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African Energy Chamber
Source: African Energy Chamber |

How Newcomers Like Namibia and Guyana Are Surpassing African Legacy Producers in Energy Investment (By By NJ Ayuk)

Recent discoveries in Namibia’s Orange Basin suggest it could hold up to three billion barrels of oil and 8.7 trillion cubic feet of natural gas, and the country’s total oil reserves could be nearly equal to Guyana’s at around 11 billion barrels

By NJ Ayuk, Executive Chairman, African Energy Chamber. The major players on the world energy production stage are well known, and particularly in the field of oil and gas, where most of them have been in the game for a long time. In Africa, countries like Algeria, Nigeria, Libya, Egypt,…

African Energy Chamber
Source: African Energy Chamber |

Namibia Continues to Yield Excitement, says Eco Atlantic Ahead of African Energy Week (AEW) 2024

The African Energy Chamber spoke with Eco Atlantic CEO Gil Holzman about the company’s drilling plans on the Orange Basin

The Orange Basin – extending South Africa and Namibia – has emerged a highly lucrative offshore play owing to a string of high-profile oil and gas discoveries made by global energy majors and independents in recent years. Following exploratory success on the Namibian side of the basin between 2022 and…

African Energy Chamber

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    • Guyana Deserves to Develop its Oil and Gas, and so does Africa
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Source: African Energy Chamber |

Guyana Deserves to Develop its Oil and Gas, and so does Africa

Through collaboration, African and Caribbean nations stand to maximize the benefits of their oil and gas wealth, and countries should be allowed to fast-track development efforts

At a time when both African and Caribbean nations are making great strides towards developing recently discovered oil and gas reserves, countries whose development was driven by hydrocarbons are accelerating efforts to transition to a renewable energy future. This transition has seen wealthy nations establish a ‘green agenda,’ one which…

African Energy Chamber

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    • NJ Ayuk, Executive Chairman of the African Energy Chamber
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Source: African Energy Chamber |

African Energy Chamber (AEC) Advocates for Fast-Tracked Approach to Oil Development and Deals at AfriCaribbean Trade and Investment Forum (ACTF) 2023 in Guyana

Conducting a working visit for Guyana, the African Energy Chamber’s NJ Ayuk is participating in a panel at the AfriCaribbean Trade and Investment Forum 2023, advocating for a ‘sign baby sign’ mindset to oil and gas development

The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly supports the development of oil and gas in Africa and remains committed to facilitating deals between African and global players. Under efforts to strengthen multilateral partnerships and bolster oil and gas deals, the AEC’s Executive Chairman NJ Ayuk is currently conducting a working visit…

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    • From Discovery to First Production: What Africa’s Hottest Frontier Oil Play-Namibia Can Learn from Guyana (By NJ Ayuk)
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Source: African Energy Chamber |

From Discovery to First Production: What Africa’s Hottest Frontier Oil Play-Namibia Can Learn from Guyana (By NJ Ayuk)

Not only have oil and gas companies been drawn to Guyana’s vast hydrocarbon resources, but they’ve also taken note of the country’s attractive regulatory and fiscal regimes

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) Recently, a number of headlines recently have referred to the world’s “hottest frontier oil play,” a site of massive oil and gas finds with great promise for investors. Not long ago, the media would have been talking about Namibia. When France’s…

African Energy Chamber
Source: African Energy Chamber |

Trident Energy continues to bet on Pre-Salt Layer with Brazil Acquisition

The company has acquired the Pampo & Enchova clusters from state-run Petrobras

Trident Energy, the independent company operating the Ceiba and Okume fields in Equatorial Guinea since 2017, has just made its official entry into Brazil’s offshore. The company has acquired the Pampo & Enchova clusters from state-run Petrobras, which include ten concessions producing over 22,000 bopd from the PPM-I, PCE-1, P-8…