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Oil & Gas News

Sasol upscales renewables roll-out ambition to 900 MW, starts plotting big green-hydrogen role 

By: Terence Creamer     22nd February 2021 JSE-listed Sasol announced on Monday that it would pursue a 900 MW renewable-energy roll-out at its Secunda and Sasolburg complexes by 2030, raising its initial deployment target of 600 MW by 50%. President and CEO Fleetwood Grobler said that the upscaled plan would be pursued in partnership with... 

Sasol abandons rights issue as it secures $3.3bn from asset disposals 

By: Terence Creamer     22nd February 2021 Chemicals and energy group Sasol confirmed on Monday that it would no longer pursue a rights issue in light of progress made, through assets sales and cost savings, to shore up its debt-laden balance sheet. In a recorded results presentation, president and CEO Fleetwood Grobler said that the... 

Sasol abandons rights issue as it secures $3.3bn from asset disposals
Photo by Creamer Media's Donna Slater
Sasol CEO Fleetwood Grobler

Unpacking opportunities in Africa’s gas sector

19th February 2021 Africa’s oil and gas potential will grow significantly over the next two decades, driven by population growth, urbanisation and the emergence of a wealthier middle class in Africa, according to the Africa Energy Indaba, which will take place virtually from March 1 to 5. 

Unpacking opportunities in Africa’s gas sector
OPPORTUNITIES GALORE There is no doubt that Africa remains open for exploration by oil and gas companies

AfDB, Mozambique LNG project wins award

By: Tasneem Bulbulia     12th February 2021 The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and financial organisation the African Development Bank (AfDB) have jointly received the Global Multilateral Deal of the Year 2020 award, from print and online publication Project Finance International (PFI). The project, the single... 

Pumps design to handle flow, pressure of liquids

5th February 2021 Engineering solutions provider BMG’s SEIM spindle screw pumps efficiently handle a range of liquids – such as oils – at different flows and various pressures. BMG is the exclusive distributor of manufacturer SEIM screw pumps throughout Africa. 

Pumps design to handle flow, pressure of liquids
ALL CLEAR The design of these low-maintenance units prevents the possibility of pollutants being released into the medium

Lubricants offered for high temperatures

5th February 2021 Lubrication products used in certain applications are subjected to much harsher conditions or higher temperatures than others. This is why lubrication specialist Lubrication Engineers (LE) believes in continuously improving its products and creating solutions for particular applications. 

Solutions provided for hazardous oil spills

By: Khutso Maphatsoe     5th February 2021 Spill response company Spill Tech offers customers an efficient way to manage hazardous spills and discharges. This includes an oil spill kit to deal with oil spills at fixed facilities, enabling a fast response to deal with small to medium spills. The kits are designed for quick use to clean up... 

De Ruyter backs call for lifting of licensing cap on distributed generators to 50 MW  

By: Terence Creamer     2nd February 2021 Eskom CEO Andre de Ruyter says the State-owned utility is fully supportive of moves by large customers to develop distributed generation plants to power their operations, as well as growing calls to lift the licensing threshold from 1 MW to 50 MW so as to accelerate these investments. South... 

De Ruyter backs call for lifting of licensing cap on distributed generators to 50 MW
Photo by Creamer Media's Donna Slater
Eskom CEO Andre de Ruyter

Shell is back in court for Nigeria oil spills liability ruling

By: Bloomberg     29th January 2021 Royal Dutch Shell faces the latest ruling in a long-running legal dispute with Nigerian farmers who say the energy giant is responsible for oil leaks that have polluted their villages. The case is the first in which a company and its foreign subsidiary have been tried in the Netherlands for... 

Sasol to report higher interim EPS, HEPS but lower Ebitda

By: Marleny Arnoldi     29th January 2021 Petrochemicals giant Sasol expects to deliver a strong set of results for the six months ended December 31, 2020, despite the effects of the Covid-19 pandemic, a severe decline in crude oil prices and softer chemical product sales. Additionally, the company’s Lake Charles production, in the US,... 

