Search results

London Stock Exchange-listed Afren has agreed to buy Black Marlin Energy for around $101m in an all-share deal. The deal gives Afren a strategic entry into East Africa with an exploration portfolio in Ethiopia, Kenya, Madagascar

The Ugandan government is carrying out a study to determine the best size for a planned refinery to process crude from Lake Albert. The study, due for completion in the next month or so, will consider the regional market, and the type and size of refinery that would make commercial and economic sense.

CAMEROON: Foster Wheeler wins Sonara work; CHAD: Pipeline completed; NIGERIA: KBR refinery contract

LIBYA: Pipeline delays on the agenda; LERCO: Profit in 2009

Shell Petroleum Development Company of Nigeria (SPDC) has announced that its integrated oil and gas project in Bayelsa state will begin supplying gas to an independent power project (IPP),

Ghana has signed an agreement with Equatorial Guinea for the supply of crude oil, as part of efforts to restore the fortunes of its refining industry

South Sudan is seeking expressions of interest (EoIs) from international investors for a proposed 50,000 b/d refinery in Akon.

The federal government on 26 April approved more appointments at the top of the oil industry, with further changes in the senior managements of Nigerian National Petroleum Corporation (NNPC), several of its subsidiaries and the government's Department of Petroleum Resources (DPR).

Goodluck Jonathan’s Presidential Action Committee on Power (PACP) must produce a workable blueprint for the sector before end-May, the acting president told journalists on 21 April. Jonathan has retained the electricity portfolio in his new cabinet, working with minister of state Nuhu Somo Wya in another effort to overcome crippling power problems, which, according to Jonathan, have left Nigeria in a state of “semi-emergency”. Again, the government is focusing on reform within a solid regulatory framework as the key to stable power supplies.

The third and final phase of the Hassi R’Mel-Béni Saf (GZ4) gas transport pipeline, running from Mohammedia to Béni Saf, is now operational (AE 172/22). Sonatrach said the last phase of the project had been filled with gas on 15 April.

Tanzania player Artumas Group has closed its office in Calgary and agreed to merge with Wentworth Resources, which will receive a 58.5% stake. The merger will generate $20m in cash for Artumas, which has struggled to meet its funding requirements during the global economic downturn (AE 166/13).

Italian gas company Sinergie Italiane has agreed to buy 145,000m3 of liquefied natural gas from BG Group in what will be the first shipment of LNG from Equatorial Guinea to Italy.

The New York-based International Centre for Settlement of Investment Disputes (ICSID) constituted a tribunal in March to hear the arbitration claim brought by Maersk Olie Algeriet against the Peoples’ Democratic Republic of Algeria.

EQUATORIAL GUINEA: Mbini refinery plans; GHANA: TOR closure; MOROCCO: Turkish contract for Samir; SENEGAL: Saudis bid for refinery stake

Kenya’s leading sugar producer is looking to join in the country’s success in diversifying its energy sources by expanding into ethanol production as well as power generation, writes Kimemia Mugo