Month: November 2024

 Kosmos Energy highlighted the untapped potential of Africa’s "deep gas resources" and strategies to maximize this potential during the opening ceremony of African Energy Week (AEW): Invest in African Energies 2024. The deepwater exploration and production company is actively involved in several major oil and gas projects across Africa, focusing on developing cost-competitive gas for local economies, as well as LNG facilities to facilitate exports. In Senegal and Mauritania, Kosmos […]

 H.H. Sheikh Abdullah Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and Penny Wong, Australian Minister of Foreign Affairs, today attended the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Australia. The agreement marks a new chapter in bilateral relations aimed at increasing trade, promoting private-sector collaboration, and facilitating investment flows. The signing took place during Sheikh Abdullah’s working visit to Canberra. […]

 A panel of experts at Africa Energy Week (AEW): Invest in African Energies 2024 emphasized the critical importance of stakeholder engagement and legal considerations in farm-in and farm-out agreements during a workshop titled, ‘Mastering Energy Investment Transactions in Africa’. Moderated by Zion Adeoye, CEO and Managing Partner of CLG on Monday at the AEW: Invest in African Energies 2024 pre-conference session, the panellists shared insights into essential contractual arrangements in […]

 Africa must expand its renewable energy manufacturing capabilities and leverage its critical minerals to foster growth in its renewables sector, according to James Mackay, Managing Director at the Energy Council of South Africa. Speaking on a panel discussion during African Energy Week: Invest in African Energies’ Pre-Event Technical Workshops, Mackay said the high cost of renewables in Africa could be lowered by enhancing local manufacturing capacity, making vital technologies more […]

 Africa will host the majority of new oil and gas discoveries over the next 30 years compared to other regions, according to Per Magnus Nysveen, Senior Partner and Head of Analysis at energy intelligence firm, Rystad Energy.  In a panel discussion held at the Pre-Event Workshop Day during the African Energy Week (AEW): Invest in African Energies 2024, Nysveen said that to supply the growing global energy demand, Africa needs […]

 The Select Committee on Agriculture, Land Reform, and Mineral Resources received a briefing from the Auditor-General of South Africa (AG) on the audit outcomes of the Department Forestry, Fisheries and the Environment, the Department of Mineral Resources, and the Department of Electricity and Energy for the 2023/24 financial year. The AG’s findings revealed significant irregular expenditure, with the Department of Forestry, Fisheries and the Environment reporting R635 million and the […]