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Weekly Features

Regulatory certainty could boost industry growth in Africa

By: Victor Moolman     25th November 2016 African oil and gas extraction operations are dealing with the effects of a lower oil price – at $46.90/ bl as opposed to $139.05/bl in 2008 – high operational costs because of accessibility, the slowdown in economic activity and, consequently, lower oil and gas demand. 

SA still mid- and downstream orientated

By: Victor Moolman     25th November 2016 The South African oil and gas industry remains largely mid- and downstream orientated, with processing, petrochemicals and distribution driving the majority of activity, says event organiser Daily Mail & General Exhibition Management Services (dmg ems) Africa. However, dmg ems explains that the... 

SA still mid- and downstream orientated
ACTIVITY SLUMP Mining for oil in Africa has slowed down, owing to a low price per barrel of oil

Top three concerns of oil industry professionals

By: Creamer Media Reporter      25th November 2016 The ongoing influence of the 14-member Organization of the Petroleum Exporting Countries (Opec) on crude oil prices remains most concerning for 45% of respondents to professional services firm Deloitte’s 2016 Oil & Gas Industry Survey titled ‘Optimism emerges in the aftermath of a long downturn’.... 

Top three concerns of oil industry professionals
NORTH AFRICAN DELAYS Delays from countries that produce oil could affect the market price

Uganda could have excess power as oil and gas infrastructure projects delayed

     25th November 2016 While energy shortages continue to restrain the economies of many African countries, some East African nations are experiencing unprecedented growth in the sector with renewable power projects in Uganda and Kenya, in particular, proving to be powerful drawcards for investors, with Burundi hopeful... 

Uganda could have excess power as oil and gas  infrastructure projects delayed
OUT OF SINK Uganda’s oil and gas projects are not moving at the same speed as the power projects

Fortification of west-to-east exploration trend needs oil price revival

By: Dylan Stewart     27th November 2015 There has been a definite shift in oil and gas exploration from the west to the east coast of Africa in the past five years; however, a revival of the depressed oil price is needed to accelerate exploration and make projects viable, says professional services network PwC oil and gas advisory... 

Fortification of west-to-east exploration trend needs oil price revival
AFRICAN TREND Exploration and prospective investment for oil and gas is experiencing a shift from established nations like Angola an Nigeria to emerging nations like Mozambique, Tanzania and Kenya

Latest Equatorial Guinea consortium partner underscores global interest

     27th November 2015 South Africa-based oil and gas producer SacOil’s entry as the fourth partner company to enter the Bioko oil terminal project signals the international interest in this facility, says Equitorial Guinea Mines, Industry and Energy Minister Gabriel Mbaga Obiang Lima. The facility will serve the huge... 

Latest Equatorial Guinea consortium partner  underscores global interest
SacOil CEO Thabo Kgogo

Lean economic times create opportunity

By: Dylan Stewart     27th November 2015 Owing to the extensive cost-cutting in the oil and gas industry, specialist oil and gas travel management company (TMC) Wings Travel Management says companies operating in the sector have expressed greater interest its in-depth consultations to reduce travel costs. 

Lean economic times create  opportunity
SHAUN LOVETT Greater travel savings opportunities for oil and gas companies lie in the reduction of indirect travel costs such as ticket cancellations and advanced booking

Lifting expert to perform New Year’s Day loadout for Angolan client

By: Dylan Stewart     27th November 2015 Industrial lifting expert Mammoet is scheduled to perform the second of two load-outs on the upper module of an offshore oil platform belonging to Paenal Shipyard, off the coast of Angola, on New Years Day. 

Lifting expert to perform New Year’s Day loadout for Angolan client
RYAN AMOS Mammoet is looking to specifically target Mozambique and Angola, where many liquid natural gas developments are taking place

Namibia continues to reaffirm value in oil and gas sector

     27th November 2015 Exploration and production company AziNam continually looks at new countries and opportunities around Africa, says MD David Sturt, but each time its view of the attractiveness of the opportunities available in Namibia is reinstated. 

Operation Phakisa advancement emphasised

     27th November 2015 Government’s Operation Phakisa, which is expected to unlock the economic potential of South Africa’s oceans and, thereby, advance offshore oil and gas exploration, “should be implemented without much delay”, notes the Coega Development Corporation (CDC), whose industrial development zone (IDZ) in... 

