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Balanced on a financial tight-rope, the Egyptian government is still securing investment commitments for its green energy transition and has brought forward its renewables target by five years. London-based European Bank for Reconstruction and Development (EBRD) is financing the first part of a $2bn programme of transmission upgrades and has named the first gas-fired generator to be shut under the scheme, while Maersk’s new C2X green methanol venture has picked Egypt for its first deal.
Macky Sall has installed trusted ally Antoine Félix Abdoulaye Diome as oil and energy minister in a move said to be designed to extend outgoing president’s influence over the sector even after he leaves office, writes Waly Dione Faye.
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) will hold public hearings in late October and early November to gauge reaction to a series of proposed changes to electricity sector regulations set out by the government earlier this year.
African liquified natural gas (LNG) projects will emerge as a major investment theme, consultancy WoodMackenzie has predicted, but the oil sector is likely to struggle to offset declines at maturing assets.
State utility NamPower has issued a procurement notice for renewable energy consultancy services, under the Namibia Renewable Energy Scale Up Support Project (NRESUSP). The work is divided into two parts.
The Zungeru hydroelectric power plant has been commissioned, adding some 10% to Nigeria’s on-grid capacity. However, dispatching Zungeru’s full capacity will depend on the patchy transmission network.
An FPSO vessel under construction at Malaysia’s Yinson Production yard is thought to be the first of its type to be fitted with a post-combustion carbon capture unit. It will be used on the Agogo field in Angola by BP/Eni joint venture Azule Energy .
Zanzibar Electricity Corporation (ZEC) has requested bids for two sets of turnkey design, supply and installation works on Unguja island, as part of the Zanzibar Energy Sector Transformation and Access Project (Zesta).
The launch of a 23-block oil and gas licensing round by EGPC and Ganope demonstrates the Ministry of Petroleum’s two parallel priorities: the need to attract investment to established hydrocarbons basins in the Western Desert and Gulf of Suez, while also developing new resource plays in the unexplored southern desert and Red Sea zones.
Perenco Oil & Gas has announced the start of production from the Hylia South West oil discovery, offshore Gabon. Output is averaging 3,000 b/d, the Paris-based company said.
Norwegian independent PetroNor is growing its footprint in Nigeria with an increased interest in the Aje field, although analysts expressed concern over the valuation of its equity increase.
Oslo Børs-listed PetroNor E&P’s has announced an update of its Republic of Congo operations, which focus on the PNGF Sud field complex, where Q3 23 net to PetroNor production was 5,118 b/d, compared up from 4,130 b/d in Q3 22.
AOC has made further changes to its senior team, as it looks for partners to share the costs of developing offshore blocks EG-18 and EG-31, which the Canadian-headquartered junior acquired earlier this year. Meanwhile oil majors continue to divest from Equatorial Guinea.
Independent power producer (IPP) Tatanga Energy is to develop nine solar mini-grids at schools and hospitals in eastern Zimbabwe for the Anglican Diocese of Manicaland.
A Dubai-based company backed by a well-connected but relatively low-profile member of Dubai’s ruling Al-Maktoum family has been signing deals across Africa to generate carbon credits – generating some controversy in the process.
