Tag: oil and gas

Equatorial Guinea awards Contract to American Company Nexant for Methanol-to-Derivatives Plant

The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea, in collaboration with the Atlantic Methanol Production Company (AMPCO), awarded American company Nexant the feasibility study for the construction of a new formaldehyde production plant in Punta Europa. The project is part of the Year of Investment and was previously agreed during a meeting last January between H.E. President Teodoro Obiang Nguema Mbasogo, H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons, Mar

New Angolan budgetary restrictions underline government’s determination to support Organization of the Petroleum Exporting Countries (OPEC) and boost industry

Download logoAngola’s minister of finance H.E Vera Daves signed on April 22nd a ministerial order suspending the implementation of all contracts signed under the Public Investment Programme whose source of funding has not yet been definitively secured. This is one of a number of emergency measures, including a freeze in public sector hiring that was announced in recent weeks in response to the oil price crash and the expected reduction in government revenue for 2020. Minister Daves’s

Centurion Legal Group adds Weight to Equal by 30 Campaign to strengthen role of Women in Energy

Centurion Law Group (https://CenturionLG.com) has become a signatory to the Equal by 30 Campaign, which calls for private and public sector commitments to further equal pay, equal leadership and equal opportunities for women in the clean energy sector by 2030. The Equal by 30 campaign is a joint initiative of the Clean Energy, Education and Empowerment Initiative (C3E), which works to advance the participation of women in the clean energy transition and close the gender gap, and the Interna

African Energy Chamber issues Urgent Advisory Guidelines for the Management and Safety of Oil Workers during the COVID-19 Pandemic and Africa-wide Lockdowns

Amid the ongoing effects of lockdowns in oil and gas-producing countries such as Nigeria, Angola, Algeria, Egypt, Libya, Congo, Gabon, Ghana, Equatorial Guinea, South Sudan and Cameroon, the African Energy Chamber (www.EnergyChamber.org) hereby issues pragmatic commonsense advisory guidelines for governments, oil companies and personnel. This is aimed at mobilizing, demobilizing and putting back our energy sector to work safely across the continent. The guidelines are open for free consultati

Namibia’s Minister of Energy and the Oil and Gas sector to discuss the Future of the Namibian Energy Industry in Exclusive Webinar

The free webinar will be hosted under the theme, The Future of the Namibian Energy Industry; Hon. Tom Alweendo will be joined by Executive Chairman of the African Energy Chamber (www.EnergyChamber.org), NJ Ayuk; The discussion will be moderated by Africa Oil & Power Field Editor, Thomas Hedley and Lawyer and Energy Specialist, Gawie Kanjemba; Follow the conversation through the #AECWebinars and #AOPWebinars. Continuing its Africa energy series webinars, the African Energy Chamber will prese

Rosgeo, Russia’s leading geological company, signed first contracts to start exploration and increase the potential of mineral and hydrocarbon resources in Equatorial Guinea

Download logoJSC Zarubezhgeologia and JSC Yuzhmorgeologia, internationally operating subsidiaries of the Russia’s state-owned joint stock company Rosgeo and the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea have signed two services contracts for the initial phase of seismic acquisition in transit zone and state geological mapping in the Rio Muni area, Equatorial Guinea. These contracts follow the signing of a Memorandum of understanding between both entities during the Russ

Africa Oil and Power and the African Energy Chamber to Host a Webinar on Opportunities in Uganda’s Oil and Gas Sector

The webinar will highlight opportunities in Uganda, currently considered as one of Africa’s most promising oil and gas frontiers; Speakers include Hon. Dr. Elly Karuhanga, Chairman of Uganda Chamber of Mines and Petroleum, NJ Ayuk, Executive Chairman of the African Energy Chamber, Gilbert Kamuntu, Chief Commercial Officer of the Uganda National Oil Company and Brian Muriuki, Managing Director and Country Chair, Shell Ghana; The webinar is open to the public and will take place on Wednesday

First Unitization Agreement between Eni and Springfield Exploration and Production (E&P) will usher a New Era for Ghana’s Upstream Sector

Following study of technical evidence from Springfield E&P (SEP)’s West Cape Three Points 2 (WCTP2) License and Eni’s Offshore Cape Three Points (OCTP) License offshore Ghana, the Government of Ghana has declared earlier this year that the Afina-1x Cenomanian reservoir and the Sankofa Cenomanian reservoir are “one and the same”. This conclusion calls for a Unitization Agreement between both operators in order to develop the reservoir that straddles both of their blocks.