African Energy Week (AEW)
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    • Disappointing Licensing Rounds: Direct Negotiations Could Be a Win-Win in 2023 for Africa Oil and Gas (By NJ Ayuk) (1)
    • Disappointing Licensing Rounds: Direct Negotiations Could Be a Win-Win in 2023 for Africa Oil and Gas (By NJ Ayuk) (2)
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Source: African Energy Week (AEW) |

Disappointing Licensing Rounds: Direct Negotiations Could Be a Win-Win in 2023 for Africa Oil and Gas (By NJ Ayuk)

Licensing process improvements were already needed in late 2019, and now that the oil and gas industry is in the survival mode, it’s more urgent than ever to streamline licensing

By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the continent was had reason to expect a “more productive 2020.” Instead, the unforeseen happened, and the COVID-19 pandemic had a…

African Energy Week (AEW)
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    • Independents Energy Companies Are Raring to Go in Africa in 2023 with Sustainable Energy Development (By NJ Ayuk)
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Independents Energy Companies are Raring to Go in Africa in 2023 with Sustainable Energy Development (By NJ Ayuk)

They’re bringing private capital, experience, and know-how to the continent

By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, Africa Oil Corp. President and CEO Keith Hill told Petroleum Economist that, given Africa’s unproven oil and gas basins, the continent was probably “the greatest frontier,” with outstanding opportunities for exploration, production, and development companies, including independents. Three years…

African Energy Chamber
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    • Gas: The Ideal Resource Namibia and South Africa can offer Germans for Security
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Source: African Energy Chamber |

Gas: The Ideal Resource Namibia and South Africa can offer Germans for Security

With German Economy Minister Robert Habeck seeking Namibia and South Africa to help Germany ensure energy security, the African Energy Chamber believes natural gas is the ideal resource that will also drive socioeconomic development and enable green hydrogen market expansion in Africa

German Economy Minister Robert Habeck has embarked on a five-day tour to Namibia and South Africa in search of hydrogen to ensure energy security in Europe’s largest economy, as the European country seeks to replace Russian gas with alternative energy resources. The trip to Namibia and South Africa follows H.E…

Energy Capital & Power
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    • Creating Greater Value within Angola’s Energy Transition Unpacked at Angola Oil and Gas (AOG) 2022
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Creating Greater Value within Angola’s Energy Transition Unpacked at Angola Oil and Gas (AOG) 2022

A panel discussion hosted at AOG 2022 highlights challenges and opportunities for oil and gas exploration and production companies in Angola as the energy transition intensifies

Under the theme ‘Promoting an Inclusive, Attractive and Innovative Oil and Gas Industry in Angola,’ the 2022 edition of the Angola Oil and Gas (AOG) Conference and Exhibition (https://bit.ly/3GXMxVK) hosted a panel discussion that focused on activities by operators and investors in maximizing the country’s hydrocarbon resources to shape the energy transition. ‘The…

Energy Capital & Power
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    • African Energy and Hydrocarbon Ministers during a Ministerial Panel Discussion held during AOG 2022 in Luanda
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Angola Oil & Gas (AOG) 2022 Kicks off with Industry-Focused Ministerial Panel

AOG 2022 has officially kicked off, with a ministerial panel offering new insights into the right and will to develop Angola’s oil and gas resources

Following thought-provoking messages and welcoming addresses from both private and public sector leaders, the third edition of the Angola Oil & Gas (AOG) conference and exhibition (https://bit.ly/3VCWonI) – taking place this week in Luanda from November 29-December 1 – kicked off discussions with an opening ministerial panel. The discussion explored the topic…

African Energy Chamber
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    • ExxonMobil’s Angolan Discovery: Another Beacon from Africa’s Prosperous Future Despite Prevailing Sentiment at Conference of Parties (COP27) (By NJ Ayuk)
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Source: African Energy Chamber |

ExxonMobil’s Angolan Discovery: Another Beacon from Africa’s Prosperous Future Despite Prevailing Sentiment at Conference of Parties (COP27) (By NJ Ayuk)

The discovery, the company’s first in the region since 2003, lies approximately 365km to the northwest of Luanda’s coastline at a depth of 1,100m

By NJ Ayuk, Chairman, African Energy Chamber (www.EnergyChamber.org) ExxonMobil’s recent discovery in Block 15 off Angola in the Bavuca South prospect adds further credence to the notion of Africa as a significant contender in future energy markets. The discovery, the company’s first in the region since 2003, lies approximately 365km…

African Energy Chamber
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    • Nigeria and African Energy Poverty and Gas-To-Power Projects: Build More and Build Better (By NJ Ayuk)
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Source: African Energy Chamber |

Nigeria and African Energy Poverty and Gas-To-Power Projects: Build More and Build Better (By NJ Ayuk)

Developing this infrastructure requires the right kind of vision, which Nigeria already has in place

By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org) As the executive chairman of the African Energy Chamber (AEC), it’s my honor and my privilege to tell the world the story of Africa’s oil and gas industry – to explain what this continent can do to help power the world and…

African Energy Chamber
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    • ExxonMobil Angola Discovery Signals New Wave of Upstream Investment
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Source: African Energy Chamber |

ExxonMobil Angola Discovery Signals New Wave of Upstream Investment

ExxonMobil’s Bavuca South-1 exploration well discovery is set to create an influx of new investment across Angola’s upstream market as regional and global explorers alike flock to the high potential market in hopes of mirroring upstream success

Earlier this month, global energy major ExxonMobil – under its affiliate, Esso Exploration Angola – announced a discovery in the Bavuza South-1 well in Block 15 offshore Angola, an accomplishment which is set to reawaken new investment in Angola’s upstream oil and gas market. Representing part of the energy major’s…

African Energy Week (AEW)
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    • UTM Offshore to Set a Natural Gas Milestone with Nigeria’s First Floating Liquefied Natural Gas (FLNG) Facility (Image Source: Oil Field Africa Review)
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UTM Offshore to Set a Natural Gas Milestone with Nigeria’s First Floating Liquefied Natural Gas (FLNG) Facility

UTM Offshore to fast-track Nigeria’s gas development and unlock massive reserves for exploitation in the form of LNG into Africa, Europe and Asia for energy security, industrialization and clean cooking

UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies on November 16 in London. Having signed an agreement to co-finance the development with the African Export-Import Bank earlier on,…

Energy Capital & Power
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    • Angola Oil & Gas (AOG) 2022 to Unlock the Potential of Angola’s Deepwater Basins
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Angola Oil & Gas (AOG) 2022 to Unlock the Potential of Angola’s Deepwater Basins

As production continues to decline across Africa’s producing assets, explorers are turning to the continent’s deepwaters, and Angola has been at the forefront of this shift

Angola’s deepwater market success continues to shine a spotlight on the country’s untapped oil and gas potential. The country’s exploration opportunities remain high with recent deepwater discoveries making clear the frontier potential of the mature producer. With opportunities consistently emerging across the Angolan deepwater landscape, the country’s official energy conference, Angola Oil…