By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    UN Secretary-General Launches Report To Break “The Cycle Of Debt Distress”
    2 days ago
    Israel-Iran War: South Africa Wants United Nations To Step In
    7 days ago
    G7 finance leaders seek non-tariff consensus in Canada, may face US pushback
    Ahead G7 Summit, Finance Ministers Seek Non-tariff Consensus In Canada, May Face US Pushback
    1 month ago
    Over 28,000 Women And Girls Killed In Gaza Since October 2023
    1 month ago
    Global Aid Cut
    New Report Reveals How Global Aid Cuts Affecting Women’s Organisations Aiding Women In Crises
    2 months ago
  • Africa
    Africa
    Show More
    Top News
    Algerian Economy: Staying the Course for Transition -World Bank
    2 years ago
    In Niger, Child Marriage Takes Toll On Education
    2 years ago
    Pope Francis
    Ghana Strengthens Diplomatic Ties With Vatican As Akufo-Addo Visits Pope
    2 years ago
    Latest News
    Ooni’s Wife, Olori Temitope Enitan-Ogunwusi Takes Ile Ife Royalty To ADWIN Launch In Cote d’Ivoire
    2 weeks ago
    Independent UN Body Finds Systemic Racism Against Africans And People Of African Descent
    3 weeks ago
    Public Exit: Why South Africa Businesses Are Moving To Private Cloud
    3 weeks ago
    Cameroon Tops List Of World’s Most Neglected Displacement Crises
    4 weeks ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Mrs Sanwo-Olu Meets Lagos Artisans, Political Groups, Disabled On PVC, BIVAS
    2 years ago
    Lagos Speaker Obasa Wins Agege Constituency 1 House of Assembly Election
    2 years ago
    Female National Assembly Members Visit First Lady, Mrs Tinubu
    2 years ago
    Latest News
    Lagos LG Poll: Tunde Disco/Ganiyu Obasa Intensify Campaign In Agege
    2 days ago
    PHOTOS: Vinod Obasa Joins Other Lagos APC LG Candidates At Sanwo-Olu’s Reception
    4 days ago
    Lagos Lawmaker Praises Tinubu For Helping Nigeria Breathe Again
    3 weeks ago
    LG Election: Stakeholders Appeal To APC Not To Allow Chairmen Run For 3rd term
    2 months ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    1 year ago
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Latest News
    D2D Satellite Comms: Nigeria’s Space Research Agency Signs MoU With Chinese Firm, Galaxy Space
    2 weeks ago
    Substance Use Prevention In Focus As NDLEA, UNODC Unveil 2025 World Drug Day Activities
    2 weeks ago
    Benue: Stop the Killings, CAPPA Demands Immediate Action
    2 weeks ago
    Court Orders Flouted Again as Armed Men Escort Attempted Takeover Of Lekki Property
    2 weeks ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Creative Industries, A Catalyst To Drive Investment & Business Opportunities In U.S. And Africa
    3 years ago
    Davido, Wizkid Join Afro Nation Portugal 2023
    2 years ago
    Nigeria Idol S8: Constance’s eviction and other highlights from week 7
    2 years ago
    Latest News
    The Drama Returns As BBNaija ‘No Loose Guard’ Reunion Premieres June 23
    7 days ago
    You Can’t Fake it — James Omekwe On MultiChoice’s Impact On African Filmmaking
    3 weeks ago
    Jkenova and Ellacentric Exit Nigerian Idol Season 10 In Emotional Farewell
    3 weeks ago
    MultiChoice Africa x African Storytelling: How Local Content Shapes Local Culture
    3 weeks ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Ooni Of Ife Honours Chairman SABRE West Africa At Olojo Festival Dinner
    2 years ago
    LENT 2023: Nigerians Knocking On Heaven’s Door By Bishop Emmanuel Badejo
    2 years ago
    Happiness
    Eight Ways To Stay Happier In 2025, According To Science
    6 months ago
    Latest News
    Noble Call to Service: Inside the Induction of 104 New Knights of St. Mulumba
    2 weeks ago
    Joining The Knighthood Brings You Closer To God -Sir Eva Njemanze
    2 weeks ago
    Africa Tech Festival Unveils Strategic Themes For 2025 Event,
    2 weeks ago
    Lagos SWAN Joins UN To Celebrate World Nutrition Month At Unilag Confab
    1 month ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    NNPCL Board Accused Of Planning Lavish Party In Rwanda Amidst N210tn Financial Scandal
    1 week ago
    Can the African Energy Bank Transform the Continent’s Refining and Downstream Future?
    2 weeks ago
    Lagos Will Continue To Lead Initiatives That Accelerate Economic Diversification – Sanwo-Olu
    1 month ago
    Afreximbank
    Afreximbank Reports Strong Performance For Q1 2025 In Line With expectations
    1 month ago
    Pan-African Payment & Settlement System
    Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost
    2 months ago
  • Health
    Health
    Show More
    Top News
    Record Admissions At Médecins Sans Frontières hospital in Dagahaley, Dadaab, As Humanitarian Situation Deteriorate
    2 years ago
    Akeredolu Leads Other Dignitaries To Commission Multi-specialist Hospital In Akure
    2 years ago
    The blood lines: How blood donors are saving lives in Ghana
    2 years ago
    Latest News
    Online Education Can Enhance Clinical Guideline Use By Over 50% 
    2 weeks ago
    The Hidden Lifeline – Blood Security And Africa’s Health Agenda By Dr Allan Pamba
    2 weeks ago
    Apepa or Arterial Blockage? The Urgency of Self-Care After 45 By Babafemi Ojudu
    3 weeks ago
    Roche Launches Diagnostics Operations In Nigeria,
    4 weeks ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: African Energy Week To Host Country Spotlights On Namibia, Nigeria, Congo, Mozambique, Others
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Business > African Energy Week To Host Country Spotlights On Namibia, Nigeria, Congo, Mozambique, Others
BusinessOil & Gas

