that demand in key markets like Asia and Europe will continue to expand even in the face of renewable alternatives.

Major gas export projects in the planning or underway in Africa include vast LNG export schemes off Mozambique, Tanzania, as well as Senegal and Mauritania. 

While the world is increasingly turning to renewables, natural gas remains fundamental to meeting global energy needs and reducing emissions in the medium term, Wood Mackenzie states in a report (The Bridge: Natural Gas's Crucial Role as a Transitional Energy Source).

“Gas demand has surged by 80% over the past 25 years, now meeting almost a quarter of the world's energy needs,” said Massimo Di Odoardo, ,vice president of gas and LNG research at Wood Mackenzie.

“Its success lies in the scale of global resources, low production costs, ease of storage and dispatch, and comparative environmental advantages.”

Electrification, increasingly delivered by renewable power sources, can only move so fast, the report states, while the adoption of emerging low-carbon technologies, such as hydrogen, is too slow to achieve net-zero emissions by 2050. 

With coal still accounting for 30% of the world’s energy needs, shifting to gas as a transition fuel is a compelling option, the report adds.

Gas produces only half the carbon dioxide (CO2) of coal and 70% of oil when burned, and generates considerably less pollution, making it the cleanest fossil fuel option.

“In China and India…gas demand is still expected to grow by almost 100 bcm through to 2050 in the power sector,” said Di Odoardo.

Africa’s gas production is currently concentrated in Algeria, Egypt, Nigeria and Libya.

But the next decade will be characterised by the emergence of a stream of new exporters, notably Mozambique and Tanzania on the eastern coast, with easy access to Asian markets, and Senegal and Mauritania on the western flank, closer to Europe. 

In January 2025, BP announced first gas production from its Greater Tortue Ahmeyim (GTA) Phase 1 project off Senegal and Mauritania, part of a 2.3 million tonnes per annum (mtpa) LNG export scheme. 

Other new gas production is also anticipated in traditional producer states like Nigeria, Congo, Gabon and Equatorial Guinea.

While Africa’s glut of projects will still face pricing pressure from competitors, notably Qatar in the Middle East, as well as the USA and Australia, diversification of supply remains important to global gas buyers.

These include the emergence of local buyers too, with South Africa currently exploring options to import LNG at a proposed site in Richards Bay.

Read more: 

FLNG Gimi receives feed gas from GTA project offshore Mauritania and Senegal

McDermott leads Mozambique LNG expansion

Can the East African Ruvuma Rufiji gas basin help quench growing global LNG demand?

 

Page 1 of 2

Top Stories

Grid List

Exploration

George Morrison, CEO at Aquaterra Energy. (Image source: Aquaterra Energy)

Industry

Offshore engineering solutions provider, Aquaterra Energy, has entered a multi-million-dollar, multi-year contract with Intrepid Energy Limited to deliver a bespoke subsea well intervention equipment package for a project in Nigeria

Aquaterra Energy’s turnkey well access package will enable IEL to conduct intervention operations across multiple mature oil wells in the region, supporting enhanced reservoir production.

The contract includes the supply of a complete seabed-to-surface intervention system and package, spanning from the subsea tree to surface intervention equipment. Key components include Aquaterra Energy’s TRT tieback tooling, which provides production bore and annular access, a lightweight well pressure control system, and an ISO 13628-7 qualified open water intervention riser with an integrated tensioning system. In addition to equipment provision, Aquaterra Energy will also deliver ongoing offshore engineering support throughout the project.

The 7- 3/8” lightweight well access solution, has been specifically engineered for deployment from jack-ups and lift boats. This innovative approach offers a cost-effective and operationally efficient alternative to floating vessels, reducing intervention costs while maintaining high safety and performance standards.

Andrew McDowell, Delivery Director at Aquaterra Energy said, "Our expertise in offshore engineering allows us to develop tailored intervention solutions that address the operational challenges of subsea well access. This system has been engineered for efficiency, ease of deployment, and safety, helping IEL optimise intervention activities across Nigeria while reducing costs. By delivering a complete, integrated package, we are simplifying complex operations and enabling operators to maximise production potential.”

Engr Seun Alonge, CEO at Intrepid Energy Limited said, “Working with Aquaterra Energy marks a significant step forward for our intervention operations in Nigeria. Their specialised technology enhances our ability to execute intervention programmes efficiently, maximising performance across our assets. By combining Aquaterra’s technical expertise with our deep understanding of the local operating environment, we’re confident this collaboration will enhance production outcomes and create lasting value for our operations in the region.”

The project is set to support intervention operations over multiple years, with Aquaterra Energy providing ongoing technical expertise, with a dedicated team of engineers providing ongoing service support throughout the project.

