AfrOil - Africa Oil & Gas
The International Energy Agency reports that oil demand this year will grow by 1.9mn bpd, to a record 101.7mn bpd, and supply by 1mn bpd, to 101.1mn bpd, in its first monthly report for 2023 released on January 18.
The Democratic Republic of Congo (DRC) has selected the top bidders for three of the blocks included in last year’s onshore licensing round.
Uganda’s government has signed deals for two new blocks in the western part of the country, near Lake Albert.
Friends of the Earth, an international environmental group, has failed to overturn a lower court ruling green-lighting the UK’s plan to provide funding for the Mozambique LNG project.
China’s Wison Offshore & Marine has officially started work on a floating LNG vessel that will be installed at the Marine XII block, located offshore Republic of Congo.
The Italian natural gas grid operator Snam has acquired Eni’s 49.9% stake in companies operating two groups of gas pipelines between North Africa and Italy for €405mn ($435mn).