This week on The Energy Minute, we’ll look at Namibia and its position as one of the final frontiers for oil and gas exploration.
A new permanent offer program will allow ANPG to negotiate the exploration of available petroleum-based resources throughout the year without the need for a tender announcement.
The country is the new hotspot catching the interest of IOCs and mining operators.
Available acreage through respective oil and gas and mining licensing rounds presented.
Uganda has taken a giant leap forward this year with the final investment decision made in February for the Lake Albert Development project.
Senior Client Analyst for Rystad Energy, Orian Hernandez, was joined by a panel of industry experts on 23 February for an Exploration Overview webinar, providing an analysis of the future of global oil and gas exploration, with Africa being noted as the world’s final frontier for hydrocarbons.
African Energy Week 2021 hosted an NOC spotlight session on Sonangol, emphasizing the role the company has and continues to play in driving exploration and production in Angola’s hydrocarbon sector.
In line with the government’s goals to attract investment into offshore exploration, Gabon has modernized its regulatory framework through a revised oil and gas code implemented in July 2019.
Egypt is fast-tracking development of its latest Nargis-1 discovery and undertaking a 35-well gas drilling program, opening up the sector to further investment.