Middle East & Africa

Policy & Regulation

Gabon’s oil and gas licensing round at risk from government inaction

Gabon’s latest oil and gas licensing round is at risk because of the ill-health of President Ali Bongo Ondimba

26 November 2018 Exploration & Production

Oil and gas revenues bring $220 million to Senegal in 2017

Senegal earned XOF 127 billion ($220 million) in revenues from oil and gas last year.

23 November 2018 Policy & Regulation

Subsea 7 sanctioned by Equatorial Guinea government

Equatorial Guinea’s oil minister has ordered petroleum companies operating in the country to cease doing business with UK-based Subsea 7.

23 November 2018 Policy & Regulation

Algeria plans major investments in energy to 2022

Algeria will invest $75 billion in its energy sector between the end of this year and 2022.

22 November 2018 Policy & Regulation

Ghana could exclude gas from projected revenues

Ghana may exclude gas revenues from its finances while it chases payments from the Volta River Authority.

20 November 2018 Policy & Regulation

Nigeria’s electricity tariffs have halved in four years

The fall in the value of the naira has caused Nigeria’s average electricity tariff to drop by 48% in the past four years

13 November 2018 Policy & Regulation

Vaalco hopes to begin Equatorial Guinea appraisal work next year

Vaalco Energy is in talks with the government of Equatorial Guinea about lifting the suspension on the company’s 31% interest in the offshore Block P licence

8 November 2018 Exploration & Production
An Eni offshore production platform

Algeria offshore deals a step forward, but hurdles remain

Further exploration could help the country boost its resource base, but IOCs are struggling against unattractive fiscal terms.

5 November 2018 Exploration & Production
Electricity pylons in Namibia

Kudu makes last-ditch plea for government support

The project partners are restarting negotiations with the Namibian government on the possibility of financial help.

2 November 2018 Policy & Regulation
An Anadarko drillship offshore Mozambique

Will Moz sign off on 29 mtpa of LNG next year?

There will definitely be an FID in Mozambique next year, but the question is whether it will be for Area 1, Area 4 – or both.

2 November 2018 Exploration & Production

Mozambique endorses power masterplan

Mozambique has approved a $34 billion integrated electricity infrastructure plan that plots the sector’s development over the next 25 years.

24 October 2018 Policy & Regulation
An offshore platform

Exploration stirs in South African waters

South Africa is seeing renewed interest in its offshore acreage, but policy issues may cause delays.

24 October 2018 Exploration & Production

Rwanda suspends exploration tender

Rwanda has halted bidding on exploration for oil and gas deposits in Lake Kivu.

23 October 2018 Exploration & Production
The Badra gas processing plant in Iraq.

US stance on Iran threatens Iraq’s electricity sector

Iraq needs Iranian gas imports to fuel its power plants, but looming US sanctions are threatening these supplies and could provoke unrest.

12 October 2018 Policy & Regulation

Angolan NOC Sonangol to be part privatised

State-controlled oil and gas company Sonangol is to be partially privatised as of June next year

11 October 2018 Policy & Regulation
Women in the Niger Delta cooking by gas flares

Nigeria talks tough on flaring ahead of elections

Nigeria has threatened to revoke the licences of companies flaring gas in the country, but terms for selling the fuel are still undeveloped.

2 October 2018 Exploration & Production
Beirut, Lebanon

Lebanon mulls licensing changes ahead of Round 2

Lebanon may scrap a requirement to secure approvals from its Council of Ministers before the country’s second licensing round.

19 September 2018 Exploration & Production
Crown Prince Mohammed bin Salman of Saudi Arabia

Aramco IPO decision may slow economic reform

Saudi Arabia has decided to postpone the IPO of its national oil and gas company, a move that could be a result of political factors.

12 September 2018 Policy & Regulation
The Egyptian LNG plant in Idku

Egyptian award could restart Damietta LNG exports

A resolution to the dispute between Union Fenosa Gas and the Egyptian government could see LNG exports resume from the Damietta plant.

12 September 2018 Exploration & Production
Angolan President João Lourenço.

All change as Sonangol loses concession-granting role

A new regulator will take over the licensing, management and supervision of blocks from 2019 as Angola grapples with declining oil and gas output.

10 September 2018 Exploration & Production

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