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Scottish engineering contractor Motherwell Bridge has announced a $22m contract with Liberian Petroleum Refining Company for the building and refurbishment of oil storage tanks
ANGOLA: Top crude supplier to China; LIBERIA/NIGERIA: Crude supply deal
Buchanan Renewables Fuel and two new Swedish co-investors are setting up a scheme to convert old rubber trees to woodchip for fuel to fire a 36MW power plant in Monrovia, as well as for export, writes Kevin Godier
The International Finance Corporation’s IFC Asset Management Company has announced the first investment by the IFC African, Latin American and Caribbean (Alac) Fund, committing up to $35m in equity to support the modernisation and expansion of HeidelbergCement in West Africa.
An international call for expressions of interest (EoIs) has been issued for work to prepare for the Mount Coffee Hydropower Plant project
Pushing for more HCB electricity; Power grid for irrigation; Power prices rise; Solar power for Lofa police; Nexans cable links Pemba to mainland
Vancouver-based Simba Energy has completed an oil seep survey on its onshore reconnaissance licence and is applying to convert the licence into a production-sharing contract (AE 164/15).
Canada’s Manitoba Hydro International (MHI) has won a five-year management contract to help rebuild Monrovia’s war-shattered electricity services and connect at least 30,000 new customers in the capital.
After a difficult period of collapsing financing and often disappointing results, African biofuels investors believe markets are set to improve so they can launch new export and domestic fuel and power projects, write François Misser and Jon Marks
DANA GAS: New find as Egypt output tops 40,000 boe/d; KNOWLEDGE KATTI: Namibian consolidation; RANGE RESOURCES: Rights issue; FRANK TIMIS: Listings planned despite AIM ‘witch hunt’
Upstream E&P has escaped the worst of the global downturn, and buoyed up by the excitement over Ghana and Uganda, plus several gas developments, more activity is expected in 2010, writes Thalia Griffiths
The excitement over West Africa’s Transform Margin reflects the play’s potential to deliver oil finds in countries that have hitherto been of marginal interest at best (AE 174/1).
Gulf Of Guinea Commission meeting; China Development Bank opens Egypt office; Liberia EITI compliant; Botswana ONDD downgrade
Following the success of the Venus B-1 well, Anadarko Petroleum Corporation plans to drill at least one more well early next year, to be followed by an appraisal programme in 2011 if the exploration is successful (AE 171/1).
As the battle for previously unfashionable West African assets heats up, Ghana National Petroleum Corporation (GNPC) is talking to potential suitors for Kosmos Energy’s 23.5% stake in the Jubilee field. Kosmos says it has a binding agreement with ExxonMobil, but GNPC says it has a right of first refusal over the deal.