Sasol moves ahead with planning to explore new Moz gas blocks

By: Dylan Stewart     27th November 2015 Petrochemicals giant Sasol is gearing up to exploit its successful bids in Mozambique while the exploration and production concession contract (EPCC) is finalised. 

Sasol moves ahead  with planning to explore new Moz gas blocks
Central Térmica de Ressano Garcia

East Africa remains oil and gas exploration hot spot

By: David Oliveira     28th November 2014 East Africa is still an oil and gas exploration hotspot on the continent, with significant finds in Uganda, Tanzania and, more recently, in Kenya, says environmental, health, safety, risk and social consulting services provider Environmental Resources Management (ERM). ERM sub-Saharan Africa MD... 

East Africa remains oil and gas exploration hot spot
NGOAKO RAMATLHODI Government is considering drafting separate legislation for oil and gas

Gas industry stakeholders highlight sector benefits, challenges

By: David Oliveira     28th November 2014 The development of a gas industry in South Africa could result in gross domestic product (GDP) growth of between 3% and 9.6%, which could contribute significantly to South Africa’s fiscus, stated oil and gas major Shell South Africa upstream manager Niall Kramer at the Joburg Indaba last month.... 

Gas industry  stakeholders  highlight sector  benefits, challenges
Photo by Duane Daws
NIALL KRAMER The development of a gas industry in South Africa could result in gross domestic product growth of between 3% and 9.6%

Natural gas a big GHG contributor 

By: David Oliveira     28th November 2014 As indicated in President Jacob Zuma’s June State of the Nation Address, South Africa is serious about integrating natural gas into the country’s energy mix. This, however, could have unexamined consequences on South Africa’s contribution to global warming, as is the case in the shale gas-centric... 

Natural gas a big GHG contributor

IDZ to provide base for regional African field services

By: Zandile Mavuso     29th November 2013 The promulgation of the Saldanha Bay industrial development zone (IDZ) will facilitate additional oil and gas activity in South Africa by providing a base for regional African field service activities related to oil and gas exploration and development, says the South African Oil and Gas Alliance... 

Increasing demand for oil-platform maintenance work

By: Zandile Mavuso     29th November 2013 South Africa’s Cape Town harbour is involved in the repair of several oil platforms off the coast of West Africa and the country is set to also benefit from emerging oil exploration in East Africa, as the need for maintenance, repair and overhaul (MRO) services in the oil and gas industry... 

Oil pipeline route could be economically viable for South Sudan

By: Zandile Mavuso     29th November 2013 The construction of an alternative export oil pipeline route for South Sudan could ensure an economically and politically diverse environment where trade and exports can take place at reduced costs, says strategy and communication consultancy africapractice. 

Policy objectives cannot undermine project viability – Bowman Gilfillan

By: Zandile Mavuso     29th November 2013 While the development of vibrant upstream oil and gas industries in African countries holds significant potential, they must determine their public policy objectives and implement laws and local-content policies that incentivise oil companies to achieve these objectives, without undermining the... 

African heads reconsider regulatory framework to encourage localisation

By: Samantha Herbst     30th November 2012 A power shift in Africa’s oil and gas industries is foreseen over the next 25 years and, currently, most African governments are encouraging investment in local refining capacity to increase the manufacture of oil and gas products, says pan-African advisory firm africapractice strategic advisory... 

Air chartering on the rise, owing to LNG market

By: Samantha Herbst     30th November 2012 Global air charter service provider Chapman Freeborn has seen a marked increase in services to Africa’s liquid natural gas (LNG) sector, says Southern African regional director Iain Clark. 

Industry stalwart predicts impact of US shale gas revolution on Africa 

By: Samantha Herbst     30th November 2012 With one multibillion-dollar gas export terminal under construction in the US, veteran consulting engineer and industry stalwart John Bewsey predicts a worldwide drop in gas prices in the next three to five years, as an increasing number of companies file for export permits. 

Upstream oil and gas opportunities across Africa

By: Samantha Herbst     30th November 2012 Upstream activity in Africa’s oil and gas industry is growing rapidly, not only in significant existing and emerging opportunities in East and West Africa but also in substantial new investments – worth billions of dollars – that are expected to be made in oil and gas projects in sub-Saharan... 

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