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Gulfsands Petroleum has opted not to extend the Chorbane production-sharing contract, which was due to expire on 1 July. An initial two-year extension was granted in 2015, but the terms were disputed with Entreprise Tunisienne d’Activités Pétrolières. Gulfsands said that since its strategy realignment in 2015, Tunisia does not fit its stated strategy, so continuing involvement depended on finding a partner that could help the company take the Chorbane project forward.

Tunisia
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Developer TuNur, which has not abandoned efforts to generate solar energy for export to Europe, in late July applied to the Ministry of Energy and Mines for authorisation to build an eventual 4.5GW concentrated solar power (CSP) plant near Rjim Maatoug in the south-western Kebili governorate, to be linked to undersea grid connections to cross the Mediterranean. The application will have to overcome resistance within Tunisia that has stalled previous efforts, including state utility Société Tunisienne de l’Electricité et du Gaz’s opposition to electricity exports.

Tunisia
Issue 352 - 11 August 2017

Tunisia: OMV sells Ashtart to Perenco

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Austria’s OMV has completed the sale to Perenco of its 50% stake in the Ashtart oil field in the Gulf of Gabes and in the Serept operating company. The value of the transaction was not disclosed, but OMV’s average net production from Ashtart was 3,000 boe/d in 2016. The remaining 50% stake in both Ashtart and Serept continues to be held by Entreprise Tunisienne d’Activités Pétrolières.

Tunisia
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German development bank KfW has committed €12.5m ($13.7m) of financing to support state utility Société Tunisienne de l’Electricité et du Gaz (Steg)’s 10MW solar project at Tozeur, in the south, to be developed by Italy’s TerniEnergia. Another €1.5m is to be provided to Steg by the European Union, from its infrastructure support fund, the Neighbourhood Investment Facility. The KfW facility comprises a €12m low-interest loan to fund construction and €500,000 for other services. Total project cost is now put at €16m.

Tunisia
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The Lagos-based Africa Finance Corporation (AFC) has announced a $28m subordinated loan facility for the development of the Helm oil project on Tunisian exploration and production company Topic SA’s Halk El Menzel offshore block. The subordinated loan note has a 30-month tenor and will ensure the long-mooted project reaches first oil production by January 2018.The Helm project is a low-cost development of a marginal field covering an offshore area of 570km2 in the Gulf of Hammamet in northern Tunisia.

Tunisia
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Société Tunisienne de l’Electricité et du Gaz (Steg) has commissioned a new gas-fired combined-cycle power station at Radès to complement the three existing plants at the site. Yokohama-based Mitsubishi Hitachi Power Systems (MHPS) and Tokyo-based Sumitomo Corporation will build the plant – probably to be known as Radès C – which will be financed with a Japanese government loan.MHPS and Sumitomo signed an engineering, procurement and construction contract with Steg to build the 450MW plant on 20 June.

Tunisia
Subscriber

Minister of energy, mines and renewable energy Hela Cheikhrouhou has launched the first phase of a three-phase independent power producer programme for renewables. Companies have been invited to submit proposals for wind and solar projects amounting to a maximum of 210MW capacity by November this year and August next year. Subsequent phases will involve concessions for larger plants, which will be awarded by competitive tender, and the licensing of pure private sector schemes.

Tunisia
Subscriber

A wave of strikes at industrial facilities across the south has sent gas and other production plummeting – gas output fell to below 200mcf/d in March, and almost certainly further since then – and has led President Béji Caïd Essebsi to send in troops. The incidents confirm the extent that strikes, sit-ins and other protests continue to affect production and project implementation, six years after the Arab Spring.

Tunisia
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Italy’s TerniEnergia has signed a $12.5m deal to build a 10MW solar photovoltaic (PV) plant near Tozeur on behalf of Société Tunisienne de l’Electricité et du Gaz (Steg). On 23 March, the company said this was the first plant to go ahead under the state utility’s 380MW share of the Tunisia Solar Plan. Construction will start at the end of March and will be completed in 12 months.

Tunisia
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Société Tunisienne de l’Electricité et du Gaz (Steg) has postponed the bidding deadline for a tender for a gas-fired power plant at Mornaguia in the northern governorate of Manouba, near Tunis (AE 338/9). Technical and financial bids are now due by 15 March instead of 8 March. There will be a public bid opening at Steg headquarters at 9.30am on 15 March.

Tunisia
Subscriber

As Tunisia’s new administration beds in, Entreprise Tunisienne d’Activités Pétrolières (Etap) is looking beyond its traditional status as an under-resourced department of government to take a more hands-on role in oil and gas development, underpinned by revisions to the hydrocarbons code that are calculated to stimulate an upsurge in foreign investment. The revised law is scheduled for National Assembly approval later this year, and officials are confident the amendments will pass following two years of work to overcome resistance from parliament and civil society activists.

Tunisia
Issue 339 - 02 February 2017

Mazarine uses Tunisia as a springboard

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The traditional flow of smaller international oil companies (IOCs), many listed on junior markets, that for many years typified the Tunisian upstream has slowed in recent years. Among the few recent success stories has been Dutch-registered Mazarine Energy, which is looking to develop oil and gas finds on the Zaafrane permit in central Tunisia, which it operates with state Entreprise Tunisienne d’Activités Pétrolières (Etap) and local private company Medex as partners (AE 300/16). According to executive chairman and founder Edward van Kersbergen, Mazarine and Etap have now advanced plans to develop their first discovery, as a precursor to developing a cluster of fields.

Tunisia
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Société Tunisienne de l’Electricité et du Gaz (Steg) has launched an international tender for the construction of a gas-fired power plant in Mornaguia in the northern governorate of Manouba, near Tunis. Bids for the project, which should comprise two industrial turbines with a gross capacity totalling 550-660MW at ISO baseload conditions, are due by 8 March. The power plant should be commissioned before the summer of 2020, according to the tender notice issued on 16 January. Steg seeks to sign a separate maintenance contract at the same time for 12 years from the expiry of the guarantee period of the equipment and infrastructure.

Tunisia
Subscriber

The promise of generous social and economic assistance from the Tunisian government to the local community on Kerkennah Island in the Gulf of Gabès may not be enough to dissuade Petrofac from withdrawing from its gas production concession there. The UK-based company threatened to leave in September following eight months of protests and blockades which have severely interrupted its operations. Its threat prompted the government to offer a package of investments, which was accepted by local unions but not, it seems, by Petrofac.

Tunisia
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The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank will provide sovereign-guaranteed loans of up to €46.5m ($49.9m) each to Société Tunisienne de l’Electricité et du Gaz under agreements signed in late November. The financing will be used to reinforce and expand the electricity transmission grid in the north-east of the country to enhance its efficiency and reliability and prepare the grid for additional generation capacity including renewables, as well as possible future regional interconnections, the EBRD announced in a press release on 29 November.

Tunisia