Angolan Mining Oil & Gas

Chevron’s CABGOC Achieves First Gas from Sanha Lean Gas Connection in Angola | 24-12-2024 #Angola #oilandgas #diamonds ,TotalEnergies ENEOS, TotalEnergies, TotalEnergies Green Gases and LNG, TotalEnergies Transport Solutions, Oil & Gas Middle East , ESG Innova Angola, Oilmin Field Services , GASCO Qatar, GASCO, National Gas & Industrialization Company, Martin Dow Limited, National Fuel Gas Company, Galfar Engineering & Contracting SAOG, Sonangol P&P, Eni Energies et Services, The OPEC Fund for International Development, Endiama, Sociedade Mineira de Catoca, VICORD Oil & Gas Angolan Visa Services, Lucapa Diamond Company Ltd, Trafigura, bp, BP - A Beneficência Portuguesa de São Paulo, Barbarian Diving & Marine Services Angola, LDA, LOUIS DREYFUS ARMATEURS (LDA), Gulf Marine Services PLC, GEM Angola, Interoil Angola Lda., LNG Canada, DQS ,Bureau Veritas Group, @AVIC International Holding Corporation, Mount Meru Group, Tourism In Angola, Chevron#Angola

ACREP to Begin Oil Exploration in Angola’s Cabinda Norte Block in 2025 Angolan upstream firm ACREP E&P Angolan Company plans to commence oil exploration in the onshore Cabinda Norte Block in 2025, with the goal of determining the economic viability of the block. The company will conduct feasibility studies to assess the block’s potential production capacity following exploration. Since 1968, up to 20 wells have been drilled in the block, but bureaucratic challenges have hindered their development. ACREP’s Operations Director, Idonio dos Santos, stated that these challenges have now been... Read more on the link below https://lnkd.in/g2gRyKYR

Noble Corporation Secures $171 Million Drilling Contract with Tullow Ghana Offshore drilling contractor Noble Corporation has secured a $171 million contract with Tullow Ghana to deploy its Noble Venturer drillship for exploration services in the West African nation. Under the 360-day contract, the Noble Venturer will drill six wells starting in May 2025. The first two wells are scheduled for completion within 120 days, followed by a maintenance period for the drill rig until the end of 2025. The remaining four wells are set to... Read more on the link below https://lnkd.in/gKGKSSWF

Chevron’s CABGOC Achieves First Gas from Sanha Lean Gas Connection in Angola The Cabinda Gulf Oil Company (CABGOC), a subsidiary of Chevron, has successfully achieved first gas from its Sanha Lean Gas Connection project in Angola. Valued at $300 million, the project involves the development of a platform that connects to the Sanha condensate complex and features pipelines linking Blocks 0 and 14 to the Angola Liquefied Natural Gas (ALNG) facility and the Soyo power plant. The first phase of the project will deliver approximately 80 million... Read more on the link below https://lnkd.in/gMUF-ZJM

Namibia’s Mines Minister Calls for Strategic Planning to Maximize Oil and Gas Benefits Namibia’s recent oil and gas discoveries in the Orange Basin present a tremendous opportunity for economic transformation, but Minister of Mines and Energy Tom Alweendo warns that deliberate preparation and strategic planning are essential for turning potential into reality. Speaking at the launch of the Industrial Baseline Survey (IBS) Outcomes for Namibia’s upstream oil and gas (O&G) industry, Alweendo emphasized that economic benefits won’t materialize automatically. “Just because there’s a discovery doesn’t mean we’ll instantly... Read more on the link below https://lnkd.in/gUBjHcb5

Namibia Emerges as a Global Oil and Gas Exploration Powerhouse Namibia is set to solidify its position as a key player in global oil and gas exploration, with four rigs preparing to commence drilling wells valued at $100–200 million each in the Orange Basin. These high-stakes operations are expected to begin within the week. Simran Bandal, Subsurface Senior Analyst at Wood Mackenzie, emphasized the potential of these developments to elevate Namibia’s standing in the global energy sector. The Orange Basin has already proven its promise... Read more on the link below https://lnkd.in/gg5jPJ3u

Helix Q7000 Docks in Namibia Ahead of Brazil Decommissioning Campaign The Helix Q7000, a purpose-built DP3 semi-submersible vessel owned by U.S.-based offshore energy services provider Helix Energy Solutions, has arrived at Namibia’s Port of Walvis Bay as part of its preparations for an upcoming decommissioning project in Brazil’s Campos Basin. The vessel docked on December 16, 2024, and is scheduled to remain at the port for approximately ten days. During its stay, critical maintenance operations will be conducted, including hull cleaning to remove marine growth... Read more on the link below https://lnkd.in/gSThNMkt

AfDB Launches $10 Million Initiative to Boost Climate Tech in Sub-Saharan Africa The African Development Bank Group (AfDB) has made a groundbreaking $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This initiative seeks to accelerate climate technology entrepreneurship across Sub-Saharan Africa, potentially unlocking up to $70 million in funding for climate-focused ventures. The ACV Fund will target early-stage businesses in key sectors, including solar energy, energy efficiency, electric mobility, agricultural technology, and the circular economy... Read more on the link below https://lnkd.in/grM4B8MU

BP and XRG Launch Arcius Energy, a Global Natural Gas Venture bp and XRG have successfully completed the financial close and launched Arcius Energy, an international natural gas platform. Announced in February 2024, the joint venture is owned 51% by BP and 49% by XRG, the investment arm of ADNOC. The partnership leverages the technical expertise and extensive experience of both companies to establish a competitive and robust natural gas portfolio. Arcius Energy’s initial operations will focus on Egypt, incorporating BP’s interests across two development concessions... Read more on the link below https://lnkd.in/g2AVWrif

Nigeria Approves Shell Asset Sale to Renaissance Africa Energy Consortium Renaissance Africa Energy Company Limited has announced ministerial approval for its acquisition of Shell Petroleum Development Company’s onshore oil assets in Nigeria. In January 2024, Shell agreed to sell its Nigerian onshore oil assets to Renaissance Africa for over $1.3 billion, subject to regulatory clearance. The assets include an estimated 6.73 billion barrels of oil and condensate reserves, along with 56.27 trillion cubic feet of associated and non-associated gas reserves. Renaissance Africa is a consortium... Read more on the link below https://lnkd.in/gkrdw7R9