Energy

Mauritania has signed an exploration and gas production contract with energy firms Go gas and Taqa Arabia to tap into the discovered Banda and Tevet fields, which boast an estimated 2.2 trillion cubic feet (Tcf) of natural gas reserves. The deal represents an investment of some $1bn and is a key part of the West […]

The race to host the headquarters of the Africa Energy Bank, a new institution aimed at financing the continent’s energy sector, is heating up as seven countries compete to meet the criteria before the end of March. The bank, which is expected to launch by June 30, 2024, is an initiative of the African Petroleum […]

Transoceanic Gas & Power has announced the start of pre-FEED work for a new 3 million tons per annum (mtpa) floating LNG (FLNG) project offshore Nigeria, in cooperation with Wison New Energies and NMDPRA. The company seeks to develop an offshore gas hub around OPL 289, an offshore license located next to the Pennington terminal. […]

Tetracore Energy Group, a prominent player in Africa’s energy sector, is partnering with the Africa Prosperity Dialogues 2024 (APD 2024) in Ghana ahead of its opening of the country’s first compressed natural gas (CNG) mother station in the West African country later this year. The Nigerian company will be gold sponsor of the 3-day annual […]

The eighth edition of the Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) returns to the Eko Convention Center in Lagos from 13-15 February 2024. This premier industry event, is hosted by PETAN in strategic partnership with the Nigerian Content Development Monitoring Board (NCDMB), Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and NNPC Limited. Keeping with […]

Shell has announced today the sale of its onshore Nigerian subsidiary, the Shell Petroleum Development Company (SPDC), to the Renaissance Africa Energy Company comprised of ND Western, Aradel Energy (former Niger Delta E&P), First E&P, Waltersmith and Petrolin. The deal is still subject to approvals by the Nigerian government and, if completed, would represent the […]

Egypt is gearing up to host the Egypt Energy Show (EGYPES) 2024, a three-day event that will bring together thousands of energy experts, investors, and policymakers to discuss the challenges and opportunities of the global energy transition. The show, which will run from Feb. 19 to Feb. 21 at the Egypt International Exhibition Center in […]

Gabon’s Transition President General Brice Clotaire Oligui Nguema has inaugurated Perenco’s Batanga LPG Plant last week, marking another critical milestone in the roll out of Perenco’s gas monetisation strategy in Central Africa. Perenco is a pioneer in the monetisation of associated gas in the Gulf of Guinea where it is deploying innovative solutions to reduce […]

VFuels LLC, a Houston- based oil and gas engineering firm, has signed a Front-End Engineering Design (FEED) contract with HSI Refining & Petrochemical Company Ltd for a modular refinery project in Nigeria. The contract, which was announced on 17th November, covers the design and engineering of a 5,000 barrels per day (bpd). The refinery will […]

Nigeria and Germany have signed a historic agreement that will see Africa’s largest oil producer supply more gas to Europe’s biggest gas consumer. In an MOU signed by Nigeria’s Riverside LNG project, which works in the country’s Niger Delta, and Germany’s Johannes Schuetze Energy Import, Nigeria will export 850,000 tons of liquefied natural gas per […]

TAQA Arabia, Egypt’s full-service energy and utility provider, has commissioned Tanzania’s first integrated Compressed Natural Gas (CNG) Filling Station and Conversion Center branded “Master Gas.” The project was carried out by TAQA Dalbit, a Joint Venture (JV) between TAQA Arabia and JCG Oil & Gas, a unit of the Janus Continental Group (JCG). The CNG […]

The Nigeria Liquefied Natural Gas (NLNG) Train-7 project has reached 52% completion, as Africa’s leading oil producer pushes to boost its gas sector and increase its revenue from gas exports. The multi-billion dollar NLNG Train-7 project is an expansion under construction at the 22.5 mtpa NLNG Terminal in Bonny Island, Rivers State. The project aims to […]

