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The Energy Republic February Edition 2022

This magazine is a special edition focused on the challenges and growth opportunities in Sub- Saharan Africa oil and gas value chain, with a spotlight on stakeholders commentaries, while recommending some key strategies in unlocking the new opportunities in the African oil and gas industry....

This magazine is a special edition focused on the challenges and growth opportunities in Sub-
Saharan Africa oil and gas value chain, with a spotlight on stakeholders commentaries, while recommending some key strategies in unlocking the new opportunities in the African oil
and gas industry....

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AFRICAN ENERGY STORIES

TotalEnergies Makes Significant Oil Discovery

Offshore Namibia

TotalEnergies has made a significant

discovery of light oil with associated gas

on the Venus prospect, located in block

2913B in the Orange Basin, offshore southern

Namibia.

The Venus 1-X well encountered approximately

84 meters of net oil pay in a good quality Lower

Cretaceous reservoir.

“This discovery offshore Namibia and the very

promising initial results prove the potential of

this play in the Orange Basin, on which

TotalEnergies owns an important position both

in Namibia and South Africa” said Kevin

McLachlan, Senior Vice President Exploration at

TotalEnergies. “A comprehensive coring and

logging program has been completed. This will

enable the preparation of appraisal operations

designed to assess the commerciality of this

discovery.”

Block 2913B covers approximately 8,215 km² in

deep offshore Namibia. TotalEnergies is the

operator with a 40% working interest, alongside

QatarEnergy (30%), Impact Oil and Gas (20%)

and NAMCOR (10%).

TotalEnergies is a global multi-energy company

that produces and markets energies: oil and

biofuels, natural gas and green gases,

renewables and electricity.

TotalEnergies 105,000 employees are

committed to energy that is ever more

affordable, cleaner, more reliable and

accessible to as many people as possible. Active

in more than 130 countries, TotalEnergies puts

sustainable development in all its dimensions at

the heart of its projects and operations to

contribute to the well-being of people.

Tanzania $30 Billion LNG Project Making Good

Progress - Shell

Shell has made good progress with the

Tanzanian government in recent months to

advance a liquefied natural gas (LNG) project to

tap the East African country's huge gas

resources, a Shell executive said recently,

according to Reuters report.

"We have seen some real quick progress over

the last year compared to what had been a

much slower progress before and we continue

to be hopeful that we can take this project all

the way through to FID (final investment

decision) at some stage," Shell's head of

integrated gas Wael Sawan said.

The Minister of Energy of Tanzania Hon. January

Makamba held talks last week with the

negotiating teams of the $30 Billion LNG project

to be built in the #Lindi Region.

The development of Tanzania's vast offshore

gas resources has been held up for years due to

delays in government licensing agreements, but

Sawan told reporters that some fiscal disputes

"have now been resolved".

Shell operates Block 1 and Block 4 off Tanzania,

which hold 16 trillion cubic feet in estimated

recoverable gas. It aims to develop an LNG

project together with Norway's Equinor

(EQNR.OL).

Equinor also operates Block 2, in which

ExxonMobil (XOM.N) also holds a stake and

which is estimated to hold more than 20 trillion

cubic feet of gas.

Experts Harness Opportunities In PIA At Convening NOG

Energy Conference In Nigeria

The 21st edition of Nigeria’s foremost

energy event, NOG Conference and

Exhibition is set to hold in person at the

International Conference Centre, Abuja from 4 – 7

July 2022.

dmg Nigeria events, the organizers of the event

stated, NOG 2022 will host key stakeholders from

across the global energy value chain to discuss the

strategies that will be employed by the Nigerian

government and private sector leaders to harness

the opportunities created by the historic Petroleum

Industry Act (PIA) which was signed into law by

President Mohammadu Buhari in 2021.

technology innovations for decarbonatization

across the value chain, and other critical topics, that

will help set the nation’s energy agenda for the next

12 months and beyond.

The conversation at this year’s conference is

significant as the industry navigates the growing

global demand for renewable energy and climate

friendly sources of energy in the face of Africa’s

unique energy mix requirements. Many industry

leaders have also dubbed this to be an opportunity

to seek a lasting solution to Africa’s energy poverty

and bring the much-needed socioeconomic

development.

certified NOG Technical Seminar. The Technical

Seminar will host sessions in 5 different streams

covering upstream operation, midstream,

downstream, digitization and project management.

The NOG Conference and Exhibition annually hosts

over 500 delegates, 300 exhibiting companies, 80

industry expert speakers and 40 sessions across 2

conference streams.

2022 Sponsors include: NNPC, Nigeria LNG Limited,

Shell, Chevron, Total Energies, ExxonMobil, NCDMB,

Prime Atlantic, DCPL, Coleman Wires And Cables,

First E & P, ND Westers, Nivafer, Russell Smith, Vurin

Group, MG Vowgas, PE Energy Ltd, WAV and Trexm

Chemicals to date.

The conference will also discuss key issues such as

financing opportunities for energy projects in sub-

Saharan Africa, bridging the infrastructure gap for

the improved domestic gas market, opportunities

for indigenous companies in the PIA era,

As part of its commitment to the development of

the Nigerian energy industry, NOG will also provide

the opportunity to showcase and train industry

stakeholders on best-in-class technology

innovations across the value chain through its CPD

36 06 09 22

THE ENERGY REPUBLIC I SPECIAL EDITION

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