Thursday , May 23 2024

Gas

Positive oil, gas prospects on the radar

Namibia has emerged as a highly attractive E&P play, with a series of investors and project developers turning their attention to the high potential market. During the Invest in African Energy Forum in Paris, taking place ahead of the much-anticipated African Energy Week (AEW) conference and exhibition, scheduled for October …

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Getting oil and gas working for Africa

Africa is yet to see anything close to a full return on its massive oil and gas resources. With one-third of the continent – almost 500 million people – still having no access to electricity, ending energy poverty across Africa is among the planet’s most urgent challenges. To address this, …

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Namibia’s Historic Energy Potential to be Highlighted at African Energy Week (AEW) 2023 as the Country Emerges as Africa’s Newest Oil and Gas Epicenter, with Record-Breaking Finds

Considered one of the final frontier hydrocarbons markets in the world, Namibia has rapidly emerged as one of the hottest offshore plays following a series of high-impact discoveries Three major oil discoveries made in less than one-year, attractive fiscal policies and market-focused regulations, and a strong partner in the national …

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Powering oil and gas production through the energy transition: a four-step guide

The energy transition can be a source of angst for oil and gas producers, but it doesn’t have to be a cause for concern – at least not in every context. In fact, when it comes to powering oil and gas production assets  which are typically reliant on diesel power …

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Eureka! Third Oil Discovery Announced

The National Petroleum Corporation of Namibia (NAMCOR), in partnership with Shell and QatarEnergy on 6 March announced a light oil discovery of oil in the Jonker-1X deep-water exploration well. The Joint Venture group comprises Shell Namibia B.V (45%), QatarEnergy (45%), and NAMCOR (10%). The well was drilled in Block 2913A …

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Namibia Selected as a crucial mining and energy growth market

In the medium term, sub-Saharan Africa’s mining and energy sectors have selected NAMIBIA as a crucial growth market. This is because the outlook for the industries has generally improved, as a result of higher commodity prices, quick technological improvements, and a more accommodating local regulatory framework. Given that they have …

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Save fuel with Ctrack Crystal.

The ever-increasing fuel price continues to put pressure on motorists and businesses. Unfortunately, as consumers, we are at the mercy of government and global oil prices. For many businesses that operate fleets, driving less is not an option. The most apparent solution is finding ways to use vehicles more efficiently. …

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SADC’s Regional Gas Masterplan set to enable utilization of region’s abundant gas reserves, and reduce reliance on coal

In response to the global commitment, including the Paris Agreement’s ambition to reduce carbon emissions and maintain global temperatures below 1.5° Celsius, the Southern African Development Community (SADC) is developing the Regional Gas Masterplan to enable the utilization of the region’s abundant gas reserves and reduce its reliance on coal. …

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‘GIP brings established global capabilities to the Pluto Train 2 JV’

ASX-listed Woodside CEO, Meg O’Neill, has revealed that the company is looking forward to developing Pluto Train 2 in close collaboration with GIP as they bring vast global capabilities.  Woodside Energy has completed the sale of a 49% non-operating participating interest in the Pluto Train 2 joint venture (JV) to …

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NEF hikes fuel prices

By GLENN-NORA TJIPURA Consumers should anticipate an increase in fuel prices beginning of September, the Ministry of Mines and Energy has announced. The expected price hike will see petrol increase by 60 cents per litre and diesel by 30 cents per litre. The development comes as authorities have announced that …

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