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PGS has completed acquisition of 12,256km of 2D seismic data in the Juan de Nova and Belo Profond permits in the Mozambique Channel for Nigeria’s South Atlantic Petroleum (SAPetro).

Anadarko Petroleum Corporation and Eni have made two huge natural gas discoveries in quick succession in the burgeoning Rovuma Basin play, adding possibly as much as 55tcf to total reserves of gas in place across Area 1 and Area 4.

Royal Dutch Shell made a recommended 220p/share bid for Cove Energy on 24 April, valuing the company at £1.12bn ($1.8bn). Shell indicated in February that it was considering a bid at 195p/share, but the eventual price matches a counter-bid by Thailand’s PTT Exploration & Production (AE 226/15).

Aker Solutions Singapore Pte has signed a two-year frame agreement with Badr El Din Petroleum Company (Bapetco) to be the sole supplier for its surface wellhead equipment, installation and lifecycle services operations in the Western Desert; Houston-based Hyperdynamics Corporation on 18 April announced it had engaged BofA Merrill Lynch as financial adviser to assist with the potential sale of a portion of its 77% interest in its 25,000km2 exploration concession offshore Guinea; French major Total on 12 April announced that it had decided not to proceed with an offer for London AIM-listed Wessex Exploration

The Portuguese government has finally reached a deal to sell its remaining 15% stake in the Cahora Bassa hydroelectric dam on the Zambezi River

Further discoveries continue to stimulate excitement about gas finds in the Mozambique offshore

Australian Stock Exchange-listed African Energy Resources (AER) demonstrated the viability of transporting coal by rail from its Sese coal and power project to the east coast in early April; The government on 12 April signed an agreement to take a 5% stake in the Moatize coal project being developed by Brazil’s Vale

The issuing of Bahari Resources’ exploration licence in March followed the signing in February of an agreement between the Comoros, Seychelles and Tanzanian governments to delimit their maritime borders. A similar agreement was concluded in December between the Comoros, Mozambique and Tanzania. These accords “take the headache away”, said chief executive Peter Wakeling

CIC Energy Corporation on 27 March announced it had completed a private placement with Vitol Energy (Bermuda), raising C$10m, giving Vitol 9.1% of CIC’s issued common shares; Eskom Holdings has invited bids by 1 May for the design, supply and installation of its much-anticipated 100MW Central Receiver Concentrating Solar Power Plant at Upington; The City of Johannesburg plans to spend over R100bn ($13.2bn) in the next decade on economic and social infrastructure; In a 23 March statement to the Johannesburg Stock Exchange, South Africa-incorporated, Namibia-focused Southern Electricity Company (SELCo) reported a loss of R0.0393/share and headline loss of R0.0416/share; Tata Power Company was advised by AZB & Partners (led by Shameek Chaudhuri with Manan Mehta) in creating its new electricity development joint venture, Cennergi, with major South African player Exxaro Resources

With Eni hitting another 10tcf on the Mozambican side of the Rovuma Basin and BG reporting a 4.5tcf find in Tanzania, excitement continues to build about east coast gas plays, driving up share prices and encouraging hedge fund executives to fly into Maputo

Anadarko Petroleum has announced positive results from its first flow test offshore Mozambique

Minnow Cove Energy is at the centre of a bidding war after Royal Dutch Shell’s proposed $1.6bn bid was followed by a counter-offer from Thailand’s PTT. As new finds push up reserves figures for Tanzania and Mozambique, more majors are expected to snap up the small players who pioneered East African exploration, writes Thalia Griffiths

Inundated with requests for supply quota increases from its neighbours, Mozambique is coming under increasing pressure to deliver hydropower to an ever wider number of regional clients

An energy trade mission led by US deputy assistant secretary of state for African affairs William Fitzgerald visited Mozambique, Tanzania, Nigeria and Ghana from 6-17 February

Eni has made a new giant natural gas discovery at the Mamba North 1 prospect in Offshore Area 4 and raised its estimate for total reserves in the Mamba complex to 30tcf