(Karpowership, 26.Aug.2024) —This new partnership aims to advance gender equality within Africa’s energy sector, bolstering employment opportunities for women across at least ten countries and fostering a more inclusive and sustainable future. […]
Category: Africa
Africa energy
POWERCHINA Alleviates Harsh Conditions with Construction Projects
(Power Construction Corp. of China, 9.Aug.2024) — Power Construction Corporation of China continues to do its part to alleviate the harsh summer climate change challenges affecting many regions worldwide. The company’s series of […]
Karpowership Announces $1bn LNG-to-Power Investment in South Africa
(Karpowership, 13.Aug.2024) — Karpowership announced its plans to invest a transformative $1bn of LNG-to-Power infrastructure that will be based in Mozambique and made available to the entire South African Power Pool (SAPP). This ground-breaking […]
Rockefeller Foundation Green Power Gap
(Rockefeller, 7.Aug.2024) — The Rockefeller Foundation released a new report that calculates an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, Latin America and the Caribbean, and the Middle East. Currently home to 3.8 […]
Kosmos’ 2Q:24 Update on Projects from Mauritania to Senegal
(Kosmos, 5.Aug.2024) — Kosmos Energy Ltd. announced its financial and operating results for the second quarter of 2024. For the quarter, the company generated a net income of $60mn, or $0.12 per diluted […]
Golar and bp Enter Commercial Reset Arrangements for FLNG Gimi
(Golar LNG, 5.Aug.2024) — Golar LNG Ltd., and bp, as operator of the Greater Tortue-Ahmeyim LNG Project, have executed agreements to implement a commercial reset for FLNG Gimi. The commercial reset […]
Eni Reports 2Q:24. and 2H:24 Results
(Eni SpA, 26.Jul.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the second quarter and first half 2024. Eni CEO Claudio Descalzi said: […]
Woodside Reports 2Q:24 Results
(Woodside, 23.Jul.2024) — Woodside Energy reported quarterly production of 44.4 MMboe (488 Mboe/day), down 1% from Q1 2024 due to planned maintenance activities, weather impacts at North West Shelf and unplanned […]
Woodside to Acquire Tellurian: Transcript
(Woodside, 22.Jul.2024) — Woodside Energy Group Limited held an investor call to discuss its $900mn all-cash acquisition of Tellurian, Inc., which is developing Driftwood LNG. ____________________
Scientists: Epoch Marked by human impact — the Anthropocene — Began in 1950s
(AP, 11.Jul.2024) — From climate change to species loss and pollution, humans have etched their impact on the Earth with such strength and permanence since the middle of the 20th […]
SLB OneSubsea Awarded Contract for TotalEnergies’ Kaminho Project
(SLB, 3.Jul.2024) — SLB has announced the award of a contract by TotalEnergies to its OneSubsea™ joint venture for a 13-well Subsea Production System scope, including associated equipment and services, […]
IGU Releases 2024 World LNG Report
(IGU, 26.Jun.2024) — Despite lower price, the growing global LNG market stays tight amid supply constraints, according to the 2024 IGU World LNG Report. Released today, the IGU’s 15th annual […]
TotalEnergies Launches Ubeta Gas Development to Supply Nigeria LNG Liquefaction Plant
(TotalEnergies, 20.Jun.2024) — TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), operator of OML 58 onshore license in Nigeria with a 40% interest, together with the Nigerian National Petroleum Corporation Ltd (NNPCL, 60%), have taken […]
Woodside Achieves First Oil at Sangomar Offshore Senegal
(Woodside, 11.Jun.2024) — Woodside has achieved first oil from the Sangomar field offshore Senegal, marking the safe delivery of the country’s first offshore oil project. The Sangomar Field Development Phase […]
TGS and Liberia Ink New Multi-Client 2D and 3D Seismic Reprocessing Agreements
(TGS, 10.Jun.2024) — TGS has partnered with the National Oil Company of Liberia (NOCAL) to undertake significant additional multi-client seismic data reprocessing offshore Liberia. This initiative will rejuvenate the remaining […]
African Energy Week Targets Equitable Energy Future
(African Energy Chamber, 10.Jun.2024) — The upcoming African Energy Week (AEW): Invest in African Energy conference will feature a Just Energy Transition (JET) Summit, bringing together African energy policymakers, industry […]
Aker Solutions Secures Brownfield, Modification Frame Deal with Azule Energy
