ANGOLA: Solenova, an Eni-Sonangol JV, lays the first stone first photovoltaic project

Solenova, a joint venture equally owned by Eni and Sonangol for the development of renewable energy projects, has lain the first stone of what will be Angola’s first photovoltaic power … Read More

ANGOLA: Striped-Horse Atlântico Lda, Rockwash Geodata to Establish & Maintain a Digital Well cuttings National Data Repository

Striped-Horse Atlântico Lda (SHAL) along with Rockwash Geodata Ltd have announce an agreement with the Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG) of Angola to establish a world class … Read More

ANGOLA: Sirius, Somoil Sign SPA with Sonangol to acquire offshore Blocks 18, 31 and 27

Sirius and its local JV partner, Somoil S.A have announced that the joint Sirius-Somoil consortium, has signed a legally binding Sale and Purchase Agreement (SPA) with Sonangol Pesquisa e Produção S.A. to acquire … Read More

ANGOLA: Afentra Selected as Preferred Bidder to Purchase Interests in Block 3/05 and Block 23

Afentra has announced that Afentra has been selected as preferred bidder to purchase interests in Block 3/05 and Block 23. This follows the announcements on 8 October 2021 and 3 … Read More

ANGOLA: Eni Achieves Start-up from Ndungu EP Development Project in the Western area of Block 15/06

Eni started production from Ndungu Early Production (EP) development project, in Block 15/06 of the Angolan deep offshore, via the Ngoma Floating Production Storage and Offloading (FPSO) vessel. The start-up … Read More

ANGOLA: Eni & BP Finalise Agreement to Create New Independent Joint Venture

BP and Eni confirmed today that they have signed an agreement to form a new 50/50 independent company, Azule Energy, a BP and Eni company, through the combination of the … Read More

Could Restructuring African NOCs via Partial Privatization be a Game Changer in the African Oil and Gas Industry?

The prevailing system in African NOCs means a growing social and financial burden to oil producing countries that translates into low wages, poor quality goods and services By Leoncio Amada … Read More

Capex within Africa’s oil and gas sector to hit $30 billion in 2022

Despite global capital expenditure having been on a downward spiral between 2014 and 2020- owing largely to COVID-19 pandemic spending trends and energy transition-related divestment in Africa – the African … Read More

Africa’s Regulatory Landscape Sees Critical, Industry-Advancing Reforms

The African Energy Chamber’s Q1 2022 Outlook, the State of African Energy, details regulations implemented in Nigeria and Egypt that are fast tracking sectoral growth. With the energy transition pressuring … Read More