African Energy Week To Host Country Spotlights On Namibia, Nigeria, Congo, Mozambique, Others

Last updated: 2024/07/09 at 1:46 PM
12 months ago
Share
SHARE

The upcoming African Energy Week (AEW): Invest in African Energy conference – Africa’s premier event for the energy sector, taking place this November in Cape Town – will host a series of country-specific spotlights, showcasing investment opportunities across Africa’s leading energy markets.

Spotlight sessions will highlight projects seeking investment, licensing rounds, planned drilling campaigns and other opportunities for private sector participation. Invest in Nigeria Energies will present lucrative opportunities in Nigeria’s oil and gas market, which has seen several key developments in recent months. The Nigerian Upstream Petroleum Regulatory Commission recently launched its 2024 licensing round, featuring 12 blocks on offer. Majors like Shell have announced plans to invest $1 billion in Nigerian gas projects over the next decade, while Chevron has launched a $1.4 billion infill drilling program. In the gas sector, Nigeria is aiming to produce 5.5 billion cubic feet per day by 2030 and enhance energy security by exploiting its 200 trillion cubic feet of gas reserves, on the back of the country’s flagship Decade of Gas initiative.

In Namibia, a series of offshore oil discoveries – including Shell’s Enigma-1X, Graff-1X, La Rona, Jonker-1X and Lesedi-1X; Galp’s Mopane-1X and Mopane-2X; and TotalEnergies’ Venus-1X and Mangetti-1X – have positioned the country as a global exploration hotspot. New exploration licenses for on- and offshore blocks awarded as part of the country’s latest open-door licensing system present further opportunities for both major and independent explorers. Namibia also ranks as one of Africa’s top green hydrogen markets – home to Hyphen Hydrogen Energy’s $10 billion Tsau-Khaeb development – with the Invest in Namibia Energies session set to showcase the country’s diversified energy agenda. 

The Invest in MSGBC Energies spotlight will delve into the MSGBC region’s energy boom, highlighting first gas production from the Greater Tortue Ahmeyim LNG project in Senegal and Mauritania, as well as first oil production at Senegal’s Sangomar Oil Development. Upcoming projects like the Yakaar-Teranga Hub in Senegal and the Orca and Banda gas fields in Mauritania continue regional industry expansion, while frontier exploration in The Gambia, Guinea-Conakry and Guinea-Bissau points to new oil and gas prospects. In the renewable energy space, Mauritania is also piloting green hydrogen with Chariot’s 10 GW Project Nour, CWP Global’s Aman and AMEA Power’s green hydrogen facilities.

- Advertisement -
Ad imageAd image

Invest in the Republic of Congo Energies will explore the Congo’s ongoing efforts to maximize its oil production through historic levels of upstream investment. TotalEnergies has announced a $600-million plan to increase production at the Moho Nord field by 40,000 barrels per day in the next three years. Meanwhile, the Republic of Congo is spearheading gas exploration and monetization through a new Gas Master Plan and gas code, supported by Eni’s Congo LNG project – set to transform the country into a major LNG exporter – and Wing Wah’s Banga Kayo project, further enhancing the country’s gas market prospects.

The Invest in Algeria Energies session will showcase Algeria’s efforts to boost its gas reserves, production and exports to Europe, while establishing itself as a leading green hydrogen market. Last April, Algerian NOC Sonatrach signed an agreement with TotalEnergies to develop gas resources in the North-East Timimoun region, while the country is expanding its TFTII oil and gas pipeline to increase gas exports to Europe. Algeria is also evaluating prospects to develop and export green hydrogen to Europe through cooperation with private and public sector entities from Chile and Germany.

As one of Africa’s largest oil producers, Angola is undertaking a series of projects to maintain oil production above 1.1 million bpd through 2027. International energy firm Azule Energy is progressing in the expansion of its Ndungu oil field with the award of an $850-million energy services contract to Saipem last month. The launch of Angola’s 2025 limited public tender, featuring up to 10 offshore blocks in the Kwanza and Benguela basins, also remains highly anticipated. In the downstream sector, NOC Sonangol is expanding the country’s refinery capacity with various new refineries underway in Soyo, Lobito and Cabinda. The Invest in Angola Energies session functions as a platform to connect global investors with Angola’s untapped oil and gas opportunities.

You Might Also Like

NNPCL Board Accused Of Planning Lavish Party In Rwanda Amidst N210tn Financial Scandal

Can the African Energy Bank Transform the Continent’s Refining and Downstream Future?

Lagos Will Continue To Lead Initiatives That Accelerate Economic Diversification – Sanwo-Olu

Afreximbank Reports Strong Performance For Q1 2025 In Line With expectations

Nigeria Unlocks Intra-African Trade With New Pan-African Payment & Settlement System Policy Boost

TAGGED: African Energy Week 2024
INadminNG July 9, 2024 July 9, 2024
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Samuel Ikpea Why We Appointed Rev. Samuel Ikpea – Pentathlon Federation
Next Article Ikorodu Super 8 Youth League: Paparazzi, Primhous Battle For Final Ticket In Group B
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?