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Questions have been raised about Victoria Oil and Gas (VOG)'s  ability to continue after the International Chamber of Commerce (ICC) made a substantial award against it in early April. VOG is a business whose importance extends beyond the narrow interests of its shareholders. Its subsidiary Gaz du Cameroun (GDC) is one of the continent’s rare onshore gas producers that sells to a local clientele.

Cameroon
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Aminex has struck a deal with neighbouring operator Pan African Energy Tanzania (PAET) to provide high-resolution 3D seismic data for part of the Kiliwani North Development Licence (KNDL).

Tanzania
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Industry reports that TotalEnergies’ Venus discovery could be the world’s largest-ever deep-water discovery has triggered a wave of excitement in Windhoek and beyond about the game-changing nature of the find.    

Namibia
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Afentra’s 28 April signing of an agreement with Angolan state company Sonangol to buy stakes in offshore blocks 3/05 and 23 are the London AIM-listed company’s first major deal since its formation last year and a marker of its intentions.  

Angola
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Production drilling has started at the 2.3m t/yr Tortue Phase I liquefied natural gas (LNG) project, Société des Pétroles du Sénégal (Petrosen)’s Sokhna Thioye Sakho said, while Strategic Oil and Gas Committee (COS-Petrogaz) deputy head Mamadou Fall Kane said progress on phase one was 75% complete and first gas was “still expected in Q3 2023”. BP chief executive Bernard Looney hopes Tortue will start up by end-2023 – which “depends on how Covid evolves” – while the outlook phase two is “only improved by today’s price environment”

Senegal
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TotalEnergies chief executive Patrick Pouyanné reaffirmed the French major’s commitment to oil and gas, saying they “will continue to be a significant source of cash”, during his Q1 2022 earnings call. Pouyanné also used the occasion to temper some of the recent Namibia upstream hype, stressed there would be no return to Mozambique LNG this year and outlined a divestment plan for some of Total’s Nigerian oil licences, while holding on to gas assets

Namibia
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As it looks for farm-in partners, PetroSA is making some very bullish statements about its north-west Sudan acreage, on Block 14. The South African explorer’s geoscience manager Dr Chris Davies said in Vienna on 5 November that the nearly 300,000km2 acreage had “significant potential”, with several structures identified

Sudan
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Afreximbank and the African Petroleum Producers Organisation (APPO) have agreed to jointly create the African Energy Transition Bank to fund gas and oil projects and other energy schemes around the continent, at a time when many traditional sources of funding are drying up. However, many details remain to be ironed out, including how it will be funded.

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The East African Crude Oil Pipeline has boosted regional energy ambitions and is poised to swell the treasuries of Tanzania and Uganda, but while the project’s supporters laud its potential economic and developmental benefits it has also ignited a fierce debate over hydrocarbons financing and how deals are structured in the energy transition age.

Uganda | Tanzania
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The successful introduction of gas to the vessel means the Mozambique is on track to export its first cargo of liquified natural gas (LNG) in H2 2022.

Mozambique
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The cross-border Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) development is proceeding on schedule, according to BP. The UK major said first exports were expected in Q4 2023 – news that will be warmly welcomed by LNG buyers world-wide given surging demand and prices.

Mauritania | Senegal
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Australian indie Invictus Energy has substantially increased the estimates for the Mukuyu-1 gas prospect in the Cabora Bassa Basin in Zimbabwe, following a new study by London-based consultants ERCE.

Zimbabwe
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Canada’s Reconnaissance Energy (ReconAfrica) announced on 28 June the spudding of the 1819/8-2 well in northeast Namibia, the first in a four-well exploration programme in the frontier region.

Namibia
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Namibia-focused independent Impact Oil & Gas is staying tight lipped about industry speculation that it stands to gain a cool $1bn from the prospective sale of its 20% interest in Block 2913B offshore Namibia – the block where in February, operator TotalEnergies reported a light oil with associated gas discovery at the Venus-X1 well.

Namibia
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Industry actors in the Kenyan oil and gas sector are adopting a wait-and-see approach towards the 9 August presidential election, with many anticipating a change in regime following the vote.

Kenya