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African Energy Chamber

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    • Following Nigeria’s Example: Developing Marginal Fields Is More Important Than Ever for Africa (By NJ Ayuk)
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Source: African Energy Chamber |

Following Nigeria’s Example: Developing Marginal Fields Is More Important Than Ever for Africa (By NJ Ayuk)

Marginal field development has also allowed indigenous companies to step out from oil majors’ shadow and thrive

By NJ Ayuk, Chairman, African Energy Chamber Nigerian energy-industry leaders have been reminiscing lately about the country’s earliest efforts to develop marginal oil and gas fields. That’s because after nearly two decades, Nigeria recently stepped up its marginal-field development efforts, a wise move that I hope other countries will follow.…

African Energy Chamber
Source: African Energy Chamber |

New Investment Committee to Provide Solutions to Finance Africa’s Energy Resurgence

Members of the Investment Committee serve in their personal capacity and gather a wide range of expertise in finance, legal and consulting

The African Energy Chamber (www.EnergyChamber.org) is delighted to announce the nomination of its Investment Advisory Committee, the last body to serve on its Advisory Board for 2020 and 2021. Its members include: René Awambeng, Global Head, Client Relations, Afreximbank Rolake Akinkugbe-Filani, Managing Director, EnergyInc Advisors and Senior Africa Advisor, IFU…

African Energy Chamber
Source: African Energy Chamber |

Without Governments’ Flexibility on Oil Personnel Movements, Oil and Gas Production Across Africa Will Be Severely Impacted

The African Energy Chamber is urging all stakeholders to put the safety of oil workers and the ability of oil companies to continue operating at the top of industry priorities

Some charter flights with oil industry personnel and medical equipment’s have been allowed to land a few oil-producing countries like Nigeria, Angola, Equatorial Guinea and others lately, allowing a much-needed rotation of oil sector workers. The African Energy Chamber (www.EnergyChamber.org) believes that such charter flight operations led by international oil…

African Energy Chamber
Source: African Energy Chamber |

African Energy Chamber issues Urgent Advisory Guidelines for the Management and Safety of Oil Workers during the COVID-19 Pandemic and Africa-wide Lockdowns

This is aimed at mobilizing, demobilizing and putting back our energy sector to work safely across the continent

Amid the ongoing effects of lockdowns in oil and gas-producing countries such as Nigeria, Angola, Algeria, Egypt, Libya, Congo, Gabon, Ghana, Equatorial Guinea, South Sudan and Cameroon, the African Energy Chamber (www.EnergyChamber.org) hereby issues pragmatic commonsense advisory guidelines for governments, oil companies and personnel. This is aimed at mobilizing, demobilizing…

African Energy Chamber
Source: African Energy Chamber |

Uganda underlines its intention to become a major oil and gas player

This will automatically catapult Uganda to become East Africa’s biggest crude producer and provide much needed income for development and good paying jobs

President Museveni, Tullow Oil and Total’s CEOs could not have chosen a better time to announce their agreement to resolve a long-standing capital gains tax dispute that had earlier prevented Tullow Oil from farming out its Lake Albert licenses to Total. Oil junior Tullow Oil announced that it has agreed…

African Energy Chamber
Source: African Energy Chamber |

Should Africa consider the nuclear energy route?

Nuclear energy is one of the more attractive options when considering a clean, reliable and cost-effective energy source

Despite its advancements over the years particularly in the oil, gas and power industries, it is no secret that Africa is still plagued with the very real issue of inefficient energy supply. Recording nearly 600 million people with no access to electricity, the question of what it will take to…

African Energy Chamber
Source: African Energy Chamber |

Minister of Petroleum of the Republic of South Sudan joins OPEC, Russia, and Saudi Arabia to stabilise the Oil Market

Along with other African producing countries, South Sudan has been a key supporter of the Declcaration of Cooperation and OPEC+ since 2016

Hon. Puot Kang Chol, Minister of Petroleum of South Sudan, joined its other OPEC and OPEC+ counterparts today to agree on a historic deal to cut 9.7 million barrels of oil per day of supply starting May 1st, 2020. The agreement is historic in nature and should enable oil market…

African Energy Chamber
Source: African Energy Chamber |

African Energy Chamber Appoints President for East Africa

Elizabeth is based in Nairobi and will represent the Chamber across the region, including Kenya, South Sudan, Ethiopia, Uganda, Tanzania, Rwanda and Burundi

The African Energy Chamber (http://EnergyChamber.org) has appointed Eng. Elizabeth Rogo, Founder & CEO of TSAVO Oilfield Services, as its President for East Africa. Elizabeth is based in Nairobi and will represent the Chamber across the region, including Kenya, South Sudan, Ethiopia, Uganda, Tanzania, Rwanda and Burundi. Elizabeth’s appointment comes at…

African Energy Chamber
Source: African Energy Chamber |

African governments and the judiciary must protect workers and oil companies from ill-intent legal actions due to COVID-19

African energy companies and services companies operating onshore and offshore need to be given protection from unnecessary litigation

The African Energy Chamber (www.EnergyChamber.org) is calling on African governments and the judiciary to take actions to shield oil & gas companies and their workers from lawyers trying to take advantage of the Coronavirus pandemic to create instability in the workplace. While most Africans are trying to cope with the…

African Energy Chamber
Source: African Energy Chamber |

When Covid-19 and OPEC Price War strikes Africa’s Oil & Gas Sector

The immediate effect of Covid-19 for the sector has been on the demand for crude oil, and on its prices

African governments set to see decline in revenues; Exploration projects put on hold; Thousands of local jobs at risk if nothing is done. While the short-term effects of Covid-19 on world economies are already being felt and put millions in a situation of economic distress, their long-term ones are yet…