The port of Pemba in  Mozambique, site of  the LNG logistics base. LNG

Militant attacks spook investors in Mozambique LNG

Attacks near Mozambique’s planned LNG projects may not be linked to Al-Shabab, but they hint at a future of more unrest in the region.

By Leigh Elston 18 October 2017
Companies & Finance

NNPC delays stake divestment for Brass LNG

An attempt by the Nigerian National Petroleum Corporation’s (NNPC) to divest 19% of its stake in the Brass LNG project has been indefinitely delayed, it has emerged this week.

24 February 2012
Exploration & Production

Statoil’s first well in Tanzania shows promising results

Logging results from Statoil’s Zafarani exploration well offshore Tanzania shows the Block 2 discovery has up to 142 billion cubic metres of gas in place

24 February 2012
Pipelines, Storage & Power

Nigerian power deal rounds off US trade mission

United States company Symbion Power and Nigeria’s Transnational Corporation of Nigeria (Transcorp) signed a partnership agreement in Lagos this week to look at joint investment in the country’s ailing power sector.

23 February 2012
Companies & Finance

Shell seeks Mozambique approval of Cove bid

Royal Dutch Shell unveiled a £992.4 million ($1.56 billion) proposed offer for Cove Energy, an East Africa-focused explorer, on Wednesday in a further sign of the excitement generated by the emerging gas play in Mozambique.

22 February 2012
Exploration & Production

Lagosta 3 well continues Mozambique success

United States company Anadarko announced encouraging appraisal results for the Lagosta 3 well offshore Mozambique on Tuesday.

21 February 2012
Pipelines, Storage & Power

Lagos power shortages after storms

Major cities in Nigeria continue to face severe power shortages as the country’s crumbling infrastructure struggles to cope with demand.

21 February 2012
Exploration & Production

Tullow Oil completes farm-down of Ugandan licences

Tullow Oil announced on Tuesday that has completed the farm-down of its Ugandan licences to Total and China National Offshore Oil Corp.

21 February 2012
Exploration & Production

Anadarko discovers oil off Sierra Leone

Anadarko has discovered oil off the coast of Sierra Leone in the Jupiter 1 well, the company announced on Tuesday.

21 February 2012
Exploration & Production

Apache to increase Egypt investment

United States group Apache’s Chairman and Chief Executive G. Steven Farris pledged to spend $1 billion on oil and gas development in Egypt next year at a press conference in Cairo on Sunday, according to a report from the Kuna news agency.

20 February 2012
Exploration & Production

Statoil find draws attention back to Tanzania

After a series of blockbuster reserves announcements in neighbouring Mozambique, a find by Statoil and ExxonMobil has refocused attention on Tanzania’s offshore potential.

17 February 2012
Exploration & Production

Total acquires new offshore licences offshore Ivory Coast

Total has signed production sharing contracts in Ivory Coast for three new ultra-deep offshore licences. The French supermajor will operate the CI-514 licence with a 54% interest, in partnership with Canadian Natural Resources International (35%) and Ivory Coast's national oil company Petroci (10%).

17 February 2012
Companies & Finance

EIB confirms it will lend to Cameroonian gas-fired project

The European Investment Bank (EIB) will part finance a new gas-fired power station project in Cameroon alongside other multilateral and investment agencies.

17 February 2012
Exploration & Production

Aminex looks to repeat Tanzania offshore success on land

The size of exploration finds in Tanzania’s offshore has yet to be repeated onshore, but positive initial drilling results from London-listed explorer Aminex suggest there is still gas to be found.

16 February 2012
Exploration & Production

Investors find Algeria tough nut to crack

Algeria remains a tough place to do business, despite Tuesday’s approval of the $3 billion North Reggane project in the south-west of the country, an analyst told Interfax on Wednesday.

15 February 2012
Exploration & Production

Algeria authorises $3 bln development for six North Reggane fields

The Algerian government has authorised the $3 billion development of six fields of the North Reggane project in the Algerian Sahara desert, it announced on Tuesday.

14 February 2012
Exploration & Production

PetroTrans exchanges draft agreements with Djibouti over LNG export

Chinese company PetroTrans has exchanged draft agreements with the Djibouti government over the possibility of exporting gas from Ethiopia via its port, the company’s legal advisor Philip Hirschler told Interfax on Tuesday.

14 February 2012
Policy & Regulation

Nigerian government plans to raise electricity tariff

The Nigerian federal government plans to raise the price of electricity by up to 88% in order to incentivise the country’s struggling power sector and attract private investment, the Financial Times reported on Monday.

14 February 2012
Global Markets

PDP wins gas rich Bayelsa

Nigeria’s ruling People’s Democratic Party (PDP) has won the election for governor of Bayelsa state in the country’s oil and gas rich south.

13 February 2012
Exploration & Production

Orca needs infrastructure to sell extra Tanzanian gas

Toronto-listed Orca Exploration has begun drilling a new well on Songo Songo Island off the coast of Tanzania to help boost output from the field. But the company needs more gas infrastructure to be built on-land before it can start selling the extra gas.

9 February 2012
Exploration & Production

Aminex finds gas traces at Ntorya 1 well

East Africa-focused oil company Aminex has founded traces of gas at its Ntorya 1 exploration well in the Rovuma Basin onshore in Tanzania.

7 February 2012

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