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Issue 405
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Regional: Energy Access Booster 2020 applications

ENEA Consulting, along with Total, Acumen and Sustainable Energy for All, have opened applications for the Energy Access Booster 2020. Through this initiative, selected start-ups working with clean cooking or small-scale waste-to-energy can receive up to $50,000, along with...

Africa
Issue 405
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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...

Nigeria
Issue 405
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Nigeria: Lukoil to develop Fortuna gas field

The Ministry of Mines and Hydrocarbons has announced nine block awards from the country’s 2019 licensing round. Russia’s Lukoil will develop the Fortuna field on Block EG-27 (formerly Block R), while Nigeria’s WalterSmith and Hong Kong-registered Hawtai Energy won Block EG-23...

Nigeria
Issue 405
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Nigeria: NNPC pledges no Christmas fuel shortages

Nigerian National Petroleum Corporation (NNPC) group managing director Mele Kolo Kyari has promised that the country has sufficient fuel stocks for the Christmas and New Year holiday season.After Nigeria suffered December fuel shortages in both 2017 and 2018, the presidency...

Nigeria
Issue 405
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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...

Mozambique
Issue 405
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Wind contracts point to Moroccan progress but there is more to do

Office National de l’Electricité et de l’Eau Potable (ONEE) and the Moroccan Agency for Sustainable Energy (Masen) signed contracts with the Nareva Holding/Enel Green Power developer group on 19 November to build the long-awaited 300MW Boujdour wind farm. While Masen is...

Morocco
Issue 405
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Mali: Wärtsilä energy storage system for Fekola mine

Wärtsilä has been awarded a contract to design and engineer a 17MW/15MWh energy storage system for B2Gold’s Fekola mine. Germany’s Suntrace GmbH and BayWa r.e. GmbH completed a preliminary study this year and are providing technical support to the project, which is due for...

Mali
Issue 405
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Mali: Resolute turns to Aggreko for hybrid solution

Australian gold miner Resolute Mining has signed a heads of terms agreement with Aggreko for the development of a 60MW hybrid solar PV and thermal modular power station to supply the company’s Syama Gold Mine in southern Mali. Aggreko will fund and operate the plant, which...

Mali
Issue 405
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External factors raise stakes in Libya’s proxy war

The meeting of the Libyan British Business Council in Tunis at which National Oil Corporation (NOC) chairman Mustafa Sanalla set out ambitious plans to increase crude production was also notable for an altercation with Central Bank of Libya governor Sadiq Al-Kebir. Speaking...

North Africa

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