Oil & Gas Archives - Inside Business Africa

Nov92021 by Joshua OlotuNo Comments

Africa Oil Week in Dubai Has no African Producers – Companies Have Decided to Attend African Energy Week to Promote Africa’s Oil Sector Instead

Africa Oil Week (AOW) is set to take place this week in Dubai, and yet no African oil producers are taking part in the “Africa-focused” event. With Africa’s oil and gas Ministers and key stakeholders coming to Cape Town for African Energy Week (AEW) 2021, AOW has been left to finally admit the truth – that the organizers have misled Africa and its people. For months, AOW has been misrepresenting speakers and high-level participants at their event, all of which are actually coming to Cape Town for AEW 2021. Now, with the release of the event program, the event has finally unveiled that AOW is not interested in African oil and gas producers taking part in the conversation, despite the event apparently being “the voice of exploration and production.” In Cape Town at AEW 2021,...

Oct262021 by Joshua OlotuNo Comments

Senegal Oil & Gas Academy: Spearheading Training for Senegal´s New Oil & Gas Professionals

Economy, Oil & Gas

Offshore construction platform for production oil and gas in gulf of Thailand with sunset sky Under the administration of H.E. President Macky Sall, Senegal has put in place a number of measures to promote the development of local content as part of the country´s long-term economic development program, the Emerging Senegal Plan. The Senegal Oil & Gas Academy (SOGA) is aligned with this plan and has had a major impact in developing a new generation of oil and gas professionals throughout the country. SOGA offers a range of programs that are designed to be inclusive towards all levels of education, and has been key in leading employment generation in this increasingly dynamic sector of the Senegalese economy. Dakar has been an educational hub for many decades and has some of t...

Oct252021 by Joshua OlotuNo Comments

Gas Exporting Countries Forum (GECF) Gas Market Analysis Head to Speak at MSGBC Oil, Gas & Power 2021

Business, Corporate Stories, News, Oil & Gas

Dr. Aydar Shakirov, Head of the Gas Market Analysis Department at the Gas Exporting Countries Forum (GECF) will unpack the latest short-term market developments on the global gas market at the upcoming MSGBC Oil, Gas & Power 2021 Conference and Exhibition; organized by Energy Capital & Power (www.EnergyCapitalPower.com), the conference will take place in Dakar in December, 2021. We are honored to host him and hear his viewpoints on the GECF´s’ important role in expanding natural gas in Africa and the MSGBC region Dr. Aydar Shakirov, Head of the Gas Market Analysis Department at the Gas Exporting Countries Forum (GECF) has been confirmed as a speaker at the MSGBC Oil, Gas & Power 2021 Conference and Exhibition, organized by Energy Capital & Power, taking place in Daka...

Oct202021 by Joshua OlotuNo Comments

Africa Oil Week to Highlight Unrivalled Opportunities, Driving Investment and Deal-Making Across the African Continent

Business, Economy, Oil & Gas

Paul Sinclair, Vice President of Energy, Director of Government Relations, Africa Oil Week, Future Energy Series Africa Africa Oil Week (Africa-OilWeek.com), the leading oil and gas show in Africa, has announced a stellar line-up of speakers for the 27th edition, scheduled to be held from 8-11 November 2021, at Madinat Jumeirah in Dubai. Attendees can look forward to engaging and forward-thinking discussions which are designed to support the African upstream as it emerges from two years of transition and disruption caused by an accelerated energy transition and the global pandemic. Uniting under the theme of ‘Succeeding in a Changed Market’, esteemed speakers will tackle topics on how the industry has responded to the evolving market landscape, identify opportunities for new players...

Oct202021 by Joshua OlotuNo Comments

Oil and Natural Gas Will Help Ensure a Just Energy Transition in Kenya as President Kenyatta set to work closely with Biden on Climate Change after White House visit

Business, Economy, Oil & Gas

As Africa continues to navigate its energy transition, many African leaders are responding to calls from the global environmental community to reduce their reliance on fossil fuels. They are issuing a strong message defending the critical importance of oil and gas development to their economic growth. During Kenyan President Uhuru Kenyatta’s visit to the white house as the first African leader to meet with President Joe Biden at the White House, he summed up the views of many Africans when pushed by Biden on fighting climate change. “We are also keenly very grateful with his strong position, especially with regard to climate change. This is an area where Kenya has made tremendous progress in her own right and where we are firmly committed to the Paris Agreement, and we’re glad ...