George Morrison, CEO at Aquaterra Energy, "Delivering reliable and efficient well access solutions for shallow water subsea operations is central to how we support offshore operators. This collaboration with IEL reinforces our commitment to providing cutting-edge engineering solutions that enhance efficiency and reduce operational costs. With West Africa playing an important role in the global energy sector, we’re proud to continue supporting its offshore industry with our expertise and innovative technologies.”

These agreements further solidify Eni and Vitol's partnership. (Image source: Adobe Stock)

Spudding will be initiated by the second quarter of 2025. (Image source: Adobe Stock)

Geology & Geophysics

Map showing Angola's Block 16 with additional TGS data (Image Source: TGS)

Geology & Geophysics

Norwegian seismic firm TGS has completed reprocessing work on data that it hopes will spur renewed interest in Angola’s forgotten deepwater Block 16

The company has announced that it had finished work on the Block 16 GeoStreamer MC3D seismic dataset in the Lower Congo Basin, in partnership with Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG).

Exploration in the deepwater Lower Congo Basin has experienced a resurgence in recent years, TGS reported, with numerous significant discoveries being made and rapidly brought on stream.

"This 3,684-sq-km rejuvenation project utilises modern depth processing workflows to deliver enhanced imaging beyond the original data, enabling detailed evaluation of deeper target plays in both post-salt and pre-salt sections,” it said in a statement.

Angola’s Block 16 has remained largely under explored since the early 2010s, however, with the most recent exploration well drilled in 2013. Until recently, publicly-known oil and gas discoveries within Block 16, in the latest dataset, were limited to the Bengo (1994) and Longa (1995) Upper Miocene finds in the northern section.

However, TGS said that a recent re-evaluation of wells in the Lower Congo Basin has identified oil recovery from Upper Miocene reservoirs in the southern part of the survey area. The survey also provides partial coverage of the field, a marginal field development opportunity currently being marketed by ANPG.

Discovered in 2003, Tchihumba contains hydrocarbon-bearing zones within Upper Miocene, Lower Miocene and Oligocene sands, with recoverable volumes estimated at approximately 136mn barrels.

Additionally, the Lumpembe-1 oil discovery on Block 15/06, drilled in 2023 and currently undergoing development studies, falls within the survey’s coverage.

“TGS is very pleased to continue our support of exploration in this region with our high-quality seismic data,” said David Hajovsky, executive vice president multi-client, TGS. “These accumulations, along with the proximity of significant neighbouring discoveries, present strong opportunities for future exploration success.”

Other West African projects TGS has completed recently include an enhancement of its Fusion 3D seismic dataset offshore Sierra Leone, focusing on the Vega prospect.

Recent discoveries in South America have intensified interest in this region, TGS stated late last year, positioning Sierra Leone as a promising new exploration frontier.

“With growing interest from international oil companies and independents, the Fusion 3D data comes at a crucial time.”

TGS also signed an agreement last year to enhance datasets in Mauritania with the Ministère du Pétrole, des Mines et de l’Énergie, strengthening its position as the sole provider of multi-client subsurface data in the country.

Read more offshore Angola news here:

Red Sky Energy signs risk service contract on Angola Block 6-24

Cabgoc's Sanha project achieves first gas offshore Angola

Sequa Petroleum to acquire interests in multiple blocks in Angola

 

 

The Seismic License provides Woodside ongoing rights to the PEL 87 3D seismic data. (Image source; Adobe Stock)

PetroVision will facilitate operations within Nigeria using DUG Insight software. (Image source: Adobe Stock)

Technology

The service will address the growing demand for industrial energy efficiency. (Image source: Sulzer)

Technology

Sulzer has launched an energy efficiency and carbon reduction service called Sulzer Energy Optimisation Service to upgrade the standards of centrifugal pumps across their lifecycle for energy intensive industries such as power generation, oil and gas, chemicals and water desalination 

This service will address the growing demand for industrial energy efficiency with access to digital analysis, machine learning and ongoing monitoring to reduce carbon emissions, enhance reliability, and reduce energy costs. A 1% increase in global pump efficiency would save around 59TWh of electricity – equivalent to New Zealand’s annual power needs; some pumps’ efficiency could be increased by as much as 20-30%.

Ravin Pillay-Ramsamy, services division president at Sulzer said, “Inefficient and unreliable pumps cost operators in the industrial sectors millions of dollars in unnecessary downtime, energy costs and carbon emissions every year. Sulzer Energy Optimisation Service offers a comprehensive solution that tackles this inefficiency – from identification through to improvement and monitoring.

“A pilot customer in Spain will now save €1 million in energy costs and over 2,300 tonnes of carbon dioxide a year as a result of energy optimisation improvements identified by the Service. By rerating five pumps, energy efficiency increased from 72% to 83% saving the operator 5,000MWh in electricity every year.”

