Speaking at the International Petroleum (IP) Week on February 25, 2021, I commended Nigeria for its efforts in driving gas monetization, but we have to be clear that our industry and hardworking people remain frustrated by the delays and inability to pass and sign the Petroleum Industry Bill. There needs to be that fierce sense […]
Category Archives: Energy
Africa: Energy, Renewable Energy, Green Energy, Gas, Oil, Electricity
Energy, Green Energy, Sierra Leone, Uganda News
Winch Energy Closes Largest Limited Recourse Mini Grid Portfolio To Date In Uganda And Sierra Leone And Creation Of A New Platform Winch IPP Holdings For Future Investments
Leading off-grid utilities provider, Winch Energy, has completed the funding for solar mini grid projects in 49 villages across Uganda and Sierra Leone through the creation of a new platform, Winch Energy IPP Holdings Limited (“WIPP”). The deal represents the largest mini grid financing portfolio to date, bringing together several major players in the off-grid […]
Energy, Green Energy
Janus Continental Group (JCG) Invests $13 Million in Highview Power as part of African renewable energy storage drive
JCG’s investment arm Janus Capital takes stake in Highview Enterprise Limited. The deal will bring Highview Power’s cutting edge CRYOBattery™ energy storage technology to JCG’s core markets in sub-Saharan Africa. The investment will unleash the potential of renewable energy storage across Africa, supporting JCG’s wider growth and business goals in this sector. Janus Continental Group (JCG), […]
Energy, Mali News
How Optimized Energy Management Delivers Reliability, Efficiency and Sustainability at the Fekola Mine in Mali
Op-Ed By Luke Witmer, General Manager, Data Science, Wärtsilä Energy Storage and Optimization Since B2Gold first acquired the Fekola gold mine, located in a remote corner of southwest Mali, exploration studies revealed the deposits to be almost double the initial estimates. A recent site expansion has just been completed, and while the existing power units provide enough […]
Energy, Main
It’s Time to Rethink Licensing Rounds: For Africa’s Oil- and Gas-Producing Countries, Negotiating the Current Environment May Require…Negotiation
In late 2019, as the African oil and gas industry was looking to the future with optimism, an Offshore Engineer wrote that the continent had reason to expect a “more productive 2020.” Instead, the unforeseen happened, and the COVID-19 pandemic had a devastating impact on the oil and gas industry in Africa and around the […]
Angola News, Energy
Angolan Legal Reform Shows How Africa Can Use Oil and Gas As a Springboard Towards Job Creation— But Only if It Looks Beyond the Obvious Options
For decades, many of Africa’s oil- and gas-producing states followed a predictable pattern. They treated their oil and gas primarily as raw materials that could be sold abroad for a quick profit, rather than as a means of supporting efforts to make more lasting changes in the economy of the nation as a whole. This […]
2021 could be the beginning of a much needed reset for US relations with Africa and its various countries and regions. To date, most African governments have responded positively to the results of the recent U.S. presidential election, with many African leaders offering their congratulations to Joe Biden. That is no surprise: Donald Trump’s presidency […]
Egypt News, Energy, Science, Tech
A Young Egyptian Researcher Attracts the Attention of British and European Oil Companies. Dr. Mohammad ElSayed Develops the First Multi-Sensing Robot System for Monitoring Offshore Oil and Gas Platforms in Britain
In an interview with Iris Media Agency, Dr. Mohammed ElSayed, a young Egyptian researcher at the University of Edinburgh, asserted that his success in developing a new multi-sensing robot has attracted the attention of both British and European oil and gas companies. Dr. Mohammad, who is currently spending his vacation in Abu Dhabi, mentioned that his novel invention will […]
Angola News, Cameroon News, Energy, Gabon News
African Countries Must Develop Strategic Fiscal Policies to Survive Oil and Gas Industry Changes on Horizon
The future of the global oil and gas industry has been a subject of great fascination and debate for decades. Since COVID-19 surfaced, there has been even more conjecture on this topic and, in particular, the most likely timing for “peak oil,” when crude production reaches its maximum rate before going into permanent decline. Predictions […]
Burkina Faso News, Energy, Green Energy, Mali News, Tanzania News
Hybrid solutions are the most effective way to deliver reliable clean power to remote off-grid mining operations in Africa
Op-ed by Tarik Sfendla, Market Development Manager, Africa chez Wärtsilä Energy Business The energy markets are undergoing a massive transformation as governments around the world transition away from fossil fuels towards the integration of renewable energy. This trend is clearly visible in the mining industry as demonstrated by recent power projects in South America and in […]