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VOLUME 13
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ISSUE 5 2018 • WWW.OILREVIEWAFRICA.COM
ISSUE 5 2018
EDITOR’S NOTE Southern Africa’s deepwater
AMBITIONS Coral: Mozambique’s FLNG achievement The rise of women in African oil and gas Cryptocurrency and exploration in Namibia Corrosion management, fire prevention, certification, flow management, artificial lift, warehousing
SEE US AT THE SHOW
Interview: Bode Balogun, Prime Atlantic Global (p48)
A detailed analysis of southern Africa can be found on page 24.
It’s Africa Oil Week time once again and Oil Review Africa is delighted to renew its partnership for this event. As oil and gas industry leaders descend on Cape Town for a week of discussion, presentations and networking, our economist Moin Siddiqi offers his detailed analysis of oil and gas prospects across the southern part of the African continent. Will deepwater projects prove to be the big winners across multiple markets? See page 24 for more. Elsewhere in this issue, we catch up with Dr Amy Jadesimi, managing director of Ladol (p34) and flag up the achievements of women in the Nigerian oil and gas industry (p34). The future is bright for women in the industry with more opportunities and more encouragement for girls to study STEM subjects and pursue careers in this traditionally male-dominated field. We look forward to more interviews with leading women in future issues of the magazine. Georgia Lewis Managing Editor
CONTENTS Managing Editor: Georgia Lewis ora@alaincharles.com
NEWS
Editorial and Design team: Prashanth AP, Hiriyti Bairu, Miriam Brtkova, Praveen CP, Rhonita Patnaik, Samantha Payne, Rahul Puthenveedu, Deblina Roy, Louise Waters
Publisher: Nick Fordham Sales Director: Michael Ferridge
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African hydrocarbons news Updates from across the continent.
COVER STORY
Magazine Sales Manager: Chidinma Anah Tel: +44 (0) 20 7834 7676 Fax: +44 (0) 20 7973 0076 E-mail: chidinma.anah@alaincharles.com
24
Outlook for Southern Africa Emerging and established markets.
International Representatives India Nigeria UAE USA
Tanmay Mishra Bola Olowo Graham Brown Michael Tomashefsky
Head Office: Alain Charles Publishing Ltd University House, 11-13 Lower Grosvenor Place, London SW1W 0EX, United Kingdom Tel: +44 (0) 20 7834 7676 Fax: +44 (0) 20 7973 0076
Middle East Regional Office: Alain Charles Middle East FZ-LLC Office L2-112, Loft Office 2, Entrance B P.O. Box 502207, Dubai Media City, UAE Tel: +971 4 448 9260 Fax: +971 4 448 9261
Production: Srinidhi Chikkars, Nelly Mendes, Infant Prakash, Rakshith Shivakumar E-mail: production@alaincharles.com
Subscriptions: circulation@alaincharles.com Chairman: Derek Fordham Printed by: Buxton Press © Oil Review Africa
ISSN: 0-9552126-1-8
Serving the world of business
COUNTRY FOCUS
28 30 32 58
Mozambique Major FLNG milestones.
Nigeria Refinery development update.
South Africa Petroleum SA’s latest activities.
Namibia Pioneering cryptocurrency for oil and gas in an ambitious project.
TECHNOLOGY AND OPERATIONS
36 38 40 42
43 45 47 49 50 51 53
Women in oil and gas Leading the way in Nigeria.
Rig reactivation Getting back into business.
Corrosion management Vital maintenance for operators.
Asset optimisation Cost-effective FPSO management.
Fire prevention Safety in hazardous locations.
Safety Improved regulations.
Certification Guidelines from Bureau Veritas.
Flow management Flow induced vibration assessments.
Compressors Powerful new turbo technology.
Artificial lift A sector reassessment.
Warehousing Leveraging blockchain and an update from Stodec Trading.
INTERVIEWS
34 48 52 55
Dr Amy Jadesimi On her ambitions with Ladol.
Bode Balogun Prime Atlantic Global Instruments.
Jude Abalaka Tranos managing director.
Paul Alexander Storm Procurement managing director.