(Aker Solutions, 6.Jun.2024)) — Aker Solutions secured a sizeable (1) long term frame agreement with Azule Energy to provide engineering, procurement, and construction services (EPC) for brownfield projects and modifications […]
Mega Gas Project off Africa Nears Final Stages Before Start-up
(bp, 4.Jun.2024) — Seven years in the making, something remarkable is taking shape in the ocean where Mauritania and Senegal meet. A project, which includes a breakwater, subsea, a floating liquefied […]
GTA LNG Project Reaches Milestone with Arrival of FPSO
(bp, 4.Jun.2024) — The floating production storage and offloading (FPSO) vessel, a key component of the Greater Tortue Ahmeyim (GTA) Phase 1 LNG development, has arrived at its final location offshore […]
Mega Gas Project off Africa Nears Final Stages before Start-up
(bp, 4.Jun.2024) — It takes extraordinary engineering and technology to keep the world supplied with energy. The latest example – one of bp’s biggest-ever projects – is coming together in the […]
CNOOC Subsidiaries Sign EPCCs with MIREME and ENH
(CNOOC, 24.May.2024) — On 24 May, CNOOC Limited announced that its wholly owned subsidiaries have entered into petroleum exploration and production concession contracts (EPCCs) with the Ministry of Mineral Resources […]
ExxonMobil, Shell Considering Bids for Stake in Namibia Oilfield
(Offshore Technology, 22.May.2024)  — ExxonMobil and Shell are among the energy giants evaluating bids for a stake in Galp Energia’s oilfield offshore Namibia, reported Bloomberg, citing sources.  TotalEnergies and Equinor are also interested in acquiring the 40% […]
Paris Summit Aims Commitments of $4bn for African Women
(African Development Bank Group, 10.May.2024) — Summit expected to build on ground-breaking clean cooking initiatives launched at COP28; African Development Bank’s Adesina (www.AfDB.org), Tanzanian President Hassan, Norway Prime Minister Jonas Gahr […]
Gabon Oil Company to Discuss Investment Opportunities at African Energy (IAE) 2024Â
(Energy Capital & Power, 9.May.2024) — Gabon Oil Company (GOC) will participate as a Platinum Sponsor at the Invest in African Energy 2024 forum, affirming its commitment to maximizing production […]
Sandstorm Gold Royalties Reports 1Q:24 Results
(Sandstone Gold, 2.May.2024) — Sandstorm Gold Ltd. (NYSE: SAND) (TSX: SSL) has released its financial results for the first quarter ended 31 Mar. 2024 (all figures in U.S. dollars). First Quarter Highlights Revenue of $42.8 million (Q1 […]
Marathon Oil Reports 1Q:24 Results
(Marathon, 1.May.2024) — Marathon Oil Corporation (NYSE: MRO) reported first quarter 2024 net income of $297mn or $0.52 per diluted share, which includes the impact of certain items not typically represented in analysts’ earnings estimates […]
APA Corp. Announces 1Q:24 Financial and Operational Results
(APA Corp., 1.May.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the first quarter of 2024. Key Takeaways Reported production of 389,000 barrels of oil equivalent […]
Exxon Reports 1Q:24 Results, Updates on Guyana
(Exxon, 26.Apr.2024) — Exxon Mobil Corporation announced first-quarter 2024 earnings of $8.2bn, or $2.06 per share assuming dilution. Capital and exploration expenditures were $5.8bn, consistent with the company’s full-year guidance […]
Petrobras finds oil in ultra-deep waters of the Potiguar basin
RIO DE JANEIRO, BRAZIL (By Petrobras, 9.Apr.2024, Words: 552) — Petrobras has discovered an accumulation of oil in ultra-deep waters of the Potiguar Basin, in the Anhangá exploratory well, of Concession […]
APA Corp. Updates on Executive Leadership Changes
(APA Corp., 9.Apr.2024) — APA Corporation (Nasdaq: APA) announced updates to its executive leadership team to coincide with a restructuring of its development function and the integration of the recently […]
Exmar Released its 2023 Results-PDF Download
(Energy Analytics Institute, 26.Mar.2024) — Exmar released details and highlights related to its activities in 2023 spanning the Marine XII project in Congo to Exmar re-entering the drilling segment as well […]
CERAWeek 2024 Boasts Delegate Attendance of 8,100+Â
(Energy Analytics Institute, 22.Mar.2024) — The CERAWeek by S&P Global, held 18-22 Mar. 2024 in Houston, Texas, boasted in attendance 8,100+ delegates (9,400+ when counting staff, vendors etc), a record […]
Eni Completes Sales of Some Congo Assets to Perenco
