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Play by Play: Prince Albert Formation

The most promising plays for unconventional oil and gas prospects in South Africa's Karoo Basin are the Prince Albert, the Whitehill and the Collingham formations. A 2013 study by the Energy Information Administration gives very positive indications for the Prince Albert shale's potential, as the ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > South AfricagasShale Gas +4

Play by Play: The Great Rift Valley

Vast, underexplored, and now known to be full of petroleum resources, the East African Rift System is one of the most exciting areas for onshore oil and gas investment in the world. In all, the Great Rift Valley represents perhaps the most interesting underexplored region for oil and gas in Afric ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > Rift ValleyKenyaSouth Sudan +6

Play by Play: Albertine Graben

The Ugandan basin had, until very recently, been divided in 17 different exploration zones situated within blocks 1, 2, 3A, 3B, 3C, 3D, 4A, 4B and 5, with blocks 2 and 3A covering almost all of Ugandan's territorial waters of Lake Albert. However, in a recent farm-down deal still subject to appro ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > Albertine GrabenLake AlbertLake Edward +2

Play by Play: Lake Kivu

Lake Kivu's oil and gas potential is less conventional than other basins in the East Africa Rift System (EARS), and yet, it is the only one where the resources in place are already in production. Estimated at 60 billion cubic meters of methane gas and 300 billion cubic meters of carbon dioxide ac ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > Lake KivuRwandaDRC +2

The Rules of the Game

In South Africa, we have great policies but the implementation is not monitored because we don't have the people capable of enforcing the legislation and that is where the critical issue has to be addressed. You must also have good people within the government to do the legislation, and of course ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > Dave WrightSouth Africa National Energy Associationnatural gas +2

Intra-African Trade Lacks Cohesiveness

We see a lot of times, huge policy disconnects even within the same economic region, where some of the tax laws are very inefficient in terms of getting products from country A to B, which in effect makes it very expensive, and ultimately detrimental to intra-Africa or even intra-regional trade. ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > Gunvor GroupLPGTrade +3

Political Certainty and Policy Discipline, a Way Forward for South Africa

South Africa is now gaining more political certainty, which will be good for investors, however, the key things I see happening this year are the revitalization of the Mineral and Petroleum Resources Development Act (MPRDA) and the challenges around commerciality as well as substantive and procedu ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > cape townSouth AfricaAfrica +9

Editor’s Top Picks from 2018

Here are some of the top interviews, news and articles from Africa Oil & Power's year of covering the continent's oil and power sectors. Africa is a home to giants — boasting some of the world's top oil and gas discoveries and a wealth of investment opportunities in power generation from oil and ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 months agoLink > NigeriaOPECNOPEC +2

Projects reaching FID in 2019

Cairn Energy and Woodside Energy's much anticipated SNE project is expected to reach FID in early 2019, with the companies submitting the Development and Exploitation Plan to the Ministry for approval in October 2018. Nigeria-based Seplat initially predicted reaching FID by the end of 2018 on the ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 months agoLink > OPECSenegalMauritania +3

Building on 2018

“As the oil price is steadily rising towards pre-collapse levels, the outlook is positive,” PwC said in its annual Africa Oil & Gas Review released in November 2018. By June 2018, more than $110 billion in global oil and gas projects had been approved since 2017 — a more than 100 percent increase ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 months agoLink > Oil and Gas Productionoil priceOffshore Drilling +10

Big Barrels: African Oil and Gas and the Quest for Prosperity

In his first book, Big Barrels: African Oil and Gas and the Quest for Prosperity, co-written with João Marques, Mr. Ayuk confronts the widely communicated view that African nations with oil and gas resources inevitably suffer from the effects of the ‘resource curse'. Through a detailed analysis o ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 years agoLink > AfricaOilgas +4

Opinion: The Energy to Make it Work | Petroleum Africa

BY: Guillaume Doane, CEO and Co-Founder of Africa Oil & PowerTHE AOP 2019 Conference in Cape Town in October will bring together African policymakers, energy sector companies leaders and analysts. In 2015, we launched Africa Oil & Power as a platform to support the efforts of African governments ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > South AfricaKenyaGabon +7

Home of oil and gas licensing round

Determined to attract investment and increase exploration activities in their oil and gas sectors, South Sudan, Equatorial Guinea and Gabon will continue their bidding round efforts at the flagship Africa Oil & Power (AOP) conference and exhibition on October 9 – 11 at the CTICC 1 in Cape Town, So ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > Licencing RoundGabonSouth Sudan +5

Lesotho Set to Announce New Energy Investment Drive

AOP talks to Khomoatsana Tau, Principal Secretary for the Lesotho Ministry of Energy and Meteorology, about the new energy investment and diplomacy drive to be launched at the Africa Oil and Power Conference in October 2019. The Lesotho Electricity Company is the only distributor in the country, ...

Aydanur Akkurt - Africa Oil & Power


Posted 3 months agoLink > LesothoKhomoatsana TauEnergy +7

Study: Oil, Gas Development Costs Fall, But Could Go Lower

Looking specifically at seven supermajors—BP, Royal Dutch Shell Plc (NYSE: RDS.A), Eni (NYSE: E), Chevron Corp. (NYSE: CVX), ExxonMobil Corp. (NYSE: XOM), Total (NYSE: TOT) and ConocoPhillips (NYSE: COP)—development cost per barrel of oil equivalent (boe) increased by 66% between 2011 and 2015, bu ...

Muktadir Ur Rahman


Posted 2 years agoLink > Supermajors Cost IndexBPShell +20
Last fetch 12/9/2019 12:41:09 AM