Weekly News Round-Up

The weekly round-up is here, featuring the top positive stories from across African oil and gas!

This week, UNESCO and the Gas Exporting Countries Forum signed an agreement to work together to solve issues including climate change and natural resource management. The agreement focuses much of its attention on Africa and will include the sharing of scientific knowledge to overcome energy poverty and reduce carbon emissions. Read more from Upstream.

In the Republic of Congo, CGG began a multi-client airborne gravity and magnetic survey over the onshore Congo Cuvette Basin. The survey data is scheduled for licencing in early 2021. Read more from Hydrocarbons Technology.

In Kenya, Tullow Oil and its partners Total and Africa Oil were awarded license extensions in two blocks in the South Lockichar basin. The extensions are until the end of 2021 and will give the partners more time to reassess development plans. Read more from Energy Voice.

In South Africa, Total completed crucial tests on the Luiperd well, which showed high condensate yield and excellent reservoir connectivity. Read more from Offshore Energy.

According to a new study from ResearchAndMarkets, West Africa’s midstream oil and gas market is expected to register a compound annual growth rate of more than 1.54% during the period of 2020-2025. Read more from Oil Review Africa.

Not technically breaking news, but this piece from Invest in Africa discusses how COVID-19 means maximising local content in African oil and gas projects makes more business sense now than ever. Read it in GEO ExPro.

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