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Issue 397 - 25 July 2019

Tanzania: Jacobsen collapse threatens Kinyerezi construction

Tanzania Electric Supply Company (Tanesco) is working with General Electric (GE) to find a way forward for the troubled 185MW expansion of the Kinyerezi I gas power plant. Delays became apparent last year when engineering, procurement and construction (EPC) contractor Jacobsen...

Issue 397 - 25 July 2019

Tanzania

Issue 397 - 25 July 2019

South Africa: LNG market study tender

The World Bank Group is seeking expressions of interest from consultants for a market study of LNG and gas distribution from the planned Richards Bay terminal. South Africa’s Transnet and the International Finance Corporation are seeking a consultant to assist in the techno-...

Issue 397 - 25 July 2019

South Africa

Issue 397 - 25 July 2019

Algeria: Political concerns dampen upstream mood

Key upstream partners are making bullish noises about their Algerian operations, but a call by judicial authorities to reopen investigations into historic accusations of malfeasance at state energy giant Sonatrach threatens to undermine confidence (see View). Italian major Eni...

Issue 397 - 25 July 2019

Algeria

Issue 397 - 25 July 2019

Egypt/Region: Energean in Edison acquisition

Mediterranean-focused Energean Oil & Gas has agreed to acquire Italy’s Edison E&P for an initial $750m. Following an initial public offering in March 2018, Energean’s strategy has been to become the leading independent, gas-focused exploration and production company in...

Issue 397 - 25 July 2019

Egypt

Issue 397 - 25 July 2019

Egypt: BP backs United Oil acquisition

AIM-listed United Oil & Gas has won BP’s backing for a $16m deal to buy Rockhopper Egypt Pty Ltd, which has a 22% non-operated interest in the Abu Sennan concession in the Western Desert. BP will provide a prepayment financing structure of up to $8m, and United and BP have...

Issue 397 - 25 July 2019

Egypt

Issue 396 - 11 July 2019

More gas found in Tortue as exploration interest grows

BP and Kosmos Energy have found more gas in an appraisal well on the Greater Tortue development area as Kosmos prepares to farm down part of its interest. Kosmos said the Greater Tortue Ahmeyim-1 (GTA-1) well, drilled on the eastern anticline within the development area,...

Issue 396 - 11 July 2019

Africa

Issue 396 - 11 July 2019

Senegal: Gas pipeline network study

Africa Oil Corporation’s South African subsidiary has farmed into Block 3B/4B in the Orange Basin, taking 20% from Azinam as interest grows in South Africa and Namibia’s exploration potential following Total’s Brulpadda discovery. Operator Ricocure will retain its 60% interest....

Issue 396 - 11 July 2019

Senegal

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