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Ophir Energy activity offshore Tanzania Exploration & Production

Ophir’s prized Tanzanian assets almost worthless

Medco Energi has valued Ophir at just $511 million, giving another indication that the deepwater gas in the company's Tanzania blocks might just stay in the ground.

7 February 2019
Policy & Regulation

Nigeria makes off-grid push to fix defective power sector

Nigerian President Muhammadu Buhari has inaugurated a new off-grid gas power plant, but its distribution licence overlaps with that of a much larger idle unit built by a former opposition politician.

6 February 2019
Pipelines, Storage & Power

Volumes fall on all four Africa-Europe pipelines

Gas deliveries dropped below 800 MMcm last week for the first time this year as transit declined on all routes.

5 February 2019
An Angolan offshore platform Policy & Regulation

Angola unveils new upstream controller

The ANPG will take over the role of concessionaire from state player Sonangol, but real power is unlikely to shift in the short term.

31 January 2019
Pipelines, Storage & Power

TransMed growth offsets Medgaz and GreenStream declines

Flows were up by 5.1% on the TransMed pipeline last week, making up for a 1.8% drop on GreenStream and a 4.2% fall on the Medgaz route.

29 January 2019
The port of Tema in Ghana. (Jonathan Ernst, World Bank) Exploration & Production

Ghana’s LNG plans show lack of policy coherence

Ghana's state petroleum company has entered into talks on a second LNG import project despite paying for domestic gas it is unable to utilise.

24 January 2019
Pipelines, Storage & Power

Africa-Europe gas flows down by 4.1%

Deliveries declined on both the TransMed and GreenStream pipelines last week, offsetting gains on the Maghreb and Medgaz routes.

22 January 2019
Anadarko operations in Mozambique LNG

Terror threat looms large in Mozambique

The deteriorating security situation in Cabo Delgado could make Anadarko’s LNG project more expensive, but financing is moving despite the arrest of Mozambique's former finance minister.

17 January 2019
Inspection of Ivory Coast's Azito power plant Pipelines, Storage & Power

Ivory Coast’s gas ambitions on the rise

The West African nation is taking steps to boost its gas-fired power capacity and has appointed a new energy minister.

16 January 2019
Supply & Demand

Heating demand boosts Africa-Europe pipeline flows

Falling temperatures prompted a 6.7% rise in deliveries across the Africa-Europe pipelines last week.

15 January 2019
A gas flow test off Mozambique LNG

Tortue paves the way for African LNG FIDs

Financial close on Tortue proves that well-capitalised projects with government support can succeed in Africa, and more look likely to follow.

9 January 2019
Pipelines, Storage & Power

North African gas exports rebound at start of 2019

Pipeline gas exports from North Africa to Europe ended 2018 in decline but were up again in the first week of the new year.

8 January 2019
A seismic survey ship at work for Ophir Energy. Companies & Finance

Medco takeover could cement Ophir’s Asia pivot

Medco’s acquisition of Ophir Energy would create a significant player in East Asia and shift the latter’s focus away from Africa.

4 January 2019
Exploration & Production

BP takes FID on Tortue/Ahmeyim

BP and its partners have taken FID for phase 1 development of the ultra-deepwater Greater Tortue Ahmeyim project.

21 December 2018
Exploration & Production

PTTEP boosting capex plans as it eyes African projects

PTTEP plans to increase its capital expenditure next year to $1.84 billion as it looks to develop new projects in Africa.

21 December 2018
Exploration & Production

Africa Energy obtains South African licence

Canadian-listed Africa Energy has been awarded a 4.9% stake in Block 11B/12B in the Outeniqua Basin

20 December 2018
LNG

Angola LNG resumes production

Angola LNG’s Soyo plant has resumed production after a “controlled shutdown”

20 December 2018
Exploration & Production

Libya’s NOC declares force majeure at largest oilfield

Libya’s NOC has declared force majeure at the country’s El Sharara oilfield following its seizure by protesters

20 December 2018
Maputo skyline, Mozambique LNG

Anadarko, Exxon LNG race heats up in Mozambique

Exxon has submitted a revised LNG development plan to the Mozambique government, while Anadarko has secured 9.5 mtpa of LNG offtake.

20 December 2018
Gas for Transport

Iveco launches gas-powered bus fleet in Ivory Coast

Iveco has delivered 26 gas-fuelled buses to Ivory Coast’s Abidjan Transport Co.

19 December 2018

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