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Issue 146 - 20 September 2008

Libya ‘to build oil pipeline’

Subscriber

Libya Oil Holding (LOH) has announced plans to build and operate a 140km oil pipeline between Muanda on the Atlantic coast and the Congo River port of Matadi. The pipeline will connect Matadi to a floating terminal near Muanda, allowing supertankers to offload their cargo and minimising disruptions in the supply of petroleum products to Kinshasa.

DR Congo | Libya
Subscriber

SUDAN: Khartoum refinery expansion deal this year; UGANDA: Foster Wheeler in refinery study

Sudan | Uganda
Issue 222 - 16 December 2011

VOG says Logbaba start-up on schedule

Subscriber

Victoria Oil and Gas (VOG) has said it is on schedule to start gas sales from its Logbaba field to industrial customers in Douala by year-end. Pipeline installation to the first customer hub on the Magzi Industrial Estate is now complete,

Cameroon
Issue 256 - 14 June 2013

Agreement in Sorfert dispute

Subscriber

After several years of strained relationships between Algeria and its petrochemicals joint venture partners, a deal between Sonatrach and Egypt’s Orascom Construction Industries (OCI) suggests that progress may still be possible. On 27 May, the joint venture partners in the 2m t/yr Sorfert Algérie greenfield nitrogen fertiliser complex, signed an amendment to the shareholders’ agreement which OCI said had agreed “mutually beneficial arrangements, which will allow for the earliest possible start of production and commercial activities of the company”.

Algeria
Subscriber

Shell-BP joint venture South African Petroleum Refineries (Sapref) has given Fluor Corporation a front-end engineering and design (FEED) contract for its Clean Fuels II project in Durban. The project will enable a substantial upgrade of the Sapref refinery, improving the quality of transportation fuels by reducing levels of sulphur, benzene and aromatics in line with South Africa’s proposed clean fuels requirements. The agreement allows for a potential engineering, procurement and construction management contract to be signed at a later date.

South Africa
Subscriber

Uganda’s plans for a 100,000-150,000 b/d refinery are firmly opposed by Tullow Oil plc, which says this would leave it with a large quantity of heavy fuel oil (HFO) without a market outlet

Uganda
Subscriber

Total has taken over the contract to supply Algerian gas to France as part of a wider agreement to buy liquefied natural gas (LNG) assets from another major French company, Engie. The deal, agreed in early November, should become effective from 1 January and is expected to close by mid-2018. Total is buying Engie’s worldwide LNG assets for as much as $2.04bn, including interests in liquefaction plants, long-term LNG sales and purchase agreements, a fleet of ten tankers (to add to Total’s three existing carriers) and access to regasification capacity.

Algeria
Subscriber

After a trial shrouded in secrecy, the criminal court in Oran has finally handed down sentences on disgraced Sonatrach president director-general Mohammed Meziane, ex-interim PDG and downstream vice president Abdelhafid Feghouli and three co-defendants, who were accused of misappropriating public funds and short-circuiting the tender process by awarding contracts on a gré-à-gré (directly negotiated) basis.

Algeria
Subscriber

Total Tanzania Limited has acquired a lubricant-blending plant in the Chang’ombe Industrial Area in the Temeke district of Dar es Salaam. Total said the acquisition, marked with an inauguration ceremony on 8 February, would enable it to process 15,000 tonnes of lubricants, greases and coolants for local use and for export to neighbouring states.

Tanzania
Subscriber

General National Maritime Transport Company (GNMTC) has announced the order of several oil tankers in the past month, which will more than double the national fleet at what GNMTC’s senior management – headed by Revolutionary Leader Muammar Qadhafi’s controversial younger son Captain Hannibal Muammar El Qadhafi – sees as attractive prices during a period of falling shipping costs.

Libya
Free

Egyptian media have stepped up their campaign against the long-term sales contracts to supply natural gas to Israel through the East Mediterranean Gas Company (EMG),

Egypt
Subscriber

Sonangol’s investment arm Sonangol Holdings has further extended its international reach with an agreement to acquire a 20% stake in Trafigura subsidiary Puma Energy International. The companies, through their affiliates Sonagas and DT Holdings, have also agreed to develop joint investment opportunities in natural gas and natural gas liquids and their trading.

Angola
Subscriber

Malaysia’s Huchems Fine Chemical Corporation and Tanzania’s Infotech Investments and Gro Energy signed a memorandum of understanding on 29 June to build East Africa’s first ammonia-based chemical manufacturing plant. The parties expect to conclude a final agreement for the $800m project by year-end.

Tanzania
Issue 190 - 10 July 2010

All eyes on Akhannouch

Subscriber

The sale of the latest block of Royal Dutch Shell’s African distribution assets – of which the Anglo-Dutch major’s Moroccan network comprising 322 service stations is by far the biggest component – and speculation about a new round of downstream investment in the kingdom is driving speculation about the intentions of Berber entrepreneur turned politician Aziz Akhannouch.

Morocco
Subscriber

NamPower has selected a consortium of Shanghai Electric and Siemens as the preferred bidder to build an 800MW power station at Oranjemund fuelled by gas from the offshore Kudu field. Japan’s Mitsubishi Heavy Industries is the reserve bidder. NamPower shortlisted 15 companies for the combined cycle power plant in July 2013. Speaking at a conference in Windhoek, NamPower managing director Paulinus Shilamba said Standard Bank Namibia had been selected as mandated lead arranger to handle the project financing, with Rand Merchant Bank Namibia as reserve bidder.

Namibia