Coupled with favourable fiscal incentives, Namibia has drawn many oil majors, including Tullow, Total, GALP, Shell, ONGC and ExxonMobil. A coming industry boom is anticipated, thus establishing itself more prominently on the international oil and gas map
Industry
TechnipFMC receives iEPCI contract offshore Ghana
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract for the Jubilee South East development, located offshore Ghana
Alzare connects energy clients with energy professionals
Alzare, the go-to energy hub, brings together the three main arms of the energy industry – companies, lenders (capital providers) and employees – to improve deficiencies in the provision of oilfield and energy services
Sasol and IDC to develop South Africa’s hydrogen economy
Sasol and the Industrial Development Corporation of South Africa (IDC) have concluded a memorandum of cooperation (MOC) to jointly develop and shape an enabling environment to advance South Africa’s green hydrogen economy
Africa will lead global refinery VDU capacity additions by 2025: GlobalData
Africa is expected to register the highest refinery vacuum distillation units (VDU) capacity additions globally during 2021 to 2025, contributing around 33% of the total capacity additions by 2025, according to GlobalData
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