Consisting of four steps, an initial pump energy audit identifies areas of inefficiency with Sulzer’s proprietary calculator – PumpWise – outlining the potential energy, carbon and monetary savings.

A tailored proposal is generated by Sulzer’s expert team presenting a range of options to return the pump to run at its best efficiency point through an engineered retrofit, with varying techniques such as hydraulic re-rates, specialised coatings, wear clearances and more. Each option weighs operational costs, investment, downtime, payback and efficiency guarantees. The upgrades are then implemented with support from Sulzer’s established retrofit team which has delivered more than 4,000 retrofit projects globally since its setup in 2010. The team is supported by a network of more than 120 service locations globally.

Following retrofit, Sulzer offers a performance agreement to maintain optimised reliability and efficiency. This includes access to Blue Box, Sulzer’s proprietary machine learning technology which turns pump performance data into actionable insights.

Pillay-Ramsamy said, “For operators who are constantly challenged to do more with less, making energy efficiency improvements is a win-win. With pumps accounting for 20% of the world’s electricity demand, we want to offer a streamlined, futureproofed way for customers to improve their energy efficiency regardless of their pump OEM.

“To do so, we’ve combined the competence of our people and longstanding engineering expertise with our proprietary innovations and wrapped them in a collaborative and customer-centric approach. Altogether we believe this solution creates a new best practice standard for pump operation that goes above and beyond in supporting operators to remain future-ready.”

Andrew Law, CEO at Enteq. (Image source: Enteq Technology)

The partnership aims to accelerate innovation. (Image source: Adobe Stock)

Gas

The study will include environmental and social evaluation. (Image source: Adobe Stock)

Gas

The 4000km-long Trans-Saharan Gas Pipeline (TSGP) will undergo a feasibility study update from international energy consultancy, Penspen, which will gauge the regional gas market in terms of economic and financial aspects to make a cost estimation

There will also be environmental and social evaluation, including legislation and consultation reviews, risk analysis, and development of scope of work for the front-end engineering design (FEED).

Jointly sponsored by the Nigerian National Petroleum Company (NNPC) Limited (Nigeria), SONATRACH (Algeria) and SONIDEP SA (Niger), the TSGP runs from Nigeria to Algeria. The project will be able to supply up to 30 bn cu/m of natural gas across West and North Africa annually, before it goes to European markets.

Arun Behl, Penspen’s sales and marketing director (Middle East & Africa) said, "The award of the feasibility study of this high-impact project underscores Penspen’s expertise in large-scale energy infrastructure development and our commitment to advancing strategic initiatives that drive economic growth and regional stability.

“We are proud to have been selected to support the next phase of this transformative project, leveraging our extensive experience in cross-country pipeline engineering and development to deliver a sustainable and efficient energy solution.” 

This will be a re-evaluation of the initial feasibility study, also conducted by Penspen, in 2006, following the project's initiation in 2002. Since then the pipe route has evolved to require an updated review in terms of current situations. Penspen is being supported inj its research work by fellow Sidara brand Dar. 

Besides the TSGP project, Penspen has been engaged in other mega pipelines initiatives, such as the Nigeria - Morocco Gas Pipeline (NMGP) among others. 

 

The financing will support the engineering, procurement and construction of the Afungi Peninsula-based project. (Image source: Adobe Stock)

BP’s GTA project will boost global LNG supply (IMAGE SOURCE: BP)

Downstream

Diesel, petrol and kerosene were delivered. (Image source: NNPC)

Downstream

The Nigerian National Petroleum Company (NNPC) Ltd has restreamed the Port Harcourt Refining Company (PHRC), commencing crude oil processing from the plant for the delivery of petroleum products into the market

The NNPC group chief executive officer, Mele Kyari, announced the development, expressing his gratitude to all stakeholders involved, and marked the occasion as an era of energy independence and economic growth for the country.

Products delivered included premium motor spirit (PMS), automotive gas oil (AGO) and household kerosene (HHK), among others. 

The PHRC rehabilitation project, is an engineering, procurement, construction, installation and commissioning (EPCIC) project that is aimed at restoring the refinery to full functionality and renewal.

 

Claus Reimers, chief product and technology officer at Akselos. (Image source: Adobe Stock)

The Cabinda Refinery aims to double capacity to 60,000 bpd. (Image source: Adobe Stock)

Event News

The event will delve into regional success stories. (Image source: EAECS)

Event News

The East Africa Energy Cooperation Summit (EA-ECS), taking place 29-30 January in Arusha, Tanzania, will be uniting the region's energy independent poiwer producers (IPPs) and engineering, procurement, construction and financing contract (EPCF) stakeholders to discuss the region's investment potential and innovations taking place in the industry

The event will delve into the success stories, including the Ethiopia-Kenya electricity highway, highlighting the role of cross-border collaboration for economic and social development.

