Increasing exploration activities in 2022 and onwards is a top priority for African hydrocarbon producers as they seek to expand production and establish the continent as an energy hub, according to the African Energy Chamber (AEC)
Exploration
Schlumberger wins service contract for Tilenga onshore oil development in Uganda
Schlumberger has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda
QatarEnergy signs deal with Namibia’s NAMCOR
QatarEnergy has signed a cooperation agreement with NAMCOR E&P, a subsidiary of the National Petroleum Corporation of Namibia (NAMCOR)
Team-Energy Africa initiative launched
The African Energy Chamber (AEC), in partnership with the United Nations (UN) Economic Commission for Africa (ECA) and the Secretariat of Sustainable Energy for All (SEforALL), has launched the Team-Energy Africa initiative, to mobilise private sector financing for accelerated clean energy deployment across Africa
IEA members to release 60 mmbbl of oil from emergency reserves
The 31 member countries of the governing board of the International Energy Agency (IEA) have agreed to release 60 mmbbl of oil from their emergency reserves to send a unified and strong message to global oil markets that there will be no shortfall in supplies as a result of Russia’s invasion of Ukraine