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Issue 397
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Senegal: Scaling Solar projects close

French utility Engie, asset manager Meridiam and Senegal’s sovereign wealth fund Fonds Souverain d’Investissements Stratégiques (Fonsis) have reached financial close on two solar photovoltaic (PV) projects. The 35MWp Kahone Solaire project in Kaolack region and 25MWp Kael...

Senegal
Issue 397
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Nigeria petrol deals highlight weaknesses

Nigerian National Petroleum Corporation (NNPC) has awarded direct sale-direct purchase (DSDP) contracts to 15 consortia grouping more than 30 energy companies, oil traders and politically well-connected Nigerian partners. The contracts are effectively a swaps arrangement...

Nigeria
Issue 397
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Morocco: Prequalification for Midelt II

Prequalification has begun for the second phase of the giant Midelt solar project, part of the Noor programme managed by the Moroccan Agency for Sustainable Energy (Masen). The Midelt projects employ concentrated solar power (CSP) and solar photovoltaic (PV) technologies to...

Morocco
Issue 397
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Malawi: Nkhotakota solar to close soon

The 40MW Nkhotakota solar photovoltaic (PV) project is “on the cusp” of reaching financial close, Phanes Group chief executive Martin Haupts told African Energy at the Africa Energy Forum in Lisbon. The project was awarded to Phanes Group, responsAbility, and Jakson Engineers...

Malawi
Issue 397
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Kenya: QP farms into Eni Lamu Basin blocks

Qatar Petroleum (QP) has extended its African partnership with Eni and Total by taking 25% in blocks L11A, L11B and L12 in the Lamu Basin. The blocks’ shareholdings will now be Eni 41.25%, Total 33.75% and QP 25%.

Kenya
Issue 397
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Kenya: Google still in talks on Turkana Wind stake

Google says it is still in negotiations with Denmark’s Vestas Wind Systems over buying its 12.5% stake in the Lake Turkana wind farm, which was officially commissioned on 19 July. Google reached agreement in October 2015 with Vestas and Lake Turkana Wind Power Ltd (LTWP), the...

Kenya
Issue 397
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Gridworks: Helen Tarnoy named chair

New transmission and distribution venture Gridworks on 16 July announced the appointment of former Aldwych International managing director Helen Tarnoy as chair of its board of directors. Capitalised by the UK’s CDC, Gridworks was launched in June 2019 with the aim of...

Africa
Issue 397
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Ghana: Deep-water developments

Aker Energy has attracted a $100m investment from Lagos-Based Africa Finance Corporation (AFC) as it prepares to develop the Pecan field on the Deepwater Tano Cape Three Points (DWT/CTP) Block. AFC bought $100m of convertible bond notes with a commitment to participate in...

Ghana
Issue 397
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Gabon: Petronas to drill as bid round extended

Seadrill Partners has secured a one-well contract with Petronas subsidiary PC Gabon Upstream SA for the West Polaris to work offshore Gabon. Work is expected to start in September 2019, running to the end of the year.Petronas operates the Likuale (F14) Block offshore southern...

Gabon

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