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ADNOC to buy stake in Galp Energia's Mozambique LNG project in push for global expansion

Abu Dhabi National Oil Co. (ADNOC) will purchase the stake in the Area 4 concession from Galp Energia SGPS SA, it said in a statement Wednesday. Galp will receive $650 million, and further contingent payments of as much as $500 million when two planned development phases go ahead, the Portugese company said in a separate statement. ....

Saudi Arabia , United States , South Korea , Abu Dhabi , Abuz Aby , United Arab Emirates , Musabbeh Al Kaabi , Galp Energia , Exxon Mobil Corp , Korea Gas Corp , Abu Dhabi National Oil Co , China National Petroleum Corp , Nextdecade Corp , Saudi Aramco , United Arab Emirate , Dhabi National Oil , Coral South , Coral North , Islamic State , Middle East , Eni Spa , Korea Gas , Coral South Project ,

African Gas

Gas reserves off the East Coast of Africa have a far lower carbon content than the global average, making them an attractive opportunity for global investors and international export markets during the energy transition. ....

Cape Town , Western Cape , South Africa , Ombeni Sifue , Ivan Codognotto , Tanzania Petroleum Development Corporation , African Energy , International Energy Agency , East Coast , Unni Fijaer , Vice President , East African , Rovuma Basin , Coral South Project , Eni Rovuma Basin Technical Director Ivan ,

East Coast of Africa gas very pure, 'ideal for world's energy needs'

East Coast of Africa gas very pure, 'ideal for world's energy needs'
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Cape Town , Western Cape , South Africa , Ivan Codognotto , Ombeni Sifue , Tanzania Petroleum Development Corporation , International Energy Agency , African Energy , East Coast , East African , Rovuma Basin , Rovuma Basin Technical Director Ivan Codognotto , Coral South Project ,

African Energy Week fosters an African energy renaissance with 2023 theme

African Energy Week 2023 will proudly take place under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets’ AFRICA'S estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of proven gas reserves present an opportunity for the continent to accelerate the diversification of the energy ....

South Africa , Cape Town , Western Cape , Distrito De Cabinda , Coted Ivoire , Mashonaland Central , Ivory Coast , Tortue Ahmeyim , Verner Ayukegba , African Energy Renaissance , African Crude Oil Pipeline , African Energy Chamber , African Energy Week , Energy Poverty , Prioritizing Energy Poverty , Free Markets , Senior Vice President , Orange Basin , Muzarabani Basin , East African Crude Oil Pipeline , Coral South Project , Totalenergie Mozambique Liquefied Natural Gas , Greater Tortue Ahmeyim ,