Natural Gas the Fuel for Sustainable Development – GECF
As the global population edges towards the 10 billion mark by 2050 and world GDP more than doubles, natural gas will continue to play a crucial role in alleviating energy … Read More
Fossil Fuels : Serial Polluters that Nigeria should abandon – Greenpeace
The explosion of the Trinity Spirit Oil vessel, owned by Shebah Exploration & Production Co and managed by Sepcol has caused the death of at least three crew members. Greenpeace … Read More
SOUTH AFRICA: Redstone Concentrated Solar Power (CSP) Achieves First Debt Draw Down
Commercial operation scheduled to start in Q4 2023; The African Development Bank (www.AfDB.org) acted as the Mandated Lead Arranger and Coordinating Bank, committing ZAR 2.306 billion to the transaction; The ZAR … Read More
ZIMBABWE: Invictus Energy Provides Project and Drilling Update
HIGHLIGHTS • Rig being contract finalised, mobilisation to commence in May • 2 Well Exploration Program Expected to Commence June • Muzarabani-1 well confirmed • Planning of 2nd exploration well … Read More
SOUTH AFRICA: Magnora Acquires Project Rights of more than 1700 MW Wind and Solar PV projects
Magnora is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV … Read More
Kibo Energy inks 10-Year Clean Energy Power Purchase Agreement on Waste to Energy Project
Kibo Energy has announced that it has entered into a 10-year take-or-pay conditional Power Purchase Agreement (`PPA’) to generate baseload electricity from a 2.7 MW plastic-to-syngas power plant. The plant … Read More
TANZANIA: Mnazi Bay Volumes 24% Up in latest Competent Persons Report
Highlights · Wentworth’s share of gross 2P Reserves as at 31 December 2021 estimated to be 135.2 Bcf (22.5 MMboe) with an after-tax NPV10 of US$108.1 million · Gross full-year 2021 production was 29.8 … Read More
NIGERIA: NCDMB Commence Subsea System Training For P100 Companies
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday started subsea system and FPSO training for the 40 firms that form the second batch of Project 100 companies. Delivering … Read More
ZIMBABWE: Invictus Awards Well Services Contract to Baker Hughes
Invictus has announced that Baker Hughes has been awarded the integrated well services contract for drilling of the Muzabarani-1 well in the Cabora Bassa basin following the completion of the … Read More
Gambia Announces Launch of the 2022 Licensing Round for Block A1
Gambia’s Ministry of Petroleum and Energy has opened the ground for prospective bidders interested in Block A1 previously held by BP until August 2021. According to BP, the company exited … Read More