Two contracts keep marine transformation afloat

29th January 2021 Specialist marine solutions provider African Marine Solutions (Amsol) has been awarded two contracts which will act not only as a catalyst for continued transformation but will also ensure continuity in supply chain. The first contract awarded to Amsol is a multiyear contract with multinational... 

Two contracts keep marine transformation afloat
FUELING TRANSFORMATION The contract awarded to Amsol by Shell Downstream South Africa will extend the company’s services in fuel logistics and transportation

Renergen appoints contractors for Virginia gas project's Phase 2 studies 

By: Simone Liedtke     27th January 2021 Emerging helium and natural gas company Renergen has appointed three companies for the engineering studies for Phase 2 of its Virginia gas project, in South Africa’s Free State province. The three companies are Saipem South Africa, EPCM Holdings and Sproule. 

Renergen appoints contractors for Virginia gas project's Phase 2 studies

Transitioning fossil-fuel labour forces into new sectors critical for ‘clean, just energy transitions’ 

By: Terence Creamer     26th January 2021 The chair of a new global commission established to offer governments guidance on making their energy transitions more “people-centred” says that the creation of green jobs and the transitioning of existing fossil-fuel labour forces into new sectors will be “key factors for a clean, just energy... 

Transitioning fossil-fuel labour forces into new sectors critical for ‘clean, just energy transitions’
Danish Energy and Climate Minister Dan Jørgensen, who chairs the International Energy Agency’s new global commission on people-centred clean energy transitions, on the need to integrate social justice with the energy transition. Camera Work: Kutlwano Matala. Editing: Nicholas Boyd.

After pandemic, oil firms even less willing to cover $3.9bn cost of South Africa's clean fuel plan 

By: Reuters     22nd January 2021 After being hit by the pandemic, oil companies in South Africa are unlikely to upgrade refineries to cut sulphur emissions unless the government allows them to pass the costs on to consumers or offers other support, the South African Petroleum Industry Association (Sapia) says. New rules... 

UN seeks $254m to respond to escalating humanitarian crisis in gas-rich Cabo Delgado  

By: Terence Creamer     20th January 2021 The United Nations is warning that the humanitarian crisis in the gas-rich Cabo Delgado province, of northern Mozambique, has escalated dramatically over the past 12 months with more than 500 000 people having been displaced as a result a religiously inspired conflict. The UN launched an appeal... 

UN seeks $254m to respond to escalating humanitarian crisis in gas-rich Cabo Delgado

Renergen hoping to highlight importance of diesel dual fuel with new truck 

By: Simone Liedtke     19th January 2021 Emerging natural gas and helium producer Renergen has replaced its old transport truck with a new one, equipped with the diesel dual fuel (DDF) kit and tank from the former truck, in a bid to prove the equipment will “outlast the truck”. While the truck itself is not linked to the company’s... 

Renergen hoping to highlight importance of diesel dual fuel with new truck

IEA calls on oil, gas sector to further cut methane emissions

By: Tasneem Bulbulia     18th January 2021 Methane emissions from the global oil and gas industry fell by an estimated 10% in 2020 as producers slashed output in response to the historic shock of the Covid-19 crisis, intergovernmental organisation the International Energy Agency (IEA) says, warning that these emissions could rebound... 

Staying local pivotal for Mozambique LNG project

By: Mc'Kyla Nortje     15th January 2021 Local content and employment are integral to one of the largest liquefied natural gas (LNG) projects under way on the continent, says petroleum refining company Total Mozambique country chair Ronan Bescond. The Area 1 Mozambique project is one of three LNG projects that are under way along the... 

Staying local pivotal for Mozambique LNG project
RONAN BESCOND Foreign companies that want to work on the project must value local partnership

Various challenges hindering gas market development

15th January 2021 In a report by advisory firm Wood Mackenzie titled ‘Sub-Saharan Africa’s (SSAs) Gas Opportunity: Are Governments Doing Enough’, fiscal and valuations principal analyst Greg Roddick notes that given the lack of reliable and affordable energy in SSA, gas should be playing a vital role.  However, he... 

