Offshore Africa Magazine - February 2025
Offshore Africa Magazine - February 2025
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In this issue
Amoah Leads GNPC into Energy’s Future
2030 Target: Power for 300 Million Africans
Nigeria: Tinubu’s Oil Gambit
Egypt Ramps Up Offshore Drilling to Boost Gas Production
Egypt is set to revitalize its natural gas sector as Italian energy giant Eni prepares to deploy the drilling vessel Saipem 10000 to the Zohr gas field in the eastern Mediterranean.
2 mins
Galp Begins Drilling Mopane-3X after a Busy Holiday Season in Namibia's Orange Basin
Energy-focused company Galp and its joint venture (JV) partners have commenced drilling the Mopane-3X exploration well on Petroleum Exploration License (PEL) 83. This follows a flurry of drilling activity in Namibia’s Orange Basin over the Christmas season.
2 mins
Rwanda on the Cusp of an Oil Discovery?
Rwandan officials suggest the country may be on the verge of an oil discovery in Lake Kivu, along its border with the Democratic Republic of Congo (DRC).
2 mins
Pipetech Launches Game-Changing Downhole Scale Remediation Technology
Flow remediation specialist Pipetech has unveiled its revolutionary Downhole Scale Remediation (DSR) technology, poised to transform wellbore cleaning solutions for the global energy sector.
1 min
A New Era for Ghana's Oil Sector: Kwame Ntow Amoah Takes the Helm at GNPC
Ghana’s oil and gas industry is set for a new chapter as the Ghana National Petroleum Corporation (GNPC) welcomes Mr. Kwame Ntow Amoah as its Acting Chief Executive Officer.
1 min
Pecan Energies Targets Industry-Leading Efficiency for Ghana's DWT/CTP Block
Pecan Energies aims to be one of West Africa’s most efficient oil producers by adhering to industry benchmarks for energy intensity, particularly in ultradeepwater oil production.
2 mins
Senegal's Gas Transforming Its Energy Landscape
Natural gas is set to play a pivotal role in Senegal’s energy future and its transition to renewable energy, while also emerging as the country’s top revenue earner.
1 min
Gas Technology: Catalyst for Africa's New Energy Future
Despite its vast energy resources, Africa lags significantly in access to modern energy services, with nearly half its population lacking access to grid power.
3 mins
Ghana Faces 60 MMscf/d Gas Shortage for Power Production
Ghana is grappling with a natural gas shortfall that is hampering electricity generation, creating a significant challenge for energy officials, including newly appointed Energy Minister John Jinapor.
1 min
South Africa Moves to Secure LNG Supply Amid Looming Gas Shortage
South Africa is intensifying efforts to secure liquefied natural gas (LNG) supplies to address its persistent energy crisis and looming gas shortage, commonly referred to as the “gas cliff.”
2 mins
Interocean awarded Morgan, Mona, and Morven Offshore Wind project contract
Interocean Marine Services (Interocean), provider of specialist maritime solutions to the global offshore energy industry, has announced a three-year contract to provide marine vetting and assurance to the Morgan, Mona and Morven offshore wind projects being developed under a joint venture between bp and Energie Württemberg AG (EnBW).
1 min
Methane Emissions: An Albatross to Gas-Rich Nigeria
Nigeria aims to develop its vast natural gas resources, reduce its decades-long dependence on crude oil, and catalyze economic growth while ensuring energy security for its population.
3 mins
Big Oil Faces Bleak Refining Outlook for 2025
Big Oil executives are bracing for continued struggles in the refining sector as they enter 2025, following a fourth-quarter slump that has shaken some of the industry’s biggest players.
1 min
Fuel Tanker Explosions: A Deadly Pattern in Nigeria
At least 70 people lost their lives in northern Nigeria on Saturday after a petrol tanker overturned and exploded, adding to the growing list of deadly fuel-related disasters plaguing the country.
3 mins
Global Electric Vehicle Sales Surge 25% to Record High in 2024
Global sales of fully electric and plug-in hybrid vehicles soared by 25% in 2024, surpassing 17 million units.
1 min
Ghana's Petroleum Consumption Surged in 2024
Ghana’s petroleum product supply experienced significant growth in 2024, driven by rising demand from industrialization and rapid urbanization.
2 mins
Nigeria: Tinubu's Oil Gambit
Nigeria’s central bank expects the economy to expand by 4.17% this year, driven by ongoing reforms and stabilizing inflation, Governor Olayemi Cardoso said in January.
4 mins
The Impact of Donald Trump's Policies on the African Oil and Gas Sector
During his tenure as the 45th president of the United States (2017–2021), Donald Trump implemented an “America First” agenda that significantly altered global trade, energy policies, and diplomatic relations.
4 mins
Egypt Turns to Solar as Gas Prices Soar
Faced with skyrocketing liquefied natural gas (LNG) import costs, Egypt is turning to its abundant solar resources to mitigate energy expenses and bolster power generation.
2 mins
Plan to Connect 300 Million Africans to Electricity by 2030 Gains Momentum
An initiative aimed at connecting 300 million Africans to electricity within the next six years has secured new pledges exceeding $8 billion from lenders such as the Islamic Development Bank (IsDB) and the Asia Infrastructure Investment Bank (AIIB).
2 mins
Advancing Offshore Wind Farm Operations with Lidar Technology
For nearly a decade, the integration of ZX Lidars technology into Equans’ Meteorological Monitoring Module has been instrumental in enhancing the safety and efficiency of offshore wind farm operations.
1 min
In Togo, Solar Energy Enhances Community Healthcare and Empowers Rural Farmers
Night falls on the Batonou Health Center, located along the Mono River, which separates Togo from Benin. Nurse, midwife, and head of the Peripheral Care Unit, Victorine Massegbe Ablavi, moves around an examination bed. Just a few years ago, this scene would have taken place in the dark, with a flashlight held between her teeth or hung around her neck.
2 mins
Gold Price Rises to Fresh Record as Trump Tariffs Trigger Haven Demand
Gold rose to a new all-time high amid a rush to safer assets after US President Donald Trump imposed tariffs on Canada, Mexico and China, while threatening to do the same against the European Union.
1 min
Newcore Gold Reports High-Grade Gold Intercepts at Ghana's Enchi Gold Project
Newcore Gold Ltd. has announced promising new drill results from its ongoing 10,000-metre drill program at the 100% owned Enchi Gold Project in Ghana.
2 mins
Big Oil in No Rush to 'Drill, Baby, Drill' This Year Despite Trump Agenda
Wall Street expects U.S. oil and gas companies to limit spending in 2025, maintaining a focus on generating shareholder returns, despite President Donald Trump’s calls to “drill, baby, drill.”
2 mins
Eni's Triumphant Return to Ghana: A New Era for Energy and Investment
Italian energy giant Eni has reignited its commitment to Ghana’s oil and gas sector, marking a major comeback with bold ambitions.
2 mins
Offshore Africa Magazine Description:
Publisher: Jubert Communications Limited
Category: Business
Language: English
Frequency: 11 Issues/Year
Offshore Africa magazine is the voice of the African oil and gas industry. The publication is launched to highlight recent developments in the oil and gas sectors in Africa.
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