0
 

Search results

General

Type

Sector

Regions

Sort options

10,000 results found for your search

Subscriber

BP new find on Block 31; Pazflor topsides contract for KBR; Apache find in Western Desert; Circle farms into NW Gemsa; Gulf of Suez farm-in opportunity; Rig and vessel contracts; EPSA-4 block signed by RWE Dea; Sasol awards offshore drilling contract; Block 1711 drilling

Mozambique | Egypt | Angola | Namibia | Libya
Subscriber

It has been a season of fundraising and new partnerships in the off-grid sector. The latest announcement, this time from Greenlight Planet, illustrates the growing scale of private investment into the sector. The company raised $60m in debt and equity, as well as announcing a partnership with a new investor, London-based private equity company Apis Partners, to focus on developing a range of products with in-built pay-as-you-go (PAYG) technology, the latest in a stream of specialist investors into the sector.

Issue 336 - 08 December 2016

Morocco: EPC signed for Noor solar

Free

Sterling and Wilson has signed an engineering, procurement and construction contract for the 170MW first phase of the Noor solar photovoltaic (PV) scheme. The Noor PV I programme, being developed by a consortium led by Acwa Power, will consist of three projects: Noor Ouarzazate IV, with a capacity of around 70MW, Noor Laayoune (80MW) and Noor Boujdour (20MW). This is the first solar PV phase of the Noor Solar Plan, which has already seen three major concentrated solar power projects in Ouarzazate.

Morocco
Free

Emerging Power (Gambia) has signed a 25-year power purchase agreement with state utility National Water and Electricity Company for a 10MW solar power project. Emerging Power (Gambia) is a special purpose vehicle owned by Dubai based Z-One Holdings and French solar developer Tryba Energy. Construction is expected to begin in May, Tryba said. Z-One is a holding company with stakes in Disctech, Energy Tech Mena, Solarpraxis, Ecoprogetti, CPS Mena, CSun-MEA, juwi MEA and ZT Energy and projects in Egypt.

Gambia
Issue 261 - 14 September 2013

Mali: Block 6 licence ratified


Subscriber

The government has ratified an exploration licence for Raven Resources Group subsidiary Corvus Resources Management to explore Block 6 in the Taoudeni Basin (AE 259/1). Calgary-based Raven is headed by Adeniyi Makanjuola, whose father Aderemi is a close associate of Michael Adenuga, owner of Conoil. Aderemi Makanjuola is chairman of Caverton Helicopters, a significant player in the oil service sector, while Adeniyi is executive vice chairman.

Mali
Subscriber

Speakers and delegates at the Africa Energy Indaba conference in Johannesburg on 18-21 February were optimistic about South Africa’s prospects. The power sector is in bad shape after years of poor leadership, and many difficult decisions regarding the structure of the industry lie ahead. However, as one industry veteran told African Energy: “You couldn’t pick a better president to face these challenges than Cyril Ramaphosa.”

South Africa
Subscriber

ANGOLA: Clov contract for FMC; ANGOLA: Cabinda appraisal well successful; ANGOLA: West Gemini drilling for Total; MAURITANIA: Dana spuds well on Cormoran gas prospect; MOROCCO: Tarfaya oil shale project progresses; MOZAMBIQUE: Sasol signs for onshore gas block; NIGERIA: Hardy sells up to focus on India; NIGERIA/SAO TOME: JDZ partners discuss second phase; SEYCHELLES: Seismic deal for EEZ; TANZANIA: M&P drills on Kianika; TUNISIA: Lambouka well

Mozambique | Angola | Mauritania | São Tomé & Príncipe | Seychelles | Nigeria | Tanzania | Morocco | Tunisia
Subscriber

British Virgin Islands-registered Ncondezi Energy Ltd has signed a joint development agreement with China’s Shanghai Electric Power Company Ltd (SEP) for the 300MW Ncondezi coal power project in Tete province. SEP will invest up to $25.5m to cover development costs to financial close in return for a 60% equity stake in the project’s special purpose vehicle Ncondezi Power Company. Ncondezi Energy will retain the remaining 40%.

Mozambique
Issue 202 - 04 February 2011

Tanzania to license ultra-deep

Subscriber

Tanzania plans onshore and offshore bid rounds this year, offering acreage beyond existing deep-water blocks. The fourth offshore round, which Tanzania Petroleum Development Corporation (TPDC) hopes to launch at the AAPG conference in Houston in April,

Tanzania
Issue 228 - 30 March 2012

COUNTRIES AND MARKETS

Subscriber

Eskom faces another electricity supply crunch in 2012-13; A joint venture between Firestone Energy and Sekoko Coal has signed a memorandum of understanding with state utility Eskom; South Sudan is looking to import 50-100MW from Ethiopia in “two or three years”; South Africa’s Conlog (Pty) Ltd has won a E291,487 ($388,000) contract for meters and other equipment; Documents for a treaty covering the financing, construction, operation and development of electricity interconnections linking Côte d’Ivoire, Liberia, Sierra Leone and Guinea were signed during a meeting of energy ministers on 5 March; Senior executives are under pressure at state utility Zesa Holdings after awarding themselves increases in their allowances of up to 75%, backdated to 2009

South Africa
Issue 216 - 24 September 2011

Further success for Apache

Subscriber

US independent Apache Corporation has reported further drilling success in the Western Desert, where it is the leading producer. A production test of the Cretaceous Alam El Buieb sand in the Tayim South 1-X well in the Faghur Basin flowed

Egypt
Issue 198 - 19 November 2010

Kosmos seeks partners

Subscriber

Kosmos Energy is still seeking farm-in partners for the Boujdour Block, offshore the disputed Western Sahara.

Morocco
Issue 246 - 17 January 2013

Tunisia: Dry well for Circle

Subscriber

Circle Oil’s Bou Argoub-1 (BAB-1) well on the Grombalia permit failed to find commercial hydrocarbons and will be plugged and abandoned. The exploration well in the South West Belli area of the permit, near the Belli, El Manzah and Beni Khaled fields, started drilling on 30 October.

Tunisia
Subscriber

Luxembourg-based Eurasian Resources Group has concluded power supply arrangements for its Frontier copper mine on the border between Zambia and the Democratic Republic of Congo (DRC). Eurasian announced on 26 November that a contract had been signed with Société Nationale d’Electricité (Snel), DRC commercial bank Rawbank and Zambia’s Zesco, which will supply 41MW. Frontier is an open-cast mine with facilities to produce copper sulphide concentrate, treating over 10m t/yr of copper sulphide ore.

DR Congo | Zambia
Subscriber

UK-based BBOXX has secured a $4m local currency loan from government-owned Union Togolaise de Banque (UTB) to fund the first phase of the company’s activities in Togo. The Togolese government aims to increase access to electricity from 36% in 2016 to 60% in 2022 under its Accelerated Growth and Employment Strategy. In rural areas, a government study identified 300,000 households that cannot economically be connected to the grid but which are suitable for solar home systems.

Togo