Various challenges hindering gas market development
GREG RODDICK There may be little need to incentivise discoveries with domestic markets potentially well supplied in the future

Big oil producers face 19% fall in production

15th January 2021 Assurance, advisory and tax services firm PwC’s Africa Oil and Gas Review 2020, released in November, estimated a 19% fall in oil production for the top five African producers: Nigeria, Algeria, Angola, Libya and Egypt. The report, titled ‘Energising a New Tomorrow’, focused on 20 African... 

Big oil producers face 19% fall in production
ENERGY TRANSITION The report noted that the pandemic had not only caused the biggest global oil demand slump in history, it had accelerated the global energy transition by as much as five years

Chamber motivates for local participation

By: Mc'Kyla Nortje     15th January 2021 With the current liquefied natural gas (LNG) projects under way in Mozambique, Mozambique Oil and Gas Chamber executive chairman Florival Mucave notes that government needs to ensure that there are rules and regulations in place to encourage local participation. Mozambique has a unique... 

Chamber motivates for local participation
FLORIVAL MUCAVE The chamber will foster relations between members and their counterparts as well as develop a platform of companies providing goods and services

Local supplier helps power Mozambique gas project

By: Marleny Arnoldi     15th January 2021 Electrical equipment supplier Trafo Power Solutions, together with its partner, Italy-based transformer manufacturer TMC, has been selected to supply a liquefied natural gas (LNG) project off the coast of Cabo Delgado province, in Mozambique.  

Local supplier helps power Mozambique  gas project
POWER TO PROJECTS Trafo Power Solutions will supply Area 1 of the Mozambique liquid natural gas project with 25 specialised dry-type transformers for use in a processing plant

Mozambique pushes for Total to restart $20bn project

By: Bloomberg     14th January 2021 Mozambique wants Total to quickly restart work on its $20-billion liquefied natural gas project, despite concerns that insecurity could lead to a prolonged delay, the nation’s energy minister said. A three-year-old Islamist insurgency in the southeastern African nation’s Cabo Delgado province has... 

The UAE warns US shale companies against pumping more oil

By: Bloomberg     13th January 2021 Any attempt by US shale and other oil producers to boost output this year will backfire and lead to lower prices, according to the energy minister of the United Arab Emirates. Oil prices have surged in the past two months with the development of coronavirus vaccines. They jumped again last week... 

Danish PM to lead IEA commission on making energy transition people-centered 

By: Terence Creamer     11th January 2021 The International Energy Agency (IEA) has announced the creation of a high-level global commission, headed by Danish PM Mette Frederiksen, to investigate how to ensure that people are placed at the heart of the unfolding global clean-energy transition. Speaking during a virtual briefing on... 

Danish PM to lead IEA commission on making energy transition people-centered
Dr Fatih Birol

M&R subsidiary Clough secures Waitsia Stage 2 construction, engineering contract

By: Donna Slater     11th January 2021 JSE-listed engineering and construction group Murray & Roberts reports that its subsidiary, construction and engineering company Clough, has been awarded a A$400-million contract for an engineering, procurement and construction scope of work on the Waitsia Stage 2 development project in Western... 

Exporting the US shale boom has changed oil markets forever

By: Bloomberg     8th January 2021 Five years ago on New Year’s Eve, the Theo T left the Texas Gulf Coast with the first US shale crude shipment overseas. The oil, gathered from nearby ConocoPhillips wells and sold to trading giant Vitol Group, set sail for Italy just two weeks after lawmakers lifted a long-standing ban on... 

Ghana’s floating regasification unit arrives in Tema port

By: Donna Slater     7th January 2021 A floating regasification unit (FRU) for the Tema port’s liquid natural gas (LNG) facility, in Ghana, arrived on January 7. This will enable Tema LNG Terminal Company (TLTC) to start delivering LNG to customers in the first quarter of the year.  

