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A fresh wave of drilling activity underscores expectations of another strong year for the Namibian upstream, even as state oil company Namcor posts a loss.

Namibia
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Major Mauritania-Senegal Basin plays GTA and Sangomar are now advancing after ship-related issues delayed both projects for around a year. However, despite optimism for West African LNG developments, much-anticipated results from Shell’s wildcat well in Mauritania’s Block C10 have disappointed.

Mauritania | Senegal
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The Federal Government of Nigeria (FGN) has unconditionally withdrawn civil claims totalling $1.1bn against Italian major Eni that had been lodged in Italian courts, ending a long-running legal dispute centred on corruption allegations. In a statement to African Energy, Eni said it had received a letter confirming the withdrawal and said it was “the final step towards the truth”.

Nigeria
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State power utility Zesco Ltd has signed a ten-year power supply agreement (PSA) with Canada’s First Quantum Minerals (FQM), in a move expected to ringfence the future of one of Zambia’s most important mining assets.

Zambia
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The leak of briefing notes for COP28 president Sultan Al-Jaber just ahead of the summit’s opening in Dubai drew attention to the United Arab Emirate’s extensive energy dealings in key African economies, including Egypt and Kenya. Key players include renewables flagship Abu Dhabi Future Energy Company (Masdar) and oil giant Abu Dhabi National Oil Company (Adnoc).

Kenya | Egypt
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Italian major Eni has said it is pumping 8,000 b/d more than forecast at its Baleine project offshore Côte d'Ivoire, with output exceeding 20,000 b/d, compared to initial predictions of 12,000 b/d.

Côte d'Ivoire
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Hong Kong Stock Exchange-listed MMG is to acquire Khoemacau Copper Mining Company for $1.9bn. Khoemacau’s mine in the Kalahari Copper Belt has production capacity of 60,000 t/yr of copper and 1.6m oz/yr of silver metal.

Botswana
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The World Bank Group (WBG) is back in the Grand Inga game, more than seven years after it suspended funding for the first phase of the Democratic Republic of Congo (DRC) mega-scheme. However, with elections due to be held on 20 December across most of the country (some conflict zones are excluded) it is highly unlikely that President Félix Antoine Tshisekedi Tshilombo will have a breakthrough to announce before the sceptical electorate cast their votes.

DR Congo
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Local and international oil companies showed promising levels of interest in the unglamorous onshore basins on offer in Angola’s latest licensing round, but challenges remain from declining oil production and a fractious relationship with Opec, writes James Gavin.

Angola
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Africa Oil Corporation has called interest in an offshore farm-out deal ‘staggering’ and Marathon Oil is looking to take advantage of LNG arbitrage opportunities but, while IOCs talk up opportunities, oil production is on a downward trajectory and the political environment remains opaque, writes James Gavin.

Equatorial Guinea
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Toronto Stock Exchange (TSX)- and London AIM-listed Mkango Resources is planning three solar PV plants at its Songwe Hill mine. The $311m rare earths project has an estimated 18-year life-of-mine.

Malawi
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Project bulletin

Sekaname Proprietary and state utility Botswana Power Corporation (BPC) have signed a power purchase agreement (PPA) for the development of a pilot Sekaname coal bed methane (CBM) plant. Authorities in Botswana, which has been undertaking CBM prospecting for many years, see the commercial production of gas as a step towards the country transitioning from coal-dependent generation to a new energy mix that include gas, solar and wind.

Botswana
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Australian junior AVZ is fighting on several fronts to keep its Manono lithium project on track. Development has been delayed by disputes with AVZ’s own shareholders and the Democratic Republic of Congo’s government. The Perth-headquartered junior has, however, received an ICC emergency ruling in its favour, writes François Misser.

DR Congo
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Privately-owned indie Perenco has long been a significant upstream player in west and central Africa and it is now extending its position with new discoveries and plans to increase production in Chad, Republic of Congo and elsewhere, as its general manager Benoît de la Fouchardiere tells African Energy.

Cameroon | DR Congo | Chad | Congo Brazzaville | Gabon
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Organisers made big claims about investment flows at the AfDB-backed Africa Investment Forum 2023 Market Days event in Morocco, James Gavin reports from Marrakech.

Morocco