The government plans to end its involvement in oil procurement by July this year, energy minister David Mabumba told a forum organised by the ruling Patriotic Front on 7 May. “By June, we will float a tender for the private sector to participate,” said Mabumba. He said the...

The government of Equatorial Guinea has signed an agreement with Dubai-based Arabian Energy DMCC to work together on the Bioko Oil Terminal. The two sides agreed to collaborate on the development, implementation, construction and financing of the $500m project to develop West...

DP World Group of the United Arab Emirates has started work on a 30-year concession to develop and manage a multipurpose port in the Somaliland commercial capital of Berbera. The $442m project, to be developed in two phases, aims to create a new trading hub for East Africa....

The South Sudan government’s desperation to rescue a tanking economy and its desire to distract attention from its own problems resulted in a bizarre threat in late March that it would terminate oil exploration contracts if developers failed to start surveys by the end of...

A tender for domestic use of gas from the Rovuma Basin has produced three project awards, but bidders say timelines and gas sources have yet to be clarified. Fourteen bids were submitted in November for the tender, which was issued on 27 August (AE 339/16).The National...