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Issue 401
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Eni pursues Congo ambitions

An announcement from Eni saying chief executive Claudio Descalzi met Democratic Republic of Congo (DRC) President Félix Tshisekedi on 13 September in Kinshasa gave little away, saying only that they discussed forest conservation initiatives and Descalzi outlined prospects for...

Central Africa
Issue 401
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Zimbabwe: Power tariffs rise again

The government has approved a domestic electricity price rise of more than 200% from 3 October, raising tariffs to about US$0.12/kWh from approximately US$0.02/kWh. Following the rise, the second since August, domestic users will pay Z$0.41 for the first 50kWh and Z$0.91 for...

Zimbabwe
Issue 401
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Carlyle backs new Heavey venture

Tullow Oil veterans Aidan Heavey and Tom Hickey have won backing from The Carlyle Group for a new company targeting acquisitions of up to $1bn, focusing on oil and gas assets across sub-Saharan Africa. Carlyle Group said on 1 October that Boru Energy would aim to assemble a...

Africa
Issue 401
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Maurel & Prom: New CEO

Maurel & Prom has named former Total executive Olivier de Langavant to replace Michel Hochard as chief executive. De Langavant, a former managing director of Total E&P Angola who was most recently a member of the Total Group Management Committee, takes over with...

Africa
Issue 401
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Madagascar: Shareholders’ accord signed for Volobe hydro project

Africa50, Colas, Jovena and SN Power have signed a shareholders’ agreement for the co-development of the 120MW Volobe hydropower project on the Ivondro River. The agreement signed on 4 October sees the four partners take equity stakes in project developer Compagnie Générale d...

Madagascar
Issue 401
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Industry: Climate activists protest at oil dinner

Greenpeace activists gatecrashed the annual Oil & Money Conference dinner at London’s Grosvenor Hotel on 8 October to protest at IOCs’ role in climate change. The activists unfurled a banner reading “BP and Shell Climate Criminals” at the event, hosted by Energy...

Africa
Issue 401
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Ghana: Springfield spuds Afina well

Ghanaian independent Springfield Exploration and Production Limited spudded the Afina-1X well on West Cape Three Points Block 2 on 7 October using the Stena Forth drillship. The well will test Cenomanian potential on a similar play fairway to resources discovered by Eni to...

Ghana
Issue 401
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Gambia: Feasibility study sought for 150MW solar park

The West African Power Pool secretariat in partnership with the government of The Gambia has invited expressions of interest by 28 October from consultants to undertake a feasibility study for a solar PV park with a total indicative capacity of 150MW with battery storage. The...

Gambia
Issue 401
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Gambia: FAR, Petronas increase stakes

Australia’s FAR and Malaysia’s Petronas have increased their stakes in blocks A2 and A5 following the liquidation of Erin Energy. FAR said on 1 October the government had issued new licences with updated terms, giving each company 50% in the licence. Terms include signature...

Gambia

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