Latest News for: Africa offshore

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Words on wealth: How the classification of unit trusts and ETFs has changed

Independent online (SA) 18 Oct 2024
the portfolio can invest in local and offshore markets without restrictions ... As those offshore limits had been creeping up, we had asked at what point we would need to have South-Africa-only categories.
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Cameroon’s Energy Future: Societe Nationale des Hydrocarbures to Present Investment Opportunities...

Business Ghana 16 Oct 2024
... offshore Njonjji structure, as well as one short-term project.  ... In July 2024, Perenco launched its first gas-to-industry supply project in Central Africa with the Bipaga Gas Processing Center.
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Advansys delivers 1st phase of UTEC Offshore Delivery Center in Egypt

Daily News Egypt 15 Oct 2024
The ODC unlocks critical offshore services that revolutionize operations for businesses across the Middle East and Africa ... By combining Advansys’ expertise in offshore solutions with UTEC’s ...
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NUPRC: Entry Fees for Investors Eyeing Nigeria’s Seven Offshore Assets, 24 Acreages Globally Competitive

This Day 13 Oct 2024
The Nigerian Upstream Regulatory Commission (NUPRC) has stated that the entry fees and bonuses for Nigeria’s seven deep offshore assets and 24 acreages are globally competitive ... deep offshore basins.”.
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Mantashe unveils plans to unlock SA’s petroleum sector wealth

Independent online (SA) 09 Oct 2024
His views, however, come at a time when TotalEnergies recently announced its exit from one of South Africa’s biggest offshore gas exploration finds off the southern Cape coast, which has subsequently ...
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Caverton Offshore slips to N3.7bn loss on operating cost

Business Day Online 04 Oct 2024
Caverton Offshore Support Group, the first fully integrated offshore support company in Sub-Saharan Africa, has reported its first loss in. read more Caverton Offshore slips to N3.7bn loss on operating cost ... .
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New oil and gas discoveries signal economic boom for Sub-Saharan Africa

Independent online (SA) 03 Oct 2024
While Shell Offshore Upstream South Africa said in July that its plans to drill five wells off the West Coast will be game-changing for, TotalEnergies confirmed exiting SA offshore of Mossel Bay ...
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Namibia: Interest grows in Africa’s oil-and-gas hot-spot

Capital Ethiopia 02 Oct 2024
If developed, Venus would also be the deepest offshore development ever (https.//apo-opa.co/4gR985B) ... TotalEnergies recently announced (https.//apo-opa.co/3XP1Pmj) it would exit its discoveries offshore South Africa to focus on its Namibia assets.
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Petrobras expands into South Africa

Splash24/7 02 Oct 2024
Brazilian state-owned oil and gas major Petrobras has moved to acquire a 10% stake in the offshore Deep Western Orange Basin (DWOB) oil block in South Africa.
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ExxonMobil accelerates African energy investments and frontier exploration

Capital Ethiopia 01 Oct 2024
Also in the Southern Africa region, Exxon Mobil has emerged as an exploration leader in the Namibe basin, offshore Angola, where a wildcat well has been spud and results are keenly anticipated by the entire industry.
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McDermott, Saipem and CPECC awarded FEED contract for Rovuma LNG project

Offshore Technology 01 Oct 2024
Offshore Technology’s parent company, GlobalData, recently found that Mozambique is the foremost country in Africa for LNG capacity additions through new and existing terminals by 2028.
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EnerGeo Alliance’s Nikki Martin to Receive Mohammed S. Barkindo Lifetime Achievement Award at African Energy ...

Capital Ethiopia 27 Sep 2024
It highlights the potential of South Africa’s Brulpadda-Luiperd fields, offshore prospects in the Orange Basin and onshore shale gas in the Karoo Basin as game-changers for the country’s energy landscape.
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A critical examination of tax practices in South Africa

Independent online (SA) 27 Sep 2024
Is Sars engaging in extortion, and if so, what does this mean for the future of financial security in South Africa? ... It forces a reconsideration of the financial security and stability that South Africa offers.

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