Month: July 2024

 By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). The Nigerian government needs to step up its game regarding approvals for indigenous companies acquiring in-country foreign energy assets. The negative consequences of approval delays, ranging from many months to two-plus years, include forfeited revenue from lost royalties and taxes, production shortfalls, investor discouragement, and safety issues that arise while maintenance is put on hold. The government approval process has stymied […]

 Financial information and market analytics provider S&P Global Commodity Insights has joined Energy Capital&Power (ECP) (www.EnergyCapitalPower.com) as a Knowledge Partner for its 2024-2025 events calendar. The partnership applies to upcoming energy-focused investment events in Angola, Senegal, South Africa and Libya and underscores a data-driven approach by ECP as Africa’s leading investment promotion platform. S&P Global Commodity Insights serves as an independent provider of information, credit ratings, benchmark prices and analytics […]

 Ivory Coast’s national oil company PETROCI and Guinea-Conakry’s national oil company SONAP signed a Memorandum of Understanding (MoU) in June for a collaborative effort to enhance oil exploration and production in Guinea, leveraging PETROCI’s extensive expertise and resources. The MoU includes support and technical assistance, knowledge exchange, training, and logistical support, underscoring the shared commitment to advancing the socio-economic development of Africa. As PETROCI continues to expand its presence across […]

 President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to King Mohammed VI of Morocco on the occasion of the Throne Day, which is marked on 30th July. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, […]

 With the support of Turkish Cooperation and Coordination Agency (TİKA), a 41-member medical team from Türkiye went to Niger, where they provided 2,941 outpatient services and performed 336 surgeries. In cooperation with TİKA and Bir İnsan Dünyaya Bedeldir Sağlık ve Eğitim Köyleri Volunteering (BİSEG) Association, the 29th health organization event, supported by the Turkish Ministry of Health, Turkish Airlines (THY) and various non-governmental organizations from Türkiye, was held in Niger. In […]

 Turkish Cooperation and Coordination Agency (TİKA) has renovated and reopened the patient care ward at the Wassila Bourguiba Obstetrics and Gynecology Hospital in Tunisia Turkish Ambassador to Tunisia, Ahmet Misbah Demircan; Director of Public Health at the Tunisian Ministry of Health, Tarek Ben Nasr; TİKA’s Coordinator in Tunisia, Ali Fuat Cebeci, Tunisian officials and hospital staff attended the opening ceremony at the Wassila Bourguiba Obstetrics and Gynecology Hospital, the country’s […]

 Oil and gas company Trident Energy secured agreements in April with multinational energy corporations Chevron and TotalEnergies to acquire stakes in oil fields in the Republic of the Congo. The company will gain a 31.5% operated interest in the Moho-Bilondo, Nkossa and Nsoko II fields and a 15.75% working interest in the Lianzi field. Trident Energy has also acquired an additional 53.5% stake in the Nkossa and Nsoko II fields […]