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AOG 2022 Presents A Great Opportunity To Invest In Angola’s Oil And Gas Future – Nj Ayuk

7Nov

By NJ AyukNo Comments

Angola News, Energy

AOG 2022 Presents A Great Opportunity To Invest In Angola’s Oil And Gas Future – Nj Ayuk

Now more than ever is the time to invest in Angola’s energy industry and drive inclusive and sustainable economic growth on the back of oil and gas. At a time when global markets are turning to African oil and gas, Angola has emerged as a highly attractive investment destination among international players, with the country’s enabling business environment making it the market of choice for financiers and project developers across the entire energy value chain. As a champion of and advocate for the African energy industry, I have seen firsthand the success of Angola in becoming Africa’s largest oil producer and taking great steps to reverse its production decline, which has resulted in a plethora of new players entering the country’s oil and gas space. Angola is also actively prioritizing...

22Oct

By Ogi Williams and Jacques Du PreezNo Comments

Energy

African Oil & Gas: Evolving the industry post Covid-19

By Ogi Williams and Jacques Du Preez The following paper provides excerpts from Johannesburg-based consulting firm In On Africa’s 2021 African Oil and Gas report. The post Covid-19 period has pushed Africa's oil and gas industry to adapt to a very different paradigm and one revolving around hydrocarbon divestment and increased renewable energy focus. As the pandemic and related financial fallout drove oil prices down and well beyond sustainable thresholds during 2020, projects across the continent were delayed or abandoned entirely. This has been compounded by the growing risks to financing posed by the global divestment movement, with some of the continent's largest financiers announcing a gradual draw down on hydrocarbon financing. One silver lining amid this uncertainty is the renewe...

27Sep

By Africa BusinessNo Comments

Angola News, Energy, Events, Interview

What you need to know about Angola’s premier Oil, Gas and Tech Conference

The upcoming second Angola Oil and Gas Service and Technology Conference (AOTC), is set to run in Luanda from 23-25 November and it’s shaping up to be the event of the year. The event billed as the country’s premier oil, gas and technology conference has once again been endorsed by the Angolan Ministry of Mineral Resources and Petroleum. Given this high-ranking support, it's not surprising that a host of prominent, respected government and industry expert speakers from the oil and gas industry and other private sectors are on the programme. The AOTC was started last year by the Angolan Oil & Gas Service Companies Association (AECIPA) and is again hosted in partnership with the international events organiser GEP. Engineer Bráulio de Brito, the President of the AECIPA and Chairman o...

27Sep

By African Energy ChamberNo Comments

Energy, Green Energy, Senegal News

A Just Energy Transition as advocated by President Macky Sall, will benefit Senegal’s economy, and create jobs for its young people

African oil- and gas-producing countries have been facing increasing pressure this year to abandon oil and gas activities and begin relying instead on green energy sources like wind, solar, and hydrogen to help prevent climate change. Many of these African countries are pushing back, however, and rejecting the notion that their energy transitions should follow the same pattern as Western ones. In Senegal, where the development of oil and gas fields has put the country on the precipice of tremendous economic growth, Minister of Petroleum and Energy Aissatou Sophie Gladima has pushed and worked for a tempered and balanced approach to protecting the environment, one that considers the pressing needs of Senegalese people and businesses and the African Energy Chamber believes it is a step in t...

12Sep

By Africa BusinessNo Comments

Angola News, Energy, Events

Global Industry Experts to Unite to Empower Women to Advance in the Oil and Gas Sector

“The women empowerment era will bring a new dynamic to the Industry. Not to just by empower other women but also our communities.” Ms. Eugenia Langa, founder and CEO, Nweba, speaker Angola Energy Series 2021 The first set of speakers has been announced for the first event in the 2021 Angola Energy Series, ‘Women in Energy: Angola Advance’ bringing a pool of experience and knowledge together to help oil gas and energy organisations address how they can create and invest in a diverse, enterprise-wide talent pipeline in Angola and the across the globe. Angola Country Manager for multinational oil and gas company – TechnipFMC, who has had operations in Angola for over 20 years, Dra. Filipa Vilhena Santos, will be participating in the series for the second time, following on from her insig...

