Category: Countries
Government’s commitment to diversify Angola’s Economy Continues to Offer Opportunities for Investors in the Power Sector
Notwithstanding the ongoing crisis in the oil sector globally that has led to significant drops in government revenue, the Angolan Government has said it remains ever more committed to the … Read More
Total Committed and Planned Investments for 2020-2024 in the MENA’s Energy Sector in Excess of USD792bn
Committed and planned energy investments in APICORP’s 2020-24 investment outlook amount to USD792bn, a USD173mn drop compared to USD965bn in 2019-2023; The decline in investments is largely attributed to the … Read More
Gabon Prepares to Open Oil, Gas and Power Opportunities, Stimulate COVID-19 Recovery
Gabon Oil & Power, taking place on March 15-16, 2021, in Libreville, will be the leading investment platform for Gabon’s oil, gas and power industries; The conference will showcase the … Read More
Global Upstream Investments Set For 15-year Low, Falling to USD383 billion in 2020 – Rystad Energy
Following the publication of the upstream industry’s first quarter results, a Rystad Energy analysis reveals a gloomier investment-budget picture than previously thought. Global spending is now forecasted to reach $383 … Read More
MOZAMBIQUE: Local Enterprises Lead at Mozambique Gas and Power Event, to Launch in March 2021
Africa Oil & Power has announced the launch of the Mozambique Gas & Power 2021 event, scheduled for March 2021. Africa Oil & Power says it will work closely with … Read More
TUNISIA: Zenith Energy Makes First Payment to KUFPEC for Sidi El Kilani
Zenith Energy has announced that it has made payment for a total of US$250,000 to Kuwait Foreign Petroleum Exploration Company K.S.C.C (KUFPEC), a subsidiary of the State of Kuwait’s national … Read More
GABON: New PGS Seismic and Well Data for Extended Gabon License Round
A recent expansion of Gabon MegaSurvey coverage has significantly increased access to 3D seismic over the 35 open blocks on offer. The Direction Generale des Hydrocarbures (DGH) and PGS now … Read More
What it takes to get a Marginal Oil and Gas Field in Nigeria
Following its marginal fields licensing rounds in 2001 and 2013, the Nigerian Department of Petroleum Resources (DPR) recently released guidelines on the 2020 licensing round. Under the 2020 licencing round, … Read More
ALGERIA: SONATRACH, PTTEP, PVEP & MAIRE Tecnimont Sign Contract For The Creation of a 2nd Oil Treatment Train at Bir Sebaa
The Bir Sebaa Group, made up of SONATRACH and its two partners PTTEP and PVEP, on the one hand, and the Italian company specialized in Engineering Mayor Tecnimont, on the … Read More