Africa Archives - Page 5 of 12 - Editores LatinPetroleum

Consortium to Develop a 1,500 MW Hydropower Project in Mozambique

(TotalEnergies, 13.Dec.2023) — The consortium of EDF (40%), TotalEnergies (30%) and Sumitomo Corporation (30%) announces that it has been selected as strategic partner by the government of Mozambique and entered […]

Metalla Royalty Highlights Near-Term Catalyst

(Metalla, 6.Dec.2023) — Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) is pleased to profile its post-merger core assets and provide a three-year corporate strategy and highlights near-term portfolio catalysts. […]

Rainforest Nations Back Projects Funded Through Carbon Market

(Equitable Earth, 3.Dec.2023) — Today at the UN Climate Change Conference (COP28), Ministers and Indigenous leaders from the most important tropical forests in the world spoke at the launch of Equitable […]

Norway’s Equinor Divests Nigeria Business

(Welligence Energy Analytics, 29.Nov.2023) — Equinor has announced the sale of its Nigeria business to Chappal Energies for an undisclosed consideration. What were the key drivers for buyer and seller, […]

TotalEnergies Publishes Response of EACOP Ltd [PDF Download]

(TotalEnergies, 16.Nov.2023) — Following the publication of the report by the NGO Greenfaith on the consideration of cultural heritage within the EACOP project in Uganda and Tanzania, and for which […]

Africa
Egypt

Sungrow to Supply SG5RT Residential Inverters to Residential PV Project in Egypt

(Sungrow, 15.Nov.2023) — Sungrow, the global PV inverter and energy storage system supplier, announced that it has been selected to supply 400 units of 5kW string inverters with its ultra-safe, […]

Getech Teams up with HyAfrica in Africa

(Getech, 14.Nov.2023) — Getech, a locator of subsurface resources, has signed an agreement with LIAG (Leibniz Institute for Applied Geophysics), a partner in the HyAfrica consortium, to accelerate the exploration and […]

Trek Bicycle and World Bicycle Relief Partner for Third Year in a Row

(Trek Bicycle, 9.Nov.2023) — Today, Trek Bicycle and World Bicycle Relief (WBR) announced their third annual holiday fundraiser to help mobilize people in rural communities with purpose-built Buffalo Bicycles. This year, the two organizations […]

Africa
Gabon

BW Energy: Substantial Oil Find in the Hibiscus South Prospect

(BW Energy, 6.Nov.2023) — BW Energy announced that the DHBSM-1 appraisal well has encountered commercial volumes of oil in the Hibiscus South satellite prospect. The company plans to return to […]

Kosmos Boosts Working Interest, Assumes Operatorship of Yakaar-Teranga

(Kosmos, 6.Nov.2023) — Kosmos Energy Ltd. (NYSE/LSE: KOS) has increased its working interest to 90% and assumed operatorship, subject to customary government approvals, of the world-scale Yakaar-Teranga gas discoveries offshore […]

Africa
Congo

Perenco Congo and Congorep Complete Seismic Campaign

(Perenco Congo, 2.Nov.2023) — Perenco Congo and Congorep, the joint venture company between Perenco and Société Nationale des Pétroles du Congo (the national petroleum company of the Republic of Congo, SNPC), both major players […]

EAI’s NRGBriefs: Oct. 2023

(Energy Analytics Institute, 31.Oct.2023) — Energy briefs as well as others related to finance and projects during October 2023 including Vista‘s third quarter 2023 earnings presentation; the long-awaited Citgo Petroleum […]

Africa
Congo

IMF on Staff-Level Agreement with the Democratic Republic of the Congo

(IMF, 31.Oct.2023) — End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those […]

Chevron, Angola Gov’t to Collaborate on Low-Carbon Opportunities

(Chevron, 30.Oct.2023) — Cabinda Gulf Oil Company Limited (CABGOC), a Chevron’s subsidiary in Angola, hosted in Luanda a signature of a Memorandum of Understanding (MOU) between Chevron New Energies, a […]

Chevron Reveals 3Q:23 Results, Comments on Hess Deal [PDF Downloads]

