ADNOC Gas plc announced the award of a $3.6 billion (AED13.1 billion) contract to the joint venture between National Petroleum Construction Company Co. PJSC (NPCC) and Tecnicas Reunidas to expand its gas processing infrastructure in the UAE. The scope of the contract includes the commissioning of new gas processing facilities which will enable an optimized […]

Africa Finance Corporation (AFC) is partnering with the Government of Senegal to fund the development of the landmark Sangomar oil field. AFC’s €50 million investment will be used to drive the first phase of development towards achieving first oil, a key milestone in the advancement of the country’s hydrocarbons sector. The investment will help boost […]

Press Release In an exclusive interview with the African Energy Chamber, President of OPEC and Equatorial Guinea’s Minister of Mines and Hydrocarbons, Antonio Oburu Ondo, dives deep into the country’s exploration and drilling Strategies OPEC members recently met in Vienna for the 8th OPEC International Seminar. What measures is OPEC currently taking to stabilize the […]