investments


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Ambitious Energy Outlook

Read more on the DRC's resource-rich potential in the upcoming Africa Energy Series: Preview: Democratic Republic of the Congo 2021 – the leading investor resource for tracking the country's current and future movements within the sector. The Democratic Republic of Congo's mining sector has been ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 days agoLink > DRCAfricaAfrican Energy +11

Mozambique Can Realize Full Benefits of Natural Gas Production

By  Florival Mucave, Executive Chairman, Mozambican Oil and Gas Chamber   For far too long, descriptions of Mozambique have contained some variation of the following:  Mozambique one of the poorest Least Developed Countries in the world faces endemic droughts, floods and widespread poverty. But w ...

Aydanur Akkurt - Africa Oil & Power


Posted 9 days agoOpinion > MozambiqueMozambique Gas & PowerMGP2021 +20

Angola’s Proactive Approach to Drive Exploration

In 2020, Angola seeks to drive frontier exploration through its upcoming offshore licensing round in the Kwanza and Congo basins, as well as optimize existing resources through three recent block extensions and phased development of short-cycle satellite fields. Downstream, Angola is spearheading ...

Aydanur Akkurt - Africa Oil & Power


Posted 14 days agoLink > AngolaAngola Oil & GasLuanda +23

Mozambican Oil & Gas Chamber Endorses Mozambique Gas & Power 2021 Event, Unites Mozambique Pro-Gas Alliance

The Mozambique Gas & Power 2021 event gains key endorsement from the Mozambican Oil & Gas Chamber (CPGM) . CPGM joins the Ministry of Mineral Resources and Energy (MIREME) and the African Energy Chamber as leading partners of the March 2021 event. Honoring the leadership of H.E. President of ...

Aydanur Akkurt - Africa Oil & Power


Posted 16 days agoPress > MozambiqueMozambique Gas & PowerMGP2021 +20

Mozambique LNG: Uniting International Financiers

Total's Area 1 Mozambique LNG development has countered the projected slow- down in energy investment during COVID-19 by securing the largest FID in Africa to date. With a total post-FID investment of $20 billion and $14.9 billion in project financing, Mozambique LNG represents the largest foreig ...

Aydanur Akkurt - Africa Oil & Power


Posted 16 days agoLink > MozambiqueMozambique Gas & PowerMGP2021 +21

Mozambique Showcases Mega Gas Potential

Recently selected as Africa Oil & Power's “Person of the Year” for 2020, President Nyusi has been at the helm of Mozambique's energy sector during its many recent successes, establishing natural gas as a means of generating long-term economic diversification, skills development and job creation ac ...

Aydanur Akkurt - Africa Oil & Power


Posted 21 days agoLink > MozambiqueMozambique Gas & PowerMGP2021 +23

Driving Sustainable Development

As Mozambique emerges as a global gas player, the Southern African country is establishing such strategies for sustainable development through the upcoming approval of a new Local Content Law, which establishes a local content framework and the institutional bodies needed to monitor the outcome of ...

Aydanur Akkurt - Africa Oil & Power


Posted 22 days agoLink > MozambiqueMozambique Gas & PowerMGP2021 +17

Mozambique’s Economic Future Will Rely on Monetization of Gas at Home

In celebration of the recipient of AOP's ‘Person of the Year Award', H.E. President Felipe Nyusi, we are running content from the  Africa Energy Series Report 2020: Mozambique , which highlights Mozambique's gas revolution. H.E. Nyusi will receive the prestigious award at the  Mozambique Gas & Pow ...

Aydanur Akkurt - Africa Oil & Power


Posted 24 days agoOpinion > MozambiqueMozambique Gas & PowerMGP2021 +14

Financing LNG in Mozambique

With eight planned liquefied natural gas (LNG) projects containing a total liquefaction capacity of 44 million tons, sub-Saharan Africa is set to become a regional leader in LNG production and export, accounting for 8% of potential global capacity by the mid-2020s. In November, the African Develo ...

Aydanur Akkurt - Africa Oil & Power


Posted 28 days agoLink > MozambiqueMozambique Gas & PowerMGP2021 +16

Mozambique President Named Africa Oil & Power’s “Person of the Year” for 2020

H.E. Filipe Nyusi, President of Mozambique has been selected as Africa Oil & Power's “Person of the Year” for 2020 by Africa Oil & Power. This prestigious award is presented to exceptional individuals who display true leadership and innovative thinking in steering their countries or organizations t ...

Aydanur Akkurt - Africa Oil & Power


Posted 29 days agoPress > AfricaAfrica Oil & PowerAOP +19

CNN’s Eleni Giokos to moderate discussion on German-African business relations with Chancellor Merkel’s Africa Envoy

Find the German version  here The discussion will be centred on the topic: Investment and Trade for Africa's Economic Development. Co-moderated by the Germany Africa Business Forum and spearheaded by H.E Günter Nooke, Africa Envoy to  Chancellor Merkel,  the discussion also includes NJ Ayu ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 month agoPress > AfricaAfrica EnergyAOP +19

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 1 month agoLink > AngolaLuandaAngola Oil & Gas +27

A Tale of Two Divestments: BP & Shell

Two major sales by supermajors have captured the headlines recently: BP's exit from the petrochemicals sector through a sale to INEOS, and Shell reaffirming its desire to sell its 35% stake in the Abadi LNG project in Indonesia. But BP's footprint in the petrochemicals business has been shrinking ...

Hui Shan


Posted 3 months agoLink > ShellIndonesiaChevron +6

N-Sea Celebrates Successful Year End in Middle East

  N-Sea, a leading IMR subsea services provider, has celebrated a successful end to 2019 for its Dubai division, with contract awards exceeding 15 million USD, as well as significant growth of its workforce. The projects will see N-Sea complete saturation and air diving scopes in Egypt, as well c ...

Laura Krauss


Posted 1 year agoPress > N-SeaMiddle Eastcontracts +4

Mahakam Signifies Indonesia’s Indecision on Upstream Investments

In operation since 1966, the Mahakam gas block in Indonesia has been an important cornerstone of the country's natural gas production, feeding a significant portion of LNG produced at the Bontang plant. As of 1 January 2018, operatorship of the block transfers to state oil firm Pertamina, taking ove ...

Easwaran Kanason


Posted 2 years agoOpinion > MahakamIndonesiaTotal +2