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President Macky Sall looked at his confident best on 12 June as he hosted a day of dialogue over the future shape of the oil and gas industry and the expected revenue boost to the Senegalese economy. The event sought to bring together politicians, business and civil society, but significant elements of the opposition boycotted the event in Dakar’s new conference centre. Sall’s opponents demand that the government should publish all the natural resources contracts it has signed to date.

Senegal
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Sound Energy announced on 8 June that it had submitted a development application to the Ministry of Energy for the Tendrara gas discovery in eastern Morocco. The application for the Phase 1 development of Tendrara covers the technical and commercial aspects of the field development plan and the outline of the development area. Sound expects the discovery to produce some 60mcf/d of natural gas, to be produced through a future 120km spur to the Maghreb-Europe gas pipeline (GME), which runs from Algeria’s Hassi R’Mel fields to Spain.

Morocco
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Scores of people have been killed since late May in attacks on villages in the northern Cabo Delgado province blamed on Islamist militants. In one attack near the coastal town of Palma, the attackers abducted residents from Monjane and Ulumbi villages who were found beheaded on 27 May in nearby bush. Security forces have deployed in the area, where consortia led by Anadarko and Eni are planning big liquefied natural gas (LNG) developments.

Mozambique
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While minister of mines and hydrocarbons Gabriel Mbaga Obiang Lima is clearly in a hurry to bring more oil and gas resources into production and to raise the profile of his country within the global hydrocarbons industry, he is also holding out for the best deals he can get. Market speculation is focused on a prospective deal for London-based independent Trident Energy – which is led by former Perenco executives and describes itself as an expert in reviving mid-life oil and gas assets – to take over ExxonMobil’s Zafiro oil and gas field, which started production in 1996.

Equatorial Guinea
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Despite governance shortfalls and a number of crises, President Filipe Nyusi’s government has reassured investors with its support for transformational LNG schemes, leading towards final investment decisions and financial close in the months to come. This is a major success for an African gas industry where smaller projects seem to be making more impact than the majority of big-ticket schemes. Mozambique’s progress reassured CbI Meetings’ 2-3 May Africa Investment Exchange: Gas event in London that the African industry can deliver world-scale projects.

Tanzania
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Nigeria LNG (NLNG) Limited has awarded contracts to two consortia for front-end engineering design (FEED) work for its long-awaited Train 7 expansion project. A signing ceremony took place in London on 11 July for the project, which aims to increase liquefied natural gas output to 30m t/yr from 22m t/yr now. A completed FEED process will pave the way for engineering, procurement and construction (EPC) pricing and bidding processes, which are required before a final investment decision (FID).

Nigeria
Issue 387 - 28 February 2019

Tunisia: Steg confronts liquidity crisis

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Société Tunisienne d’Electricité et du Gaz (Steg) is determined to retain its central role in power generation despite its financial weakness and government efforts to promote independent solar projects and the liberalisation of the sector. It is seeking a capital injection and is looking at ways of increasing revenue to resolve a severe liquidity crisis.

Tunisia
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Dana Gas on 20 May began drilling the Merak-1 exploration well targeting up to 4tcf of gas in the Eastern Mediterranean Basin. The well is being drilled by Advantage Drilling Services’ Tungsten Explorer drillship in 755 metres of water in the North El Arish concession (Block 6). Chief executive Patrick Allman-Ward told the Africa E&P Summit in London on 23 May the company had identified at least three multi-tcf prospects in the deep-water part of the block, which borders Israeli waters.

Egypt
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The success of Société des Energies de Côte d’Ivoire’s 275MW Soubré hydro plant has substantially undermined the commercial logic underpinning a proposed 3m t/yr liquefied natural gas (LNG) import terminal in Abidjan’s Vridi port. The challenge facing the project’s promoters, which include Total, Shell, Golar LNG, Azerbaijan’s Socar and Endeavor Energy, is not only to justify a gas offtake price higher than the $5.5-6.0/mBtu ceiling set by the government, but also to find a market for the gas at all.

Côte d'Ivoire
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Nigerian president Muhammadu Buhari has surprised many investors by declining to sign into law the embattled Petroleum Industry Governance Bill. Claiming the bill would divert scarce financial resources from state coffers, Buhari in late August struck a potentially lethal blow to petroleum reform. He may also have brought an anticlimactic end to almost two decades of tortuous legislative to and fro over petroleum reform, marked by extensive lobbying and concern from Shell, Eni, ExxonMobil, Total and other international partners.

Nigeria
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The Algerian authorities have continued to sign new deals in the upstream and downstream sectors while advancing their more controversial agenda of exploiting shale resources despite public opposition. Preparations are building for a policy announcement in December which could open the way to further developments next year. On 7 October, Sonatrach, Total and Repsol completed their agreements to jointly develop the Erg Issouane gas field and market the gas. The field is located on the TFT Sud permit south of the partners’ existing Tin Fouyé Tabenkort (TFT) field.

Algeria
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Oil and gas explorer Africa New Energies (ANE) is preparing to begin fundraising for a ten-well drilling project onshore Namibia through the issuance of asset-backed crypto-tokens. The company has owned two onshore blocks totalling 22,000km2 in Namibia through its subsidiary Alumni Exploration East Namibia Ltd since December 2012, when the company was founded by South Africans Steven Larkin and Brendon Raw. ANE has been using unconventional exploration techniques based on machine learning to identify drilling sites, in theory at a fraction of the cost of conventional 2D and 3D seismic programmes.

Namibia
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BP has selected McDermott International and Baker Hughes (BHGE) for front-end engineering design (FEED) studies in advance of an engineering, procurement, construction and installation (EPCI) contract for the subsea element of the Tortue/Ahmeyim field development. The companies will work together to define the technology and equipment scope for an initial four-well development phase. McDermott said the FEED work was scheduled to begin and complete this year. The agreement contains a mechanism to allow transition of the contract to a lump-sum EPCI contract at a later date.

Mauritania | Senegal
Issue 362 - 01 February 2018

Eni plans gas and renewables investments

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Italy’s Eni will become a major player in African renewables while also strengthening its support for domestic gas markets in countries where it operates. The company is investing in exploration and production in every North African country except Tunisia and is fast becoming one of the leading sponsors of solar projects in these countries.Chief executive Claudio Descalzi described a strategic vision for Eni and the role it expects to play in its core markets in a hosted interview as part of Chatham House’s Middle East and North Africa Energy conference in London on 29 January.

Egypt | Libya | Algeria
Issue 364 - 01 March 2018

Mozambique: EDF to buy Area 1 LNG

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Anadarko Petroleum Corporation has announced a sale and purchase agreement (SPA) with EDF of France for 1.2m t/yr of liquefied natural gas from its Area 1 development for 15 years. “EDF is one of the world’s largest electric utilities, and reaching this SPA continues to validate Mozambique LNG’s position as a competitive long-term LNG supplier and as one of the world’s leading greenfield projects,” said Anadarko executive vice-president international & deep-water operations and project management Mitch Ingram.

Mozambique