Africa's Oil, Gas and Energy News.
BP and Eni confirmed today that they have signed an agreement to form a new 50/50 independent company, Azule Energy, a BP and Eni company, through the combination of the … Read More
The prevailing system in African NOCs means a growing social and financial burden to oil producing countries that translates into low wages, poor quality goods and services By Leoncio Amada … Read More
Despite global capital expenditure having been on a downward spiral between 2014 and 2020- owing largely to COVID-19 pandemic spending trends and energy transition-related divestment in Africa – the African … Read More
The African Energy Chamber’s Q1 2022 Outlook, the State of African Energy, details regulations implemented in Nigeria and Egypt that are fast tracking sectoral growth. With the energy transition pressuring … Read More
Eni started production from Ndungu Early Production (EP) development project, in Block 15/06 of the Angolan deep offshore, via the Ngoma Floating Production Storage and Offloading (FPSO) vessel. The start-up … Read More
Untapped natural gas supplies in Sub-Saharan Africa are set to be unleashed this decade, with output more than doubling from 1.3 million barrels of oil equivalent per day (boepd) in … Read More
By Verner Ayukegba, Senior Vice-President of the African Energy Chamber Angola is sub-Saharan Africa´s second-largest oil and gas producer with a current production capacity of about 1.1 million barrels of … Read More
John Hamilton, CEO of Panoro Energy, provides insight into how the continent can spur exploration and production in 2022 and beyond. While Africa looks to accelerate the development of its … Read More
Afentra has confirmed that negotiations with Sonangol E.P to purchase interests in Block 3/05 and Block 23 in Angola have continued into the new year following the announcement on 8 … Read More
With the cost of oil having reached close to $88 a barrel, producing markets such as Nigeria, Libya and Angola should be capitalizing on prices. Yet, production in Africa continues … Read More
