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Offshore Africa Magazine - July 2024

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Offshore Africa 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.

In this issue

Four Appraisal Wells Drilling Planned for Ghana

Ivory Coast’s Gold Output to Hit 100mtpa by 2029

Why do Some African Countries Attract Oil and Gas Investments While others Struggle?

Ghanaian Government Sees Oil Sector Rebound

With the recent reworking of its fiscal terms and legal frameworks governing the oil and gas sector, Ghana expects to see oil and gas exploration pick up again after years of hiatus, a senior government official has assured.

2 mins

Intelligent Wellhead Systems and ProFrac Services Announce New Method for Completions Data Transfer

Intelligent Wellhead Systems, a leading provider of automation and digitalization solutions to the oil and gas industry, along with ProFrac, a foremost provider of hydraulic fracturing services, has announced the first successful field tests utilizing MQTT (Message Queuing Telemetry Transport) protocol for the safe and efficient transfer and visualization of wellsite data during hydraulic fracturing operations.

2 mins

Nicholas Cumins Takes Charge as CEO of Bentley Systems

Following the CEO transition plan previously announced by Bentley Systems, Incorporated, Nicholas Cumins has taken charge as CEO.

1 mins

Madama Takes Over From Wissam at Tullow Ghana

After four years as Managing Director in Ghana, Wissam Al-Monthiry, will be leaving the company at the end of July 2024, to pursue a new career opportunity.

2 mins

Sierra Leone Sees 44 Billion Oil Resource

Sierra Leone has intensified its search for hydrocarbons offshore with plans to hand over nine exploration blocks to a major African independent in a bid to exploit its estimated 44 billion barrels oil resource.

3 mins

Oil Companies Flare More Natural Gas, Defying Effort to Eliminate Practice

Oil companies around the world last year burned off the most natural gas in five years while also increasing the intensity of the highly polluting practice, a World Bank report found on Thursday.

1 mins

Interview with ARVY NAHAR International Contracts Specialist - Oil & Gas, Africa, and the Middle East

International Contracts Specialist - Oil & Gas, Africa, and the Middle East

9 mins

Why do Some African Countries Attract Oil and Gas Investments While others Struggle?

In 2014, Nigeria attracted the largest amount of Foreign Direct Investment (FDI) in the continent, with inflows exceeding $22.1 billion that year.

3 mins

Can Dangote Refinery Drive Down Nigeria's Petrol Prices?

Contrary to general expectations in Nigeria that the price of Premium Motor Spirit will drop as soon as production commences in Dangote Refinery, industry watchers fear the worst may happen.

3 mins

Petroleum Products Demand Surges 1.7% in Africa

Demand for refined petroleum products in Africa is expected to rise over the next 25 years, at 1.7percent per annum on average, according to a recent report by the Organization of Petroleum Producing Countries (OPEC).

3 mins

German Industry Turns to Solar in Race to Cut Energy Costs Can Africa Take a Cue?

Since the war in Ukraine and the sudden drop in Russia fossil fuel exports to Germany, Berlin has introduced laws to accelerate solar power expansion, part of its plan to cover 80% of the country’s energy from renewables by 2030.

2 mins

Why Africa Energy Bank is a Pivotal Asset

Abuja, Nigeria has been selected, by the Africa Petroleum Producers Organisation (APPO), to host the headquarters of the industrydefining Africa Energy Bank.