Featured
Issue 385 -
Algeria: Sonatrach transforms itself despite uncertainty over presidency
After more than a decade when Sonatrach senior management was cowed by allegations of severe corruption and fled from confrontation with commercial realities, the giant corporation is now rapidly implementing a new vision. Abdelaziz Bouteflika, now in the 20th year of his...
Issue 385 -
Algeria
Issue 385 -
Projects progress but politics cloud the future in Côte d’Ivoire
New petroleum, energy and renewable energy minister Abdourahmane Cissé’s approval of plans for Paris-based investment company Eranove Group to build a 390MW gas-fired power plant at Jacqueville, near Abidjan, and for Globeleq’s 430MW Azito plant to add another 253MW in a CFA225....
Issue 385 -
Côte d’Ivoire
Issue 385 -
Ophir agrees revised Medco bid
Ophir Energy’s board said on 30 January it had agreed to a revised 55p/share bid from Indonesia’s Medco Energi, valuing the company at £390.6m ($500m). London-based Ophir said the offer represented a premium of 65.7% to the closing price of 33.2p on 28 December before the...
Issue 385 -
Africa
Issue 384 -
Mozambique LNG schemes line up buyers to underwrite final investment decisions
Eni and ExxonMobil, partners in Mozambique’s Area 4 liquefied natural gas (LNG) scheme, announced on 28 December that they have secured enough offtake commitments to move to a final investment decision (FID) on their planned onshore development in 2019. A joint statement gave no...
Issue 384 -
Mozambique
Issue 384 -
Cameroon: Gas sales, licence approval boost VOG
Victoria Oil & Gas (VOG) has announced the resumption of gas sales to power utility Eneo Cameroon for the Logbaba power station, and government approval of its acquisition of the Matanda Block. The news has come as a significant boost for Aim-listed VOG, which was hard hit...
Issue 384 -
Cameroon
Issue 384 -
Mauritania/Senegal: FID for cross-border gas project
BP and Kosmos Energy on 21 December announced a final investment decision for Phase 1 of the groundbreaking Greater Tortue Ahmeyim gas project. Kosmos said the decision was made with BP and the two state oil companies, Petrosen and Société Mauritanienne des Hydrocarbures et de...
Issue 384 -
Mauritania, Senegal
Issue 384 -
Nigeria-Morocco pipeline study
Morocco’s Office National des Hydrocarbures et des Mines and the Nigerian National Petroleum Corporation have given Penspen a new contract for a project to build a gas pipeline system that would eventually run some 5,700km from Nigeria to Morocco’s Mediterranean coast.
Issue 384 -
Nigeria, Morocco
Consultancy
Events
02 May 2019 to 03 May 2019
Africa Investment Exchange: Gas
RSA House, London
Cameroon, Equatorial Guinea, Tanzania, Algeria, Egypt, Morocco, Angola, Mozambique, Namibia, South Africa, Côte d’Ivoire, Ghana, Nigeria, Senegal
1
01 April 2019 to 05 April 2019
LNG 2019
ICBC Shanghai World Expo Exhibition & Convention Center (SWEECC)
0
