Saturday , November 2 2024

News

Adamastor Arrives: New Era Dawns for Namibian Diamond Mining

Lüderitz, Namibia – A new chapter in Namibia’s diamond mining history unfolded today as the Adamastor, a state-of-the-art offshore diamond mining vessel, arrived at Lüderitz harbour. Owned by a consortium led by Paragon Investment Holdings through its subsidiary, Edgehill Resources, alongside Epia Investments and Lazare Kaplan International Inc, the vessel …

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Namibia’s Oil Boom: A New Wave of Drilling

 A flurry of exploration activity is set to kick off in Namibia’s offshore waters, with the arrival of the drilling rig Santorini signalling the start of a new wave of oil exploration. The Saipem-owned rig, en route to the Mopane field, owned by Portuguese energy giant Galp Energia, is the …

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Omnia Strengthens Mining Segment Value Proposition

In a recent announcement, the rebranding of Omnia Holdings’ Protea Mining Chemicals (PMC) under the Mining segment, BME, was shared. This strategic move consolidates the global mining offering under a unified brand, providing a comprehensive range of solutions that span from mining to metal processing. The rebrand aims to more …

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Namibia Energy Corporation Joins African Energy Week as Silver Sponsor

Namibia Energy Corporation (NEC) has strengthened its presence in Africa’s energy sector by joining African Energy Week (AEW) 2024 as a silver sponsor. This move highlights NEC’s commitment to driving growth in Namibia’s oil, gas, and renewable energy industries. The event, held in Cape Town, offers NEC an opportunity to …

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Global copper smelting activity increases for fourth consecutive month

For the fourth consecutive month global smelting activity increased in September according to Earth-i’s SAVANT Global Copper Monitoring Index, with average smelter inactivity falling by a full percentage point m/m to 14.2%. This monthly decline contributed to smelters being 1.6% more active on average in Q3 2024 than the same …

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New gas projects booming in Africa, but can the continent secure its future in a changing energy landscape?

The pipeline of gas projects being developed in Africa has never been stronger. However, if the continent is to be competitive in an extremely dynamic international gas market, it must ensure that it offers value. This means shaping an offer that meets the financial and environmental sustainability needs of stakeholders. …

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Africa Oil Week Heads to Ghana, Signaling New Era for African Energy

Investing in African Energy, the continent’s premier energy event, is charting a new course, announcing its move to Accra, Ghana, for its 2025 edition. This strategic shift, revealed during the opening session of the 2024 even, reflects a commitment to amplifying AOW’s impact across the African energy landscape. Ghana’s Minister …

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APPO Chief Calls for Unified African Voice and Warns Against EU Carbon Tax at Energy Conference

Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organisation (APPO), delivered a powerful message at the AOW – Investing in African Energy conference, calling for a unified African front in the global energy landscape and warning against the detrimental effects of the European Union’s planned carbon border …

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African ministers chart continent’s energy future at closed-door sessions

Ministers and senior energy officials from more than 20 African countries convened today for a closed-door session to address the continent’s pressing energy needs and shape a collective vision for a sustainable energy future. The high-level meeting, held as part of the AOW: Investing in African Energy event, provided a …

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Africa Emerges as a Key Player in Global Energy Security

With recent geopolitical events highlighting the vulnerabilities of global energy supply chains, Africa is attracting increasing attention as a reliable and promising source of oil and gas. As the world seeks to diversify its energy portfolios and ensure security of supply, investors are recognising the immense potential of Africa’s underexplored …

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