Galp Confirms Potential 10 Billion Barrel Oil Reserves in Namibian Discoveries
Galp Energia is selling a 40% stake in the Mopane oil discoveries to raise funds for its resource development strategy.
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Galp Energia is selling a 40% stake in the Mopane oil discoveries to raise funds for its resource development strategy.
At the Invest in African Energy forum, a dedicated Central African spotlight will showcase Cameroon’s oil and gas upstream prospects and future LNG export plans.
French-based engineering and technology company Technip Energies sponsored a conversation on the role MSGBC National Oil Companies play in maximizing the development of untapped hydrocarbon resources.
Africa’s graphite projects are set to play a key role in meeting global demand.
Producing approximately 1.16 million barrels of oil per day, Angola has overtaken Nigeria as Africa’s leading oil producer and boasts some of the most prolific fields on the continent.
According to The Minister of State of Petroleum Resources, H.E. Chief Timipre Sylva, NLNG would be able to provide gas to help ease Europe’s gas crisis.
Results from the data acquired from a survey conducted by Invictus Energy in exploring the Muzarabani area in Zimbabwe for gas and oil reserves have shown signs of hydrocarbons.
Achieving this will solidify the country’s potential of becoming a predominantly gas nation.
South Africa is home to some of the world’s largest gold mines and accounts for approximately 4.2% of the world’s production of the precious metal.
Operator, PetroSA expects domestic supplies to run out by December 2020.