Weekly News Round-Up

In another turbulent week for the oil price, this week’s round-up brings you good-news stories from across the African oil and gas sector.

This week, following a second major gas condensate discovery in the Luiperd well offshore South Africa, Total begun discussions with the South African government regarding fiscal, legal and infrastructure requirements for exploiting both Luiperd and the earlier Brulpadda gas discovery. Read more from Upstream.

Also offshore South Africa, the news broke that Shell is poised to enter Impact Oil and Gas’ Transkei and Algoa exploration, following the exit of ExxonMobil and Equinor. Read more from Energy Voice.

In Senegal, Mines and Geology Minister Aissatou Sophie Gladima replaced Mouhamadou Makhtar Cisse as Minister of Petroleum and Energy in a surprise cabinet reshuffle. Minister Gladima had already attended Africa Oil Week 2019 in her previous role. Read more from Upstream.

Norwegian energy major, Equinor, joined many other euro-majors by announcing its plan to go net-zero by 2050, in support of the Paris agreement. Read more from Oil Review Africa.

Eni celebrated a landmark in the building of its Mozambique-bound Coral-Sul FLNG facility, as the last of 13 topside modules was lifted and installed. The moment marked the end of the onshore-modules fabrication campaign configuring the entire gas treatment and liquefaction plant. Read more from OE Digital.

Not technically breaking news, but this piece from our partners at GEO ExPro discusses unlocking hydrocarbon prospectivity on Angola’s Kwanza Shelf, in time for the 2021 licensing round. Read more.

With Total’s recent Luiperd gas discovery in mind, join us on Wednesday 11 November for a webinar discussing how Sub-Saharan African governments should capitalise on their gas resources. Experts from Wood Mackenzie, Société Générale, AIIM and Absa will lead the discussion. Register for free.