(Chevron, 27.Oct.2023) — Chevron Corporation (NYSE: CVX) reported earnings of $6.5bn ($3.48 per share – diluted) for third quarter 2023, compared with $11.2bn ($5.78 per share – diluted) in third […]

France’s TotalEnergies Reports 3Q:23 Results [PDF Download]

(TotalEnergies, 26.Oct.2023) — Paris-based TotalEnergies reported its financial and operational details for the third quarter of 2023. ____________________

Africa
Congo

Eni Reports Sail Away of the Tango FLNG, Excalibur FSU Vessels to Congo

(Eni, 21.Oct.2023) — In the presence of Bruno Jean Richard Itoua, Minister of Hydrocarbons of the Republic of the Congo, Maixent Raoul Ominga, Managing Director of SNPC, and Guido Brusco, […]

Africa’s $800bn Upstream Investment Cycle

(WoodMac, 18.Oct.2023) — The African upstream oil and gas sector is in the middle of an US$800bn capital expenditure (capex) programme that will see liquified natural gas (LNG) emerge as […]

African Leaders Slam Western Energy ‘Hypocrisy’ but Financing Woes Remain

(S&P Global, 17.Oct.2023) — In a rousing performance to open African Energy Week in Cape Town, the cry went out from a young troupe of singers: “We want change, we […]

Marathon Oil Inks LNG Sales Deal for Alba Gas in E.G.

(Marathon, 16.Oct.2023) — Marathon Oil Corporation (NYSE: MRO) announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary […]

Mozambique LNG TotalEnergies Publishes Response to French Newspaper

(TotalEnergies, 10.Oct.2023) — French daily newspaper Le Monde recently published an article mentioning the Mozambique LNG project. Detailed answers were provided to the questions of the journalist. However, given the lack of […]

TAAG Angola Airlines to Renew Fleet with Boeing 787 Dreamliners

(Boeing, 10.Oct.2023) — Boeing [NYSE: BA] and TAAG Angola Airlines announced that the African carrier is adding the highly fuel-efficient 787 Dreamliner to its fleet with an order for four widebody […]

South African Energy Minister Makes the Case for Oil & Gas Investment

(Energy Capital Power, 10.Oct.2023) — South Africa’s Minister of Mineral Resources and Energy Gwede Mantashe called for the unified and continued development of Africa’s oil and gas resources during an event in […]

APA Reveals 3Q:23 Guidance, Schedules Results Conference Call

(APA, 5.Oct.2023) — APA Corporation (Nasdaq: APA) provided supplemental information regarding certain third-quarter 2023 financial and operational results. This information is intended only to provide additional information regarding current estimates […]

Africa Oil Announces Strategic Hires

(Africa Oil Corp., 4.Oct.2023) — Africa Oil Corp. announced the strategic recruitment of two highly-experienced energy executives to strengthen its leadership team. Dr Oliver Quinn has been appointed Senior Vice President of […]

Altera Awarded Contracts with Eni for Baleine Field

(Altera, 3.Oct.2023) — Altera Infrastructure has been awarded contracts for redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Côte […]

EAI’s NRGBriefs: Sep. 2023

(Energy Analytics Institute, 30.Sep.2023) — Energy briefs as well as others related to finance and projects during Sep. 2023 including Petrobras saying that in regards the process of divestment of […]

CGG Starts Côte d’Ivoire Reimaging Project near Baleine Field

(CGG, 27.Sep.2023) — CGG announced the start of a major new multi-client 3D PSDM reimaging program in the Tano Basin offshore Côte d’Ivoire in association with the country’s Direction Générale […]

Africa
Ghana

Ghana Launches $550bn Energy Transition and Investment Plan

(Sustainable Energy for All, 22.Sep.2023) — His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country’s new Energy Transition and Investment Plan yesterday during a Global Africa Business […]

Africa
Libya

Eni Extends Support to Libya Following Floods

(Eni, 20.Sep.2023) — Following the devastating floods that have hit Libya last week as a result of storm Daniel, Eni, in cooperation with the Libyan National Oil Corporation (NOC)’s emergency […]

Libya

TotalEnergies Mobilized to Support the People of Libya

(TotalEnergies, 18.Sep.2023) — Following the devastating floods in Libya last week, TotalEnergies answered Libya’s National Oil Corporation’s call for support from the very first hours of the tragedy. The Company […]

