ExxonMobil expects a final investment decision for its Rovuma liquefied natural gas (LNG) project in Mozambique in 2026, the company has stated recently, pushing back the financial go-ahead by roughly a quarter. Reuters reported. The company had said in May that it expected the final investment decision for the project to be at the end […]

Afentra, the upstream oil and gas company focused on acquiring production and development assets in Africa provides an operational and financial update for the period 1 January to 31 October 2024. Operational Highlights Production and Field OperationRedevelopment works at Block 3/05 facilities, along with well interventions, continue to result in improved production and water injection performance. Gross average production to […]

Reconnaissance Energy Africa Ltd. announced the dual-listing on the Namibian Stock Exchange the renewal of Petroleum Exploration Licence 001 (PEL 001) onshore Botswana, and an operational update with respect to its exploration activities on Petroleum Exploration Licence 073 (PEL 73), onshore Namibia. “We are excited to be the first publicly traded oil and gas company […]

Africa Oil Corp. has announced that its investee company Impact Oil & Gas Limited has completed the farm down of its interests in Blocks 2912 and 2913B offshore Namibia to TotalEnergies EP Namibia B.V. Impact has also received a cash payment of approximately USD 99 million, as reimbursement for its share of costs incurred on the […]

Sonadrill an Angolan drilling joint venture between National Oil Company Sonangol and drilling contractor Seadrill – will launch its fourth drillship in Angola in early 2025, Petra Lussana Pina, Drilling Trainee, Sonadrill told Energy Capital & Power. In an exclusive interview during Angola Oil & Gas 2024, Pina said the launch of the new drillship […]

Angola has launched a public consultation for its draft National Gas Master Plan (NGMP). Representing the next step in the implementation of the policy, the public consultation provides members of the public with the opportunity to offer their comments, criticisms and suggestions. The NGMP will be available on the Ministry of Mineral Resources, Petroleum and […]

Scatec ASA, a leading renewable energy provider, has reached financial close for the Mogobe battery energy storage system (“BESS”) facility totaling 103 MW / 412 MWh and is now making final preparations to start construction of the project. Mogobe BESS was awarded a 15-year power purchase agreement (PPA) under the first bid window of the […]

Baker Hughes, an energy technology company, announced that the company has been awarded a contract, to be booked in the third quarter, to supply advanced compression solutions to Saipem for TotalEnergies’ Kaminho Floating Production Storage and Offloading (FPSO) project in Angola.  Baker Hughes’ centrifugal BCL compressor and Integrated Compressor Line (ICL) technology were selected because of their capacity to […]

The National Petroleum Corporation of Namibia; NAMCOR has provided a progress update on the significant strides made in its journey to becoming a world-class energy company. With a focused commitment to efficiency, growth, and accountability, NAMCOR continues to reform key areas of its operations, ensuring its competitive position both locally and globally. This year, 2024, […]

The National Petroleum Corporation of Namibia, NAMCOR, has announced the signing of a memorandum of understanding (MOU) with global energy technology company SLB. This agreement marks a significant milestone in strengthening the collaboration between NAMCOR and SLB, aligning both entities towards mutual goals in the energy sector, including sustainability, decarbonization, and new energy opportunities. The […]