U S Africa Energy Forum Launched - Taarifa Rwanda taarifa.rw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taarifa.rw Daily Mail and Mail on Sunday newspapers.
The Africa Energy Series (AES): Equatorial Guinea 2021 campaign – comprising a report and a documentary – will serve as a critical tool to navigate the energy investment landscape in one of Africa’s more mature petroleum producing markets; Equatorial Guinea has largely been able to sustain its pace of engagement with global investors in the face of COVID-19, forecasting $1.1 billion in FDI in oil and gas activities in 2021; The third edition of the AES: Equatorial Guinea 2021 report will be released at Africa Oil & Power’s (www.AfricaOilandPower.com) U.S. Africa Energy Forum 2021 networking event in Washington, D.C. this July.
Africa Oil & Power is proud to announce the upcoming launch of its
New discoveries in Angola s Prolific Basins fuel interest in ongoing bid round – Newstime Africa newstimeafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstimeafrica.com Daily Mail and Mail on Sunday newspapers.
Charné Hundermark, Southern and East Africa Editor April 8, 2021
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The government of Senegal aims to provide all citizens with access to affordable and reliable electricity by the year 2025. The objective forms part of the Emerging Senegal Plan, a development model that is focused on accelerating the country’s progress toward emerging market status.
Senegal boasts one of the highest access to electricity rates in West Africa, equating to 76% at the end of 2019. However, the rural and urban population’s access rates remain significantly disparate, with rates currently at 94% and 53.9%, respectively.
“These inequalities are likely to impact the efforts of the State for a balanced development of the territory and, more generally, hamper economic and social development at the national level,” the Ministry of Petroleum and Energy in said in a press release.
ENI announced on Tuesday 06 April, that it had made a new discovery in Angola. The Italian Major’s latest oil discovery in its Block 15/06 concession offshore Angola underlines why Angola’s Prolific Basins and conducive regulatory framework continue to prove attractive despite stiff competition from new frontiers like Guyana and Suriname. It is also for this reason that the current bid round for three onshore blocks in the Lower Congo Basin, and six onshore blocks in the Kwanza Basin, run by the National Agency of Petroleum, Gas and Biofuels (ANPG) is attracting a lot of interest from the industry.
In the past twelve months, COVID-19 and resultant oil price instability have threatened investment globally in seismic acquisition, new drilling and other ‘non-essential’ activities. Yet what has remained constant during this period is the magnitude of Angolan oil and gas reserves, which not only represent some of the least explored basins globally, but also appear to grow in size