Perenco’s Acquisition of New Age’s Participating Interest in Etinde Asset Offshore Cameroon is a boost for Gas Monetization
Oil and gas company Perenco has struck a deal with exploration company, New Age, to buy its stake in the Etinde field, offshore Cameroon.
Bowleven, the Africa focused oil and gas, Exploration and Production Company with key interests in Cameroon, today announces that it has been informed by New Age (African Global Energy) Limited (‘New Age’), the operator of the Etinde JV, that New Age has signed a definitive conditional agreement with a subsidiary of Perenco S.A. (’Perenco’)
True Justice for Glencore’s Appalling Corruption Will Include Better Tomorrows for Those Hurt Most: Everyday Africans
Switzerland-headquartered commodities and mining multinational Glencore Plc has been making headlines lately for all the wrong reasons.
The agreement will see the British energy company developing renewable projects up to 500 MW while strengthening its presence in key African countries.
TAQA Arabia and Equatorial Guinea Introduce CNG Vehicles: A Key Step Towards Optimizing Domestic Gas Utilization
The African Energy Chamber strongly supports the move taken by Equatorial Guinea to optimize its gas market through the introduction of compressed natural gas-powered vehicles.
Technip Energies has partnered with COS Petrogaz to accelerate gas development in Senegal, a move that is welcomed by the African Energy Chamber.
Scott Macmillan, Managing Director of oil and gas exploration firm, Invictus Energy, highlights the company’s operations across Africa’s energy market.
Technip Energies (PARIS:TE) and COS Petrogaz(1) have signed a Memorandum of Understanding (MoU) to collaborate in the fields of LNG, carbon-free energy solutions and decarbonization, in order to accelerate Senegal’s gas development and support a fair and equitable energy transition.
AEC Celebrates Africa Day by Addressing Energy Poverty to Achieve Food Security, Economic Growth in Africa
By spurring investment in energy, Africa can address both energy poverty and food security.
The African Energy Chamber (AEC) is pleased to announce it will co-host a series of dialogues focusing on the energy transition in the oil and gas industry with the Oil and Gas Climate Initiative (OGCI).
H.E. Didier Budimbu Ntubuanga met with AEC Executive Chairman NJ Ayuk in Luanda whereby the two parties agreed to work together to secure more investment to kickstart the DRC’s energy development.
The Memorandum of Understanding will see both entities working together on the creation of a pan-African energy bank.