Source: Energy Capital & Power |

Guinea-Conakry’s Energy & Power Future is Bright with 22-Block Licensing Round

This year will determine the future of Guinea-Conakry's energy sector development amidst new opportunities

Guinea-Conakry’s hydrocarbons industry is gathering steam with the tendering of 22 unexplored offshore blocks in its sights. While Senegal’s more established industry has seen over 160 wells drilled since the 1980s, Guinea-Conakry’s first exploration dates back to 2012, conducted by U.S firm HyperDynamics, followed by the entry of French oil…

Source: Energy Capital & Power |

Guinea’s Mining Sector Powered by New LNG Port Infrastructure

With its regional neighbors steaming ahead in the MSGBC gas rush, Guinea-Conakry is set to advance in regional LNG trade with a $300 million phased LNG Project

The west African nation of Guinea-Conakry has announced the construction of a $300 million phased Liquefied Natural Gas (LNG) provision and distribution network which includes a full-service LNG receiving terminal, a liquefaction plant and an export terminal. The mega-project, dubbed the Guinea LNG Project, will be located at the Port…

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    • H.E. Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Gas, Angola
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Angola Celebrates 37th Anniversary Of Mining Labor Day (By Nicholas Nhede)

H.E. Diamantino Pedro Azevedo, Minister of Mineral Resources, Oil and Gas of the Republic of Angola, highlighted achievements within the mining sector during the 37th anniversary of the Mining Labor Day

By Nicholas Nhede, Strategic Communications Officer at Energy Capital & Power (www.EnergyCapitalPower.com) In celebration of the Republic of Angola’s 37th anniversary of Mining Labor Day on 27 April, 2022, H.E Diamantino Pedro Azevedo, the country’s Minister for Mineral Resources, Oil and Gas has highlighted the developments achieved within the mining industry…

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    • Positioning Guinea’s 2.2 Billion Ton Simandou Mine as a Key Driver of Economic Growth (By Charné Hundermark)
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Positioning Guinea’s 2.2 Billion Ton Simandou Mine as a Key Driver of Economic Growth (By Charné Hundermark)

The 2.25-billion-ton iron ore mine has the potential to improve GDP, create thousands of jobs and position the country as a top exporter, if legal disputes and infrastructure delays are addressed

By Charné Hundermark, the Deputy Editor at Energy Capital & Power (www.EnergyCapitalPower.com) Located in the southern Nzérékoré region of Guinea-Conakry, the Simandou mine holds the largest deposits of high-grade iron ore in the world – an essential element for the production of steel. With the potential of producing up to…

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    • Driving Sustainable Economic Growth in Guinea-Bissau (By Nicholas Nhede)
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Driving Sustainable Economic Growth in Guinea-Bissau (By Nicholas Nhede)

Energy developments are set to advance Guinea-Bissau’s economy in 2022 but policy reform measures and investment remain key to unlocking the country’s full growth potential

By Nicholas Nhede, Strategic Communications Officer at Energy Capital & Power (www.EnergyCapitalPower.com) Despite having vast energy resources, Guinea-Bissau has one of the least developed economies in the world. Due to the west African country’s slow progress regarding the exploitation of its energy resources, due to limited investments in infrastructure development…

Energy Capital & Power
Source: Energy Capital & Power |

#MSGBC2021: Woodside Offers Updates on Sangomar Project Offshore Senegal

Woodside Senegal Country Manager, Andy Demetriou, shared a detailed overview of the latest developments of the Sangomar Field Development at the MSGBC Oil, Gas & Power 2021 Conference and Exhibition

Taking place in Dakar, Senegal, on 17 December, day two of the MSGBC Oil, Gas & Power 2021 Conference and Exhibition featured the participation of petroleum exploration and production company, Woodside Country Manager for Senegal, Andy Demetriou, who provided a detailed overview of the latest developments of the offshore Sangomar…

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    • Guinea-Bissau and Senegal Promote Hydrocarbon Development of the MSGBC Basin (By Miguel Artacho)
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Guinea-Bissau and Senegal Promote Hydrocarbon Development of the MSGBC Basin (By Miguel Artacho)

The AGC is an entity that reports directly to the Presidents of both countries on all oil and gas industry developments; and also has strong functional linkages with the relevant ministries

By Miguel Artacho, Field Editor Guinea-Bissau has several offshore areas that hold good prospects for a variety of independent exploration and production (E&P) companies, as well as International Oil Companies (IOCs) that are currently operating in several of the MSGBC Basin countries including Sweden´s Svenska Petroleum, Norway´s PetroNor E&P and Australian-based…

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    • Five Reasons Why the MSGBC Basin is a Top Investment Destination (By Miguel Artacho)
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Five Reasons Why the MSGBC Basin is a Top Investment Destination (By Miguel Artacho)

In recent years all of the MSGBC Basin countries have been climbing up the global rankings due to the continuing improvements in their business climates

By Miguel Artacho, Field Editor Since large-scale oil and gas discoveries took place in the offshore waters of Senegal and Mauritania between 2014-2017, the entire MSGBC region– comprised of Mauritania, Senegal, The Gambia, Guinea Conakry, and Guinea Bissau – has received growing interest from international investors. There are several reasons why…

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Source: Energy Capital & Power |

Senegal´s Mining Industry: A Cornerstone of the National Economy (By Miguel Artacho)

In addition to some of the minerals currently being extracted in traditional mines or quarries; the Senegalese subsoil is rich in deposits of other equally useful substances

By Miguel Artacho The mining sector is a core component of Senegal´s export industry and contributes strongly towards national revenue and foreign exchange. The government of Senegal aims to significantly increase foreign direct investment (FDI) into the extractive industries to support long-term economic development objectives as outlined in the Plan Senegal…

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    • Guinea-Bissau Plays a Crucial Role in Global Bauxite Supply Chain (By Miguel Artacho)
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Guinea-Bissau Plays a Crucial Role in Global Bauxite Supply Chain (By Miguel Artacho)

Growing FDI into Guinea-Bissau’s strategic mining sector is boosting export capabilities and supporting strong real GDP growth

By Miguel Artacho, Field Editor The West African nation of Guinea-Bissau is blessed with abundant natural resources, a growing energy sector, as well as large tracts of arable land. Bauxite is the cornerstone of the Guinean economy and is the country´s main foreign currency earner. Today, Guinea-Bissau has the world´s third…