Throughout 2023, Energy Capital & Power (ECP) events held in South Sudan, Mauritania, South Africa, and Angola played host to several significant industry deals, spanning various sectors including energy, power, and infrastructure. These events, such as South Sudan Oil and Power (SSOP), Angola Oil and Gas (AOG), and Critical Minerals Africa (CMA), served as platforms for fostering collaboration, showcasing noteworthy transactions that underscore Africa’s progress in these vital sectors.
SSOP 2023: SFF, Nilepet Collaboration for Aerial Exploration in Block 2
The Strategic Fuel Fund (SFF) of South Africa and South Sudan’s national oil company, Nilepet, inked a partnership agreement focusing on aerial exploration in Block 2. This collaborative effort involves leveraging South Sudan’s geophysical planes to conduct environmentally friendly aerial surveys, marking the initiation of a highly anticipated upstream program.
SSOP 2023: Nile Drilling & Services, Tianjin DFXK Petroleum Sign MoU
Nile Drilling & Services, South Sudan’s first locally-owned petroleum drilling company, signed a Memorandum of Understanding (MOU) with Tianjin DFXK Petroleum, a petroleum drilling manufacturer. The MOU aims to enhance service delivery and technical support for local companies, involving the acquisition of two drilling rigs for exploration and development in Blocks 3 and 7, alongside contributions to training and capacity building of local engineers.
SSOP 2023: South Africa’s DMRE Ready for Mining Sector MoU with South Sudan
South Africa’s Department of Mineral Resources and Energy (DMRE) expressed its readiness to establish an MOU with South Sudan, fostering collaboration in the mining sector. The DMRE is actively seeking partnerships with South Sudanese companies, recognizing the mining sector as a pivotal avenue for trade and investment between the two countries.
AOG 2023: Azule Energy, Sonangol Collaborate on Decarbonization
Azule Energy, representing a joint venture between bp and Eni, joined forces with Angola’s national oil company, Sonangol, for collaborative efforts on decarbonization initiatives in Angola. The focus of this partnership lies in driving environmental sustainability.
AOG 2023: ANPG Signs Agreement with Universities for Energy Development Support
Angola’s National Agency of Oil, Gas and Biofuels (ANPG) established partnerships with three universities, creating programs to offer technical support in energy development, oil and gas production, biofuels, and renewable energy. These agreements aim to enhance technical and engineering capabilities within the energy industry.
AOG 2023: Ambipar, Kini Energias Partner for Environmental Management
Environmental management company Ambipar and energy company Kini Energias collaborated to establish an industrial unit for waste suction equipment assembly and testing, spill control, and waste management in Angola. The partnership places a strong emphasis on local technician recruitment, professional development, and providing door-to-door services for the oil and gas sector.
AOG 2023: Etu Energias, SLB Sign Technical Services Agreement
Etu Energias and global technology company SLB signed a technical services agreement outlining collaboration in the development of Block 2/5. This agreement encompasses engineering wells and end-to-end technological complementary services.
AOG 2023: Protteja Seguros, Petromar Ink Business Partnership
Insurance company Protteja Seguros and Petromar signed an MOU to develop a business partnership and collaborate on social responsibility initiatives. The agreement outlines their commitment to the Environmental, Social, and Governance standards in Angola’s sustainability and development goals.
CMA 2023: UK Pledges R20 million to Africa’s Critical Minerals
During the inaugural edition of CMA, the UK pledged R20 million to support African nations in developing their critical mineral supply chains. The commitment is geared toward promoting mineral exploration and processing, fostering value-added activities, and creating local employment opportunities.
