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IOCs report renewed optimism over investments in maritime joint development zones following Angola’s deal with Republic of Congo to jointly develop the offshore Lianzi field. But some disputes remain apparently intractable, stopping other joint developments in the area

Angola | Congo Brazzaville
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Zesco on 5 March signed a $163m loan agreement with Sweden’s Nordea Bank AB and Standard Bank of South Africa for a transmission infrastructure project. The project will connect the whole of North-Western Province and parts of Western Province to the national grid, allowing isolated diesel generators to be removed and opening up the possibility of future interconnection with the Angolan grid. Zesco spends more than $6m/yr procuring diesel fuel, Zesco managing director Cyprian Chitundu said at the signing ceremony.

Zambia
Issue 217 - 08 October 2011

GHANA: Minnows close on Tano block

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Petrel Resources and Clontarf Energy say they are close to receiving government approval of a licence for Tano 2A, a 1,532km2 onshore/offshore block close to the Jubilee oil field.

Ghana
Free

Is Libya, with its huge and apparently available upstream potential – not to mention its long pockets following several years of oil price boom – going to break investors’ hearts by embracing the sort of resource nationalism that the more liberal members of Muammar Qadhafi’s regime say the Jamahiriya (State of the Masses) had left behind? Since Colonel Qadhafi said that Libya might nationalise

Libya
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Publication of the final Natural Gas Policy document, which was promised for June, has been held up as parliament concentrates on finalising the 2013/14 budget. “While having previously indicated that the Policy would be published during June, the Ministry of Energy and Minerals is still understood to be finalising approval of the document prior to formal publication,” law firm Clyde & Co said in their monthly energy briefing.

Tanzania
Issue 142 - 05 July 2008

Kosmos Energy scores rig funding

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Kosmos Energy has signed agreements with Atwood Oceanics and Noble Energy to use the moored semi-submersible rig Atwood Hunter for its deep-water drilling programme offshore West Africa

Ghana
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Government efforts to improve the economics of Ethiopia’s electricity supply industry encompass the full sweep of the supply chain, including improving collections, utility unbundling, debt restructuring, private investment in generation, least-cost electrification, capacity building and tariff increases. At the core of the reforms are efforts to improve the financial strength of the utilities and increase sector liquidity. Ethiopian Electric Power Corporation was split in 2013 into Ethiopian Electric Power (EEP), responsible for generation and transmission, and Ethiopian Electric Utility (EEU), responsible for distribution.

Ethiopia
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Norway’s InterOil Exploration & Production has signed an agreement with Iran’s Petropars to sell 10% in the CabindaNorth licence for $7m. The 2,400km2 block is operated by Sonangol P&P and InterOil farmed-in in January 2008, taking21%. The block has existing oil discoveries in the Zila ridge area near the coast and in the Dinge high area. Sonangol has 20%;other partners on the block are SOCO International with 17%, Teikoku Oil Company (17%), Angola Consulting Resources(Acrep) (15%) and Eni Angola (10%).

Angola
Issue 218 - 22 October 2011

SNEL: Management contract tendered again

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The Democratic Republic of Congo government’s Comité de Pilotage de la Réforme des Entreprises Publiques (Copirep) has again tendered for a World Bank Group (WBG)-financed management contract to run troubled parastatal Société Nationale de l’Electricité (Snel).

DR Congo
Issue 150 - 14 November 2008

ERHC in legal action

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ERHC Energy has filed a lawsuit in the Federal High Court in Abuja “to stop any tampering with its rights” in Blocks 5 and 6 of the Nigeria/São Tomé Joint Development Zone (JDZ), following media reports that it had been removed from the blocks.

Nigeria
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Officials in Democratic Republic of Congo (DRC) are making bullish noises about the much-anticipated Inga 3 hydroelectric power project, with the bidding whittled down to two consortia, which officials say are expected to present their final offers by 31 July, for contracts to be signed by year-end. Veteran energy official Bruno Kapandji Kalala – appointed by President Joseph Kabila Kabange to head the Agence pour le Développement et la Promotion du Projet Grand Inga (ADPI-RDC), the unit within the president’s office charged with delivering the Grand Inga project – has set out a roadmap for the project’s implementation and revealed changes to the bidding consortia.

DR Congo
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In the latest step of the long process of moving Nigeria’s energy sector away from erratic gas supply and unenforceable contracts, the World Bank on 22 April approved the first of four partial risk guarantees (PRGs) worth $400m covering gas sales in the country. The PRG was signed alongside a gas supply and aggregation agreement (GSAA) by the World Bank, the Power Holding Company of Nigeria (PHCN, as owner of Egbin power plant), Egbin Power plc, Chevron Nigeria Ltd and Deutsche Bank. Provisions have been made under the agreement for the transfer of guarantees to a new owner of Egbin should the plant be sold, subject to approval by the World Bank.

Nigeria
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The deadline by which preferred bidders from the second round of South Africa’s renewable energy independent power producers (REIPPP) programme must reach financial close has been extended from the end of March to 22-26 April. The delay has been caused by the Department of Energy needing approvals before it can sign agreements, the most important of which is the requirement that the budget for each round is formally approved by the Treasury under the Public Finance Management Act.

South Africa
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The World Bank Group (WBG) on 22 August debarred Slovenia’s Flycom for making corrupt payments in connection with a project in Democratic Republic of Congo. The infrastructure services company was debarred for 18 months from working for the WBG and four other major multilaterals for engaging in corrupt practices linked to the Southern Africa Power Market Project.

DR Congo
Free

Japan’s Toshiba Corporation on 27 August signed a memorandum of understanding (MoU) with the Ministry of Energy and Mineral Development outlining a partnership to develop geothermal power projects and training. Under the agreement signed at the Sixth Tokyo International Conference on African Development in Nairobi on 27-28 August, Toshiba will collaborate in the development and supply of equipment for a geothermal power plant, create operation and management guidelines, and assist with the training of personnel.

Uganda