Ghana’s floating regasification unit arrives in Tema port

Consortium led by France's Total wins exploration permit in Egypt

By: Reuters     4th January 2021 An international consortium led by French energy group Total has struck an exploration and production deal for the North Ras Kanayis offshore block in the Herodotus Basin off the coast of Egypt, Total said on Monday. The exploration block covers an area of 4 550 km2, extending from 5 km to 150 km... 

Mozambique weighs help to fight insurgents in gas-rich north

By: Bloomberg     17th December 2020 Mozambique is considering offers from around the world to help fight an Islamist insurgency in the natural gas-rich north of the country, President Filipe Nyusi said, while striking a cautious tone in accepting outside assistance. The government has been working with some countries, but won’t... 

Mozambique weighs help to fight insurgents in gas-rich north
Photo by Reuters
Mozambique President Filipe Nyusi

CTT secures chunk of debt funding, expects financial close by mid-2021

By: Marleny Arnoldi     10th December 2020 The Temane regional energy initiative says it is making significant progress on securing debt funding for the Central Termica de Temane (CTT) project, in Mozambique. CTT is expected to achieve financial close by the second quarter of next year and provide first power in the fourth quarter of... 

Standard Bank publishes climate-change-mitigating fossil fuels financing policy 

By: Donna Slater     10th December 2020 Financial services company Standard Bank Group has published its Fossil Fuels Financing Policy (FFFP) as part of its efforts to improve its management of environmental, social and governance (ESG) risks and contribute to the sustainable development of Africa.   This follows the 2019 adoption of... 

Standard Bank publishes climate-change-mitigating fossil fuels financing policy

Local natural gas producer keeping its foot on the gas 

8th December 2020 Emerging natural gas and helium producer Renergen, who continues to keep its foot on the gas in South Africa, invited the Engineering News team to visit the company’s project site in the Free State, South Africa. Creamer Media journalist, Simone Liedtke, gives us the update. 

Local natural gas producer keeping its foot on the gas
Local natural gas producer keeping its foot on the gas

OPEC+ meets to seek compromise on plan to delay output hike

By: Bloomberg     4th December 2020 OPEC+ began two days of potentially complicated talks to hash out the size of its oil-production cuts next year, with the group’s president calling for caution in a fragile market. The coalition that pumps half the world’s crude is debating whether to maintain its output restrictions at current... 

OPEC+ meets to seek compromise on plan to delay output hike

Explosion at Durban crude oil refinery

By: Reuters     4th December 2020 There was an explosion at South Africa's second-largest crude oil refinery in Durban on Friday morning, a local metropolitan police official told Reuters, adding it was not yet clear whether there had been injuries or deaths. A spokesman for Engen, which operates the refinery, said he would... 

Explosion at Durban crude oil refinery
The Durban refinery

Home-grown gas innovation set to deliver zero-emission refrigerated transport 

By: Simone Liedtke     4th December 2020 Emerging domestic natural gas and helium producer Renergen continues to keep its foot on the gas in South Africa through the development of a zero-emissions solution for cold-chain logistics, in partnership with trailer manufacturer Henred Fruehauf. The solution uses liquefied natural gas... 

Home-grown gas innovation set to deliver zero-emission refrigerated transport
Scan the barcode or visit www.engineeringnews.co.za to watch a video interview with Renergen’s Stefano Marani and Henred Fruehauf’s Eduan Naude, as they give more insight into a new zero-emissions logistics solution.

Sasol keeps rights-issue powder dry having ‘banked’ $3bn in disposals

By: Terence Creamer     2nd December 2020 Debt-laden chemicals and energy group Sasol is keeping its rights-issue powder dry, indicating on Wednesday that a final decision on any possible issuance, including its scale, will depend on various factors, including whether or not it is successful in completing yet more asset disposals. CEO... 

Sasol keeps rights-issue powder dry having ‘banked’ $3bn in disposals
Photo by Creamer Media's Donna Slater
Sasol CEO Fleetwood Grobler
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