Eye On
Supply Chain
OPINION: The Cost of Orthodoxy
Pulling Nigeria’s ailing economy from the brink calls for a radical improvement in efficiency within its oil & gas industry, writes Ofserv CEO Dimeji Bassir who presents opportunities to cut down the cost of production within Africa’s biggest oil market.
Gas Field Development
NNPC and TotalEnergies announce $550m investment in Nigeria’s Ubeta Gas Field
Discover how the $550M Ubeta Field investment by NNPC and TotalEnergies is set to enhance Nigeria’s LNG production, contributing to economic growth and energy security.
Gas Infrastructure
Private sector steps up efforts to expand Nigeria's downstream gas infrastructure
Nigeria's private sector is driving the expansion of the country's downstream gas infrastructure in partnership with state-owned NNPC Ltd, with companies like Tetracore Energy Group and Axxela recently launching new compressed natural gas (CNG) and liquefied natural gas (LNG) facilities.
NOG Energy Week 2024: West African Countries Harnessing Gas for Industrialisation to Boost Economic Development
Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialisation journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilisation, and by extension are addressing energy poverty and environmental challenges.
OPINION: Charting the Course - Who Dares, Wins!
In Nigeria, indigenous companies and smaller operators are stepping in to fill the void left by IOCs that have rationalised their portfolio. Amidst challenging access to capital, innovative financing models such as the contractor risk service model offer a promising solution, writes Constantine 'Labi Ogunbiyi.
Energy Sustainability
Axxela’s new gas plant to expand Nigeria’s gas infrastructure following bond success
The upcoming gas processing plant, slated to start operations by the end of 2024, plays a crucial role in Axxela’s strategy to bolster Nigeria’s domestic gas utilization and align with the government’s Decade of Gas initiative.
Gas to Power
Mauritania signs domestic gas deal for Banda and Tevet fields
The deal, representing an investment of some $1bn, is a key part of the west Africa nation’s plan to improve its energy infrastructure and boost electricity production.
Finance
NIES: Seven nations vie for Africa Energy Bank headquarters as launch nears
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.
Tetracore to regionalise gas expertise as it readies Ghana’s first virtual gas pipeline solution
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.
M&A
After its Shell acquisition, Renaissance will become pillar of Nigeria’s local content and gas monetization strategy
The Renaissance consortium comprises some of Nigeria’s most respected upstream companies with a demonstrated track record of redeveloping mature assets in the Niger Delta.
Energy Transition
Egypt to host major energy show focused on decarbonisation
The Egypt Energy Show 2024 will drive the energy transition and decarbonisation agenda in Africa and the Mediterranean.
State-owned Companies
APPO Concludes 5th African NOCs Meeting on a Call for South-South Energy Cooperation
The African Petroleum Producers Organisation (APPO) held the 5th Meeting of the CEOs of national oil companies (NOCs) today in Brazzaville. The presidence of the Meeting was handed over from Algeria’s Sonatrach to SNPC with a mandate of growing collaboration and partnerships between African state-owned energy companies.
