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SOCO International is preparing to drill up to three offshore exploration wells, with the first well expected to spud in early September.

The latest development in the campaign to get Ghana and its oil industry partners to disclose details of their contracts illustrates just how haphazard the process can be. As a part of the Initial Public Offering (IPO) filing by Kosmos Energy with the US Securities and Exchange Commission (SEC), all of the petroleum agreements related to the Jubilee field are now available at the SEC website

The government has issued a licence for oil and gas exploration on Block 31 to South African company Rapid African Energy.

For an industry in which the need for large-scale investments often means developments take years, if not decades, to come to fruition, things can move remarkably quickly in the world of natural gas exports.

Water and power utility Régie de Production et de Distribution d’Eau et d’Electricité (Regideso) has extended the deadline for bids to rehabilitate the 18MW Rwegura and 1.44MW Nyemanga hydro plants to 16 May.

Continued fighting in Côte d’Ivoire’s main city underlines that, despite the dramatic capture of former president Laurent Gbagbo, the conflict is far from over. Some 16 years after he was excluded from the 1995 election, Alassane Ouattara finally gets to be president, but in the worst possible circumstances.

Bermuda-registered East Africa player Dominion Petroleum has taken a 60% operating stake in offshore

Egyptian media have stepped up their campaign against the long-term sales contracts to supply natural gas to Israel through the East Mediterranean Gas Company (EMG),

Fuel pricing will be reviewed as the company sues government over the cancellation of a fuel supply contract, writes Our Windhoek Correspondent. Glencore Energy has made good on its legal threats and sued the Mines and Energy Ministry to re-instate its contract to provide half of the country’s estimated 750,000 t/yr liquid fuel requirements (AE 197/20).

Since the anti-Qadhafi rebellion sparked off in mid-February, it has been hard to tell what oil is being exported from Libya and under what circumstances. The most recent estimate from the International Energy Agency is that exports have halted, writes John Hamilton. About two-thirds of Libyan oil is produced by joint ventures between National Oil Corporation (NOC) and international partners. Some of the oil being loaded from ports

Leading EastAfrica player Africa Oil Corporation has signed a letter of intent to buy Lion Energy Corporation, its partner in Kenya and the breakaway Somali republic of Puntland. The companies will now negotiate a full agreement for Africa Oil to acquire Lion through a scheme of arrangement. Lion isAfrica Oil’s last remaining co-venturer in Kenya Block 9, following the withdrawal of the block’s Asian partners, and has 10% in Block 10BB, alongsideAfrica Oil and Tullow.It also has 15% in the Dharoor Valley and Nugaal Valley licences in Puntland.

Coming in Muammar Qadhafi’s wake, politicians from the east will have new influence, but despite fears that a regionalised conflict might emerge from the ashes of Qadhafi’s Jamahiriya (State of the Masses) the last few tumultuous weeks have shown they can work with Tripolitanians and other communities.

While North Africa’s popular revolutions focus the world’s attention on too long silent majorities’ demands for a political voice and good governance, conflicts and crises that beset many sub-Saharan polities fester away from the global media’s prying eyes. Chronically unstable these regions might be, but investors keen to book new oil reserves and other resources often overlook political realities, adding to a volatile mix

State utility company Office National de l’Electricité has lined up a E50m ($67.6m) buyer credit to support the construction of a 72MW power plant in the Agadir region to be built by Man Diesel & Turbo.

The Ministry of Mines, Industry and Energy has finalised a contract with KBR to provide a conceptual study and associated project management services for the development of a low complexity, modular 20,000 b/d refinery at Mbini.