All Africa articles – Page 3
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Rystad predicts upstream M&A uptick in 2024
After the biggest first quarter for global upstream dealmaking in five years, the industry could see another USD150 billion of merger and acquisition (M&A) deals in the remainder of 2024, said industry analyst Rystad Energy. With global M&A deal value crossing the USD64 billion mark already this year, it represents the strongest first-quarter performance since 2019 and a 145 percent increase on the first quarter of 2023, fuelled primarily by consolidation in the US shale patch.
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USD270 billion shortfall in critical mineral mining investments, says UNCTAD
Demand for critical energy transition minerals like lithium, cobalt and copper could increase almost fourfold by 2030. UN Trade and Development (UNCTAD) projections based on data from the International Energy Agency, indicate that by 2050 lithium demand could rise by over 1,500 percent, for example, with similar increases for nickel, cobalt and copper.
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Agogo Integrated West Hub Development Project
Project Type: Greenfield
Project Status: Under construction
Region: Africa
Originally Posted: 04/03/2023 -
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Naseem Nord project
Sector: Power - Onshore wind
Project Type: Greenfield
Project Status: Planning/Pre-development
Region: Africa -
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Banga Kayo block
Sector: Gas - Upstream
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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Block B asset
Sector: Oil - Upstream
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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Korosun 2 cluster
Sector: Power - Offshore wind
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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Beni Malek-2 well
Sector: Oil - Upstream
Project Type: Greenfield
Project Status: Under construction
Region: Africa -
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Panoro Energy secures offshore Block EG-23 agreement
Sector: Gas - Upstream
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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Nordex Group obtains order for 336 MW in South Africa
Sector: Power - Onshore wind
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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Amunet wind park
Sector: Power - Onshore wind
Project Type: Greenfield
Project Status: Under construction
Region: Africa
Originally Posted: 02/12/2022 -
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BED4-T100 Well
Sector: Oil - Upstream
Project Type: Greenfield
Project Status: Under construction
Region: Africa -
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Galp provides update on Namibia exploration
Sector: Oil - Upstream
Project Status: Approved
Region: Africa -
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Project Nour
Sector: Hydrogen
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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Calao discovery
Sector: Oil - Upstream
Project Type: Greenfield
Project Status: Operational
Region: Africa -
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DHBSM-1H well
Sector: Oil - Upstream
Project Type: Greenfield
Project Status: Operational
Region: Africa -
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Niger-Benin oil pipeline
Sector: Oil - Midstream
Project Type: Greenfield
Project Status: Under development
Region: Africa -
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TotalEnergies and QatarEnergy acquire interests in offshore South Africa Block
Sector: Oil - Upstream
Project Type: Greenfield
Project Status: Operational
Region: Africa -
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TotalEnergies hopes for Mozambique LNG restart in second half of 2024
The Mozambique LNG project has been under force majeure since April 2021 thanks to insurgent activities destabilising the region. The USD20 billion project has the potential to transform the Mozambique economy and developer TotalEnergies hopes the project can come back online this year.
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eAmmonia production plant
Sector: Hydrogen
Project Type: Greenfield
Project Status: Announced
Region: Africa