African Energy Chamber
Source: African Energy Chamber |

What oil companies need to know to maintain resilient energy assets amidst a global pandemic

Most economic analysts and energy asset operators now agree that 2020 could see negative demand growth for oil globally

In this time of depressed oil Prices and raging scourge of COVID-19, most economic analysts and energy asset operators now agree that 2020 could see negative demand growth for oil globally as industries shut down and countries around the world go on lockdown. Negative economic impacts are also being forecasted…

African Energy Chamber
Source: African Energy Chamber |

Equatorial Guinea shortlists companies for Key Energy Projects under its Year of Investment

The decision was adopted during a meeting on March 19th, 2020

The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its landmark projects under its ongoing Year of Investment. The decision was adopted during a meeting on March 19th, 2020. At Punta Europa,…

DuPont Sustainable Solutions (DSS)
Source: DuPont Sustainable Solutions (DSS) |

DuPont Sustainable Solutions Acquires Lodestone Partners

Merger Gives DuPont Sustainable Solutions (DSS) Expanded Capability, Deep Experience and Proven Methodologies in Operations Excellence

DuPont Sustainable Solutions (DSS) (https://www.ConsultDSS.com/) this month announced that it has acquired the assets of Lodestone Partners, a global consulting firm recognized for helping companies in the resource industry achieve sustainable improvements in operating performance. The acquisition, which was effective February 29, deepens DSS’ knowledge and capability in the area…

Source: Africa Oil & Power Conference |

Angola Secures Key Energy Endorsements for Angola Oil & Gas (AOG) 2020

AOG 2020 aims to expand in size, scale and prestige and will enhance Angola's global drive to present opportunities to a targeted audience of relevant investors

The Angola Oil & Gas 2020 Conference and Exhibition has aligned itself with the government's vision to galvanize activity in Angola's oil and gas sector; Sponsors of the country's investment-focused event include Total, Baker Hughes, Equinor and Huawei. The Angola Oil & Gas (AOG) Conference & Exhibition 2020 – organized…

Source: African Energy Chamber |

The U.S. is wronging Nigeria and the Energy Industry with Travel Ban (By NJ Ayuk)

Tanzania and Nigeria, particularly, are named by Washington as having failed to meet U.S. security and information sharing standards

By NJ Ayuk Including Nigeria in the U.S. travel ban is a political and economical mistake for Trump. It is difficult to come to terms with the United States’ decision to include Nigeria in the extension he made a few weeks ago to the infamous “Muslim Travel Ban”, which already…

Shift Social Development
Source: Shift Social Development |

Business Leaders Share Ideas on Solving Africa’s Biggest Social Challenges

Many of the continent’s top decision-makers to converge at Kigali Summit

Business leaders from across Africa will seek solutions to some of the continent’s most challenging social issues at the Africa Shared Value Leadership Summit (http://www.AfricaSharedValueSummit.com) in Kigali, Rwanda on 4 – 5 June 2020. Download Document: http://bit.ly/32OE1lM The Summit, which will draw leaders from some of Africa’s biggest companies as well…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

“You have been in the trenches with us,” Ghana Vice President Mahamudu Bawumia tells African Development Bank

Ghana is looking to the Bank for investment in an integrated aluminium industry, using the country’s large bauxite deposit as raw materials

The African Development Bank’s (www.AfDB.org) support for the west African nation Ghana has boosted its government’s efforts to consolidate the economy, the country’s Vice President, Mahamudu Bawumia said on Monday. Bawumia, welcoming a team of Executive Directors and senior officials of the Bank on an official visit, cited various Bank-supported…

Kuwait Foundation for the Advancement of Sciences (KFAS)
Source: Kuwait Foundation for the Advancement of Sciences (KFAS) |

The joint winners of Kuwait's Al-Sumait Prize for African Development in the field of Food Security received their award at a special ceremony held in Kuwait City

Al-Sumait Prize for African Development is designed to reward innovative and inspiring initiatives and research by individuals and organizations

The Deputy of His Highness The Amir of Kuwait, Crown Prince Sheikh Nawaf Al Ahmed Al Sabah awarded the 2019 AlSumait Prize (AlSumaitPrize.org), which comprises of one million dollars, a gold medal, and a plaque at a special ceremony held at the Bayan Palace in Kuwait. The joint winners of…

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

Angola set to attract more Foreign Direct Investment (FDI) into Oil and Gas; Part-Privatization of Sonangol by 2022 a key measure

Initial successes include significant cost reductions at the national oil company (NOC) Sonangol that have led to the government deciding to list up to 30 percent of the company

Government reforms in oil sector including at national oil company SONANGOL already yielding positive results, with 30 percent of the company set to be privatized by 2022; Sector reforms to be backed up by an investment campaign drive by Africa Oil & Power (https://AfricaOilandPower.com/), including the Angola Oil & Gas…

Source: Aggreko plc |

Overcoming Price Volatility: Harmonising the Balance Sheet with Investment (By John Lewis, Managing Director, Aggreko Africa)

Aggreko recently conducted a global survey to better understand the priorities of decision-makers in the energy sector

By John Lewis, Managing Director, Aggreko Africa. The impact of the energy transition on the mining industry has been profound. It is one of the most energy-intensive industries in the world, accounting for an estimated 6.2% of the total global energy consumption. It has also historically been a disproportionately large…