(Eni Spa, 12.Mar.2024) — Eni announced the closing for the sale to Perenco of Eni participation interest in several upstream permits in Congo, non-core to the company strategy in the […]
EAI’s NRGBriefs for Feb. 2024: Guyana, Mexico, Uruguay and Venezuela
HOUSTON, TEXAS (By editors with Energy Analytics Institute, 29.Feb.2024, Words: 3,790) — Energy briefs as well as others related to finance and projects during Feb. 2024 including Exxon Mobil and […]
Exmar and Eni celebrate Congo’s first LNG cargo
ANTWERPEN, BELGIUM (Exmar, 28.Feb.2024, Words: 175) — Senior representatives from Eni, Exmar and the project partners gathered yesterday with Congolese institutions to celebrate the successful start-up of LNG production and […]
APA Reveals 4Q:23 Results, Updates on Suriname FID [PDF Downloads]
(APA Corporation, 21.Feb.2024) — APA Corporation (Nasdaq: APA) announced its financial and operational results for the fourth-quarter and full-year 2023. During the fourth-quarter 2023, APA reported net income attributable to […]
Eni Reports 2023 Full Year Results [PDF Downloads]
(Eni SpA, 16.Feb.2024) — Eni‘s Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of 2023. Eni CEO […]
Shell LNG Outlook 2024 [PDF Downloads]
(Shell plc, 19.Feb.2024) — Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as industrial coal-to-gas switching gathers pace in China and […]
Sangomar FPSO Makes it to Senegal
(Woodside Energy, 13.Feb.2024) — Woodside Energy announced that the LĂ©opold SĂ©dar Senghor Floating Production Storage and Offloading (FPSO) facility has safely arrived offshore Senegal. This is a significant step toward […]
Petrobras updates on SĂŁo TomĂ© and PrĂncipe exploratory blocks
RIO DE JANEIRO, BRAZIL (By Petrobras, 8.Feb.2024, Words: 195) — Petrobras, further to the announcement made on 27 Dec. 2023, informs that it has concluded the acquisition of stakes in […]
TotalEnergies Starts Production in Nigeria at Akpo West Field
(TotalEnergies, 7.Feb.2024) — TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria. Located 135 kilometers off the coast, Akpo […]
TotalEnergies and Vantage enter 75/25 JVÂ Owning Tungsten Explorer Drillship
(TotalEnergies, 26.Feb.2024) — TotalEnergies and Vantage Drilling International signed a binding agreement to create a new joint venture (JV) that will acquire from Vantage the Tungsten Explorer drillship. Pursuant to […]
The US and Angola: Partnering for Prosperity
(US State Department, 24.Jan.2024) — Secretary Antony J. Blinken will visit Luanda, Angola, 24-25 Jan. 2024, where he will meet with President JoĂŁo Lourenço and Foreign Minister Tete Antonio to discuss the U.S.-Angola bilateral relationship and […]
Uganda on $4bn Financing for Domestic Refinery
(Uganda Government, 23.Jan.2024) — Final negotiations for the financing and construction of Uganda’s $4bn domestic refinery began this month after Alpha MBM Investments from the United Arab Emirates was chosen […]
Strohm Completes First TCP Jumper in West Africa
(Strohm, 16.Jan.2024) — Strohm, the world’s first and leading TCP technology company, has supplied TotalEnergies with a thermoplastic composite pipe (TCP) Jumper, which has been commissioned in deep water (1600 […]
EAI’s NRGBriefs: Dec. 2023
(Energy Analytics Institute, 31.Dec.2023) — Energy briefs as well as others related to finance and projects during Dec. 2023 including why Venezuela wants to annex the Essequibo; Petrobras acquiring 29 […]
Sangomar FPSO Sets Sail for Senegal
(Woodside, 27.Dec.2023) — Woodside Energy has achieved another significant step forward for the Sangomar Project with the sail away from Singapore of the LĂ©opold SĂ©dar Senghor Floating Production Storage and Offloading […]
Petrobras on Exploratory Blocks in SĂŁo TomĂ© and PrĂncipe
(Petrobras, 27.Dec.2023) — Petrobras‘ Board of Directors has approved the company’s operations in SĂŁo TomĂ© and PrĂncipe, a country on the west coast of Africa, enabling the acquisition of stakes […]
Coretrax Reveals Sales and Operations AppointmentsÂ
(Coretrax, 19.Dec.2023) — Coretrax, an oil and gas well integrity and production optimisation, has appointed Colin Graham as the company’s first sales and operations manager for Africa as it plans […]
S&P Global Releases its 2024 Energy Outlook
(S&P Global, 14.Dec.2023) — Analysts at S&P Global Commodity Insights, an independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy and energy transition markets, […]