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Issue 188 - 11 June 2010

Government studies refinery options

Subscriber

The Ugandan government is carrying out a study to determine the best size for a planned refinery to process crude from Lake Albert. The study, due for completion in the next month or so, will consider the regional market, and the type and size of refinery that would make commercial and economic sense.

Uganda
Subscriber

China’s CNOOC has followed BP into Senegal’s offshore with a strategic tie-up with Australia’s Far. The Area of Mutual Interest agreement with CNOOC UK announced on 31 March sets out arrangements to partner in evaluating, bidding, negotiating and managing joint ventures on farm-in and open acreage opportunities for oil and gas licences for a period of two years. “In combination, Far and CNOOC UK bring together expertise of the Mauritania-Senegal- Guinea-Bissau (MSGB) offshore basin and the capabilities of an international deep-water operator,” Far said.

Senegal
Subscriber

AGGREKO: Recognition for Soames; SEEG: Gabonese government audit; STEG INTERNATIONAL SERVICES: Capital increase

Gabon | Tunisia
Subscriber

South Korea is providing E1.28m to Ghana to support a project in which Korean experts will help strengthen the technical and commercial capacity of biogas companies in the country

Ghana
Issue 202 - 04 February 2011

Engen buys Chevron Tanzania assets

Free

South Africa-based Engen Petroleum formally acquired Chevron’s interests in Tanzania on 1 February, under one of seven agreements to take over downstream interests in sub-Saharan Africa and the Indian Ocean Islands.

Tanzania
Subscriber

The latest UN-led attempt to reconcile the rival groups competing to gain control of Libya shows no sign of being any more successful than previous efforts. As none of the major factions has the strength either to break away entirely, or to subjugate its opponents and take command by force, the most likely scenario is that the country has reached a kind of deteriorating equilibrium in which economic resources will be steadily depleted.

Libya
Issue 200 - 17 December 2010

CDEPC seeks Banha CCGT switchyard

Subscriber

Egypt’s Central Delta Electricity Production Company has invited bids by 6 March for the supply of a 220kV switchyard to connect the 750MW Banha combined cycle gas turbine project to the national grid

Egypt
Subscriber

Swala Oil & Gas announced on 2 January that it plans to acquire up to 40% of Orca Exploration subsidiary PanAfrican Energy Corporation, which operates the Songo Songo gas field. The deal is worth up to $130m, to be carried out in three phases. Under the first phase, with completion pushed back from 12 January to 17 January, Dar es Salaam-listed Swala will pay $25.8m in cash and shares for an initial 7.93% stake. Under the subsequent phases, due for completion by 28 February, Swala will pay another $104.2m for a further 32.07%.

Tanzania
Issue 337 - 22 December 2016

Moroccan projects stack up

Subscriber

In the wake of the United Nations Framework Convention on Climate Change’s Conference of the Parties (COP22) meeting in Marrakech, even more projects have been announced in the kingdom. Among recent moves: Meknès bioelectric plant – Olea Green-Food Meknès is intended to exploit olive waste under a public-private partnership in the agricultural region. Partners include the local LCM-Aïcha’s OleaFood, Casablanca-based Green of Africa and two Suez group subsidiaries in a biomass unit that will generate 15MW-20MW.

Morocco
Issue 216 - 23 September 2011

Yousfi hints at hydrocarbons law amendments

Subscriber

Energy and mines minister Youcef Yousfi’s announcement of unspecified amendments to the hydrocarbons law has raised hopes that the authorities might be considering improvements to the terms and conditions offered to international oil companies (IOCs) for exploration licences.

Algeria
Subscriber

US government development finance institution the Overseas Private Investment Corporation (Opic) has announced it will beef up its South African operation from 2013, dedicating a senior staff member “to leverage the country’s position as a business hub and strategic US partner” and help implement the US-Africa Clean Energy Finance Initiative (US-ACEF)

South Africa
Subscriber

REPUBLIC OF CONGO (BRAZZAVILLE): Total find; NIGERIA: Bonga contract for Weltek; DR CONGO: EnerGulf contracts Chinese for Lotshi seismic; NIGERIA: Russians to supply pipes for Total; SUDAN: Indians to quit Block 5B; TANZANIA: Mafia drilling feels the heat; UGANDA: Block 2 success

Congo Brazzaville
Subscriber

Electricity generation across Nigeria reached 4GW in July, the Presidential Task Force on Power has announced. This is a step forward for Nigeria’s chronically underperforming industry, but shows that output remains way off peak demand of 14GW. Similarly, the transmission network’s capacity reached a new peak of 4.6GW as of 30 July, but this was not enough to fight off fierce criticism of Transmission Company of Nigeria (TCN).TCN is run under management contract by Canada’s Manitoba Hydro International (MHI).

Nigeria
Subscriber

UK-based Azuri Technologies and First Bank of Nigeria Ltd announced a partnership on 7 February to expand access to electricity in Nigeria. The agreement will see Azuri’s solar home system packages co-branded and co-marketed by FirstBank. Customers will be able to use First Bank’s Firstmonie agent network and mobile payment platform to pay for their solar systems.

Nigeria
Issue 258 - 12 July 2013

Egypt: Dana Gas discovery

Subscriber

Dana Gas has announced a new gas discovery on the West El Manzala concession in the Nile Delta. The Begonia-1 discovery well encountered 15 metres of net pay in a good quality sandstone reservoir of the Lower Abu Madi formation. On test, the formation produced 9.4mcf of gas and 133 barrels of condensate, and the resources are estimated at 7-15bcf of gas and around 100,000 barrels of condensate.

Egypt