Sospeter Muhongo, Tanzania’s energy minister, has said the country must progress its LNG project. (Wentworth) LNG

IOCs take the lead on Tanzania’s LNG regulation

IOCs have set the LNG agenda with Tanzania’s government by submitting a draft host government agreement, but negotiations are likely to be tough.

By Leigh Elston 27 April 2017
LNG

FID postponed on Mozambique LNG till Q2 2018

An FID on Anadarko’s 12 mtpa LNG project in Mozambique is now not expected until Q2 2018, according to one of the project’s shareholders.

5 April 2017
Exploration & Production

Eni and Libya National Oil Corp. strike oil and gas near Bahr Essalam

Eni and Libya’s National Oil Corp. have made a gas and oil discovery in the Tripoli-Sabratah Basin, 5 km north of the Bahr Essalam development.

5 April 2017
Pipelines, Storage & Power

Kenyan power demand to grow nearly 8% by 2027

Kenya’s electricity demand is set to grow by 7.9% over the next 10 years, the Daily Nation has reported, quoting BMI Research.

4 April 2017
Pipelines, Storage & Power

Labour disputes disrupt GreenStream gas exports

GreenStream delivered 60.4% less gas than the previous week as a result of the disruption.

4 April 2017
Exploration & Production

Nigeria reduces gas flaring by 26%

Nigerian National Petroleum Corp. has reduced gas flaring by 26% over the past 10 years.

3 April 2017
Companies & Finance

Total finalises Gapco acquisition

France’s Total has finalised its acquisition of Gulf Africa Petroleum’s East Africa assets.

31 March 2017
Nigeria’s Bonny Island LNG plant. The country’s proposed Brass facility has run into problems. (Shell) LNG

Nigeria’s Brass LNG project faces restructure

Stakeholders in Nigeria’s proposed Brass LNG plant will need to reallocate Conoco’s old shares in the project before they can revive the venture.

31 March 2017
Exploration & Production

Algeria offers prospecting licences to IOCs

Algeria's oil and gas licensing agency will commission two studies to assess prospectivity in the north and south of the country, which it hopes will de-risk the acreage and convince IOCs to invest.

31 March 2017
Companies & Finance

Nigerian gas distributors claim $2.6 billion shortfall

Nigerian gas distribution companies are claiming they are facing a $2.6 billion shortfall in their finances as a result of debt in the sector.

30 March 2017
Exploration & Production

Impact farms out Senegal-Guinea-Bissau block

Impact Oil and Gas has farmed out a 65% interest in the AGC Profond offshore Senegal and Guinea-Bissau to China National Offshore Oil Corp.

30 March 2017
Pemba, the site of the LNG project being developed in Mozambique by Eni. (Interfax) LNG

Investors query Mozambique CGT application

Mozambique’s $350 million capital gains tax on Eni’s $2.8 billion sale to ExxonMobil has raised eyebrows.

29 March 2017
Supply & Demand

Italian contracts keep African flows to Europe high

After a slight drop in Week 11, pipeline deliveries from North Africa to Europe ticked up by 1.1% in Week 12, to 912.6 million cubic metres.

28 March 2017
Alternative Fuels

Finland’s Wärtsilä to build 15 MW PV solar plant in Burkina Faso

Finnish energy manufacturer Wärtsilä will build a 15 MW photovoltaic solar power plant in Burkina Faso that will be used to supply electricity to a gold mine.

27 March 2017
Pipelines, Storage & Power

NamPower and Eskom sign power deal

South African state-owned utility Eskom has signed a power-purchase agreement with Namibian state-owned utility NamPower.

27 March 2017
Companies & Finance

Oando to spend $1 billion on gas projects

Nigerian gas distribution company Oando plans to raise $1 billion to fund gas projects in the country.

27 March 2017
Companies & Finance

Shell will divest assets in Gabon by mid-2017

Shell has announced it is divesting its assets in Gabon and that it hopes to close the deal in mid-2017, the company said in an press release.

24 March 2017
Petroceltic’s Algeria AT-9 well. Algeria is pushing to increase its gas output. (Petroceltic) Companies & Finance

Algerian energy minister continues shake-up

The head of the Algerian oil and gas licensing agency, Alnaft, has been replaced in what could be a sign of sweeping changes to come.

24 March 2017
Construction work at Angola LNG. The disputed blocks are 400 km from the plant. (Angola LNG) Exploration & Production

Sonangol/Cobalt dispute clouds Angolan upstream

Cobalt International Energy has issued a notice of dispute to Sonangol after the Angolan state-owned company pulled out of a project, leaving Cobalt with assets it has struggled to sell.

24 March 2017
Companies & Finance

Sinopec pays $900 mln for Chevron African assets

Chinese state-owned Sinopec has agreed to pay $900 million for a 75% interest in United States-based Chevron’s assets in South Africa and 100% of its assets in Botswana.

23 March 2017
Exploration & Production

Eni awarded two exploration blocks off Ivory Coast

Eni has won two new exploration blocks 50 km off Ivory Coast, the company announced on Wednesday.

23 March 2017

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