We need to treat Africa’s oil and gas industry as a brand of leadership

The African Oil Industry is at a cross roads and going into COP26, we need to have an African Agenda on energy transition and energy poverty Following Africa’s Oil Week announcement of moving their flagship Cape Town event to Dubai, H.E Mahaman Laouan Gaya, Former APPO SG and Former Petroleum Minister of Niger Republic has expressed his dissatisfactory views of the annual industry conference leaving the continent. He criticizes the “humiliating idea” of African Oil Week in Dubai and urges […]

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Hamburg’s German African Energy Forum to jumpstart Africa’s Economic Transformation

The 14th German African Energy Forum is set to provide key market insights, trends and opportunities over the next decade The African energy sector continues to solidify partnerships with German investors and technology with the aim of leading energy businesses from Germany, Europe and across the African continent. From upstream to downstream, Africa’s energy sector must accelerate its transition to net-zero, continue to adopt new technologies and start to embrace digitization and decentralization over the next decade. The 14th German […]

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Panafrican Energy Services Wins Gas Lift Engineering and five Wells intervention Services Contracts for Petroci CI-11 Project

The agreement represents a prosperous future for the current evolving oil and gas landscape Panafrican Energy Services Group today announced it has signed a contract with Petroci CI-11 to provide 5 Wells intervention services in the Block CI-11. Under the contract Panafrican Energy Services Group will maximize the Block CI-11 oil and gas field asset value using gaslift, and carry out work activities starting this month. “We are pleased to be awarded this work and the opportunity to collaborate with […]

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We Must Take pride in our Oil and Gas Sector and Africa – Never Ever Give Up on Africa

Corporations do need to be held accountable on where they put their dollars By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). I am just a little country boy and I don’t believe we have to be diplomatic about this stuff. I love the Oil and Gas industry and will always stand up for it even when it is unpopular to do so. I don’t care taking the heat for this industry and for the so many Africans that this […]

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Energy Capital & Power, Kanflooens Partnership to Strengthen U.S. – Africa Energy Investment Opportunities

The partnership will help facilitate deals in the African and U.S. energy sectors, promoting investment and engagement U.S consulting firm Kanflooens is a strategic partner of Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) for the highly anticipated U.S. Africa Energy Forum (USAEF); With the first-ever USAEF event taking place both virtually and in-person in Washington D.C. on 12 July and in Houston for the main summit and gala dinner on 4-5 October 2021, the partnership will help facilitate deals in the […]

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IMF / Sub−Saharan Africa Regional Economic Outlook

The sub-Saharan Africa region’s economic outlook will grow by 3.4 percent in 2021, up from 3.1 percent projected in October, and supported by improved exports and commodity prices, along with a recovery in both private consumption and investment. The IMF announced today (Thursday, April 15th) in a press briefing in Washington, DC. _____________________________________________________________________________________________________ “The region’s economy contracted by 1.9 percent in 2020, while this is somewhat less severe, about one percentage points less than we projected in October, you know, […]

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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 […]

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African presidents and global leaders support bold action on climate change adaptation for Africa

In a historic and united show of solidarity for a continent that contributes only 5% to global emissions, more than 30 heads of state and global leaders committed to prioritize actions that help African countries adapt to the impacts of climate change and “build forward better.” Africa now faces the dual onslaught of climate change – currently estimated at between $7 billion and $15 billion each year – and Covid-19, which has claimed 114,000 lives. The African Development Bank expects […]

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