Latest News for: African offshore

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Israel’s NewMed signs deal with Morocco to look for gas

Cleveland Jewish News 06 Dec 2022
Israel’s NewMed Energy announced on Tuesday a partnership with Morocco’s energy and mining ministry and Adarco Energy for offshore natural gas exploration and production in the North African nation.
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Tuesday's weather: Warm day, with fire warnings for parts of Northern Cape, Western Cape

News24 28 Nov 2022
The South African Weather Service has issued a yellow level 1 warning for damaging winds offshore between Plettenberg Bay and the Kei River Mouth, spreading to Port Edward by the afternoon ... .
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TotalEnergies defends S African offshore E&P plans (Argus Media Limited)

Public Technologies 24 Nov 2022
TotalEnergies has defended its plans to develop oil and gas projects offshore South Africa, after environmental activist groups called on it to halt its activities ... The French firm and Shell made two major oil discoveries this year in Namibian waters that highlighted the potential of the Orange Basin, most of which is offshore South Africa.
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Nigeria and African Energy Poverty and Gas-To-Power Projects: Build More and Build Better [GGP]

Natural Gas World 24 Nov 2022
As noted in the AEC’s recently released report, “The State of African Energy ... In the meantime, Abuja has also moved forward with plans for establishing another gas export network – the Nigeria-Morocco Gas Pipeline (NMGP), a 5,600-km offshore network that would serve more than a dozen West African states.
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Nigeria Inaugurates First Oil and Gas Project in North

Voa News 23 Nov 2022
Nigeria began drilling for oil and gas in the northeast on Tuesday, a first for the African oil giant, which has exploited large deposits in the south for decades and whose production is declining ... are now ceding their share of onshore oil fields to focus on offshore operations.
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Nigeria and African Energy Poverty and Gas-To-Power Projects: Build More & Build Better (By NJ Ayuk)

Business Ghana 22 Nov 2022
By NJ Ayuk, Executive Chairman, African Energy Chamber (http.//www.EnergyChamber.org) ... In the meantime, Abuja has also moved forward with plans for establishing another gas export network – the Nigeria-Morocco Gas Pipeline (NMGP), a 5,600-km offshore network that would serve more than a dozen West African states.
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Activists hoped Egypt’s COP27 would bring a focus on Africa. They were disappointed

CNN 17 Nov 2022
... fail millions of Africans dying unjustly” from climate change ... The German Chancellor Olaf Scholz flew to Dakar earlier this year and held talks with the Senegalese president Macky Sall – the chair of the African Union – about the development of a new offshore natural gas field.
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“A Carbon Bomb”: Movement Grows Against EACOP East African Pipeline Funded by France’s Total & China

Democracy Now 16 Nov 2022
COP27 in Sharm el-Sheikh, Egypt, has been called the African COP, but many African climate activists cannot afford to attend ... Key financial backers of the East African Crude Oil Pipeline include the French company Total and the China National Offshore Oil Company ... Omar Elmawi on TwitterStop East African Crude Oil PipelinedeCOALonize.
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Exxon Mobil Makes First Oil Discovery in Angola After 20 Years

This Day 14 Nov 2022
(now a subsidiary of Occidental Petroleum Corp.) and Italian energy giant Eni, discovered approximately 180 trillion cubic feet of natural gas reserves, equivalent to 29 billion barrels of oil, in Mozambique’s supergiant offshore basin of Rovuma, immediately catapulting the South African nation to a potential global LNG superpower. .
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Mangrove forests won't be able to spread further in South Africa, so protecting them is crucial

Phys Dot Org 14 Nov 2022
They can also be found on African coasts, including South Africa's KwaZulu-Natal and Eastern Cape provinces. These tidal forests of trees and shrubs are often talked about in the context of climate change ... Mangroves won't grow in cool climates ... This was a way to simulate how mangrove propagules would float offshore in the southern African region ... ....
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IPAN: Poor Funding of Analytic Laboratories Responsible for Rejection of Nigeria’s Export Produce

This Day 09 Nov 2022
... laboratory activities, and this is one of the reasons you begin to see that various rejected products come from the African region because even the nine percent we are talking about are actually owned by laboratories that are offshore and they carry out activities for us here.
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Tanzania: Uganda-Tanzania Oil Pipeline Project a 'Carbon Bomb', Analysis Shows

All Africa 06 Nov 2022
The multibillion euro East African crude oil pipeline project, being financed by France's TotalEnergies and the China National offshore Company, will produce far more carbon emissions than claimed, new data shows ....
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STUART THEOBALD: Pessimistic domestic investors have cause for pause

Business Day 06 Nov 2022
BL Premium ... We South Africans tend to sport an ingrained cynicism, inflamed and encouraged by those who make their money selling offshore investments ... .
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YOUR MONEY: Can I profit from both local bond yields and offshore exposure?

Business Day 03 Nov 2022
Is there an investment strategy I can use to benefit from both elevated local bond yields and offshore exposure? ... Long-dated South African bonds are currently delivering a “clean yield” of more than 10% — even if you opt for a blend of different maturities.

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