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Record-Year For LNG Investments in Africa

Record-Year For LNG Investments in Africa

June 28, 2019 No Comments

Africa is taking the lead in the next phase of global LNG mega-projects. 2019 will shatter previous records for the industry. Rystad Energy forecasts that LNG greenfield investment in 2019 will reach nearly $103 billion, the biggest investment year for the burgeoning industry to date. Mozambique’s Area 1 and Area 4 projects, the latter of […]

Wood Announce significant growth in operating profit and margin improvement

Wood Announce significant growth in operating profit and margin improvement

June 26, 2019 No Comments

Trading performance and outlook Performance in the first half is up on the prior year. Revenue is line in with H1 2018 and we have delivered earnings growth and margin improvement. Our operational margin improvement has been led by relative strength in energy related activity in Asset Solutions EAAA and in built environment activity within […]

The Future of Africa’s Energy summit

The Future of Africa’s Energy summit

June 13, 2019 No Comments

The International Energy Agency co-hosted a joint ministerial summit with the African Union Commission (AUC) on Wednesday that brought together high-level representatives from government and industry to discuss the development of Africa’s energy sector. The event, titled “The Future of Africa’s Energy,” is the first of its kind and reflects the IEA’s significant expansion of […]

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Energy Investments pick up in Angola’s Oil Sector

Energy Investments pick up in Angola’s Oil Sector

May 21, 2019 No Comments

Angola has emerged as the hub of foreign direct investments within Africa, and the prospects of attracting more FDI this year are bright, particularly in the country’s oil and gas sector. The ambitious reform agenda of President João Laurenço and that of the Minister of Mineral Resources and Petroleum, Dr. Diamantino Pedro Azevedo, has already […]

Eni collaborates with LUISS Guido Carli University

Eni collaborates with LUISS Guido Carli University

March 7, 2019 No Comments

The agreement involves three collaborative programmes in the area of geopolitical training, orientation and analysis. The historic partnership between the energy company and the prestigious university named after Guido Carli has now been even further strengthened. The first area of collaboration envisaged by the agreement is the Sub-Saharan Africa Project, through which Eni will contribute […]

Siemens completes extension of Toshka substation

Siemens completes extension of Toshka substation

February 20, 2019 No Comments

Siemens announced it has completed building and connecting the extension of Toshka substation in Egypt, in record time of three months, for the Egyptian Electricity Transmission Company (EETC). This paves the way for the realization of the Egypt-Sudan Electric Interconnection project. The new 220 kilovolt (kV) air-insulated substation (AIS) will dispatch around 400 megawatts (MW) […]

African Oil Industry Endorses Cape VII Congress

African Oil Industry Endorses Cape VII Congress

February 5, 2019 No Comments

The African Energy Chamber is proud to endorse the APPO Cape VII Congress and Exhibition to be held in Malabo on April 2-5, 2019. Hosted by the African Petroleum Producers Organization under the Auspices of President Obiang Nguema Mbasogo, the summit will include a first-level meeting of oil ministers from the four corners of the […]

Collaboration in Oil and Gas Infrastructure among African Countries

Collaboration in Oil and Gas Infrastructure among African Countries

January 30, 2019 No Comments

The Nigerian National Petroleum Corporation (NNPC) has proposed collaboration among African countries in the area of oil and gas infrastructure in order to remain competitive on the global stage. Group Managing Director of the NNPC, Dr. Maikanti Baru, made the call at the opening ceremony of the second edition of the Nigeria International Petroleum Summit […]

BP announces FID for Phase 1 of the Greater Tortue Ahmeyim LNG Development

BP announces FID for Phase 1 of the Greater Tortue Ahmeyim LNG Development

December 21, 2018 No Comments

BP and partners today announced that the Final Investment Decision (FID) for Phase 1 of the innovative cross-border Greater Tortue Ahmeyim development has been agreed. The decision was made following agreement between the Mauritanian and Senegalese governments and partners BP, Kosmos Energy and National Oil Companies Petrosen and SMHPM. “Achieving sanction for the ground-breaking Greater […]

Africa Oil Announces Additional Investment in Impact Oil and Gas

Africa Oil Announces Additional Investment in Impact Oil and Gas

December 21, 2018 No Comments

Africa Oil Corp. (TSX: AOI) (OMX: AOI) (“Africa Oil”, “AOC” or the “Company”) announced that it has made further investments of US$20.5 million in Impact Oil and Gas Limited (“Impact”), a private UK company with exploration assets in South and West Africa. Additional Investment in Impact Oil and Gas The Company has entered into a […]

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