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 |

PetroSA: Owning Foreign Oil Assets Key to South Africa Energy Security

French major Total’s Brulpadda discovery has a big role to play in balancing the country’s energy model and consumption

During a national oil companies panel discussion on the final day of the Africa Oil & Power conference an exhibition, Nhlanhla Gumede, Chairman of PetroSA outlined the realities in the country’s energy sector. In particular, he highlighted that South Africa is an oil consuming country and would remain as such,…

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

Is Africa Competitive? Africa Oil & Power (AOP) Panelists Question the Continent’s Attractiveness

The panelists agreed that it is important to look at African countries individually and study their geological terms in comparison to their fiscal terms

Casting a spotlight on exploration and production in Africa’s oil and gas sector, the first day of the Africa Oil & Power conference (https://AfricaOilandPower.com/)  and exhibition concluded with a panel discussion on Africa’s upstream sector. Moderated by NJ Ayuk, Executive Chairman of the African Energy Chamber, the panel invited Robin…

Source: Africa Oil & Power Conference |

Senegal’s Ambitious Gas-to-Power Agenda

Senegal aims to obtain sufficient energy sources while reaching a triple objective that includes providing reliable electricity for its citizens

Africa is leading the liquefied natural gas (LNG) global race as it will receive one-third of total global greenfield investments for LNG projects in 2019, around $103 billion. Senegal is leading the way with its giant Grand Tortue Ahmeyim (GTA) gas field, which will have economic and social benefits in…

Source: Africa Oil & Power Conference |

Angolan Students in Petroleum Industry to Train in France

50 students have been selected to attend universities in France

Ministry of Mineral Resources and Petroleum and Embassy of France in Angola sign Memorandum of Understanding in Luanda; 50 students have been selected to attend universities in France, co-financed by the French and Angolan governments. Angola and France on Thursday signed an agreement to educate Angolan students at French universities.…