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Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)

Offshore Exploration: The Future of Guinea Bissau’s Energy Sector (By Jasser Hammami)

Business, Energy, Oil & Gas
The underlying offshore exploration potential of Guinea-Bissau has long been recognized given the country’s functional hydrocarbon system, good potential reserves, and several drillable prospects in a vast shallow water shelf setting. According to the country’s national oil company Petroguin, Guinea-Bissau authorized international businesses to begin prospecting for hydrocarbons in 11 offshore blocks where oil is likely to exist since October last year. In light of this, Energy Capital & Power will host MSGBC Oil, Gas & Power 2021, which will create a national platform for constructive dialogue on natural resource management, investment and initiatives for enhancing the productivity and sustainability of the current power matrix. Offshore construction platform for production...
Hon. Minister of Energy Dr. Matthew Opoku Prempeh to Lead Ghanaian Delegation to African Energy Week 2021 Taking Place in Cape Town

Hon. Minister of Energy Dr. Matthew Opoku Prempeh to Lead Ghanaian Delegation to African Energy Week 2021 Taking Place in Cape Town

Business, Energy
Hon. Dr. Matthew Opoku Prempeh, Minister of Energy for the Republic of Ghana, has confirmed that he will be attending the highly anticipated African Energy Week (AEW) 2021 taking place in Cape Town on the 9th-12th of November; Representing one of West Africa’s most promising natural gas regions, and one of the African countries most likely to achieve 100% universal electricity access by 2030, Ghana holds significant investment opportunities which will be demonstrated at and accelerated by AEW 2021; Hon. Prempeh will be leading a delegation of Ghanaian industry leaders and executives, including Ghana’s Petroleum Commission and the Ghana National Petroleum Corporation, to AEW 2021, opening a dialogue on natural gas, Liquified Natural Gas power generation, and oil’s role in Africa’s...
Renewable Energy Key to Solving Nigeria’s Power Problems – Nonso Asuoha.

Renewable Energy Key to Solving Nigeria’s Power Problems – Nonso Asuoha.

Energy, Interviews
Engr Nonso Asuoha, is the Cofounder and CEO AFRINET Power Tech, a renewable energy consultancy in Nigeria. In this interview he talks about AFRINET's products and services, leaving banking to focus on the renewable energy sector and Nigeria's persistent power problems. TELL US ABOUT YOURSELF AND YOUR PROFESSIONAL JOURNEY INTO THE ENERGY SECTOR Engr. Nonso Asuoha My name is Engr. Nonso Asuoha, Co-Founder/CEO AFRINET POWER TECH. I grew up playing with a lot of technical stuff. I dismantled old radios and fixed electronic toys and dreamt of becoming a computer engineer. So with a background in Electrical/Electronic engineering, my passion for fixing things more than doubled and grew to wanting to fix the power problem.  I attended trainings, seminars and took online courses on n...
‘Nigeria, others in fragile position on energy transition, investment’

‘Nigeria, others in fragile position on energy transition, investment’

Business, Energy
As the world adapts to the rapidly changing dynamics in the energy industry in an effort to mitigate the impacts of climate change, the Organisation of the Petroleum Exporting Countries (OPEC) has raised concerns about transition implications for Nigeria and other African countries. According to the cartel, Africa is in a fragile position, adding that the inequalities that were already in place before the pandemic are now in danger of being amplified. OPEC Secretary-General, Mohammad Sanusi Barkindo, at the 1st high-level meeting of the OPEC-Africa energy dialogue, yesterday, stated that with energy poverty in the continent, COVID-19 also serves as a vivid reminder of the need for deeper cooperation to prioritize energy access, to strengthen community resilience and to be able t...
Energy Capital & Power stands by African Energy Events ahead of Africa Energy & Mining Conference

Energy Capital & Power stands by African Energy Events ahead of Africa Energy & Mining Conference

