Africa

An aerial photo of northern Uganda Pipelines, Storage & Power

Uganda to use gas to generate electricity – minister

Big oil finds in Uganda’s Lake Albert also include associated gas that is desperately needed to alleviate a crisis in the country’s energy supply.

1 June 2012
Exploration & Production

Logbaba pipeline finished, revenues expected July

Victoria Oil and Gas has completed the second stage of its gas pipeline from the Logbaba project in Cameroon to industrial customers in one of the country’s largest cities, Douala.

1 June 2012
Pipelines, Storage & Power

Decision on Tanzania's $1 billion pipeline 'imminent'

A final decision on the construction of a pipeline connecting Mnazi Bay with capital city Dar es Salaam in Tanzania is “imminent” as the financing is almost in place, Wentworth Resources Managing Director Geoff Bury told Interfax this week.

31 May 2012
Companies & Finance

Orca sales up by 45%

Tanzania-focused Orca Exploration released first quarter results on Thursday, which showed a 45% increase in sales of additional gas to 1.5 MMcm/d.

31 May 2012
Exploration & Production

Bounty begins Tanzania seismic work

Australian group Bounty Oil and Gas has begun 2D seismic work in the Nyuni Block offshore Tanzania, the company said earlier this month.

31 May 2012
Companies & Finance

PTT set to acquire Cove Energy

Thai state-owned company PTT has secured approval from the Mozambique government to proceed with its acquisition of London-listed Cove Energy.

30 May 2012
Policy & Regulation

Can Tanzania handle its gas riches?

Big gas finds in East Africa are putting existing government institutions under strain, especially in Tanzania where the medium term outlook for fiscal and regulatory policy is clouded with uncertainty.

29 May 2012
Policy & Regulation

Despite challenges, Libyan PM optimistic for the country’s future

Libya’s National Transitional Council is committed to ensuring that when Libyans take to the polls on 19 June it is in an “atmosphere of security, freedom, certainly transparency, and integrity”, Prime Minister Aburrahim el-Keib told journalists at Chatham House on Friday.

28 May 2012
Pipelines, Storage & Power

Nigeria spends $1 billion on gas infrastructure - report

The Nigerian government has spent close to $1 billion on gas infrastructure in the past year, Diezani Allison-Madueke, the country’s energy minister, said this week, according to the Business Day newspaper.

24 May 2012
Exploration & Production

Eni unveils find in Western Desert as Egypt votes

Italy’s Eni announced a “significant” find in the Emry Deep exploration well in Egypt’s Western Desert on Thursday.

24 May 2012
Companies & Finance

PTT ups Cove offer, awaits Maputo approval

Thai group PTT unveiled an improved offer for London-listed Cove Energy on Wednesday, only hours before a deadline for shareholders to accept Royal Dutch Shell’s bid for the company was due to expire.

23 May 2012
Exploration & Production

Egypt licencing round attracts 25 bids

Egypt’s onshore exploration round drew 25 bids from 12 companies for the 15 blocks on offer, Upstream reported on Friday, citing a senior official at the Egyptian General Petroleum Corp.

18 May 2012
Exploration & Production

The dangers of deep-sea drilling in East Africa

Estimates of East Africa’s enormous offshore gas reserves continue to grow as more wells are drilled in both Tanzania and Mozambique. This week alone there have been three successful wells reported by Anadarko Petroleum, BG Group and Eni.

17 May 2012
Exploration & Production

More East African gas finds for BG and Eni

The reserve estimates offshore Tanzania and Mozambique are spiralling higher, with another two finds announced on Wednesday following Anadarko Petroleum’s discovery on Tuesday.

16 May 2012
Exploration & Production

Anadarko unveils new gas structure offshore Mozambique

Anadarko Petroleum and partners have struck more gas in Mozambique’s Offshore Area 1 licence, reporting a gas accumulation at the Golfinho well in an entirely separate structure to the existing discoveries on the block.

15 May 2012
Exploration & Production

Shell tackles pirates for offshore treasure

Royal Dutch Shell is pioneering a stabilising and state-building initiative in Somalia, one of the world’s most fragile states, where it still lays claim to offshore exploration rights more than two decades after they went into force majeure following the collapse of the central government in Mogadishu.

15 May 2012
Exploration & Production

Total stops Nigerian gas leak

Total has stopped the gas leak on the OML 58 licence in Rivers State, Nigeria, the company said in a statement on Sunday.

14 May 2012
Companies & Finance

Chariot shares plummet 40% on failed Tapir South well

Shares in London-listed explorer Chariot Oil & Gas plummeted by almost 40% on Monday after the company revealed that its Tapir South well offshore Namibia failed to find commercial quantities of oil and gas.

14 May 2012
Exploration & Production

Sudan and South Sudan clash over oil

The recent border clashes between Sudan and South Sudan have exacerbated the dispute over oil transit fees for the 350 thousand barrels per day (Mb/d) output from South Sudan’s vast oilfields, Juba’s Chief Negotiator Pagan Amum told Interfax.

11 May 2012
Exploration & Production

‘Great improvement’ in Niger Delta security situation

The security situation in the Niger Delta has seen a “great improvement” after the government took steps to address concerns of militants operating in the area, Iliyasu Danjuma Bagna, the security manager at Total E&P Nigeria, told Interfax on Thursday. “It’s down to the government of Nigeria – it is doing well,” he said.

11 May 2012

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