0
 

Search results

General

Type

Sector

Regions

Sort options

10,000 results found for your search

Issue 358 - 23 November 2017

Tanzania: Framework for small IPPs

Subscriber

There continues to be interest in small independent power producer (IPP) projects in Tanzania. In particular, the success of the off-grid renewables market, which has seen considerable investment over the past year, has led to hopes that small IPPs will prove less susceptible to the legislative and political hurdles facing larger projects.A regulatory framework for small IPPs, classed as between 100kW and 10MW, including procurement rules and a standardised power purchase agreement (PPA), were published by the Energy and Water Utilities Regulatory Authority on 24 October.

Tanzania
Subscriber

The US Department of Justice on 30 June filed a complaint in the Columbia District Court for the civil forfeiture of £22m, the value of shares in the former Griffiths Energy International used to bribe Chad’s former ambassador to Washington, Mahamoud Adam Bechir. Griffiths Energy was fined C$10.35m by a Calgary court in January 2013 for violating the Canadian Corruption of Foreign Public Officials Act. The company renamed itself Caracal Energy and was bought by Glencore in 2014.In 2009, Griffiths’ founder Brad Griffiths, who later died in a boating accident, and his business partner Naeem Tyab agreed to pay Bechir and his associates $2m in currency and shares for their help in influencing the award of oil acreage in Chad.

Chad
Issue 305 - 24 July 2015

Paris fund enters African markets

Subscriber

Backed by bilateral and international financial institutions, Meridiam Infrastructure Finance (MIF) is near to launching its first African equity fund, which will seek to position it as a developer as well as investor in long-term projects, as it has done in Europe, Turkey and North America. Paris-based MIF’s Africa fund, which is targeting an initial E300m of equity, enjoyed a successful first close in May and “is moving far down the path”, towards a launch, partner Julia Prescot told the European Investment Bank’s first ‘Africa Day’, held in Luxembourg on 11 July.

Subscriber

Subsea 7 has given KBR a contract to carry out the topsides design for Chevron’s Lianzi development project in a unitised offshore zone between the Republic of Congo and Angola. Chevron gave the go-ahead in July 2012 for development of the Lianzi field after the two governments reached agreement on the unitised zone.

Angola | Congo Brazzaville
Subscriber

African Development Bank (AfDB) president Akinwumi Adesina’s visit to Guinea on 16-17 May was focused on developing the country’s energy sector. Guinea plans to harness its hydro potential to power domestic mining and supply the region. The estimated cost of its planned energy schemes totals some $4bn.There had been reports that differences emerged between Adesina and Guinean President Alpha Condé during December’s COP21 climate talks in Paris about the best way to manage the funds promised by donors.

Guinea
Subscriber

Kosmos Energy’s plans to add an extra well to its 2011 exploration programme were dealt a blow in early July by an anchor-handling incident at the rig. The company said on 5 July it had secured additional capacity on the

Ghana
Issue 213 - 15 July 2011

Second Petroceltic rig arrives

Subscriber

Petroceltic International has brought in a second rig to the Isarene permit to work on its appraisal programme. Well AT-6, the third well in the current appraisal campaign on the

Algeria
Subscriber

The Economic Community of West African States, with funding from the World Bank Group, is seeking expressions of interest from consultants to carry out a study on battery storage in the region. The consultant will build on a study conducted by DNV GL.

Subscriber

Japan’s Mitsubishi has agreed to acquire a 20% stake from Anadarko Petroleum in the Tullow Oil-operated Block CI-103. The block, which lies about 50km offshore in 2,000 metres of water, contains Tullow’s Autruche light oil discovery found by the Paon 1X well in 2012. Since then, the Calao 1X exploration well and Paon 2A appraisal well have both proved unsuccessful, but the Paon-3A well is planned for H2 2014, at a site 3.7 miles south of and down dip to Paon-1X. The well will target the Cretaceous fan system in which the discovery well encountered 100 feet of net oil pay.

Côte d'Ivoire
Subscriber

An updated version of South Africa’s Integrated Resource Plan (IRP) – the energy mix planning document that guides and constrains procurement – has been approved for the first time since 2010. The IRP is meant to be updated every two years but has become a lightning rod for arguments about the future of electricity generation and coal mining in the country, as well as being drawn into controversy over state capture.

South Africa
Subscriber

The Middle Delta Electricity Production Company, a subsidiary of state-owned Egyptian Electricity Holding Company (EEHC), is seeking bids for the heat recovery steam generators (HRSGs) package of the 750MW Banha combined cycle power plant.

Egypt
Subscriber

National Oil Corporation (NOC) is widely reported to have signed an agreement with Glencore under which the Swiss-based trading company acquired rights to the Sarir and Messla crude being exported from Marsa al-Harigah in return for importing a quantity of gasoline each month. NOC responded to the reports, which emerged in the industry press in late August, with a statement saying: “what has been published in those media outlets is not true. In addition, NOC would like to take this opportunity to reassure to its customers in the global oil market that NOC is committed to respect its contracts and their terms.

Libya
Issue 239 - 20 September 2012

Algeria: Reshuffle reaches Sonatrach empire

Subscriber

Three days after the 3 September announcement of a new government led by prime minister Abdelmalek Sellal, which retained Youcef Yousfi as energy and mines minister, eight heads of various Sonatrach affiliates were sacked and two vacant senior management positions at the heart of the mother company were filled.

Algeria
Issue 157 - 20 February 2009

COMPANIES AND MARKETS: Cetco, SeaBird

Subscriber

CETCO: New entrant in Libyan oilfield service sector; SEABIRD: Agbami survey contract

Nigeria | Libya
Issue 266 - 25 November 2013

South Africa: Clarke Energy expansion

Free

Clarke Energy has bought GE’s South African Jenbacher gas engines service business and Agaricus Trading, sales representative of GE Jenbacher in engines in South Africa, Botswana and Mozambique. Clarke has also been appointed as Jenbacher gas engines distributor and service provider for the region.

South Africa