Category: Oil & Gas

Threat or excellent opportunity? Housed in the Atlantic about ten kilometers off Saint-Louis, on the border between Senegal and Mauritania, the oil and gas terminal is lost in the mist of this October morning. A fishermen’s canoe slips on the wet sand after a night at sea. “Not a lot of fish”, plagues El Hadji Gaye, who looks dumbfounded at the recent installations that have narrowed his horizon, which he believed to be immutable. Senegal, like the Democratic Republic of Congo (DRC), has recently discovered oil and gas resources and nourishes… Read More Here

The environmental NGO Greenpeace Africa, which opposes the exploitation of hydrocarbons in the DR Congo, expressed concern on Thursday evening about the “rush” with which Kinshasa wants, according to it, to start the exploration of the gas from Lake Kivu, in the east of the country. The Congolese government proceeded Wednesday to the counting of the candidatures of a dozen companies and consortia which expressed their interest for three blocks of methane gas identified in this lake, on the border between the DRC and Rwanda.  The Minister of Hydrocarbons, Didier… Read More Here

The Congolese Minister of Hydrocarbons, Didier Budimbu, chaired, on Wednesday October 12, 2022, in Kinshasa, the opening ceremony of the bids received within the framework of the Notice of call for tenders launched on July 28, 2022 by the President of the Republic, Félix Tshisekedi, for the acquisition and exploitation of three gas blocks from the Lac. It was at the Pullman hotel in Kinshasa in the presence of national deputies, senators, members of the cabinet and the technical secretariat of the ad-hoc Commission made up of delegates from the Ministry… Read More Here

Initially scheduled at the address of the Technical Secretariat of the ad hoc Commission at 10:00 a.m., the public session for examining the bids of bidders for the call for tenders for three gas blocks in Lake Kivu will finally take place on the same day, i.e. on Wednesday, October 12, 2022 in the Salonga room of the Pullman hotel in Kinshasa, the capital of the Democratic Republic of Congo (DRC). This clarification was provided by the Congolese Minister of Hydrocarbons, Didier Budimbu, in a press release published on Tuesday,… Read More Here

The oil company Cobil would be ready to deploy throughout the territory of the Democratic Republic of Congo (DRC). These assurances were given by the Deputy Managing Director of this oil company,Olivier Okunda, during the work of the Round Table on the supply of petroleum products in the Grand Equateur and Grand Kasaï spaces open, on Monday, October 10, 2022, in Kinshasa. , under the leadership of the Minister of Hydrocarbons, Didier Budimbu. “ It is possible that we can expand to all the provinces of the DRC. The Cobil company was… Read More Here

Communication and Media Minister Patrick Muyaya responded to Washington’s request calling on the Democratic Republic of Congo to renounce the auctioning of oil blocks located in sensitive areas. For the spokesman of the Congolese government, this request can only be taken into account following an equivalent counterpart because the country is committed to meeting the needs of the population. A task that requires colossal resources. He also specified that a Congolese-American working committee has been set up to rule on this subject.  “We must not remain on this posture which requires Congo… Read More Here

The Congolese Minister of Hydrocarbons of the Democratic Republic of Congo (DRC), Didier Budimbu, took part, on Tuesday October 4, 2022, in the 28th edition of Africa Oil Week in CapeTown in South Africa. The objective for this member of the Warriors Government is to promote the tender process for 27 oil blocks and 3 gas blocks launched by the Government since July 2022. During these meetings, Didier Budimbu had the privilege of presenting the oil and gas potential of his country to the heads of African and international oil… Read More Here

The Minister of Hydrocarbons Didier Budimbu took part on Thursday, September 22, 2022 in the USA-Africa Energy Summit in Houston, more precisely in Texas. This meeting, which brought together African ministers in charge of oil and energy and economic operators operating in the sector, aimed to discuss the future of oil exploitation in the African continent. Opportunity for the Congolese Minister of Hydrocarbons to present to the audience the various opportunities to invest in the Democratic Republic of Congo with the recent tenders for 27 oil blocks and 3 gas blocks.… Read More Here

The Deputy Prime Minister, Minister of the Environment and Sustainable Development, Eve Bazaïba, presented to the Council on Friday, September 16, the file relating to the environmental aspect of the Call for tenders for the exploration of 27 oil blocks and 3 gas blocks launched by the Government on July 28, 2022. On this occasion, she recalled “that no provision of the international legal instruments ratified by the Democratic Republic of Congo prohibits its Government from exploiting these resources for reasons of environmental protection or for fear of the aggravation… Read More Here