Blog

African Countries in Perspective: Ghana

After more than a decade of unsuccessful exploration, the state- owned Ghana national Petroleum Company has recorded a successful discovery of significant deep-water oil and gas reserves after seeking partnership with international companies to aid their efforts. The field is now called the jubilee field. Since production began in 2010, Ghana’s parliament passed an extensive […]

Continue Reading

African Countries in Perspective: Uganda

Currently, Uganda’s confirmed petroleum base is currently at 6.5 billion barrels of oil in-place. This is also known as Stock Tank Oil -Initially-In-Place (STOIIP). Of this, between 1.4 and 1.7 billion barrels are recoverable. The country is currently working on two (2) development plans; Tilenga and Kingfisher Development Projects. To successfully carry out these projects, […]

Continue Reading

Future of Hydrocarbon in Africa

Introduction Hydrocarbons are the result of the slow transformation of organic material underground and underwater, in conditions of low oxygen, high temperatures, and high pressures. When talking about hydrocarbons, there is an important difference to be made between “resources” and “reserves”. In order to become reserves, resources need to be carefully assessed in quantity and […]

Continue Reading

Big Deal For China

The BRI is not just aimed at solving current economic and trade challenges but also it goes to secure the future for China. It is imperative to state that a number of arguments and counter arguments have been made on the critical factors that motivated China to engage in such massive plan. We can broadly […]

Continue Reading