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African News Herald > Blog > Africa > Service Providers Key to Unlocking Hydrocarbon Potential – Africa.com
Africa

Service Providers Key to Unlocking Hydrocarbon Potential – Africa.com

ANH Team
Last updated: January 17, 2025 1:06 am
ANH Team
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The energy sector in the Republic of Congo is experiencing significant growth, with ambitions to increase oil production from 270,000 to 500,000 barrels per day in the coming years. Service providers are playing a crucial role in shaping this growth, particularly in the exploration and production sector. Additionally, the country’s focus on gas sector development, supported by upcoming initiatives such as the Gas Master Plan and new Gas Code, is creating opportunities for service companies in gas field development, infrastructure, and associated services.

One of the key drivers of energy project development in the Congo is the use of energy service contracts. A recent example is the contract awarded to Turkish power company Aksa Enerji to upgrade the Djeno gas-to-power plant, aiming to increase production to 100 MW. This highlights the importance of service companies in upgrading infrastructure to meet the growing energy demands of the country.

In addition to service contracts, partnerships and agreements are fueling development in the energy sector. TotalEnergies and Vantage Drilling have formed a joint venture to operate the Tungsten Explorer drillship offshore Congo, while China’s Wison Heavy Industry has partnered with Baker Hughes to collaborate on FLNG and onshore LNG applications. These partnerships demonstrate how service companies are supporting critical energy infrastructure and offshore operations in the Congo.

Downstream services are also driving domestic development in the country. The upcoming $600 million Atlantic Petrochemical Refinery, being developed by Beijing Fortune Dingheng Investment, will play a crucial role in meeting domestic demand for refined petroleum products. Service companies will be essential in the construction, operation, and maintenance of the refinery, contributing to the country’s self-sufficiency in refined products.

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The Banga Kayo onshore project by Wing Wah is another significant initiative that highlights the importance of service companies in both upstream development and refining operations. The project, which involves drilling approximately 250 wells with a peak output of 80,000 bpd, is expected to process gas into LNG, LPG, and other byproducts.

Overall, service providers are at the forefront of the Republic of Congo’s energy transformation, playing a crucial role in unlocking the full potential of the country’s oil, gas, and energy sector. With significant investments in both upstream and downstream energy infrastructure, service contracts will continue to drive the country’s economic and energy growth.

The upcoming Congo Economic & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will provide updates on the latest gas-to-power projects and ongoing expansions across the country.

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