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Finland’s Wärtsilä announced on 25 April that it had signed a contract to engineer, manufacture and deliver the 130MW Malicounda thermal plant at Mbour. The plant will comprise seven Wärtsilä 50 engines initially running on heavy fuel oil, with the option of converting to gas if it becomes available. Commercial operation is expected in 2020. The project will be owned by Melec PowerGen on a build, own, operate, transfer basis, with Lebanon’s Matelec as engineering, procurement and construction contractor.

Senegal
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China’s Poly-GCL, which is developing the Calub and Hilala gas fields in the Ogaden Basin, has found more gas reserves as well as some oil during appraisal drilling. “In the appraisal wells the company drilled around Calub it has discovered additional gas reserve. If you remember we were talking about 4.7tcf of gas reserve. Now the recoverable gas amount reached 6-8tcf. The amount has increased significantly,” Ministry of Mines, Petroleum and Natural Gas state minister Koang Tutlam told The Reporter newspaper.

Ethiopia
Issue 364 - 01 March 2018

Woodside: Fundraising

Free

Woodside Energy has raised A$1.57bn ($1.24bn) through an Institutional Entitlement Offer of new shares. The company will use the cash to fund the acquisition of ExxonMobil’s stake in the Scarborough gas field offshore Western Australia, and for its other operations, including the SNE Phase 1 development in Senegal. The offer is the first stage of a planned equity raising announced on 14 February to raise A$2.5bn. A retail component closing on 7 March is planned to raise another A$960m.

Senegal
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Egypt-focused SDX Energy expects to bring its South Disouq field in the onshore Nile Delta into production during H2 2018. On 12 April, it announced a gas discovery at the Ibn Yunus-1X exploration well, which it spudded on 26 March. It drilled the well to a total depth of 9,068 feet and encountered 100.8 feet of net conventional natural gas pay in the Abu Madi horizon. The company reported that “the well came in on prognosis but with a reservoir section that was of better quality and thicker than pre-drill expectations”.

Egypt
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Prime Minister Ahmed Ouyahia’s government is expected to revise the hydrocarbons law, which was passed in 2005 (Law 05-07) as a liberal document drawn up by then energy minister Chakib Khelil, but was then revised to take on a much more nationalist tone. Another revision, in 2013, disappointed international oil companies (IOCs) looking for more reasons to invest in Algeria, where IOC participation is restricted to 49% of a project’s equity and other terms are seen to strongly favour the government.

Algeria
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Siemens, in partnership with Spain’s TSK, has signed a memorandum of understanding with the government to cooperate to identify measures to fast-track power generation and work towards increasing capacity by an additional 300MW by 2019. One of the short-term initiatives is the installation of a Siemens 44MW aeroderivative gas turbine (SGT-A45) for mobile power generation in Antananarivo.

Madagascar
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A readjustment of relations between international oil companies (IOCs) and the authorities is evidence of a new, more realistic approach towards upstream development. However, difficulties remain. While a number of international partners have successfully amended or extended their contracts with Alnaft, others have surrendered their interests – continuing a trend of the past several years.The most important two contracts to have been altered in a positive way are those regarding Total and Cepsa’s development of the Timimoun tight gas field in south-west Algeria and BP and Statoil’s production of gas at In Amenas.

Algeria
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Symbion Power Tanzania Ltd, which is in dispute with Tanzania Electric Supply Company (Tanesco) over the 112MW Ubungo gas power plant, has notified the Tanzanian government that, if no settlement can be agreed by 10 May 2018, arbitration proceedings will begin at the World Bank’s International Centre for Settlement of Investment Disputes (ICSID), African Energy has learned. The company has already begun an arbitration case at the International Chamber of Commerce (ICC) in Paris, claiming $562.41m in lost capacity payments, interest, and future payments over the course of a 15-year power purchase agreement.

Tanzania
Issue 355 - 12 October 2017

Morocco/Egypt: SDX finds gas, oil

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SDX Energy has announced a gas discovery with the KSR-14 development well on the Sebou permit in Morocco, and an oil discovery with the Rabul-2 well in the West Gharib concession in Egypt. The Rabul-2 well encountered 31 metres of net heavy oil pay across the Yusr and Bakr sand formations, with an average porosity of 20%. The well will be completed as a producer in the Bakr and connected to the central processing facilities at Meseda.

Egypt | Morocco
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Greek company Mytilineos signed an engineering, procurement and construction (EPC) contract with General Electricity Company of Libya (Gecol) for a new dual-fuel power plant in Tobruk to be built by its Metka unit. The agreement was signed in Tripoli on 27 September. One of the most important questions over the realisation of the 650MW open-cycle plant is whether Tripoli-based Gecol will be able to reliably finance and manage a large and expensive infrastructure project in eastern Libya while its authority is being continually challenged by an alternative power company based in the Cyrenaica city of Al-Baida.

Libya
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A series of petty disputes involving tribes and militias in western Libya have threatened National Oil Corporation (NOC)’s ambitions to maintain or even increase oil output, which peaked at 1.1m b/d in early August. The challenge facing chairman Mustafa Sanalla is that armed groups who have carried out blockades and actions against oil and gas facilities in recent months are outside the control of any single authority.

Libya
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On 20 December, a first 153MW turbine began power generation at the landmark 459MW Azura-Edo gas-to-power plant, Nigeria’s first fully privatised independent power project to reach financial close and a trailblazer for private sector involvement in the power sector. The project template – from the commercially competitive gas supply agreement with Seplat to World Bank guarantees and private sector-led development – is being seen as a model for independent gas-fired power projects in Nigeria

Nigeria
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The Federal Government of Nigeria’s new 100-page National Gas Policy (NGP) sets targets for policy reforms and improvements, starting in the upstream with policies to develop gas resources. The NGP aims to encourage exploration and development of new gas supply sources from inland and offshore basins, and to develop portfolio management methodologies to prioritise low-cost gas development. New reserves would then feed a restructured gas supply industry, whose future shape is outlined in the NGP.

Nigeria
Subscriber

President Filipe Nyusi was bound to make the most of the announcement that Eni and partners had reached a final investment decision (FID) to develop the $8bn Coral South floating liquefied natural gas (FLNG) project in offshore Area 4; all drilling, construction and installation contracts for the 3.4m t/yr FLNG scheme in the Rovuma Basin were signed to great fanfare in early June.

Mozambique
Issue 353 - 15 September 2017

New power barge for Ghana

Subscriber

A second, bigger power barge has arrived in Tema port, ready to start supplying the grid. Karpowership Ghana Company Limited said the arrival of the 470MW Karadeniz Powership Osman Khan follows its 2015 power purchase agreement with the Electricity Company of Ghana (ECG). Karpowership is expected to provide a total of 450MW to the grid for ten years.

Ghana