Oil and Gas Update

  • ECA, NSIF collaborate to grow Africa’s electricity by 10,000MW
    by Editor on February 24, 2020 at 7:10 pm

    The United Nations Economic Commission for Africa (ECA) and Nigeria Sovereign Investment Fund (NSIF) are collaborating to raise Africa’s electricity capacity by 10,000 megawatts by 2025. The electricity will come in the form of clean and affordable energy, including solar, wind, hydro, and geothermal. The ECA and Nigeria Sovereign Investment Fund will be joined by… The post ECA, NSIF collaborate to grow Africa’s electricity by 10,000MW appeared first on Energy News | Oil and Gas News. […]

  • Earthmoves completes evaluation of the 2020 Senegal Licence Round
    by Editor on February 24, 2020 at 7:07 pm

    Earthmoves has completed an evaluation of the 2020 Senegal Licence Round, which is the latest update to their Central Atlantic Digital Atlas. This multi-client study summarises the geology and hydrocarbon potential of the MSGBC basin and the 12 Senegal blocks on offer are described and ranked. Ian Davison, Managing Director of Earthmoves said: ‘In recent… The post Earthmoves completes evaluation of the 2020 Senegal Licence Round appeared first on Energy News | Oil and Gas News. […]

  • 18,000 Metric Tons of petrol ready for distribution in Liberia
    by Editor on February 24, 2020 at 7:05 pm

    The Ministry of Commerce and Industry says a verified quantity of 18,000 (eighteen thousand) metric tons of gas, representing 6.3 million gallons will fully be distributed to the public for consumption. According to a Commerce Ministry release, the queues at filling stations will disappear today, Monday, February 24 and Tuesday, 25th February, as efforts to… The post 18,000 Metric Tons of petrol ready for distribution in Liberia appeared first on Energy News | Oil and Gas News. […]

  • Nigeria retains 45% of $20bn oil industry spending – NCDMB
    by Editor on February 24, 2020 at 7:01 pm

    The Nigerian Content Development and Monitoring Board has said the implementation of the Nigerian Oil and Gas Industry Content Development Act has resulted in the retention of about $9bn annually from the average $20bn industry spending. The Executive Secretary, NCDMB, Mr Simbi Wabote, said about nine million man-hours had been achieved in training, with indigenous… The post Nigeria retains 45% of $20bn oil industry spending – NCDMB appeared first on Energy News | Oil and Gas News. […]

  • IEA appoints first Africa Programme Manager to coordinate work on energy issues across the continent
    by Editor on February 24, 2020 at 6:57 pm

    The International Energy Agency (IEA) (IEA.org) hired Maximilian Jarrett as its first Africa Programme Manager to help expand the Agency’s reach and coordinate its work as it deepens its engagement across the continent. Mr Jarrett brings 30 years of experience in the fields of international economic affairs, media production and strategic communications. He most recently… The post IEA appoints first Africa Programme Manager to coordinate work on energy issues across the continent appeared first on Energy News | Oil and Gas News. […]