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

Africa Oil & Power Confirms New 2021 Date for Africa’s Energy Conference

AOP 2021 is the only event on the continent that fully unites power with petroleum, focusing on the driving factors behind Africa’s energy transition

Africa Oil & Power (AOP) 2021 (www.AfricaOilandPower.com) highlights African integration across borders throughout the entire energy value chain and examines the African investment environment post COVID-19; AOP 2021 welcomes presidents, ministers, national oil companies and utility heads, IPP and renewables executives and more for the fifth edition of Africa’s Energy…

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 |

Treating Asset Protection as an Investment

Leaders in African energy risk management united in a webinar on Friday under the theme, ‘Navigating Risk: Increasing Threats in the African Energy Market Under COVID-19'

The ‘Navigating Risk: Increasing Threats in the African Energy Market Under COVID-19’ webinar, hosted by Africa Oil & Power (https://www.AfricaOilandPower.com/) and the Africa Energy Chamber, tackled current threats to physical and cyber security of oil and gas assets on Friday; Panelists included Dr. Sara Vakhshouri, Founder & President of SVB…

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 |

Equatorial Guinea takes bold action to aid explorers

Major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more

The Ministry of Mines and Hydrocarbons will grant two-year block extensions and ease capex requirements for E&P companies amid industry downturn; major U.S. upstream firms to benefit include Kosmos Energy, VAALCO Energy and more; the measure reflects broader efforts to drive global investment into Equatorial Guinea in line with its…

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…

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

CORRECTION: OPEC+ at Brink of Ending Oil Price War, awaits G20 Meeting for OPEC++ Deal

From July to December, overall production cuts will lower to 8 million barrels per day, followed by 6 million barrels per day from January 2021 to April 2022

In a move to save the oil industry — facing the biggest crisis in its history — OPEC and Russia have agreed on new production cuts, with the OPEC+ group agreeing to eliminate 10 million barrels of crude per day for an initial two-month period to save a glutted oil…

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

Africa Oil & Power pledges support to Energy Industry, offers Free Communications Services

Open communication between all organizations involved in African energy helps combat misinformation and promotes safety during the Covid-19 crisis

AOP (www.AfricaOilAndPower.com) is making its platform available for governments and companies within Africa’s energy sector to submit press releases and articles free of charge; open communication between all organizations involved in African energy helps combat misinformation and promotes safety during the Covid-19 crisis; any new developments regarding AOP events will…

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

With its Gas Mega Hub, Equatorial Guinea Wants to Deliver on Expectations of Successful African Cross-Border Gas Cooperation

The project is of strategic importance for Equatorial Guinea because the Alba field had been until now the sole supplier of gas to its Punta Europa complex

Equatorial Guinea is positioning itself as a hub for gas in the Gulf of Guinea and hopes to deliver where others have failed: developing the first successful cross-border gas venture on the continent. Gas is a key priority for Equatorial Guinea and its neighbors. While Cameroon brought on stream Africa’s…

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

Equatorial Guinea officially launches Year of Investment 2020 Campaign

Major U.S. firms have pledged to increase their investment in Equatorial Guinea in 2020

Equatorial Guinea has kicked off a year-long investment campaign aimed at driving capital investment into the country’s bankable projects; Major U.S. firms have pledged to increase their investment in Equatorial Guinea in 2020, along with Nigerian banking and financial institutions; Notable investment-ready projects include the construction of two modular oil…