Oil discovery: New discoveries in Angola’s Prolific Basins fuel interest in ongoing bid round

From deep-water commercial fields to onshore plays, Angola boasts a combined depth of resources and existing infrastructure that provide explorers with unparalleled opportunities in the upstream ENI announced on Tuesday 06 April, that it had made a new discovery in Angola. The Italian Major’s latest oil discovery in its Block 15/06 concession offshore Angola underlines why Angola’s Prolific Basins and conducive regulatory framework continue to prove attractive despite stiff competition from new frontiers like Guyana and Suriname. It is also […]

Read more

U.S. Africa Energy Forum 2021 Launches: Promotes U.S. Role as Primary Investor in African Energy

photo Bigstock

The multi-day forum unites U.S. and African policymakers, energy executives and industry leaders to create new linkages and foster discussions The U.S. Africa Energy Forum 2021 – organized by Africa Oil & Power, in partnership with the African Energy Chamber’s U.S.-Africa Committee – will foster alignment between U.S. and African governments’ energy policies and highlight African oil, gas, power and renewable projects across the energy value chain for U.S. investors; the multi-day forum unites U.S. and African policymakers, energy executives […]

Read more

Angola’s Petroleum Agency outlines timeline for ongoing bid-round

A hybrid online and physical roadshow for the current bid-round is scheduled for April 6 in at the Talatona Convention Centre in Luanda Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has outlined its timetable for the evaluation of its ongoing 2020 bid round, as interest in the acreage on offer continues to grow. photo caption: Paulino Jerónimo, Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) CEOAfrica Oil & Power Conference In line with its statutory duties as national concessionaire […]

Read more

Africa LNG Report Out Now: Mozambique at Forefront of Global Gas Development

Driven by new discoveries and progressive gas-focused policies, Africa’s LNG consumption and production is set to become one of the fastest growing sub-sectors globally through 2040 Africa Oil & Power (AOP) (https://www.AfricaOilAndPower.com) has launched its Africa Energy Series: Africa LNG Special Report 2021, dedicated exclusively to Liquefied Natural Gas (LNG) developments and investment across the continent; driven by new discoveries and progressive gas-focused policies, Africa’s LNG consumption and production is set to become one of the fastest growing sub-sectors globally […]

Read more

Africa Can, and Should, Decide How to Harness Its Natural Resources especially with Gas

Africans have every right to decide how and when to use their natural resources without interference from the rest of the world, no matter how well-intentioned By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) Pressure is building to phase out petroleum production in Africa to fight climate change. But harnessed strategically, Africa’s oil and gas industry can power a better future for Africa. Are calls to “keep it in the ground” really in Africa’s best interests? Do a Google […]

Read more

Angola’s 65 Years of Oil History has been Good for Angola Despite Some Challenges

In addition to generating vast amounts of revenues, good paying jobs and improving key socioec-onomic indicators, oil and oil-sector reforms in Angola intended to make the sector globally com-petitive have also led to progressive and reform-driven growth in other sectors Angolan lawmakers last week approved the revision of current legislation, allowing for oil and gas pre-exploration studies to be carried out in some areas previously designated as natural reserves. The government however stressed, that this law was by no means […]

Read more

Security and Community: Safeguarding Operations in Mozambique

Through the implementation of standardized security regulations and enhanced community empowerment, Mozambique’s LNG industry can ensure safe and sustainable operations With substantial offshore gas discoveries equating to over 100 trillion cubic feet, Mozambique has seen an influx in foreign investment aimed at driving Liquified Natural Gas (LNG) developments in-country. Despite major energy and infrastructure projects spurring job creation and a rise in local activity, the risk of the “resource curse” – in which resource-rich countries fail to fully benefit from […]

Read more