Business, Energy
Energy Capital & Power (www.EnergyCapitalPower.com) – Africa’s leading energy event organizer – has reaffirmed its commitment to hosting events in Africa, as some organizers relocate overseas; Africa Energy & Mining 2022 Conference & Exhibition will be held in Cape Town on March 29-31, with an in-person and online Africa Energy & Mining seminar to be held in Cape Town in November 2021 to set the agenda; The Africa Energy & Mining series will explore emerging synergies between mining and energy in a post-COVID-19 environment, with a view to facilitating a continent-wide energy transition. Energy Capital & Power (ECP) is doubling down on its commitment to an Africa-focused 2021/2022 events calendar – citing the role of local capacity-buildi...
The Israeli-Palestine conflict and its impact on energy security

The Israeli-Palestine conflict and its impact on energy security

Energy
It has been over a week now since the Middle East has continued to brew with what appears to be the fiercest conflict between Israel and Palestine in years. One report notes that the current conflict which seems to have come to a ceasefire after various interventions, is the most severe since the 2014 conflict that resulted in the invasion of Gaza; and is the fourth of its kind since 2008 between the two sides. In the last nine days since the first rockets were fired and the clashes between the two entities came to a head, both sides have witnessed casualties and loss of property. Beyond this, however, there are concerns about the impact on energy security within Israel and Gaza. According to news reports, Hamas, the Palestinian militant group that rules Gaza, fired a missile that hit ...
Senate, NDPHC seek end to energy challenges

Senate, NDPHC seek end to energy challenges

Energy
FG constructs new distribution infrastructureThe Deputy Senate President, Ovie Omo-Agege, and Niger Delta Power Holding Company (NDPHC), yesterday stressed the need to end energy poverty in Nigeria and improve power infrastructure. They disclosed this at the groundbreaking ceremony a new 1×7.5MVA and 33/11kV injection distribution substation in Orogun being constructed by NDPHC. Speaking at the event, Omo-Agege said significant efforts are being made to end energy poverty in the country. These, they said, include the provision of electricity to rural communities across the country. Omo-Agege said: “The objective has been to ensure that the number of people who use modern energy should increase to reduce social costs and to increase social benefits”. He noted that the estab...
8 things you should know about hydrogen energy

8 things you should know about hydrogen energy

Energy
1. Not all hydrogen is created equal: what colour is your hydrogen? There are four colours characterizing ‘human-made’ hydrogen, based on the manufacturing process. Brown hydrogen has been created from coal by using water and heat, coal can undergo gasification for hundreds of years. In this process, the chemicals react to produce town gas, now more commonly known as syngas, this contains a mixture of gases which are chemically distilled to make hydrogen. Grey or Black hydrogen has been sourced from fossil fuels, with most of it produced using steam-methane reformation (SMR) of natural gas. This is the least expensive produced hydrogen, with emissions almost always released without carbon capture in place. Blue hydrogen is also produced from fossil fuels, yet with carbon capture ...
Saudi Arabia launches zero-carbon city: NEOM

Saudi Arabia launches zero-carbon city: NEOM

Energy
Saudi Arabia’s crown prince unveiled plans to build a zero-carbon city at NEOM, the first major construction project for the USD 500 billion flagship business zone aimed at diversifying the economy of the world’s largest oil exporter. The city, known as ‘The Line’, would extend over 170 km and be able to house a million residents in carbon-positive urban developments powered by 100% clean energy. Plans for the city include no cars or streets and ‘zero carbon emissions’, according to a televised appearance by Prince Mohammed. The Line will fulfill the daily requirements within a five-minute walk and the city can be traveled end-to-end in 20 minutes. “We need to transform the concept of a conventional city into that of a futuristic one,” Prince Mohammed said. The city wi...
Oil majors hinge future investments on PIB outcome, fiscal framework

Oil majors hinge future investments on PIB outcome, fiscal framework

Energy
Oil majors in Nigeria have hinged their investment decisions on the outcome of the Petroleum Industry Bill (PIB), and other fiscal frameworks by the Federal Government. According to them, the country did not take any major investment decision in deepwater between 2015 and 2019, despite a number of available potentially viable projects. The African Energy Chamber (AEC), in its African Energy Outlook 2021, had disclosed that with the $24 billion loss of investments in the oil and gas sector, Nigeria would account for 30 per cent of the total of $80 billion loss of investments that would be recorded in the petroleum industry across Africa. Speaking during the management session of the virtual Nigerian Association of Petroleum Explorationists (NAPE) 2020 conference, the oil majo...