Eni Tops TotalEnergies as Africa’s Top Producer

(Energy Analytics Institute, 11.Sep.2023) — Eni actually takes the top spot as Africa’s top producer, not TotalEnergies, according to Welligence Energy Analytics. Producing around 900,000 boe/d, 40% of Eni’s output […]

African School of Regulation Launches during African Climate Summit

(The Rockefeller Foundation, 5.Sep.2023) — The African School of Regulation (ASR) officially launched today during the Africa Climate Summit 2023, which is co-hosted by the Republic of Kenya and the African Union. […]

An African Gas Renaissance En Route to a ‘Just Energy Transition’ [PDF Download]

(The Oxford Institute for Energy Studies, 5.Sep.2023) — The impact of the Russia-Ukraine war on the natural gas trade, inter alia, continues to be felt well beyond Europe’s borders. As […]

TechnipFMC Awarded Contract by TotalEnergies for Girassol Project

(TechnipFMC, 23.Aug.2023) — TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to install flexible pipe and associated subsea structures for the Girassol Life Extension project (GIR LIFEX) by TotalEnergies EP […]

Africa Energy Announces 2Q:23 Results [PDF Download]

(Africa Energy Corporation, 11.Aug.2023) — Africa Energy Corp. (TSXV: AFE) (Nasdaq First North: AEC) announces financial and operating results for the three and six months ended June 30, 2023. OUTLOOK The Block 11B/12B1 joint […]

Authorities Approve JV between Aker Solutions, SLB and Subsea7

(Aker, 4.Aug.2023) — Reference is made to the stock exchange release 30 August 2022 regarding the agreements to form a subsea joint venture with SLB and Subsea 7. Closing is subject to […]

Africa
Libya

Eni Revokes Force Majeure on Three Exploration Assets in Libya

(Eni, 3.Aug.2023) — Eni formalized with its Libyan counterpart NOC the revocation of force majeure status on exploration areas A and B (onshore), and C (offshore), where Eni is the […]

TotalEnergies Named Most-admired Explorer in WoodMac Survey

(WoodMac, 27.Jun.2023) — French major TotalEnergies has been named the upstream industry’s most-admired explorer and received the Discovery of the Year award in Wood Mackenzie’s industry-leading annual Exploration Survey. Dr. […]

Gabon

BW Energy Starts Third Well in Hibiscus Development

(BW Energy, 20.Jul.2023) — BW Energy announced that production has safely started from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. Well […]

IGU 2023 World LNG Report [PDF Download]

(IGU, 20.Jul.2023) — The International Gas Union (IGU) presented its 14th annual edition of the IGU World LNG report. ____________________

TotalEnergies, Aramco Complete Processing of oil from Plastic Waste

(TotalEnergies, 17.Jul.2023) — TotalEnergies, Aramco and SABIC have for the first time in the Middle East and North Africa successfully converted oil derived from plastic waste into ISCC+ certified circular […]

Africa
Ghana

Jubilee Field Producing Over 100,000 B/D

(Tullow, 17.Jul.2023) — Tullow provided an update on production from its Jubilee field following the recent start-up of the Jubilee South East (JSE) Project, offshore Ghana. Gross production from the field […]

TotalEnergies, Aramco and SABIC Process Oil from Plastic Waste

Shell Signs 12-Year Deal to Supply Morocco with LNG

(Morocco World News, 14.Jul.2023 ) — has entered into a 12-year agreement to provide the country with 0.5 billion cubic meters (bcm) of liquefied natural gas (LNG) annually. The deal was […]

Africa
Ghana

Tullow’s Provides Operations Update

(Tullow, 12.Jul.2023) — Tullow issues the following statement in advance of the Group’s 2023 Half Year Results scheduled for 13 September 2023. The information contained herein has not been audited and […]

Welligence Reveals LNG Outlook to 2030

(Welligence Energy Analytics, 7.Jul.2023) — Our LNG outlook report, published this week to clients, reveals key insights into the industry’s future. Can the LNG market overcome increasingly scarce supply, adapt to more concentrated production, […]

Africa
Egypt