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Offshore Africa Magazine - February 2025

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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

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 mins

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 mins

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 mins

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 mins

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 mins

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 mins

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 mins

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 mins

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 mins

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.”