Angola has not given up plans to launch the licensing round put on hold since 2008 as first elections, then the global economic crisis, delayed plans to offer open acreage to investors
Houston-based Doris has won the pre-front-end engineering and design contract for the Chevron-operated Lucapa field development in offshore Block 14
Vanoil contracts BGP for seismic; Newcomer in Karoo Basin; Maersk to decide next year on Chissonga
The first phase of the Gove dam (also known as Ngove) is due to start operating in Q1 2011, generating an initial MW20 of electricity, the Angop news agency
CITYVIEW: Share suspension; SONATRACH: Cherouati opens his account; TULLOW OIL: New deep-water licence in Suriname
An impressive number of power schemes are planned to exploit the country’s huge hydroelectric capacity, but they need an integrated national grid to run through, writes Jon Marks, recently in Luanda
ANGOLA: Amec wins Cabgoc contract; EGYPT: GDF Suez takes Ashrafi stake; EGYPT: KEC find; EQUATORIAL GUINEA: Mustang wins Belinda FEED; EQUATORIAL GUINEA: Afex signs; KENYA: CNOOC finds gas with onshore well; LIBYA: Medco findl ERHC ENERGY: Ntephe confirmed as chief executive
Final contracts have yet to be awarded, but national oil company Sociedade Nacional de Combustíveis de Angola (Sonangol) has moved to reaffirm Luanda’s commitment to raising levels of local content – and show who has control of the Angolan industry – by rejecting operator Total E&P Angola’s recommendations for contractors to build the giant Clov project’s infrastructure.
Regular brownouts in the capital and a more precarious position still in many provinces are driving the authorities towards an ambitious generation development programme
More transparent, investor-friendly procedures are promised to attract investors to key sectors like electricity, but high transaction costs and burdensome bureaucracy remain a challenge
ANGOLA: Cabinda service contract for M-I SWACO; CAMEROON: Polarcus starts seismic survey for Noble; REPUBLIC OF CONGO: Eni extends; DR CONGO: SOCO signs up Caroil rig; KENYA: Global, Dana and Woodside settle dispute; KENYA: Magadi seismic tender
AfDB Governors recommend 200% capital increase and New Clean Energy bonds; Regideso debt; Pride bribery allegations
ALGERIA: Sonatrach makes two Illizi finds; ALGERIA: Petroceltic raises $120m in share placing; ANGOLA: Sinopec buys overseas upstream assets; EGYPT: Aegean Energy widens horizons; NAMIBIA: Block 1711 extension; NIGER: CNPC to drill again; TUNISIA: Two new licences for Shell; UGANDA: Dominion to drill in June
Operator Eni has announced two discoveries in Block 15/06, while Total has announced a find on Block 17/06.
Interest in West African hydrocarbons has focused primarily on offshore plays in recent years.
African Energy is a brand of
©Copyright 2022 African Energy
4 Bank Buildings
T: +44 (0)1424 721667