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African Energy Chamber

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    • Equinor Applauds Angola’s Oil Reforms; The African Energy Chamber (AEC) Backs Vision for Africa’s Energy Future
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Source: African Energy Chamber |

Equinor Applauds Angola’s Oil Reforms; The African Energy Chamber (AEC) Backs Vision for Africa’s Energy Future

Equinor has lauded Angola's Incremental Production Decree, implemented last month, for introducing updated and progressive fiscal terms that enhance the commercial viability of developing oil and gas fields

Norwegian multinational energy firm Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth. The African Energy Chamber (AEC) (https://EnergyChamber.org/), as the voice of the African energy sector, proudly endorses…

African Energy Chamber

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    • Namibia’s Cabinet Approves Upstream Local Content Policy, Marking a Turning Point for the Industry
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Source: African Energy Chamber |

Namibia’s Cabinet Approves Upstream Local Content Policy, Marking a Turning Point for the Industry

With the nation on track for first oil production by 2029, the local content policy aims to ensure that Namibia’s oil wealth benefits its citizens by integrating local businesses and workforce into the value chain

In a strategic move for the industry, Namibia’s cabinet has approved the National Upstream Local Content Policy. The progressive policy is set to play a crucial role in reducing the nation’s dependency on foreign expertise by focusing on the development of local capacity. Aimed at strengthening economic sovereignty and empowering…

Namibia International Energy Conference (NIEC)

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    • Tom Alweendo, Minister of Mines and Energy, Namibia
    • Selma Shimutwikeni, CEO, RichAfrica Consultancy
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Source: Namibia International Energy Conference (NIEC) |

Namibia on course to becoming southern Africa’s energy hub

Namibia was working closely with energy companies to fast track delivery, and called on all stakeholders to embrace the challenge to build an African energy sector that was not only economically robust but environmentally responsible

Namibia is the current global oil and gas hotspot and is ready to become the energy hub for sub-Saharan Africa, delegates to African Energy Week 2024: Invest in Namibia Energy, heard this week. In opening the session Tom Alweendo Minister of Mines and Energy called on African Nations to safeguard…

SNC Incorporated

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    • Shakwa Nyambe, IFLR1000 Highly Regarded Lawyer- Energy, Oil & Gas, Namibia
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Source: SNC Incorporated |

Shakwa Nyambe Ranked as a Highly Regarded Lawyer for Oil and Gas in Namibia by IFLR1000 2024 Rankings

IFLR1000 is an internationally esteemed guide that ranks leading lawyers and firms based on their expertise and impact across practice areas

Shakwa Nyambe, the Managing Partner of SNC Incorporated (www.SNCLawGroup.com), has been recognised as a Highly Regarded Lawyer for Oil and Gas in Namibia by the IFRL1000 rankings of 2024. He is specifically recognised for his exceptional work in the practice area of Projects: Energy, with a focus on the Oil…

African Energy Chamber

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    • The Fierce Urgency of African Energy Banks (By NJ Ayuk)
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Source: African Energy Chamber |

The Fierce Urgency of African Energy Banks (By NJ Ayuk)

The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To prevent catastrophic climate change, environmental organizations, financial organizations, and governments across…

Afreximbank

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    • Mrs. Helen Brume, Director, Project & Asset Finance (right) and Mr. Joseph Ilebode, Group Managing Director, JE Energy Limited (left), signing the agreement, witnessed by colleagues from both institutions
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Source: Afreximbank |

Afreximbank signs a $100 million Trade Finance Facility with JE Energy for the execution of Guyana crude oil export contracts

The facility is expected to help ensure that Guyana is able to trade internationally and to benefit from its natural resources while earning much needed foreign currency

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on November 5 in Cape Town, South Africa, signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favour of oil trader JE Energy Limited to support its contract implementation in the Republic of Guyana. Under the terms of the agreement signed on…

African Energy Chamber

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    • African Energy Chamber (AEC) Urges Ivory Coast to Continue Being a Home of Oil & Gas (O&G) Investment
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Source: African Energy Chamber |

African Energy Chamber (AEC) Urges Ivory Coast to Continue Being a Home of Oil & Gas (O&G) Investment

Ivory Coast is emerging as a key oil and gas player in West Africa, with major projects like Baleine and strong partnerships driving growth and boosting production capacity

Ivory Coast is emerging as a powerhouse in West Africa’s oil and gas industry, driven by a solid regulatory framework, attractive fiscal terms and innovative partnerships. Home to significant hydrocarbon reserves and progressive policies, the country has drawn investments from leading energy companies, cementing its status as a regional hub…

African Energy Chamber

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    • Ghana’s Springfield Completes Afina Appraisal Well with 12,000 BPD on the Horizon
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Source: African Energy Chamber |

Ghana’s Springfield Completes Afina Appraisal Well with 12,000 BPD on the Horizon

Springfield Exploration and Production has successfully completed appraisal well test activity at the Afina oil and gas discovery, offshore Ghana

Springfield Exploration & Production and its partners on the West Cape Three Points Block 2 – namely, the Ghana National Petroleum Corporation (GNPC) and GNPC Exploration & Production Company – have successfully completed appraisal well test activity at the Afina discovery. Situated offshore Ghana, the appraisal well revealed positive production…

Human Rights Watch (HRW)
Source: Human Rights Watch (HRW) |

China State Bank Shouldn’t Back East African Crude Oil Pipeline

Planned Fossil Fuel Project Threatens Human Rights, Drives Climate Change

“We are now drilling.” Uganda’s energy minister recently confirmed at COP29 that the government was pressing ahead with the East African Crude Oil Pipeline (EACOP). The 1,443-kilometer pipeline will connect oilfields in western Uganda with the port of Tanga in eastern Tanzania. Among one of the world’s largest fossil fuel projects currently under development,…

Presidency of the Arab Republic of Egypt
Source: Presidency of the Arab Republic of Egypt |

Egypt: President El-Sisi Meets the Prime Minister and Ministers

President El-Sisi emphasized the need to ensure the prompt and efficient implementation of various energy projects, which are considered as a cornerstone and primary driver of development in Egypt

Today, President Abdel Fattah El-Sisi held a meeting with Prime Minister, Dr. Mostafa Madbouly; Minister of Electricity and Renewable Energy, Eng. Mahmoud Esmat; and Minister of Petroleum and Mineral Resources, Eng. Karim Badawi. The Spokesman for the Presidency stated that during the meeting, the President was briefed on the government's…