Driving Deal-Making in Mozambique Post-COVID
Mozambique defied global investment flows by reporting a rise in deal activity in 2020. Now, the country seeks to engage local service providers to supply goods and services to gas … Read More
Tag: ExxonMobil
Equinor Declares Impairment at Tanzania LNG Project
Equinor has announced that it has decided to write down the book value of its Tanzania LNG project (TLNG) on the company’s balance sheet by 982million USD. This will be … Read More
South Africa: ExxonMobil, Vopak sign MoU for a LNG Feasibility Study
Affiliates of Exxon Mobil Corporation (ExxonMobil) and Royal Vopak (Vopak) have signed a Memorandum of Understanding (MOU) to work together on a feasibility study to assess the commercial, technical and … Read More
African Midstream Operators Withdraw Investment Plans Amid COVID-19 Turmoil
The COVID-19 pandemic and weak global economic outlook, coupled with fragile energy demand has resulted in a decline in oil and gas prices. The all-pervasive nature of these circumstances has also … Read More
Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and South Africa
By NJ Ayuk, Executive Chairman, African Energy Chamber Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever – … Read More
SOUTH AFRICA: Impact Acquires 100% Interest in Transkei & Algoa & Tugela South Exploration Rights
Impact Oil & Gas has announced that its wholly-owned subsidiary, Impact Africa Ltd, has received approval from the Government of South Africa to take forward the Transkei & Algoa Exploration … Read More
ANGOLA: ANPG, ExxonMobil & SONANGOL Sign 3 Contracts for the Exploration of the Namibia Basin
The National Oil, Gas and Biofuels Agency (ANPG) signed today, three Risk Service Agreements with ExxonMobil and Sonangol P&P that make it possible to increase the exploration area in the … Read More
Mozambique LNG Project Could Be Transformational for Mozambique – If Western Environmentalists Don’t Interfere
By NJ Ayuk, Executive Chairman, African Energy Chamber When Anadarko Petroleum Corp. confirmed last year it would be constructing a $20 billion liquified natural gas (LNG) plant in Mozambique, this … Read More
Angola Oil and Gas Conference & Exhibition Returns to Luanda
Angola’s leading energy event organized by Africa Oil & Power returns for its second edition; On June 15-16, 2021, the key players of the Angolan energy industry will converge for the … Read More
Equatorial Guinea: IOCs Warn Over Forex Regulations Imposed by the Bank of Central African States
In order to maintain the engagement with the oil sector of Equatorial Guinea in light of the ongoing crisis of Covid-19 and challenging market conditions, H.E. Gabriel Mbaga Obiang Lima, … Read More