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The UK’s Cummins Cogeneration Ltd and Ghanaian partner Wuta Energy have signed a power purchase agreement for a 300MW gas power plant at Beyin, in the Western Region. Cummins told African Energy that all critical gas and electricity agreements had been signed and that work was under way to clear the project site. Cummins and Wuta own the project, which is being developed as an independent power producer. It is being privately financed by Cummins Cogeneration with some debt from commercial lenders. A deal to bring in a UK-based engineering, procurement and construction contractor is being finalised.

Ghana
Issue 306 - 07 August 2015

Afren goes into administration

Subscriber

Afren has called in administrators after failing to secure support for refinancing and restructuring proposals. The company said on 31 July that talks had “failed to deliver support for a revised refinancing and restructuring proposal that would result in Afren plc being able to pay its debts as they fall due,” and it had appointed Simon Appell, Daniel Imison and Catherine Williamson of London-based AlixPartners as administrators. “The group is in discussions with its partners and other key stakeholders with a view to continuing its operating businesses,” Afren said.

Issue 306 - 08 August 2015

Golar orders third FLNG vessel

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Golar LNG has ordered a third floating liquefaction vessel from the Keppel shipyard in Singapore following a review of potential demand. The company said on 21 July that it had executed agreements for conversion of the 126,000 m3 liquefied natural gas carrier Gandria, which will be supplied to Ophir Energy in Equatorial Guinea in 2019, freeing up the Gimi to cover the potential emerging demand for an earlier project in 2018.

Subscriber

London-based Genesis Energy has signed a power purchase agreement for gas power plants with combined capacity of 360MW. Speaking to African Energy on the sidelines of the African Global Investment Summit in London on 2 December, chairman and chief executive Akinwole Omoboriowo said the first phase would involve a 100MW on-grid power plant using General Electric units and a 20MW distributed power plant using engines provided by the UK’s Cummins Cogen, part of the US-based Cummins Group.

Benin
Issue 315 - 14 January 2016

Kiliwani North gas sales agreement

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Aminex on 13 January announced a gas sales agreement with Tanzania Petroleum Development Corporation (TPDC) for its Kiliwani North field. Gas from Kiliwani North will be supplied to the new Songo Songo processing plant. Final well preparations are being completed before testing and commissioning of the new plant, and TPDC and Aminex will agree the start of commercial operations once this is completed.

Tanzania
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Nigeria’s Sirius Group has given Penspen a contract to conduct an engineering study for the monetisation of gas reserves from offshore oilfields in the Niger Delta. A key element of this agreement is the development of gas reserves in OML 122.The study is being conducted as part of Project Dawn, a three-year development project worth $1.2bn that includes the construction of a pipeline network to deliver natural gas to the existing Escravos-Lagos Pipeline System. Project Dawn is expected to supply 250mcf/d of natural gas under a gas sales and purchase agreement between Sirius Oilfield Support Services and Nigerian Gas Company, a subsidiary of Nigerian National Petroleum Corporation.

Nigeria
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Ophir Energy said on 5 May that it had signed a binding heads of terms for a midstream chartering and operating services agreement with London-based Golar LNG. The agreement establishes key commercial terms for Golar to build, operate and maintain a floating liquefaction and storage vessel and facilities for Ophir’s operated Fortuna floating liquefied natural gas (FLNG) project in Block R. The vessel to be used will be Golar’s Gimi FLNG vessel. A previous memorandum of understanding signed with Excelerate Energy on 6 November has been terminated by mutual agreement, Ophir said.

Equatorial Guinea
Issue 301 - 30 May 2015

Libya: Offshore find for Eni

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Despite the problems plaguing Libya’s hydrocarbons sector, Eni has made its second discovery of the year in offshore Area D. The gas and condensate discovery was made in the Bouri North exploration prospect, 140km from the coast and 20km north of the producing Bouri field. The A1-1/1 well was drilled at a water depth of 125 metres and encountered gas and condensates in the Metlaoui group of Eocene age. During a production test constrained by surface facilities, the well flowed 1,340 boe/d with a 64/64 choke size.

Libya
Issue 295 - 27 February 2015

Ghana: Tullow contracts DeepOcean vessel

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Tullow Oil has given a contract to DeepOcean Ghana for a multi-purpose construction vessel to work on the Jubilee and TEN developments. The contract includes subsea tree and jumper installations in water depths of approximately 1,100-2,000 metres. DeepOcean Ghana, which is 51% Ghanaian owned, is mobilising the Rem Forza subsea construction vessel for a six-month charter from March to August 2015, with the possibility of extension into 2016.

Ghana
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No one doubts that gas fields in the Rovuma Basin offshore Mozambique and Tanzania hold huge reserves of gas. A 27 April-8 May International Monetary Fund (IMF) staff mission to Maputo concluded: “Mozambique’s plans to develop its oil and gas sector in the Rovuma Basin will represent one of the largest investments ever seen in Africa (up to $100bn) and could transform the country into the third largest liquefied natural gas (LNG) exporter in the world.” The critical question is how quickly that gas can be brought to market, and in what direction it goes.

Mozambique
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Azonto Petroleum plans to re-tender the construction package for the Gazelle gas project in a bid to push down costs. The Australian company said Italy’s Rosetti Marino had quoted it a higher-than-expected lump-sum price for the offshore and onshore project elements. “In order to achieve a realistic breakeven gas price, and to capitalise on current downward pressure on drilling and other construction costs, the Vioco board therefore has decided to re-tender the construction package. This will result in a delay in sanctioning the Gazelle project,” Azonto said in a 31 March statement.

Côte d'Ivoire
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The Maria Gléta thermal power plant has converted to natural gas from aviation fuel, significantly reducing its running costs, but is still not operating at full capacity. Originally planned to run on gas from the West African Gas Pipeline (WAGP), the plant, built by US company Combustion Associates, was brought into service in December 2013 and ran for seven months on jet A1 fuel. It was placed on standby in July 2014 and replaced by temporary power rented from Aggreko, which supplied 50MW, and MR International, which supplied another 30MW. The government said at the time that the aim was to reduce costs.

Benin
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Germany’s DEA has sold part of its stake in the West Nile Delta (WND) project to operator BP to better balance its portfolio. The deal includes the sale of part of DEA’s stake in the ongoing Phase 1 development of 5tcf of gas resources. DEA retains 17.25% in the North Alexandria and West Mediterranean Deepwater concessions, making WND still the largest project in its portfolio. The $12bn WND project is due to start production in 2017, producing 1.2bcf/d of gas, which represents some 25% of Egypt’s current gas production.

Egypt
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US-based company West Africa LNG Group Inc signed a memorandum of understanding with the government of Guinea on 8 March to develop a liquefied natural gas (LNG) import terminal to serve the industrial, mining and agro-processing sectors.Chief executive Cem Hacioglu told African Energy the import terminal would be sited in the Kamsar port region to supply planned bauxite processing plants and agricultural processing and packaging plants at a new Special Economic Zone (SEZ) 50km inland at Boké.

Subscriber

Ethiopia and Djibouti signed a new agreement on 17 February for a project to build a gas pipeline from the Ogaden Basin to the coast. The pipeline will be followed, in a second phase, by the construction and operation of a natural gas liquefaction plant and a gas export terminal in the Damerjog area, near Djibouti’s border with the self-declared Republic of Somaliland.

Ethiopia | Djibouti