Featured
Issue 405 -
Libya’s NOC defies uncertainty with bold investment plan
National Oil Corporation (NOC) chairman Mustafa Sanalla has unveiled a $60bn five-year investment plan to increase crude oil production from 1.25m b/d now to 2.1m b/d by 2024 and gas output to 3.5 bcf/d. Speaking at the Libyan British Business Council in Tunis on 26 November, he...
Issue 405 -
Libya
Issue 405 -
Majors to the rescue as Algerian policy remains in ferment
Major IOCs have underlined their business-as-usual approach in Algeria as both Italy’s Edison and France’s Engie announced on 19 November that they were renewing their strategically important long-term gas contracts. They join Italy’s Enel and Eni, Portugal’s Galp Energia,...
Issue 405 -
Algeria
Issue 405 -
Nigeria: Savannah completes Seven acquisition
AIM-listed Savannah Petroleum has finally completed the acquisition of Seven Energy’s assets, with the appointment of administrators to Seven Energy International Limited. The complex transaction, first announced in July 2017, involves the acquisition by Savannah of Seven Energy...
Issue 405 -
Nigeria
Issue 405 -
South Africa: JDA signed for gas imports
Total, South Africa’s Gigajoule Group and Matola Gas Company (MGC) signed a joint development agreement (JDA) on 27 November for a project to import LNG to Matola port to supply local and regional markets.The project involves a permanently moored floating storage and...
Issue 405 -
South Africa
Issue 405 -
Egypt: US support for EMG pipeline
The US International Development Finance Corporation has agreed to provide $430m in insurance for Noble Energy’s project to restore the 90km East Mediterranean Gas (EMG) pipeline to transport gas from fields offshore Israel. The agreement was signed on 23 November at the...
Issue 405 -
Egypt
Issue 405 -
Mozambique: AfDB funding for LNG scheme
The African Development Bank (AfDB) board on 26 November approved a long-term senior loan of $400m to support the Total-led Mozambique LNG project, which will monetise gas from Offshore Area 1. The AfDB said it was joining a global syndicate of commercial banks, development...
Issue 405 -
Mozambique
Issue 404 -
Petroleum bill set for release as South Africa government mulls gas options
Minister of mineral and energy resources Gwede Mantashe said on 7 November the new draft Petroleum Amendment Bill, which is currently before cabinet, would be released for public comment within the next three weeks. The bill was drawn up following criticism of the previous...
Issue 404 -
South Africa
Consultancy
Events
10 December 2019 to 12 December 2019
DRC Power, Oil & Gas
Kempinski Hotel Fleuve Congo
DR Congo
0
22 April 2020 to 23 April 2020
Mozambique Mining, Oil & Gas and Energy Conference and Exhibition
Joaquim Chissano Conference Centre, Maputo, Mozambique
Mozambique
0