12Sep

By Africa BusinessNo Comments

Energy, Events, Uganda News

Driving the Final Steps in Commercialisation and Production

Government and industry leaders to gather this month for the return of the Uganda International Oil & Gas Summit Marking its 6th edition, the Uganda International Oil & Gas Summit (UIOGS) will return from 28-29 September hosted in partnership with the Ministry of Energy and Mineral Development, Uganda in a virtual format, via the energy advance platform. Hon. Ruth Nankabirwa, Minister of Energy and Mineral Development (Energy), will deliver the opening address to delegates, followed by an overview of the latest updates on the Hoima – Tanga Pipeline Project from Eng. Irene Pauline Batebe Okello, Energy Ministry – Permanent Secretary, Dr. Ernest Rubondo, Executive Director and Secretary to the Board, Petroleum Authority of Uganda and Ms. Proscovia Nabbanja, CEO, Uganda National Oi...

4Aug

By Africa BusinessNo Comments

Energy, Uganda News

Uganda is the Biggest Oil Story in Africa and is Set to Make a Strong Play for Investment at African Energy Week in Cape Town

Uganda has emerged as a formidable oil and gas competitor and African Energy Week (AEW) 2021 in Cape Town will showcase it. With sizeable reserves, enabling regulation, and a proactive national oil company that prioritizes local participation, inclusivity, and capacity building, the country is positioning itself as a force to be reckoned with, and AEW 2021 in Cape Town (9th-12th of November 2021) will drive this narrative. In a recent working visit to Uganda, the African Energy Chamber (AEC) emphasized the role that AEW 2021 will play in showcasing the country’s energy progress, placing Uganda as a top priority at Africa’s premier energy event in order to drive associated dealmaking. Despite representing a relatively new hydrocarbon sector, Uganda - with its 6.5 billion barrels of proven...

AECIPA Launches Programme for the Angola Energy Series 2021

3Aug

By Africa BusinessNo Comments

Angola News, Energy

AECIPA Launches Programme for the Angola Energy Series 2021

Following the considerable success of the inaugural Angola Energy Month December 2020, the Angolan Oil & Gas Service Companies Association (AECIPA) has announced the launch of its Angola Energy Series programme, which will culminate in the 2nd Angola Oil and Gas Service and Technology Conference (AOTC) hosted in Luanda from 23-25 November. AECIPA established the Angola Energy Series as a platform for the sharing of knowledge, information, ideas, solutions and most importantly, purposeful business interactions. AOTC 2020 was hosted under the high patronage of the Ministry of Mineral Resources and Petroleum, Angola with in-depth content from over 50 speakers, engaging with an audience of more than 1,250 from 43 countries across the globe. In addition, over 300 video meetings were ...

18Jun

By Yusuff WaleNo Comments

Energy, Nigeria News

Nigeria’s latest gas-related power shortages could have been avoided. Here is why.

Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days remained below 4,000 MW, six percent below-average production. Low pressure on the Escravos-Lagos Pipeline System (ELPS) left several gas turbine power plants with insufficient gas supply, leading to plant shutdowns and widespread power blackouts. Unlike gas turbine power plants, gas engine power plants have the flexibility to function during low gas pressure events. This flexibility significantly lowers power production risk, a supreme advantage in the context of gas supply disruptions and systemic power shortages. Power cuts in Nigeria are a regular occurrence. Data from the Transmissio...

17Jun

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

Africa Energy Week 2021, Taking Place in Cape Town; Will Focus on Investment, Oil and Gas, Renewables and Energy Transition

The African Energy Chamber is set to host the first-ever African Energy Week (AEW) in Cape Town on 9th – 12th November 2021. Replacing Africa Oil Week, the four-day interactive conference seeks to unite industry stakeholders, international speakers and movers and shakers from the African oil and gas sector. The conference comprises high-class networking events, innovative exhibitions, and one-on-one private meetings, with a golf tournament on the final day, providing a one-of-a-kind experience for stakeholders interested in the growth and success of the African energy sector. The African Energy Chamber (AEC) is excited to announce the official launch of African Energy Week (AEW) 2021, taking place in Cape Town on 9th – 12th November 2021. AEW 2021 will showcase the first-ever Afric...