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Issue 191 - 24 July 2010

Ophir takes on Block 2102

Subscriber

Ophir Energy has agreed with unlisted Madagascar specialist Wilton Petroleum Ltd to take over an 80% interest and operatorship of the onshore Marovoay Block 2102

Madagascar
Subscriber

London Stock Exchange-listed Afren has agreed to buy Black Marlin Energy for around $101m in an all-share deal. The deal gives Afren a strategic entry into East Africa with an exploration portfolio in Ethiopia, Kenya, Madagascar

Kenya | Seychelles | Madagascar | Ethiopia
Issue 181 - 26 February 2010

Delayed licensing due in Q4

Subscriber

Madagascar plans to launch its delayed licensing round this year, probably in October, while ExxonMobil’s much-anticipated deep-water well remains on hold because of the country’s political upheavals, not least because the United States does not recognise the government of Andry Rajoelina, who came to power with military backing in March 2009 (AE 174/21).

Madagascar
Subscriber

MADAGASCAR: Shaanxi Yanchang joint venture; TANZANIA: Likonde drilling; NIGERIA: ONGC investmentl; AFREN: Nigeria discovery raises reserves estimates; OANDO: Rights issue

Nigeria | Madagascar | Tanzania
Issue 174 - 13 November 2009

Reprocessing deal ahead of 2010 bid round

Subscriber

Norway’s Spectrum has signed an agreement with the state Office des Mines Nationales et des Industries Stratégiques (Omnis) to reprocess 6,000 line km of seismic data. The surveys include data offshore the west, south, and east coasts, and are located over the Morondava and Majunga basins, Cap Sainte-Marie and Ile Sainte-Marie.

Madagascar
Subscriber

ALGERIA/MOROCCO: 1,000MW, 400kV interconnection; BURUNDI: Spare parts contract; EGYPT: World Bank lines up Giza North CCGT financing; EGYPT: Nuclear power plant purchase; LIBYA: Gecol asks Hyundai to build Tripoli West; MADAGASCAR: Rural electrification equipment tender; SUDAN: Khartoum wants nuclear ‘training’ reactor

Egypt | Sudan | Madagascar | Libya | Algeria | Morocco | Burundi
Subscriber

Equipment sought for mini hydro project; Zizabona project tender; : Consultant sought for wind farm project; Coal ambitions scaled down; Micro HEP approved, bigger project could follow; New AFESD funds for Ghannouch plant; Consultants sought for renewables projects

Namibia | Nigeria | Madagascar | Uganda | eSwatini (Swaziland) | Tunisia
Subscriber

Sterling Energy has announced plans to raise £62.5m ($103m) through a discounted share placing and says it is no longer in takeover talks.

Madagascar
Subscriber

Dismissed for years as a gas play at best, East Africa is now seeing a brisk pace of activity despite the debt woes besetting some of the region’s smaller pioneers

Kenya | Somalia | Sudan | Madagascar | Uganda | Ethiopia | Tanzania
Free

Having emerged to some fanfare as a new E&P frontier in 2005-08, Madagascar has offered a much gloomier prospect this year.

Madagascar
Subscriber

ANGOLA: Pipelines contract for LNG plant; ANGOLA: Technip to expand Angoflex; GHANA/CAMEROON: USTDA study; MADAGASCAR: Enermad farms out to Niko Resources; MOROCCO: Canamens takes Essaouira blocks; NAMIBIA: Key pulls out; SIERRA LEONE: Elixir takes over after Prontinal fails to pay; UGANDA: Tower farms out Area 5; UGANDA: Heritage spuds Giraffe

Ghana | Cameroon | Angola | Namibia | Sierra Leone | Madagascar | Uganda | Morocco
Issue 152 - 12 December 2008

Madagascar farm out before costly well

Subscriber

With ExxonMobil looking for a rig to drill on its Ampasindava permit’s Sifaka prospect in H2 2009, the US giant’s 30% partner Sterling Energy is set to farm out part of its stake and thus reduce its share of the huge costs implied by working in the Madagascar offshore (AE 127/16). Industry sources put the well’s cost at some $180m-200m, which is likely to comfortably exceed Sterling’s remaining carry.

Madagascar
Subscriber

DR Congo infrastructure mission; CAMCE to build Betsiboka hydropower plant: Zapatero government to finance PV installation; Sokoto State plans IPP

DR Congo | Nigeria | Madagascar | Morocco
Subscriber

In Salah substations; OMVS seeks studies of hydropower projects; Sahanivotry HEP start-up; USTDA grant for waste-to-energy; Wind farm tender, AfDB considers funding for Buseruka HEP

Mauritius | Madagascar | Uganda | Guinea | Algeria | Mali
Issue 148 - 18 October 2008

Tsimiroro reserves expanded

Subscriber

Houston-based Madagascar Oil – which recently won a farm-in from Total on the Bemolanga oil sands accumulation (AE 146/17) – has increased its resource estimates for the Tsimiroro heavy oil field to up to 1.3bn barrels of oil in place, based on its 2008 drilling programme.

Madagascar