‘We have spent the last few months working hard to demonstrate the Company’s ability to generate power from our natural gas at its Amersfoort project in Mpumalanga. We obtained respected, professional engineering and equipment suppliers to support this project and we are absolutely thrilled to have become the pioneers of onshore Gas To Power (GTP) from a local, conventional source, which represents another significant milestone for the Company, establishing it as a proven solution within the energy mix planned to alleviate South Africa’s energy crisis.’
ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Tuesday, announced the commencement of the 2024 oil block licensing round.
The Chief Executive of NUPRC, Gbenga Komolafe, announced this at the Miami, Florida International Roadshow for the 2024 licensing round, hosted by the NUPRC, in collaboration with Petroleum Technology Association of Nigeria (PETAN).
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has received presidential approval to remove all entry barriers to the licensing round including reducing the entry fee to the barest minimum.
The implementation of new government policies designed to stabilize Ghana’s currency is having unintended
consequences for many locally-owned oil distribution companies, according to Dr. Patrick Kwaku Ofori.
The CEO of the Chamber of Bulk Oil Distributors (CBOD) says its members are not opposed to the government’s Gold for Oil policy but rather take issue with its skewed implementation.
CALGARY, AB / ACCESSWIRE / May 14, 2024 / Touchstone Exploration Inc. (“Touchstone”, “we”, “our” or the “Company”) (TSX:TXP)(LSE:TXP) reports its financial and operating results for the three months ended March 31, 2024 and provides an operational update.
Norway-based cleantech service provider Soiltech has landed a new contract with UK-headquartered oil and gas company Tullow Oil for operations off the coast of Mauritania.
Deme’s offshore energy business reported Q1 turnover of €390m compared with €279m in Q1 2023.
The offshore energy top line grew 40% year-over-year driven by efficient project execution and helped by a favourable comparison base for the first quarter of last year, Deme state.
In the world of energy production, power is not just a component; it’s the cornerstone that propels every facet of the industry forward. From the depths of drilling and extraction to the complexities of processing and distribution, it is the uninterrupted flow of power that ensures operations run smoothly and efficiently. A disruption in this flow doesn’t merely pause operations; it halts the entire lifecycle of energy production and its revenue streams.