High gas prices represent an opportunity for those already producing, but those working on new supplies are feeling the need to accelerate plans. Floating LNG (FLNG) offers one solution, being faster to market than onshore projects.
Saipem has won contracts under Angola’s New Gas Consortium (NGC), to develop new sources of feedstock for the Angola LNG (ALNG) plant.
Eni is planning a second liquefied natural gas production vessel offshore Mozambique that could be built in less than four years to help Europe diversify supplies of the fuel, according to a company executive.
TotalEnergies has taken a final investment decision (FID) on Begonia, a field in Angola’s Block 17/06.
A group of foreign investors in Angola have taken the final investment decision (FID) on the New Gas Consortium, paving the way for more gas deliveries to the Angola LNG plant.
Angola exported $11.8 billion worth of oil in the second quarter of the year, from 103.6 million barrels of oil.
Eiffage Génie Civil Marine have completed the central platform of the hub for the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal.
Sonatrach has struck a deal to supply France’s Engie with gas via the Medgaz pipeline.
Africa could build 120 million tonnes per year of LNG capacity, the International Gas Union (IGU) has said, but development remains slow.
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Nazário Bangalane has been sworn in as the new chairman of Mozambique’s Instituto Nacional de Petroleo (INP).
Spain has begun flowing gas south, into Morocco, via the Gazoduc Maghreb Europe (GME).
Saipem will challenge an Algerian conviction connected to a liquefaction project, with the Italian company denying the allegations against it.
Major investors have signed a framework agreement with Tanzania, marking progress for the country’s LNG aspirations.
The energy transition is throwing up particular challenges for Africa, not least in terms of access to the skills and capital needed to meet future demand.
Egyptian companies have struck deals to carry out work in Equatorial Guinea, according to recent high-level talks.
Perenco has signed a deal to buy the Etinde stake held by New Age (African Global Energy) for an undisclosed amount, junior partner in the project Bowleven has said.
Technip Energies has signed a memorandum of understanding (MoU) with Senegal’s COS Petrogaz on LNG and decarbonisation.
BP has chosen Petrofac to carry out work at the Greater Tortue Ahmeyim (GTA) LNG project as the service company scales up its African presence.
Mauritania has signed on to support three hydrogen projects, including Chariot’s Nour plan, at a strategic meeting.
German Chancellor Olaf Scholz attended the launch of a synthetic aeroplane fuel in South Africa today, with his local counterpart Cyril Ramaphosa.
Exploration is back, emissaries of some of the world’s top oil companies have said, with Africa in a strong position to meet new demand.
Eni’s Scope 1 and 2 emissions increased in 2021, largely as a result of its African operations, but it offset this through the acquisition of 2 million tonnes of CO2 equivalent in forestry credits.
Kosmos Energy is generating free cash flow at unprecedented volumes, allowing it to pay down debt, and has been talking up LNG.
Spain will export gas to Morocco, it has said, but will ensure these flows do not include Algerian gas.