Search results

Selected filters:

General

Type

Sector

Regions

Sort options

1,309 results found for your search

Subscriber

Nigerian petroleum minister Timipre Sylva has called on all parties to fast-track the African Union (AU)-endorsed Trans-Saharan Gas Pipeline (TSGP) from Nigeria to Algeria via Niger. The move follows federal government backing earlier this month for Nigerian National Petroleum Company (NNPC) to enter an agreement with the Economic Community of West African States (Ecowas) to build the ambitious Nigeria-Morocco Gas Pipeline (NMGP).

Algeria | Morocco | Nigeria
Free

Eni, ExxonMobil, Total and Statoil have all applied for blocks offshore Cyprus after Eni’s Zohr discovery opened a new play in the eastern Mediterranean. The Ministry of Energy, Commerce, Industry and Tourism said that it had received an application from Eni and Total with Eni as operator for Block 6. For Block 8, the ministry received applications from Eni, and from a consortium of Cairn Energy’s Capricorn Oil with Delek Drilling and Avner Oil Exploration.

Subscriber

Sovereign wealth fund Fonds Souverain d’Investissements Stratégiques (Fonsis) and government-owned Senegal Gas Network (SGN) have signed a joint development agreement with local developer West African Energy (WAE) and the Lagos-based Africa Finance Corporation (AFC) to develop Senegal’s national gas pipeline network as offshore gas is brought into operation.

Senegal
Subscriber

Natural gas production in Sub-Saharan Africa (SSA) could double over the course of this decade, from 1.3m boe/d in 2021 to 2.7m boe/d in 2030, according to estimates by consultancy Rystad Energy.

Subscriber

The collapse of a deal under which the Segas liquefaction plant at Damietta would have restarted LNG exports in June is mostly due to the negative effect of the coronavirus pandemic. However, it highlights the difficult economics behind Cairo’s ambitions to revitalise its gas export business and eventually to turn itself into a regional energy trading hub. The plant stopped working in 2012 because Egypt did not have enough gas to supply it. Now there is almost certainly enough excess capacity but under current and possibly future market conditions the business does not add up.

Egypt
Subscriber

Many critical questions remain to be answered, as supermajors keep their counsel on developing a major new offshore oil and gas play, but things seem to be moving ahead quickly with Chevron said to be re-entering the Orange Basin after two decades, the government saying it has agreed with Shell and TotalEnergies that production from their Graff and Venus discoveries should start ‘as soon as possible’, and BW Energy making promising noises about the Kudu gas-to-power play. Local players are set for a big payday as the Namibian upstream becomes a supermajor focus, writes Marc Howard.

Namibia
Free

What’s not to like for investors in President Abdel Fattah El Sisi’s Egypt? The government’s International Monetary Fund-supported reform programme has greatly improved macroeconomic conditions; Egypt was a rare economy that reported some growth in Covid-plagued 2020, despite a huge downturn in tourism and other key revenue-earners. Its commitment to accelerating infrastructure development has sucked funds into global-scale solar and wind power programmes.

Egypt
Subscriber

The resumption of LNG exports from the Egyptian LNG (ELNG) liquefaction terminal at Idku relieves some of the pressure on Egypt’s gas market, which has swung into a state of oversupply thanks to the global impact of the coronavirus pandemic, but local industrial consumers are still pushing hard for price reductions.

Egypt
Subscriber

Buffeted by political crosswinds throughout 2016 – the fallout of charges against finance minister Pravin Gordhan was becoming clear as African Energy went to press – the selection of preferred bidders in the coal independent power producer (IPP) procurement programme and the publication of the framework for the gas IPP programme show that there is still momentum behind private investment in South Africa’s power sector. How well the programmes will withstand the latest political crisis, already manifesting itself in a fall of more than 4% in the rand against the dollar and ten-year government bond yields soaring to 8.94%, with a sovereign downgrade to junk likely to follow, remains to be seen.

South Africa
Subscriber

The target of finalising a host government agreement for the $30bn Lindi liquified natural gas (LNG) project by December was missed, due to the complexity of the negotiations.

Tanzania
Subscriber

London-listed Sound Energy expects to reach a final investment decision (FID) for the second phase of its Tendrara concession by year-end, as it continues its search for a farm-in partner to join further exploration and appraisal work. Production from phase I is also expected to start in early 2024, writes Marc Howard.

Morocco
Subscriber
Project bulletin

Sonelgaz’s decade-old programme to install a new generation of gas-fired power plants with turbines supplied by GE is limping towards the finish line, but the authorities continue to postpone the dates for final commissioning.

Subscriber

London AIM-listed and Tanzania-focused explorer Helium One has reported that the Exalo rig due to be mobilised to its Rukwa licence in early 2023 is no longer available, after the current operator extended its contract.

Tanzania
Subscriber
Project bulletin

Aksa Energy has renewed its power purchase agreement for the 370MW plant with the Electricity Company of Ghana (ECG) for a further 15 years.  Conversion from dual fuel to natural gas has begun and will continue at a brisk pace says chief executive Cemil Kazancı.

Ghana
Free
Project bulletin

Grid synchronisation and an air-cooled condenser (ACC) pneumatic test have been carried out at the Azito phase four power plant expansion project.

Côte d'Ivoire