Search results

General

Type

Sector

Regions

Sort options

1,392 results found for your search

Subscriber

Kosmos Energy has taken an operated stake in the 25tcf offshore Yakaar-Teranga gas field, following BP’s exit, and says it intends to export up to 3m t/yr of LNG. Longstanding plans to supply local offtakers through a new pipeline are also set to continue. Meanwhile the cross-border Senegal-Mauritania LNG development continues, but progress could be held up as the Greater Tortue Ahmeyim (GTA) project’s FPSO awaits repairs off Durban, writes Marc Howard.

Mauritania | Senegal
Subscriber

UK-headquartered independents are leading the way in developing Morocco’s onshore and offshore gas resources, as the government seeks to boost domestic supplies and reduce its reliance on expensive imports via Spain. Among recent activity, Chariot has secured environmental approval for its 1.5tcf offshore Anchois development, writes James Gavin.

Morocco
Subscriber

With first oil expected from Lake Albert by early 2026, an array of associated infrastructure is under development, including the controversial Eacop pipeline. Shunned by western financiers, Chinese debt is expected to rescue Eacop, with a financing package due to be finalised in the coming weeks. Kampala has also signalled its appetite to intervene in energy markets by taking a majority stake in the Kabalega refinery, writes Marc Howard in Hoima.

Uganda | Tanzania
Subscriber

Were projects assessed solely on their economic and social impact, the East African Crude Oil Pipeline (Eacop) and Lake Albert would probably be widely praised. Uganda needs both the energy and investment the projects bring. But the projects have drawn fierce criticism from environmental campaigners and NGOs, in Uganda and beyond in a concerted, high-profile campaign that has registered successes.

Uganda
Subscriber

With oil field developments proceeding at pace, the Kampala government has signalled its intention to play a more robust role in economic management, with plans to renationalise the electricity distribution network and take an expensive majority stake in the Kabalega refinery development. Meanwhile financing for the Eacop pipeline is expected to close soon, with Chinese lenders stepping in where western financiers have refused to go, writes Marc Howard, recently in Kampala and Hoima.

Uganda
Subscriber

Nigeria’s 650,000 b/d Dangote refinery appears to have missed its expected start date in October, reportedly due to crude supply issues. However, Nigeria’s downstream sector will receive another boost with the expected return to service of the 110,000 b/d Kaduna refinery in 2024, writes James Gavin.

Nigeria
Subscriber

Macky Sall has installed trusted ally Antoine Félix Abdoulaye Diome as oil and energy minister in a move said to be designed to extend outgoing president’s influence over the sector even after he leaves office, writes Waly Dione Faye.

Senegal
Subscriber

African liquified natural gas (LNG) projects will emerge as a major investment theme, consultancy WoodMackenzie has predicted, but the oil sector is likely to struggle to offset declines at maturing assets.

Subscriber

Reports suggest Italian major Eni expects to reach a final investment decision (FID) for its Coral Norte floating liquefied natural gas (FLNG) plant by June 2024. The 3.4m t/yr Coral Sul development dispatched its first LNG cargo last November, supplied by six subsea wells drilled in the Coral field.

Mozambique
Subscriber

Seven plaintiffs have filed a criminal complaint with Paris prosecutors against TotalEnergies, accusing the French major of negligence and indirect manslaughter during the March 2021 attack on Palma by Islamist insurgents.

Mozambique
Subscriber

BP has awarded Allseas the contract to complete the subsea pipelay scope for its Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, after previous contractor McDermott International was reportedly unable to complete its planned work on the project.

Mauritania | Senegal
Subscriber

Toufik Hakkar was removed from his position as president director-general (PDG) of Sonatrach on 2 October, as President Abdelmadjid Tebboune appointed yet another official who has had decades of jobs in and around the national oil company, Rachid Hachichi, for a second stint in the job. 

Algeria
Subscriber

Momentum continues to build for the two large export-oriented liquefied natural gas projects on Mozambique’s Afungi peninsula. TotalEnergies has confirmed longstanding speculation that work will resume at Mozambique LNG this year, while ExxonMobil is aiming for a final investment decision on its Rovuma project in 2025 – underpinned by the continuing role of foreign security forces in Cabo Delgado, writes Marc Howard.

Mozambique
Subscriber

Discussing progress and slippages in its major development offshore Mauritania and Senegal, BP says its Greater Tortue Ahmeyim project is focused on a ‘sustainable’ production start, rather than racing to dispatch its first LNG cargo. The British supermajor is also focused on completing phase one of the $4.8bn cross-border development prior to advancing with Phase II work, which it said would provide confidence to Dakar, Nouakchott and investors alike

Mauritania | Senegal
Subscriber

Equatorial Guinea is seeing more dynamism in its upstream oil and gas sector, with independents planning drilling programmes across a number of blocks. Further phases are being planned for the Regional Gas Mega Hub project, amid renewed interest in natural gas resources, writes James Gavin.

Equatorial Guinea