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Sonatrach’s international upstream and downstream operations, which were promoted by former energy and mines minister Chakib Khelil, have come under scrutiny from the Algerian energy sector’s new management and from investigative authorities.

Algeria
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AP Møller Capital announced on 6 April it had completed its first investment in Kenya with the acquisition of the 52.5MW Iberafrica thermal power plant from Spain’s Naturgy. AP Møller said it planned to invest further in greenfield and brownfield power and energy infrastructure assets in Kenya. “Kenya is one of our focus countries, with its sizeable, growing, and well-diversified economy as well as its strategic location in East Africa.

Kenya
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The largest and most established private sector Russian presence in Africa is Lukoil, which despite its size has endured similar political pressure to that applied to other players to share control of its domestic hydrocarbons assets with state-owned Rosneft and Gazprom.

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Ophir Energy has signed an agreement on gas fiscal terms with the Ministry of Mines, Industry and Energy, paving the way for development of Block R (AE 285/17). Minister Gabriel Mbaga Obiang Lima told Global Pacific & Partners’ Africa Oil Week in Cape Town on 4 November that detailed discussions on development would now take place. Nguema Lima said the block contained 3.4tcf of recoverable gas, which would be produced via a 20-well development in four phases, to a floating liquefied natural gas vessel with capacity of 3m t/yr, which will be Africa’s first FLNG project.

Equatorial Guinea
Issue 241 - 18 October 2012

Solar inverter plant opened

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AEG Power Solutions subsidiary 3W Power has opened South Africa’s first utility scale solar inverter manufacturing facility

South Africa
Issue 191 - 24 July 2010

Poulina builds up co-gen portfolio

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Foodstuffs, paper, ceramics and building materials conglomerate Poulina Group Holding (PGH) plans to raise co-generation capacity to 50MW by 2011, executives told African Energy in Tunis. A 5MW unit at PGH’s Sfax paper plant was brought on line in June and more are planned. The amount generated will substantially exceed the total 13.5MW from four plants agreed with the Ministry of Industry,

Tunisia
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Algeria’s long-awaited hydrocarbons law revisions were finally approved by parliament on 21 January, five months after the law was adopted by the government and Council of Ministers. Some international oil executives gave them a cautious welcome, while others said the new terms were too little too late. The revised text was passed by an overwhelming majority of deputies, who voted to amend 58 articles and introduce nine new ones to Law 05-07.

Algeria
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A new blockade of Marsa al-Harigah port in eastern Libya by an armed group that has not been involved in previous disruptions has prevented tankers from loading crude and caused a sharp drop in exports, which had previously been running at about 360,000 b/d. The protesters, from a faction of the Petroleum Facilities Guard (PFG), are seeking payment of five months’ back wages rather than any major political concessions. But the action shows how easily production and exports can still be disrupted by relatively small groups.

Libya
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Engen Holdings is selling assets in ten countries outside South Africa to Vivo Energy Holding in a share transaction whose value was not disclosed. The deal will add nine new countries and more than 300 Engen-branded service stations to the Vivo network, taking Vivo Energy’s total presence to over 2,100 service stations across 24 African markets. The new markets for Vivo Energy included in the transaction are Democratic Republic of Congo, Zimbabwe, Réunion, Zambia, Gabon, Rwanda, Mozambique, Tanzania and Malawi.

Issue 195 - 08 October 2010

Beneficial interests at heart of Jubilee

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Ghana’s Jubilee oilfield has been plagued by allegations of corruption dating back to beneficial ownership of companies granted licences to work on the giant oil block

Ghana
Issue 145 - 05 September 2008

Gabon’s EITI tender: bids due by 10 Oct

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Gabon is seeking expressions of interest from consultancies to reconcile the state’s oil and mining income, for Extractive Industries

Gabon
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Wärtsilä has been awarded a contract to design and engineer a 17MW/15MWh energy storage system for B2Gold’s Fekola mine. Germany’s Suntrace GmbH and BayWa r.e. GmbH completed a preliminary study this year and are providing technical support to the project, which is due for completion in August 2020.

Mali
Issue 200 - 17 December 2010

KenGen set to commission Kipevu III

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Kenya Electricity Generating Company (KenGen) plans to commission a new 120MW diesel-fired power plant at Kipevu in January

Kenya
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Ghana says it has secured sufficient funds to buy Kosmos Energy’s stake in the Jubilee field for itself, which would enable it to sell the stake on to the bidder of its choice

Ghana
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A sale took place in Switzerland on 29 September of 25 supercars seized by Swiss authorities from vice-president Teodoro Nguema Obiang Mangue, known as Teodorín, the son of the president. The cars were auctioned with no reserve on behalf of the State of Geneva by auction handlers Bonhams. The sale raised about CHF26m ($27m) in total, of which CHF23.4m will go to social projects in Equatorial Guinea.Swiss authorities seized the cars and ordered the sequestration of Teodorín’s yacht in 2016 following an investigation into money laundering and mismanagement of public assets.

Equatorial Guinea