Crude oil


All posts for Crude oil

Oil and Gas Discoveries in Southwest Africa Set to Open New Basins for Development

By  NJ Ayuk, Executive Chairman, African Energy Chamber   Last spring, the Maersk  Voyager,  an ultra-deepwater drillship under contract by French supermajor Total, drilled a wildcat well in the deepest water ever — 3,628 meters (11,903 feet) in Block 48, a massive area with potentially huge oil r ...

Aydanur Akkurt - Africa Oil & Power


Posted 8 days agoOpinion > AfricaAfrican EnergyAfrican Energy Chamber +25

Libya Unites Large-Scale Production with Frontier Potential

Home to the largest recoverable reserves on the continent, Libya's vast and underexplored basins are sparking the interest of major operators, as the North African producer seeks to sustain oil output in the long-term. While Libya saw the temporary halt of its oil production earlier this year due ...

Aydanur Akkurt - Africa Oil & Power


Posted 13 days agoLink > AfricaAfrican EnergyEnergy +24

Timeline: Developing South Sudan’s Oil Industry

Read about South Sudan's growing oil sector and more in the Africa Energy Series Special Report: South Sudan 2020 – the leading investor resource for tracking South Sudan's current and future movements within the sector. While South Sudan discovered first oil 45 years ago, it remains one of the f ...

Aydanur Akkurt - Africa Oil & Power


Posted 26 days agoLink > South SudanSouth Sudan Oil & Power 2021Africa +19

Gabon’s Key Energy Facts

Read more about Gabon's growing hydrocarbon sector and more in the Africa Energy Series Special Report: Gabon 2020 – the leading investor resource for tracking the country's current and future movements within the sector. To reach its ambitious hydropower goals, the country's renewable energy dev ...

Aydanur Akkurt - Africa Oil & Power


Posted 29 days agoLink > GabonAfrica Energy SeriesAfrica +27

Brief: Impact of COVID-19 in South Sudan

Read about South Sudan's emerging oil sector and more in the Africa Energy Series Special Report: South Sudan 2020 – the leading investor resource for tracking South Sudan's current and future movements within the sector. The first bidding round to take place since the country's independence comp ...

Aydanur Akkurt - Africa Oil & Power


Posted 29 days agoLink > AfricaAfrican EnergySub-Saharan Africa +15

Africa’s Leading Producer

Producing 2.1 million barrels per day (bpd), Nigeria serves as Africa's largest oil and gas producer, although production is currently limited to 1.4 million bpd by OPEC-led quotas. In a bid to develop untapped resources andmonetize existing resources, 2020 has seen the launch of a marginal field ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoLink > NigeriaNigeria Oil Gas & Power 2021NOGP2021 +22

African Energy Chamber to Outline Post-COVID-19 African Energy Roadmap in New Book

The African Energy Chamber will launch the book “African Energy Road to Recovery:  How the African energy industry can reshape itself for a post-COVID comeback” in December. The book will contain data, insight, analysis and interviews, and will assess risks, opportunities and what is ahead ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoPress > African Energy ChamberAfricaAfrican Energy +30

Angola: Supporting Cross-Border Cooperation

*This article will be published in the upcoming AES: Angola COVID-19 Impact ReportAs a response to the reduction in oil demand amid global lockdowns, the Organization of Petroleum Exporting Countries (OPEC) and the G20 met in March, seeking to reduce the global supply of petroleum among top produc ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > AngolaLuandaAngola Oil & Gas +27

Nigeria: Africa’s Leading Producer

Producing 2.1 million barrels per day (bpd), Nigeria serves as Africa's largest oil and gas producer, although production is currently limited to 1.4 million bpd by OPEC-led quotas. In a bid to develop untapped resources and monetize existing resources, 2020 has seen the launch of a marginal fiel ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > NigeriaNigeria Oil Gas & Power 2021NOGP2021 +29

Webinar: LEVERAGING THE POWER OF TECHNOLOGY FOR OILFIELD OPTIMIZATION

Digitalization and optimization of oilfield assets have emerged as principal cost-cutting mechanisms in the wake of our new era, as oil and gas companies continue to face threats to efficiency, sustainability and profitability. Well integrity, enhanced oil recovery, manufacturing execution systems, ...

Aydanur Akkurt - Africa Oil & Power


    ZA 29 Sep 2020


Posted 2 months agoEvent > AOPAOP Webinarwebinar +27

Webinar: LOCAL CONTENT IN MOZAMBIQUE: OPPORTUNITIES FOR CAPACITY BUILDING UNDER COVID-19 & PREPARING THE WORKFORCE FOR 2021

COVID-19 has unsettled the oil and gas market throughout the continent, delaying projects and putting up roadblocks for the development of new industry. But with travel limited due to COVID-19, Mozambique has a new opportunity to fill a workforce gap posed by COVID-19 restrictions. What training an ...

Aydanur Akkurt - Africa Oil & Power


Maputo   Maputo   MZ 06 Oct 2020


Posted 2 months agoEvent > Local ContentMozambiqueAOP Webinar +16

Fossil fuels account for the largest share of U.S. energy production and consumption

Aramco is still 98% owned by the Saudi government, and the federal coffers, which run everything from the national airline to plans to open up for official tourism are dependent on the dividends that Aramco pays. With dry season in the oil and gas world setting in, some of these projects must now ...

Hui Shan


Posted 2 months agoLink > ProductionsupplyConsumption +12

Nigerian Independents Tackle Market Volatility

Since the Federal Government of Nigeria enacted its Local Content Law in 2010, several indigenous operators – Atlas Petroleum International and Oranto Petroleum, Shoreline, Aiteo Group, Eroton Exploration & Production Company and Seplat Petroleum Development Company, among others – have made subst ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > NigeriaNigeria Oil Gas & Power 2021NOGP2021 +16

Downstream as the Solution

*This article will be published in the upcoming AES: Angola COVID-19 Impact ReportThe Angolan government has launched an ambitious strategy to develop its refining capabilities and reduce its reliance upon and associated costs with imported fuel volumes, aiming to increase capacity from 80,000 bpd ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > AngolaAngola Oil & GasRefining +16

Driving Sustainable Development

In August 2019, the final proposal of Mozambique's local content law was approved, following five years of discussions between the government and private sector players. Local participation is defined as holding up to 15% of the share capital of either an enterprise to be created between foreign ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > MozambiqueMozambique Gas & PowerMGP2021 +10