African Energy Chamber (AEC) Endorses Oando’s $783M Acquisition of Nigerian Agip Oil Company

Nigerian energy company Oando PLC has successfully completed its acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from Italian multinational Eni. As the voice … Read More

Acquisition Approval Delays: The Wrong Look for Nigeria 

By NJ Ayuk, Executive Chairman, African Energy Chamber The Nigerian government needs to step up its game regarding approvals for indigenous companies acquiring in-country foreign energy assets. The negative consequences … Read More

OPINION PIECE: Why Senegal and Mauritania are Front-Runners to Fill the Natural Gas Supply Gap Created by Russia

By NJ Ayuk, Executive Chairman, African Energy Chamber  When German Chancellor Olaf Scholz arrived in Senegal on May 22, he made clear that his country views energy — and natural … Read More

TANZANIA: The Signing of Initial LNG Framework Agreement will Open African Gas Markets

Tanzania has made history with the signing of the initial Host Government Agreement (HGA) for the country’s $30 billion liquefied natural gas (LNG) project. The agreement, which defines the fiscal, … Read More

Afreximbank, APPO MoU Creates Africa Energy Bank to Finance Africa’s Oil and Gas Projects

Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar … Read More

Energy Chamber Condemns the Lawsuit Restricting Funding to Mozambique LNG as Ill-Advised and Anti-Energy Poverty Eradication

As the voice for the African energy sector, the African Energy Chamber (AEC) condemns the recent attack on Africa’s energy and economic progress made by the environmental organization Friends of the … Read More

Oilfield Services Companies Represent Important Opportunities for Africa’s Energy Sector in 2022

By NJ Ayuk, Chairman of the African Energy Chamber  Oil and gas in Africa especially the central African region is just starting to hit its stride, OPEC Secretary General H.E. … Read More

More than US$25 Billion Worth of Deals Kicked off at African Energy Week in Cape Town

As the continent’s premier energy event, as well as the biggest event to take place in Africa in 2021, African Energy Week (AEW) 2021 did not only comprise the best … Read More

OPINION: Oil Discovery Will Lead to Huge Benefits for Namibia if Exploited Sustainably

By NJ Ayuk Six months ago, Canadian oil and gas company Reconnaissance Energy Africa Ltd. (ReconAfrica) began exploratory drilling in the deep Kavango Basin of northeast Namibia and into northwest … Read More

ACTING Launches African Gas 2021 Report, Forecasts Rapid Growth of Gas-to-Power

ACTING’s inaugural report offers most comprehensive resource on Sub-Saharan Africa’s natural gas market trends; Africa to witness increase localization and regionalization of LNG trade on the back of AfCTFA and … Read More