Floor of a drillship off the coast of Mozambique Pipelines, Storage & Power

ARP project seeks concession licence in Mozambique

Shareholders are moving forward with plans to build a $6 billion pipeline to bring Rovuma Basin gas to South Africa

By Leigh Elston 23 October 2017
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
Pipelines, Storage & Power

Pipeline problems cause Ghana power shortages

A sharp drop in volumes through the West Africa Gas Pipeline (WAGP) from Nigeria has forced countries that depend on the line to implement load-shedding to prevent blackouts.

7 February 2012
Exploration & Production

Chevron to quell Nigeria fire with relief well

US group Chevron is to begin drilling a relief well to help stop the Funiwa Deep 1A well from burning, two and a half weeks after a fire broke out aboard the now-sunk KS Endeavor drilling rig on the s

3 February 2012
Exploration & Production

Namibian offshore drilling set for H2

The Namibia government has approved BP’s farm-in to Chariot Oil & Gas’ acreage offshore Namibia, paving the way for exploration work to begin in the second half of 2012, Chariot said in a London S

2 February 2012
Companies & Finance

Investors undeterred by Nigeria turmoil

The nationwide disruption caused by strikes over a cut in fuel subsidies, as well as a series of bombings by northern militant group Boko Haram, have done little to boost investor confidence in Nigeria.

2 February 2012
Companies & Finance

Success in Egypt boosts KEC’s Q4 production figures

Riding on the back of higher oil and gas prices and an increase in production in Egypt, Kuwait Energy Company (KEC) reported a 27% rise in revenue in the fourth quarter 2011 compared to the same period the year before.

1 February 2012
Companies & Finance

Sonangol boss moves into government

Angolan President Jose Eduardo dos Santos appointed Sonangol’s Chairman Manuel Vicente to a new post in government this week in an indication that he could be a contender to replace the ageing ruler

1 February 2012
Supply & Demand

China’s LNG imports up 30% in 2011

China’s LNG imports in 2011 grew by 30.53% from the year before to 12.21 million tons, according to figures released on Monday by the General Administration of Customs.

31 January 2012
Exploration & Production

Wentworth ups interest in Mnazi Bay concession

Wentworth Resources has acquired Cove Tanzania’s interests in the Mnazi Bay concession in Tanzania in a deal worth $38.8 million, the company said in a statement on Monday.

30 January 2012
Companies & Finance

Eni urges further North Africa investment

Italy’s Eni urged further investment in North African gas developments, despite the unrest caused by the Arab Spring, to ensure security of supply for Europe, a senior company executive said in Lond

30 January 2012
Policy & Regulation

Nigerian unrest could spark energy bill progress

Nationwide strikes and political unrest may provide an additional impetus for the Nigerian government to pass the Petroleum Industry Bill.

30 January 2012
Companies & Finance

Rialto looks at share issue to fund African work

Australian explorer Rialto Energy has revealed it intends to issue $63.83 million in share capital to fund its development programme offshore the Ivory Coast.

27 January 2012
Policy & Regulation

Sierra Leone energy minister dismissed

Sierra Leone’s energy minister, Ogunlade Davidson, has been dismissed over failures to adequately address the country’s electricity and water issues, Reuters reported.

26 January 2012
Pipelines, Storage & Power

Indian companies in frame for Nigeria’s power privatisation

Indian companies figure heavily in the shortlist of candidates drawn up by the Nigerian government to participate in the privatisation of the African country’s power projects.

26 January 2012
Companies & Finance

NLNG invites proposals for $1 billion-plus syndicated loan

Nigerian Liquefied Natural Gas has invited proposals for a $1 billion-plus syndicated loan to buy new LNG tankers, a banker close to the deal told AllAfrica.com.

25 January 2012
LNG

Turning East Africa’s LNG promise into reality

Big finds by Anadarko and Eni have raised the prospect of LNG exports from Mozambique by the end of this decade, but how easy will it be for developers to source the materials and personnel needed in a country unaccustomed to such large-scale projects?

23 January 2012
Exploration & Production

Algeria wakes up to looming supply crunch

After years of underinvestment in Algeria’s upstream oil and gas sector, the government has finally announced its intention to revise the country’s hydrocarbons law

20 January 2012
Companies & Finance

Brass LNG FID delayed

Total and INPEX have delayed a final investment decision on the Brass LNG project in Bayelsa state, Nigeria.

20 January 2012
Policy & Regulation

Angola accounting discrepancy

Angola's government has denied that $32 billion had gone missing from public funds, blaming the discrepancy in the public accounts on "oil revenue being inadequately recorded, especially revenue of (state oil company) Sonangol... which is not fully recorded in the national accounts," AllAfrica.com reported on Wednesday.

19 January 2012

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