Month: October 2023

Strategic presentations from the two companies discussed how to develop and commercialize Africa’s oil and gas resources during the NOC Summit sponsored by PGS at African Energy Week 2023.

Afreximbank and Alphaden Energy & Oilfield Limited have signed a 7-year term loan agreement for a $60 million processing facility in Bayelsa State, Nigeria.

A roundtable discussion held at AEW 2023 in Cape Town on 18 October featured a Saudi Arabia-Africa Energy Investment Forum that highlighted the untapped potential for stronger economic ties.

Financial services company Moyes & Co, global acquisition and divestment advisor Envoi, and oil and gas deal listing platform FarmoutAngel hosted the African Farmout Forum at this year’s African Energy Week conference.

With regional integration a top priority for African countries, a panel discussion at African Energy Week 2023 delved into how infrastructure projects can bolster regional connectivity, advancing resource monetization and driving economic growth.

Following the successful conclusion of its fifth licensing round, the Petroleum Directorate of Sierra Leone (PDSL) is now set to enter negotiations with three qualified companies that have been selected and which have all prequalified for exploration and production licenses as operators.

Petroleum Commissioner of Namibia's Ministry of Mines and Energy Maggy Shino highlighted Namibia's energy prospects, emphasizing proactive exploration and inviting investors to join in renewable energy expansion.

Day two of African Energy Week featured an inciting panel which focused on gas-to-power technologies and its potential to reshape the continent’s energy landscape.

Day 2 of AEW 2023 featured an OPEC roundtable uniting African explorers and producers to discuss current market conditions and future expectations in the continent.

Day 2 of AEW 2023 featured a roundtable, hosted by the IEF, that examined global energy and climate policies and how Africa can leverage its energy markets to achieve its UN Sustainable Development Goals.