Search results

Chevron has given Subsea 7 a $600m contract for subsea facilities for the Lianzi field, in a unitised offshore zone between the Republic of Congo and Angola.

President José Eduardo dos Santos and his Movimento Popular de Libertação de Angola (MPLA) party mobilised the apparel of state (along with Brazilian election experts and a massive birthday bash for the 70-year-old leader) to secure a landslide in the 31 August general election. The MPLA may not win as much as the 82% it won in 2008, but it will have gained enough votes to legitimise dos Santos’ 33-year rule – at least in the eyes of Angolan power-brokers – and open the way for peaceful political transition.

Chevron has given the go-ahead for development of the Lianzi field following agreement on a unitised offshore zone between the Republic of Congo and Angola.

Cobalt International Energy has successfully appraised the Cameia-1 pre-salt discovery on Block 21/09. The well was drilled 3.5km south of Cameia-1 to a total depth of 5,475 metres.

ExxonMobil has announced the start of production from the Kizomba Satellites Phase 1 project on Block 15

Hyperdynamics said on 21 June that its SCS Corporation subsidiary had filed a suit in the High Court in London claiming against AGR Well Management Limited following unsuccessful negotiations to address cost overruns associated with the Sabu-1 well offshore Guinea.

With oil and gas production generating huge revenues, Angola is relaxed about the next phase of its hydrocarbons development, which will take companies deeper into the offshore pre-salt. Petroleum minister Vasconcelos envisages crude output rising to well over 2m b/d, alongside new efforts to secure gas reserves for the nascent LNG export industry, write John Hamilton and Jon Marks

Petroleum minister José Maria Botelho de Vasconcelos told African Energy it was too early to assess what further gas developments, including gas-to-power projects, might be possible in Angola following the inauguration of the Angola Liquefied Natural Gas (ALNG) plant.

ANGOLA: End-August election date; EQUATORIAL GUINEA: Nguema Lima promoted; TUNISIA: Ennahda-led government to implement EITI

Shares in temporary power solutions company APR Energy continue to trade at more than 25% below their March peak, although the London Stock Exchange (LSE)-listed firm has released some positive figures and deal flow data.

ANGOLA: GE service agreement for Angola LNG; CAMEROON: Pipeline progress; MOROCCO: Benkirane grasps the fuel subsidy nettle

The slow pace of improvement to power infrastructure is showing signs of picking up following the sacking of energy and water minister Emmanuela Vieira Lopes in December; he was replaced by João Baptista Borges for failing to deliver promised improvements to the sector

Long a major oil producer, Angola is increasingly looking to gas, with the start-up of the Soyo liquefaction plant enabling the state to monetise a potentially lucrative commodity that was previously flared

A memorandum of understanding has been signed by the Zambia Development Agency (ZDA) and a Zambian company called Basali Ba Liseli Resources (BBLR) for a $2.5bn pipeline which would take refined products from Angola to Zambia but the Energy Ministry is less enthusiastic.

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