ANGOLA: Big tanker order for DSME; NIGERIA: KBR awarded contract for Eleme plant revamp; TUNISIA: IDB, Steg sign loan for gas supply project
ANGOLA: ONGC in Sonangol venture; EGYPT: Spectraseis completes survey for Shell; EQUATORIAL GUINEA: Gazprom Neft to take two blocks; ETHIOPIA: Dry well for Petronas; MOZAMBIQUE: Anadarko starts offshore drilling
Total was forced to declare force majeure on shipments of Girassol crude from Block 14 after swordfish punctured an oil loading pipe.
The attack on a bus carrying the Togolese football team as it entered Angola’s oil-rich Cabinda enclave from Republic of Congo shocked the Luanda government, and the international community, on the eve of the Africa Cup of Nations (Cocan2010) tournament’s kick-off in Luanda.
ALGERIA: Sonatrach announces five new finds; ANGOLA: CLOV survey contract; DRC/RWANDA: Partners sought for Lake Kivu methane; EGYPT: Technip contract for WDDM; EGYPT: Premier completes NW Gemsa sale; EGYPT: Premier completes NW Gemsa sale; EQUATORIAL GUINEA: Contract extension for Songa Saturn; GHANA: Well confirms southerly extent of Jubilee field ; KENYA: Block L8 3D seismic completed; NIGERIA: Total find on OPL 223
Not for the first time, the availability of financing for African energy players was split in 2009, between commercial banks seeking structured oil deals and power projects largely dependent on official funders, writes Kevin Godier
For long flared or just ignored, gas has emerged as a critical energy source for local use and export as demand has risen across the continent and consumers world-wide have looked to book secure supplies.
ANGOLA: First Subsea contract for PSVM; CAMEROON: Polarcus in seismic survey for Noble/Petronas; GABON: Vaalco extends Etame permit; LIBYA: Hess tests offshore well; MOZAMBIQUE: Anadarko drilling; NAMIBIA: Chariot starts second 3D survey; SENEGAL: FAR extension; SOUTH AFRICA: Companies to explore for shale gas; SUDAN: Three new agreements for CNPC; TUNISIA: PGS to shoot seismic for AuDAX
AFDB: African Infrastructure Investment Fund stake; ANGOLA: IMF approves $1.4bn stand-by; ECOBANK: IFC investment
Gulf Of Guinea Commission meeting; China Development Bank opens Egypt office; Liberia EITI compliant; Botswana ONDD downgrade
ALGERIA: More success for Petroceltic; ANGOLA: Cabinda Onshore drilling; CONGO-B: SOCO announces Viodo appraisal success; NIGERIA: Afren completes appraisal well
EDP: Still mooting Angolan generation investments; MASDAR/MDC: Seychelles wind project
Oil find on Block 17/06; Aseng FPSO contract award; Anadarko starts onshore drilling; Acergy contract for Escravos gas
San Leon-Island merger proposal; Ultra-deep Transocean drillship starts work off Angola
Relations between Angola and Democratic Republic of Congo have deteriorated following the tit-for-tat expulsion of Angolan and Congolese nationals who have, until recent crackdowns, generally been allowed to live in border regions. President José Eduardo dos Santos failed to attend the Southern African Development Community’s Kinshasa summit
African Energy is a brand of
©Copyright 2023 African Energy
4 Bank Buildings
T: +44 (0)1424 721667