Oct42021 by Joshua OlotuNo Comments

One-Size-Fits-All Approach to Climate Change Will Not Work for Cameroonians; A lot of energy projects need to be developed

Business, Economy, Oil & Gas

The world is mandating a one-size-fits-all approach to climate change that doesn’t take into consideration Cameroon’s right to make the most of its low-carbon natural gas resources or the continent’s need to eradicate energy poverty. The African Energy Chamber (EnergyChamber.org) welcomes an honest and open discussion where Africans have a say in which functional solutions are best for Africa. At the African Energy Week, organized by the African Energy Chamber in partnership with South Africa’s Department of Mineral Resources and Energy, the Chamber calls for a balanced response to the Cameroon’s vulnerability to climate change. Cameroon is a leading sub-Saharan producer of crude oil, with total daily liquid hydrocarbon production averaging 76,000 barrels in 2017. That year, crude ...

Oct42021 by Joshua OlotuNo Comments

Gas for Good: Akinwole Omoboriowo II Emphasizes how Gas can be Used for the Social and Economic Good of Africa

Business, Corporate Stories, Innovation, Oil & Gas

Natural gas is increasing its share in Africa’s energy portfolio, with environmental ambitions, energy security and accessibility, as well as domestic energy independence comprising key drivers of growth. Despite global stakeholders and environmentalists negative perception of the resource, natural gas holds significant, and even critical, benefits for Africa, as energy poverty continues to be a major hinderance of meaningful economic growth. Speaking at the Gas Exporting Countries Forum (GECF) workshop on promoting natural gas demand on Wednesday, Akinwole Omoboriowo II, Chairman of the board of directors, Genesis Energy Holding, provided valuable insight into the role of gas in Africa. During his presentation, Omoboriowo II explained how natural gas can be used for the social goo...

Sep272021 by Joshua OlotuNo Comments

The Gambian Ministry of Petroleum and Gambia National Petroleum Company to Participate in MSGBC 2021 Oil, Gas & Power Conference

Business, Corporate Stories, Economy, Energy, Oil & Gas

The Gambia’s Ministry of Petroleum and Energy, together with Gambia National Petroleum Company, have been confirmed as strategic government partners for the upcoming MSGBC Oil, Gas & Power 2021 Conference and Exhibition; Delegations from the Ministry of Petroleum and Energy and Gambia National Petroleum Company have confirmed that they will speak at the event; Organized by Energy Capital & Power (www.EnergyCapitalPower.com), MSGBC Oil, Gas & Power 2021 Conference and Exhibition will take place in Dakar on 2-3 December, 2021. The Ministry of Petroleum and Energy, Gambia and the Gambia National Petroleum Company (GNPC) have been confirmed as strategic government partners and speakers for the upcoming MSGBC Oil, Gas & Power 2021 Conference and Exhibition, organize...

Sep172021 by Joshua OlotuNo Comments

Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) Highly Satisfied with Final Results from 2020 Bid Round

Business, Corporate Stories, Economy, Oil & Gas

Natacha Massano, Executive Administrator of Angola's National Oil, Gas and Biofuel's Agency (ANPG) announced the concessionaire´s satisfaction with the bid round results at AOG 2021 that took place in Luanda on September 9-10; ANPG will award the concessions on September 23, 2021, to bid round winners; The announcement was made at AOG 2021, organized by Energy Capital & Power (www.EnergyCapitalPower.com), an event that brought together Angola's oil and gas leaders face to face with international investors for discussions aimed at accelerating investment in Angola's energy industry in the wake of the COVID-19 pandemic. Angola's National Oil, Gas and Biofuel's Agency (ANPG) announced its satisfaction with the final results of the 2020 onshore bid round. The results exceeded the c...

Sep42021 by Joshua OlotuNo Comments

MSGBC Oil, Gas & Power 2021 to Promote the Role of International Oil Companies in the Gambia (By Charné Hundermark)

Corporate Stories, Economy, Oil & Gas

The Gambia is aggressively pursuing both on- and offshore hydrocarbon exploration, with the active presence of notable regional and international oil companies driving progress, with its newly adopted National Development Plan – which was implemented in 2018 – is positioning the country’s oil and gas sector as a critical enabler of development. The Gambia is focused on mirroring the exploratory success seen in neighboring MSGBC countries such as Senegal and Mauritania, and is, therefore, opting for the rapid increase in upstream activities. The country has two onshore blocks and four offshore blocks currently being explored by international oil companies (IOCS). These companies are driving the country’s energy sector development and demonstrating a commitment to the immense hydroca...