Mozambique’s LNG mega-projects and Namibia’s investor-friendly reforms are driving exploration.
Coral South, operated by Eni, is the only project in operation, having come on stream in 2022.
South African-flagged commercial vessels continue to enjoy a 30% discount on marine tariffs.
Major offshore projects are boosting Africa’s role as a key global supplier of natural gas.
A Human Sciences Research Council survey shows that more than 60% of South African households suffer some level of food insecurity.
State media framed the operation as a significant step towards securing supply lines.
“The maintenance window was well communicated in advance and also posted on the Saaff group.”
Cross-border fuel and petrochemical projects on the rise.
Five countries will be selected to benefit from the project through an open expression of interest process.
“It is very encouraging to hear the initiatives being taken to address delays and costs.” – Lance Pullan.
Oil demand remains resilient as affordability slows the global energy transition.