Led by Ministers from across the EAC and large-scale energy users, over two days, the Arusha Summit will deep dive into opportunities for the private sector, advocating for a diversified energy mix to maintain grid stability to support major industrial growth, as well as C&I generation.

“Energy is a pillar for development and growth and is crucial for the functioning of the economies of the EAC Partner States. The East Africa Energy Cooperation Summit will serve as the ideal platform for advancing projects and bringing tangible changes in the industry,” said Andrea Malueth, deputy secretary general (Infrastructure, Productive, Social & Political Sectors), East African Community Secretariat.

“Ten years from now, the EAC’s middle classes will have more job stability, more opportunities, and more disposable income than ever before. New railways, industries, ports, and tourism will position the region as the number one investment destination globally, taking the title back from both parts of Asia and Latin America,” said Elisa Palmioli, producer, EnergyNet, which is organising the event. 

Libya is the next investment destination. (Image source: African Energy Chamber)

ADSW Summit 2025 to accelerate global sustainable development. (Image source: ADSW)

Most Read

The project could reduce the fleet’s GHG emissions by up to 10%. (Image source: Opsealog)

Bourbon will utilise its data management system for end-to-end execution. (Image source: Adobe Stock)

The locations will employ locals and are expected to grow Namibia’s energy sector. (Image source: Halliburton)

The well was spudded last November. (Image source: Adobe Stock)

Contracts with multiple scopes accounted for 9%. (Image source: GlobalData)

Soudotec will initiate an inventory programme. (Image source: Svanehoj)

PetroVision will facilitate operations within Nigeria using DUG Insight software. (Image source: Adobe Stock)

ANPG is inviting companies to participate in the upcoming licensing round. (Image source: Adobe Stock)

The two-month survey will be conducted early 2025. (Image source: Adobe Stock)

The Olo and Olo West Fields were formerly part of OML 58. (Image source: Adobe Stock)

There is a potential for an uptick in E&A drilling activity. (Image source: Westwood)

Umar Ajiya, chief financial officer, NNPC. (Image source: NNPC)

The project will be implemented in two phases. (Image source: AFC)

The newly formed consortium has signed a framework agreement (FWA) with the Egyptian government during the Egypt-EU Investment Conference. (Image source: bp)

Helium and hydrogen presence higher after re-drilling. (Image source: Adobe Stock)

The onshore-focused NAOC is also involved in Nigeria's power generation industry. (Image source: Adobe Stock)

Independent Petroleum Marketers Association of Nigeria will acquire diesel at US$0.96 per l. (Image source: Adobe Stock)

Sanha Lean Gas Connection is a project by Cabinda Gulf Oil Company Limited. (Image source: Chevron)

The programme aims to bridge the gap between diesel and alternative fuel. (Image source: Adobe Stock)

Latest news

George Morrison, CEO at Aquaterra Energy. (Image source: Aquaterra Energy)

The service will address the growing demand for industrial energy efficiency. (Image source: Sulzer)

The study will include environmental and social evaluation. (Image source: Adobe Stock)

The financing will support the engineering, procurement and construction of the Afungi Peninsula-based project. (Image source: Adobe Stock)

These agreements further solidify Eni and Vitol's partnership. (Image source: Adobe Stock)

Spudding will be initiated by the second quarter of 2025. (Image source: Adobe Stock)

Scatec is targetting to reach financial close over the next 12 months. (Image source: Scatec ASA)

Andrew Law, CEO at Enteq. (Image source: Enteq Technology)

26 blocks will be auctioned. (Image source: Adobe Stock)

The well was spudded last November. (Image source: Adobe Stock)

Savannah plans an 18-month expansion programme at Stubb Creek. (Image source: Savannah Energy)

High hopes in the Niger Delta for Africa Oil (IMAGE SOURCE: Adobe Stock)

BP’s GTA project will boost global LNG supply (IMAGE SOURCE: BP)

Côte d’Ivoire offshore blocks (IMAGE SOURCE: Vaalco Energy)

Agogo FPSO set for Angolan offshore work (IMAGE SOURCE: Cosco)

Namibia's offshore is bringing new investment to the country. (Image source: Adobe Stock)

Bonga North boost for TechnipFMC. (Image source: Adobe Stock)

Map showing Angola's Block 16 with additional TGS data (Image Source: TGS)

Namibia's offshore has become hot property. (Image source: Adobe Stock)

Nigeria's independents are flourishing. (Image source: Adobe Stock)

More Articles