Nigeria has introduced a new crude oil grade to the international oil markets with the exports of two cargoes of Nembe Crude Oil from the new Nembe Crude Oil Export Terminal (NCOET), NNPC Ltd said. The two initial cargoes of 950,000 barrels each have been exported to France and the Netherlands. Nembe crude is produced […]

The development of the world-class Yakaar-Teranga gas fields offshore Senegal will welcome a new partner alongside Kosmos Energy and PETROSEN, the national oil company said today. Earlier this week, Kosmos Energy announced it was increasing its working interest in the Cayar Profond Block from 30% to 90% and assuming operatorship after the exit of bp. […]

Greenville LNG, a company producing liquefied and compressed natural gas for the Nigerian market, has officially inaugurated the first-ever Liquefied Compressed Natural Gas (L-CNG) station in the country today amidst efforts to boost domestic use of gas as a cleaner and cheaper fuel in Africa’s most populous country. Launched in Nigeria’s Kaduna state, the outlet […]

RusselSmith, one of Nigeria’s leading oil and gas maintenance and inspection solutions companies, has gained approval to deploy its industrial non-metallic additive manufacturing solution in the Nigerian oil and gas industry. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) gave the approval for the country’s first industrial 3D manufacturing solution for the oil and gas industry. […]

Century Energy Services Ltd (CESL), part of Nigeria’s Century Group, has announced the completion of spread mooring installation at the floating, storage and offloading (FSO) unit ELI Akaso offshore Bonny in Nigeria. The double hull terminal has a storage capacity of 2 million barrels and will provide hydrocarbons evacuation, storage, and offtake solutions for producers […]

Over 350 C-level executives from West African Governments, Oil and Gas companies, investors and top service companies will meet with ONHYM in Marrakech to discuss the Nigeria-Morocco pipeline, E&P opportunities in Morocco, and how to get involved in one of the world’s top future energy hubs. The Energy Circle by IN-VR is pleased to announce […]

On September 27th, Afreximbank signed an agreement to provide a $300m facility to Trident OGX Congo for the development of the onshore Mengo-Kundji-Bindi II (MKB II) oil fields in the Republic of Congo. The reserve-based lending (RBL) facility will support the company’s capex programme to increase the country’s oil production by 30%, according to Afreximbank. […]

This story was first published on the Hawilti+ Terminal on 13 September 2023. Côte d’Ivoire’s Cabinet has adopted a resolution on September 13th on the signing of a new production sharing contract (PSC) for block CI-705 with Ivory Coast Exploration (ICE) Oil & Gas. The block is located offshore Fresco and was relinquished by TotalEnergies […]

This story was first published on the Hawilti+ Terminal on 18 September 2023. Nigeria National Oil Petroleum Company (NNPC), the country’s state energy firm, and Indorama Eleme Petrochemicals Ltd., an entity of the Singapore-based Indorama Group, have signed an MoU that will allow both parties to explore opportunities across Nigeria’s hydrocarbon value chain, as Africa’s […]

This story was first published on the Hawilti+ terminal on 2 September 2023. N-Sea, Netherlands-headquartered subsea services company, says it has expanded its area of operations to West Africa as it commences survey operations to support the development of the Nigeria-Morocco Gas Pipeline project. The project is led by Morocco and Nigeria’s national oil companies, […]

The Tetracore Energy Group, a fast-growing gas and power solutions provider based out of Nigeria, has launched a unique graduate management training program in Lagos last week. The initiative is part of the company’s commitment to grow domestic capacity and local content, as a time when African markets are rapidly expanding their domestic gas value-chains. […]

The following is submitted by dmg Events and published by Hawilti Ltd In line with Egypt’s ambition to be a global energy trading hub and its target to reduce 10% greenhouse gas emissions by 2030, the seventh edition of the Egypt Energy Show (EGYPES) is set to introduce the CLIMATECH Challenge, an initiative that is […]