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Exploration & Production

RWE drills second well in Egypt's South Sidi Ghazy structure

Germany’s RWE announced on Monday a further extension of the South Sidi Ghazy-1x discovery in Egypt.

8 October 2012
Exploration & Production

Aminex, Solo Oil looking for Ruvuma partner in Tanzania

London-listed explorers Aminex and Solo Oil announced on Monday that they were looking for a partner for the Ruvuma Production Sharing Agreement (PSA) in Tanzania.

8 October 2012
Global Markets

Libyan PM dismissed

Libya’s parliament dismissed their recently appointed prime minister over the weekend after his choice of cabinet was rejected for a second time, Reuters reported.

8 October 2012
Exploration & Production

Kenya looking for further gas exploration after Mbawa find

The Kenyan government is hoping to capitalise on the recent Mbawa find to open up the country’s emerging gas exploration sector to new investors.

8 October 2012
Policy & Regulation

Uncertainty in Tanzania over contract review

Hotels in Maputo, Dar es Salaam and Nairobi are booked out with oil and gas conferences but, asks Africapractice Tanzania’s Senior Consultant Subiro Mwapinga, is the government doing enough to attract investment into the country?

5 October 2012
Exploration & Production

Africa holds high promise, but still high risk for oil and gas explorers

Morocco, West Africa and East Africa, particularly in Namibia, are still the hot spots for oil and gas exploration, a panel of analysts told delegates at the World Independent Oil Companies Congress on Wednesday.

4 October 2012
Policy & Regulation

Egypt needs more studies before subsidies reform – oil minister

The Egyptian government needs to complete more studies before implementing much-needed energy subsidies reforms, the country’s oil minister Osama Kamal said in an interview on Wednesday.

4 October 2012
LNG

Tanzania explorers consider joint LNG development

BG Group and Statoil have begun negotiations over joint development of an LNG plant in Tanzania, BG’s head of commercial in the East African country said in London on Tuesday.

3 October 2012
Exploration & Production

Independents still pioneering exploration of frontier plays

It is the independent oil companies, not the majors, who are opening up new exploration plays in the oil and gas industry, Simon Flowers, head of corporate analysis at Wood Mackenzie, told delegates at the World Independent Oil Companies Congress on Wednesday.

3 October 2012
Exploration & Production

Petronas spuds Mozambique well

Petronas started drilling a new exploration well in its licence offshore Mozambique on Friday, a director at national oil company ENH said on Monday.

2 October 2012
Exploration & Production

East Africa to avoid the resource curse – Citigroup

Fears that the influx of investment needed to develop big offshore gas finds in East Africa will destabilise the local economies are overblown, a senior economist from Citigroup has said.

1 October 2012
Pipelines, Storage & Power

Nigeria progresses power privatisation

Nigeria announced preferred bidders for five power generation companies this week, marking an important step in the government’s plans to privatise the sector.

27 September 2012
LNG

Domestic pressure may force Egypt to shift to LNG imports

A post-Tahrir Square Egypt is facing the cold reality of rising domestic gas demand but faltering supply. This is threatening earnings generated by LNG exports and could eventually force the country to become an importer of the fuel.

25 September 2012
Exploration & Production

Total chasing ‘billion barrel’ Mozambique prospect

France Total said it is chasing a “billion barrel” oil prospect in Mozambique after farming into two offshore blocks in the Rovuma Basin.

24 September 2012
Exploration & Production

PGNiG close to Libya force majeure lift

Poland’s PGNiG is close to lifting force majeure on its oil and gas production in Libya, a senior member of the company’s management said on Monday.

24 September 2012
Supply & Demand

Angola LNG readies first export cargo for spot market

Angola LNG has begun tendering for spot cargoes and mid-term deals ahead of exports commencing in October, sources have told Interfax.

21 September 2012
Supply & Demand

Africa should follow Scandinavian example - IRENA

Africa should follow the example of Scandinavia as it builds grid infrastructure to cope with various generation sources, said Adnan Amin, director general of the International Renewable Energy Agency, at the FT Global Energy Leaders Summit in London on Wednesday.

19 September 2012
Supply & Demand

Lagos electricity supply increases 35%

The Lagos Chamber of Commerce and Industry said on Monday that electricity supply in the region has increased by 35% in the last three months, according to a report in the Daily Trust newspaper.

17 September 2012
Companies & Finance

New board of directors for Tanzania Petroleum Development Corp.

Sospeter Muhongo, Tanzania’s energy and minerals minister, has instructed the new board of directors of the Tanzania Petroleum Development Corp. to review all of the country’s 26 existing oil and gas licences, according to a Tanzanian newspaper.

17 September 2012
Exploration & Production

Shell to proceed with $200 million Karoo drilling campaign

Royal Dutch Shell is ready to proceed with is $200 million shale exploration campaign in the Karoo Basin, after the South African government lifted a moratorium on shale drilling last Friday.

14 September 2012

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