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Issue 394 - 13 June 2019

Angola: Bid round offers ten blocks

Angola has announced a licensing round offering nine blocks in the Namibe Basin and Block 10 in the Benguela Basin. The National Agency of Petroleum, Gas and Biofuels (ANPG) will hold a series of roadshows in Houston, London and Dubai in September before the bidding process...

Issue 394 - 13 June 2019

Angola

Issue 394 - 13 June 2019

BBC revives Senegal oil controversy

BP has described as “inaccurate and exaggerated” claims that businessman Frank Timis is set to receive $9bn-$12bn in royalties from the Greater Tortue/Ahmeyim gas project, but a BBC report has revived controversy over the role of Timis and presidential brother Aliou Sall in...

Issue 394 - 13 June 2019

Senegal

Issue 394 - 13 June 2019

Lukoil buys New Age’s Marine XII stake

Russia’s Lukoil has bought New Age (African Global Energy)’s 25% stake in Eni’s Marine XII licence for $800m. New Age and Lukoil are partners in Cameroon, while Lukoil is also a partner with Eni in Kazakhstan, Mexico and elsewhere. The announcement follows a visit to Moscow in...

Issue 394 - 13 June 2019

Central Africa

Issue 394 - 13 June 2019

Mozambique: Saipem-led JV wins main Area 1 LNG plant contract

Anadarko and its partners have given a consortium of Saipem, McDermott International and Chiyoda Corporation an engineering, procurement and construction contract for the Area 1 onshore liquefied natural gas project in northern Mozambique.Saipem said it would lead the CCS joint...

Issue 394 - 13 June 2019

Mozambique

Issue 393 - 30 May 2019

Egypt: Dana Gas drills in East Med Basin

Dana Gas on 20 May began drilling the Merak-1 exploration well targeting up to 4tcf of gas in the Eastern Mediterranean Basin. The well is being drilled by Advantage Drilling Services’ Tungsten Explorer drillship in 755 metres of water in the North El Arish concession (Block 6...

Issue 393 - 30 May 2019

Egypt

Issue 393 - 30 May 2019

Industry focus turns to Namibia after South African discovery

Total and its partners are gearing up to drill the Venus-1 well on Block 2912 in late 2019 or early 2020, hoping for a second discovery to follow the Brulpadda gas condensate find drilled offshore South Africa early this year.“This is a massive submarine fan, it’s the biggest...

Issue 393 - 30 May 2019

Namibia, South Africa

Issue 393 - 30 May 2019

Senegal: CCGT study

The World Bank is seeking expressions of interest (EoIs) from consultants for a feasibility study for a 400MW combined-cycle gas turbine plant. The study will assess the technical viability of installing the plant, including studies relating to sizing and appropriate financing...

Issue 393 - 30 May 2019

Senegal

Consultancy