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Subscriber

Afreximbank and the African Petroleum Producers Organisation (APPO) have agreed to jointly create the African Energy Transition Bank to fund gas and oil projects and other energy schemes around the continent, at a time when many traditional sources of funding are drying up. However, many details remain to be ironed out, including how it will be funded.

Free
Project bulletin

Grid synchronisation and an air-cooled condenser (ACC) pneumatic test have been carried out at the Azito phase four power plant expansion project.

Côte d'Ivoire
Subscriber
Project bulletin

Eswatini Electricity Company is inviting proposals to supply gas for a planned large combined cycle power plant, despite issues surrounding feedstock imports. Submissions are due by 27 May.

eSwatini (Swaziland)
Subscriber

While the Bureau of Public Enterprises (BPE) has reported progress with plans to sell at least some of the National Integrated Power Project (NIPP) gas-fired plants, opposition to the privatisation from state governments and other lobbies continues. Nigerian government sources have told African Energy the sales process has stalled with no immediate sign of a breakthrough.

Nigeria
Subscriber

The first units of the three gas-fired power plants under construction in Tripoli, Misrata and Tobruk will shortly be commissioned, according to statements from General Electric Company of Libya (Gecol).

Libya
Subscriber

Sub-Saharan African countries flared 12.15bcm of natural gas in 2021, according to newly-released data from the World Bank Group’s Global Gas Flaring Reduction Partnership (GGFR), the equivalent of 32.4m tonnes of CO2 and $1.4bn worth of gas sales.

Ghana | Angola | Nigeria
Subscriber

Wintershall Dea has agreed to acquire another 11.25% participating interest in the Reggane Nord natural gas project in a deal with Italy’s Edison SPA. The Germany company already holds a 19.5% stake in the concession.

Algeria
Subscriber

Ghana is preparing to offer new oil and gas exploration blocks in its eastern and western offshore basins, according to deputy energy minister Mohammed Amin Adam. The details of the blocks have not been revealed, but they will be awarded to operators through direct negotiations, rather than offered in an open bid round.

Ghana
Subscriber

The Nigeria-Morocco Gas Pipeline (NMGP) scheme has secured more funding for studies – this time from the Opec Fund for International Development – despite some scepticism about the mega-project’s potential to ever get off the ground. Consultants have been lining up, with Australia’s Worley contracted to provide engineering services.

Nigeria | Morocco
Subscriber

TotalEnergies chief executive Patrick Pouyanné reaffirmed the French major’s commitment to oil and gas, saying they “will continue to be a significant source of cash”, during his Q1 2022 earnings call. Pouyanné also used the occasion to temper some of the recent Namibia upstream hype, stressed there would be no return to Mozambique LNG this year and outlined a divestment plan for some of Total’s Nigerian oil licences, while holding on to gas assets

Namibia
Subscriber

Negotiations between the government and international oil companies (IOCs), including Equinor and partners Shell and ExxonMobil, for a host government agreement (HGA) to underpin the $30bn Lindi liquified natural gas (LNG) project are proceeding on schedule, with an agreement expected by the end of May.

Tanzania
Subscriber

South African giant Sasol has announced the completion of the sale of its stake in the 175MW Central Térmica de Ressano Garcia gas power plant in Mozambique.

Mozambique
Free

Savannah subsidiary Accugas has signed an addendum to a gas sales agreement with First Independent Power (FIPL) which could see Accugas increase supplies by 30 mcf/d to 65 mcf/d.

Nigeria
Free

Wärtsilä has signed a ten-year service agreement with Malicounda Power for the service and maintenance of its 130MW power plant located in Mbour.

Senegal
Subscriber

Sound Energy has pulled out of its longstanding offer for fellow London AIM-listed company Angus Energy and its onshore Saltfleetby gas field in Lincolnshire, UK.

Morocco