Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Angola Committed to Meeting Energy Objectives Amid COVID-19

Until 2025, power demand in Angola is expected to grow at a substantial rate, with the overall system load reaching 7,200 MW

Africa Oil & Power (http://www.AfricaOilandPower.com), the African Energy Chamber and the U.S.-Angola Chamber of Commerce united to present, ‘Powering Forward: The Pathway to Grid Stability, Increased Capacity and a Diversified Angolan Economy,” on Thursday; The webinar addressed how Angola can continue to prioritize its development of national transmission and distribution…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Energy Transition Plays Role in Driving FIDs Across Africa

Natural gas developments are facing fewer delays in FID than oil exploration and production projects

Hosted by Africa Oil & Power (http://www.AfricaOilandPower.com) and the African Energy Chamber, the ‘Closing Deals: Advancing FID During COVID-19’ webinar addressed the prioritization of energy projects in an environment of limited capital investment; Natural gas developments are facing fewer delays in FID than oil exploration and production projects. ‘Closing Deals:…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Gabon Prepares to Open Oil, Gas and Power Opportunities, Stimulate COVID-19 Recovery

The event will gather stakeholders and investors to promote the development and expansion of Gabon’s energy sector as a pillar of economic development

Gabon Oil & Power, taking place on March 15-16, 2021, in Libreville, will be the leading investment platform for Gabon’s oil, gas and power industries; The conference will showcase the country’s investment appeal which includes a long-established history of oil discoveries, a renewed and attractive petroleum code and a new…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Diversified Energy Mix for A Clean Energy Transition

The African Energy Chamber and Africa Oil & Power hosted a webinar focusing on renewable energy development in the short and long term

COVID-19 has intensified the debate on the global renewable energy transition; the African Energy Chamber and Africa Oil & Power (www.AfricaOilAndPower.com) hosted a webinar focusing on renewable energy development in the short and long term; seventy-two percent of the world’s installed capacity in 2019 originated from renewable resources. The world’s…

Source: Africa Oil & Power Conference |

Angola Exploration License Extensions Could Spur Oil Sector Recovery (By Grace Goodrich, Field Editor)

Several International Oil Companies (IOC)s received extensions on existing block licenses in Angola before the COVID-19 crisis

By Grace Goodrich, Field Editor Prior to the onset of COVID-19 and OPEC-led production cuts effective May 1, Angola was set to see a rise in production. In February, the country recorded a production level of 1.39 million barrels per day (bpd), up 15,000 bpd from January. Since the middle…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Senegal: A West African Leader on the Rise (By Thomas Hedley, Field Editor)

Senegal has demonstrated strong ambition for economic development and rapid progress towards becoming an attractive investment destination

By Thomas Hedley, Field Editor Although they are located 1,800Km from each other, Côte d'Ivoire and Senegal vie for the place of economic leader in West Africa, with a slight advantage for the former which, thanks to its leading economic capital Abidjan, was able to attract many investors, particularly French speaking.…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Africa Oil & Power Joins ‘Equal by 30’ Campaign for Gender Equality in Clean Energy Sector

‘Equal by 30’ engages public and private sector companies and organizations to target equal pay, leadership and opportunities for women in the clean energy sector

The ‘Equal by 30’ campaign centers on driving female participation in the global transition to a clean energy future; Africa Oil & Power (AOP) (www.AfricaOilandPower.com) joins the African Energy Chamber and Centurion Law Group as key signatories on the continent; The events organizer has committed to a series of gender…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Total Deal Catalyst for Uganda Oil, COVID-19 Should Not Delay Upstream final investment decision (FID) (by Thomas Hedley, Field Editor, Africa Oil & Power)

On 23 April 2020, Total announced it had signed a deal with Tullow Oil to acquire its long-standing stakes in the Uganda Lake Albert project for $575 million

By Thomas Hedley, Field Editor, Africa Oil & Power  Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power (https://www.AfricaOilandPower.com/) webinar yesterday highlighted the domestic and regional opportunities associated with the Uganda Lake Albert project, oil and gas exploration, and associated…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Investment Report examines Angola Oil and Gas Projects

The available-for-download report provides the status of several investment projects in development in Angola

Africa Oil & Power launched its Africa Energy Series Special Report: Angola 2020 on Thursday; the available-for-download report provides the status of several investment projects in development in Angola, including its 2020 licensing round, construction of gas processing facilities in Soyo, and more; the publication follows the announcement of the new dates…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

OPEC+ slashes production, saves Oil Industry from collapse

Up to 20 million barrels of oil per day could come off the market in combined efforts

In a watershed moment for the oil and gas industry, OPEC and its allies in the OPEC+ group finalized a deal on Easter Sunday that, in conjunction with efforts from the G20 and International Energy Agency, could see up to 20 million barrels of oil per day removed from a…